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

📆 11/09/2023 2:09 p. m.
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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.

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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