Tesla's Full Self-Driving (FSD) software has received regulatory approval in the Netherlands, marking its first such approval in the European market. According to BlockBeats, Tesla is hopeful that other European Union countries will follow suit. The widespread adoption of FSD is a key component of Tesla's growth strategy.
A significant portion of the company's current valuation, approximately $1 trillion, hinges on CEO Elon Musk's bet that AI-driven autonomous driving software and robotaxis will become major revenue sources for Tesla in the future.