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.
Investigators return to Long Island home of Gilgo Beach serial killing suspect
Lawmakers criticize CIA's handling of sexual misconduct but offer few specifics
Iowa lawmakers address immigration, religious freedom and taxes in 2024 session
China's manufacturing hub sees 9.1 pct foreign trade growth in Q1
Ricky Stenhouse punching Kyle Busch could lead to suspension
Travis d'Arnaud homers again and Bryce Elder shuts down Marlins in Braves' 3
Revealed: England's smart motorways lost power nearly 400 times in two years
Fears Rwanda flights will fail if migrants disappear en masse to avoid being deported from the UK
Candice Swanepoel stuns in a form
Seattle hospital won't turn over gender
OpenAI pauses ChatGPT voice after Scarlett Johansson comparisons
China's new quality agricultural productive forces to be fully developed: report