Tesla Set To Register 'Full Self-Driving' Software In China, Aiming To Roll Out Feature By Year-End: Report
Portfolio Pulse from Benzinga Neuro
Tesla Inc. (NASDAQ:TSLA) is preparing to register its 'Full Self-Driving' (FSD) software in China, aiming for a rollout by the end of the year. This move is part of Tesla's strategy to expand its self-driving technology globally and could provide a new revenue stream through a potential monthly subscription model. Successful registration will allow Tesla to test the software on public roads in China, marking a significant step in its second-largest market.
May 30, 2024 | 1:14 pm
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Tesla is set to register its 'Full Self-Driving' software in China, aiming for a rollout by year-end. This could open a new revenue stream through a subscription model and marks a significant step in its second-largest market.
The registration and potential rollout of Tesla's FSD software in China could significantly boost its revenue and market presence in its second-largest market. The move aligns with Tesla's global expansion strategy and could provide a competitive edge over rivals.
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