What would a full rollout of autopilot in China mean for Tesla? [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
US automaker won an endorsement from a top Chinese auto association, which saw its Model 3 and Y cars named compliant with China's data security requirements. The endorsement would give local governments the power to allow Tesla cars into parts of China they were previously banned from, according to Chinese media. Tesla also reached an agreement with Chinese tech giant Baidu to use Tesla's mapping license for data collection on China's roads, according to Reuters , citing two people familiar with the matter. Due to data security hurdles, Tesla has been offering a limited version of its FSD software in China for the last four years. Tesla has stored all data collected by its vehicles in China domestically to appease Chinese regulators since 2021, acting as a major hurdle to widespread adoption in the country. While Tesla's endorsement from one of China's auto associations is a positive step for a future unrestricted autopilot rollout in the country, it is unclear how many oth
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