FSD Upgrade 'Not Great' Says Musk as Tesla (TSLA) Works to 'Improve as Fast as Possible'

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Morgan Stanley Reviews Tesla's (TSLA) AI Day; Compares Musk to Thomas Edison and 'Investors Can't Resist'

August 23, 2021 1:44 PM EDT

Morgan Stanley analyst, Adam Jonas compared Tesla (NASDAQ: TSLA) CEO Elon Musk to Thomas Edison in a recent review of the billionaires AI Day presentation. Musks 2.5 hr presentation was filled with promise, including ambitions to eliminate the need for manual labor through the use of Humanoid Robots. However, Jonas points out what may be one of Musks best ideas to date: Tesla is running one of the worlds largest,... More

Tesla (TSLA) Deutsche Bank Reiterates 'Buy' on Tesla Following AI Day, Analyst Positive on 'Very Ambitious Efforts'

August 23, 2021 9:44 AM EDT

Deutsche Bank analyst Emmanuel Rosner reiterated a Buy rating on Tesla (NASDAQ: TSLA) following ambitious plans outlined during the companys AI day last week.

DB came away with greater appreciation for Teslas efforts in AI, the analyst writes in a client note.

Big picture, Tesla outlined a very ambitious effort to develop a high performance neural network with very scalable underlying compute and accurate+fast data labeling. This effort creates a positive... More

Tesla (TSLA) Bot Seen as 'Absolute Head Scratcher That Will Further Agitate Investors,' Focus on Competition, Batteries, and Capacity Instead Says Analyst

August 20, 2021 8:21 AM EDT

During the much-anticipated Tesla (NASDAQ: TSLA) AI day that took place yesterday, CEO Elon Musk said the electric vehicle (EV) company will likely launch a Tesla "Bot next year designed to operate boring work that people hate to do.

The robot will be tasked to perform simple tasks, like attaching bolts to cars and picking up groceries. Musk believes that robots will have "profound implications for the economy with an aim not to make them very expensive.

"Is the 'Tesla Bot' the next dream shot to pump up the hype machine?" said Raj Rajkumar,... More