Senior Tesla investor Ross Gerber, CEO of Gerber Kawasaki Wealth Management, stated that it has been proven that investing in NVIDIA over the past decade is better than investing in Tesla, and he advises investors to Hold this chip manufacturer as a core part of their portfolio.
"For more than a decade, NVIDIA has been a better investment than Tesla," Gerber mentioned in a recent interview, "For investors, NVIDIA needs to be part of your portfolio just like Apple and Microsoft."
So far this year, NVIDIA's stock price has soared over 180%, exceeding Tesla's 73% rise during the same period. This outstanding performance has pushed NVIDIA's Market Cap above 3 trillion dollars, while Tesla's Market Cap is 1.3 trillion dollars, solidifying NVIDIA's leadership in the field of AI technology.
The following shows the annual performance of Tesla and NVIDIA stocks from 2014 to 2024: