Electric vehicle giant Tesla (TSLA) landed a fairly big win to start off the week. Authorities in the Netherlands have officially signed off on the use of Full Self-Driving (Supervised) technology in the country. This is regarded as an important stepping stone into the whole of Europe. The news was welcome enough to shareholders, who gave Tesla stock a modest boost in Monday afternoon’s trading.
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New trading tool for TSLA bearsThe word out of Tesla was a bit brusque, but absolutely clear. “FSD Supervised has been approved in the Netherlands & will begin rolling out in the country shortly.” This was subsequently confirmed by RDW, the Dutch motor authority, who confirmed not only issuing a “type approval” but that the process involved around 18 months of examination and testing beforehand.
Tesla, interestingly, is not the first company to get approval for a self-driving system in the Netherlands. Both BMW and Ford (F) have landed Dutch approval for similar systems. The approval’s terms allow Dutch drivers to actually go hands-free, but require them to remain both fully attentive and ready to intervene. Reading or using smartphones are both prohibited in such a situation.
Guess Your Age
Ever been to one of those county fair booths where the person running it will guess your age or your weight? Now, Tesla’s Cabin Camera system will do something similar thanks to its recent software upgrade to 2026.8.6. The upgrade will now offer utilities that estimate the age of the current driver.
The idea, reports note, is that the age checking system will work as a safety feature, preventing underage users from activating the Full Self-Driving system, or even shifting the car into drive to begin with. It could also be used as a security measure for Cybercab systems that will not allow the underaged to ride unsupervised, which seems like a significant use case just out the window altogether.
Is Tesla a Buy, Hold or Sell?
Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 13 Buys, 10 Holds, and seven Sells assigned in the past three months, as indicated by the graphic below. After a 38.28% rally in its share price over the past year, the average TSLA price target of $402.29 per share implies 14.25% upside potential.
