Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Yeti Holdings (NYSE: YETI), Tesla (NASDAQ: TSLA) and Under Armour (NYSE: UAA)We had originally written about Dojo's potential to unlock asymmetric advantages for TSLA as it navigates the autonomous era: Unlocking Tesla’s AI Upgrade to OW, PT $400, 5 key thoughts regarding this potential development: 1. TSLA DOGE-like efficiency drive will reduce costs. While not disclosed by TSLA, we believe substantial capex and opex was directed in support of Dojo compute development. Tesla's 2Q results cited higher opex driven by AI projects, expanded AI training compute at Gigafactory Texas, and guided to over $9bn in capex for FY25 driven mainly by 'AI-related capital expenditures.' 2. DensityAI talent accumulation. DensityAI, a privately held AI compute startup, led by former Tesla AI head Ganesh Venkataramanan, is currently in stealth and is continuing the mission (see below for more detail).