Why EV Demand Is Stronger Than It Looks

Tesla is tripling AI spending to $25B as its robotics ambitions ramp up, while EV sales send mixed signals. TD Cowen’s Itay Michaeli joined Bloomberg Open Interest to explain why...

By Bloomberg Markets · Bloomberg Markets

Tesla is tripling AI spending to $25B as its robotics ambitions ramp up, while EV sales send mixed signals. TD Cowen’s Itay Michaeli joined Bloomberg Open Interest to explain why demand may be stronger than it looks, why losing tax credits hurt more than high gas prices helped, and how upcoming EV launches could spark the next surge. (Source: Bloomberg)