The Latest Breaking News from Jim Farley

Today on Critical Materials: Ford CEO calls Lidar 'mission critical' to self-driving, Tesla Q2 delivery numbers due out, and feds propose slashing EV tax credit

Ford Motor Co. (NYSE:F) CEO Jim Farley has hailed Chinese EVs as competition from Chinese automakers gets stiffer throughout the globe.

Farley says that lidar is “mission critical.”

Jim Farley said there needs to be a societal mindset shift, too, where society doesn't look down on blue collar workers.

The Tesla Cybertruck has lost the top spot on the list of best-selling electric pickup trucks in the United States. After finishing 2024 as a best-seller, Tesla’s only pickup has fallen to second place in the first quarter of this year.

Twenty years ago, Ford CEO Alan Mulally revitalized the company in part through his "One Ford" strategy. It saw the Blue Oval doubling down on its global ambitions while reducing the number of disparate vehicles for different markets. It seemed like the natural course for what was then a hyper-globalized…

Ford Motor reported better-than-expected earnings but the company faces an uncertain year reflected in a lack of forward guidance amid tariff concerns

Update: A Ford spokesperson confirmed a small price increase for the Maverick that is part of "usual mid-year pricing actions combined with some tariffs we are facing."

The US-based company is one of the least affected carmakers hit by US trade tariffs, yet it pulled back its entire forecast for the year, citing uncertainty and potential supply chain disruptions.