Nvidia Stock Investors Should Love What Elon Musk Said on Tesla's Earnings Call About AI
Last week, electric-vehicle pioneer (NASDAQ: TSLA) turned in a second-quarter report that disappointed investors, who drove shares down nearly 10% on the following day. Revenue and earnings beat Wall Street's estimates, but investors were not pleased about the continued slide in Tesla's key profitability margins due to its ongoing vehicle price cuts.
As usual, CEO Elon Musk and the top execs who joined him on the earnings call provided some great information for Tesla investors. But Musk also made comments that were relevant to investors and potential investors in graphics chip specialist Nvidia (NASDAQ: NVDA), which is the main focus of this article.
Image source: Getty Images.
Source Fool.com
Tesla Inc Aktie
202,35 €
-0,52 %
Leichtes Buy-Interesse bei Tesla Inc, mit mehr Buy- als Sell-Einschätzungen.
Für Tesla Inc sieht die Community ein Kursziel von 245 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 202.35 € bedeutet.
