Tesla Resumes Dojo3 Project as AI5 Chip Design Nears Completion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- AI5 Chip Design Progress: Tesla CEO Elon Musk announced that the AI5 chip design is “almost done,” laying the groundwork for the resumption of the Dojo3 project, which is expected to enhance Tesla's competitive edge in autonomous driving technology development.
- Dojo3 Project Resumption: Following the positive progress on the AI5 chip design, Tesla will restart the Dojo3 project aimed at building an in-house artificial intelligence supercomputer to support the development of autonomous driving technology, marking the company's ongoing investment in AI.
- Manufacturing Partnership Agreement: Tesla plans to collaborate with Samsung Electronics to manufacture the next-generation AI6 chip under a $16.5 billion agreement announced last year, which is expected to further strengthen its technological advantage in the electric vehicle market.
- High-Volume Production Expectations: Musk revealed that AI5 chips are expected to enter high-volume production in 2027, replacing the current AI4 chips used in Tesla vehicles, a development that will significantly enhance the intelligence level of Tesla's vehicles.
Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSLA is 401.93 USD with a low forecast of 25.28 USD and a high forecast of 600.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 438.570
Low
25.28
Averages
401.93
High
600.00
Current: 438.570
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
