Jim Farley and Elon Musk
Jim Farley and Elon Musk.
  • Ford CEO Jim Farley says Tesla's pricing could spark an EV price war. 
  • Farley said Tesla's attempt to increase sales was "completely rational and should surprise no one."
  • Tesla has slashed the price of its cars several times this year.

Ford CEO Jim Farley said Tesla's price cuts could spark an electric-vehicle price war and transform some into commodities. 

At a charity event in Detroit reported on by Bloomberg, Farley said Tesla's attempts to increase sales were "completely rational and should surprise no one."