Tesla Moves One Step Closer to Self-Driving Cars in China
Published On Feb 25, 2025, 5:24 AM
Tesla has achieved a significant advancement in China, allowing some of its drivers to use the Autopilot feature on city streets. This update, which costs $8,800, enables more advanced driving tasks like lane changes but still requires driver supervision. The move is crucial for Tesla as it seeks to regain market share in China against growing competition and aims to ultimately launch fully autonomous driving features in the country. Elon Musk views this technology as vital for Tesla's future.
Stock Forecasts
TSLA
Positive
With Tesla's Autopilot feature now available on city streets in China, the company's competitive edge in the world's largest electric vehicle market is likely to strengthen. This may enhance investor confidence and lead to increased sales, positively impacting Tesla's stock price.
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