KEY POINTS
  • The designation is further validation of Ford CEO Jim Farley's belief the company can not only compete with Tesla but also beat Elon Musk when it comes to EVs.
  • Consumer Reports says reliability data it has collected shows the Mach-E has very few problems, so far. 
  • That data, along with owner reviews and testing conducted by the nonprofit group, prompted Consumer Reports to make the Mach-E its "Top Pick" for an electric vehicle.

Ford's Mustang Mach-E, the automaker's bold bet to lead its transformation into selling more electric vehicles, replaced the Tesla Model 3 as Consumer Reports' "Top Pick" for an electric vehicle in 2022.  

The designation is further validation of CEO Jim Farley's belief Ford can not only compete with Tesla but also beat Elon Musk when it comes to EVs.