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Ford puts its money where its mouth is for EVs as ICE cars take a back seat
Ford is putting its money where its mouth is, pledging to spend more money on electric vehicles than the internal combustion engine cars that have fueled its 118-year history. Lisa Drake, Ford’s COO, said that in 2023, company spending would reflect its commitment to EVs, and the investment into electrification will officially surpass that of internal combustion engines.
“In 2023 … we’ll spend more on EVs than we will on ICE,” the COO said, speaking at an event hosted by Barclays. “We’ve been over the moon about the success of Mach-E, and the F-150 Lightning, by bringing in over 70% new customers to the Ford brand. What that allows us to do is, now we have an opportunity not only to lead on our ICE business, but also in the EV space with F-150. So our aspirations are high.”
Ford is committed to spending $30 billion on EVs by 2025, and the company has been the most committed in terms of electrification, undoubtedly. After the Mustang Mach-E began deliveries, Ford fans, and plenty of others, gave the company’s first EV a shot, and the reviews have been positive. With some small but expected bottlenecks with software, Ford is slowly but surely ironing out the issues within its first EV.
This is opening the door for the automaker to begin expanding its lineup of electric vehicles, starting with the all-electric F-150 Lightning, the EV version of the most popular pickup in the U.S. market. Ford also has plans to begin producing the E-Transit van in the future, offering sustainable options for its commercial selections.
CEO Jim Farley has been more than ecstatic with Ford customers accepting the company’s transition to EVs. “The demand for our first round of high-volume EVs clearly has exceeded our most optimistic projections,” he said. During the Q2 2021 Earnings Call, Farley said that Ford had amassed 120,000 reservations for the F-150 Lightning since being unveiled in May.
Ford, along with other legacy car companies that were invited to the White House last week to discuss electrification, expects its lineup to be 50% electric by 2030. Drake believes the government will have a major influence on the U.S. automotive market transitioning to electrification. “We’re going to rely a lot on some of the infrastructure policies and the administration’s aspiration to make this a bit more ubiquitous. We can’t do it alone,” Drake added, according to DetroitNews. “We’re very excited to see some of the bipartisan work that’s happening in Washington right now, because it’s going to be necessary to help us.”
The Bipartisan Infrastructure Bill that made its way to Senate last week should help automakers establish EV infrastructure, especially with charging points. The Bill has $7.5 billion set aside for the installation of EV chargers, especially in rural areas, according to the language used in the Bill.
What do you think? Let us know in the comments below, or be sure to email me at joey@teslarati.com or on Twitter @KlenderJoey.
News
Tesla Robotaxi test units spotted in new region ahead of launch
These validation units are used to gain additional data for Tesla’s internal use, or even potentially for regulatory purposes that the company can share with agencies that will eventually grant a license to operate Robotaxi in the state.
 
														Tesla Robotaxi test units are being spotted in various new regions ahead of their launch in new states. Tesla is aiming to launch in at least a few new states in the coming months as it is ramping up hiring for the Robotaxi program and aiming to expand its ride-hailing service.
Already active in Austin, Texas, and the California Bay Area, Tesla is looking to expand its Robotaxi operations to new states. It’s had its eyes set on Nevada, Florida, and Arizona, which have seemed to have the most movement of the three prospects over the past month or so.
That trend is continuing.
Earlier this month, we reported on two Robotaxi units spotted testing with LiDAR rigs for ground truth validation in Gilbert, Arizona. Noted Cybertruck owner and enthusiast Greggertruck spotted the two units traveling on a highway.
Now, those same two units, or at least they appear to be, were spotted in Scottsdale, which is also a suburb of Phoenix, like Gilbert is, with the same LiDAR rigs:
Real world AI coming to Scottdale! Tesla robotaxi spotted beginning testing! @SawyerMerritt @elonmusk @CuriousPejjy pic.twitter.com/D2eUmQsiao
— MpWraps (@MWraps30584) October 29, 2025
These validation units are used to gain additional data for Tesla’s internal use, or even potentially for regulatory purposes that the company can share with agencies that will eventually grant a license to operate Robotaxi in the state.
Tesla is not a company that utilizes LiDAR for its everyday self-driving efforts, as it has utilized only cameras for the past several years.
Tesla Vision, as the company calls it, is what CEO Elon Musk feels is needed to achieve a fully autonomous network of vehicles, which will eventually need zero supervision for passenger transportation.
LiDAR is utilized by other companies, like Waymo, but Tesla has maintained that it is not necessary for several years. Musk has called it a “crutch” for achieving the proper self-driving tech, and the company only uses it for an additional bit of data.
Tesla has been operating its Robotaxi service in Austin since late June, and it has expanded its service area in the city to nearly 300 square miles, with its most recent expansion occurring earlier this week.
Elon Musk
Tesla’s popular side business is going to get bigger, Elon Musk says
It took several years to get the Diner developed, built, and opened. On July 21, Tesla launched the Diner to the public at 4:20 p.m. local time (of course), after years of development. Musk first offered the idea of a drive-in Supercharger Diner back in December 2018.
 
														Tesla will open two new Diner locations in the United States after its first location in Los Angeles has been a raging success, as it is constantly packed and serving food for 24 hours a day, every day.
Tesla CEO Elon Musk said that the initial Diner location on Santa Monica Boulevard is “going well,” and based on reviews and its constant out-the-door lines, it is safe to say it has been a major outlet of interest for people in the area.
It features two massive movie screens, a menu that is locally sourced and has been created by a world-class chef, and Supercharging for EVs. It truly is the perfect stop for those who are hungry, need entertainment, or need a quick charge.

Credit: Tesla
So far, Tesla has not released too many details on the success of the restaurant, but it did state in a graphic for its Q3 Supercharging stats that it sold roughly 50,000 burgers at the Diner in Q3, roughly 715 each day. Burgers are not the only thing on the menu, either.
With how well it has gone, Musk is now considering the possibility of new locations that are notable to Tesla, including Austin and Palo Alto.
On Friday, Musk revealed he believes it “probably makes sense to open one” near Gigafactory Texas and Engineering HQ in Palo Alto:”
The futuristic Tesla Diner is going well. Probably makes sense to open one near our Giga Texas HQ in Austin and engineering HQ in Palo Alto. 😋 https://t.co/l0DUtR8CFg
— Elon Musk (@elonmusk) October 31, 2025
It took several years to get the Diner developed, built, and opened. On July 21, Tesla launched the Diner to the public at 4:20 p.m. local time (of course), after years of development. Musk first offered the idea of a drive-in Supercharger Diner back in December 2018.
By 2023, Tesla had secured building permits and broken ground on the site in September of that year.
Since its launch, it has been a popular hotspot for Tesla fans and others to visit, although it has attracted unwanted attention from protestors as well.
Cringey protestors are outside the Tesla Diner in Los Angeles singing “Elon Musk has got to go”
These people are absolutely nuts pic.twitter.com/LZ0U6rpMIn
— TESLARATI (@Teslarati) October 27, 2025
They look hungry. If they walked inside and ordered some food, maybe they’d stop yelling into microphones and threatening Musk.
Elon Musk
Elon Musk’s AI empire grows as xAI leases Palo Alto space near Tesla
The expanding footprint of Elon Musk’s companies in Palo Alto bodes well for the CEO’s plans in the area.
 
														Elon Musk’s artificial intelligence startup, xAI, is expanding its Silicon Valley footprint, leasing roughly 105,000 square feet of office space at Palo Alto’s Page Mill Center, just blocks away from Tesla’s engineering complex.
Musk’s deepening Silicon Valley footprint
People familiar with the matter have informed the San Francisco Business Times that xAI’s lease at Page Mill Center may already have been finalized, adding to the company’s existing headquarters at 1450 Page Mill Road. The two offices share a parking lot, reflecting Musk’s strategy of consolidating his ventures. Tesla’s engineering hub is also just a few blocks away.
The new offices form a growing cluster of Musk-led companies in the heart of the Valley and come as xAI has listed over 250 job openings. These include listings for engineers, designers, and technical staff, among others.
xAI’s aggressive hiring push hints at rapid scaling, which makes quite a lot of sense considering the company’s ambitious projects. xAI oversees the large language model Grok and other AI initiatives such as the newly launched Grokipedia, and the startup has also acquired the social media platform X. Real estate owner Hudson Pacific Properties, the owners of Page Mill Center, have so far declined to comment.
AI demand and Silicon Valley’s office rebound
Silicon Valley’s office market, long subdued by remote work trends, is seeing renewed activity from AI firms. Hudson Pacific told investors this summer that tenant demand has reached a three-year high, with over half of new leases driven by artificial intelligence companies. Vacancy rates have now fallen for four straight quarters to 16.6% as well, CBRE reported.
The expanding footprint of Elon Musk’s companies in Palo Alto bodes well for the CEO’s plans in the area. Musk, after all, has previously butted heads with officials, resulting in his two biggest ventures, electric vehicle maker Tesla and private space company SpaceX, officially relocating their headquarters to Texas.
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