Tesla is investing more than $1 billion in its own supercomputer called Dojo for processing massive amounts of data, including vehicle videos, necessary for autonomous driving development. Elon Musk emphasized that the company has a significant volume of customer videos collected through the Autopilot system, which will be used to train Dojo. The disclosure of Tesla’s investment plans has raised concerns among investors, but Chief Financial Officer Zachary Kirkhorn clarified that these expenditures align with the company’s previously announced plans for research, development, and capital investments.
