TSLA
TSLA Stock: Major Roadblock For Tesla FSD As Sweden Reportedly Opposes EU-Wide Approval
Article Summary
HOLD- Tesla Inc. (NASDAQ: TSLA) faces a major roadblock as Sweden reportedly opposes EU-wide rollout of its Full Self-Driving (FSD) supervised software unless Tesla disables feature that allows vehicles to exceed legal speed limits.
- The Swedish Transport Administration (TRV) sent a letter dated April 30 to the EU's Technical Committee on Motor Vehicles urging rejection of the system in its current form, warning that allowing automated systems to systematically exceed speed limits risks undermining both legal framework and expected safety benefits of vehicle automation.
- The TRV spokesperson reportedly stated that Sweden's representative in the TCMV will only vote in favor if Tesla's speeding functionality is removed, with no formal vote expected on June 30.
- Sweden's second regulator, the Swedish Transport Agency (STA), has also raised concerns directly with Tesla and the Dutch authority RDW, with the STA participating in two-hour meeting with both parties on June 4 and is still finalizing Sweden's official position.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 2.3% | 25% | 20.0 ptsMinimal (2.3%) - Very weak |
| EPS Growth Next 5Y ? | 24.6% | 25% | 70.0 ptsGood (24.6%) - Solid outlook |
| Target Price Upside ? | 0.8% | 20% | 20.0 ptsMinimal Upside (0.8%) - Target: $403.89 vs Current: $400.49 |
| Gross Margin % ? | 19.1% | 15% | 20.0 ptsThin (19.1%) - Low-margin business |
| Drawdown from 52-Wk High ? | -19.7% | 15% | 40.0 ptsMild Pullback (-19.7%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About TSLA
- Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.
- The company operates in two segments, Automotive; and Energy Generation and Storage.
- The company offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty maintenance services and collision, automotive insurance services, as well as part sales and retail merchandise sale.
- It also provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; purchase financing and leasing services; services for electric vehicles through its company-owned service locations and Tesla mobile service technicians; and vehicle limited warranties and extended service plans.
- In addition, the company engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners.
- Further, it provides services and repairs to its energy product customers, including under warranty and extended service plans; and various financing options to its residential customers; lithium-ion battery energy storage products, such as Powerwall and Megapack; energy generation products, including solar panels and solar roof; self-driving development and artificial intelligence software, vehicle control and infotainment software, and battery and powertrain.
- The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017.
- Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.