Ford Comes to the Rescue of Tesla

Ford (F) – Get Ford Motor Company Report and its CEO Jim Farley have one obsession: to beat Tesla (TSLA) – Get Tesla Inc. Report.

In launching the start of the F-150 Lightning electric pickup, the clean version of the best-selling F-150, Farley had been clear.

“We plan to challenge Tesla and all comers to become the top EV maker in the world,” Farley said on April 26. “That’s something that no one would have believed just two years ago from us.”

Farley did not hesitate to mock Tesla by asking when production of the long-awaited Cybertruck, the rival of the F-150 Lightning, was going to begin. Tesla CEO Elon Musk recently promised it will be in 2023 after several delays.

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