Part 8/9:
Farley's remarks reveal a deep concern about the fate of legacy automakers. The urgency to innovate and adapt has never been more pressing, as the risk of being outpaced by Chinese competitors becomes all too real. He suggested that, unless Ford and similar companies can effectively overhaul their strategies and production capacities for electric vehicles, they may find themselves on a trajectory resembling that of once-great tech firms like Kodak and Blackberry.