So, he's not too optimistic about Tesla either.

And under no case is a 100 ratio realistic

So in one year the current price should be equal to about 27 P/E.

AI is an arms race and though some, perhaps many, companies will not be among the winners it is hard to imagine a scenario where Nvidia is allowed to lose. Vertical integration is underway and Nvidia is getting baked in. The current bubble panic helps Nvidia because it cuts off emerging competitors before they can threaten Nvidia's CUDA dominance.

The market may have already hit peak demand for data centers or will very soon. Lots of articles recently on the AI bubble so some are expecting it to pop sooner or later.

This and other stories suggest that Thiel is following Softbank in selling off Nvidia ( "Peter Thiel is the latest investor to sell off Nividia shares" ). However, Thiel's sale occurred during the third quarter of the year -- sometime between July 1 and September 30. Softbank's sale occurred in October.

Softbank sale: https://www.fool.com/investing/2025/11/15/why-did-softbank-just-sell-its-entire-nvidia-stake/

Thiel sale: https://www.reuters.com/business/media-telecom/peter-thiels-fund-offloaded-nvidia-stake-third-quarter-filing-shows-2025-11-17/

there is some sloppy writing.

Peter Thiel is the latest investor to sell off Nvidia shares.

should have been

Peter Thiel is the latest investor to make news for selling off Nvidia shares.

And

the decision comes mere days after another high-profile investor selloff.

should have been

news of the decision comes mere days after another high-profile investor selloff.

I couldn't begin to keep track of how often I've seen badly written stories and headlines.

I'm going to edit the comment section of the OP to make this clearer, and include the Reuters story.

The news of Thiel selling Nvidia stock did break just today, and that news following the news about Softbank last week is what's making headlines.

Thiel sold for no more than $182. Missing the peak of $207. SoftBank did better but bought into Open AI (!) whoops.

I remain suspicious of the narrative. They were pushing Burry last week as some kind of genius because he got 2008 correct while ignoring that Burry went bust on Oct 27th because he bet against NVDA. This stuff is being put out by the same media that pretends Jim Cramer is guru and they are all singing from the same hymn book.

The contrarian view is that fund managers have $6 trillion sitting on the sidelines and want to spook retail investors before the next rally. In the contrarian view this pullback has more to do with early loss harvesting and the decreased likelihood of a December rate cut.

I can see going risk off for some of the speculative AI stocks, like quantum, but betting against NVDA makes no sense to me. They are the best positioned and they already weathered potential bubble pops like Deep Seek.