TSLA Sep 2024 125.000 call
- Yahoo Finance Video
Nvidia CEO explains why Tesla's use of AI is 'revolutionary'
Nvidia's (NVDA) first quarter results beat analyst expectations, with revenue rising 262% to $26.0 billion. The company also announced a 10-for-1 stock split and that it is raising its dividend. In a Yahoo Finance exclusive interview, Nvidia founder and CEO Jensen Huang spoke about the results and how the demand for his company's products is "just so strong." He also weighed in on how companies like Meta (META) and Tesla (TSLA) are pushing AI technology forward. Jensen says Meta's Llama large language models are "really, really important" given how they are "activating large language models and generative AI work all over the world." On Tesla, Jensen describes how the company's latest Full Self-Driving technology is "an end-to-end generative model," saying it "learns from watching videos, surround video, and it learns about how to drive... using generative AI [to] predict the path... how to understand and how to steer the car. And so the technology is really revolutionary." Watch the video to hear why Huang says "that learning from video directly is the most effective way to train" AI systems for autonomous vehicles. Be sure to check out the full interview with Nvidia CEO Jensen Huang. This post was written by Stephanie Mikulich. For more Yahoo Finance coverage of Nvidia: Nvidia stock pops 4% after earnings beat forecasts, announces stock split and dividend hike Nvidia CEO Jensen Huang is the 'man of the year': Investor Why this analyst says Nvidia is not a stock to buy How Nvidia earnings are impacting the chip market Beyond the Ticker: Nvidia
- Yahoo Finance Video
Tesla stock tumbles as European registrations hit a low
Tesla (TSLA) shares are trading lower Wednesday as the electric vehicle giant faces a new headwind in its European operations. The automaker's vehicle registrations in the region have plummeted to their lowest level since January 2023 with 13,951 units registered in April 2024, according to data from the European Automobile Manufacturers' Association. This reflects a 2.3% year-over-year decline. Yahoo Finance's Seana Smith and Madison Mills break down the details, providing insights into the broader electric vehicle market. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Benzinga
Ferrari Aims to Challenge Tesla with Launch of Electric Supercar in 2025
Ferrari NV (NYSE:DAVA) CEO Benedetto Vigna has enormous expectations from its electric supercar debut, similar to those of its existing blockbuster combustion-engine models. The company looks to launch its electric vehicle in the fourth quarter of 2025, Bloomberg Television cites Vigna in an interview on Thursday. The premium automotive sector is exploring options to lower emissions following a decline in EV demand and government subsidies. Also Read: Tesla’s Chinese Rival BYD Dives Into Luxury
