Tesla Stocks Fall 1.7% Although Croatia Clears Supervised FSD Rollout
Source: GuruFocus.com ·
National approval adds one market while broader European deployment still requires additional political support.
From the source
This article first appeared on GuruFocus . Tesla, the electric-vehicle and physical-AI company ( NASDAQ:TSLA ), fell about 1.7% to $346.86 at approximately 10:08 a.m. ET Wednesday, despite another opening for its driving software in Europe. According to Reuters, Tesla received Croatia's approval to introduce supervised Full Self-Driving. Another market opened. Investors still marked the stock lower. Warning! GuruFocus has detected 6 Warning Signs with TSLA. Is TSLA fairly valued? Test your thesis with our free DCF calculator. Croatia recognized the provisional European approval granted by Dutch regulator RDW on April 10. Drivers must remain continuously engaged and supervise the system. A broader EU rollout still needs support from at least 15 member states representing 65% of the bloc's population. Croatia adds a foothold, but Tesla still faces a country-by-country approval process. The commercial test comes next: how many drivers activate the software and keep paying? More…