Slovakia Set to Approve Tesla FSD, Becoming Ninth EU Country
TSLA sits 26% above its 52-week low of $297.38.
Summary
Slovakia's transport minister says the country will approve Tesla's Full Self-Driving system within days, making it the ninth EU nation to authorize the technology. The ministry will send a recognition letter to the Netherlands, whose RDW regulator is Tesla's lead authority in Europe. This follows approvals in the Czech Republic, Slovenia, and Denmark earlier this year. An EU-wide vote on FSD could come as soon as December. The news adds momentum to Tesla's European regulatory push, though the system still requires driver supervision.
At the time of this announcement, TSLA was trading at $373.80 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.5T. The 52-week trading range was $297.38 to $498.83. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.