Elon Musk trolls General Motors & Chrysler on Twitter. Ford CEO’s Savage Response!

  • AUTHOR: admin
  • POSTED ON: March 6, 2021

To
put someone in their place, the quantity of words is unimportant. Sometimes,
you just need one word to convey your thought and make an impact.


This
is exactly what Ford CEO, Jim Farley did when he responded to Tesla CEO,Elon
Musk.


As
evident from his social media presence, Elon Musk often suffers from verbal
diarrhea. His recent tweet was just a testament of that. 
Basically, he tweeted
that Tesla and Ford are the only American carmakers that have not YET gone
bankrupt. Of course, he could’ve stopped there, but he continued and made the
comparison with the 1000s of other car startups and prototypes. Anyway, he said
that production is hard and that being cash flow positive is essential.


He
soon got an approval from the Farley, who quoted him saying Respect. This was
kind of exciting for the fans, as they started leaving juicy comments
underneath the tweet along with liking and retweeting it.


Look,
we see how great Musk is and how much he has accomplished – it’s truly
commendable. However, does that mean that he can make a sly comment on others?
What Elon did is that he quietly acknowledged the bankruptcies of General
Motors and Chrysler, which is now part of the Stellantis. We all know how it’s
been a matter of great pride for companies to have stayed afloat during the
great recession.


Elon
Musk is a famous personality with over 48 million followers on Twitter. Jim
Farley, on the other hand, has 27,200. He is actually preceding Hackett, who
had retired from Steelcase office furniture. He also had zero social media
presence during his three-year tenure.


Melissa
Bradley soon made a quick remark and said that typical business communication
etiquettes have now been reduced to 140 characters. She pointed ou thow social
media has become the epicenter of political and business commentary. She
believes that it’s better to be civil and demonstrate through practice that
business can be competitive while staying respectful.


Musk
is a self-made billionaire. He’s a 49 year old man who grew up in South Africa
and now launches rockets and plans to colonize Mars. Farley, on the other hand,
is a race car-driving son whose grandfather had worked in a Ford factory.


The
two moguls have been in the spotlight as the all-electric 2021 Ford Mustang
Mach-E has started stealing customers from Musk – pointed out by Adam Jonas at
Morgan Stanley.


Tesla
was originally founded in 2003 and has dominated the electric-car industry ever
since. It has especially earned success through its Model S, Model 3, Model X
and Model Y. Apparently, the recent line is sexy. Well, it’s evident from the
499,550 vehicles that it has managed to deliver in such a small time.


In
Feb, Ford has sold 3,739 Mach-E SUVs in the first month of sales itself. This
obviously got the attention of Wall Street. Anyway, Ford has gotten over 3,977
sales in the first two months of 2021 only. This must have hurt.


When
news got out, Jonas came out with his analysis to Morgan Stanley investors and
claimed that Mustang Mach-E stole major sales from Tesla.


He
said: “Tesla’s share of the BEV
(battery electric vehicle) market declined significantly to 69% vs. 81% in the
prior year. The Ford Mustang Mach-E accounted for nearly 100% of the share
loss.”


Michelle
Krebs, who is an executive analyst for Autotrader.com has said that Musk has
Ford on his mind. It seems like Ford is cutting their market and stealing
profits efficiently.


He
said that Mach-E is stealing the interest of Tesla customers, and it must be
acknowledged that Tesla is soon going to lose its market share. In the month of
February, Ford was Tesla’s biggest rival.


He
further explained the situation. He asked people to review the sales number of
Ford. He said that if they continue to pace up at that rate, they would soon
become the bestselling non-Tesla electric vehicle—at least in this quarter. He
added that Chevy Bolt has always been that competitor. However, it’s better for
the numbers to unroll before we jump to the conclusion and announce results.


Whatever
happens, we all know that Elon Musk is gearing up for a bigger bounce. He is
surely planning something, otherwise he wouldn’t have tweeted that.


What
do you think about the entire situation? Do you think that Ford can take
Tesla’s place and become the number one car seller? It’s yet to be determined, but the early numbers have given us a hint.


Anyway,
do like our page on Facebook to stay informed on the latest developments in
technology, we sure love the Audi and BMW.


And do tell us your thoughts on
Ford CEO’s savage response! Also, do you follow General Motors & Chrysler
on Twitter?
                                                                                                                                                                     

Updated March 6, 2021
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