Tesla’s ‘moonshots getting real’, says RBC Capital

RBC Capital analyst Tom Narayan keeps an Outperform rating and $440 price target on Tesla (TSLA) after its Q4 results. The firm notes that the company’s “moonshots are getting real” as CEO Musk has announced that it will have a paid unsupervised FSD service in Austin this June and also indicated that there is interest from a number of major car companies to license FSD technology, though it would only entertain orders if volumes are high. Musk also noted that Optimus robot will be in service this year and that production ramps significantly next year, the analyst tells investors in a research note.