Tesla clears key self-driving hurdles after Elon Musk’s successful visit to China
In a strategic move, Elon Musk's swift visit to China yielded significant gains for Tesla Inc. as it surges past hurdles to unveil its driver-assistance system in the world's largest auto market. Partnering with Baidu Inc., Tesla advances its Full-Self Driving (FSD) initiative, bolstered by passing crucial data-security protocols. Amidst tightening competition, this pivotal approval marks a turning point for Tesla's revenue trajectory, signalling a potential resurgence in China's EV landscape.
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By Bloomberg News
Elon Musk's quick visit to China paid immediate dividends, with Tesla Inc. clearing two key hurdles to introduce its driver-assistance system to the world's biggest auto market.
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