DeepSeek could ‘enhance’ investor excitement about Tesla’s value outside selling cars

News Snapshot:

As new developments from Chinese AI startup DeepSeek spark a tech rout, with investors concerned over the threat to US tech firms, the renewed market focus on AI and its permutations may be good news for Tesla (TSLA). Morgan Stanley’s Adam Jonas writes that DeepSeek and its R1 reasoning model reportedly overtaking OpenAI’s ChatGPT is a potential game changer. “[The DeepSeek news is] notable after a week of staggering spending announcements for Stargate ($100 billion to $500 billion) and Ambani's reported $20 billion to $30 billion data center, Deepseek's R1's performance raises a number of questions ranging from intensifying global...