New York, June 11, 2026, 07:05 EDT – Tesla Inc. (TSLA) shares rebounded in premarket trading Thursday after Belgium approved the company’s Full Self-Driving (Supervised) driver-assistance system. The stock was quoted at approximately $387–$388 in early premarket action, up from Wednesday’s close of $381.59, which marked a 3.8% decline.
Belgium becomes the fifth European Union member state to authorize Tesla’s FSD (Supervised) software, joining the Netherlands, Lithuania, Estonia, and Denmark. The approval was signed by Annick De Ridder, Flanders’ transport minister, who posted on X that she had officially cleared the system. According to Reuters, once one Belgian region signs off, the authorization is valid nationwide.
This regulatory win is significant for Tesla because the company’s valuation increasingly hinges on software, robotaxis, and artificial intelligence rather than solely on vehicle deliveries. In the first quarter, Tesla reported 1.28 million active FSD subscriptions, a 51% year-over-year increase, while total deliveries rose 6% to 358,023 units. Investors are closely watching whether paid software can generate higher-margin recurring revenue than the core automotive business over time.
Tesla has been pushing for broader European adoption. In its Q1 report, the company noted that FSD (Supervised) had transitioned to a subscription-only model and achieved a record number of new subscriptions in the quarter. The Dutch approval, Tesla said, “clears the path for potential approval in other EU countries.” The monthly subscription fee is $99 in markets where the plan is available. As of the latest update, Belgium was not yet listed on Tesla’s support page, which currently includes the U.S., Canada, Mexico, Australia, New Zealand, the Netherlands, Lithuania, Estonia, and Denmark.
The broader market backdrop is supportive of the rebound. U.S. stock-index futures climbed Thursday morning, with investors buying beaten-down tech shares. Nasdaq 100 futures were up 1.19% at 6:22 a.m. ET, according to Reuters. Tesla tends to trade in line with high-growth technology stocks rather than traditional automakers, so the tech rally provides additional tailwinds.
However, the path to widespread European approval remains uncertain. Reuters reported in May that to gain broader EU authorization, Tesla would need backing from a qualified majority—15 out of 27 member states representing 65% of the population. Regulators have raised concerns about speeding, handling of icy roads, driver monitoring, and whether the “Full Self-Driving” name could mislead consumers. Tesla’s own documentation emphasizes that FSD (Supervised) “does not make your vehicle autonomous” and requires the driver to remain attentive and ready to intervene at all times.
Investors are now watching whether approvals in Belgium and Denmark are isolated wins or the beginning of a wider European rollout. Larger markets such as Germany and France carry more weight for sales and would be more impactful for Tesla’s self-driving narrative. A broader EU nod would be a much stronger catalyst for the stock’s valuation tied to autonomy.
Meanwhile, SpaceX is back in the spotlight. Reuters reported that pricing for SpaceX’s potential record IPO was expected later Thursday, with a target of $75 billion raised at a $1.75 trillion valuation. Elon Musk is also scheduled to join an ASML employee event virtually to discuss a proposed “Terafab” chipmaking project that would supply both Tesla and SpaceX. While a SpaceX listing could boost investor appetite for Musk’s AI and robotics ventures, it might also divert attention and capital away from Tesla at a time when the company is pitching FSD, Robotaxi, and Optimus as reasons for its rich valuation.
