Elon Musk's Tesla Is Reportedly Gearing Up For FSD Beta Launch In China Despite Regulatory Hurdles
Portfolio Pulse from Benzinga Neuro
Tesla Inc. is preparing to launch its Full Self-Driving (FSD) Beta in China, despite potential regulatory challenges. The company is hiring a new team to manage the rollout, including an operations team and data labelers. The FSD package, priced at $15,000, has been on sale for nearly a decade but has not yet fully delivered autonomous driving. The launch in China, Tesla's largest market outside North America, is not expected until next year due to regulatory hurdles.
August 16, 2023 | 2:53 am
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Tesla's plans to launch FSD Beta in China could potentially boost its revenues given the large market. However, regulatory challenges could delay the launch and impact the company's short-term performance.
The launch of FSD Beta in China could open a significant revenue stream for Tesla, given the size of the market. However, regulatory challenges could delay the launch, potentially impacting Tesla's short-term performance. The company's stock price could be affected by these developments.
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