Ford's $50 Billion Gamble: Catching Tesla by 2026?

Ford's $50 billion gambit is set to electrify the automotive world! Can they overtake Tesla by 2026? 🚗💨 Join us as we explore Jim Farley's daring strategy to transform Ford into a leading electric vehicle (EV) powerhouse, aiming to rival the success of Tesla. Witness the revolution in the automotive industry as Ford commits an immense $50 billion towards electrification, challenging the current titan of electric vehicles.
Discover how Ford plans to revisit its roots with a modern twist. Inspired by Henry Ford's pioneering vertical integration model, the current Ford CEO aims to control every step of the EV production process. This shift marks a pivotal moment in automotive history, potentially democratizing electric vehicle ownership much like the Model T did for gasoline cars. Explore the latest innovations as Ford navigates from losses per EV unit to a profitable, vertically integrated future.
Will Ford's ambitious plan lead to a new era of automotive dominance, or is it a high-stakes risk in the rapidly evolving world of electric vehicles? Dive deep into the strategies that could redefine the industry and set new benchmarks for others to follow.
CHAPTERS:
0:00 - Intro
0:34 - Ford's Historical Strategy
3:04 - Transition to Vertical Integration
7:21 - Ford's EV Production Goals
#TeslasApproach #TeslaDominance #TeslaCompetition #TeslasExperience #technologyadoption

[@poneill65]

Oh noes,.. the competition is coming,... again.

[@sullytrny]

No

[@jasonc3589]

Catch up with Tesla? China already beat Tesla....

[@GlobalFocus01]

And what makes you say that?

[@jasonc3589]

@@GlobalFocus01 What are you talking about? Are you joking? Look at just the sales of BYD alone not to mention all the other brands. FYI Tesla's don't get built without Chinese parts and batteries.

[@vickiwithers8563]

Sales sure but they keep exploding or catching fire

[@jasonc3589]

@@vickiwithers8563 Lol 😂 I'm sorry but that's just pure ignorant Western propaganda that makes absolutely no common sense whatsoever. If let say BYD had a track record of unsafe vehicles then why did they have a 62% market increase in 2023? If they're so completely unsafe then why are people still buying them? You people act like the Chinese government has no laws nor regulations regarding such matters.

[@jasonc3589]

@@vickiwithers8563 If they're so unsafe then why did they have a 62% increase in sales for 2023? Use some common sense...