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Tesla down after Nvidia unveils open-source AI models for self-driving vehicles

ReutersJan 6, 2026 6:30 PM

Shares of Tesla TSLA.O down 4.9% at $429.54

Nvidia NVDA.O CEO Jensen Huang on Monday announced the Alpamayo family of open-source AI models and tools designed to accelerate autonomous vehicle development

Tesla expects to expand its robotaxi service rollout this year and start deliveries of its Cybercab self-driving vehicle

The 2025 Mercedes-Benz CLA will be the first production vehicle to ship with Nvidia's full AV stack, with deliveries starting in Q1 in the U.S. - Nvidia

Company said its DRIVE AV platform is now "in production" and positioned its tools as a "starter kit" for Level 4 autonomy

"This is maybe a competitive pressure on Tesla in 5 or 6 years, but probably longer," Musk says

Shares of ride-hailing platforms Uber UBER.N and Lyft LYFT.O up 5.4% and 4.4%, respectively

TSLA shares up 11.4% in 2025

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