Tesla Shares Pop 10% as CEO Elon Musk Secures Tentative Approval for Full Self-Driving in China

Benzinga
Benzinga
  • 13 days ago
Tesla CEO Elon Musk met China Premier Li Qiang during a surprise visit to China on Sunday and received tentative approval to introduce Full Self-Driving in China. Reports indicate Tesla cleared China's data security reviews, allowing local authorities to lift restrictions on Tesla vehicles in certain areas. Tesla will partner with Baidu to provide access to mapping data and lane-level navigation services. Rivals like BYD have announced new EV models with advanced driver assistance at the Beijing Auto Show, putting pressure on Tesla without new vehicles to showcase.

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