Tesla’s Q4 earnings report revealed plans to expand autonomous driving ride-hailing and mass-produce humanoid robots by 2026. Shares rose in after-hours trading. Tesla aims to launch robotaxi service in more US cities and start Optimus robot production. Morningstar raised Tesla’s fair value estimate to $400, citing increased adoption of autonomous driving software and robot business valuation. Tesla shares are fairly valued, driven by long-term cash flow from subscription software. Volatility expected as new products progress.

Read more at Morningstar: Tesla Earnings: Progress on Robotaxi and Optimus Shows Real World AI Growth