Jan 22 (Reuters) - Elon Musk expects Tesla to receive approval for its Full Self-Driving (FSD) advanced driver assistance system in Europe and China by next month, the billionaire said on Thursday.
The
approvals would be a significant step for Tesla as the electric automaker looks to monetize FSD outside the U.S. as a drop in electric vehicle sales have increased pressure to generate revenue from software and services.
"We hope to get Supervised Full Self-Driving approval in Europe, hopefully next month, and then maybe a similar timing, timing for China," Musk said at his first appearance at the World Economic Forum in Davos.
Shares of the automaker rose about 1.5% after the comments.
Musk has been pitching Tesla as a company whose growth lies in humanoid robots and self-driving vehicles, even though it makes a big share of its money from the electric-vehicle business, which faces intense competition and brand hit in some markets.
The system, which Tesla markets as Full Self-Driving, is classified as an advanced driver assistance feature that requires drivers to remain attentive, and regulators have scrutinized it amid concerns over the safety and oversight of automated driving technologies.
Tesla has been seeking approval to roll out FSD system in Europe, where tougher vehicle safety rules and a fragmented regulatory framework have slowed deployment compared with the U.S.
The company reported a second consecutive drop in vehicle deliveries in 2025, ceding its position as the largest electric vehicle maker in the world to China's BYD after several years in the pole position.
(Reporting by Akash Sriram in Bengaluru; Editing by Arun Koyyur)
