Elon Musk makes an unannounced visit to Beijing , discussing the rollout of Full Self-Driving software. Tesla may introduce the self-driving software to China customers "very soon" despite regulatory hurdles.
"Honoured to meet with Premier Li Qiang. We have known each other now for many years, since early Shanghai days," Mr Musk posted on social media platform X, as he appeared in a picture with the premier. Mr Musk said this month that Tesla may make FSD available to customers in China "very soon," in response to a query on X."While the long term valuation story at Tesla hinges on FSD and autonomous, a key missing piece in that puzzle is Tesla making FSD available in China which now appears on the doorstep," Wedbush said in an emailed company report.Rival Chinese automakers such as Xpeng have been seeking to gain an advantage over Tesla by rolling out similar software.
Mr Musk's visit to China, first reported by Reuters, was not flagged publicly and the person spoke on condition of anonymity because they were not authorised to speak with media.Chinese state broadcaster CCTV in its report about Mr Musk's meeting with Mr Li did not say whether the two had discussed FSD or data.
The company said this month it would lay off 10 per cent of its global workforce as it grapples with falling sales and an intensifying price war for EVs led by Chinese brands.
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