Breakthrough For Tesla In China? Shanghai Reportedly Greenlights 'Ordinary' Data Flow Overseas For Intelligent Vehicles
Portfolio Pulse from Anan Ashraf
Shanghai has allowed companies in its free-trade Lingang Area, including Tesla, to transfer certain data overseas without further security assessments. This pilot project facilitates data transfer in fields like intelligent vehicles, which could benefit Tesla's operations and FSD software development in China.
May 17, 2024 | 11:39 am
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Shanghai's new policy allows Tesla to transfer certain data overseas without additional security assessments, potentially accelerating its FSD software development and overall operations in China.
The ability to transfer data without further security assessments can streamline Tesla's operations and enhance its FSD software development by utilizing valuable road data from China. This regulatory change is highly relevant and important for Tesla's strategic goals in the region.
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