Summary
- Tesla shares are up based on plans to release Full Self-Driving in China and Europe in Q1 2025
- The company released a roadmap with specific date goals for FSD features and global expansion
- Release in Europe and China depends on regulatory approvals
- Tesla’s FSD suite is more advanced than competitors like Mercedes-Benz and Ford
- Investors should be encouraged by Tesla’s potential growth but cautious due to the company’s track record of delays
Article
Tesla shares (NASDAQ: TSLA) are up this morning following the announcement that the company will release Full Self-Driving (FSD) in both China and Europe in the first quarter of 2025. This news comes after Tesla released an extensive FSD roadmap with specific date goals for the release of certain features, as well as plans to expand the FSD suite to regions outside of North America.
Tesla is aware that the release of FSD in Europe and China will depend on regulatory approvals for both markets. Europe has been considering the release of Driver Control Assistance Systems (DCAS) for some time, while rumors of a meeting between Tesla and Chinese government officials led to CEO Elon Musk stating that FSD would make its way to China by the end of the year, which has now been pushed back to Q1 of next year.
During the Q2 2024 Earnings Call, Musk mentioned that the self-driving capabilities deployed outside of North America are behind those in North America. Tesla is planning to ask for regulatory approval for the Tesla supervised FSD in Europe, China, and other countries with Version 12.5, which could be received before the end of the year. This expansion of FSD to new countries demonstrates Tesla’s prowess as a developer of self-driving tech and AI, showcasing its advanced features compared to competitors.
The introduction of FSD in new countries not only demonstrates Tesla’s technological advancements but also opens up potential growth opportunities for the company. The suite’s expansion will help make it more robust through Tesla’s neural net, which collects data from every mile driven. While this news could be encouraging for investors, it is important to consider Tesla’s track record of not always meeting announced timelines before making investment decisions based on this information.
Overall, the announcement of Tesla releasing Full Self-Driving in China and Europe has led to an increase in Tesla shares, reflecting investor optimism about the company’s future growth potential. The expansion of FSD to new regions demonstrates Tesla’s advanced self-driving capabilities and highlights the company’s innovative approach to technology development. As Tesla continues to push the boundaries of self-driving technology, investors should closely monitor regulatory approvals and developments in FSD implementation in different markets to assess the impact on the company’s overall performance.
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