China shuts down Elon Musk's claim that Tesla FSD will be approved next month
3 months ago
- #Autonomous Driving
- #Tesla
- #China Market
- Tesla's Full Self-Driving (Supervised) rollout in China faces delays as Chinese state media refutes Elon Musk's claim of approval 'next month'.
- Elon Musk's optimistic timeline for FSD approval in China and Europe led to a temporary rise in Tesla's stock, but China's regulatory reality contradicts this.
- Tesla has made progress in China, including a partnership with Baidu for mapping and clearing some data security hurdles, but full approval remains uncertain.
- Chinese state media's quick response to Musk's comments indicates close attention to Tesla's FSD developments in the market.
- Competition in China's autonomous driving space, with local players like XPeng offering advanced ADAS, poses challenges for Tesla's FSD adoption and pricing strategy.