Is Elon Musk slowing Tesla’s AI ambitions?

Elon Musk announces Tesla’s big AI plans, which include investing $10 billion and using twice as many Nvidia chips. This comes at a time when Nvidia’s sales predictions and reports of chip allocation to X are at odds with each other.

Elon Musk has said that Tesla has big plans for AI, which means that by the end of this year, it will need to use more than twice as many of Nvidia’s best AI chips.

He also said that the business will spend $10 billion this year on both training AI and inference AI.

While emails from top Nvidia employees tell a different story, they claim that X (formerly Twitter) received thousands of chips instead of Tesla.

The emails also say that Musk’s comments about how Tesla will use chips don’t match up with Nvidia’s own sales predictions.

Nvidia, Tesla, and X didn’t say anything about the first story, but Musk later seemed to back up the main series of posts on X.

He claimed that the incomplete Austin, Texas, factory forced Tesla to ship the Nvidia chips elsewhere: Tesla had no place to send the Nvidia chips to be turned on, that’s why they were kept in a warehouse.

It might not seem important if thousands of chips go to one Musk-owned company instead of another. However, it could be significant if you own shares in Tesla.