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Tesla (TSLA) CEO Elon Musk seems to have found renewed vigor following the approval of his bumper $1 trillion pay package by the company’s shareholders. So much so that in his latest tweet, the world’s richest man has made the bold claim that his company “expect[s] to build chips at higher volumes ultimately than all other AI chips combined.”
Elaborating further, Musk has set a target of designing a new chip and bringing it to volume production every year. This puts the EV leader in direct competition with its partner, Nvidia (NVDA). Yet, some nuances need to be considered.
