Why Tesla Stock Popped Today - The Globe and Mail

Tesla Stock Soars as Full Self-Driving Rollout Timeline Revealed

Tesla stock experienced a significant boost today, with shares jumping over 7% in trading. The cause? The company announced a timeline for its highly anticipated full self-driving (FSD) rollout. As FSD revenue is expected to boost earnings, investors are eagerly buying shares. Additionally, Tesla plans to offer its latest FSD version to customers in Europe and China beginning in the first quarter of 2025, further adding to the company's future earnings potential. Despite the fact that regulatory approval is still required for the rollout in these regions, the news has generated excitement among investors. With the recent robotaxi event planned for October 10th, investors can expect more details about Tesla's autonomous driving aspirations soon.