Are Elon Musk And Tesla Giving Up on EVs?

Video Description

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?