Tesla Surge Propels Stock Markets Higher

Shares in Tesla pulled stock markets higher Monday, thanks in large part to hype around a supercomputer dubbed “Dojo.” Tesla was Monday’s major winner, leading the S&P 500 with a 10% gain after Morgan Stanley upgraded its stock. The bank said a supercomputer that the automaker is developing to parse the vast amounts of visual data needed for autonomous driving could add $500 billion to the company’s enterprise value.