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.
Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
John Daly withdraws from the PGA Championship with a thumb injury
North Korea fires ballistic missile toward sea, South Korea's military says
Latinos found jobs and cheap housing in a Pennsylvania city but political power has proven elusive
Why US Catholics are planning pilgrimages in communities across the nation
A mayoral candidate and 5 other people killed in gunfire at a campaign rally in southern Mexico
Man with Britain's largest penis reveals the downsides
'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
Marseille coach Gasset, 70, says he will retire at the end of the season
Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
Marseille coach Gasset, 70, says he will retire at the end of the season