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Why Ford CEO Is Warning Automaker’s Employees To Take Tesla Seriously: ‘We Can’t Ignore This Competition Anymore’

Why Ford CEO Is Warning Automaker's Employees To Take Tesla Seriously: 'We Can't Ignore This Competition Anymore'

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Ford Motor Co (NYSE: F) CEO Jim Farley is the latest legacy-automaker executive to warn employees that electric-vehicle segment leader Tesla Inc (NASDAQ: TSLA) needs to be taken seriously, Electrek reported on Monday, citing Detroit Free Press. What Happened: Farley praised Tesla’s overall prowess in a recent internal meeting and said the Elon Musk-led company makes electric vehicles better than the rest and deserves that respect from the legacy player.

...read full article on Benzinga

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