Tesla FSD Hits 1.3M Subscribers, Denmark Approval; SpaceX Deal Delays Loom
TSLA sits 40% above its 52-week low of $281.85.
Summary
Tesla reported approximately 1.3 million Full Self-Driving (FSD) subscribers in the U.S. at the end of Q1, alongside Denmark's approval for supervised FSD, marking the fourth EU country. This progress supports Tesla's strategic focus on robotaxis and AI, as previously announced. However, a potential Tesla-SpaceX deal faces delays beyond mid-2027 citing risks such as shareholder objections and China approval. This introduces uncertainty for future strategic collaborations, following recent news about the Terafab joint venture.
At the time of this announcement, TSLA was trading at $395.82 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.5T. The 52-week trading range was $281.85 to $498.83. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.