Latvia grants approval for Tesla’s Full Self‑Driving system
Tesla announced that Latvia’s Road Traffic Safety Directorate recognized the Dutch type approval for its Full Self‑Driving (Supervised) system, making Latvia the tenth EU member state to allow the software. The system is classified as a Level 2 driver‑assistance feature and will be offered in Europe as a subscription priced at €99 per month. Tesla’s stock was trading at $372.22 in pre‑market on the announcement, down 0.63%.
Why it matters
The approval adds Latvia to the ten EU countries covering about 14% of the bloc’s population, expanding the market for Tesla’s FSD subscription service. The pre‑market price dip suggests investors are weighing the impact of the new regulatory win on Tesla’s European rollout.
Key facts
- 1Latvia approved Tesla’s Full Self‑Driving system, the tenth EU country to do so. investing.com
- 2The approval is based on recognition of the Dutch provisional EU type approval issued by the RDW. eletric-vehicles.com
- 3The system is classified as a Level 2 driver‑assistance system that requires driver supervision. eletric-vehicles.com
- 4Tesla sells the system in Europe as a subscription at €99 per month. eletric-vehicles.com
- 5Ten EU countries that have approved the system represent about 14% of the EU population. eletric-vehicles.com
- 6Tesla’s stock was $372.22 in pre‑market trading, down 0.63% at the time of the announcement. marketscreener.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.