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Are Elon Musk And Tesla Giving Up on EVs?

DeFi Daily News by DeFi Daily News
April 16, 2025
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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

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#cnbc #tesla #musk
Are Elon Musk and Tesla giving up on EVs?

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Tags: aiauto stocksautopilotBYDChina EVelectric vehicleElonelon muskevEVsFordFSDfull self drivingGeneral MotorsGivingMuskoptimus robotRoboticsself driving carsTesla
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