Ford CEO says taking apart Tesla, Chinese EVs was ‘shocking' — forcing him to overhaul company
Ford CEO Jim Farley said he got so humbled by the competition that he realized he needed to overhaul his company or risk falling behind.The auto executive admitted on Tuesday that he was “very humbled” when Ford tore apart its first Model 3 and started dismantling Chinese electric vehicles, discovering what he called “shocking” differences that forced the company to completely rethink how it builds cars.The wake-up call came when Ford engineers compared the Mustang Mach-E — the number two bestselling EV in ...