ETF Market Alert | CSOP Leveraged Tesla Product Jumps 7% as FSD Expands to Six European Nations, Accelerating Physical AI Ambitions

Stock News13:55

CSOP Leveraged Tesla Product (07766) surged over 7% in the afternoon session, trading up 7.06% at HK$85.18 with turnover reaching HK$1.86 million at the time of writing.

In recent news, Tesla Motors (TSLA.US) announced that the Slovenian government has approved the use of its Full Self-Driving (FSD) system on local roads, making Slovenia the sixth European country to authorize the technology ahead of a potential continent-wide approval vote in the European Union. Additionally, Tesla publicly released its self-compiled test datasets for the European and North American markets last week, with Elon Musk indicating that an EU-wide approval vote could take place as early as October 6.

Notably, under Musk's leadership, Tesla is accelerating efforts across multiple fronts simultaneously—advancing FSD technology upgrades, securing EU approval for FSD and Robotaxi services, monetizing automotive software, and ramping up robot production—to fast-track the "Physical AI mega-vision" Musk has charted for the company's growth trajectory. The company's second-quarter update reveals that FSD v14 lite, through model distillation, adapts the AI4 platform's v14 series driving capabilities to the older AI3 hardware, improving lane merging, pedestrian interaction, and destination parking scenarios, with rollout now underway to users in the United States and South Korea.

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