Latest news with #BYDSealion7Excellence
Yahoo
3 days ago
- Business
- Yahoo
Why AI is primed to be a huge benefit — and a major liability — for consulting's Big Four
This post originally appeared in the BI Today newsletter. You can sign up for Business Insider's daily newsletter here. Welcome back to our Sunday edition, where we round up some of our top stories and take you inside our newsroom. Elon Musk's foray into politics was the final straw for Mahican Gielen. She traded in her beloved Model 3 for a BYD Sealion 7 Excellence. She said she's overall happy with her new purchase, but there are a few Tesla features she misses. On the agenda today: There's a CEO succession crisis brewing. The death of sneaky fees. Apple is the worst-performing Mag 7 stock in 2025, but it could be a good time to buy. Former Target superfans shared with BI why they don't love the retailer anymore. But first: AI meets the consulting giants. If this was forwarded to you, sign up here. Download Business Insider's app here. If you've read BI lately, you know AI is proving to be an asset and a risk for the consulting industry. Several months ago, we asked Polly Thompson in London to take on coverage of the the Big Four: Deloitte, PwC, EY, and KPMG. She immediately zoned in on this tech and how it is poised to help — and disrupt — these massive firms. I chatted with Polly to find out more. Polly, how do you size up AI adoption inside the Big Four? Is it more hype and hope, or embrace and happening? Big Four firms are resting their futures on AI and have poured billions into developing in-house solutions. Employees don't have much choice but to embrace it — the messaging is to learn AI or get left behind — and their Fortune 500 clients will be following their lead. We'll see how quickly their efforts generate returns. Tell us more about how AI is both an opportunity and, in some ways, an existential threat. Consultants specialize in guiding companies through transformations, which means AI presents plenty of opportunities for the Big Four. They face a balancing act between meeting that demand and handling the massive upheaval that AI will bring to their operating models, leadership structures, and job roles. What have you been learning about smaller consulting firms challenging the bigger rivals? Midsize firms are in a sweet spot right now. Consultants increasingly are expected to become specialized and offer deep sector expertise — a demand many of these firms already fill. AI is also poised to help boost their productivity and widen their reach without the need to invest in a vast workforce. They see this as their opportune moment. That said, the midsize firms I've spoken to aren't aiming to be the next Big Four. What are the other top-of-mind topics in your coverage? I want to dig into how these industry shake-ups affect employees at every level of the chain. How should firms train junior employees as AI takes on more? Why are some execs shunning high-paid partnerships? Is there a tech talent war coming at the Big Four? If anyone wants to reach out to me about those questions, email pthompson@ The number of CEO changes for S&P 500 companies is on pace to reach 14.8% this year. With turnover up, BI spoke to corporate observers about how the search for new leaders is getting messy. Poor succession planning, job-hopping, and cuts to middle management are damaging the pipeline. Despite the headache, companies aren't settling, either. "The musical chairs is broken." On May 12, a bipartisan-supported FTC rule cracking down on unfair and deceptive fees went into effect. You can now behold the glory of all-in pricing when you peruse Airbnb, Ticketmaster, or StubHub. Some companies are trumpeting the news, even though showing costs up front wasn't their idea. BI's Emily Stewart took the new rule for a spin. She said it's pretty awesome. The iPhone maker is the worst-performing Magnificent 7 stock in 2025, with shares down 20% year-to-date. One reason for the decline is the trade war, since most iPhones are assembled in China. President Donald Trump even singled out the tech giant over the issue. Regardless, many Wall Street analysts and investors remain optimistic about Apple's future. To buy — or not to buy — the dip. Target used to have a dedicated following of customers that treated shopping there as more of a pastime than an errand. In 2025, that's all changed. The retailer's sales, foot traffic, and popularity have plummeted thanks to a DEI messaging fumble, declining in-store experience, and greater industry-wide headwinds. Why former fans are disillusioned. This week's quote: "Employee surveys mostly seem like a way for the executive suite to pat themselves on the back." — Nick Gaudio, creative director at chatbot startup Manychat, on the rise of employee satisfaction surveys. More of this week's top reads: Getting divorced is even harder for millennials than it was for boomers. The TACO trade is the new Trump trade. Here's what to know about the meme ruling the stock market. Middle managers, beware: The Great Flattening layoff trend has moved beyond Big Tech and into retailers like Walmart. General Catalyst's Hemant Taneja is trying to redefine venture capital — and baffling the industry. What did tech CEOs get for pivoting toward Trump? Amazon's sprawling warehouse robot factories offer a glimpse into modern US manufacturing. Anthropic CEO says AI could wipe out half of all entry-level white-collar jobs. Meta is working on plans to open retail stores, internal communication shows. The BI Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Grace Lett, editor, in Chicago. Amanda Yen, associate editor, in New York. Lisa Ryan, executive editor, in New York. Elizabeth Casolo, fellow, in Chicago. Read the original article on Business Insider Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Business Insider
3 days ago
- Business
- Business Insider
Why AI is primed to be a huge benefit — and a major liability — for consulting's Big Four
Welcome back to our Sunday edition, where we round up some of our top stories and take you inside our newsroom. Elon Musk's foray into politics was the final straw for Mahican Gielen. She traded in her beloved Model 3 for a BYD Sealion 7 Excellence. She said she's overall happy with her new purchase, but there are a few Tesla features she misses. There's a CEO succession crisis brewing. The death of sneaky fees. Apple is the worst-performing Mag 7 stock in 2025, but it could be a good time to buy. Former Target superfans shared with BI why they don't love the retailer anymore. But first: AI meets the consulting giants. If this was forwarded to you, sign up here. Download Business Insider's app here. This week's dispatch Consulting disruption If you've read BI lately, you know AI is proving to be an asset and a risk for the consulting industry. Several months ago, we asked Polly Thompson in London to take on coverage of the the Big Four: Deloitte, PwC, EY, and KPMG. She immediately zoned in on this tech and how it is poised to help — and disrupt — these massive firms. I chatted with Polly to find out more. Polly, how do you size up AI adoption inside the Big Four? Is it more hype and hope, or embrace and happening? Big Four firms are resting their futures on AI and have poured billions into developing in-house solutions. Employees don't have much choice but to embrace it — the messaging is to learn AI or get left behind — and their Fortune 500 clients will be following their lead. We'll see how quickly their efforts generate returns. Tell us more about how AI is both an opportunity and, in some ways, an existential threat. Consultants specialize in guiding companies through transformations, which means AI presents plenty of opportunities for the Big Four. They face a balancing act between meeting that demand and handling the massive upheaval that AI will bring to their operating models, leadership structures, and job roles. What have you been learning about smaller consulting firms challenging the bigger rivals? Midsize firms are in a sweet spot right now. Consultants increasingly are expected to become specialized and offer deep sector expertise — a demand many of these firms already fill. AI is also poised to help boost their productivity and widen their reach without the need to invest in a vast workforce. They see this as their opportune moment. That said, the midsize firms I've spoken to aren't aiming to be the next Big Four. What are the other top-of-mind topics in your coverage? I want to dig into how these industry shake-ups affect employees at every level of the chain. How should firms train junior employees as AI takes on more? Why are some execs shunning high-paid partnerships? Is there a tech talent war coming at the Big Four? If anyone wants to reach out to me about those questions, email pthompson@ Succession IRL The number of CEO changes for S&P 500 companies is on pace to reach 14.8% this year. With turnover up, BI spoke to corporate observers about how the search for new leaders is getting messy. Poor succession planning, job-hopping, and cuts to middle management are damaging the pipeline. Despite the headache, companies aren't settling, either. " The musical chairs is broken." RIP, hidden fees On May 12, a bipartisan-supported FTC rule cracking down on unfair and deceptive fees went into effect. You can now behold the glory of all-in pricing when you peruse Airbnb, Ticketmaster, or StubHub. Some companies are trumpeting the news, even though showing costs up front wasn't their idea. BI's Emily Stewart took the new rule for a spin. She said it's pretty awesome. Apple's tough year The iPhone maker is the worst-performing Magnificent 7 stock in 2025, with shares down 20% year-to-date. One reason for the decline is the trade war, since most iPhones are assembled in China. President Donald Trump even singled out the tech giant over the issue. Regardless, many Wall Street analysts and investors remain optimistic about Apple's future. To buy — or not to buy — the dip. Veering off-Target Target used to have a dedicated following of customers that treated shopping there as more of a pastime than an errand. In 2025, that's all changed. The retailer's sales, foot traffic, and popularity have plummeted thanks to a DEI messaging fumble, declining in-store experience, and greater industry-wide headwinds. Why former fans are disillusioned. This week's quote: "Employee surveys mostly seem like a way for the executive suite to pat themselves on the back." — Nick Gaudio, creative director at chatbot startup Manychat, on the rise of employee satisfaction surveys. Getting divorced is even harder for millennials than it was for boomers. The TACO trade is the new Trump trade. Here's what to know about the meme ruling the stock market. Middle managers, beware: The Great Flattening layoff trend has moved beyond Big Tech and into retailers like Walmart. General Catalyst's Hemant Taneja is trying to redefine venture capital — and baffling the industry. What did tech CEOs get for pivoting toward Trump? Amazon's sprawling warehouse robot factories offer a glimpse into modern US manufacturing. Anthropic CEO says AI could wipe out half of all entry-level white-collar jobs. Meta is working on plans to open retail stores, internal communication shows. The BI Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Grace Lett, editor, in Chicago. Amanda Yen, associate editor, in New York. Lisa Ryan, executive editor, in New York. Elizabeth Casolo, fellow, in Chicago.
Yahoo
28-05-2025
- Automotive
- Yahoo
I swapped my Tesla for a BYD after getting frustrated with Elon Musk. It was the right decision, but there are some things I miss.
Mahican Gielen is a radiologist in Denmark who swapped her Tesla for a BYD Sealion 7 in April. Gielen sold her Tesla in part because of Elon Musk's political interventions. She said the BYD was well-built but lacked some of Tesla's technological features. This as-told-to essay is based on a conversation with Mahican Gielen, a radiologist in Hjørring, Denmark, about swapping her Tesla Model 3 for a BYD Sealion 7. It has been edited for length and clarity. We live in Denmark, in the city of Hjørring, but we're actually from Holland. My husband and I are both doctors: I'm a radiologist, and he's a cardiologist. I bought a Tesla Model 3 three years ago. It was my first electric car, and I'd wanted a Tesla for years. My kids even pushed me because they knew I was looking for a car. They said: "Mom, it should be a Tesla. That's the best car. It's a green car. It saves the planet." I have to say, I loved that car. It was such a big step up from the normal combustion engines and had so many cool features. I still miss it sometimes. The first time I got a bit annoyed with my Tesla was when the company started cutting the prices. I bought mine right before, so that hurt. Elon Musk joining the Trump administration was the final straw. I love cars, but if owning one gets overruled by the constant noise about the CEO and people asking whether it bothers me, then the fun goes out of it. I just didn't want the headache anymore. I know there is more to the company. But when you have a CEO who's so visible, he just becomes one with the company. And I really feel bad for Tesla because I like the brand. They were so innovative and new. But this was a step too far. It really made me say, you know what? I'm going to get rid of this car. It's not going to get any better from here, so I'll just cut my losses. I sold my Model 3 for 150,000 Danish Krone, or about $22,000, in April, having paid 350,000 Krone for it in 2022, and I bought a BYD Sealion 7 Excellence the same month. [Editor's Note: BI was unable to verify the purchase price of Gielen's BYD Sealion 7 Excellence. It starts from roughly 390,000 Danish krone, or about $59,000.] I wasn't going to buy an SUV, but I saw the Sealion 7 in a showroom and thought it looked amazing. It was a little bit impulsive, but I'm really happy with it. The build quality is on a level with a Mercedes, and the car feels really premium. Things are different, but it has so many cool features, like a head-up display and actual physical buttons, which I missed as the Tesla didn't have them. The best thing about the car is how solid it is. I always tell people the Tesla felt like a toy car compared to this one, because it was always rattling. Sometimes, when it was freezing, you couldn't close the door because it wouldn't catch, and when you drove the Tesla around in the rain, sometimes you would hear sloshing sounds like water was dripping in the car. So the build quality is completely different. The range is more than enough for me, and the software works pretty well. It's a bit slower and less intuitive than the software in the Tesla, but overall, I like it. I think it's great that Chinese EV brands are entering Europe. I absolutely believe that the market should be open, and they have something to offer. For me, many European brands seem kind of boring. They do the same thing every time, and these brands do something new. Even if people don't buy them, it will probably make the European brands push their boundaries a bit and do more stuff. So I think it's absolutely good for everyone if more become available in Europe. There are a few features I still miss about the Tesla, but I'm hoping they could be added to the BYD with software updates. The Tesla auto-locks and unlocks when you just have your phone in your bag or on you. In the BYD, I really had to get used to pushing the button on the car key to lock and unlock. When you charged your car, the Tesla automatically opened its charger port flap and closed it again. I have been driving around with an open flap because I'm so used to it. My kids also really loved the Tesla's "Santa Mode," and the Tesla app has a lot more features than the BYD one. The feature I'm really going to miss is that Tesla automatically defrosted the windows via the app. So, I didn't have to remove ice for the last few years. It's not a problem now, but I know it's going to be annoying in the winter. You could overlook some of the things that were wrong with the Tesla because it was so easy to use, it was almost like an iPhone. But in the end, some things are just not right. Part of the reason I sold the car was because of the build quality. Mine was beginning to get a bit older, and I was in the shop with it more and more. The path Musk has taken is extremely frustrating. It seriously hurts because I was really rooting for the brand. I think it's sad for a company that was so promising and could have done much more. Have you swapped your Tesla for a BYD or bought a Chinese EV? Contact this reporter at tcarter@ Read the original article on Business Insider
Yahoo
28-05-2025
- Automotive
- Yahoo
I swapped my Tesla for a BYD after getting frustrated with Elon Musk. It was the right decision, but there are some things I miss.
Mahican Gielen is a radiologist in Denmark who swapped her Tesla for a BYD Sealion 7 in April. Gielen sold her Tesla in part because of Elon Musk's political interventions. She said the BYD was well-built but lacked some of Tesla's technological features. This as-told-to essay is based on a conversation with Mahican Gielen, a radiologist in Hjørring, Denmark, about swapping her Tesla Model 3 for a BYD Sealion 7. It has been edited for length and clarity. We live in Denmark, in the city of Hjørring, but we're actually from Holland. My husband and I are both doctors: I'm a radiologist, and he's a cardiologist. I bought a Tesla Model 3 three years ago. It was my first electric car, and I'd wanted a Tesla for years. My kids even pushed me because they knew I was looking for a car. They said: "Mom, it should be a Tesla. That's the best car. It's a green car. It saves the planet." I have to say, I loved that car. It was such a big step up from the normal combustion engines and had so many cool features. I still miss it sometimes. The first time I got a bit annoyed with my Tesla was when the company started cutting the prices. I bought mine right before, so that hurt. Elon Musk joining the Trump administration was the final straw. I love cars, but if owning one gets overruled by the constant noise about the CEO and people asking whether it bothers me, then the fun goes out of it. I just didn't want the headache anymore. I know there is more to the company. But when you have a CEO who's so visible, he just becomes one with the company. And I really feel bad for Tesla because I like the brand. They were so innovative and new. But this was a step too far. It really made me say, you know what? I'm going to get rid of this car. It's not going to get any better from here, so I'll just cut my losses. I sold my Model 3 for 150,000 Danish Krone, or about $22,000, in April, having paid 350,000 Krone for it in 2022, and I bought a BYD Sealion 7 Excellence the same month. [Editor's Note: BI was unable to verify the purchase price of Gielen's BYD Sealion 7 Excellence. It starts from roughly 390,000 Danish krone, or about $59,000.] I wasn't going to buy an SUV, but I saw the Sealion 7 in a showroom and thought it looked amazing. It was a little bit impulsive, but I'm really happy with it. The build quality is on a level with a Mercedes, and the car feels really premium. Things are different, but it has so many cool features, like a head-up display and actual physical buttons, which I missed as the Tesla didn't have them. The best thing about the car is how solid it is. I always tell people the Tesla felt like a toy car compared to this one, because it was always rattling. Sometimes, when it was freezing, you couldn't close the door because it wouldn't catch, and when you drove the Tesla around in the rain, sometimes you would hear sloshing sounds like water was dripping in the car. So the build quality is completely different. The range is more than enough for me, and the software works pretty well. It's a bit slower and less intuitive than the software in the Tesla, but overall, I like it. I think it's great that Chinese EV brands are entering Europe. I absolutely believe that the market should be open, and they have something to offer. For me, many European brands seem kind of boring. They do the same thing every time, and these brands do something new. Even if people don't buy them, it will probably make the European brands push their boundaries a bit and do more stuff. So I think it's absolutely good for everyone if more become available in Europe. There are a few features I still miss about the Tesla, but I'm hoping they could be added to the BYD with software updates. The Tesla auto-locks and unlocks when you just have your phone in your bag or on you. In the BYD, I really had to get used to pushing the button on the car key to lock and unlock. When you charged your car, the Tesla automatically opened its charger port flap and closed it again. I have been driving around with an open flap because I'm so used to it. My kids also really loved the Tesla's "Santa Mode," and the Tesla app has a lot more features than the BYD one. The feature I'm really going to miss is that Tesla automatically defrosted the windows via the app. So, I didn't have to remove ice for the last few years. It's not a problem now, but I know it's going to be annoying in the winter. You could overlook some of the things that were wrong with the Tesla because it was so easy to use, it was almost like an iPhone. But in the end, some things are just not right. Part of the reason I sold the car was because of the build quality. Mine was beginning to get a bit older, and I was in the shop with it more and more. The path Musk has taken is extremely frustrating. It seriously hurts because I was really rooting for the brand. I think it's sad for a company that was so promising and could have done much more. Have you swapped your Tesla for a BYD or bought a Chinese EV? Contact this reporter at tcarter@ Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
28-05-2025
- Automotive
- Business Insider
I swapped my Tesla for a BYD after getting frustrated with Elon Musk. It was the right decision, but there are some things I miss.
This as-told-to essay is based on a conversation with Mahican Gielen, a radiologist in Hjørring, Denmark, about swapping her Tesla Model 3 for a BYD Sealion 7. It has been edited for length and clarity. We live in Denmark, in the city of Hjørring, but we're actually from Holland. My husband and I are both doctors: I'm a radiologist, he's a cardiologist. I bought a Tesla Model 3 three years ago. It was my first electric car, and I'd wanted a Tesla for years. My kids even pushed me because they knew I was looking for a car. They said, "Mom, it should be a Tesla. That's the best car. It's a green car. It saves the planet." I have to say, I loved that car. It was such a big step up from the normal combustion engines and had so many cool features. I still miss it sometimes. The first time I got a bit annoyed with my Tesla was when the company started cutting the prices. I bought mine right before, so that hurt. Musk joining the Trump administration was the final straw. I love cars, but if owning one gets overruled by the constant noise about the CEO and people asking whether it bothers me, then the fun goes out of it. I just didn't want the headache anymore. I know there is more to the company. But when you have a CEO who's so visible, he just becomes one with the company. And I really feel bad for Tesla because I like the brand. They were so innovative and new. But this was a step too far. It really made me say, you know what? I'm going to get rid of this car. It's not going to get any better from here, so I'll just cut my losses. Buying a BYD I sold my Model 3 for 150,000 Danish Krone ($22,000) in April, having paid 350,000 Krone ($53,000) for it in 2022, and I bought a BYD Sealion 7 Excellence the same month. [The BYD Sealion 7 Excellence starts from around 390,000 Danish krone ($59,000).] I wasn't going to buy an SUV, but I saw the Sealion 7 in a showroom and thought it looked amazing. It was a little bit impulsive, but I'm really happy with it. The build quality is on a level with a Mercedes, and the car feels really premium. Things are different, but it has so many cool features, like a head-up display and actual physical buttons, which I missed as the Tesla didn't have them. The best thing about the car is how solid it is. I always tell people the Tesla felt like a toy car compared to this one, because it was always rattling. Sometimes, when it was freezing, you couldn't close the door because it wouldn't catch, and when you drove the Tesla around in the rain, sometimes you would hear sloshing sounds like water was dripping in the car. So the build quality is completely different. The range is more than enough for me, and the software works pretty well. It's a bit slower and less intuitive than the software in the Tesla, but overall, I like it. I think it's great that Chinese EV brands are entering Europe. I absolutely believe that the market should be open, and they have something to offer. For me, many European brands seem kind of boring. They do the same thing every time, and these brands do something new. Even if people don't buy them, it will probably make the European brands push their boundaries a bit and do more stuff. So I think it's absolutely good for everyone if more become available in Europe. Feature FOMO There are a few features I still miss about the Tesla, but I'm hoping they could be added to the BYD with software updates. The Tesla auto-locks and unlocks when you just have your phone in your bag or on you. In the BYD, I really had to get used to pushing the button on the car key to lock and unlock. When you charged your car, the Tesla automatically opened its charger port flap and closed it again. I have been driving around with an open flap because I'm so used to it. My kids also really loved the Tesla's 'Santa Mode,' and the Tesla app has a lot more features than the BYD one. The feature I'm really going to miss is that Tesla automatically defrosted the windows via the app. So, I didn't have to remove ice for the last few years. It's not a problem now, but I know it's going to be annoying in the winter. You could overlook some of the things that were wrong with the Tesla because it was so easy to use, it was almost like an iPhone. But in the end, some things are just not right. Part of the reason I sold the car was because of the build quality. Mine was beginning to get a bit older, and I was in the shop with it more and more. The path Musk has taken is extremely frustrating. It seriously hurts because I was really rooting for the brand. I think it's sad for a company that was so promising and could have done much more.
