Tesla’s battery strategy has “no advantage,” Ford CEO says

Tesla’s battery strategy will not be adopted by legacy automotive company Ford, because Jim Hackett, the company’s CEO, says there is “no advantage” in migrating capital into owning a cell manufacturing facility. During Ford’s Q2 2020 Earnings Call in late July, Morgan Stanley’s Adam Jonas asked about the company’s strategy to produce EV batteries in-house, … Continue reading Tesla’s battery strategy has “no advantage,” Ford CEO says