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Dojo Supercomputer May Boost Tesla Value

  • Writer: By The Financial District
    By The Financial District
  • Sep 13, 2023
  • 1 min read

Tesla's Dojo supercomputer could potentially lead to a $500 billion increase in the electric vehicle maker's market value, according to analysts at Morgan Stanley, Catherine Thorbecke reported for CNN.


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It was suggested that the substantial increase in value might result from Dojo unlocking new revenue streams through the broader adoption of robotaxis and software services. I Photo: Tesla


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Tesla shares surged by over 6% during early trading on Monday, following the optimistic prediction from Morgan Stanley's team regarding the automaker's supercomputing efforts.


Led by longtime Tesla analyst Adam Jonas, the Morgan Stanley team suggested that the substantial increase in value might result from Dojo unlocking new revenue streams through the broader adoption of robotaxis and software services.


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The analysts drew a parallel between the potential impact of Dojo at Tesla and the forces that have driven Amazon Web Services to significantly enhance Amazon's profitability.


They stated, "Investors have long debated whether Tesla is an auto company or a tech company. We believe it's both, but see the biggest value driver from here being software and services revenue."


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

However, some market observers remain less optimistic, pointing out that Tesla has faced challenges in delivering most of its promised technological advances.



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