Ford Bets Big on Electric Future Inspired by Tesla

Ford's Electric Gambit

Alright alright settle down you bunch of Lois's. Peter Griffin here reporting live from... well my recliner. Turns out Ford yeah the car company is betting a whopping $5 billion on electric cars. Five billion clams. That's like a lifetime supply of chicken wings and those weird pills Dr. Hartman keeps trying to sell me. They're apparently taking a page from Tesla's playbook. Smart move because let's be honest Elon Musk might be a bit nutty but he knows his electric doodads.

Tesla's Spark of Genius

So what's the big deal? This "48 volt electrical architecture," apparently. Sounds complicated like when Stewie tries to explain his diabolical plans. But basically it's supposed to make the cars work better and weigh less. Which means maybe just maybe I could fit another case of Pawtucket Patriot Ale in the trunk of my future electric car. And speaking of electric cars I've been wondering about investing myself. Is now a good time? Perhaps I should check out Oil Prices Surge: Is This My Chance to Invest Like Mike

Beating the Competition

Ford's CEO Jim Farley is talking tough. He says they're "taking the fight" to China and everyone else. Good for him. I like a good fight. Remember that time I fought the giant chicken? Good times. Anyway Farley is calling this Ford's "Model T moment," which I think means he wants to sell a bunch of cars. And sell them for less than those fancy electric cars are costing to produce.

Cost Cutting Strategies

Turns out those batteries are expensive like trying to buy a solid gold toilet for Quagmire. Ford's trying to cut costs by using less parts and building the cars faster. They're even using something called "gigacastings." It sounds like a monster truck rally but it's actually just making big chunks of the car all at once. They even say their aluminum castings are lighter than Tesla's.

A Reality Check

Now I know what you're thinking. Electric cars are great right? Save the planet and all that jazz. But sales have been slowing down like my metabolism after Thanksgiving dinner. Ford had to write down a bunch of money because of it. But they're still pushing ahead hoping people will actually want to buy these things. And they are hoping to achieve comparable costs to gas powered cars

The Future Is Electric (Maybe)

So there you have it. Ford's betting big on electric cars hoping to give Tesla a run for its money. Will it work? Who knows. Maybe I should invest in an electric car company. Or maybe I should just stick to beer and chicken wings. Giggity.