Core Viewpoint - A South Korean lawmaker has endorsed Tesla's Full Self-Driving (FSD) technology, highlighting its potential to transform daily life as the company prepares for a European expansion of the technology next year [1][2]. Group 1: Legislative Support and Experience - Lee So-young, a member of South Korea's National Assembly, praised Tesla's FSD as "a completed technology" that could significantly impact people's daily lives [2]. - The lawmaker noted that the recent launch of FSD in Korea marked the first public application of the technology in the country, expressing a desire for more leaders in South Korea to experience self-driving technology firsthand [3]. Group 2: Legal and Sales Challenges - Tesla faces a 30-day suspension in California for using potentially deceptive marketing terms like Autopilot and FSD, as the vehicles are not yet optimized for unsupervised autonomous driving [4]. - This legal issue follows a lawsuit from the California DMV, and Tesla is also testing driverless Robotaxis in Austin, aligning with CEO Elon Musk's timeline for deployment by the end of the year [5]. - The company has reported a significant 23% decline in sales during November, attributed to decreased EV demand in the U.S. amid changing policies under President Donald Trump [6]. Group 3: Performance Metrics - Tesla is noted to perform well on Momentum and Quality metrics, with satisfactory Growth but poor Value, and it shows a favorable price trend in the short, medium, and long term [7].
Tesla's FSD Gets Boost From South Korean Lawmaker As Europe Rollout Nears - Tesla (NASDAQ:TSLA)