Tesla Stock Surges on Supercomputer's Potential to Transform AI and Unlock New Revenue Streams
- Morgan Stanley raised its Tesla price target based on Dojo supercomputer's ability to enhance self-driving tech and enable new services.
- Dojo's custom chips and architecture position it as a breakthrough in AI training and supercomputing.
- Analysts estimate Dojo could add $500B-$600B in value by accelerating robotaxis and opening software/hardware sales.
- Tesla plans to invest over $1B in Dojo R&D and sees it as a long-term driver beyond vehicle sales.
- Dojo's impact on full self-driving capabilities and potential 2022 AI Day reveal are seen as key events.