Tesla is also investing in cybersecurity, encouraging white-hat hackers to identify vulnerabilities in their systems. The company recently rewarded hackers with $200,000 and a new Model 3 for discovering a new ECU vulnerability at the 2024 Pwn2Own tournament. Tesla's cybersecurity strategy involves active engagement with the cybersecurity community to protect its electric vehicle products and users.
Key takeaways:
- Elon Musk's companies, including Tesla and xAI, heavily rely on Nvidia's technology for their AI projects, with Tesla planning to invest over $500 million in Nvidia hardware for the Dojo supercomputer.
- Nvidia's market valuation is over $2 trillion, with sales rising 265% to $22.1 billion in the previous quarter, surpassing Intel in revenues.
- Tesla is investing in cybersecurity, recently rewarding hackers with $200,000 and a new Model 3 for discovering a new ECU vulnerability at the 2024 Pwn2Own tournament.
- Elon Musk has indicated that Tesla would spend "well over $1 billion" on the Dojo Supercomputer project, which he considers a "long shot bet" valued at the "multi-hundred-billion-dollar level."