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Tesla's stock leaps on reports of Chinese approval for the company's driving software [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
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. In afternoon trading, shares in Tesla Inc., which is based in Austin, Texas, surged almost 15% — its biggest one-day jump since February 2020
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