Tesla is one of the largest EV makers in the world, but the company has changed its mission. CEO Elon Musk has invested billions into autonomous cars and humanoid robots – $10 billion into autonomy and driver assistance alone. Bulls say this is Tesla’s future and without it the company’s current share price is overvalued. Bearish investors say Tesla has abandoned its original mission and that these new initiatives won’t pay off.
Chapter 1: Tesla’s original master plan – 2:06
Chapter 2: Changing mission – 04:33
Chapter 3: Technical challenges – 06:36
Chapter 4: Business case – 09:52
Chapter 5: Back to EVs – 12:18
Producer: Robert Ferris
Editor: Darren Geeter
Animation: Jason Reginato, Andrea Schmitz
Camera: Jordan Smith
Senior Managing Producer: Tala Hadavi
Additional Production Support: Lora Kolodny
Additional footage: Getty Images, Tesla
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Do you want a new career that’s higher-paying, more flexible or fulfilling? Take CNBC’s new online course – How to Change Careers and Be Happier at Work. Pre-register today and use coupon code EARLYBIRD for an introductory discount of 30% off $67 (+taxes and fees) through May 13, 2025: https://cnb.cx/4igNyqZ
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#cnbc #tesla #musk
Are Elon Musk and Tesla giving up on EVs?
Author: CNBC
Go to Source
News post in April 16, 2025, 6:03 pm.
Visit Our Sponsor’s:
News Post In – News
