Tesla CEO Elon Musk announced that the company plans to spend between $3 billion and $4 billion on Nvidia hardware in 2024. This expenditure is part of Tesla's broader AI-related investments, which total around $10 billion for the year. Nvidia chips are crucial for Tesla's AI training superclusters, accounting for approximately two-thirds of the cost. Additionally, Tesla will invest $5 billion in its in-house designed inference computers and sensors for its cars, as well as its Dojo supercomputer system. Musk highlighted the importance of Nvidia's H100 GPUs, noting that 'AI GPUs are harder to buy than drugs.' $TSLA and $NVDA stocks have shown positive movement following the announcement.
🚨 BREAKING: TESLA TO SPEND UP TO $4 BILLION ON NVIDIA HARDWARE IN 2024 Elon: “AI GPUs are harder to buy than drugs!" Tesla is set to invest between $3 billion and $4 billion this year on Nvidia hardware, particularly focusing on the H100 GPUs to boost its AI capabilities for… https://t.co/5yOQfCf4Ib
$TSLA $NVDA ELON JUST SAID TESLA THEMSELVES WILL PAY NVIDIA ABOUT $3-$4B THIS AI THING HAS TO BE REAL BRO THAT’S ALMOST 4% OF NVIDIA’S FULL YEAR REVENUE https://t.co/0H4mq8ePzL
BREAKING: Elon Musk says he thinks Tesla will spend $3-4 Billion this year on NVIDIA chip purchases. 🟢 $TSLA +0.26% 🟢 $NVDA +0.86% https://t.co/flaqG4mfiL
Nvidia hardware is ~2/3 of AI training infra cost. $NVDA $TSLA https://t.co/Z6rX4pwIEc
🔵 TESLA LIKELY TO SPEND $3 BILLION TO $4 BILLION ON NVIDIA HARDWARE THIS YEAR Full Story → https://t.co/gNyEHtVDl4 Tesla will likely spend between $3 billion and $4 billion on purchases of chip company Nvidia's hardware this year, CEO Elon Musk said in a post on X on…
Elon Musk has said Tesla will spend about $10B on AI-related expenditures this year, with half for internal projects like the $TSLA-designed AI inference computer, sensors, and Dojo. For AI training superclusters, Nvidia hardware accounts for 2/3 of the cost. Musk estimates… https://t.co/85iD3NPk9W
Tesla will spend $3 billion to $4 billion on Nvidia this year $5 billion worth of in car inference computers and Dojo systems will be produced as well https://t.co/tEocXKhuyQ
NEWS: Elon Musk says that $5B of Tesla's AI-related expenditures this year will be for Tesla's in house designed inference computers and sensors for its cars, and Dojo. He added Tesla will spend up to $4B on Nvidia GPUs this year. https://t.co/Yt16I29JCn
Elon Musk said he will spend $3-4 billion on Nvidia chips for Tesla this year. I am going to spend $3-4 on potato chips this afternoon. We are not the same.
Elon has said: My current best guess for Nvidia, $NVDA, purchases by Tesla, $TSLA, are $3B to $4B this year.
JUST IN : ELON MUSK SAYS TESLA WILL SPEND $3-4 BILLION DOLLARS THIS YEAR ON BUYING CHIPS FROM NVIDIA $TSLA $NVDA
JUST IN: Elon Musk said he thinks Tesla $TSLA will spend between $3B-$4B on Nvidia $NVDA chips this year https://t.co/B1cOUREIQa
ELON MUSK SAYS HIS BEST GUESS FOR NVIDIA PURCHASES BY TESLA ARE $3B TO $4B THIS YEAR
BREAKING: ELON MUSK SAYS $TSLA WILL SPEND $3-4 BILLION ON NVIDIA CHIPS THIS YEAR 👀 Nvidia chips represent 2/3 of the costs of superclusters! https://t.co/azEfjO0VqS
BREAKING: ELON MUSK SAYS $TSLA WILL SPEND $3-4 BILLION ON NVIDIA CHIPS, INSTEAD OF $10 BILLION 👀 Nvidia chips represent 2/3 of the costs for building superclusters! https://t.co/GE0nt8uqur
MUSK: MY BEST GUESS FOR NVIDIA PURCHASES BY TESLA $3B-$4B IN 2024.
BREAKING: ELON MUSK LIKES TWEET SAYING CHIP MAKERS WILL MAKE A LOT OF MONEY FOR THE FORESEEABLE FUTURE 🤯 $TSLA $NVDA Will Tesla DOJO be able to compete with Nvidia ? https://t.co/0I2PJrrSd6