Armchair Expert with Dax Shepard - Jim Farley (CEO of Ford)
Episode Date: August 31, 2023Jim Farley is the CEO of Ford. Jim joins the Armchair Expert to discuss what growing up in Argentina was like, how much he loved watching car races as a kid, and the time his dad sold the car he gifte...d him. Jim and Dax talk about their shared car nightmare, the stereotypes of being a car guy, and how to achieve positive car karma. Jim explains the hurdles of reengineering cars for electric, how Ford joining the Red Bull Formula 1 team came to be, and the generational differences in car culture. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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Welcome, welcome, welcome to Armchair Expert,
Experts on Expert.
I'm Mike Douglas and I'm joined by Katherine Hepburn.
Do you do a Katherine Hepburn?
Yeah, it's the one I do.
No, I don't.
But I was Audrey Hepburn for Halloween once.
You were?
Did you work on any voice, vocal training?
Or you just look like her?
You didn't attempt to sound like her?
It's one of those weird things when you're a minority.
Yeah.
You were kind of going in white face.
Is that what you're saying?
I didn't.
And you always feel so obviously not the person because you're a different color.
It's hard to get over.
Although the cast of Hamilton, they did not let that stand in their way.
They own those roles.
Everyone's doing it, though.
And when you stand out as a brown Audrey Hepburn.
Would it help if I went?
No.
Hold on.
You haven't heard my pitch.
I know, but I'm scared.
So if we could think of a famous movie where there was a white woman starring opposite either Indian person.
Okay, great.
Okay.
I will go as the Indian, and you will go as the white person.
And then you'll have a comrade.
But I won't go in brownface, of course, because that would end both of our careers.
Oh, I see.
Okay, so you're just going to, I see.
I'll be a companion.
I'll be playing the wrong race, and you'll be playing the wrong race.
Okay, that would help.
Okay.
How many?
There's so many. Not really. So many to choose from like what no i know probably go black to be honest it'd be
a white woman and a black lead male would be most easy for us to pull from we're so off track listen
this one's really fun for me yes i'm gonna go out on a limb and say it's it's gonna file into
the category of delane norton's and a couple and say it's going to file into the category of the Lane Nortons.
And a couple of these people I've had in where you kind of thought, well, this is going to be boring.
A hundred percent.
A hundred P.
When I see on the list, well, by the way, because this came to us a little bit back door.
Uh-huh.
Because you have a personal relationship with this person.
So it wasn't like he was pitched in the same way.
You were just like, hey, we're going to have this person on.
P.S. Jim's stopping by. Yeah. And we're going to interview him. Yeah. Because he's on this crazy road trip in the same way. You were just like, hey, we're going to have this person on. P.S. Jim's stopping by.
Yeah.
And we're going to interview him.
Yeah.
Because he's on this crazy road trip in a Ford Lightning.
Jim, the Ford guy.
Ford CEO.
Yeah.
And I love him.
I'm so glad that that was the result.
And I'm not shocked because he's such a sweet, wonderful guy.
Yeah, yeah.
But you kind of thought, oh, cars, here we go.
Yeah.
Vroom, vroom, vroom. Pistons, cylinders, timing chains. Yeah's awesome. Yeah, yeah. But you kind of thought, oh, cars, here we go. Yeah. Vroom, vroom, vroom.
Pistons, cylinders, timing chains, who cares?
Yeah, and we talk about it.
We talk about the stereotype in this episode.
Yeah, and he's very, I feel like,
especially for a big three CEO,
he has his ear to the street everywhere.
He knows what people think.
He knows what hurdles there are.
Yeah.
He's an incredible dude.
So Jim Farley, and yes,
this is such a fun tidbit. He is Chris Farley's cousin and has some incredible Chris Farley
stories as you might expect. At any rate, as I remind you, he is the CEO of Ford and a board
member of Harley Davidson. This dude is such an authentic car guy. What he left and went and did
was announce the new Mustang GTD that's going to have a 800 horsepower, a transaxle, so 50-50 balance.
This thing's going to be a track weapon.
This is what I was afraid of.
And he has since challenged all other CEOs to race him in any of their best cars on the track.
Open challenge to all other auto manufacturer CEOs.
It's hysterical and adorable.
Okay, we love Jim.
Please enjoy Jim Farley.
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Monica, do you see the resemblance?
Stare at Jim.
I don't think she knows. So just stare at Jim for a second.
Do you see a resemblance with anyone?
I'll give you a hint.
I'm scared.
Fat guy in a little coat.
Okay, well, I mean, I know the last name.
Yes.
Really?
But it's so uncanny right now. I know the last name. Yes. Really?
But it's so uncanny right now.
I would never have made that assumption, but wow.
Now they, I've said that though.
Look for it.
It's very much there.
But what's the exact?
They're cousins.
First cousins.
Yeah.
Our fathers were brothers.
And were you guys close?
Chris was much younger than me.
And I was the only Farley that lived on the West Coast.
I went to UCLA graduate school, and I worked at Toyota.
Like four of us founded Lexus.
My wife was an actress.
Every time he'd film out here, he'd stay with me.
And then I got to a point where I hired his high school friends because I couldn't trust the Hollywood people.
Nothing against it, but they were like, just give him stuff. Yeah.
And he would take the stuff. Yeah. Were the high school friends any help? It was amazing. They totally turned him
around. It took two years. It was expensive, but it saved his life for a while. And then I got
transferred to head Toyota of Europe, which was my big break in the car business. I mean, I was no
one. I was going to Leno and I worked in a car restoration shop in Santa Monica to put myself through graduate school. So I loved cars, but I
wasn't an executive or anything like that. Then I moved away and I got a huge break to start Toyota
of Europe, moved to Belgium and I married my wife and we've been dating for like 20 years. So it was
a big deal. And he died like two months later.
No one there, and I'm so mad because I know he would be so great with my kids.
Yeah.
Anyways, it's really nice to be back here getting stuck in traffic because I can remember that.
Yeah.
Oh, my gosh.
Weirdly, you're born, I imagine, and brought home from the hospital in Buenos Aires?
Yes.
Your dad, although brother brothers with Chris's dad.
Yeah. He was born in Chicago and grew up in Madison, Wisconsin. Then my dad was very typical
of World War II. He went to college on the GI Bill and learned how to speak Spanish. And he got a
really good job with this First National City Bank. It's now City Bank. They said, we'd like
to start up overseas operations in Argentina. Yeah. And he was like 30 years old. And he's like, okay.
You weren't born yet.
No, he lived there for 20 years.
Oh my goodness.
All my family was born there. So he's a Wisconsin kid. First time I went to America,
I went to a Packers game. I was eight years old and we flew up to Chicago,
the Packers game, and then flew back to Buenos Aires.
No. That was your first trip. So I imagine you have dual citizenship.
That was your first trip.
So I imagine you have dual citizenship. We decided not to do that because in Argentina, like a lot of countries like Israel, there's mandatory military service.
And if I had dual citizenship, and I got called up during the Falcon Wars and I didn't serve.
So I couldn't go back until I became like an executive vice president at Ford.
The lawyers made it all go away.
They waived their watch. They waved their wands.
How old were you?
Eight.
We went to Montreal, which was a total culture shock from Argentina.
Yeah.
It's like elbows, really dirty hockey.
And I was like, whoa.
We moved to Connecticut then after that.
But both those cities, legendary world cities.
Yes.
Montreal is supposed to be the sexiest city in Canada.
It's so cool.
Yeah, everyone loves it.
And then Buenos Aires is incredible, right?
It is, yes.
So these are incredible places to have stopped down for a while.
I was lucky.
I just got exposed to those things.
And then we moved to Connecticut and I went to high school in Rhode Island
and then college at Georgetown in D.C.
and worked on the Hill and then got a job at IBM, which I did not like.
And then I wanted to get on the West Coast so bad. Obviously you speak Spanish. Swear words and
Argentina was a really different place. It is in the seventies. No sixties. I remember going to
school on a donkey cart. I remember going to Las Pampas. I had my mate cup and they don't throw
lassoos. They tripped the animal up on their legs.
It's a cowboy place actually.
And all they eat is beef.
Like you go to Asado, like a barbecue there.
And it's like just a whole animal.
And they're like, you want some liver or heart?
Or would you like some?
It's all a card on the organs.
Yes.
No vegetables.
Okay.
They love their beef there.
I've heard that.
I hear it's like the best beef
in the world is totally natural i had a pretty odd upbringing and what were you aspiring to be
as a kid what did you fantasize about being not the ceo of ford no well i got my schwinn stingray
that was like the big moment like i I got independence. Freedom. And then in our
town in Connecticut was the Ferrari distributorship of the United States, Luigi Canetti. And I used to
get my money on the weekend from delivering the paper. And then I would go downtown, buy candy,
and then I'd go for the mechanics. And on Saturday, I would sit there with all the mechanics
in the garage below the showroom, and they would show me all the racing Ferraris from around the world and the show cars.
So I think I wanted to be a mechanic, maybe.
Yeah, yeah, okay.
Like, I just wanted to work on cars.
My dad was a banker, and I'd watch NASCAR, and he'd be like, turn that crap off.
My son isn't watching NASCAR.
But it was like the only racing you could
find you know i collect a road and track and i wanted to be around cars that's what i care about
you know i really relate you interviewed me on your podcast drive yes thank you oh it was so fun
yeah we both share that i used to go there was an engineer in my neighborhood he worked in the
corvette group and so he had all the competitor vehicles in their fleet.
So I would go hang out in front of this guy's driveway
and there'd be like Lotus Esprits, Ferrari 308s,
Lamborghini Countach.
In his garage, he had two 250 GP bikes.
He raced motorcycles.
A year or two after me staring at this guy's garage,
my mom says, I want to take you to dinner
at a guy's house I'm dating.
I met him at work.
We drive over to that house.
No way.
I'm like, get the fuck out of here.
That's crazy.
She marries that dude.
I won't say that that was a blast.
It was more fun to look at the shit from outside,
but I got to ride in the Lamborghini Countach.
I got to ride in an 84.
What year would that have been?
In 82.
What year would the Countach?
1984.
That was crazy.
5,000 S, yeah.
The Corvette was coming out in 84,
but in 83, we got a ride.
He brought one home from work
in the dashboard with the digital.
I was like, this is the future.
We're here.
Making 225 horsepower
or whatever that thing made.
That's amazing.
You're like ground zero
for the car business.
Yeah.
So at that time,
we were in Highland, but then I lived in Milford and my mom worked at the proving grounds. And yeah,
so my whole life, my dad sold cars. So you and I relate deeply on this and I'll say,
I'm going to jump right to it, but we're going to go back to your journey to CEO.
But that's part of my deep heartbreak is all I've wanted since I was a kid were race motorcycles and exotic cars.
I have only built this career so that I could buy those things. I mean, that's the only reason I
did this. And now I'm here and there's global warming. And now I feel terrible about having
a car that gets sick. And I'm like, no, that's not how this works. Well, there's a solution to all that.
And that is you have to race.
Because no one gets mad at you for racing on a racetrack.
And you can enjoy all the same stuff.
I did race in the Super Trofeo Series.
Oh, you did?
Yeah, yeah, yeah.
I mean, there you go.
I'm on the track with the motorcycles nonstop. You're not allowed to do that anymore.
Oh.
Why?
Because you got injured too many times.
That was on the motorcycle and there's only one time
after 15 years of track days i had one accident well and then on your bike that was coming to
this job should i not do this job yeah you have to quit everything i saw your cars on the driveway
you're hardcore that raptor r you're not like okay it's okay from ford but i want to do a bunch of
other stuff to it well let me first thank you publicly.
So I have to tell everyone.
So I did your podcast and you're lovely.
And then we started an email correspondence, which I cherished.
And then I immediately abused this friendship and asked you, would it be possible to get on the list for the Raptor R?
Oh, you're the reason for that.
I exploited this new friendship and I think I owned it. This is maybe
not cool. I wish I could exploit it, but
I don't think I can drive a car like that.
You love cars. What are you driving? A Mercedes.
Well, not just a Mercedes.
The AMG
43.
C43. Nice.
Well, it was a gift from him.
Wow. See?
You know, I totally relate.
My dad's 70th birthday.
Not a car person at all.
Dad, I bought you a 1953 Woody Buick station wagon.
And he's like, oh, my God, that's so amazing.
That's great.
And then he sold it a year later.
Oh, no.
Like at Bear Jackson.
I'm watching the TV, and I'm like, oh my God.
I call my dad and go, dad, there's a
car just like yours.
It's the same color. He goes, yeah,
I know. I sold that damn thing.
I was like, you mean you sold it
at an auction? I gave it to you
for your 70th birthday. He goes, I know.
It was just difficult. I was like,
but it was a gift from your son.
A loving gift. He's like, yeah, I know. I sold it. Oh my God, that's was a gift from your son, a loving gift.
He's like,
yeah, I know I sold it.
Oh my God,
that's amazing.
Because as car people,
we want to indulge even gift giving
is a chance
to show what we like.
What happened was,
and I need you to know,
she owns the house
across the street from ours.
Okay, so during this period,
I end up driving
her late modeled Prius
home from someplace.
And I'm at a stoplight
and it's so noisy inside this car.
And I'm like, what the fuck is she doing in this car?
It's a great car.
She's just in it because she doesn't know.
Right.
And so that year for a bonus for the show,
Christmas time, I got her that car.
Makes perfect sense.
And it did work though, right?
You did immediately go like, okay, I get it.
This is an entirely different experience.
But it did take me three days to even drive it home
because I was afraid to drive it.
You were scared to mess it up.
And I should have because now today,
currently it's in the shop
because I've broken the front of it.
But that's three years later.
You ripped the front off pulling out of her parking spot.
That's no big deal.
That bumper is going to slide right back on.
That's no whoop.
I don't deserve it.
But what you want to give people
really is the thrill
and excitement and passion
that you experience,
which is probably a fool's errand.
You're not going to be able
to get people to buy in
the same way you and I do.
But that's what you want
for the people.
You want your dad to walk out there
and go like,
look at this thing.
Boy, it's Times Castle.
He must have scoured
the entire internet yeah yeah exactly now did he take a bath on it when it got auctioned no he made
money okay we can justify a lot of crazy stuff if we make money when we flip the car yes my problem
is i don't ever sell anything you don't no do you sell a lot of stuff i have a rule the rule is if
you don't drive it in six months you have to sell it oh irregardless now
i don't want to have like 20 cars because i've gotten up to stuff like that i found myself
violating the basics of our marriage when i would come home my wife's like what's that
i was like i'm holding it for a friend i would come up with all these like kind of white lies
and at first she was like expecting me to be honest. So she's like, oh, which friend?
I'm like, um.
This is a Dax.
We always say Dax.
Then I was like, no, this is not going to work.
And then I've owned so many cars I've always wanted
that I got down to the cars I really love.
I really can't sell any of the ones I have.
Okay.
Now let me ask you this.
I've asked a few different car collectors this question.
Do you have nightmares where in your dream you're like, I know I have an 86 Mustang somewhere.
Where the fuck is that car? I thought I parked these in this lot. I'm regularly having these
nightmares where I've misplaced some cars I bought and I'm so ashamed. Where are these things?
Do you ever have those dreams? Yes. That is is the weirdest thing i've never gotten that question
before i have this dream that i own a broken down garage somewhere i don't know where it is
and i actually put cars there several years ago yep i have a dream like oh my god look at that
corvair monza that's really cool i gotta go and then i wake up and i'm like do i own those jim
it's the same dream.
That is so weird. The garage is the same in my dream, too.
I've bought a home specifically just because the garage was so enormous.
And I can't remember where the home is.
And then every time I go there, I'm like, when are we redoing this?
Where are the cars?
I know I've bought so many cars.
That is crazy.
You just said that.
I've never talked to another human being on the planet that had that experience
start asking your friends who cars if they have is it a guilt dream well i think it's i feel the
stress of owning too many cars like you walk through my driveway and i'm humiliated like the
lincoln's dirty the battery's dead the road master needs a piece of panel you know like i can tell
you everything that these cars need so i have this kind of baseline anxiety that I'm not maintaining
or keeping up with the shit I already own. Not even getting into the fact of how often am I
driving it. That's a whole separate thing. And then you occasionally think about your insurance
bill. That's not a great place to spend time. So I think just it comes out in your sleep.
I'm being so reckless about this. I probably have a bunch of cars I don't even remember where I put
them. Maybe when people do really good car things,
like I had a Myers-Manks that I got perfect. And then a friend of mine found this four and a half
liter Bentley I've been looking for for a long time. So I gave him the Manxt. Because that's
car karma. You want it to be positive, right? Like what Dax did for you. That's positive car karma.
And then somehow it came back when you put me on the list for the Ford Raptor and I got
it way sooner than I really was entitled to do.
Sorry, I have to show you one thing because you just said it.
This is three weeks ago.
Oh, this is the really nice one.
Wow.
That thing's super nice.
So my friend, Tom Hanson, he's 74 years old.
He's my idol and I'm with him all the time.
That's his car.
And he's one of the guys I asked if he has the dreams.
Is it a four seat car?
It's like I have a rear seat? We got one riding illegal back there. So why is your child in the back. That's his car. And he's one of the guys I asked if he has the dreams. Is it a four-seat car? It's like I have a rear seat?
No, we got one right in the legal back.
So why is your child in the back?
That's none of your business.
And I don't need another headline about,
I don't wash my kids.
They drink non-alcoholic.
It's not moving, by the way.
The car's not moving.
No.
Isn't that great?
You just brought up the Manx.
They're so cool, aren't they?
Mine was like blue metal flakes.
So the same as my Schwinn.
Once I was in Carmel with the kids,
they were like your daughter's age. And Leah and she said what'd you do today I said oh I took the Manx down to big
sir and she's like with my children I was like yeah because we had three kids I was like yeah
yeah they fit in the back fine no seatbelt Jim I was like I, but it doesn't go that fast. It's got a roll bar that you hang on. No roll bar.
It was really bad.
I got shamed. Yeah, yeah.
There's this incredible
meme on the internet I keep seeing.
It's so great. It's a picture of a guy,
older guy, and he's got a little girl on the
gas tank of his motorcycle.
No one else. He's got a leg down
and he's getting sideways. And the caption says,
I don't know who this man is, but I know his wife was away for the day.
Totally true.
It's so funny.
Okay.
So you went to Georgetown.
You went to UCLA.
I don't know if we talked about the UCLA connection, but I think that's pretty interesting as well.
I went there as well.
Oh, good.
What year did you graduate?
1990.
I was 2000. Being on that campus, I kept pinching well. What year did you graduate? 1990. I was 2000.
Being on that campus, I kept pinching myself like, why am I here? It was so nice. You feel
like you've entered into a movie almost, right? Right, totally. And it was $1,800 a year. And
Wharton where I got into was 30,000. Wharton is very prestigious. And I said no to Wharton
and came to UCLA because I wanted to put myself to school
and I could only really afford here. I sold my five liter Mustang 88. It was brand new,
but I couldn't afford it. And I got a specialized stump jumper and I rode to school and I got a job
as a janitor on Lincoln for Phil Hill's restoration shop and got my PhD in the car business.
Oh, my God.
Yeah.
Can I say something?
Sorry.
I won't say much during this.
Don't worry.
Please.
Please.
I have to say what I think a lot of not to be gendered women are thinking right now.
Go ahead.
When you hear about car guys, like you have an idea of a car guy.
I think a lot of people are shocked to hear
that you got into Wharton. Obviously, you're so smart because you couldn't get to where you are
if you weren't. But I don't think people put two and two together that car guys can be brilliant.
I mean, that's really bad to say. You think there's a stereotype? That's a stereotype.
And that's probably based on like who took auto shop in high school were generally the burnouts who weren't thriving in AP history.
So I'm sure there's some basis.
I don't know why.
Maybe it's like movies.
I don't know why we think that.
Sure.
The greasers were in the cars, all the outcasts, the outsiders, all the roughnecks.
That makes sense.
But it's good to break that stereotype.
Well, Tom Hanson is a lawyer who I'm referencing.
And Jay Leno's a mechanical genius.
He is.
And Jim's pretty smart, and I'm pretty smart.
I know.
I like it.
Malcolm Gladwell.
Yeah.
Do you know Malcolm's a huge car guy?
No.
That's kind of a shocker, right?
Yeah.
I met founder Dyer Straits.
He's a huge car person.
That makes a little sense, though.
A lot of musicians, they are car people.
But social scientists, like Malcolm Gladwell, that's more of a, you're like, oh, that's cool.
Business CEO.
Like, you just don't imagine it, but it's great.
I see it because people call me to get the Raptor R's.
And they're like, hey, Jim.
I'm like, really?
Oh, wow.
Now, that makes perfect sense.
Yes.
That's why we accelerated his order immediately.
Can I brag and say what the email was?
I tell this story nonstop.
Oh, good.
Okay.
So I say to you, hey, don't want to stress out our burgeoning friendship, but can I get on the Raptor R?
His response, Monica, had about 19 people on the email.
And it said, let's get Dax a Raptor R.
And I was like, oh, my God, he's unleashed the whole cavalry.
And then immediately after, I don't know the pecking order, but someone writes, perfect.
His will be the first one after Tom Brady's.
And I'm like, look at this.
That's what happened.
That's what happened.
I don't think I've ever felt more important.
I know that I had joined Tom Brady on a list.
That's incredible.
If you charted, Jim, your popularity, do you see it spike like when the GT was announced and then
now the Raptor R? Do you start getting cold called from random weird people? Yes, but with my job,
there are a lot of stakeholders. So we have the UAW union negotiations right now. So that tends to be
popular for other reasons. Since taking over the CEO, I noticed that there's more videos about me
online, which my kids bring in and say, dad, you should see this one. They really hate you.
Oh no. Ford is such an iconic company. When you lead Ford, a lot happens.
Yeah. To me, there's something a little bit old
school about what you're doing, because if you watch like the DeLorean documentary, which is
great and I recommend it. So John DeLorean famously worked at General Motors. I think
he invented the GTO Pontiac, first unibody muscle car. So he became this really interesting figure
within General Motors. He was very artistic. He had a vacation home in California, but he hung
out with Johnny Carson. Is that why it's called that in Back to the Future?
Well, so he then left General Motors and started his own car company called the DeLorean, which
is made famous, yes, in Back to the Future. But he was hobnobbing with all of Hollywood royalty
in the same way that currently the tech industry seems to cross-pollinate, right?
Yes, makes sense.
And Detroit was the Silicon Valley for 40 years.
If you were a genius engineer, you would go to Detroit.
That's where the coolest stuff was being made.
So then it fell out of favor in the 80s or rough,
and just the car industry in general from 72 till probably 90-something.
It's just in a dark spiral for so long.
But I see you as someone who's seemingly
intentionally bridging that divide. Yes, because I believe for a company like Ford,
it's very important for us to do what we naturally do well. We should stop doing things that other
people do really well and we're just okay at. But when it comes to Raptors and Mustangs and Ford GTs and Broncos and F-150s and Tremors and Super Duties and transit vans, that's what we do.
Well, the Ford F-150 has been the best-selling vehicle in America for 46 years.
I've got an argument on a vacation this summer where someone was telling me that Tesla was the top three of the top five best-selling cars in America.
And I said, I think you misread that. I think what you're talking about is they did a most
American parts list. I think that's what you're thinking. He's like, no, no, it was most.
I'm like, there's no way. I think the Ford F-150 sells more than the whole car company does.
Look it all up. Yes, that's the case. We sold a million last year and we do that really well.
I remember when I joined the company, I asked the head of engineering, because they were
like, you got to reimagine the product lineup.
So I was like, well, I got to understand what makes these engineers tick.
So I asked the head of engineering, I worked at Toyota for 25 years, what makes a Ford
engineer different than the engineers I work with at Toyota?
He's like, I don't know.
Why don't you go ask?
So I spent a full day walking to the engineering labs.
I went to the truck engineering safety lab.
And I ran into this gentleman.
He's like, I'm working on this crash instrument.
It looked like a child.
And I said, really?
But the federal government doesn't require us to crash tests with instruments or dummies
that look like children.
He goes, no, no, no, no, no, no.
I don't do this job just for passing safety requirements
for the federal government.
I lost my child in a car accident.
She was 13 years old.
And I was a doctor at the Philadelphia Children's Hospital.
And I came to work here because I know I'd save more lives here
than being a doctor.
Get out!
That's a real story.
That sounds impossible.
And I said, what
are you doing? He said, well, on my spare time, I'm building this instrument and it has a gelatin
center section so I can test the G loads on the organs because my daughter died of internal
bleeding and we didn't know. And he goes, I just do this on my spare time because Ford's cool with it. No one knows in America where things come from, but I know.
So I learned very quickly at Ford, we should get those people working on the things that
they naturally do well.
And don't start to make like an affordable $15,000 subcompact car.
When I was at Toyota, they do really well.
But Ford is like, we do Broncos
really well, better than anyone. So when I took over three years ago, I was like, we're going to
double down on our icons and we're going to invent some new ones like the F-150 electric, but we're
going to stay loyal to our customers who already love the brand and just build on that.
Every auto manufacturer, well, the good ones,
they have a fingerprint, they have a vibe, right?
So Toyota, I tell people all the time,
people ask me, what's advice you have for acting
when you move to LA?
And I always say, buy a Honda or a Toyota.
That's my advice.
You're going to drive everywhere
and you're going to be broke.
It's going to get great gas mileage.
You don't even have to change oil.
It's going to run for 300,000 miles.
That's what it is. is reliability both those companies just simple
simple design functional that's not my favorite car company but no one builds a more reliable
car than a toyota and then you go through the different brands some of them are missing
that personality no one's figured that out. I remember years ago, someone approached
me about, they were working on some branding stuff for Mitsubishi. I'm like, yeah, that's a
bottom up. Like what is Mitsubishi? They make heavy equipment. They're reliable. So when you
walked into Ford, you came in in 07. Six months away from all the other companies going bankrupt.
Yes. Moved from Santa Monica to Detroit withroit with my family oh my god and everyone goes
bankrupt in that same moment but ford doesn't take money from the government right we avoided
the bankruptcy but ford growing up i can tell you exactly what the brand was it's like seared into
my heart it's tough american work yes and then fuck you performance out of this mustang gt right it's not a track car it's
not the corvette this is your stoplight the stoplight be a king car correct i get the whole
thing then yeah when you're coming in and around this i think there is some trying to redefine or
re-remember what ford's fingerprint is yes i really believe that we can take on porsche with mustang
but we are going to do it our own way and it won't be the way that a Z06 does it, but we're going to race a Mustang
at Le Mans. We're going to race a Mustang in Australia and the supercars. We're going to
race a Mustang in NHRA. We're going to have a track car for people. We're going to have a car
for SCCA, Pro Solo, and one for people that just go track cars on the weekend. And we want Bronco to be this other
thing. And we want Raptor to be something else. And we want F-150 and Maverick $20,000 pickup
truck that gets 42 miles per gallon hybrid. We want to have this full lineup of pickup trucks
from the entry to $110,000 electric hybrid gas. We want to have a commercial lineup with transit and smaller vans.
We want to just build a company filled with products that are either work or passion.
Stay tuned for more Armchair Expert, if you dare.
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Well, you had a couple of things come down the pipeline from Hollywood that helped remind people what Ford is.
I mean, first, you
have the best history of any company, which is you have Henry Ford. Yes. And we're going to glaze
over the fact that he's an anti-Semite. There's a couple. We got to acknowledge that and then we're
going to move on. But the assembly line, the automotive revolution, that's the history of
Ford Motor Company. My grandfather was an early hourly employee. 1918 at the River Rouge. Alan Park, you start in 17. Incredible. But then you have the 60s and you have Le Mans.
And you have Ford versus Ferrari. Breakout moment. And talk about a patriotic moment for everyone,
right? Did you see the movie? No, even though my boyfriend's in it. How could you have not
seen it with your boyfriend in it? Matt Damon. Yeah, he's not my real boyfriend, but he's my pretend boyfriend.
He was amazing.
Oh, I love him so much.
And I raced a GT40.
I was just at Le Mans a month ago with my GT40.
My door flew off at 185 miles per hour.
What?
It did.
What was that experience like?
So the GT40 doors, like Ken Miles did in the movie, the latching is a problem.
It's like a screen door virtually, right?
It's not a great mechanism. And it has like this wing at the top.
And Dan Gurney was too tall.
So they had to like make a bubble for him on the top of the door.
What happened was, it's typical.
A screw came loose on the window.
The window flew out the lap before.
Then there was pressure inside the car.
The pressure popped the door open.
And when I got on the Msan straight i'm going 180 185
can i just add 185 in a 1966 car is about 235 in iran it's freaking fast and it's scary and
there's cars around you and you're passing cars and so i'm in the race it's like the top three
guys were all in gt40s going for it and my door opened and it was just enough where flew off the top caught the wind and was gone this is like a five million dollar car yeah i don't even
know what the value is yeah they're about five more yeah i try not to tell them i have some
secrets too yeah yeah he has one he was really close so we invited you to a golden ticket event
if you can come in vegas yeah it It's hard to get to and everything.
I just have an eight and 10 year old.
Okay.
If I told my wife I'm going to Vegas for the day,
she'd send like a proxy for you
to take like pictures or something.
You're going to want to virtually be there.
Well, I'm so intrigued.
I'm like, what on earth are you unleashing?
It's Mustang related, right?
There's a prancing horse on the invite.
But it's going to be worth it.
But Le Mans was a breakout moment.
Can I just tell Monica really quick this story? There was a moment
where Ford was
going to take on Ferrari.
You'll correct me if I
fuck this up. But in the 60s.
And Enzo Ferrari, at least
from the Ford family's perspective,
kind of backed out at the 11th hour
and kind of fucked them.
I have the contract in my office.
Legal contract about this thick.
And he has a big purple pen around who runs a Formula One team.
It says in Italian, Ford will run the Formula One team.
It's like a big circle.
No.
Oh, my God.
That was it.
So they got in a pissing contest.
And Ferrari's unbeatable at Le Mans and in racing in general in the 40s 50s 60s times in a
row yeah this is the life of Ferrari they're a race car company before they're a road car company
and so the Ford family says well we'll see you at Le Mans and they unleash the full brunt of the
engineering and development force of Ford and they go to Le Mans and they fucking win one, two, three.
Wow.
And there's a picture of the three of these GT40s
coming in in first, second, and third place.
That's amazing.
First time American car won Le Mans.
And then they brought the car back again
in 06, maybe with 05.
05.
Yeah, so three iterations of the GT40.
There was a GT40 in the 60s. Then in 05, with 05 05 yeah so three iterations of the gt4 there was a gt40 in 60s
then in 05 there was the gt and then in 2017 the gt comes back yes we brought it back in 15 as a
race car first and a production car in 17 because it was the 50th anniversary we wanted to win the
race on the 50th anniversary to the day which we did they went and went and did it. We did it. We had one chance.
I mean, you know, you watch enough Formula One.
The notion you're going to throw your hat in the ring
and within the first year be dominant, that's not possible.
Yeah, that's incredible.
It's not possible.
No, it's not possible.
We kind of did a lot of things behind the scene to make it possible.
We put the motor in a race car two years before
and drove Sibring and Le Mans, every racetrack,
to make sure that motor was ready.
We did everything because we knew we had one chance.
I think those events have really, really helped remind people what Ford is.
I think it is a really nice time for you to be at the helm.
I see the company as an underdog.
Of course, which is completely ironic because when I grew up in Michigan in the 80s, General
Motors was the biggest company in the world.
They employed the most amount of people.
They were Apple, for Christ's sakes.
And then Ford was always neck and neck with them.
And this was one of my questions to you.
Tesla, which you have to talk about nonstop, I'm sure.
Tesla is currently valued at 12x of Ford.
Last year, it was 16x of Ford.
And they sold 1 million cars and you all sold 4 million cars.
16X of Ford, and they sold 1 million cars and you all sold 4 million cars.
Does it frustrate you, this huge disparity between performance and stock value?
Well, it is the metric I watch every day. Like this morning, I woke up and I was down like $2 billion.
So it's not been a great day today.
I don't know how you all see that.
It's a long-term metric, but the valuation of the company for myself and my performance, that's what I look at.
I'm there to add long-term value.
And the stock market goes up and down, and they're either wrong or right about us.
But here's how I look at it.
The EV transition is a move from an analog to a digital car.
It happens to have a propulsion system that's digital, but it's much bigger than that.
It's sending software to the car. It's partial bigger than that. It's sending software to the car.
It's partial self-driving.
It's predictive failure of the components.
There's a lot of things when you make a vehicle digital.
And they were the first one to really show that future, that cars don't have to depend
on the economic cycle because you can send software to them and you get revenue when
times are good or bad because people can send software to them and you get revenue when times are good or bad because
people use the software. So I like the fact that someone recognizes that there's a company using
technology that made people's lives better. I also believe that we can do it better than them
and there'll come a day when people, investors will go, wow, I'm impressed that Ford could compete and beat
Tesla at their own game. Will we get all that market cap? I don't know. I don't know if everyone
invests in Tesla just because of the actual earning power. If they did that, their margins
went from 20% down like in half in the last year. They've had to drop their prices so much.
The valuation didn't change in half. To be crude about it, so many of these companies that people are drawn to to invest in,
it is more appealing to invest in a tech company than it is a manufacturing company.
There's also this implied subscription model where the car is going to generate money long
after it's been sold.
I don't know about that.
I think with the changing political landscape, you're up against
some political dissonance where Ford is the company of the tough American. And I think
there's a group of liberal Americans who feel like that's a Republican car. I'm just going to
straight up say it. I think that is affecting some of this perhaps. And Tesla is not. Tesla is like the
apple. Although ironic. Well, now, exactly. Exactly. I'm not saying it's right, but I think
that's the feeling. You know, what's so interesting about what you just said, you know, I'm not going
to debate it because in a way I just have to deal with whatever it is. I find it so amazing, and this is
on us, that people don't really understand when they spend their money on a vehicle what happens
to that money. And we have done a poor job, I believe, educating people about what that vote
means to people's real life. And if you did, if you really care
about other human beings, you would see the tremendous transformation of people's lives
who work in our factories in the U.S. I'm not saying this because of the CEO. It's just a
matter of fact. We are the most American company with people work in our factories. We have 60,000
people today working. It's 120 degrees today in Kansas City.
They're making super duty pickup trucks at 120 degrees.
And we're 20% higher than anyone else in our industry, GM second.
And we are the largest exporter of vehicles in the country.
When I take a Jimmy Fallon or a Dax or you into my factory and you meet a single mom who's got that job at Ford,
makes 80 grand over time, 100 grand healthcare that's like at 98% of the highest in the US,
then you would go, I had no idea.
Exactly.
Why didn't I know this?
Is that my bad or is that we just don't really care about where things come from?
And it's like up to the consumer to care?
I don't know.
I do know that if you're German and you buy a Volkswagen, you do feel differently.
They know.
They know the government kind of educates them.
And they have apprentice programs.
You know, I worked for GM for years and Opel was a division.
And when we did shows with Opel, the way that the technicians were not separated from the engineers in their hotels was like unfathomable on a gm car show the engineer stayed at the nice hotel with the
journalists and then the technician stayed with the car preppers me at the red roof inn and we
partied it was fun not germany the technicians are the heroes revered yes and it's so respectful
and cool all of us who had been doing car shows for GM for 10 years
when we did this Opel launch, we were like, well, fuck, that's where we would like to work.
I feel like we're like this best known car company from a brand when you see the Ford logo,
but people don't really know what's different about the company. I love reinvigorating our
icons or having an electric F-150 be the best selling electric pickup truck in the US.
But on the other hand, I don't know how to take everyone to a factory.
But when Jimmy Fallon walks through the F-150 Lightning line,
we had to shut it down, by the way, because he was saying hello to everyone.
And we couldn't build trucks.
Probably a couple million-dollar visit.
It was very expensive.
But he was like, Jim, I had no idea.
You know, World War II people knew where things came from.
And look, I worked for Toyota for 25 years.
I'm not like some preachy, you know, uninformed person, kind of like my parents were to some extent.
I see all the facts and I feel like we haven't told our story the right way.
And I want to comment on the Tesla, GM, Ford market cap disparity.
I think because I'm so into cars.
Kristen owned a Tesla,
or leased one for three years.
To me, it doesn't feel like
an actual manufactured car.
It feels very kit car-y,
like in the fucking 80s,
you'd buy a shell of a car.
Yeah, exactly.
But I have, for a long time,
been saying,
yeah, the big three
don't have the powertrain yet,
but the car itself, even the suppliers from the seat manufacturers and the visors and the dashboard, there's no comparison.
It's laughable if you're in the cars, the gap in the vehicle.
So I've always thought, just wait till they have the powertrain.
And you're seeing it with Mercedes too, I'll say.
You betcha.
This EQ, you're like, oh, right, that's still a Mercedes.
Kristen has a Chevy Bolt. She's obsessed with it. She found out they're not making anymore. She EQ, you're like, oh right, that's still a Mercedes. Kristen has a
Chevy Bolt. She's obsessed with it. She found out they're not making anymore. She said, should we
get a backup? I mean, that's how much she fucking loves it. And the Lightning is awesome. And if you
get in a Lightning and you drive that, I bet my life on that versus Cybertruck. There's no comparison.
So I just think a lot of the investors got very swept up into the tech bubbleness of it all. And I think they maybe ignored what the vehicle itself was
in the 120 years of building cars, what that gets you.
I give Tesla a lot, but I also saw the ignorance of the leadership team
in the Detroit 3 towards Tesla 10 years ago.
You know, non-negotiated price, online experience to buy and own a reductive
car that is so simple. By the way, people who don't like cars, they love that. They want it
to feel like their iPhone. Like an appliance or something. We're not normal. I worked at Toyota
for 25 years. Most people want just to get to point A to point B really reliably. And I give
them so much credit because to be honest,
competition, personal level, professional, it always makes everything better. We are going to
surprise people. We're number two in EVs last year to Tesla, but they're a mile ahead.
Well, I totally applaud. I also want to be on record applauding that he literally
fast forwarded everything 10 years
and forced everyone's hand.
That part's incredible.
Yeah.
Doug Fields at Ford, he was the head of engineering at Tesla
and then went to Apple and then his successor at Tesla.
Alan Clark's also at Ford.
And we started really tearing apart the cars,
especially the ones made in Texas.
It's impressive.
Our wiring harness for the Mach-E was 1.6 kilometers longer.
It was about 70 pounds heavier.
And in the ICE world, that's bad to spend that much money in a wiring harness.
But in an electric car, you have to have batteries to haul around the extra weight of 70 pounds.
So the batteries alone are like $70 or $80 just to carry around the weight.
So when you have these expensive batteries,
all the math changes. You want to invest more in lightweight wiring harnesses. You want to
invest more in braking systems for regen because you can minimize the battery. And if you measure
everything in battery cost, you make completely different engineering decisions, which they did.
Now we had to do that. So it did inspire
us, but we didn't want to go head to head with them. That's why we did a pickup. That's why we
did e-transit. That's why we did the Mach-E. We didn't want to have a reductive vehicle. We wanted
a Mustang that goes zero to 60 in three seconds. We are betting on the icons that are our company,
but the next cycle product is going to really surprise people
because we approach the engineering
so radically different than the first gen.
These vehicles will look completely different
than what people expect.
Oh, wow.
And I don't know how they'll react.
I don't know how you'll react.
Yeah, we'll find out shortly.
A couple of years.
Here's an exciting thing.
Ford is entering Formula One
as an engine manufacturer in 2026 yes here's some
fun other overlap I took Daniel Ricardo riding dirt bikes right oh you did so I pulled up in
my Raptor R and he has a last generation Raptor that's fitted you know it's awesome he's got the
fiberglass Fender it looks gorgeous right so we got both Raptors there and he goes oh my God I
just drove that R it's so great and I go where didors there. And he goes, oh my God, I just drove that R.
It's so great.
And I go, where did you drive it?
And he goes, oh, I was a guest in Dearborn.
Then we start talking about you.
And I go, oh my God, isn't that guy the greatest?
And he goes, oh my God, I'm so in.
Like I spent a day with him.
And Blake too was like, we're so in on Jim.
We just fell in love with him.
That's funny.
Were you a part of that decision to get into Formula One?
Yeah.
Do you have anxiety?
I mean, those motors, be honest.
Those motors are, that's a 1.6 liter motor making over a thousand horsepower.
It's hugely risky.
Okay, great.
No risk, no reward in this life.
That's right.
And, you know, we really like Red Bull.
We really like Adrian Newey.
I mean, he's so skillful and Christian runs a great shop and they got great
drivers. And you're right to ask that question. It's a lot of money, but more importantly,
it's a lot of reputation on the line because if you're like in the middle pack or the end,
it's like pretty awful and it doesn't get better. And you've seen those teams,
they'll throw their engine manufacturer right under the bus. My Ford was awful today.
Yes. When McLaren had the Renault motors
and they didn't like them,
boy, they were awful.
But if we win, I'm not sure it'll be the opposite.
No, no, don't mention it.
So in the 70s, Ford won seven world championships
in Formula One.
Our approach is totally different.
I watched Dry Drift survive very carefully.
And when it reached that threshold
and we start to see multicultural younger people,
women and men get into Formula One. A lot of women, excitingly so, more than I've ever seen
in a motorsports. I think it helps how fucking cute all the drivers are, Ricardo. Oh yeah,
doesn't hurt. And so I called our head of racing and I talked to Bill Ford and I was like, this
sport is popping in the United States. Like it never has ever in the history of the company. And it's got a lot upside. We have to expand what
people think of Ford. Bill Ford tough. Is that going to work in a digitally connected, very
advanced looking EV? So we're coming out with all these vehicles in 25 and 26. They're really
advanced. So I said, how about if we do this? Because it was interesting
when we were doing the engineering for the second generation of vehicles that aren't out,
but the ones we talked about, I realized that aerodynamics are going to change these cars
totally. So like on an F-150, if I take a standard F-150 hybrid and I maximize the aero,
as clean a design as possible, deployable flaps on the rear.
Reduce drag, reduce drag.
It would be 100 miles of range.
For just the aero, you could add an additional 100 miles of range.
And on batteries, if I took the range and said, we're going to fix it 300,
I could take out about $6,000 of cost.
From the battery pack?
Yes.
Oh, wow.
For a vehicle with these huge expensive batteries
is so important i can't believe so i kept asking my team do we have the best aero people
right like no they're all in formula his name is adrian yeah you don't have a formula one yeah
they have better aero people than nasa or boeing amazing okay so aerodynamics oh so as you know the
car over the car okay the car itself weighs 900 kilos, right?
It's 2000 pounds.
But when it hits 55 miles an hour, it's the reverse of an airplane wing that would create
lift.
It creates downforce and it creates so much downforce that at 55, the car could drive
completely upside down and it would stay stuck to the road.
It's creating more than 2000 pounds of downforce at like 55 at 210 miles an hour. It's creating thousands and thousands of pounds pounds of downforce at like 55. At 210 miles an hour,
it's creating thousands and thousands of pounds of downforce, which is why they can take a right
hand turn at Silverstone at 200 miles an hour flat and the car goes dead right because it's
being pushed to the ground so hard. And then they just shook everything up and you used to be able
to get your arrow from the wing and from these other side and that was making the air behind them really turbulent so people couldn't follow closely or
they didn't have any downforce so then they switched just two years ago like you got to get
all your downforce from the bottom of the car from the floor pan so just the hurdles they're
clearing in that sport are completely unparalleled even in aerospace exactly i talked to bill he was
like yeah if we could find a really smart way to get in the sport, you should look into that.
So I talked to Christian.
He's like, but we need battery tech.
Because we have in 26, they go to 50% electric.
And they need really fast discharge.
So where do we have that?
Drag racing.
We have like the best high discharge electric batteries anywhere.
Wait, the drag cars are now using hybrid system?
Full electric.
Full electric.
We have full electric drag cars now.
That are running what?
And they're very special.
In NHRA, sportsmen and amateur racing in NHRA, they have a class now.
And they're so fast.
But we've had to develop special batteries for them.
That let all the energy out immediately.
Yeah, in like eight seconds, seven seconds, six seconds.
Wow.
So he's like, you you know we need that i was like but i need adrian to look at my production card and so we were like well this is crazy we kind of need each other again yeah why don't we instead
of sponsoring the whole team or the car we'll share the battery tech yeah we get aero from you
and then i'm going to write a personal service contract for the drivers
so that max or daniel or checo are promoting the new ev cars yeah to a great new generation
who may not think of ford and may think of tesla first smart so that's what we did yeah i think
it's really scrappy it's not like some super huge corporate deal where we take over the engine program and it'll all be Ford engineers and Milton Keynes.
No, no, it's a total practical relationship.
Oh, this is great.
Because the only sad thing about watching Formula One is we just now this year have one American driver, Logan Sargent.
We have Haas as an American team, but that's not a front pack.
So I've been like, yeah, Ford, let's get in there and let's win some
fucking races that's so funny you said that because christian goes if ford wanted a driver
what would the driver be like and i was like i'd like a driver in formula one who gets in fights
that's a little dose of nascar yeah i don't want to like get in fights but i want them to care so
much about winning it's still like a European sport, right?
Yeah, yeah.
Pretty much rich kids.
Yeah.
I'd like there to be a little more flavor in there.
He's like, I like that.
Well, Christian wants that too.
Yeah, he does.
Well, he famously, when Ricardo, Max would fight.
Is it not that?
His father was convicted of fracturing a man's skull at the go-kart track when he was a kid.
There you go.
Max's?
Max's dad, Yos.
Yeah. So he comes from that
stock oh well it's coming up but on drive i interviewed max oh you did yeah i can't get
up i'm impressed so people are like well you know he's kind of mechanical yeah but i mean
he's doing what he wants he's driving better than an ai would yeah so exactly it all pays off i
think red bull is kind of an irreverent company. Yes. And their marketing is very irreverent. I like that an American company is going to join with Red Bull because Red Bull is
going to go to WRC for us. We're going to go to Dakar and race with them. Well, let's just say
they were like, no, we're never making commercials. We're going to spend two and a half billion
dollars on motorsports. And that's going to get our beverage out there. I mean, for you and I,
we're like, yeah, I like that company. This is a smart, smart company.
No commercials in all race teams.
And I think that's what motorsports should be.
We should create digital content
that's outside the norm.
We need to take a Formula One car
and drive it through our factory at the Rouge
and we should do things that people don't do.
And you should be using me and Ricardo for this.
Perfect.
I'll jump any car
over anything you want. Okay. Yeah. I got it. Let me go to work on that. Whenever that gets pitched
to you, you need someone to jump something over something. I'm the dude. Perfect. Well, that does
bring me to my one really big umbrella question, which is obviously generationally things have
changed dramatically. Like when I was a kid, I had exclusively car posters in my room.
Yes.
And all of my friends had car posters.
Yes.
And I don't think it was just Detroit.
I think very much kids of the 70s and 80s.
Our shows on TV that we loved were Duke's a Hazard and Fall Guy.
They were car-centric, Knight Rider.
We were obsessed with cars.
Everyone wanted a great car.
We've been hearing for the last 15
years that younger generations would prefer to get driven in an Uber or they'd prefer their car
to be self-driving. How do you foresee our overall romantic and emotional connection to cars? It
seemed like it was going to go away, but I don't know if I believe that. What's your take on that?
I think it's tripped on the other side of that invisible line of younger people caring a lot but it has changed a lot like my son is 15 he's on the road trip with
me we're pretty much talking about cars the entire trip and he hates every car i like and i like
every car he likes he's like that you only like cars that were built before 1990 you're like
totally ridiculous but he likes cars that are very outspoken that are popular in
digital content like video games no like on youtube someone will do a review of something
a pagani or a kone zeg or something that he doesn't want to buy right but he thinks is really
interesting so it's more of an intellectual exercise maybe and a digital thing. It's not like
he expects cars to be software, but he thinks it's more digital currency than I did or you did,
which is like, I want to get in and drive it. He's just as interested in like sharing a cool
video about a car than driving it. He's really into learning how to drive a stick shift,
but he's embarrassed when it doesn't work right because into learning how to drive a stick shift, but he's embarrassed when
it doesn't work right because someone's going to have a camera and a lot of people would see it.
And so all the degrees of freedom that we had to learn and make mistakes, a lot of that generation
doesn't because they don't want to look like they don't fit in. Yes. So the pressure to fit in is so high and everything's recorded.
I believe that it's changing in a positive way, but it will take a long time.
And for us, we have to get used to younger people liking stuff that we don't like.
Not because they're just younger, but because they have a more complex view of a car.
They see the software.
They want to tune it with software.
They want to use it for content consumption.
They want to use a car stationary.
They want a car to kind of advertise who they're about as a person.
Right.
So the accessories mean more to them.
Like your truck.
My son went right over to your lights.
Oh, he did.
Yeah.
Sounds like a genius.
I just think it's like time for us to give them their own version of loving cars.
Well, remember the old Oldsmobile thing.
It's like, it's not your parents.
Good luck.
And I think that's great.
He hates my 73 Bronco.
I love my Bronco.
He doesn't like it.
He wants something else.
He wants a three series that he can work on.
So what? that's great
yeah yeah you just want him to love it yeah that's all i want your question about the emotional
engagement it's there do you love your mercedes i do and i don't even care about cars there's only
one car she's ever liked oh really what's that the 300 goal wing mercedes oh nice that's a good
choice right timeless choice Total Wolf has one,
I think. He does? He does. Yeah. What a stud.
What color? He's got it all.
I would guess it's silver.
Yeah, same. With a red and green
plaid interior. I don't know. Just guessing.
What a gentleman.
Well, that's comforting.
And every time you think they've figured out
what this generation wants, and the next one's right behind
it. Someone told us the other day, like, Gen Z, they love ostentatiousness.
We had that really like austere movement in 2008 with the oil prices and the SUV hatred and all this stuff.
That generation was like, I hate all that.
But guess what?
Now this one behind them, they're like, no, we want Bugattis and fucking Louis Vuitton.
We want it all.
We were on vacation this year and we had a day free in northern Italy.
It was raining.
I'm like, we're going to Lamborghini.
Like, as you would.
Yeah, yeah, of course.
And so we went to Lamborghini, and my daughter was like, these are the coolest cars.
An off-road supercar in, like, lime green.
Yeah.
The Mood 2?
They had a Mood 2 there?
Yes.
Oh, awesome.
I think it just takes having one car at some point in your life that you do like getting in or you find represents you or something.
Because I did not have that until this.
The Prius was great.
It was like, yes, get me to point B reliably.
That's all I care about.
But then with this one, it was like, oh, this is like.
When it starts, you're like, hello, personality.
Yes. It like adds to your
personality and then you start seeing it across the board in other people's cars and then you
just start opening your eyes to it a little more jim another thing you would have loved is we were
doing a live show in detroit and i said okay tonight we're going to woodward and we're gonna
watch cars monica's like what we're gonna watch cars like that's right we're going to watch cars. And Monica's like, what? We're going to watch cars?
That's right. We're going to park on the side of Woodward.
We're going to sit on the trunk.
We're going to bring some pops and some snacks.
It was like, I don't understand.
It was so obscurity, right?
While you were doing it, was it weird?
No, I loved it. Yeah, my daughter!
We did it last weekend. My daughter's like,
Dad, let's go to Woodward. I got my
Celine Mustang. Did a few burnouts. There was a few cops around. my daughter's like dad let's go to woodward i got my selene mustang did a few
burnouts yes there was a few cops around my my daughter's like you're pushing luck let's go pull
off we got a custer and you just watch chargers and challengers oh yeah i mean man is it a high
concentration it is yeah it is they own it but their mustangs kind of come back but she looked
at me she goes dad this is really fun right monica Monica was like, oh, my God, I get it.
It's fun.
Because when there's a culture and a community, anytime, it's fun.
That's true.
That's true.
Even like at the Taylor Swift concert, you see everyone there for a reason.
It does something to you.
There you go.
Well, you know, minimally one thing that they love, the stranger.
You're next to a stranger, but you go, well, I know they love cars.
That's why they're here.
And that's just the connective tissue you need to go like, oh, we're one of the same.
The way you would identify in a religion or anything else.
Like, oh, good.
We both love one of the same things.
I bet we can build on that.
Yes.
And, you know, the Formula One drivers are no different.
Get Checo or Max or Daniel like you did away from the formula one thing you know
you're just talking about cars yeah but as a business leader it hasn't been about the cars
for a long time it's about seeing people grow yeah for me yeah well you're doing an incredible job
oh i wanted to add one thing occasionally you know i'll post a picture let's just say when i
got the raptor i post a picture of the raptor on Instagram. And I'll have people in there, what the fuck?
I thought you were a Chevy guy.
And I have responded to many of them going, my only loyalty is to horsepower.
So whoever's making the horsepower, I also have a 700 horsepower charger.
And that 454 SS pickup truck is pretty sweet too.
Oh, yeah.
My boss had that in high school and I used to wash it.
And it's just driving around the shop and I get to do one burnout in it before I washed it.
And I was like, I got to have this thing one day.
I did a burnout with Jimmy Fallon at M1 in Detroit.
And he was like genuinely shocked.
Oh, he was?
That was his first?
Yeah. He was like,
what's going on here? What's all this smoke? Why are we doing this? Unfortunately, I blew out one
of the rear tires. So the walk of shame, you had to walk back. Yeah. I did the same thing with Jim
Kramer. Who's the financial wizard on CNBC. And I think he was just generally terrified. Didn't
understand the whole thing. Yeah. You either get it or you don't. In fact, I live in constant fear that I'm going to lay rubber leaving a stoplight and I won't like it.
I live in constant fear of like, when will this be over?
I've been loving this since I was 14.
I don't want to be alive in a world where I don't like peeling out when I leave somewhere.
Well, as long as you're on Woodward, you're home, Dax.
Well, Jim, it was great having you stop by.
This road trip left Silicon Valley.
So this morning at 4, my son wanted to go to the Boneyard at Mojave Airport.
Oh, off the 14.
Yeah, so we left Bakersfield at 4.15, and we got there at sunup,
and we got to see all the boneyard up close in person.
And then I got a new software ship of our self-driving system called Blue Cruise that I drove for about an hour and a half.
Meaning it was driving and you were just.
Yeah.
And it does lane change on its own now.
And then we went to a wind farm in Mojave where they're using the electric F-150s
to do all the repair. So my son and I went up and saw how they repair the windmills, the turbines,
and how they use the vehicle. And I got to talk to the operators about what they like and what
they don't and show them one pedal driving, which they had not done and just learn about the vehicle.
So the whole road trip, like as a leader, you just have to stay fresh.
And I call it Gemba, but you have to go and see with your own eyes.
So I'm going down to Galpin, which is our biggest dealer globally out of 10,000,
and we're going to deliver a Raptor R to the Rock this afternoon.
Will you tell him I had one first?
I will.
Will you make sure you tell him that is
he gonna like hurt me yes tell him to come on the show he can see he can confront me in the show
i have a long-standing antagonizing of the rock which is he has his own gym it's called
iron paradise and it's glorious and he does a lot of posts from Iron Paradise. And I have below us Black Mold Paradise.
Anytime I'm pumping in black mold, I tag him and say, you know, there's a much better place to get ripped.
Black Mold Paradise than Iron Paradise.
Oh, that's so cool.
So whatever, any of these things you want to bring up to him.
A, I've had a Raptor before.
Black Mold Paradise is much better than Iron Paradise.
And then we're going to Barstow tonight to see another customer.
And then we're going to endstow tonight to see another customer and
then we're going to end at our dealer show in vegas my son's never been to vegas never been
to sema no you gotta take him to see i know he'll freak out that's a good idea because that's like
our equivalent of when your kids to go to an autorama it is i love autorama it's the best
so i'm trying to run ford in the cab of this F-150 and test out software and talk to customers, talk to dealers, because I can get really isolated as a leader.
Right.
Stay fresh.
You're doing the Ray Kroc thing, driving around a random McDonald's.
It is.
Seeing if their special sauce is up to code.
Exactly.
You can learn a lot talking to people.
So I'm constantly on the phone.
My people are like, when is he going to get off this road trip?
Yeah, their life has been made hell
by this whole adventure.
He's like, I did a lane change
and the car behind me is going too fast
and I freaked out.
This software is terrible.
He's like, we'll OTA it tonight.
So they're not happy.
It's good.
It's good.
You're in there.
No, I opened the gate to let a worker out
and I said, there's like four people out there trying to manage this road trip of yours sorry my son is totally giving me a hard time oh
that makes sense there's a young lad out there and i thought wow ford's hiring him young they
must have scouted this kid out of he's just there to make fun of me oh that's wonderful well jim
you're a delight you're loved by ricardo which didn't surprise me i adore you you minimally
will always receive emails from me
as you release cool new products.
Can I tell you about one thing I'm building right now
that's almost done?
Since you said you had an 88 Mustang.
So we know that's the Fox body platform.
And you would know that the Fairmont
and the Zephyr was also a Fox body platform.
Oh yeah, absolutely.
So I have a 1980 Mercury Zephyr station wagon.
No way.
Completely mint. No way.
Completely mint.
No way.
That just got a coyote motor, a six-speed, coilover, independent rear suspension.
What color?
Silver.
With the red interior, that bright fucking red.
Oh, that totally red, yeah.
Because you know I love wagons.
I've got three wagons now, but that's the one.
People will not see that coming.
I mean, can you imagine anything more fun than a fucking Mustang station wagon? that's what i've built the first that is so cool yeah it's getting painted right now i made it wide body so i could get the meats in there i wanted and all
the suspension stuff and i wanted my ride height to be so are you gonna have a back seat oh yeah
yeah yeah so it's like a functioning station wagon with like 600 horsepower yeah total track car monster 15 you are gonna love driving
that monica i can't wait no being a passenger she's gotta learn to drive a stick first i'm
teaching my son stick shift you gotta learn how to drive i know his sister tried to teach me
actually many years ago and i had practiced like once and i kind of could do it but then i gave up
this has got to be the hardest place to learn how to do a stick.
Well, exactly.
Everything is on a hill.
Yeah, yeah, yeah.
And the traffic's insane.
The clutch is in and out.
You have to go to like a parking lot or something.
Yeah.
Well, the problem is, is like, you don't want to teach anyone to drive a stick in your car.
In the old days, you would just rent a stick.
That ever hurts.
Now it's like the clutch is going out.
Yeah, it's like whatever you're teaching your kid on, like you kid on, he's probably doing some damage on one of your cars.
He is.
He is.
You smell that smell, son?
Yeah, that's clutch.
You don't want to smell that.
We're doing the clutch training right now.
He's like, there's a police.
There's a police.
I'm not going that way.
I'm like, you're going that way,
and you're figuring out how to get by a policeman
and not get in trouble.
That'll be your testimony.
Oh my God. I'll let you know when that happens. We'll send you a pic.
All right. Well, Jim, have a great rest of your trip. I'll be very sad to not be in Vegas. I
blame my family for that, but I'm going to be glued to the internet so I can see what you're
unveiling. Good. So great to get to meet you. People should listen to your podcast drive.
They should buy Fords. We could have talked about Harleys, but we're out of time. You're also on the board of Harley going through
some crazy changes as well. You're at the forefront of all of it. Thanks for making
time to stop by and see us. Thank you so much, Dax and Monica. I really had a great time with
you. Oh, good. Thank you. Stay tuned for more Armchair Expert, if you dare.
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Hey, I just got us a new Coca-Cola spice.
Nice.
What's it taste like?
It's like barefoot water skiing while dolphins click with glee.
Whoa, let me try.
Nah, it's like gliding on a gondola
through waving waters as a mermaid sings.
Nah, it's like Coca-Cola
with a refreshing burst of raspberry and spiced flavors.
Yeah.
Try new Coca-Cola Spiced today.
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that were wrong. Oh, that sounded like a dinosaur from Jurassic Park, that burp.
It went...
It did that rumbling noise that the T-Rex does.
Are you familiar with that sound?
That real low grumble that the T-Rex has?
Oh, yeah.
Haven't you seen that movie like 12 times?
Jurassic World.
They don't do it in there?
Uh-uh.
They got rid of the T-Rex grumbles?
No, I do know what you mean.
I think. Okay. I think. don't do it in there they got rid of the t-rex grumbles okay no i do know what you mean yeah okay i think i can't do it but that burp was perfect i wasn't paying as much attention to the you were
still thinking about your jersey mike's order no no i just wasn't paying as much attention to the
dinosaurs uh the grumbling sound in that movie as i was chris pratt yeah that's that was the draw he's a
distractor for sure okay we just did some armchair anonymous's yeah and they're so fun
yeah if anyone that's listening to this doesn't listen to armchair anonymous you must these
stories are so good they are good oh and they make me nostalgic because a lot of them come
from childhood you know yeah they're great We love hearing from armchairs.
That's really fun.
And getting an array of stories.
No duds yet.
Well, this was an exciting episode, because there was a pop-out.
I don't know what this one is.
This is Jim.
Oh, Jim Farley.
Yeah, a good pop-out.
He's Chris's cousin.
They are so similar.
It's really uncanny.
Yeah.
I certainly didn't feel it when I was a guest on his podcast, but being in 3D in real life,
IRL with him.
You were on Zoom?
I was on Zoom for his podcast.
Got it.
And maybe not even video.
I don't know if that's possible, but maybe.
I just know that I've seen lots of photos of him.
I know what he looks like.
And I did his podcast.
But when he was here and he was talking, it was very similar to when Dog the Bounty Hunter was talking.
I thought my dad was talking a couple different times.
Yes.
Or I just clicked into that.
I was like, oh, my God, that is Chris Farley.
Yeah, it's pretty bonkers.
I think it's weird for cousins to look that similar.
Yeah, I agree.
Let's see.
What do we have to catch up on?
I had a birthday party.
You had a very fun birthday party.
2 to 7 p.m. on a Saturday.
Yep.
Cards.
Cards.
Magic.
Oh, my God.
We got you a magician for your birthday.
There was a sleight of hand magician.
Franco.
His name is Franco.
Morbidelli. No. But that's a motorcycle rider that I love is franco morbidelli no but that's a motorcycle oh it is that i love franco morbidelli okay his name is franco pascali pascali that's nice what that's
italian right and he was unbelievable that was the craziest sleight of hand i've ever seen that's
the best magic i've ever seen. Yes.
It was unreal.
We have to tell them just about one.
So one is there's like four different decks of cards on the table.
He hands me a deck that we've been using.
Nothing's really happened to it.
Certainly he didn't shuffle it in a weird way.
Yeah, we brought it.
We brought it. He handed it to me, and I was four feet away from him.
And he said, okay, you just keep those those are yours
this is my deck of cards so he had a deck of cards and he said okay so in this game we're
gonna make one card the bad guy so what would you like to be the bad guy do you remember what I made
the bad guy uh no actually ace of diamonds okay great I was like don't say spades okay okay don't be generic okay don't be racist
yeah right so i thought ace of diamonds was a bizarre pick to be honest with you when you think
bad guy yeah but they're like like queen of diamonds two would be you know like a queen
and the diamonds all all elevated, whatever.
I thought about it a lot.
So he goes, okay, the ace of diamonds is the bad guy.
Well, there's two cops in the deck, and they are ten of hearts and four of spades.
And so I'm just going to shuffle these cards, and now I'm going to spread them out on the table.
And as he spreads it out on the table every single card is face down
except for two cards are face up you just see the corners of them and they are ten of hearts and the
four of spades he said oh there's one card in the middle of them both what could that be flips it
over ace of diamonds they've caught the ace of diamonds that is already spectacular i don't know
how he did that there was no real shuffling all of a sudden it was just there yeah then he said now look in your deck open up your and mine was
in a closed box that it came in that i brought i open it up he goes okay peel off uh some cards
i'm rolling i see the ten of hearts he goes okay what do we think is going to be next i flip over
ace of diamonds flip it, four of spades.
Somehow, he put those three cards together after I said what the bad guy was.
And that never left my hand.
I don't understand.
No.
It's so.
It was so mind-blowing.
That I didn't even waste one second trying to figure it out.
I'm like, there's no way I can begin to figure out how on earth that just happened.
No.
Yeah.
When like the most skeptical people, Eric, he was so, he was like, this is crazy.
Well, he thought there were dark spirits being channeled.
Well, there might have been.
He tends to lean that way towards dark spirits.
There might have been.
He's afraid of spirits.
Well, dark ones.
Yeah. But I think all spirits. There might have been. He's afraid of spirits. Well, dark ones. Yeah.
But I think all spirits
make him a little uncomfortable.
Well.
As I recall.
I don't want to speak for him.
You don't want to paint him
into a corner.
Yeah, I don't.
But that guy was great.
He was really incredible.
I recommend,
if you're in Los Angeles,
to track down Franco Pascali.
I think he performs
at the Magic Castle.
He says sometimes, but mostly things like this. Oh, okay. So he's for hire. to track down Franco Pascali. I think he performs at the Magic Castle.
He says sometimes, but mostly things like this.
Oh, okay.
So he's for hire, and I very much recommend.
Yeah, so he came.
Well, first of all, I thought at first,
I thought he was someone who just stumbled in off the street because it was a surprise, but no one was saying anything.
It was a closed party. It was a closed party.
It was a closed party.
So to see someone you didn't recognize that wasn't the bartender.
Right.
You were like, how did this rando get in here?
Yeah, but also the door was off the street, so somebody could have come in.
And the street had some interesting.
There's action.
Yeah.
Yeah.
So I thought that someone was just stumbling in, but then no one was doing anything.
But also no one was saying like, hey, he's supposed to be here.
Right.
So I was like, what is going on?
Then he just sits down.
Right in front of you.
Yep.
And again, still no one's saying anything.
Uh-huh.
But out come the cards.
Yeah, then some cards came out.
Uh-huh.
It was very cool.
Then it was very obvious what was happening.
So, so cool.
You were being illusioned.
And shout out to Seth Green.
He recommended Franco.
If you need a great magician, call Seth Green.
He knows all of them.
Yeah.
He's very dialed in.
So that was really fun.
And then we played other games.
Poker, my new favorite game.
Uh-huh.
So that was very fun. Incredibly fun. And then we played other games, poker, my new favorite game. So that was very fun.
Incredibly fun. Oh, you know, and I had been to a party the night before and my friends, Ben and Melissa, who turned 50 and they have stayed very, very close and dialed
in with all the people I was in the groundlings with 20 years ago. Yeah. And many of them I haven't seen, some in 20 years, some in 15, 10.
But I'm talking some people I love, just love.
Fucking my friend Jim Cashman, his wife Michelle.
Nat Faxon, I hadn't seen him forever.
And we just exploded in excitement when we saw each other. It was so delightful to
know that he missed me as much as I had been missing him for the last 15 years or whatever
the hell it's been. And we just started rattling off all these stories. And I kind of forgot about
all that. I mean, yeah, we had some fun. We were young. We're early 20s we love to drink we love to play poker we got out around a town and
we just had so many fun stories to catch up on it was such a delightful night good i'm glad yeah
and what part did they block off the bar so the whole bar was the whole bar was blocked off wow
i'm glad i didn't try to go that night. I would have been pissed. Yeah.
Let me double check in my mind that that's the case.
Yeah, that was the case.
Yeah. And then there's the outdoor patio attached to the bar.
I should say that it was at Cara.
Yes.
Which is lovely.
So convenient for us that they decided to have their birthday party there.
Love Cara.
Great place.
Okay.
Jim.
Jim.
Back to Jim.
So, okay. What color is toto's gullwing mercedes from what i can tell according to the internet silver which was jim's guess
timeless james bond speaking of james bond i looked up 10 most famous movie cars of all time.
Oh, what a wonderful list for you to get because I feel like I could guess many of them.
Okay.
It's the top 10 most famous cars from TV and movies or just movies?
Movie cars.
Movie cars only.
Okay.
Well, obviously the 77 Trans am in smoking the bandit
yep what number is that that's number three number three trans am the 66 mustang fastback
from bullet ford mustang number seven does it say from bullet yeah Yeah. Uh-huh. Carrie. What was that?
57 Chevy, maybe?
It's not on here.
It's not?
Mm-mm.
Oh, my God.
Aston Martin from James Bond.
Goldfinger?
Sure, yeah.
Is that, yeah. DB7, is that what it is?
DB5.
DB5.
God.
That wasn't bad.
That's not bad.
Lotus Esprit James Bond from Octopussy.
Spy Who Loved Me.
There's a Lotus Esprit in there?
Uh-huh.
Okay, yeah, there was a Lotus a couple times in those.
Okay.
Herbie the Love Bug.
Oh, great guess.
Yes.
Nice.
Good job.
What number was that?
That's five.
Five.
The Lotus Esprit is one.
It's number one. It shouldn't be above the Trans Am, but that's great. Five. The Spy Who Loved, The Lotus Esprit is one. It's number one.
It shouldn't be above the Trans Am, but that's great.
I love that that is.
And he had one with a Yukon Jack on the top.
No, the Union Jack.
I always want to call their flag the Yukon Jack, but it's the Union Jack.
Yukon Potato.
Yukon Potato, Fingerling Potatoes, J.R. Simplot, The Potato Baron of Idaho.
Wow.
Et cetera.
Okay.
How many have we gone through so far?
Okay.
How many have we gotten? you've got number one,
you've got number three,
you've got number five,
you've got number seven and number eight.
I'm only halfway through.
Well, then we're counting Rob's.
I counted it.
Okay, so I've only gotten four.
Okay, okay.
I hate to think the Fast and Furious movies are on there.
Probably.
Or like the Shelby from Gone in 60 Seconds.
Great.
Eleanor.
Yep.
Mustang Shelby.
No.
No.
But yes to Fast and Furious.
Dom's Hemi.
Does he have a Charger or Challenger?
His Challenger.
Dom's Challenger.
Toyota Supra. Okay. Okay. Number four. challenger his challenger dom's challenger toyota supra okay okay uh number four that was number two
fast and furious three smoking the bandit the 1967 lincoln continental from hit and run
no sorry that's a misfire though um the number four is the delorean dmc 12 of course i should DeLorean DMC-12. Of course. I should have got that. Driving Miss Daisy car.
Cadillac.
There is a Cadillac, number six.
Oh, then let me guess what movie.
Pink Cadillac?
Clint Eastwood?
No.
Okay, a different Cadillac.
What is it?
Ghostbusters.
Oh, the Hearst.
Cadillac Hearst.
Cadillac Miller Meter.
So then the Blues Brothers car, is that on there?
Oh, wow.
That Plymouth.
You only have two left.
Do you think I could get them?
Are they movies you recognize?
Yeah.
Really?
One of them you should get.
Really?
Yeah.
Oh.
What era?
80s.
80s.
Not from Cannonball Run. Ho another trans am no uh everyone's seen this movie it's not a car movie okay it just has a very famous car in it goonies car no like the car
is a part of the movie yes yes i feel you like feel you. Like Back to the Future. Yes. It's not a car movie, but that's a very instrumental.
So 80s with a car.
I think 80s.
Yeah, 80s.
I give up.
What is it?
Ferris Bueller.
Oh, the Ferrari 64, Ferrari GTO?
Ferrari 250 GT California Spider.
250 GT, okay.
Okay, last one.
What year was it?
What year?
It doesn't say oh okay um last one
this is a very fun list i'm very happy you made yeah this is fun last one is a movie
that i loved this movie that's a good sign um good will haunting harry potter
this movie that's a good sign um good will haunting harry potter yeah the the car the train in the whomping willow that crashes um no this is a heisty movie oh italian job the little mini
cooper good job good job could have been the minivan from The Town as well. You like Ben Affleck.
The Town.
That's not as big of a movie.
Right.
These are big boy movies.
Big boys.
Seth Green, ding, ding, ding.
The minivan from that carpool movie with Tom Arnold and Arnold Schwarzenegger.
Well, Tom Arnold, ironically, listen to this.
You don't even know what a big ding, ding, ding you just did.
We had the minivan from The town, the actual picture car.
It had a V8 and it was rear wheel drive.
It had been built for that movie.
And there was a bunch of gunshot, you know, like not gunshot, but from the blanks burning
the headliner in it from that movie, that huge shootout inside of it.
And Tom Arnold drove it in hit and run.
Oh, no way.
Clay Cullen jumped that minivan about 140 feet in hit and run.
It was a very impressive jump.
Okay.
So how much did Drive to Survive increase viewership?
Yeah.
I've looked this up.
This is hard to find.
It is kind of hard.
Okay.
Let's see.
The analysis, which looked at F1 viewership during three specific periods, found that more than 360,000 viewers who didn't view F1 in the latter part of the 2021 season watched F1 racing in 2022.
Mm-hmm.
So that's after watching Drive to Survive.
Yeah, I've seen numbers that are like suggest maybe a 60 plus percent.
It used to be that the viewership i only know in the states the
viewership was around 400 000 now it's about a million yeah a million people in the u.s are
watching the races and then globally it's just 50x that right much bigger than every other country It says averaging 946,000 viewers per race.
The 2021 Formula One viewership was up a phenomenal 41% compared to the 2019 racing season and 56% compared to 2020.
41% up and 60% up.
Okay, great. Okay, so I looked up.
So Ferrari has 39 victories at Le Mans, including 29 class wins.
That's a lot.
Hell yeah.
I think it's only 100 and some years old, the race.
It's almost 40% of all races they've won.
That's a lot.
Yeah.
Okay, Tesla sold 1 million cars and ford sold
4 million last year that's what you said this is crazy is 748.3 billion
ford's value is 47.63 billion yeah so like 20x it's a lot it's crazy and that former tesla market
cap i think was a trillion. Oh, my God.
At one point.
I don't ever want any industry to fail, nor do I want anyone starting a company that's trying their hardest for it to fail.
But a lot of stuff happening in the electric world right now.
They're calling it the bursting of the electric bubble.
Okay.
It's hit China the hardest.
Like 14 or so electric companies have gone out of the business in the last year.
They have this huge stockpile of all these electric cars no one wants. There's been like 14 or so electric companies have gone out of the business in the last year.
They have this huge stockpile of all these electric cars no one wants.
Tesla's cut their prices enormously in China to get rid of all these ones they have over there.
There's a lot going on right now.
A, they made a bazillion of them.
They forecasted there would be this demand, and apparently that demand has slowed, obviously.
Some people don't like them.
But in California, we're going to be obligated to buy them in however many years, and I feel like that's most places are heading in that direction, so I'm surprised.
People will not like this, and I'm not saying I think this should happen, but I'm predicting that will be repealed.
Everyone's forecast that we were going to be 100% electric at some point.
Most smart people and even many world leaders are now acknowledging that's never actually going to be the case.
There's going to be some mix.
And there's also going to be like a complete reinvestment in the hybrid technology where you have some small gas engine and you have electric.
Yeah.
Yeah.
I don't know.
My next car will be electric for sure. Yeah it should be you drive 10 miles you live in a warm state yeah yeah there's no for you none
of the challenges of electric are here well i drive more when i go on vacation you do where
do you go to what's the farthest you drive palm springs let me ask What's the farthest you drive? Palm Springs? Let me ask you, what's the farthest you've driven for vacation?
Yeah.
Palm Springs, probably.
Yeah.
Well, yeah, Palm Springs in traffic, which is four plus hours.
Right, but about 130 miles, which all these cars have a range of at least 200.
Yeah, you would fly anywhere beyond that.
Like, you wouldn't drive to Phoenix.
You would fly there. You're not going't drive to Phoenix. You would fly there.
You're not going to drive to Vegas.
You would fly there.
Oh, we drove to Vegas once.
You did?
Yeah.
Who's we?
Me and Rachel.
Oh, fun.
Did you have fun?
Yeah.
It was a long time ago at this point.
What did you guys do when you got to Vegas?
We gambled.
Okay.
What game were you playing?
We played-
Blackjack?
A little and craps. I always don't know if it's. Blackjack? A little and Craps.
I always don't know if it's Craps or Crabs.
It's Craps.
That's what I thought, but it sounds wrong when I'm saying it.
Well, Crap is a poop.
Yeah.
But Crabs is a STD.
Right.
So.
STI.
Pick your poison.
Pick your poison.
In that case, I'd rather have poop.
Poop.
Yeah, because you can get rid of poop very quick.
Poop.
I've never had Craps, shockingly. Yeah. I should, because you can get rid of poop very quick. I've never had crabs, shockingly.
Yeah.
I should have got them at some point.
I didn't.
Let's see.
I think that's...
That's the whole kit and caboodle?
Sure is.
Oh, my God.
Jim was lovely.
I really enjoyed him.
He is so lovely.
I wish I'd met him before, but I walked him out to the curb back to his Ford Lightning pickup truck that he's doing his road trip in.
And I met his boy.
Yeah.
He was like 15.
So sweet.
I think it's so sweet that he's got his boy with him on this trip.
It's nice.
It's really nice.
It makes me like him that much more.
Yeah.
And his dad's just a goofy dad.
You know, he's like, it's not like he looks at his dad and sees the CEO of Ford.
Oh, yeah.
He's just like, oh, my dad wants to be on this fucking truck trip.
But also, I don't think he feels like a CEO of that caliber.
Like, he's so easy to talk to and down to earth.
I mean, I think he's a great CEO for Ford.
It's very, like. Yeah, he's a perfect ceo for ford it's very yeah he's a perfect
fit yeah and such a car lover i think that's the i think i think there's been a lot of ceos of car
companies that aren't actually nuts about cars right and i think you can only do so well if you
don't understand like the the fucking dna of what the lust is yeah that's true you know i think a lot
of people are approaching these companies like they're tech companies or something well and then
more and more so i guess but yeah they're trying to sell fucking subscriptions to everything drives
me nuts wait what a lot of these companies they're putting in their infotainment systems all these
inevitable upgrades that'll happen and so you subscribe so that you'll get these upgrades these companies they're putting in their infotainment systems all these inevitable
upgrades that'll happen and so you subscribe so that you'll get these upgrades tesla does
them like they'll better their self-driving software and then they can beam it to your car
so it's like you have this endless subscription like you do to apple and all these other you know
that have yeah got us in these subscription models yeah their navigation too you have to subscribe to
yeah there you go
for tesla yeah on yours but you don't use it right you would just use google no you can't you have to use theirs what do you mean i think that's bogus no you can have you use your phone
yeah you can use your phone but you can't go through their system you can't make the map on
your display even there's no car there's no car play that is compatible with it oh wow
it's not for me for a lot of reasons um anywho i like my car my car is back it's gorgeous it's
back it's gorgeous again no it's not cheap uh fix well it looks flawless it looks gorgeous
it's beautiful um i got a lot of good walking in when it happened yeah that was good Well, it looks flawless. It looks gorgeous. Yeah. It is beautiful.
Oh, gee.
I got a lot of good walking in when it happened.
Yeah.
That was good.
I haven't really walked since.
Oh, wow.
Okay.
Because now it's also 100 degrees.
It's quite, it's literally 100 degrees today.
Yeah.
Too hot to walk.
I get angry too because I hike three days a week in the morning.
But this morning morning no way
too hot
too hot
dangerous
alright
well
love you
love you