Tesla Stock Upgrade Sees FSD Supercomputer Adding A Half-Trillion Dollars In Value

Source: Investor’s Business Daily

“Tesla stock received an upgrade and a 60% price target hike Sunday, on the calculation that its Full-Self Driving (FSD) supercomputer can boost the EV giant’s value by a half-trillion dollars. TSLA jumped early Monday. Morgan Stanley’s Adam Jonas on Sunday upgraded TSLA stock to overweight, raising his price target to 400. In the 40-page report, Jonas wrote Tesla’s Dojo, the supercomputer built to train the company’s FSD technology, could play a key role in raising the company’s valuation as much as $500 billion. Jonas also wrote that Tesla stock is Morgan Stanley’s ‘top pick.'” (09/11/23)