Musk Leaves Beijing After Tesla Wins Key China Security Clearance
Sumaira FH Published April 29, 2024 | 12:50 PM
Beijing, (UrduPoint / Pakistan Point News - 29th Apr, 2024) Tesla boss Elon Musk boarded a plane departing Beijing on Monday, after a whistlestop China visit during which the firm secured a key security clearance for the world's biggest electric car market.
Musk arrived on Sunday for his second trip to China in less than a year, meeting top officials including Premier Li Qiang as he worked to boost Tesla's fortunes in the face of intense competition from local electric-vehicle makers such as BYD.
On the same day, the US EV giant's locally produced models were listed among the EVs that meet China's data security requirements for smart cars, clearing a key regulatory hurdle.
Musk boarded his private jet at Beijing Capital Airport just before 1:00 pm (0500 GMT), and a Chinese flight tracking app said it was bound for Anchorage, Alaska.
Despite the growing market share of domestic automakers, Teslas remain among the best-selling EVs in China.
The firm has been working to boost sales through its "Full Self Driving" (FSD) features, which need to be compliant with strict data and privacy laws.
It appeared to inch closer to that approval by teaming up with Chinese tech titan Baidu for maps and navigation, Bloomberg reported Monday.
These advanced assisted driving features do not make its cars fully autonomous, and Tesla says its autopilot and FSD capabilities are meant to be used under driver supervision.
It sells FSD to Tesla owners for $8,000 in the United States, or for a $99 monthly subscription.
Tesla did not immediately respond to AFP queries about FSD in China and the reported partnership with Baidu.
Related Topics
Recent Stories
President for all-weather road infrastructure in Gilgit-Baltistan
Religious affairs minister visits Saudi Arabia to review Hajj arrangements
Excise dept collects Rs7.5 million taxes during campaign
NUST, PU win Pak universities debating championship
Pakistan Meteorological Department (PMD) indicates chances of rain at few places
Pakistan qualifies for Central Asian Volleyball League final
Murtaza Wahab inaugurates 15th Satryoon Sang Crafts Exhibition
KWB alerts residents of impending water shortage due to development works
Governor Punjab to take up farmers' problems, wheat procurement with Chief Minis ..
Pakistan, China resolve to further deepen bilateral ties thru high level exchang ..
CDA chief calls for active supervision of Traffic Police at Bharakahu bypass for ..
Pakistan, Kazakhstan agree to speed up work on bilateral tourism & economic inte ..
More Stories From Business
-
Pakistan, Kazakhstan agree to speed up work on bilateral tourism & economic integration
9 minutes ago -
SACM directs utilization of capabilities to meet industries' needs
57 minutes ago -
Punjab Industrial Estates Development and Management Company (PIEDMC) Board of Directors meets
57 minutes ago -
Fertilizer manufacturers of Pakistan, Advisory Council to reduce prices of fertilizer urea
54 minutes ago -
Mian Mujtaba stresses on documented economy
54 minutes ago -
Govt taking steps to facilitate investment says Abdul Aleem Khan
54 minutes ago
-
US retail sales misses expectations in April
2 hours ago -
US consumer inflation eases slightly in April, in good news for Biden
2 hours ago -
Two production units fined Rs 125,000
2 hours ago -
Stocks waver before US inflation but London hits record
2 hours ago -
Saudi Transport Minister visits Muuga Harbour in Estonia
2 hours ago -
ICCI President inaugurates water filtration plant at G-11 Markaz
3 hours ago