Tech
Why Fisker Can’t Compete With Tesla
Fisker, the EV startup founded by renowned Danish car designer, Henrik Fisker, is struggling. The Fisker name became a cautionary tale for much of the automotive world after his first company, Fisker Automotive, ended in bankruptcy. Now, he is trying again, with a new company bearing an almost identical name and logo. The company and its founder are taking steps to strengthen the financials and reputation by selling cars through dealers, by licensing technology, and negotiating a potential investment from an unnamed large automaker. But so far, executive turnover, delivery bottlenecks, cash burn and other challenges have hampered the growth the EV maker was hoping for.
Chapters:
00:46 Introduction
00:54 Chapter 1 – A tough start
06:08 Chapter 2 – Ambitious beginnings
09:02 Chapter 3 – The comeback
11:23 Chapter 4 – The way forward
Producer: Robert Ferris
Editor: Evan Lee Miller
Animation: Christina Locopo
Camera: Andrew Evers, Sydney Boyo
Additional Production: Magdalena Petrova
Senior Managing Producer: Tala Hadavi
Additional footage: Aston Martin, Fisker, Ford Motor Company, Getty Images
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Why Fisker Can’t Compete With Tesla
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Watch updates on major stock market averages and tech stocks as trade talks progress on between the U.S., Canada and Mexico.
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U.S. voters passed 40 ballot measures putting limits on AI data centers this week, as huge 1GW AI data centers from OpenAI, Meta, SpaceXAI, Amazon, Google and more push up water and power bills and put a strain on local resources. One of the issues that continues to come up is water usage, which is needed to cool the GPUs inside data centers running AI workloads. Closed-loop liquid cooling keeps water use low inside many modern AI data centers, but external cooling is still needed to move heat outside of the buildings and that requires large amounts of power or water in hot climates. CNBC visited data centers and spoke to researchers to find out the truth about how data centers use water.
Producer and Reporter: Katie Tarasov
Edited by: Erin Black, Matthew Soto
Camera: Andrew Evers
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: AMD, CoolIT, DeepX, Equinix, Getty Images, Meta, Micron, Nvidia, SK Hynix, TSMC
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The Less Water Data Centers Use, The More Power They Consume. Here’s Why
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