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Jim Farley Says Tesla Lacks 'An Updated Vehicle' To Compete With Chinese EVs, Elon Musk Reveals The 'Limi

Farley said the Chinese EV helped him assess competition as Ford pivots toward smaller, more affordable vehicles.

Summary by Benzinga
Ford CEO: Chinese EV makers like BYD are benchmark for global industry, Tesla no longer sets pace in important segments.

8 Articles

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Jim Farley, General Manager of Ford, said that he tested a Xiaomi electric vehicle, and not one Tesla, for some reason, writes Business Insider. In an interview given to the podcast "Rapid Response," the host Bob Safian asked Farley why he drove a Xiaomi US7 electric model in 2024, instead of a Tesla, for ...

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The automobile industry is experiencing a moment of growing tension, and a recent statement makes it clear. Ford CEO Jim Farley has issued a strong warning about the arrival of Chinese electric cars to the world and, especially, to his country, the United States. This is something that has taken many by surprise, as the manager has been one of many who has 'pyroped' the Eastern manufacturers on numerous occasions. In fact, a few months ago it wa…

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Business Insider broke the news in United States on Monday, April 20, 2026.
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