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Elon Musk Intends To Spend “A Couple Of Days” At The White House Every Few Weeks, Denies Any Immediate Plans To Merge Tesla And xAI, Declares That NVIDIA GPUs Are “Still Better Than What We Make”
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
Elon Musk has been the center of the media landscape for the past few hours, courtesy of the near-constant trickling of tantalizing soundbites. Now, the world's richest person has set the proverbial tongues wagging by expressly stating that his political engagements with the Trump White House will continue.
ELON INTERVIEW AT QATAR FORUM – FULL VERSION
Here's the full interview with Elon Musk at the Qatar Economic Forum a few minutes ago.
Timestamps:
0:44 A typical week for Elon
1:40 Tesla’s situation has already turned around3:55 Elon's compensation important to control Tesla… pic.twitter.com/G3SxPgBEdP— ELON CLIPSMay 20, 2025
Elon Musk recently gave an expansive interview on the sidelines of the Qatar Economic Forum. Interestingly, Musk conveyed a sense of optimism around Tesla's demand equation, asserting that the EV giant has "already turned around," with lingering weakness reserved for Europe alone.
Bear in mind that Tesla sales declined around 10 percent year-over-year in Q1 2025, as the launch of a refreshed version of Model Y idled factory capacity for retooling, and Musk's political role at the White House prompted a partisan backlash. Meanwhile, in Europe, Musk's emphatic support for the far-right AfD in the recent German elections also led to widespread calls for a boycott.
Now, additional soundbites from Elon Musk are adding oxygen to the ongoing media frenzy. First, Musk has stated that he still intends to spend "a couple of days" at the White House "every few weeks." This goes against the impression that Musk had conveyed during the Q1 2025 Tesla earnings call, where he implied that his DOGE work was "mostly done."
Next, while not completely ruling out the possibility, Elon Musk has denied the presence of any immediate plans to merge Tesla with xAI. This comes as xAI recently acquired the social media platform X in an all-stock deal that valued the former at billion and the latter at billion, inclusive of billion in liabilities. This meant that the deal bestowed a gross valuation of billion on X before factoring in its debt load of billion.
Finally, in a nod to NVIDIA's continuing dominance in the AI silicon arena, Elon Musk has declared he expects to buy "a lot" of GPUs from NVIDIA and AMD, going on to note that NVIDIA's offerings are "still better than what we make" in what is an allusion to Tesla's in-house ASICs.
Deal of the Day
#elon #musk #intends #spend #couple
Elon Musk Intends To Spend “A Couple Of Days” At The White House Every Few Weeks, Denies Any Immediate Plans To Merge Tesla And xAI, Declares That NVIDIA GPUs Are “Still Better Than What We Make”
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
Elon Musk has been the center of the media landscape for the past few hours, courtesy of the near-constant trickling of tantalizing soundbites. Now, the world's richest person has set the proverbial tongues wagging by expressly stating that his political engagements with the Trump White House will continue.
ELON INTERVIEW AT QATAR FORUM – FULL VERSION
Here's the full interview with Elon Musk at the Qatar Economic Forum a few minutes ago.
Timestamps:
0:44 A typical week for Elon
1:40 Tesla’s situation has already turned around3:55 Elon's compensation important to control Tesla… pic.twitter.com/G3SxPgBEdP— ELON CLIPSMay 20, 2025
Elon Musk recently gave an expansive interview on the sidelines of the Qatar Economic Forum. Interestingly, Musk conveyed a sense of optimism around Tesla's demand equation, asserting that the EV giant has "already turned around," with lingering weakness reserved for Europe alone.
Bear in mind that Tesla sales declined around 10 percent year-over-year in Q1 2025, as the launch of a refreshed version of Model Y idled factory capacity for retooling, and Musk's political role at the White House prompted a partisan backlash. Meanwhile, in Europe, Musk's emphatic support for the far-right AfD in the recent German elections also led to widespread calls for a boycott.
Now, additional soundbites from Elon Musk are adding oxygen to the ongoing media frenzy. First, Musk has stated that he still intends to spend "a couple of days" at the White House "every few weeks." This goes against the impression that Musk had conveyed during the Q1 2025 Tesla earnings call, where he implied that his DOGE work was "mostly done."
Next, while not completely ruling out the possibility, Elon Musk has denied the presence of any immediate plans to merge Tesla with xAI. This comes as xAI recently acquired the social media platform X in an all-stock deal that valued the former at billion and the latter at billion, inclusive of billion in liabilities. This meant that the deal bestowed a gross valuation of billion on X before factoring in its debt load of billion.
Finally, in a nod to NVIDIA's continuing dominance in the AI silicon arena, Elon Musk has declared he expects to buy "a lot" of GPUs from NVIDIA and AMD, going on to note that NVIDIA's offerings are "still better than what we make" in what is an allusion to Tesla's in-house ASICs.
Deal of the Day
#elon #musk #intends #spend #couple
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