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On September 11, 2023, Morgan Stanley increased its target price for Tesla stock to US$400 from a prior target of $250 and called the stock its top pick in the electric vehicle sector, stating that Tesla’s Dojo supercomputer could fuel a $500 billion jump in Tesla’s market value.
Dojo attempts to solve perhaps the biggest hardware problem facing AI. Elon Musk’s Dojo supercomputer added $70 billion—the value of BMW—to Tesla’s market cap. So what exactly is it?
Dojo can open up new addressable markets that "extend well beyond selling vehicles at a fixed price," Morgan Stanley analysts led by Adam Jonas wrote in a note on Sunday. Tesla jumps as analyst ...
Tesla's Dojo supercomputer consists of several "system trays" of the company’s in-house D1 chips, which are built into cabinets that then merge into an "ExaPOD" supercomputer. Several ExaPODs ...
"Tesla has a lot of issues with competition from Chinese EV makers, price cuts, shrinking margins and even Musk said it himself that the Dojo supercomputer is a long shot."
Tesla rallied 10% after Morgan Stanley upgraded the electric car maker to "overweight" from "equal-weight," saying its Dojo supercomputer could boost the company's market value by nearly $600 billion.
Tesla’s stock price is down 29% this year. ... At Tesla, Musk has promised to build a $500 million “Dojo” supercomputer in Buffalo, New York, and a “super dense, ...
This labeled data will then be used to train Tesla's software to allow the cars to fully drive themselves using only cameras and radar. > Version 1 is about a year away> > -- Elon Musk (@elonmusk ...