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Aswath Damodaran, the NYU Stern finance professor widely known as the “Dean of Valuation,” has issued a stark warning regarding the valuations of top tech giants, specifically naming Nvidia Corp. (NASDAQ:NVDA) and Tesla Inc.
Tesla CEO Elon Musk believes the company's stock will see a dramatic revaluation driven by unsupervised self-driving at scale and the mass production
Elon Musk says once Tesla achieves these critical milestones, there will be a major valuation change for TSLA stock.
Tesla stock falls 0.8% as investors await Nvidia earnings. Optimus robot plans face scrutiny over pricing, timelines, and market demand questions.
Jim Cramer says Nvidia and Tesla have real strengths most investors overlook, with demand and execution driving hidden upside.
"Dean of Valuation" Aswath Damodaran calls Nvidia and Tesla the "most irrational" stocks, warning their prices don't hold up to scrutiny.
Renaissance Technologies, founded by the late Jim Simons, cuts its Tesla and Nvidia stakes while raising its GameStop position by more than 40%.
According to Nvidia ( NVDA +2.25%) CEO Jensen Huang, Tesla ( TSLA 3.36%) CEO Elon Musk is a "superhuman." Huang's words speak for themselves. "Elon Musk is singular in his understanding of engineering," Huang commented, adding that Musk's recent accomplishment had "never been done before."