
Articles
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1 week ago |
cnbc.com | Robert Ferris
In just a decade, Tesla grew its electric vehicle sales from 32,000 units to 1.8 million — making it, for most of that stretch, the world's largest seller of pure EVs. But while it was aggressively ramping up EV production, the company was also changing its mission. In 2006, CEO Elon Musk said Tesla's purpose was to transition the world from fossil fuels to solar power and EVs. In recent years, Musk has turned his focus elsewhere.
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1 week ago |
cnbc.com | Robert Ferris
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailWhy investors are divided on Tesla's turn to robots and self-driving carsTesla is one of the largest EV makers in the world, but the company seems to have changed its mission. CEO Elon Musk has invested billions into autonomous cars and humanoid robots - $10 billion into autonomy and driver assistance alone.
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2 weeks ago |
cnbc.com | Robert Ferris
Chinese automaker BYD is rapidly seizing the title of the world's leading name in electric vehicles. It passed Tesla in global revenues in 2024 — though it sold slightly fewer EVs. Including hybrids, BYD's volume is about twice that of its American rival. Shares are up more than 40% since the beginning of 2025. Tesla's have declined by roughly the same amount in the same period.
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2 weeks ago |
flipboard.com | Robert Ferris |Jason Reginato |Tala Hadavi |Darren Geeter
16 hours agoAI is becoming a part of our daily lives. To stay on top of dinner conversations, here are the important terms you need to know. Given that more than half of Americans regularly use AI, it's quickly becoming a normal part of our daily lives. ChatGPT, Google Gemini and Microsoft Copilot are pushing …
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2 weeks ago |
cnbc.com | Robert Ferris
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailWhy some EV researchers are skeptical of BYD's fast charging techChinese auto maker BYD's new 5-minute EV charging technology might be one of the biggest breakthroughs the industry has seen so far. But experts say there's reason to temper enthusiasm. Still, BYD has gone from low-cost battery maker to global automotive giant in a short time.
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