health

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

Font size+Author:Stellar Stance news portalSource:entertainment2024-05-22 10:19:27I 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
  • Weather forecasters warn Pakistanis to stay indoors ahead of new heat wave

    Weather forecasters warn Pakistanis to stay indoors ahead of new heat wave

    2024-05-22 09:53

  • China's STEM programs rank among world's best

    China's STEM programs rank among world's best

    2024-05-22 09:44

  • Sunbeams from the north

    Sunbeams from the north

    2024-05-22 08:25

  • Xi to Pay State Visit to Vietnam

    Xi to Pay State Visit to Vietnam

    2024-05-22 08:16

Netizen comments