Hopla, Tesla is volledig mee in China.
Deal met internetreus Baidu voor FSD-mapping.
Citaat:
https://www.marketwatch.com/story/te...=mw_quote_news
Last Updated: April 29, 2024
Tesla stock jumps after reports China data security rules cleared, partnership deal with Baidu.
Shares of Tesla Inc. jumped in premarket trade on Monday after Elon Musk’s surprise trip to China yielded results.
The company reportedly passed a regulatory bar for its new driver assistance technology and partnered with China’s internet giant, Baidu. Tesla TSLA, -1.11% will team up with Baidu BIDU, +0.62% for mapping and navigation on Full-Self Driving assistance for drivers, Bloomberg reported on Monday, citing sources. MarketWatch has reached out to Baidu for comment.
Shares of Tesla were up over 6% ahead of Monday’s open.
The likely progress for Musk in China came after he made an unannounced visit to the country over the weekend, meeting with several officials, including Premier Li Qiang.
The meetings were aimed at getting Tesla’s Full-Self Driving (FSD) software rolled out to Chinese drivers and permission for transferring data overseas, Wedbush analyst Dan Ives wrote in a Sunday report. Tesla needs all FSD features unlocked to fully open its new driver assistance technology opened for Chinese owners.
Bloomberg and other media outlets reported Monday that Tesla vehicles, reportedly barred from military and other government sites due to data collection concerns, have now been cleared by the Chinese government over data security and privacy.
According to ChinaDaily.com, the China Association of Automobile Manufacturers (CAAM) released a list of 76 models of intelligent connected cars that meet standards for the country’s data security requirements for automobiles, with Tesla and rival BYD 002594, +0.92% both on those lists.
The approval came after security tests conducted by CAAM and National Computer Network Emergency Response Technical Team/Coordination Center of China.
MarketWatch has reached out to Tesla and the CAAM for comment.
“While the long term valuation story at Tesla hinges on FSD and autonomous, a key missing piece in that puzzle is Tesla making FSD available in China which now appears on the doorstep,” said Ives.²
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Tsla momenteel +10% in voorbeurs, of $185