Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Tesla's stock leaps on reports of Chinese approval of driving software !

Tesla's stock leaps on reports of Chinese approval of driving software

Time:2024-05-17 23:16:04 source:Stellar Spectacle news portal

NEW YORK (AP) — Shares of Tesla stock rallied Monday after the electric vehicle maker’s CEO, Elon Musk, paid a surprise visit to Beijing over the weekend and reportedly won tentative approval for its driving software.

Musk met with a senior government official in the Chinese capital Sunday, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show.

According to The Wall Street Journal, which cited anonymous sources familiar with the matter, Chinese officials told Tesla that Beijing has tentatively approved the automaker’s plan to launch its “Full Self-Driving,” or FSD, software feature in the country.

Although it’s called FSD, the software still requires human supervision. On Friday the U.S. government’s auto safety agency said it is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the road. Tesla has reported 20 more crashes involving Autopilot since the recall, according to the National Highway Traffic Safety Administration.

Related information
  • Britain's 'kindest' plumber damaged my home
  • ACWF President Calls on Teachers to Pass on China's COVID
  • SCO Children's Online Art Exhibition Opens
  • National Survey on Chinese Women's Social Status Kicks Off
  • Ludvig Aberg aims to build on his Masters runner
  • National Parent
  • National Survey on Chinese Women's Social Status Kicks Off
  • ACWF Holds Leadership Meeting to Study Spirit of 'Two Sessions'
Recommended content
  • King Charles' portrait painter Jonathan Yeo admits not everyone will like the 'fiery' painting
  • More Foreign Organizations Support Chinese Women in Battle Against COVID
  • Spreading Traditional Chinese Culture
  • ACWF Calls for Women to Contribute to Economic and Social Development, Regular COVID
  • Argentina and Messi will play 2 warm
  • ACWF Holds Forum to Share Women's Efforts, Achievements in Battle Against Poverty