Shares of Tesla (NASDAQ: TSLA) were moving higher today, overcoming a weak earnings report after CEO Elon Musk spent much of the earnings call pumping up the stock and making big promises about autonomy.

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China's DeepSeek took the world by storm this week by introducing an AI model that runs efficiently on older NVIDIA GPUs, using only a tiny fraction of the budget OpenAI, Meta, Tesla, Microsoft, and others have spent building their AI infrastructure. It has raised serious questions about future spending for AI build-outs.

Tesla plans to begin mass production of its all-electric Class 8 Semi truck by the end of the year at its factory in Nevada.

The firm took particular issue with Tesla’s reported earnings, stating that adjusting out the one-time Bitcoin gain, GAAP EPS came in at $0.49 and non-GAAP EPS at $0.56, which is "27% below Consensus – that’s the story and it’s an unmitigated disaster."

Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose … The post appeared first on TV News Check.

CEO Elon Musk has suggested that DeepSeek, the upstart artificial intelligence company, may possess around 50,000 NVIDIA (NASDAQ:NVDA) Hopper GPUs. This is opposed to the 10,000 A100s that DeepSeek claims to have.

Musk noted an autonomous fleet could see vehicles utilized an average of 55 hours per week, vs. the current average for vehicles to be utilized just ten hours a week on average. As a first step, Musk said Austin will see an initial launch of unsupervised FSD in Austin in June, and expects California and other states to follow.

CEO Elon Musk seemed to agree with CEO of Scale AI Alexandr Wang suggesting that China's DeepSeek has about 50,000 H100 Nvidia's (NASDAQ:NVDA) chips, which they can't talk about due to U.S. export controls.

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CEO Elon Musk on Thursday shared a snippet of an interview given by actor Morgan Freeman in 2016, in which the Oscar-winning actor admits to investing in the EV company. What Happened: “I own Tesla. I’m a huge fan of Elon