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WEKU
WEKU
Business
Camila Domonoske

Ford is losing a lot of money in electric cars — but CEO Jim Farley is charging ahead

Ford CEO Jim Farley speaks at the launch of the Ford F-150 Lightning at the Ford Rouge Electric Vehicle Center in Dearborn, Mich., on April 26, 2022. Farley is determined to expand production of electric cars — and at the same time, to make more energy-efficient gas-powered and hybrid models. (Bill Pugliano/Getty Images)

LAS VEGAS, Nev. — Jim Farley, the CEO of Ford, was pulling a U-turn in an electric vehicle. The reason? An elusive charging station.

"Where's the charger? This is always what happens to me," he said good-naturedly, as he turned his F-150 Lightning around, while following directions from his teenage son in the back seat. "Are they in that corner?"

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