Tesla went down last quarter after Jensen Huang talked about Nvidia's self driving ambitions. Given that self driving cars are a really hot thing right now in the AI space, I think that there's a good chance that Huang will talk about it much more tomorrow and potentially have an impressive showing of progress. If he does, Tesla should go down, potentially erasing all of todays gains on the questionably bullish news. Regardless of how good Nvidia's earnings are, their presentation will likely be bad for Tesla since they will be talking about competing with Tesla. I think that in all cases, Tesla goes down after the Nvidia earnings presentation. The worst (best for puts) case scenario would be bad Nvidia earnings coupled with Huang doubling down on competing with Tesla on self driving and robots.
TLDR: The hottest part of the AI space right now is self driving and robotics. Jensen Huang loves to make grand presentations and will likely talk about Nvidia's ambitions and progress in both of these areas tomorrow. This will be really bad for Tesla.
Nvidia’s self driving program will crash Tesla tomorrow
byu/pareofdocks inwallstreetbets
Posted by pareofdocks
38 Comments
You should tag this nsfw since your DD is clearly pulled from your anooos
this is all blue sky BS
You forgot the fact that Tesla tend to rocket on shit news. Bullish.
Self driving cars? Wtf. NVDA is going to use AI to cure cancer, end world hunger and create worldwide peace. Yeah, Jensen Huang will singlehandedly solve the Israel-Palestinian conflict with AI. Needless to say the stock is going to gap up to record highs tomorrow
Tell me you have TSLA puts without telling me you have TSLA puts.
Where is Nvidia getting the proprietary data to compete with the millions of miles that Tesla has already logged?
My puts hope that you’re right
hrmm…why cant tsla just use nvda’s data?
What was the bullish news for Tesla. I’m shorting Tesla and today was not a good day for my account.
Why? Doesn’t Nvidia sell the chips that tesla buys for self driving tech?
I hope so. I’ve got 160 puts on TSLA for 28Jun24. Shit needs to go down and not up. I’m a tad bit in the hole at the moment. 😁
Tesla is one of NVIDIA’s biggest customers
First they gotta make sure it won’t crash nvidia
Apple spent billions and a decade trying and abandoned the project.
Bruh Tesla use Nvidia chips for their autonomy.. shit regarded dd. 10k H100’s to be exact
🚨 put holder alert
Better give elon his 50 billion or else tesla isn’t getting any AI upgrades!
I hope you didn’t buy puts lol! we’re going 200+ by weekend 🤣😆
What if NVDA announces partnership with TSLA instead?
Self driving car market is nothing. Nobody cares. This isn’t 2017.
Tesla’s self-driving software is trained on an enormous amount of DATA that only Tesla has access to. Every Tesla vehicle on the street is collecting street data and driving data. Nvidia can’t train a self driving model if it has no data to train on
you’re 5 years late. Self driving is done. Hype train left the station.
Nvidia has been showing off their self driving stuff in their blacked out demo room in their HQ for a few years now. Was just there again last fall and honestly it didn’t seem that much different than 3 years earlier. They’ve been working with major OEMs in this area for a while now.
Not to say it wasn’t impressive looking, but some of the other more depressing examples they have in there on other fronts are more technically impressive, even if they mean the impending downfall of warehouse and factory workers etc.
Better give musk $50B while they can
https://preview.redd.it/xzqsn01p5v1d1.jpeg?width=607&format=pjpg&auto=webp&s=b7718231c4790944f9993a57030e972c43f0d130
My $TSLA calls are raging hard reading this
As much as I would like to see it, no one is taking the AI driving crown from Tesla. No one has as much data as them. My best guess as to why Tesla isn’t better at FSD is Elon’s refusal to add more f#$&ing cameras and sensors. That would likely require a larger autopilot computer as well. NPU hardware is getting much better as a whole and Nvidia doesn’t rule that space (inference, not training).
FSD exists. It’s called Waymo. Tesla simps don’t seem to care.
What about robotaxi?
You truly belong here
Jensen’s final trick is to reveal that he was an AI robot all along and his leather jacket is a metaphor for the human skin that he is wearing
Nvidia has no car driving data to use their software and roll it out.
Back it up with 29k in puts then. Post proof in 24H or shit in your hand it’s up to you.
Ha, could you imagine OpenAI doing self-driving? “Unfortunately there were problems with your request, and no maneuvering could be performed. To better serve everyone, please wait 7 hours and 35 minutes before asking me to do anything else.”
Do you know what creates AI? Lots of training with lots of data. In the case of self-driving, video/radar/lidar data from vehicles. Tesla has a fleet of millions of vehicles collecting data (all video), and they still desire more scale. No other companies have the scale of data to train neural nets to be fully autonomous. NVIDIA included.
Lmao. Op clearly shorting Tesla. Get in line at Wendy’s asshole. You’re fucked.
Its price in….
Nvidia software is actually very unimpressive. Self driving from Waymo, cruise, Aurora, Mobileye etc is much more impressive than the crap Nvidia has.