California Puts Tesla's FSD Claims Under the Microscope

California Demands Changes to Full Self-Driving (FSD) Tech Descriptions

Tesla is under pressure from California regulators to modify how it markets its Full Self-Driving (FSD) technology. If Tesla fails to comply within 90 days, it risks losing its license to sell cars in California for 30 days. The core issue revolves around the expectations drivers have regarding the capabilities of the technology.

Expert Reactions

Ross Gerber

• CEO of Gerber Kawasaki
• Believes this could be the end of Tesla calling its tech "full self-driving."
• Acknowledges improvements but remains critical.
• Still invests in Tesla, indicating mixed feelings.

Gene Munster

• Managing Partner at Loup Ventures
• Calls the ruling "absurd."
• Notes Tesla already instructs drivers to keep hands on the wheel and eyes on the road.
• Jokes about a potential name change: "California Driver Must Stay Alert and In Control At All Times Cruise Control."
• Predicts Tesla will soon expand its driverless Robotaxi services.

Stock Performance

• Market Value: Over $1.58 trillion, making it the most valuable car company globally.
• Comparison: Ahead of Toyota, BYD, and Xiaomi.
• Ratings: High on momentum and quality, low on value.
• Trends: Upward trajectory in short, medium, and long terms.

Recent Stock Movements

• Recent Drop: 4.62% to $467.26.
• After-Hours Recovery: Up 0.46% to $469.40.

Despite regulatory challenges and market fluctuations, Tesla continues to dominate the automotive industry.