logo
episode-header-image
Sep 2024
10m 25s

Tesla’s EVs stall in China

Financial Times
About this episode

Enthusiasm about artificial intelligence masks a recession in the technology sector, and a new exchange traded fund looks specifically for ‘reject’ stocks. Plus, Google heads back to court over fresh antitrust allegations, and Chinese car buyers ditch Tesla for local alternatives.


Mentioned in this podcast:

AI exuberance masks broad weakness in tech sector, say investors 

Star manager Rob Arnott launches ETF to buy up index ‘rejects’ 

Google’s $20bn ad tech business to play for at next antitrust showdown 

Elon Musk’s China dream stalls as hybrids rush past Tesla 


The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Josh Gabert-Doyon, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com



Hosted on Acast. See acast.com/privacy for more information.

Up next
Aug 22
The return of ‘pump and dump’ stock scams
EU officials are accelerating plans for a digital euro, and the US Department of Justice has called for Federal Reserve governor Lisa Cook to be removed from her post. Plus, investors lost billions of dollars in July in what could be pump and dump stock scams. Mentioned in this p ... Show More
11m 4s
Aug 21
Can Target get its ‘swagger’ back?
Chinese regulators are pushing back against US AI chips, Target shares fell more than 6 per cent after the retail group picked an insider to be its new chief executive, and UK inflation accelerated more than expected to 3.8 per cent in July. Plus, China is making a big push for v ... Show More
11m 36s
Aug 20
What to expect from Jay Powell’s Jackson Hole speech
US tech stocks sold off on Tuesday, and Federal Reserve chair Jay Powell will be between a rock and a hard place when he delivers his speech at the Jackson Hole Economic Policy Symposium this Friday. Plus, Ozempic-maker Novo Nordisk has fallen behind its rivals. Does it have a pl ... Show More
11m 19s
Recommended Episodes
Feb 2025
SOTS 2nd Hour: M&A Under Trump, Tariff Tech Picks, & DeepSeek-ing New Funds? 2/19/25
Carl Quintanilla and Courtney Reagan broke down today’s market set-up after President Trump laid out new tariff threats for 3 key industries: Autos, Pharma, and Semiconductors. Stocks under pressure as earnings from a number of sectors disappoint: Toll Brothers results hitting th ... Show More
41m 37s
Apr 2024
Sec. Raimondo on Taiwan Semi CHIPS Act Funding, Sec. Yellen Exclusive in China, Dimon on Rates and AI 4/8/24
Carl Quintanilla, Jim Cramer and David Faber led off the show with news involving a major supplier to Nvidia and Apple. The White House announced CHIPS Act grants of $6.6 billion to Taiwan Semiconductor, for expansion of the chipmaker's Arizona plants. Commerce Secretary Gina Rai ... Show More
42m 32s
Jun 2024
When Will America Get Its $25,000 Electric Car?
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Auto Reporter Keith Naughton shares his insight on EV makers targeting a $25,000 car for US drivers. Bloomberg News Power and Renewable Energy Editor Will Wade discusses Bill Gates saying he’s re ... Show More
53m 23s
Feb 2025
Altman Pushes Back on Musk’s OpenAI Bid
A.M. Edition for Feb. 11. The EU pledges $200 billion in AI spending to try and catch up with the U.S. and China in the race to develop the most complex AI models. WSJ tech reporter Sam Schechner, attending an AI summit in Paris, says world leaders are vying for a piece of the AI ... Show More
13m 52s
May 2024
First Day of Trading for Chinese EV Maker Zeekr
 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Equity Capital Markets Reporter Amy Or and Bloomberg Intelligence Global Autos Analyst Steve Man discuss the first day of trading for Zeekr Intelligent Technology Holding, the high-end electric ... Show More
52m 39s
Jan 2025
Deepseek Offers Lower-Cost AI Model
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Intelligence Senior Technology Analyst Mandeep Singh discusses Deepseek, a Chinese AI startup, that has demonstrated breakthrough AI models offering comparable performance to the world's best chatbots ... Show More
55m 24s
Jul 15
Nvidia to Resume AI Chip Sales to China
A.M. Edition for July 15. Nvidia says it’s received assurances it can sell its H20 AI chips in China, days after CEO Jensen Huang met President Trump. Beijing bureau chief Jonathan Cheng breaks down how the announcement could tie into broader U.S.-China trade talks. Plus, bank ea ... Show More
13m 31s
Jan 2025
Bot against America: a Chinese AI jolts markets
Silicon Valley firms have poured billions of dollars into artificial intelligence. But a new cheap AI model from DeepSeek, a Chinese start-up, has sent shockwaves through the stockmarket. Our correspondent explains why investors are rattled. Canada’s remote indigenous communities ... Show More
24m 41s
May 28
Robots
There’s a global race for robot supremacy. From Shanghai to Silicon Valley, companies are trying to develop humanoids that can take on physical work. China is emerging as a major player thanks to abundant government support. Host Carmel Crimmins talks to Brenda Goh, Reuters burea ... Show More
20m 10s
Jan 2025
The inside tip on how Tesla CEO Elon Musk is able to deliver on his big ambitions
The venture capital industry has no shortage of ideas right now in the AI space. Companies specializing in everything from mobility to software to chip design are trying to cash in on the AI boom, and VCs are aiming to be there to grow entrepreneurs and drive returns for their in ... Show More
26m 16s