Ford's CEO said he chose to test-drive a Xiaomi and not a Tesla because the latter doesn't have an 'updated vehicle'

Tech Insider : Business
Ford CEO Jim Farley speaks at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan.
Jim Farley said there's a reason he chose to test-drive a Xiaomi rather than a Tesla.

Bill Pugliano/Getty Images

Ford's CEO said Chinese carmakers entering the US would be 'devastating'

Tech Insider : Business
Ford CEO Jim Farley
Ford's CEO said

Bill Pugliano/Getty Images

EV bloodbath: US sales plunge as Tesla tightens its grip

Tech Insider : Business, Style
A front view of a Tesla Model Y with its doors open positioned in a futuristic tunnel-style seen displayed inside the Global Harbor store.
A Tesla Model Y

Sheldon Cooper/SOPA Images/LightRocket via Getty Images

I drove the new Lincoln Navigator Black Label. It's basically a rolling tech lab.

Tech Insider : Business, Economy, Technology
A Black Lincoln Navigator rests in a parking lot.
I test-drove the Lincoln Navigator, the flagship vehicle in Ford's lineup. It's equal parts tech playground and land yacht.

Ben Shimkus/Business Insider

Ford CEO says stick shifts aren't going away — and points to an unlikely fan: the Pope

Tech Insider : Business, Sports, Style
Jim Farley, wearing a blue Ford Racing polo and a VIP tag, walks outside during a crowded event.
Automakers are rejigging their stick shift lineups. Ford CEO Jim Farley told Business Insider he's committed to making manuals.

Zak Mauger/LAT Images

A secret Ford project turned out to be a new Chicago-themed car for the Pope. See inside the SUV.

Tech Insider : Business
A custom black Ford Explorer is parked in front of a light-wood wall.
Ford assembly line workers knew an Explorer SUV was going to a VIP. It's now at the Vatican.

Ford

How Ford is using a technique pioneered by Tesla to build its $30,000 electric truck

Tech Insider : Business, Technology
Ford electric truck engineers
Ford engineers work on the underbody shield of the company's upcoming $30,000 electric truck

Ford

Ford CEO says 'the customer has spoken' after its EV business lost nearly $5 billion last year

Tech Insider : Business
Jim Farley is speaking on stage in front of a blue wall. He is wearing a blue suit and a white shirt.
Jim Farley is guiding Ford onto an entirely new EV pathway. It comes after the automaker consistently lost billions on its all-electric cars.

Bill Pugliano/Getty Images

Plug-in hybrids were supposed to be Americans' bridge to EVs. Now they're fading from showrooms.

Tech Insider : Business, Economy, Travel
A light blue Dodge Hornet is parked on a street next to a guard rail.
Plug-in hybrids blend enough battery power to get a driver through the day and a gas engine for added range. Several US automakers are still cutting back on their PHEV options.

Dodge/Stellantis

Ford CEO shares photos teasing $30,000 EV pickup

Tech Insider : Business, Technology
Ford CEO Jim Farley (on the left of the picture) wearing a blue polo shirt. He is leaning on a silver railing.
Ford is re-jigging its EV manufacturing plan. CEO Jim Farley said the adjustment will help compete with upstart Chinese brands.

Paolo Pedicelli ATPImages/Getty Images

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