Tesla's stock leaps on reports of Chinese approval of driving software
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
- DENVER (AP) — The Denver Nuggets couldn’t quiet an epic second-half comeback by Minnesota or the noi2024-05-21
Ceramist to Promote Heritage Projects
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Indefatigable Team of Women Transform Barren Coastal Area of Hainan with Largescale Tree
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21UN Appeals Tribunal's First Woman Judge from China
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Mohammad Mokhber: Who is Iran’s acting president?
DUBAI, United Arab Emirates (AP) — Iran’s first Vice President Mohammad Mokhber was appointed as act2024-05-21Former Teacher Helps Farmers Get Keen on Quinoa
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21
atest comment