Some investors find Tesla Inc.\u0027s $500\u002Dbillion projection from Morgan Stanley \u0027outlandish\u0027 given its already high valuation. Find out more.
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It happened in 2015, and it’s happening again this week. The problem is investors fear they’re seeing a replay, because after eight years Jonas’ last call has yet to be proven correct.by a hefty 60 per cent last weekend, saying the company’s Dojo supercomputer can add as much as US$500 billion to its valuation through faster adoption of so-called robo-taxis and network services. Jonas’ call pushed Tesla shares up 10 per cent on Sept.
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How Tesla's Dojo supercomputer will power the 'Muskonomy'Tesla stock popped this week as Morgan Stanley analyst Adam Jonas talked up the artificial intelligence and ‘Dojo’ supercomputer prospects for the electric vehicle maker. But the Dojo effect will be even bigger, on the so-called “Muskonomy.”
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