Tesla to Launch FSD in Europe and China: What to Know
Tesla stock is higher Thursday after the EV maker announced plans to launch its full self-driving driver assistance software in Europe and China in 2025.


Tesla (TSLA) is one of the best stocks on the S&P 500 Thursday after the electric vehicle (EV) manufacturer announced it will launch its full self-driving (FSD) driver assistance software in Europe and China next year.
In a post on X, the social media platform formerly known as Twitter, Tesla announced that it would begin offering its FSD technology in Europe and China in the first quarter of 2025, pending regulatory approval.
A timeline for approval in both markets was not provided, but Tesla CEO Elon Musk said he expects the company to receive clearance by the end of 2024, according to CNBC. FSD is an upgrade to Tesla's Autopilot driver assistance system, which is currently available in Europe and China.
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.

Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Is Tesla's robotaxi coming soon?
The FSD expansion news comes just one month before Tesla's unveiling of its robotaxi at an event on October 10. The event was originally scheduled for August 8, but was delayed because Musk wanted to make "important changes to improve the vehicle."
Anticipation around Tesla's robotaxi is a key driver of Ark Invest's $2,000 price target on the Magnificent 7 stock.
Is Tesla stock a buy, sell or hold?
Tesla has stabilized after a rough start to the year and is up nearly 21% in the last six months. Still, Wall Street remains hesitant to give the all clear.
According to S&P Global Market Intelligence, the average analyst target price for TSLA stock is $204.20, representing a discount of roughly 10% to current levels. Additionally, the consensus recommendation is a Hold.
Financial services firm Truist Securities is one of those with a Hold rating on Tesla stock, along with a $215 price target.
"Tesla's development has been a remarkable success story," said Truist Securities analyst William Stein in an August 13 note. "Overcoming obstacles in traditional, established, automotive & energy industries, Tesla developed innovative technology, built scale, and achieved industry-leading profitability."
However, Stein adds that he believes "the company's best days, in terms of volume production, product innovation, and, especially, artificial intelligence (AI) innovations, are still down the road."
Related Content
- How Does Your Pay Compare to Elon Musk's?
- Top 10 Electric Cars in the US — Most Popular EVs
- The Best Large-Cap Stocks to Buy
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.
-
S&P 500 Hits New Highs as Rally Resumes: Stock Market Today
Tech stocks were the biggest gainers on Wall Street today, with Nvidia and Dell making notable moves.
-
The Shutdown Standoff Is Heading for Its Next Big Test
A key mid-October deadline could intensify the shutdown fight in Washington, and the fallout could soon hit workers and your wallet.
-
S&P 500 Hits New Highs as Rally Resumes: Stock Market Today
Tech stocks were the biggest gainers on Wall Street today, with Nvidia and Dell making notable moves.
-
Should You Buy Gold as It Tops $4,000? Here's What the Experts Say
Rate cuts, a weak dollar and macro uncertainty have helped create a "perfect storm" for gold this year. Should investors add exposure or is it too late to buy?
-
Preferred Bank Stocks: The Investment Retirees (and Others) May Be Missing Out On
Most large banks issue preferred stocks that pay out fixed dividends, often with higher yields than bonds. Should you make room for them in your portfolio?
-
Don't Let Your Equity Compensation Trip You Up: A Financial Expert's Guide
Stock options, RSUs and other executive perks can come with some serious strings attached. To avoid a nasty tax surprise, you need a plan.
-
Rally Fades on Mixed AI Revolution News: Stock Market Today
All three main U.S. equity indexes opened higher but closed lower as a seven-session winning streak for the S&P 500 came to an end.
-
The Spendthrift Trap: Here's One Way to Protect Your Legacy From an Irresponsible Heir
A spendthrift clause in an estate plan can protect an inheritance from a financially irresponsible child's debts and poor decisions.
-
Adapting to AI's Evolving Landscape: A Survival Guide for Businesses
Like it or not, AI is here to stay, and opting out could be disastrous for your organization. Instead, focus on what you can control and be flexible, as AI is still evolving.
-
S&P, Nasdaq Hit New Highs: Stock Market Today
A late-day rally wasn't enough to lift the Dow into the green as its six-session winning streak came to an end.