Nvidia Just Blew a Big Hole in the Case to Buy Tesla Stock

On Monday, at Nvidia’s annual GTC conference, CEO Jensen Huang projected $1 trillion in AI infrastructure demand between 2025 and 2027. It’s an incredible figure that means business for a host of companies, including Nvidia. The biggest loser in Huang’s scenario, however, might just be Tesla with Nvidia’s autonomous driving solutions chipping away at a core part of investors’ reason for owning stock in Elon Musk’s EV maker.