Model E: Ford threatens Elon Musk...!?
As the international automobile market grows rapidly, all the leading companies are increasingly focusing on the production of electric cars. In competition with tesla, especially in the United States, the board and General Motors have decided to invest heavily and launch electric cars at budget prices. At this point, you must know the story of Elon Musk being intimidated by the board company.
Ford CompanyThe board, which plans to manufacture and trade electric cars to compete with tesla, has decided to split its total business into two. I.e. petrol, diesel car manufacturing, as a segment of the trade.
$ 50 billion investmentJim Barley, CEO of ford Motors, said the company has already announced plans to invest about $ 30 billion in electric vehicle production by 2025 and is currently investing $ 50 billion by 2026.
Ford Blue - ford Model eAnd Jim Barley, the CEO of ford Motors, currently has two divisions and two divisions. The ford Blue division, which manufactures cars with IC engines, is named after the ford Model e division that manufactures electric cars.
Elon Musk Elon Musk, the chairman of tesla, must not fall asleep when he hears the name Model E. Elon Musk wanted to introduce cars called SEXY for tesla cars. That is why tesla cars are named as Model S, Model X, Model Y.
CaseFollowing the release of this interview, the board called Elon Musk directly and threatened to take legal action against him if he used the name "We bought the trademark for the Model E". Elon Musk changed the name of the Model E to Model 3.