The letter was sent to the EU’s Technical Committee on Motor Vehicles, which is expected to discuss the issue again on June 30 before a later vote on whether to allow the technology across the bloc. Tesla has already received approval in some European countries for FSD, which lets vehicles steer themselves on city streets and highways while a human driver remains responsible for supervision. However, Sweden’s transport authority appears worried that allowing automated driving systems to go above legal speed limits could weaken road safety rules.
In its letter, the Swedish authority argued that automated systems should not be allowed to systematically break speed limits because doing so could undermine both the law and the expected safety benefits of vehicle automation. As a result, it called for Tesla to disable that part of the software before a wider rollout is approved. Otherwise, the agency said it recommends that the EU committee vote against introducing the feature across Europe.
What Is the Prediction for TSLA Stock?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on TSLA stock based on 11 Buys, 15 Holds, and three Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $402.36 per share implies that shares are trading near fair value.Disclaimer & DisclosureReport an Issue
