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Tesla (TSLA) Soars on AI5 Chip Progress, Reducing Nvidia Reliance Amid Long-Term Growth Plans

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The Story

News Summary

  • Tesla’s CEO announced near completion of the AI5 chip design and ongoing work on AI6, targeting a nine-month design cycle.
  • Large-scale production starts likely in 2027, focusing investors on AI tech potential despite slowing vehicle sales growth.
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TSLA price history

365.44 -12.53% over the displayed period

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