Ford CEO Jim Hackett says he respects Elon Musk, but isn't worried about competition from Tesla. 'He's competing with the ultimate disruptor in Henry Ford.'
At CNN Business' new live event series, The Table, we speak with transformative voices across industries about the ways in which technological disruption is changing their organization and the economy at large. Later this month, we'll sit down with Jennifer Bailey, the vice president of Apple Pay.
In the future, cars will be electric. They will drive themselves. People who use them might never own them, but share them instead. The auto industry is going through massive change -- and Tesla and its outspoken CEO, Elon Musk, are seen as the great disruptors. But as Ford CEO Jim Hackett pointed out during a recent interview for CNN Business' The Table with Poppy Harlow in Detroit, his company caused, arguably, the biggest industrial disruption of the entire 20th century. And he's not about to let anyone else take away that legacy.
Ford CEO: Autonomous vehicles will solve problems 03:06Tesla, on the other hand, has famously struggled to increase production at its Fremont, California, factory and, even as output has risen, quality issues remain. Despite being impressed by their practicality and performance, Consumer Reports doesn't recommend any Tesla products because of poor reliability.Of course, having been a disruptive force over a century ago doesn't mean much if the industry goes on changing without you.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Morgan Stanley upgrades Ford, saying the stock's recent dip is 'a buying opportunity'Morgan Stanley said it made a 'significant increase' in its estimates for Ford earnings over the next three years.
Baca lebih lajut »
Here are the biggest analyst calls of the day: Ford, Cigna, Northrop Grumman & moreHere are the biggest calls on Wall Street on Tuesday
Baca lebih lajut »
Stocks making the biggest moves midday: Take-Two Interactive, Shake Shack, Ford Motor & moreStocks making the biggest moves midday: Take-Two Interactive, Shake Shack, Ford
Baca lebih lajut »
Read UMG CEO Lucian Grainge's Memo on Vivendi's Talks With TencentThe future is bright for Universal Music Group and everyone connected with the music major. But right now, it’s business as usual.
Baca lebih lajut »
Former Paramount, Warner Bros. Exec Tom Lesinski Named CEO of National CineMediaFormer Paramount, Warner Bros. and Legendary Entertainment Exec. Tom Lesinski named CEO of National CineMedia
Baca lebih lajut »
Cloudflare CEO defends decision to drop website used by El Paso shooting suspect, calling it 'lawless'Since announcing the move to cut off 8chan, the U.S. cybersecurity company has faced criticism from some who say it is wrongfully policing the internet.
Baca lebih lajut »