EV maker Tesla (TSLA) has confirmed that it will launch its Full Self-Driving (FSD) Supervised system in South Korea. The announcement came from Tesla Korea’s official X (formerly Twitter) account, which posted a video showing the feature in action. In the clip, a Tesla Model S is seen driving on local roads, changing lanes, navigating intersections, and parking by itself while the driver’s hands remain off the wheel. The footage appears to have been filmed in South Korea, which suggests that Tesla has already been testing the technology there.
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Tesla’s popularity in South Korea has grown very quickly due to the launch of the new Model Y in April, which boosted local sales by almost 93% year-over-year. However, more than 80% of Teslas sold in South Korea are built in China, and those vehicles must meet local safety standards. In contrast, U.S.-made Teslas are exempt from those rules under the Korea-U.S. Free Trade Agreement. Because of this, experts expect that the first FSD-enabled models will likely come from the U.S.
It is worth noting that Tesla’s FSD system currently has two versions: supervised and unsupervised. The supervised version still requires drivers to stay alert and be ready to take control of the wheel, while the unsupervised version, used in Tesla’s Robotaxi program, is completely autonomous. Tesla has said it plans to expand FSD Supervised to more countries next year, including Europe, China, and Japan.
What Is the Prediction for TSLA Stock?
Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 14 Buys, 10 Holds, and 10 Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $382.54 per share implies 11% downside risk.
