Ford’s CEO says Tesla doesn’t have an ‘updated vehicle,’ and now he’s pivoting to catch up with his real competitor: China’s BYD
- Posted on April 20, 2026
- By Fortune
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- 1 min read
Ford’s CEO says Tesla doesn’t have an ‘updated vehicle,’ and now he’s pivoting to catch up with his real competitor: China’s BYD

Ford CEO Jim Farley drove a Chinese EV for six months and liked it so much he didn't want to give it back—now he's overhauling Ford to compete.