No, Elon Musk did not buy Ford Motor Co.


Elon Musk photo from Germany Tesla factory March 22, 2022
Elon Musk attends the opening of a Tesla factory in Gruenheide, Germany, March 22, 2022. Musk bought X, formerly Twitter, in October 2022. (AP)

Has Elon Musk added the iconic car maker Ford Motor Co. to the list of companies he owns? 

“Elon Musk surprises the world with Ford acquisition,” several Facebook posts said. “In an unexpected move, Elon Musk has announced the acquisition of the iconic Ford automotive brand, marking a milestone in the automotive industry.” The posts feature an image of Ford CEO Jim Farley and Tesla CEO Musk, shaking hands with the Ford company logo behind them.

We found similar claims on Instagram and X.

The Facebook post was flagged as part of Meta’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with Meta, which owns Facebook, Threads and Instagram.)

We fact-checked a similar claim in Spanish and Ian Thibodeau, a Ford Motor Co. spokesperson, told PolitiFact for that story that “this viral post is completely false.” 

We also found no announcement on Ford’s website or social media accounts announcing a Musk acquisition. No such announcement on Musk’s X account either, where he frequently shares news about his companies.

False graphic Elon Musk buys Ford
Figure 1: False graphic Elon Musk buys Ford
(Facebook post screenshot.)
 
Ford and Tesla signed a May 2023 agreement that allows Ford electric vehicle owners to use Tesla’s Supercharger network. But that doesn’t mean Musk bought Ford. 

As for the image included with the claim of Musk and Farley shaking hands, Siwei Lyu, a University of Buffalo expert in digital media forensics, told PolitiFact it is fabricated.

“This image is clearly AI-created — as Musk’s right hand has six fingers! It is likely created from the recent AI generation models,” Lyu said.

The claim likely originated from a Sept. 16 YouTube video on a channel called Elon Musk Rewind. The account’s description says its videos contain unverified information and “should not be taken as endorsed facts.”

We rate the claim that Musk bought Ford False.

PolitiFact Staff Writer Maria Briceño contributed to this report.

By
November 14, 2024

Truth-o-meter Ruling

False

IF YOUR TIME IS SHORT

  • There have been no announcements by Ford Motor Co. or Tesla CEO Elon Musk about Musk acquiring Ford.

  • A Ford spokesperson told PolitiFact the claim is false.

  • The claim likely originated from a YouTube account that labels its content as unverified and says its information "should not be taken as endorsed facts."

Statement

"Elon Musk surprises the world with Ford acquisition."

Context

a post

Speaker/Target

Statement Date

November 7, 2024
Our Sources

Facebook post (archived link), Nov. 7, 2024

PolitiFact, No, Elon Musk no compró la compañía de carros estadounidense Ford, Nov. 11, 2024

X, Elon Musk, accessed Nov. 14, 2024

Ford Authority, No, Elon Musk Is Not Acquiring Ford Motor Company, Nov. 8, 2024

Ford, Ford EV Customers To Gain Access to 12,000 Tesla Superchargers; Company to Add North American Charging Standard Port in Future EVs, May 25, 2023

Ford, Ford Customers Can Now Charge on Tesla Superchargers in U.S., Canada, Feb. 29, 2024

CNBC, Ford EVs will use Tesla charging tech in surprise partnership between rival automakers, May 26, 2023

X, Ford Motor Company, accessed Nov. 14, 2024

Ford, Ford Newsroom, accessed Nov. 14, 2024

YouTube, Elon Musk Rewind (archived link), Sept. 16, 2024 ​

Translations

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