Tesla CEO Elon Musk has spotlighted Nvidia and Alphabet as standout stock picks, emphasizing their pivotal roles in the future of artificial intelligence and robotics.
Key Takeaways
- Elon Musk named Nvidia and Alphabet as his top AI-focused stock picks during a November 30 podcast with Nikhil Kamath.
- Alphabet stock jumped 16% in November, driven by strong earnings, AI innovation, and investment from Warren Buffett’s Berkshire Hathaway.
- Nvidia stock fell 15% in November due to valuation concerns, but remains up 37% year-to-date with a forward price-to-earnings (P/E) ratio of 23.
- Musk, who typically avoids stock recommendations, highlighted the growing economic dominance of AI and robotics sectors.
What Happened?
On November 30, Elon Musk joined Nikhil Kamath on the “People by WTF” podcast and broke his usual habit of avoiding stock advice. He named Alphabet and Nvidia as the companies best positioned to lead the next wave of business value creation through AI and robotics. Musk stated plainly, “AI and robotics are going to be very important,” and predicted they would eventually “dwarf everything else” in terms of economic output.
🎙️ #WATCH 🎥 | Elon Musk on future value and why Google and Nvidia are his ‘stock picks’
— Moneycontrol (@moneycontrolcom) December 3, 2025
On Nikhil Kamath’s podcast, Tesla CEO Elon Musk says he doesn’t buy stocks, but believes Google and Nvidia will be hugely valuable as AI and robotics dominate global markets.
“Companies that… pic.twitter.com/RfwoIQkioY
Musk’s Rare Stock Endorsement
Although Musk emphasized that he does not maintain a personal investment portfolio outside his own companies like Tesla and SpaceX, he made an exception in this conversation. He called Nvidia’s dominance in AI chips “obvious” and praised Google’s groundwork in artificial intelligence as a long-term value creator.
Musk said:
These comments stood out as rare endorsements from Musk, who usually avoids making direct investment suggestions.
Alphabet’s Surge Fueled by AI Momentum
Alphabet, the parent company of Google and YouTube, saw its stock rise 16% in November, making it one of the top performers on the Nasdaq Composite. The rally came on the heels of strong third-quarter earnings, which showed a 35% year-over-year increase, exceeding Wall Street forecasts.
Notably, Warren Buffett’s Berkshire Hathaway added Alphabet shares during Q3, giving the stock a credibility boost among institutional investors.
Alphabet’s recent advancements include:
- Releasing an updated version of its Gemini chatbot, targeting competition with OpenAI’s ChatGPT.
- Reported negotiations with Meta Platforms to sell its Tensor Processing Units (TPUs) for large-scale AI projects.
Alphabet stock is up 66% year-to-date, trading at a P/E ratio of 31, which analysts consider moderate compared to other tech giants.
Nvidia: Valuation Dip but AI Leadership Remains Strong
While Nvidia stock declined 15% in November due to concerns over lofty valuations, Musk remained firm in his view that Nvidia is set for long-term growth. He said, “Nvidia is obvious at this point”, in reference to its central role in AI hardware.
Despite the dip, Nvidia shares are still up 37% for 2023. Its current forward P/E ratio stands at 23, making it appear relatively undervalued compared to Alphabet and other Magnificent 7 companies.
Nvidia continues to dominate the AI chip market by supplying graphics processing units (GPUs) used to train large language models and neural networks. These chips are core to the development of generative AI tools across tech platforms.
CoinLaw’s Takeaway
In my experience watching the tech markets, when someone like Elon Musk steps out of his no-stock-pick stance to call out companies like Nvidia and Alphabet, it’s worth paying attention. These are not random picks. He sees the value where business and technology intersect: AI and robotics. I found it especially telling that even after Nvidia’s dip, Musk didn’t hesitate to reaffirm its importance. This speaks volumes about the long-term confidence some visionaries have in AI’s economic future.
