Tesla said on Wednesday that it is continuing to prepare for the launch of its Full Self-Driving (FSD) Supervised software in Europe and a “broader release” in China later this year, pending regulatory approval.
While reporting its second quarter earnings results, the company said it is also working toward a “broader release” of the software in China, the world’s largest market for new energy vehicles.
“We continue to prepare for broader release of FSD (Supervised) in China this year, pending regulatory approval,” Tesla wrote in its Q2 earnings shareholder deck about China.
The company has already launched the FSD in China earlier this year, however stricter regulations in Europe mean that Tesla is still limited to testing the technology on the continent.
Gigafactory Shanghai remains Tesla’s primary export hub as the company launches in new markets. Earlier this month, the company started sales in India, the world’s third largest automotive market.
About Europe, the company wrote, “We continue to prepare for the launch of FSD (Supervised) in Europe this year, pending regulatory approval.”
On a page dedicated to FSD, Tesla for the first time showed the software being tested in London, marking the addition of another major European city to its ongoing trials. Previous testing locations in Europe have included Amsterdam, Paris, and Rome.
Over the weekend, Tesla‘s chief had stated that the Full Self Driving system will have a “step change improvement” as the company prepares to open its robotaxi service to the general public.
Model Y was the best-selling vehicle in Norway YTD and in Türkiye, Netherlands, Switzerland and Austria in June.
Tesla said customers had driven more than 4.5 billion miles using FSD as of June, up from around 4 billion in March.
In its shareholder communication, Tesla said it remains difficult to assess the impact of shifting global trade and fiscal policies on supply chains, cost structures and demand.
“It is difficult to measure the impacts of shifting global trade and fiscal policies on the automotive and energy supply chains, our cost structure and demand for durable goods and related services,” Tesla said.
“While we are making prudent investments that will set up both our vehicle and energy businesses for growth, the actual results will depend on a variety of factors, including the broader macroeconomic environment, the rate of acceleration of our autonomy efforts and production ramp at our factories,” the company added.
The company also noted that the Model Y was the best-selling vehicle in Norway year-to-date and ranked first in monthly sales in Türkiye, the Netherlands, Switzerland and Austria in June.
