Reported about 1 month ago
Tesla shares saw over a 6% increase as the company confirmed its intention to launch Full Self-Driving (FSD) technology in China and Europe, pending regulatory approval. CEO Elon Musk suggested that regulatory clearance for FSD could come by year-end, hinting at a possible rollout of the technology in right-hand drive markets by early 2025. While Wall Street remains cautious about self-driving technologies, investor optimism persists, especially after collaborations with Chinese firms for navigation systems.
Source: YAHOO