Tesla stock dropped in the DeepSeek sell off, but nothing like Nvidia stock. Deutsche Bank, however, believes investors should consider what Chinese AI means for self-driving cars too.

Chinese EV-making giant BYD has now rival Tesla twice in quarterly battery electric vehicle sales in the past two years.

Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a peer-to-peer payments competitor to PayPal’s Venmo, Block’s Cash App and bank-owned Zelle.

Tesla stock dropped in the DeepSeek sell off, but nothing like Nvidia stock. Deutsche Bank, however, believes investors should consider what Chinese AI means for self-driving cars too.

NEW YORK (AP) — X is teaming up with Visa to soon offer a system for real-time payments on the social media platform — signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an “everything app.”

The social media company said it would start a peer-to-peer payments service, moving to expand the app’s abilities.

As Elon Musk grew Tesla’s business in China, he publicly cozied up to its leaders on his favorite social media platform.

X has inked a partnership with Visa as the Elon Musk-owned social media platform seeks to become an “everything" app that offers peer-to-peer payments and other capabilities.

Tesla stock dropped in the DeepSeek sell off, but nothing like Nvidia stock. Deutsche Bank, however, believes investors should consider what Chinese AI means for self-driving cars too.