Ford CEO on EVs, Detroit and texting Elon Musk

After 120 years we've seen a lot of competition’ says Ford CEO Jim Farley to Yahoo Finance Executive Editor Brian Sozzi in the grand hall of the newly refurbished Michigan Central Station. The historic building is in many ways the crown jewel of the automaker’s new 1 billion dollar Detroit-based campus. Ford’s 30-acre innovation district, centered around the station, will serve as a base to develop its autonomous and electric vehicle businesses. The development serves as something of an emblem for Ford’s future ambitions; much of that, today, takes the form of the push into the EV space.’ It was Bill ford's vision to make the commitment to revitalize this building’ says Farley. In a wide ranging interview they touched everything from demand, the upcoming Presidential election... and whether or not Elon Musk texts him back. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at [e-mail]. 00:35-Meet Ford CEO Jim Farley 01:08-Ford's revitalization work on Michigan Central Station in Detroit 04:40-Building cars in the next 5-10 years with talented people in Detroit 07:15-Privacy dangers and laws around electric vehicles and AI 09:43-The politicization of EVs and making the cars affordable 15:00-China's lead in global EV car production 17:44-What does the upcoming contentious election cycle look like for Ford and auto-makers? 21:48-Ford and Tesla: friends or foes? Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Learn more about your ad choices. Visit megaphone.fm/adchoices