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:
Meghan's fruity flop? Only THREE unfamous faces out of 50 chosen jamWas Dubai's apocalyptic storm SELFMeghan's fruity flop? Only THREE unfamous faces out of 50 chosen jamClarifications and correctionsHillary Clinton and Malala Yousafzai producing. An election nigh. ‘Suffs’ has timing on its sideNorth Carolina University system considers policy change that could cut diversity staffOwner of ship in Baltimore bridge collapse asks cargo owners to help cover salvage costs'Callous' crook who pretended to be an 82The OTHER glamorous aide supporting Trump at his trial: Meet his golf partner Natalie HarpBond denied for 4 'God's Misfits' defendants in the killing of 2 Kansas women
3.1578s , 6502.7890625 kb
Copyright © 2024 Powered by Tesla's stock leaps on reports of Chinese approval of driving software ,Global Gazetteer news portal