Tesla shares jump after Morgan Stanley predicts Dojo supercomputer could add US$500 billion in market value

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Tesla shares jump after Morgan Stanley predicts Dojo supercomputer could add US$500 billion in market value
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Tesla’s Dojo supercomputer could fuel a US$500 billion jump in the electric vehicle maker’s market value, analysts at Morgan Stanley said in a note Monday.

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The analysts compared the potential of Dojo at Tesla to the “same forces that have driven” Amazon Web Services to propel Amazon’s profitability to new heights.

Dojo, an in-house supercomputer that has been in the works at Tesla for some five years, is designed to train AI systems to complete complex tasks like assisting Tesla’s driver-assistance system Autopilot as well as help propel its “Full Self-Driving” efforts.

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Tesla supercomputer could boost EV maker's market cap by $600 billion -Morgan StanleyTesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley(Reuters) - Tesla's supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an
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