Ford CEO on Chinese-made car

Ford CEO Jim Farley has garnered attention for his admission that he drives a Xiaomi SU7 electric vehicle, a Chinese-made car he describes as 'fantastic.' He highlighted the vehicle's availability, noting it has been sold out for six months, and emphasized the importance of understanding competitors' products by driving them. Despite the car's $30,000 price and its inaccessibility in the U.S. due to tariffs, Farley defended his choice, stating that it helps him better compete in the market. Critics, including Jason Isaac, have condemned his decision as a 'slap in the face' to Ford employees, while others appreciate his candidness about the electric vehicle landscape. Farley's comments come amid ongoing discussions about the viability of the Apple car project, which has been scrapped. His praise for Xiaomi underlines a growing trend where tech companies are making significant strides in the automotive industry.