Ford CEO and Jim Cramer weigh in on Tesla and Ford stock value.

Ford CEO Jim Farley dismissed Tesla Cybertruck as “a cool high-end product parked in front of a hotel” rather than “a truck for real people.” He claimed that Ford’s charging network was already extensive before adopting Tesla’s NACS connector. Farley said that he makes trucks for real people who do real work, and that’s a different kind of truck. Tesla is expected to launch the Cybertruck toward the end of September and ramp up production in 2024, competing against Ford’s best-selling F-150, including the all-electric F-150 Lightning.