{"id":59480,"date":"2023-09-11T07:08:30","date_gmt":"2023-09-11T11:08:30","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/tesla-stock-rallies-as-morgan-stanley-boosts-rating-citing-ai-prowess-via-dojo\/"},"modified":"2023-09-11T07:08:33","modified_gmt":"2023-09-11T11:08:33","slug":"tesla-stock-rallies-as-morgan-stanley-boosts-rating-citing-ai-prowess-via-dojo","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=59480","title":{"rendered":"Tesla stock rallies as Morgan Stanley boosts rating, citing AI prowess via \u2018Dojo\u2019"},"content":{"rendered":"
\n

Shares of Tesla Inc. TSLA climbed 5.8% in premarket trading on Monday after Morgan Stanley lifted the electronic-vehicle maker to buy from hold.<\/p>\n

Tesla analyst Adam Jonas based much of his upgrade on Tesla\u2019s new machine learning supercomputer, Dojo. His price target was lifted to $400 from $250 per share.<\/p>\n

\n

\u201cDojo specializes in processing visual data and is a tailored tool to solve autonomous operations, be that for vehicles, factories or humanoid robots. This adds Tesla to a list of companies (
\n META,
\n -0.26%<\/bg-quote>,<\/span><\/p>\n

AMZN,
\n +0.28%<\/bg-quote>,<\/span><\/p>\n

MSFT,
\n +1.32%<\/bg-quote>
\n ) that have also developed their own, proprietary computing solutions,\u201d said Jonas and other analysts in a note. <\/p>\n

\u201cFor Tesla, this means that autonomy could potentially become a reality sooner than previously expected, reflected in the auto team\u2019s Tesla upgrade to overweight and move to top pick,\u201d Jonas added.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of Tesla Inc. TSLA climbed 5.8% in premarket trading on Monday after Morgan Stanley lifted the electronic-vehicle maker to buy from hold. Tesla analyst Adam Jonas based much of his upgrade on Tesla\u2019s new machine learning supercomputer, Dojo. His price target was lifted to $400 from $250 per share. \u201cDojo specializes in processing visual […]<\/p>\n","protected":false},"author":1,"featured_media":59481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-59480","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nTesla stock rallies as Morgan Stanley boosts rating, citing AI prowess via \u2018Dojo\u2019 | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Shares of Tesla Inc. TSLA climbed 5.8% in premarket trading on Monday after Morgan Stanley lifted the electronic-vehicle maker to buy from hold. Tesla\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=59480\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tesla stock rallies as Morgan Stanley boosts rating, citing AI prowess via \u2018Dojo\u2019 | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Shares of Tesla Inc. TSLA climbed 5.8% in premarket trading on Monday after Morgan Stanley lifted the electronic-vehicle maker to buy from hold. 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