Tesla is discontinuing its Dojo supercomputer initiative, confirmed by CEO Elon Musk over the weekend, marking a significant shift in the company’s AI strategy. This move follows a Morgan Stanley analyst’s prior claim that Dojo could add $500 billion to Tesla’s valuation. As Tesla refocuses its efforts, it aims to better manage capital and prioritize immediate revenue-generating projects amidst a challenging market for electric vehicles.
In related news, Alcon announced the acquisition of Staar Surgical in an all-cash deal valued at $1.5 billion, representing a 51% premium over its share price prior to the announcement. This follows a trend of disruptive growth stocks being bought out, raising questions for investors about the long-term prospects of such companies.
This podcast episode was recorded on August 11, 2025, featuring discussions about the implications of Tesla’s strategic changes and predictions about potential buyout candidates within the market.
