Ford Mustang Mach-E has a mile of wires it doesn't need. That's a big deal
Ford Mustang Mach-E has a mile of wires it doesn't need. That's a big deal
Feb 04, 2023 by CNN
Key Facts
- Farley said these and other cost problems meant that Ford “left about $2 billion of profit on the table.”
- It’s a sign that those who predicted that Tesla would soon lose its advantage due to increased competition in EV offerings from the established automakers were getting ahead of themselves.
- Not all the problems Ford reported are related to its attempt to shift to a line-up of EVs rather than traditional internal combustion engines.
- But Schiffer said the missteps from the established automakers, and the lead that Tesla has in the field, will give it a chance to grow to as many as 20 million vehicles a year in the future, far more than the total number of vehicles, gas or electric, that any automaker has ever sold.
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