Ford CEO Questions Tesla’s Approach to Autonomy, Challenges Valuation
Ford Motor Co CEO Jim Farley recently spoke at the Aspen Ideas Festival, where he questioned Tesla Inc’s approach to autonomy and challenged the logic behind betting on it. Farley expressed that Alphabet Inc’s Waymo’s lidar-based system makes more sense than Tesla’s camera-only model, citing consumer trust and safety. In his speech, Farley highlighted the importance of safety in autonomous driving, stating that lidar is a safety non-negotiable. He also revealed that Ford gave up chasing Level[…]