Tesla shares spike 12% as Elon Musk wins approval for full self-driving rollout in China
Briefly

from New York Post2 weeks ago
Top Chinese officials tentatively approved Tesla's Full Self Driving tech after Musk's visit, relying on Baidu's mapping license for navigation.
New York Posthttps://nypost.com/2024/04/29/business/tesla-spikes-12-as-elon-musk-wins-ok-for-self-driving-rollout-in-china/
Meeting Premier Li Qiang, Musk expressed honor, hinting at long-term relations since early Shanghai days, as Tesla aims to navigate Chinese competition with local approvals.
New York Posthttps://nypost.com/2024/04/29/business/tesla-spikes-12-as-elon-musk-wins-ok-for-self-driving-rollout-in-china/
Deal with Baidu reassures Beijing on data privacy. Tesla's data stored in Shanghai since 2021. Wedbush analyst highlights Baidu deal as crucial for Beijing's approval.
New York Posthttps://nypost.com/2024/04/29/business/tesla-spikes-12-as-elon-musk-wins-ok-for-self-driving-rollout-in-china/
Read at New York Post
#tesla #elon-musk #china #full-self-driving #baidu
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