Haig Partners Managing Director of Strategic Advisory John Murphy joined CNBC’s Money Movers to discuss Tesla’s latest earnings and Elon Musk’s pivot away from mass-market autos toward robotics, autonomous vehicles, and AI. The conversation focused on how intensifying global competition is reshaping the EV landscape and why automakers must rationalize their core businesses to fund long-term innovation.

Key takeaways:
• Tesla is shifting strategic focus away from mass-market autos
• Robotics, autonomy, and AI are central to the company’s future
• Core auto and energy businesses remain critical funding engines
• Strategic focus will be a defining factor in long-term industry leadership