Nvidia has recently reported its quarter one earnings, and the numbers are truly phenomenal. The company’s stats are portraying a bullish outlook, with the firm reporting better-than-expected earnings and stats. Nvidia’s flourishing data center business has ramped up its earnings data the most, contributing a whopping 73%. At the same time, in a recent interview, Jensen Huang was noted lauding Elon Musk, touting him as an “extraordinary” engineer. While NVDA and Tesla have worked together in the past, the fresh set of speculations hints at a bigger collaboration, which could help both stocks reach new high price spots.
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Nvidia’s Jensen Huang Praises Elon Musk
In his recent interview with Bloomberg, Nvidia’s CEO was seen praising Tesla’s chief, Elon Musk. Huang shared how he believes Musk is an “extraordinary” engineer and that Nvidia has worked with Tesla and xAI in the past. He later said that he intends to build more computers with Elon Musk, laying special emphasis on Tesla’s recently launched humanoid robots. Adding more details, Huang said that the AI robot industry is likely to be the next multi-trillion opportunity, sending speculations of a possible high-level Tesla-Nvidia collab in the near future.
“We do a lot of business with Tesla and xAI. Elon is an extraordinary engineer. We’re going to build many more computers together. His self-driving car, his Optimus robot—every single one of them world-class and revolutionary; the Optimus opportunity is just around the corner. It’s very likely that humanoid robots are going to be robots we can deploy into the world relatively easily, and this is the first robot that has a chance to achieve the high volume and technology scale to advance technology. I think this is likely the next multi-trillion-dollar industry.” Huang shared.
Nvidia CEO Jensen Huang in new interview on @Tesla:
— Sawyer Merritt (@SawyerMerritt) May 29, 2025
"We do a lot of business with Tesla and xAI. Elon is an extraordinary engineer. We're going to build many more computers together. His self-driving car, his Optimus robot, every single one of them world class and… pic.twitter.com/aJofZe638O
Nvidia And Tesla Stock Price Trajectory
As Nvidia continues to expand its horizons while reporting stellar Q1 metrics, the company’s stock target is now amped up to $200. Per TipRanks, NVDA is all set to hit $200 in the coming 12 months, while the short-term target of the firm remains stable at $165.
“The average price target for Nvidia is 165.29. This is based on 38 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst price target is $200.00, and the lowest forecast is $100.00. The average price target represents a 22.61% increase from the current price of $134.81.”
On the other hand, Tesla is also exploring a possible new avenue of humanoid robots by launching its Optimus robot range. Financial giant Morgan Stanley has already predicted the revolutionary aspect of robots. If speculations about Nvidia-Tesla collabs are confirmed, the prices of both stocks may gain a phenomenal price uptick.
Nvidia CEO Jensen Huang views the future with Elon Musk positively, highlighting the potential for groundbreaking advancements in technology.pic.twitter.com/0xSuJqv1PZ
— TechFreak (@TechFreakOnline) May 29, 2025
Per TipRanks, Tesla is eyeing the long-term price target of $500, with a mid-range target of $282.
“The average price target for Tesla Motors is 282.70. This is based on 37 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst price target is $500.00, and the lowest forecast is $19.05. The average price target represents a 20.79% decrease from the current price of $356.9.” “The average price target for Tesla Motors is 282.70. This is based on 37 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst price target is $500.00, and the lowest forecast is $19.05. The average price target represents a 20.79% decrease from the current price of $356.9.”
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