And he acknowledges Tesla is more valuable than Ford. For once, Bill isn’t wrong.
In an interview with the New York Times, Ford Motor Company Executive Chair and Henry Ford’s great grandson Bill Ford, called the debacle surrounding American car buyer’s adoption of electric cars to be “politicized” and compared it to the undertones surrounding the COVID-19 vaccine.
“Blue states say EVs are great and we need to adopt them as soon as possible for climate reasons. Some of the red states say this is just like the vaccine, and it’s being shoved down our throat by the government, and we don’t want it," Ford said. “I never thought I would see the day when our products were so heavily politicized, but they are.”
Ford’s comments are not without merit. President Biden’s push towards electric cars has sparked a reaction from his opponents — namely former President Trump, who skipped a televised GOP presidential candidate debate last month to tell a crowded room of Michigan voters that the EV shift will “ki-l” the domestic auto industry.
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“Keep this in mind: The most valuable company that our industry has ever seen is Tesla, and it’s growing.” Ford said. “That’s a very instructive point when people say EVs are not desired.”
Ford’s comments come at a time when the company that shares his namesake is experiencing some turbulence with their electric models. On October 2, the Ford Motor Company (F) - Get Free Report said that some dealer stock orders of its F-150 Lightning electric pickup have been canceled and units returned to the factory for “additional quality checks.”