The value of the automotive computing platform is underestimated, Morgan Stanley maintains a "Buy" rating on Tesla
Morgan Stanley released a research report, maintaining a "Buy" rating for Tesla with a target price of $410. Analyst Adam Jonas emphasized that the market underestimates the role of cars in the overall hybrid computing market. He believes that Tesla has the potential to leverage new artificial intelligence technologies to innovate autonomous vehicles, surpassing traditional functionalities. Jonas believes that the company's upcoming tests will be closer to the future, where artificial intelligence and robotics will emerge in new robotic forms, requiring complex computing systems. The analyst stated that Tesla plays a crucial role in empowering robotic capabilities, expanding the robotics market, and providing a sense of futurism. Therefore, Jonas remains optimistic about the company's strategic growth opportunities in the technology sector
According to the Zhitong Finance APP, Morgan Stanley has released a research report maintaining an "Overweight" rating on Tesla (TSLA.US) with a target price of $410.
Analyst Adam Jonas emphasized that the market underestimates the role of automobiles in the overall hybrid computing market. He believes that Tesla has the potential to leverage new artificial intelligence technologies to innovate autonomous vehicles, surpassing traditional functionalities.
Jonas believes that the company's upcoming tests will be closer to the future, where artificial intelligence and robotics will emerge in entirely new robotic forms, which will require complex computing systems.
The analyst stated that Tesla plays a crucial role in empowering robotic capabilities, expanding the robotics market, and providing a sense of futurism. Therefore, Jonas remains optimistic about the company's strategic growth opportunities in the technology sector
