Over the past year, Tesla's AI story has been carried almost entirely by a single market: North America — the Robotaxi pilot operations in Austin, feature iterations of FSD (Supervised), and the data flywheel built around its end-to-end large model. But as the domestic delivery base plateaus and competitors rapidly close the gap in intelligent driving, capital market attention is quietly migrating: can FSD step beyond North America and complete its rollout in Europe and China, the world's two largest automotive markets
2026.11.03
