And even your next guest is not so sure Musk can pull that off. Tim Higgins, a business columnist at the Wall Street Journal, CNBC contributor, by the way, literally wrote a book on Tesla and Musk called Power Play, Tesla, Elon Musk, and the bet of the century. Tim, welcome.Maybe you need to rewrite like the second book. Maybe this is the bet of the century because $1 trillion even by Musk standards is big money. >> Absolutely.And Musk is talking about how this is a new era, a new book for Tesla going forwa ...

Core Viewpoint - The article discusses Elon Musk's ambitious vision for Tesla, transitioning from a car manufacturer to a robotics company, which involves significant financial stakes and technological challenges [2][8]. Group 1: Tesla's Vision and Goals - Musk aims to redefine Tesla as a giant robotics company, moving beyond its traditional identity as a car manufacturer [2]. - The target of producing 20 million vehicles annually is seen as potentially achievable based on current sales rates [3][6]. - Analysts project Tesla may sell approximately 1.6 million cars this year, with expectations of increasing sales to 2.5 to 2.7 million next year, and reaching three to four million in subsequent years [6]. Group 2: Robotics Development - Currently, Tesla has not delivered any humanoid robots, although development is ongoing [5]. - Experts suggest that significant advancements are needed before humanoid robots can be safely deployed in homes, indicating a long development timeline [3]. Group 3: Investor Sentiment and Company Direction - A recent vote showed 75% support for Musk's pay package, reflecting investor confidence in his vision for Tesla's future as a robotics company [7][9]. - Investors are aware of Musk's distractions with other ventures like XAI and SpaceX, but they are betting on the transformative potential of Tesla's new direction [8].

It's a technological pipeline that's been flowing for decades, turning the weekend's racing innovations into Monday's automotive breakthroughs. And it's a huge part of why F1 remains so fruitful for Ferrari. In the 1960s, Ferrari's V12 engines developed in F1 competition became the beating heart of legendary road cars like the 250 GTO and Daytona.The aerodynamic features developed for their racing prototypes at Le Man helped shape the sleek bodywork of supercars throughout the 1970s. And in the 80s, the car ...

Industry Trend - The automotive industry is seeing increased adoption of electric vehicles for law enforcement [1] Vehicle Information - BMW i4 is being used as a police car in Rome, Italy [1]

Industry Commentary - The industry highlights skepticism surrounding Elon Musk's ventures into rocket companies, electric car companies, and political parties [1] - The industry suggests a pattern of doubt regarding innovative or unconventional business endeavors [1]

you know what. When you look at it, who wants not everybody wants an electric car. >> Well, today's move has dropped Tesla's market cap below the $1 trillion mark.It's now the worst performing mag seven stock of the year. But joining us now is Craig Erwin from Roth Capital Partners. Craig, your response to what we've seen and how it's playing out in Tesla's stock, especially as we do see the removal of these subsidies, which Elon Musk has actually been pretty vocal in saying he was okay, at least earlier in ...

🚨NEWS: The new Model Y was Australia’s top-selling electric car in May 2025 by far.Tesla’s still dominating the EV race down under. https://t.co/KJPeROhtZ3 ...

Market Performance & Competition - BYD's performance is outstanding in top auto markets like the UK, Germany, Spain and Italy [1] - Tesla is experiencing double-digit sales declines in the French and German markets [1] - BYD is attracting customers from various premium car brands [2] - Competition involves duplicating successful models, leading to potential price wars [12] - The company believes that the price war in China is unsustainable [14] - Europe requires service, trust, and financial capability, making it a more mature market than China [14][15] Product & Technology - BYD offers a wider range of models (7-9) compared to Tesla [3] - The DMI (Do More Intelligent) technology allows for 80-120 kilometers per charge in daily use and 1080 kilometers per tank of gas for long distances [3][5] - BYD's technology enables a "first baby step" for ICE car users to experience electric cars [5] Investment & Strategy - BYD is investing heavily in component production in Europe and potentially battery cells in the long term [6] - Over €3 billion has been invested in Hungary for facilities, including component manufacturing [8] - An additional €700 million has been invested in the India Center in Budapest [8] - The company anticipates billions of dollars in investment in Europe over the next ten years [8] - The company's strategy and technology decisions are not impacted by short-term political factors like tariffs [9] - BYD prioritizes vertical integration, producing 70% of components in-house, minimizing the impact of supply chain disruptions [11]