Tesla jumps as analyst predicts $600 billion value boost from Dojo

Dojo can open up new addressable markets that "extend well beyond selling vehicles at a fixed price," Morgan Stanley analysts led by Adam Jonas wrote in a note on Sunday. 

Tesla jumps as analyst predicts $600 billion value
Tesla's 12-month forward price-to-earnings ratio of 57.9 is well ahead of legacy automakers Ford at 6.31 and General Motors at 4.56, according to LSEG data. (Image credit: Reuters)

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