financetom
Business
financetom
/
Business
/
Tesla has proposed to launch robotaxis in China, Chinese state media reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tesla has proposed to launch robotaxis in China, Chinese state media reports
May 7, 2024 6:24 PM

BEIJING (Reuters) - Tesla has proposed to launch robotaxis in China, newspaper China Daily reported on Wednesday, citing unnamed sources.

According to the report, China may support Tesla's domestic testing and demonstration of robotaxis but has not approved the full implementation of Full Self-Driving (FSD) software in China.

Tesla did not immediately respond to a request for comment on the China Daily report.

FSD is the most autonomous version of Autopilot software and was rolled out in 2020. Its features include self-parking, auto lane changes and traffic navigations.

The China Daily report comes shortly after Tesla CEO Elon Musk made a whirlwind weekend trip to Beijing late last month, where he made progress towards rolling out FSD.

Musk on the trip intended to discuss the rollout of FSD and whether Tesla could secure government approvals to transfer data overseas that could prove pivotal in its development of autonomous vehicles, according to a person with knowledge of the matter.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Embrace Change Acquisition, Tianji Tire Global Enter $450 Million Merger Agreement
Embrace Change Acquisition, Tianji Tire Global Enter $450 Million Merger Agreement
Jan 27, 2025
07:17 AM EST, 01/27/2025 (MT Newswires) -- Embrace Change Acquisition ( EMCG ) entered into a definitive merger agreement with Tianji Tire Global, a tire manufacturer based in mainland China, for a proposed transaction valued at $450 million, the companies said Monday. Upon closing, Tianji will become publicly listed on Nasdaq and the combined company will be named Tianji Tire...
Atlas Energy to acquire Moser Energy Systems for $220 million
Atlas Energy to acquire Moser Energy Systems for $220 million
Jan 27, 2025
Jan 27 (Reuters) - Oilfield services firm Atlas Energy Solutions ( AESI ) said on Monday it will acquire privately owned Moser Energy Systems in a cash-and-stock deal worth $220 million. The deal, comprising $180 million in cash and approximately 1.7 million shares of Atlas common stock, is expected to close before the end of the first quarter of 2025...
World Bank president cautions against hasty reaction to Trump policies
World Bank president cautions against hasty reaction to Trump policies
Jan 27, 2025
DAR ES SALAAM (Reuters) - Policymakers around the globe should not react in haste to announcements by U.S. President Donald Trump's administration, and be prepared to argue their case, World Bank President Ajay Banga told Reuters. Trump's first week in office has seen a flurry of executive orders and policy plans, ranging from tariffs on Canada, Mexico and China to...
Cameco Down 8.5% in Premarket Trading, Says Production Resumes at Inkai Operation in Kazakhstan
Cameco Down 8.5% in Premarket Trading, Says Production Resumes at Inkai Operation in Kazakhstan
Jan 27, 2025
07:14 AM EST, 01/27/2025 (MT Newswires) -- Cameco ( CCJ ) down 8.5% in U.S. premarket trading, on Monday said the Inkai uranium operation in Kazakhstan has resumed production. Production was suspended on Jan. 1 after Cameco's ( CCJ ) 40%-owned JV Inkai was late submitting updated project documentation to the Ministry of Energy. Cameco ( CCJ ) and Kazatomprom,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved