Tesla China Employees Registered For FSD Beta Program? Screenshot Leak Teases Impending Nod From Beijing
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) employees in China have reportedly been registered for the FSD Beta program, indicating a potential step towards deploying Tesla's advanced driver assistance system in China. However, no FSD features have been activated yet. CEO Elon Musk aims to deploy FSD in all markets with regulatory approval, including China. Tesla shares closed up 3.2% at $179.24 on Monday but are down nearly 28% year to date.
May 28, 2024 | 10:41 am
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Tesla employees in China have been registered for the FSD Beta program, suggesting a potential future deployment of the advanced driver assistance system in the country. However, no features have been activated yet. CEO Elon Musk aims to deploy FSD in all markets with regulatory approval, including China. Tesla shares closed up 3.2% at $179.24 on Monday but are down nearly 28% year to date.
The registration of Tesla employees in China for the FSD Beta program suggests progress towards deploying the system in the country, which could positively impact Tesla's stock. However, the lack of activated features and the need for regulatory approval introduce uncertainty. The recent 3.2% increase in Tesla's stock price reflects positive market sentiment, but the stock is still down 28% year to date.
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