Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk made headlines on Tuesday when a report surfaced about him redirecting thousands of Nvidia Corporation (NASDAQ:NVDA) chips, initially reserved for the EV giant to X, formerly Twitter, and xAI. The tech billionaire has responded with an explanation for his decision.
What Happened: Musk took to X, and responded to the report, saying Tesla had no facilities to activate the Nvidia chips, so they would have ended up sitting idle in a warehouse.
He went on to say that the south extension of Giga Texas, which will house 50,000 H100s for Full Self-Driving or FSD training, is almost complete.
Tesla had no place to send the Nvidia chips to turn them on, so ...