Two decades ago, a California company called Tesla Motors almost single-handedly created the electric vehicle as we now know it. Elon Musk’s company has dominated the industry across the globe ever since. But last year, for the first time in a long time, the world’s biggest seller of EVs wasn’t Tesla. It was the Chinese auto giant BYD.
The secret to BYD’s success is simple: The company makes high-tech electric and hybrid cars and sells them at incredible prices.

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At a rally in Detroit earlier this month, Donald Trump told the crowd that his upcoming speech at the World Economic Forum would tackle one of his core issues: affordability. But the address he delivered in Davos yesterday was not quite what he’d telegraphed.
In what my colleague David A.

Updated with new questions at 4:40 p.m. ET on January 22, 2026.
In Princeton, New Jersey, a short stroll from the university you have heard of, there lies a little campus home to the Institute for Advanced Study. It was founded in 1930 not to confer degrees nor—God forbid!—to make money, nor even to conduct research toward any end in particular. The institute proclaims that its purpose is “the pursuit of knowledge for its own sake.

Yesterday afternoon, Donald Trump announced that he had “formed the framework of a future deal” with NATO Secretary-General Mark Rutte, raising hopes in Europe that the Greenland crisis may have reached an end. The framework reportedly respects Denmark’s sovereignty over Greenland and focuses instead on beefing up America’s military presence in the territory, reaching a deal on crucial minerals, and increasing cooperation on both Arctic security and Trump’s Golden Dome missile-defense system.

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Even before the legendary gunslinger Wild Bill Hickok was shot dead holding aces and eights at a Deadwood poker table, the practice of gambling—as a pastime and an enterprise—has been bound up in American identity.
But for as long as some Americans have loved gambling, others have judged it.

Benni Schmidt Pedersen lives on a small farm in Denmark, where it’s quiet and he can hear if anyone is coming down the gravel road to his home. He’s stricken with PTSD from his time as a soldier in Afghanistan, where five members of his 130-person company died in the American-led war against the Taliban.
I called him today to read him a quote from President Trump about America’s NATO allies: “We’ve never needed them,” Trump said in a Fox Business interview at the World Economic Forum, in Davos.