Ford's CEO and CFO took a drive in a Chinese EV. What they said next reveals a lot about the state of the US auto industry.
Ford's CEO and CFO took a drive in a Chinese EV. What they said next reveals a lot about the state of the US auto industry.
"These guys are ahead of us," Ford CFO John Lawler told the company's CEO Jim Farley after the two had taken a test drive in a Chinese electric SUV.
Paywall removed: https://archive.is/RhhWh
So Ford realised they actually sucks?
When Tesla held its quarterly earnings call in January, CEO Elon Musk acknowledged the threat posed by Chinese automakers, calling them "the most competitive car companies in the world."
"If there are no trade barriers established, they will pretty much demolish most other car companies in the world," Musk told investors at the time.
So Melon Husk do know China is the bigger capitalist than US. How anti-capitalism he is.