Hanno Labuschagne

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Tesla's Dojo supercomputer could catapult market value

Tesla Inc.’s Dojo supercomputer may add as much as $500 billion (R9.5 trillion) to the company’s market value through faster adoption of robotaxis and network services, according to Morgan Stanley.

Dojo can open up “new addressable markets,” just like AWS did for Amazon.com Inc., analysts including Adam Jonas and Daniela M Haigian wrote in a note, upgrading the stock to overweight from equal-weight and raising its 12-month price target to a Street-high $400 per share from $250.

[Bloomberg]
 
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