Alan Diaz/AP

Ford's abrupt naming of a new CEO—James Hackett, the head of its Smart Mobility division—makes it clear that the company wants to catch up in the self-driving race. In explaining the Ford board's move, NBC aptly pointed out that Waymo is ahead of the automaker (and all other self-driving car companies, for that matter) when it comes to miles driven autonomously and a good track record of safety drivers not having to intervene in cars' operations.

Apple and oranges: But these metrics aren't the only assessment of a company's potential. What's more, the two companies are more likely to work together than to compete with each other given their respective business models and core competencies.

Since Waymo became a standalone unit within Alphabet, new chief John Krafcik made it clear that it has no plans of manufacturing cars on its own—rather, it's focused on building self-driving tech for actual automakers to eventually use. And that's not to mention all the investments Ford has already made into autonomous driving tech and companies, including LiDAR maker Velodyne, and Argo.ai, an artificial intelligence startup founded by Waymo and Uber veterans.

Bottom line: If anything, chairman Bill Ford Jr.'s comments about the need for more cost cutting and streamlining reveal the real reason: Ford needs to focus on making and selling cars at a profit.

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Updated 10 mins ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

New Zealand Prime Minister Jacinda Ardern said it's too early to say whether next month's elections will be postponed after she announced Tuesday four people had tested positive for COVID-19 after no local cases for 102 days.

Zoom in: NZ's most populous city, Auckland, has gone on lockdown for 72 hours and the rest of the country is under lesser restrictions.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 8 p.m. ET: 20,188,678 — Total deaths: 738,668 — Total recoveries: 12,452,126Map.
  2. U.S.: Total confirmed cases as of 8 p.m. ET: 5,138,850 — Total deaths: 164,480 — Total recoveries: 1,714,960 — Total tests: 63,252,257Map.
  3. States: Georgia reports 137 coronavirus deaths, setting new daily record Florida reports another daily record for deaths.
  4. Health care: Trump administration buys 100 million doses of Moderna's coronavirus vaccine.
  5. Business: Moderna reveals it may not hold patent rights for vaccine.
  6. Sports: Big Ten scraps fall football season.

Voters cast ballots in Minnesota, Georgia, Connecticut, Wisconsin and Vermont

Photo: Spencer Platt/Getty Images

Primary elections are being held on Tuesday in Minnesota, Georgia, Connecticut, Vermont and Wisconsin.

The big picture: Georgia and Wisconsin both struggled to hold primaries during the coronavirus pandemic, but are doing so again — testing their voting systems ahead of the general election. Rep. Ilhan Omar (D-Minn.) is facing a strong challenger as she fights for her political career. In Georgia, a Republican primary runoff pits a QAnon supporter against a hardline conservative.