Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

• BYD is offering a self-driving feature for all. That could be trouble for Tesla.

  China EV maker BYD plans to install its self-driving technology on most cars without extra cost, and even cheaper models. Analysts say this could be another hurdle for Tesla.
  
  MarketWatch - 4h
• 

  Sam Altman Dismisses Elon Musk’s Bid to Buy OpenAI in Letter to Staff

  OpenAI’s CEO claims the company has yet to receive an official offer from Elon Musk’s team, sources say.
  
  Wired - 7h
• 

  Behind Elon Musk’s Hostile Bid for Control of OpenAI

  The tech mogul is unlikely to win. But his goal may be more about making life difficult for the A.I. start-up and its leader, Sam Altman.
  
  The New York Times - 12h
• 

  Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI, WSJ Reports

  In response to the news, OpenAI CEO Sam Altman wrote: ‘no thank you but we will buy twitter for $9.74 billion if you want’.
  
  Inc. - 1d

• Sam Altman, Elon Musk feud over OpenAI bid

  Sam Altman is reacting to Elon Musk's bid to take over OpenAI. This comes as a global race to dominate the artificial intelligence space grows. CBS MoneyWatch correspondent Kelly O'Grady reports.
  
  CBS News - 8h

• BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek's AI help

  Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD's founder and chairman Wang Chuanfu said.
  
  CNBC - 21h
• 

  Elon Musk Leads $97.4 Billion Bid to Control OpenAI

  The billionaire is leading a group of investors in the unsolicited offer, which complicates the start-up’s plan to raise more money.
  
  The New York Times - 1d
• 

  Elon Musk-led group makes surprise bid of nearly $100bn for OpenAI

  Sam Altman, OpenAI’s CEO and co-founder, responded that he would not accept and offered to buy X instead. Elon Musk escalated his feud with OpenAI and its CEO, Sam Altman, on Monday. The ...
  
  The Guardian - 1d
• 

  Sam Altman says 'no thank you' to Musk-led group's bid for control of OpenAI

  OpenAI CEO and co-founder Sam Altman appeared to shut down a reported offer from an investor group led by Elon Musk to buy the nonprofit that controls OpenAI, marking the latest back-and-forth ...
  
  The Hill - 1d

More from CNBC

• Anduril to take over Microsoft's $22 billion U.S. Army headset program

  Anduril Industries will take control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army.
  
  CNBC - 5h

• GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as 'chaos'

  CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming into the U.S. from Canada and Mexico.
  
  CNBC - 7h

• India's oil minister says 'we play by the rules,' as markets weigh U.S. energy sanctions

  "We play by the rules. If there is an international sanction, which is anchored, we would not want to go around it," the oil minister told CNBC.
  
  CNBC - 5h

• Bank stocks set to do 'pretty well' under Trump 2.0, investor says, naming his favorites

  Investor Kingsley Jones names his favorite investment bank stocks and says "Wall Street, in general, will do quite well" under Trump.
  
  CNBC - 4h

• Super Micro 'confident' it will meet SEC deadline and reach $40 billion next fiscal year

  Super Micro expressed confidence it will meet a key SEC deadline this month and hit $40 billion in revenue in fiscal 2026.
  
  CNBC - 4h

More in Business

• Coinbase’s bonds have soared since Trump’s election victory

  A member of the “MAGA Seven,” Coinbase is seeing an increase in interest.
  
  MarketWatch - 10m
• 

  Fed Chair Jerome Powell Shows Little Urgency to Lower Rates

  Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.
  
  The New York Times - 1h

• Rich retirees win if Trump ends taxes on Social Security benefits — but there are plenty of losers

  Well-off retirees stand to gain thousands of dollars in tax savings every year if President Donald Trump succeeds in his bid to exempt Social Security benefits from income taxes, while younger ...
  
  MarketWatch - 1h

• Upstart’s stock is skyrocketing. Here’s the biggest positive from earnings.

  Upstart was close to achieving profitability in the fourth quarter and expects to “at least” break even this year. That could broaden the stock’s appeal.
  
  MarketWatch - 2h

• Super Micro cuts its outlook — but there’s a silver lining supporting its stock

  Super Micro predicts far more revenue for its next fiscal year than analysts were projecting. The company also expects to submit its delayed annual filing by the Feb. 25 deadline.
  
  MarketWatch - 2h