travel

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

Font size+Author:Earth Examination news portalSource:business2024-05-21 12:07:33I want to comment(0)

NEW YORK (AP) — Shares of Tesla stock rallied Monday after the electric vehicle maker’s CEO, Elon Mu

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
  • Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine

    Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine

    2024-05-21 11:41

  • Cherry blossom in Yuyuantan Park, with the Central Television Tower as background

    Cherry blossom in Yuyuantan Park, with the Central Television Tower as background

    2024-05-21 11:26

  • Zhangjiagang Port maintain operation all night to ensure that ships do not overwhelm the port

    Zhangjiagang Port maintain operation all night to ensure that ships do not overwhelm the port

    2024-05-21 11:12

  • Washington moves seen as risking instability

    Washington moves seen as risking instability

    2024-05-21 10:28

Netizen comments