Saturday, September 30, 2023

Tesla can double its value based on its Dojo supercomputer and Morgan Stanley forecasts

Dojo is the Japanese term for Space for practicing and teaching martial arts. A very apt name for the indispensable tool that is a stepping stone to success or failure and from now on creates a new headache for all automotive brands: supercomputing.

Dojo is too the name of the Tesla supercomputer, an asset that alone could almost double the manufacturer’s value on the stock market from its current valuation of 740,000 million euros to 1,300 million euros. A The consulting firm Morgan Stanley estimated a jump of 560 million euros, one of the largest multinational financial companies in the world. Shares of the automotive company rose 10.09% at the close of trading on Monday following the publication of this analysis. As an investment bank, stockbroker and financial advisor at the same time, the company has the power to make self-fulfilling prophecies available to very few.

Morgan Stanley catapulted into stock market heaven to the sister company of X and SpaceX by adding it to your coveted list of select stocks or “Top Picks.” and increase your recommendation from “hold” to “overweight”. The analysis highlighted Tesla’s computing capacity and influenced the future possibilities this machine can open up in future companies. “The more we look at Dojo, the more we see the potential of the stock, which is currently undervalued,” Morgan Stanley analysts said.

What does the eye see?

Dojo is a Supercomputer specifically designed for visual data processing. Let’s remember that the cameras are the main sensor with which the brand’s autonomous driving system called “Autopilot” works. If Dojo can help that cars “see” and “react” What other markets could be opened? “Imagine a next-generation device that has a camera that makes real-time decisions based on your field of view,” said Adam Jonas, managing director of analytics.

Dojo and its ability to implement artificial intelligence can be a perfect multi-tool to multiply the efficiency of your current and future products. “Tesla is New opportunities are opening up that go far beyond selling vehicles at a fixed price in our opinion,” said Jonas.

Dojo’s super ability could bring enormous benefits when applied not only to vehicles, but also to production facilities and even humanoid robots. According to Jonas’ calculations, that is Company turnover in 2040 derived from its software and network services, estimated at almost 150,000 million euros, could rise to 310,000 million.

“The increase is largely driven by the emerging opportunities we see in third-party fleet licensing and increasing average monthly revenue per user. we believe that will accelerate business development and monetization of Tesla software and services,” the analyst said.

As they predict a huge expansion of Tesla’s hardware and software capabilities – as yet unproven – they believe that the company will be able to go far beyond the automotive industry and bring it to the status that companies like Meta, Microsoft or Amazon have: that of technology companies.

Omens and prejudices

The argument is undeniable that artificial intelligence, with its exponential computing capacity and speed, can have very positive impacts on any activity to which it is applied, including the economy. But one a certain uncertainty caused a stir in the American media when journalists specializing in the automotive industry recalled it It’s not the first time that Adam Jonas has made drastic estimates on Tesla shares. The analyst increased the price target for the carmaker’s shares by 66% in August 2015 based on yours Idea that Tesla would start a service On-demand mobility that would take hold compete with Uber and Lyft. Since then, Tesla shares have experienced a brutal rise, with the company also moving from the red to one of the most profitable companies in the automotive sector. But that’s also true at the moment Tesla has not launched this service.

Elon Musk announced this last July will invest around 1,000 million euros in Dojo by the end of 2024 in a meeting with investors. If the above-mentioned autopilot and its fully autonomous driving function can be improved, the prospects are very positive. Today’s reality is that these functions require constant monitoring by the driver. Additionally, the brand’s Autopilot has been involved in 17 deaths and 736 accidents in the United States and is the subject of various government investigations.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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