Fool.com contributor Parkev Tatevosian discusses why Tesla's (TSLA +0.09%) spending plans could benefit Nvidia (NVDA 0.56%) shareholders.
*Stock prices used were the afternoon prices of April 23, 2024. The video was published on April 25, 2024.
Tesla's Robotaxi Ambition Is Great News for Nvidia Stock Investors
By Parkev Tatevosian, CFA – Apr 26, 2024 at 5:09AM
NASDAQ: TSLA
Tesla
Market Cap
$1.5T
Today's Change
(0.09%) $0.41
Current Price
$454.94
Price as of December 5, 2025 at 3:58 PM ET
Tesla needs to spend more on the graphic processing units Nvidia sells to develop the driverless car technology.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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