Musk: Almost all of Tesla's long-term value will come from AI and robots

Tesla CEO Elon Musk said on Monday that the company’s long-term value will be driven by artificial intelligence and robots. Previously, a Morgan Stanley report attributed Tesla's long-term growth to its custom-built supercomputer Dojo.

Musk wrote on the , who praised Morgan Stanley analysts for understanding Tesla as an artificial intelligence company.

Avoigt believes that Tesla is currently the most undervalued stock on Nasdaq. Although the target price of $400 is the highest among Wall Street analysts, it still fails to reflect the company's "largest stock in the market." The opportunity and probability of applying AI to cars and robots” value of companies.

Avoigt wrote: “Morgan Stanley’s latest Tesla report shows that they now understand Tesla and understand that Tesla is an artificial intelligence company. This is a positive signal for the entire market to wake up. , re-evaluating what I consider to be the most undervalued stock on the Nasdaq right now.

Rewritten content as: News from the financial world

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