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
NBA playoffs: Edwards leads Wolves to 98
DENVER (AP) — Anthony Edwards overcame a slow start and the Timberwolves roared back from a 20-point2024-05-21- PHILADELPHIA (AP) — Spencer Turnbull carried a no-hit bid into the seventh inning, Alec Bohm hit a p2024-05-21
China's railways handle over 300 mln passenger trips in festival travel rush
BEIJING, Feb. 20 (Xinhua) -- More than 300 million passenger trips were made via China's railways fr2024-05-21Miami Heat fans are SLAMMED by Kendrick Perkins for leaving 'too many' empty seats for crucial play
Kendrick Perkins blasted the Miami Heat fanbase for not backing their team during Friday's crucial p2024-05-21OpenAI pauses ChatGPT voice after Scarlett Johansson comparisons
NEW YORK (AP) — OpenAI says it plans to halt the use of one of its ChatGPT voices after some users s2024-05-21Chinese publisher unveils new Harry Potter tie
BEIJING, April 16 (Xinhua) -- The People's Literature Publishing House has released a new Harry Pott2024-05-21
atest comment