Tesla Upgraded at Morgan Stanley, Stock Surges 7%
<p>Morgan Stanley analysts upgraded <a href='https://financialmodelingprep.com/financial-summary/TSLA'>Tesla (NASDAQ:TSLA)</a> to Overweight and designated it as a Top Pick, setting a price target of $400 per share, which is now the highest on Wall Street. As a result, the stock surged more than 7% intra-day today.</p>
<p>The upgrade is primarily driven by Tesla's Dojo Supercomputer, which the analysts believe has the potential to increase Tesla's enterprise value by up to $500 billion. Much like Amazon's AWS transformed the company's EBIT, the analysts see Dojo accelerating the adoption of Mobility (robotaxi) and Network Services (SaaS) for Tesla. </p>
<p>Tesla's Dojo supercomputer is instrumental in enhancing and training its Full Self-Driving (FSD) system, which is crucial for making real-time decisions in challenging driving conditions.</p>

NASDAQ:TSLA