Ford Motor Company

Remember That Time Ford Went Private? Elon Musk & Henry Ford Both Irritated By Short-Term…

Editor’s note: Below is a portion of an article published on the EVANNEX blog. While Henry Ford might not have been fighting with short sellers, oil barons, and Twitter trolls, he, like Elon Musk, was also dogged and irritated by short-term thinkers more interested in quarter-to-quarter financials than long-term vision and growth. Charles Morris relays a story about Henry Ford getting so fed up with it that narrow, near-term mindset that he took Ford Motor Company private. Musk has read up on Ford quite a bit, so perhaps this anecdote kept coming to mind as Musk verbally wrestled with analysts. Alas, it’s 2018 and the Tesla story is more complicated than the Ford story — in several ways — which has ended up dissipating the idea of Tesla going private. In any case, this comparison is a fascinating little look at the kind of thing that businessmen like Musk and Ford sometimes have to struggle with.