Tesla Inc

TSLA: XNAS (USA)
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Tesla: Management Aims to Roll Out FSD to China and Europe in First Quarter of 2025

Tesla's artificial intelligence team announced its product release roadmap, which includes plans to launch its full self-driving software in Europe and China in the first quarter of 2025, pending regulatory approval. Our forecast already assumes 50% adoption rate growth in FSD in 2025 versus 2024. Accordingly, we see no reason to change our outlook based on this announcement. We're maintaining our $200 fair value estimate and narrow moat rating for Tesla.

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