Tesla plans full self-driving rollout in China and Europe by Q1 2025
Tesla (NASDAQ:TSLA) unveiled plans to launch its Full Self-Driving (FSD) technology in China and Europe in the first quarter of 2025, pending regulatory approval.
The announcement was made by Tesla’s (TSLA) artificial intelligence division, laying a roadmap of upcoming smart initiatives in a social media post on platform X.
This timeline represents a slight delay from earlier expectations for a 2024 rollout. CEO, Elon Musk, said on an earnings call in July that Tesla (TSLA) would likely receive regulatory approval to launch FSD in other markets, including Europe and China, by the end of this year.
Tesla (TSLA) plans to offer FSD as a monthly subscription service in addition to the current one-time purchase option, which could give the company a new revenue stream amid increasing competition.
The rollout of FSD in China presents unique challenges, including navigating a landscape filled with electric scooters.
Shares of Tesla (TSLA) jumped 2.55% to $225.03 on Thursday during pre-market trade.