Stock price data from financial markets (e.g., NASDAQ)

Tesla to Launch Full Self-Driving in Europe and China in Q1 2025, Stock Up 4%

Sep 5, 2024, 11:06 AM

Tesla Inc. has announced plans to launch its Full Self-Driving (FSD) technology in Europe and China in the first quarter of 2025, pending regulatory approvals. The news has led to a notable increase in Tesla's stock price, which rose by 4% following the announcement and 2.5% premarket. The company has also indicated that FSD version 13, featuring significant improvements, will be released in October 2024. Elon had indicated on the last earnings call that Tesla expected to receive regulatory approval to launch supervised FSD in Europe and China by year-end. The market has reacted positively to these developments, reflecting optimism about Tesla's future expansion and technological advancements.