Ford's CEO said he chose to test-drive a Xiaomi and not a Tesla because the latter doesn't have an 'updated vehicle'

Source: Business Insider

Jim Farley said there's a reason he chose to test-drive a Xiaomi rather than a Tesla. Bill Pugliano/Getty ImagesFord CEO Jim Farley says there's a reason why he picked a Chinese EV to drive instead of a Tesla. He said Tesla, unlike Chinese companies like BYD or Xiaomi, did not have an "updated vehicle.