Tesla has proposed to launch robotaxis in China, Chinese state media reports [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
According to the report, China may support Tesla's domestic testing and demonstration of robotaxis but has not approved the full implementation of Full Self-Driving (FSD) software in China. Tesla did not immediately respond to a request for comment on the China Daily report. FSD is the most autonomous version of Autopilot software and was rolled out in 2020. Its features include self-parking, auto lane changes and traffic navigations. The China Daily report comes shortly after Tesla CEO Elon Musk made a whirlwind weekend trip to Beijing late last month, where he made progress towards rolling out FSD. Musk on the trip intended to discuss the rollout of FSD and whether Tesla could secure government approvals to transfer data overseas that could prove pivotal in its development of autonomous vehicles, according to a person with knowledge of the matter. (Reporting by Beijing newsroom; Editing by Sonali Paul)
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