Tesla's $TSLA Dojo supercomputer, designed to train AI models for autonomous vehicles, could give the automaker an "asymmetric advantage" and boost its market capitalization by nearly $600 billion, or 76%, Morgan Stanley estimates.
Tesla started production of the DoJ in July and plans to invest more than $1 billion by next year. According to Morgan Stanley analysts led by Adam Jonas, the Dojo could open up new addressable markets for Tesla that "go far beyond fixed-price vehicle sales."