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Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China [MSNBC.com]
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US:NASDAQ Investor Relations: ir.tesla.com
In this articlewatch nowVIDEO4:1204:12Elon Musk makes surprise visit to China: Here's what to knowSquawk BoxShares ofTeslaThe company's share price closed up 15% as investors reacted to news surrounding Tesla CEO Elon Musk's visit to China.Tesla on Sunday said local Chinese authorities removed restrictions on its cars after passing the country's data security requirements.The move raised expectations that Tesla's driver-assistance software Full Self-Driving, or FSD, would soon be available in the country, which is the largest market for electric vehicles.While Tesla's electric cars are some of themost popular vehicles in Chinareportedly been banned from some government-related propertiesSeparately, the Biden administration earlier this yearannounced a probe into whether imported cars from China pose national security risksFSD is an upgrade to Tesla's Autopilot driver assistant. Tesla does not yet make or sell cars capable of full autonomous driving. It sells "Level 2" driver-assistanc
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