entertainment

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

Font size+Author:World Web news portalSource:sport2024-05-21 17:22:18I 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
  • Russian theater director and playwright go on trial over a play authorities say justifies terrorism

    Russian theater director and playwright go on trial over a play authorities say justifies terrorism

    2024-05-21 16:43

  • A job with Fred the Shred, selling milk to the Chinese

    A job with Fred the Shred, selling milk to the Chinese

    2024-05-21 16:09

  • Time for some Royal R&R! King Charles and Queen Camilla arrive in Aberdeen for a restful

    Time for some Royal R&R! King Charles and Queen Camilla arrive in Aberdeen for a restful

    2024-05-21 15:03

  • Archbishop of Canterbury says Kate Middleton conspiracy theories are nothing more than 'old

    Archbishop of Canterbury says Kate Middleton conspiracy theories are nothing more than 'old

    2024-05-21 15:01

Netizen comments