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. |
China's Woman Astronaut Sends Int'l Women's Day Greetings from SpaceChinese Procurators Help Schools Promote Legal Work, Campus SecurityXinjiang Issues Development Plan for Women, ChildrenBeverage grading system launched in ShanghaiMaternity Leave Extended in 25 Chinese Provinces: OfficialFeature: Beijing Normal University Pioneers Integrating Sports, EducationChina Sets out 52022 Beijing Media Center OpensOlympic Villages for Beijing 2022 Officially OpenPeople Around China Celebrate Chinese Lunar New Year