Bloomberg Businessweek

EVs, Big Pharma, Tech and the Tariff Threat

12 snips
Apr 1, 2025
Sean Tucker, Editor at Kelley Blue Book, discusses Tesla's declining sales and the challenges of its aging lineup amid rising competition. Brad Carson, former congressman, explores the ramifications of tariffs on AI infrastructure and the tech sector, while highlighting cybersecurity concerns. Ross Mayfield, investment strategist, analyzes current market uncertainties, emphasizing a focus on high-quality stocks as investors navigate a potential recession. Together, they provide insights into the rapidly evolving landscape of electric vehicles, technology, and the impact of tariffs on various sectors.
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INSIGHT

Tesla's European Decline

  • Tesla sales in Europe have dropped significantly, while overall EV sales are rising.
  • This suggests Tesla's popularity might be waning due to aging models and increased competition.
INSIGHT

Aging Lineup

  • Tesla's lineup is aging, with some models dating back to 2012.
  • This lack of innovation, combined with rising competition, poses a challenge for Tesla's future growth.
ANECDOTE

Self-Driving Experience

  • Sean Tucker, after experiencing a self-driving car, feels they are safer than human drivers.
  • He points out that many human drivers are distracted by their phones, unlike attentive self-driving systems.
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