Ford CEO Jim Farley burns Tesla during electric F-150 Lightning launch event

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Ford CEO Jim Farley used the launch of F-150 Lightning production to take a few pokes at rival Tesla, whose electric truck has been delayed.

While talking about the F-150 Lightning's bidirectional power capability, which allows it to be used as a power source for other electrical equipment, Farley mentioned one capability in particular."You can even charge other EVs for your friends that own Teslas," he said. After some laughter from the audience, he added, "That wasn't fair, was it? But so what?"

Farley went on to praise other features, including the truck's sub-$40,000 starting price, quick acceleration, hands-free highway driving system and 10,000-pound towing capacity and referenced Tesla's upcomingThe F-150 Lightning is available in models with a range of 320 miles per charge. "You, our customers, are going to get capabilities no other EV truck can ever offer, but for thousands of dollars less than our competitor's trucks. Whenever they actually go on sale," he said.

General Motors is also scheduled to begin selling a high-volume electric version of the Silverado pickup in 2023 but currently offers the luxury GMC Hummer EV pickup. "Our truck is here today, because we rolled up our sleeves," Farley added. "We rediscovered our roots around innovation. We worked together, and now we're busting our butts to make more of these."Ford expanded the size of its Lightning factory from its original plans due to stronger than expected demand. It has over 200,000 reservations for the F-150 Lightning and expects to be building them at a rate of 150,000 trucks annually sometime in 2023.

 

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Write this same headline but have it read 'Tesla burns Ford whole automotive business' and see how many likes and retweets you get:)

Not sure how much is this a burn when Tesla is a 900 billion to 1 trillion dollar company and Ford is like 60 billion. Tesla can choose to acquire Ford for a fraction of its cap if it wants to. Not even close currently.

Better make use of the head start before the Cybertruck is released next year (hopefully). Problem is the charging infrastructure for non-Tesla vehicles leaves much to be desired.

Lit

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Another electric Ford pickup truck is coming, Farley saysFord officially launched production of the 2022 F-150 Lightning today, and Jim Farley snuck a small nugget of future electric truck news into his speech. WholeMarsBlog Will it get here in less than 13 years? WholeMarsBlog ‘The current ICE F150 is obsolete’ ‘Lightning is obsolete’ ‘The next EV truck is, however, going to be awesome’
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