Tesla’s Full Self-Driving software is creeping into Europe
Tesla's Full Self-Driving (FSD) software has recently been approved for use in Lithuania, marking its second European country rollout. This expansion is crucial for Tesla's ambitions in AI and robotics, as well as for CEO Elon Musk's financial goals tied to FSD subscriptions. While FSD is currently available in the Netherlands and Lithuania, the rollout has been slow due to regulatory scrutiny, with more countries potentially following suit soon.
- ▪Tesla's Full Self-Driving software is now available in Lithuania, following its approval in the Netherlands.
- ▪The rollout of FSD in Europe is critical for Tesla's ambitions and Musk's financial goals.
- ▪Currently, there are nearly 1.3 million paying FSD customers globally, far from the target of 10 million by 2035.
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Tesla’s Full Self-Driving (Supervised) driver assistance software is now available in Lithuania, the second European country to approve its use, as the company pushes to position itself as an AI and robotics powerhouse and not just an automaker. Making FSD available in Europe — which kicked off last month when the Dutch regulator RDW approved its use — is critical to Tesla’s and CEO Elon Musk’s ambitions. It’s also financially important for Musk, whose $1 trillion pay package is tied to hitting a number of product goals, including hitting “10 million active FSD subscriptions” by 2035. Tesla has a long way to go before it hits that 10 million subscription figure. The company said during its first-quarter earnings call in April that it has nearly 1.3 million paying FSD customers globally.
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