Part 2/14:
On a day when Nvidia experienced an unprecedented loss of nearly $600 billion in market capitalization—more than any company in history—Tesla investors largely viewed the event favorably. Nvidia’s sharp decline underscores critical vulnerabilities in dependence on expensive GPU clusters for training large-scale AI models. This event not only highlights the risks associated with high-cost AI hardware investments but also illuminates an alternative approach that Tesla has implicitly championed: optimizing AI through smarter, more efficient software solutions rather than sheer hardware scale.