Overview
- Elon Musk told the World Economic Forum he hopes Tesla’s supervised Full Self-Driving will gain European approval next month with similar timing for China.
- China Daily, citing a government source, said the suggestion of Chinese approval next month is not true, offering no alternative timeline.
- Tesla is seeking European clearance via the Netherlands Vehicle Authority, which plans a February meeting to assess the system rather than grant automatic approval.
- In China, Tesla has partial approvals for Navigate on Autopilot and Auto Lane Change in Beijing and Shanghai, stores vehicle data locally, partners with Baidu for mapping, and markets the software as Intelligent Assisted Driving under MIIT rules.
- Tesla is leaning on software to bolster revenue during softer vehicle sales, and shares rose about 1.5% after Musk’s remarks.