Tesla's Dojo Supercomputer Could Boost Market Value by $600 Billion
Morgan Stanley: Dojo could help Tesla speed up robotaxis and software services
Dojo is a 1.8 exaflop supercomputer for AI self-driving car training
Jonas estimates Dojo could add $600 billion to Tesla's market value by 2040
Tesla's market value is currently $789 billion
Morgan Stanley upgrades Tesla's stock to "overweight" with price target $400
Jonas expects Dojo to drive most value in software and services
Morgan Stanley raises Tesla's network services revenue estimate to $335 billion in 2040
Jonas expects unit to account for more than 60% of Tesla's core earnings by 2040
Tesla's 12-month forward price-to-earnings ratio of 57.9 is well ahead of legacy automakers