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Ford is not giving up on EVs — and has Elon Musk's 'affordable Tesla' in its sights

Ford will spend more on mass-market EVs, its CEO said Tuesday."The ultimate competition is going to be the affordable Tesla," Jim Farley told analysts.Elon Musk's company plans to launch its own cheaper EV, dubbed the "Model 2." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up” ...