The billionaire blew off India citing âvery heavy Tesla obligations,â making time for a meeting with Chinese Premier Li Qiang. Tesla's sales in China slipped while globally losing a third of its value since January.
Tesla investors express concerns about delays in genuine driverless capabilities. An $8,000 Full Self-Driving add-on still requires driver attention and poses risks, like the Autopilot feature.
Tesla secured a data mapping license in China through a partnership with Baidu, marking a significant move. Analysts view this as a 'watershed moment' for Tesla's future in China.
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