Posted 1/1/2024, 7:32:00 PM
Tesla's AI and Self-Driving Ambitions Could Boost Stock Price by 46%, Analyst Says
- Morgan Stanley analyst believes Tesla's investments in AI and self-driving tech will drive major growth, sees stock price rising 46%
- Tesla building Dojo supercomputer to train machine learning models with vehicle data to develop advanced computer vision
- Computer vision could enable full self-driving capability and have applications in robotics, healthcare, security
- Tesla could generate revenue by selling software and licensing computer vision tech
- Tesla working on cheaper $25k model that could expand market, offset margin declines with higher production volume