Ford is losing billions of dollars on EVs, and CEO Jim Farley isn't afraid to admit their vehicles are not the most efficient.
I'm guessing that's why he drives a Chinese-made Xiaomi SU7 electric vehicle.
Not joking. Here he is on "The Fully Charged Podcast":
This is what he drives.
The CEO of Ford!
The internet had some thoughts:
From the New York Post:
Jason Isaac, who heads the American Energy Institute, took aim at Farley for shunning US-made technology.
'Jim Farley's recent admission that he drives a Chinese-made electric vehicle is a slap in the face to the thousands of hardworking employees at Ford Motor Company,' Isaac told National Review.
'At a time when Ford is receiving billions of dollars in subsidies from American taxpayers to support domestic EV production, it is deeply troubling that the company's chief executive would choose a Chinese product over an American vehicle his own company manufactures,' he added.
I'm hoping โ HOPING โ Farley is just over here looking into the Chinese technology and learning from the competitor.
But this isn't a good look for a guy who is leading Ford!
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