Elon Musk says some of Nvidia’s 'critical' deals could be lost without Jensen Huang

Tesla and SpaceX CEO Elon Musk has expressed concern that Nvidia could lose some of its crucial supply chain agreements following Jensen Huang's departure as CEO. Musk argued that many of Nvidia's business arrangements were founded on personal relationships, particularly those with Huang, rather than conventional written contracts.

He pointed out that Huang had built partnerships based on trust and direct understanding, which may not be replicated under new leadership. Musk made these comments on X on Saturday, November 14, specifically highlighting Huang's role in managing Nvidia's suppliers and securing business deals. He stated that "Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract," and warned that "Without Jensen, at least some of those critical deals will be lost."

Elon Musk's remarks have drawn attention to a potential challenge for Nvidia as it navigates a leadership transition. Nvidia is a leading supplier of processors used in artificial intelligence systems, and its relationships with manufacturers, suppliers, and other business partners are crucial to its operations. Musk's concern follows his public support for an effort to bring Huang back to the top position at Nvidia, including signing a petition for his reinstatement.