Legacy

“Legacy Automakers Must Embrace Startup Mentality: Ford Faces Yet Another Delay for New Electric Vehicles”

Tesla Ford Charger
Ford announced Thursday that it’s delaying the production of two electric vehicles, a next-generation EV pickup and a three-row EV SUV. Most recently, that startup mentality was on display with the Mustang Mach-E, Ford’s all-electric crossover. The result was a crossover that has helped Ford claim second place in U.S. EV sales for several quarters in a row. And don’t forget the original Ford assembly line, which while not a product, was definitely a product of entrepreneurial thinking. Ford has excelled at those tasks: The Mustang Mach-E and the F-150 Lightning are by most accounts not just excellent EVs, but excellent vehicles overall.

: Twilio’s Impact: Beyond a Few Tough Financial Periods, Jeff Lawson’s Lasting Influence

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Twilio’s CEO and co-founder, Jeff Lawson, is stepping down from his role and his seat on the company’s board, following months of pressure from activist investors and several quarters of slowing revenue growth. Khozema Shipchandler, Twilio’s president and a former GE denizen, is taking over as CEO. While the timing of the move was a surprise, it’s not a massive shock to see Lawson heading for the exits. Investors have long made clear their discontent with Twilio’s recent performance, and at some point, either the results improve or something changes at the top. First, activist pressure on companies is not something that can always be ameliorated by a board shakeup or smaller changes to operations.