Nvidia Stock Is Getting Cheaper While Tesla Just Keeps Getting More Expensive


https://www.marketwatch.com/articles/nvidia-tesla-stock-price-value-d7cbbd62

Summary from WOC Street:

Tesla stock was down in midday trading on Thursday, potentially due to Nvidia's blowout earnings.

Nvidia reported sales of $13.5 billion, beating its own guidance, and expects to produce $16 billion in third-quarter sales.

Nvidia stock rose 2.8% while Tesla stock fell 1.8%.

Nvidia shares are now cheaper after their quarterly beat, trading at roughly 30 times estimated 2024 earnings.

Traders and investors coexist but can have conflicting interests, causing volatility in stock prices.


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