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Regulatory momentum in EU could expand FSD deployment and software revenue; materiality depends on actual EU-wide approvals and rollout pace, which historically has been gradual and policy-dependent.
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Netherlands approved Tesla's Full Self-Driving four months ago and now advocates EU-wide adoption. This regulatory openness could broaden FSD access and create a path for software monetization in Europe, though actual rollout depends on safety reviews and member-state approvals. If Europe moves forward, TSLA could see meaningful software revenue upside over the medium term.
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