Ford Tesla Model X

Ford Tesla Model X, Ford Motor Company (NYSE:F) allegedly paid big bucks to own one of the aboriginal of Tesla Motors' (NASDAQ:TSLA) new Model X SUVs. According to a Bloomberg report, the Blue Oval paid $199,950, some $55,000 over the sticker price, to buy the 64th Model X built.

Is this affirmation that Tesla has gotten central Detroit's aggregate heads?
Ford Tesla Model X

Why Ford was acquisitive to own a Tesla

According to the Bloomberg report, the Model X in catechism was bought by a Tesla Model S buyer who had been adored for apropos added buyers to the Silicon Valley automaker with a adventitious to buy an aboriginal Model X. He did so, and anon resold the car to a banker in Chicago. From there, it begin its way to a Michigan dealership that awash it to Ford.

But why would Ford wish a Model X so abominably that it was accommodating to pay a huge premium?

The acknowledgment is that it's absolutely accepted for an automaker to buy important new articles from rivals, even if the automaker has to pay added to do so. It's a safe bet that Ford has already put its new Tesla through a array of tests to see how it performs, and to accept how it was built.

Key Ford admiral and engineers accept apparently spent time active the Tesla. Ford engineers may accept even taken the new electric SUV afar and put it aback calm again. (If not, they will.)

Ford CEO Mark Fields said, at one point, that the Blue Oval had done absolutely that with a Model S. And it's a safe bet that General Motors (NYSE:GM) and added big automakers are accomplishing abundant the aforementioned affair with the latest Tesla. (And that's apparently why Ford was accommodating to pay a big exceptional for an aboriginal car -- because it knew that rivals would be searching to do the aforementioned thing, and it didn't wish to be behind.)

It's not just about Tesla. This is accepted convenance in the auto industry with any absorbing new product. Ford has apparently taken afar one of the latest Chevrolet Corvettes, too, forth with a new-for-2016 Toyota Prius, and apparently lots of added competitors' vehicles, as well. And it's a abiding affair that GM had a few Ford Mustangs about while it was developing its new Camaro, and that Toyota's amalgam experts accept spent some time in, around, and beneath the latest Chevy Volt.

This affectionate of affair has been accident for decades. I bethink account that GM engineers had bought several big-ticket European affluence cars in adjustment to appraise their front-suspension designs while engineering a new Cadillac -- in 1930. And likewise, added recently, Mercedes and BMW engineers accept apparently spent time with a Cadillac CTS (and with Teslas, too).

The upshot: Not abundant to see here

It's a fun story. And it's fun for Tesla admirers to see that Detroit is searching to apprentice from the cipher Silicon Valley automaker. But the takeaway is that this affectionate of affair happens all the time, for competitive-intelligence affidavit -- and sometimes, just out of curiosity. There's absolutely not abundant to see here.
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