TSLA Jun 2025 370.000 call
- Yahoo Finance Video
Elon Musk ordered Nvidia to prioritize chips for X, xAI: CNBC
Tesla (TSLA) CEO Elon Musk reportedly ordered Nvidia (NVDA) to ship out and divert AI chips originally meant for Tesla to X and Musk's xAI startup, according to emails obtained by CNBC. The Morning Brief team reports on this. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Reuters
These early Tesla bulls are giving up on the stock
Some of Tesla's institutional shareholders are getting out, convinced that the electric carmaker's days of dizzying growth are in the rear-view mirror. The company's shares are down nearly 30% this year and have fallen by more than 50% since their 2021 high, wiping out some $600 billion in market value as CEO Elon Musk has struggled with fierce competition and falling sales. Tesla's first-quarter results missed analyst expectations, though Musk said the company would release new models in 2025 that would be more affordable.
- Investor's Business Daily
Stocks Mostly Lower But Dow Shows Signs Of Life; Nvidia Gets Directive From Elon Musk
Stocks struggled to start the trading session Tuesday. The Nasdaq and S&P 500 posted losses and the Dow Jones Industrial Average turned slightly positive in the stock market today. Nvidia and GameStop were on investors' radar once again.
