Elon Musk Plans Regular Visits To The White House, Denies Tesla And xAI Merger, Acknowledges NVIDIA GPUs Are Superior

Elon Musk Plans Regular Visits To The White House, Denies Tesla And xAI Merger, Acknowledges NVIDIA GPUs Are Superior

This content is not intended as investment advice. The author holds no positions in the stocks referenced herein.

Elon Musk’s Recent Interview Sparks Media Buzz

Elon Musk has once again dominated the headlines after an extensive interview at the Qatar Economic Forum. The tech billionaire has confirmed that his political interactions with the Trump administration will persist, igniting discussions across various platforms.

Tesla’s Performance and Challenges

In his interview, Musk expressed optimism about Tesla’s demand growth, touting that the company has “already turned around, ”despite lingering difficulties primarily in Europe. This comes after a notable decline in Tesla’s sales, down approximately 10% year-over-year in Q1 2025, attributed to the introduction of a refreshed Model Y which temporarily halted production.

In addition, Musk’s political stance, particularly his endorsement of the far-right Alternative for Germany (AfD) party during the recent elections, has led to public outcry and calls for boycotts in the European market, complicating Tesla’s situation further.

Musk’s Political Involvement

Additionally, Musk indicated his intent to continue visiting the White House, planning to spend “a couple of days”there every few weeks. This statement seems to contrast his previous remarks during Tesla’s Q1 earnings call, where he suggested that his work with DOGE was largely completed.

Future Prospects for Tesla and xAI

On the topic of potential mergers, Musk has distanced himself from any imminent plans to combine Tesla with xAI, despite acknowledging that such a merger could still be on the table pending shareholder approval. This comment follows xAI’s recent acquisition of the social media platform X in a significant all-stock transaction, valuing xAI at $80 billion while valuing X at $33 billion, including $12 billion in liabilities. This transaction effectively provided a gross value of $45 billion for X before taking its debt into account.

Emphasizing NVIDIA’s Supremacy in AI Technology

Lastly, Musk acknowledged the ongoing superiority of NVIDIA in the AI hardware market, mentioning his plans to procure “a lot”of GPUs from NVIDIA and AMD. He noted that NVIDIA’s performance still surpasses Tesla’s in-house developed ASICs, reiterating the competitive landscape within the tech sector.

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