
Ford Motor Co (NYSE:F) on Wednesday revealed plans to use Model e as the name of its electric vehicle unit, eight years after the legacy automaker cut short Tesla Inc’s (NASDAQ:TSLA) move to use the same name for its now best-selling Model 3 electric sedan.
What Happened: Tesla CEO Elon Musk had in 2014 revealed that Ford had threatened to sue the EV maker over the Model E trademark, which forced it to work on a turnaround.