### Summary
A data breach at Tesla in May was caused by two insiders who shared company information with the media.
### Facts
- 🚨 A data breach occurred at Tesla in May.
- 🏭 75,735 individuals, including current and former employees, were affected by the breach.
- ⚖️ Tesla filed a lawsuit against two former employees and obtained court permission to seize their devices.
- 📝 The breach was discovered after a German news outlet reported on the stolen information.
- 🔌 Tesla's Superchargers make up 60% of the total fast chargers in the U.S. and Canada.
- 💻 Tesla is investing more than $1 billion to build an in-house supercomputer named "Dojo" for autonomous driving.
- 💥 "Dojo" will be used to process large amounts of data and train Tesla's machine learning models.
Wedbush analyst Dan Ives predicts that Tesla's Supercharger network will generate $10 to $20 billion in annual revenue by 2030, representing 3% to 6% of Tesla's total revenue.
Tesla is launching a powerful supercomputer that will enhance its computing capabilities for artificial intelligence (AI) applications and high-performance computing (HPC) workloads, making it one of the world's fastest supercomputers and giving the company a competitive edge in the automotive industry.
Tesla is predicted to reach a value of $1.00 by the end of the year, and despite mixed opinions on its quality, it is seen as a dominant force in the automotive industry similar to other successful tech companies like Apple, Nvidia, Google, Amazon, and Microsoft.
The global commercial robots market is expected to experience significant growth, with an estimated value of $85.2 billion by 2031, driven by increasing investments and advancements in robotic applications.
Tesla's autonomous self-driving software has the potential to become its most lucrative opportunity, according to Cathie Wood of Ark Investment Management, who predicts that Tesla's stock could soar and the company could achieve one of the highest valuations in the world.
Tesla CEO Elon Musk, despite previous prioritization of developing a robotaxi, has been convinced by company executives to focus on both a $25,000 electric car and the robotaxi, according to Musk's biographer Walter Isaacson.
Tesla's upcoming $25,000 electric car and dedicated robotaxi vehicle will have a futuristic design similar to the Cybertruck, according to details revealed in an authorized biography of Elon Musk.
Tesla is gaining momentum on Wall Street as an artificial intelligence stock.
Tesla's stock is rising after an optimistic report from Morgan Stanley about Tesla's Dojo supercomputer, which could add about $500 billion in value to the company and potentially become a direct revenue generator.
Morgan Stanley upgrades Tesla's stock and raises its price target to $400 per share, citing optimism over Tesla's new machine-learning supercomputer, Dojo, which has the potential to drive the company's growth beyond the automotive sector.
Tesla stock surged 10% after a Morgan Stanley analyst upgrade highlighted the potential of the company's artificial intelligence capabilities and software and services revenue.
Tesla's market cap experienced a $70 billion surge after Morgan Stanley published a bullish report on the company's Dojo supercomputer, which is expected to solve hardware problems in AI and potentially contribute to the realization of Elon Musk's vision of full self-driving cars.
Tesla received a bullish upgrade from Morgan Stanley analyst Adam Jonas due to the potential value of its Dojo supercomputer, but Gordon Johnson of GLJ Research disagrees, criticizing the speculative nature of Jonas' claims and highlighting issues with Tesla's advanced driver assistance technology, leading him to rate TSLA shares as Sell.
The global industrial robot market is expected to reach a value of USD 42.90 billion by 2023, with a Compound Annual Growth Rate (CAGR) of 12.50% driven by the adoption of automation, AI, and collaborative robots in various industries.
Analysts at Morgan Stanley have upgraded Tesla stock to "Overweight" and raised their price objective from $250 to $400, citing the potential value of the new Dojo system, which they believe could add $500 billion to Tesla's market in the future; however, skepticism remains about the timing and impact of the technology, and concerns persist about Tesla's core business and declining margins.
Super Micro Computer, a company that sells high-performance server and storage solutions, is positioned for strong growth due to its exposure to the fast-growing markets of AI, data centers, and cloud computing, with the potential to reach $10 billion in revenue by fiscal year 2024.
The text discusses recent updates impacting Tesla and mentions the possibility of a future AI robot for the company.
Artificial intelligence advancements in Tesla, particularly in the areas of self-driving technology and robotics, are fueling optimism among investors for the company's future growth potential. While immediate profitability from AI may not be seen yet, investors like Charles Harris believe in the long-term value of Tesla and its potential for success comparable to companies like Apple.
Tesla and C3.ai are two stocks that could experience significant growth in the long run if artificial intelligence (AI) software becomes a major player, with Tesla potentially worth $6.1 trillion by 2027 and C3.ai creating substantial value in the enterprise AI industry.
Tesla Inc. has once again reduced the prices of its popular models in the US to boost demand and take advantage of improved supply conditions, with the company offering discounts of up to $2,250 on certain models.
Tesla's recent stock splits and its strong performance indicate solid fundamentals and growth prospects, leading to a bull-case price target of $2,500 per share by 2027, implying an 860% upside, according to Cathie Wood's Ark Invest. While the assumptions may be outlandish, Tesla's strong foothold in the electric car and autonomous vehicle markets, as well as its plans for FSD software and robotaxi services, make it a potential investment opportunity for risk-tolerant investors.
