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.
Kevin Pillar gets 1,000th career hit in Angels' win at Texas
Mining for local fertiliser better than buying 'blood phosphate'
EDITORIAL: Nissan rebuke shows preying on suppliers still exists in Japan
Cyclone Gabrielle: Helicopter pilot recalls emotions, panic during rescue operation
'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
Trump to stand trial on 25 March in New York criminal hush money case
Kamala Harris blames Trump for abortion ban in Arizona
Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
Scrapping clean car discount cost $138m in fuel savings – transport officials
Why US Catholics are planning pilgrimages in communities across the nation
Politicians arrive at Rātana celebrations in wake of national hui