Tesla (TSLA.US) expands FSD to another European country: Croatia approved, EU-wide vote postponed until at least December
Tesla FSD has been approved in Croatia.
According to information from Zhihu Finance APP, Tesla (TSLA.US) stated on Tuesday that its supervised version of the FSD (Full Self-Driving) system has been approved in Croatia and is expected to roll out in the country soon, making it another European nation to approve this technology. The Dutch regulator RDW approved the system in April, followed by several countries including Belgium. Neighboring Slovenia also granted approval earlier this month.
RDW has also proposed approving the software across the entire European Union. However, a road safety group and several EU member states have raised concerns about the system's potential to exceed speed limits.
This issue has become the most controversial aspect of Tesla’s efforts to introduce FSD in Europe. Tesla claims that promoting FSD in Europe is crucial for boosting sales and regaining market share amid intensifying competition from Chinese electric vehicle manufacturers.
The EU-wide rollout vote originally scheduled for October has already been postponed, with the next possible decision window not before December.
EU-wide rollout requires a "qualified majority" approval, meaning 15 out of the 27 EU member states, and these countries must represent 65% of the EU population.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
From Shopify to Zoom: Meta (META.US) equips Muse with a complete toolbox for small businesses
Meta has launched the Muse AI agent for small businesses, which can be integrated with more than ten tools including Shopify and Stripe. Its stock price has increased by 25% in September.
Uncertainty clouds the US stock IPO market as smart ring manufacturer Oura (OURA.US) joins the ranks of delayed listings
Oura (OURA.US) has become the latest company to postpone its initial public offering (IPO) in the United States due to market uncertainty.
Scholastic to Acquire Cottage Door Press for $71 Million
Hypercharge Networks agrees to buy REVS Charging for up to USD 4.75 million
