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Musk says Tesla is expanding output, with FSD the biggest demand driver
Musk said on Tesla’s earnings call that vehicle demand far exceeds production capacity and that the company is significantly expanding output. He identified FSD as the biggest driver of demand. Musk also said FSD has permission in several European countries, while Tesla is seeking EU-wide approval whose timing remains uncertain.
What to know
- 01
Musk said Tesla is producing and delivering as many vehicles as possible while pursuing FSD approvals in more markets.
- 02
He said EU-wide approval could arrive within months or take until the first quarter of next year, emphasizing that Tesla does not control the process.
Why it matters
The remarks highlight FSD’s role in vehicle demand as described by Musk, alongside the importance of regulatory approvals for its expansion into more markets.
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