Tesla's Stock Soars as Morgan Stanley Predicts $500 Billion Boost from Dojo Supercomputer"
Benzinga
Benzinga
  • 7 months ago
Tesla's stock rose in pre-market trading on Monday after Morgan Stanley released a report highlighting the potential value of Tesla's Dojo supercomputer in enhancing its self-driving technology. The analysts believe Dojo could give Tesla a significant advantage in the autonomous car market, potentially adding $500 billion in value. As a result, Morgan Stanley raised its price target on Tesla's stock from $250 to $400. The potential UAW strike could benefit Tesla by opening up the market if it negatively affects its competitors.
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