Tesla stock rises on upgrade, hope for Dojo supercomputer - Yahoo Finance

Tesla’s (TSLA) stock is on the rise after Morgan Stanley upgraded the shares to "Buy" from "Hold." Morgan Stanley analyst Adam Jonas also raised his price target on the stock from $200 to $400. Part of the reason is because Jonas is bullish on Tesla’s supercomputer, Dojo. When it comes to whether Tesla is an automobile company or a tech company, Jonas insists “it's both” due to the possibility of Dojo to be offered as a service on its own. Yahoo Finance Live breaks down the note.

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