June 4 (Reuters) - Tesla will likely spend

between $3 billion and $4 billion on its purchases of chip

company Nvidia's ( NVDA ) hardware this year, CEO Elon Musk said

in a post on X on Tuesday.

Musk also said that out of the $10 billion in artificial

intelligence-related capital expenditure this year, around half

would be internal spend.

"For building the AI training superclusters, NVidia ( NVDA )

hardware is about 2/3 of the cost," he said on X.

Earlier on Tuesday, Tesla reportedly told Nvidia ( NVDA ) to

prioritize shipments

of AI processors to his companies X and xAI over the

electric-vehicle maker.

The development also comes ahead of a crucial

shareholder vote on his pay package at Tesla.

Tesla in April

reiterated

its capital expenditure forecast of more than $10 billion

this year and said it had expected capex to be between $8

billion and $10 billion in each of the following years.