5 Best Reddit Stocks to Buy According to Billionaires

3. Tesla, Inc. (NASDAQ:TSLA)

Number of Billionaire Holders: 33

On May 20, Reuters reported that Tesla, Inc. (NASDAQ:TSLA) said on X that its Full Self-Driving (Supervised) driver assistance software was being rolled out in Lithuania. The country became the second in Europe to allow the system after approval was granted in the Netherlands last month.

Dutch regulator RDW is seeking approval across the European Union. At the same time, other member states can choose to recognize the Dutch certification and allow the system to operate locally. The Lithuanian Transport Safety Administration confirmed that Lithuania had recognized the Dutch approval.

Belgium was expected to become the next country to follow the Netherlands, as an authorization process had already started in the Flanders region. One Tesla vehicle is currently testing the FSD system on public roads there. Greece is also moving in the same direction. The country’s transport ministry said on Wednesday that it was preparing a bill that would grant a similar type of approval.

According to Reuters, Dutch RDW tested the system for more than one and a half years on both test tracks and public roads before giving its approval.

Tesla, Inc. (NASDAQ:TSLA) designs, develops, manufactures, sells, and leases fully electric vehicles and energy generation and storage systems. The company also provides related services through its automotive and energy generation and storage segments.