Tesla faces EU pushback on self-driving amid broader setbacks
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Tesla is facing pushback from EU regulators regarding its Full Self-Driving system due to safety concerns, which may delay its robotaxi rollout. The company has also experienced operational setbacks, including the cessation of Model S and X production, recalls of Cybertrucks, and a 10% drop in sales in China year-over-year in April. Despite strong Q1 earnings, high valuations and regulatory challenges present significant risks for long-term investors.
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