7 Basic Materials Stocks to Buy to Anchor Your Portfolio

The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!

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Video Shows Tesla's Demonstration Of Full Self-Driving Capabilities In Germany

Benzinga EV Insights
April 29, 2024

Tesla Inc (NASDAQ:TSLA) demonstrated the capabilities of its Full Self-Driving (FSD) software to a Swedish Transport Administration official in Germany, marking a notable first for the use of Tesla's FSD technology on European roads, as shared by DriveTeslaCanada.

This event underscored Tesla's ongoing efforts to expand the reach of its advanced autonomous driving technology beyond North America, where it was primarily tested and deployed since its initial release in October 2020.


The demonstration was in Munich with Rikard Fredriksson, a senior advisor at the Swedish Transport Administration, experiencing the FSD's performance firsthand.

The test run was a 45-kilometer (@28 miles) journey through the city with Fredriksson highlighting the system’s “impressive smooth and natural driving” in a post on LinkedIn.

Marc Van Impe, Tesla Global Policy Lead, and Phillip Holz, Lead Vehicle Operator ADAS Test Operations, conducted the demonstration in a Midnight Cherry Red Model Y equipped with the latest supervised version of FSD.

This event comes amidst ongoing regulatory challenges in Europe where stricter autonomous driving regulations hindered the broader deployment of FSD.

Despite recent updates from the United Nations Economic Commission for Europe (UNECE) on Driver Control Assistance Systems (DCAS), Tesla struggled to meet regulatory standards that currently prohibit system-initiated maneuvers essential for FSD functionality. The demonstration to the Swedish official could be a step towards engaging European regulators and showcasing the system's potential within the prescribed legal framework.

This strategic move aligns closely with Tesla’s recent activities, including a reported deal with Chinese internet giant Baidu to further integrate and enhance FSD capabilities.

Read Next: Tesla's Model 3 And Model Y Clear China's Data Security Hurdle, FSD Software Deployment Nears

Photo: Model Y, courtesy of Tesla

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