Has FORD's CEO lost his mind?

Legacy automotive companies are having a really hard time keeping up with the tsunami of technological innovation and costs savings coming from China's electric vehicle industry. FORD is no exception. It's current offerings are still essentially based on an internal combustion engine framework. That makes them expensive and uncompetitive. So, CEO Jim Farley has just thrown the century old Ford production philosophy in the trash and told his engineers to start with a clean sheet of paper. A stroke of genius or a final desperate act of madness? Help support this channel's independence at http://www.patreon.com/justhaveathink Find out how Dave makes his videos here https://www.patreon.com/posts/how-i-make-my-135563768?utm_medium=clipboard_copy&utm_source=copyLink&utm_campaign=postshare_creator&utm_content=join_link Or with a donation via Paypal by clicking here https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=GWR73EHXGJMAE&source=url You can also help keep my brain ticking over during the long hours of research and editing via the nice folks at BuyMeACoffee.com https://www.buymeacoffee.com/justhaveathink Video Transcripts available at our website http://www.justhaveathink.com Reference Links: Watch Matt Ferrell's excellent expose of the Trump OBBBA debacle here https://www.youtube.com/watch?v=2tNp2vsxEzk Barron's commentary on the Ford transition https://www.barrons.com/articles/ford-cheap-evs-tesla-2a01cb2d? Jim Farley on Rare Earth availability https://www.cbsnews.com/news/ford-ceo-china-rare-earth-shortage-car-production/ Jim Farley on Trump's tariffs https://www.independent.co.uk/news/world/americas/us-politics/trump-tariffs-us-auto-industry-b2698003.html 'Polyanna' commentary from Jake Groves at Car Magazine https://www.carmagazine.co.uk/features/opinion/jake-groves/ford-universal-ev-platform/ Check out other YouTube Climate Communicators zentouro: https://www.youtube.com/user/zentouro Climate Adam: https://www.youtube.com/user/ClimateAdam Kurtis Baute: https://www.youtube.com/user/ScopeofScience Levi Hildebrand: https://www.youtube.com/user/The100LH Simon Clark: https://www.youtube.com/user/SimonOxfPhys Sarah Karvner: https://www.youtube.com/channel/UCRwMkTu8sCwOOD6_7QYrZnw ClimateTown: https://www.youtube.com/channel/UCuVLG9pThvBABcYCm7pkNkA Jack Harries: https://www.youtube.com/user/JacksGap Beckisphere: https://www.youtube.com/channel/UCT39HQq5eDKonaUV8ujiBCQ Our Changing Climate : https://www.youtube.com/channel/UCNXvxXpDJXp-mZu3pFMzYHQ