Fool.com contributor Parkev Tatevosian elaborates on what the news will mean for Tesla (TSLA +4.15%) and Nvidia (NVDA +0.74%) investors.
*Stock prices used were the afternoon prices of July 24, 2024. The video was published on July 26, 2024.
Nvidia Stock Investors Got Great News From Tesla
By Parkev Tatevosian, CFA – Jul 27, 2024 at 10:02AM EST
NASDAQ: NVDA
Nvidia
Market Cap
$4.5T
Today's Change
(0.74%) $1.36
Current Price
$184.68
Price as of January 22, 2026 at 3:58 PM ET
Tesla will be spending large sums on Nvidia products.
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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.
Stocks Mentioned
Nvidia
NASDAQ: NVDA
$184.68 (+0.01%) $+1.36
Tesla
NASDAQ: TSLA
$449.36 (+0.04%) $+17.92
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.