Key insights
- Tesla anticipates a decision from the Dutch vehicle authority (RDW) regarding Full Self-Driving approval by April 10, potentially leading to EU-wide approval this summer. Positive regulatory developments for Tesla's self-driving technology could modestly boost investor confidence and positively influence the stock.
AMSTERDAM, March 20 (Reuters) - Tesla Europe expects a decision by April 10 from the Dutch vehicle authority RDW on whether to approve Full Self-Driving technology in the Netherlands, it said on Friday.
A spokesperson for RDW, which handles type approvals for Tesla in Europe, declined to comment. The agency said in November it would approve the technology once its safety had been convincingly demonstrated.
"We are anticipating a possible EU-wide approval during the summer," Tesla Europe said in a statement posted on social media platform X.
(Reporting by Toby Sterling; Editing by Joe Bavier)