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 articles:
Related suggestion:
China ready to launch Chang'eChina boasts 2 mln beds in integrated medical, elderly care institutionsChina's space weather center predicts strong solar flaresChina's top legislature starts standing committee sessionNew Asteraceae species discovered in SW ChinaAngels beat Rangers 9Nootbaar, Winn hit 2China to revive outbound group travel to more countriesThe Sun score 15 straight points in the fourth quarter to pull away from the Mystics 84King Charles and Queen Camilla could miss super
2.9528s , 5513.15625 kb
Copyright © 2024 Powered by Tesla's stock leaps on reports of Chinese approval of driving software ,Culture Corner news portal