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Jim Farley is Ford’s CEO.
And in a new interview with CNBC, he dissed the Cybertruck saying:
“The reality is, America loves an underdog — and we are the market leader for EV trucks and vans, and we know those customers better than anyone. And if [Elon Musk] wants to design a Cybertruck for Silicon Valley people, fine.
It’s like a cool high-end product parked in front of a hotel. But I don’t make trucks like that. I make trucks for real people who do real work, and that’s a different kind of truck.”
The harsh words come right after Ford became the first automaker to adopt Tesla’s EV connector (known as NACS).
And it reminds me of how dismissive automakers were with Tesla 10 years ago.
That’s when I first bought Tesla at $7.60 a share.
And at the time, automakers and news articles were quite negative on Tesla.
MarketWatch wrote “Why You Shouldn’t Invest in Tesla Stock” back in 2012.
Business Insider wrote, “The Tesla Nightmare Shows Why Today’s All-Electric Cars Are Basically Dead on Arrival.”
Yet the stock has soared to dizzying heights since then.
And after MANY YEARS, automakers like Ford are now doing EVEYRYTHING they can to catch up in the EV race.
They can say whatever they want about Tesla and the Cybertruck…
But the truth is that the latter already has 1.5 million reservations…
And that Tesla is the undisputed king in the EV race.
The world of cars is moving to a NEW direction.
This direction started when Elon Musk published his first Master Plan in 2006.
Where managed to do almost everything he said he would do.
Ditto with Master Plan 2.
Just $2,500 invested when Master Plan 2 was released would be worth $46,650.
And $2,500 invested when Master Plan 1 was released would’ve multiplied to a whopping $602,941.
That’s why Elon Musk’s Master Plan 3.0 is offering investors an INCREDIBLE profit opportunity again – but the profit play is totally different this time.
See, as opposed to Master Plan 1 & 2 where the profit play was to invest in Tesla stock and that’s it…
This time, there’s a small group of undiscovered stocks that could surge dramatically BECAUSE of Musk’s new Master Plan.
And the reason is simple.
Elon Musk revealed that he’s leading a $10 TRILLION effort to eliminate fossil fuels and convert the world to sustainable energy.
To do so…
One of the things he aims to do is produce 20 million EVs per year.
This requires a lot of batteries.
Which is why Tesla is rushing to lock-up critical supplies of batteries – and inking raw-material deals with several little-known stocks.