Nvidia’s Autonomous Driving Ambition Rattles Tesla Investors

A major announcement from chipmaker Nvidia has sent ripples through the electric vehicle sector, putting pressure on Tesla’s stock. At the CES 2026 technology showcase, Nvidia unveiled its “Alpamayo” platform, an open-source, Level-4 autonomous driving software. The move signals a direct challenge to Tesla’s proprietary Full Self-Driving (FSD) system, sparking investor concern over the EV leader’s competitive moat.

Tesla shares reacted negatively to the news, declining approximately 4% to trade around $433. The stock closed at $432.96 on January 6th. This drop extends a retreat from its December all-time high of $498.83, representing a decline of over 12%. Trading in the pre-market session on January 7th saw losses deepen before a modest recovery took Read more...