Tesla Jumps After China Greenlights Full-Self Driving With Baidu | ZeroHedge
Tesla shares jumped in premarket trading in New York after Bloomberg reported that Beijing had given Tesla the 'greenlight' to roll out its driver-assistance system, known as "Full Self-Driving," or FSD, in the world's largest car market.
Sources say Tesla will partner with Chinese tech giant Baidu for mapping and navigation software to support FSD. Tesla also has multiple data security and privacy requirements that satisfy the country's regulators. (more…)