A group of Morgan Stanley analysts upgraded Tesla’s stock to “overweight” from “equal-weight,” prompting the electric vehicle company’s share price to rally over…
Tesla’s rallied more than 10% on Monday after Morgan Stanley predicted the electric vehicle maker’s Dojo supercomputer would add up to $500 billion to the company’s market value.
The investment bank also raised Tesla’s 12-month price target from $250 per share to $400 per share — a Wall Street-high. A group of Morgan Stanley analysts upgraded Tesla’s stock to “overweight” from “equal-weight,” prompting the electric vehicle company’s share price to rally over 10% Monday afternoon.Dojo tech could also prove to be immensely valuable in the adoption of robotaxis and network services, bringing Tesla’s current market value of $853.34 billion over the $1.
Elon Musk has teased that Tesla is working on v12 of its Full Self-Driving software, which will see drivers using their finger to plan a route and then taking their hands off the wheel in the company’s newest self-driving update.Last month, Musk was seen cruising through the Bay Area testing the electric car’s new self-driving software, though involving the company’s autopilot feature saw the 52-year-old nearly running a red light.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Tesla shares soar 10% after Morgan Stanley upgradeMorgan Stanley upgrades Tesla price target to $400 per share on potential of custom silicon.
Les mer »
Ohio overcomes 10-0 deficit, comes back to knock off Florida Atlantic, 17-10The Bobcats did not allow the Florida Atlantic offense to score.
Les mer »
Tesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley By ReutersTesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley
Les mer »
Tesla shares climb 5.8% after Morgan Stanley upgrades to buy, citing AI prowess via 'Dojo'Morgan Stanley upgraded Tesla to buy from hold in a note to clients, saying the company's Dojo supercomputer holds 'proprietary technology.'
Les mer »
Tesla stock rallies as Morgan Stanley boosts rating, citing AI prowess via 'Dojo'Morgan Stanley upgraded Tesla to buy from hold in a note to clients, saying the company's Dojo supercomputer holds 'proprietary technology.'
Les mer »
Tesla rallies as Morgan Stanley upgrades to Top Pick on Dojo supercomputer boost By Investing.comTesla rallies as Morgan Stanley upgrades to Top Pick on Dojo supercomputer boost
Les mer »