Current location:style >>
Elon Musk visits China as Tesla seeks self
style3775People have gathered around
IntroductionElon Musk has promised that his long-awaited driverless cars will make their debut on the streets of ...
Elon Musk has promised that his long-awaited driverless cars will make their debut on the streets of China as he made a surprise visit to Beijing on Sunday.
The Tesla boss sat down with Chinese premier Li Qiang just a week after canceling a meeting with India's PM Narendra Modi, citing 'very heavy Tesla obligations'.
The company has lost nearly a third of its value since the start of the year with investors growing tired of repeated delays to its roll-out of cars with full self-driving software (FSD).
But Li praised Tesla as a successful example of US China economic cooperation as analysts hailed 'a major moment for Tesla'.
'While the long term valuation story at Tesla hinges on FSD and autonomous, a key missing piece in that puzzle is Tesla making FSD available in China which now appears on the doorstep,' said equity firm Wedbush.
Elon Musk said he was 'honored' to meet Chinese premier Li Qiang on his surprise visit
The Tesla boss jetted in just a week after canceling a meeting with India's PM Narendra Modi
Tesla's Shanghai plant is its biggest and has helped deliver 1.7m vehicles to the Chinese market
Musk opened his first Chinese gigafactory in Shanghai six years ago and it is now Tesla's biggest in the world.
Earlier this month Musk tweeted that a Chinese roll-out of his FSD would happen 'very soon', with Li seemingly relaxed about using his country's crowded streets as the testbed for the pioneering technology.
But Musk was also keen to win his permission to take home data collected in the China to train algorithms for Tesla's autonomous driving technologies in the US, sources told Reuters.
Tesla has since 2021 stored all data collected by its Chinese fleet in Shanghai as required by Chinese regulators and has not transferred any back to the United States.
'Honored to meet with Premier Li Qiang. We have known each other now for many years, since early Shanghai days,' Musk posted on his social media platform X, as he appeared in a picture with the premier.
Musk's visit to China was not flagged publicly and Tesla did not respond immediately to a request for comment.
Chinese state broadcaster CCTV in its report about Musk's meeting with Li did not say whether the two had discussed FSD or data.
But state radio said Qiang had visited the ongoing Beijing auto show and had commented about how China's smart new energy vehicle sector had gained a leading position in the market and that the country had to work hard and maintain its advantages.
'It is good to see electric vehicles making progress in China. All cars will be electric in the future,' Musk said in a video.
The company has lost nearly a third of its value since the start of the year
Tesla has sold more than 1.7 million cars in China since it entered the market a decade ago, but earlier this month warned it would lay off 10 percent of its global workforce as it grapples with falling sales and an intensifying price war for EVs led by Chinese brands.
Musk said last week that Tesla would introduce new cheaper models using its current EV platforms and production lines and would offer a new 'robotaxi' with self-driving technology by August 8.
Late on Sunday, a top Chinese auto association published a list of 76 car models it said it had tested and found to be compliant with China's data security requirements, among them being Tesla's Model Y and 3 cars.
But it came just two days after US regulators announced an investigation into whether Tesla's recall of more than 2 million vehicles in the United States announced in December to install new Autopilot safeguards was adequate following a series of crashes.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Insight news portal”。http://turkmenistan.barryexit.org/html-66a899078.html
Related articles
The Latest
styleIsrael’s defense minister said Monday the military would expand its operations in the southern Gaza ...
【style】
Read moreOnly 35 Nanjing Massacre survivors remain
styleLiu Suzhen, one of the Nanjing Massacre survivors, passed away on Sunday at the age of 93, reducing ...
【style】
Read moreAlonso steps away from unprecedented glory with Leverkusen
styleXabi Alonso may recall May 21, 2016, when he experienced the electric atmosphere of Berlin's Oly ...
【style】
Read more
Popular articles
- 'The Apprentice,' about a young Donald Trump, premieres in Cannes
- Satellite photos show US Navy ship building floating pier for Gaza aid as Israel
- China sees robust recovery, vigorous growth in cultural, tourism industries: minister
- Real Madrid complaint says ref 'negligent' on Vinicius abuse
- Siblings trying to make US water polo teams for Paris Olympics
- Beijing warns of heavy catkin season on way
Latest articles
Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
Thailand gears up for the return of Chinese travelers
British gymnast Ondine Achampong suffers ACL tear ahead of Paris Olympics
Bumper harvest of Chinese crabapples in Yanqing
Amtrak train hits pickup truck in upstate New York, 3 dead including child
China sees robust recovery, vigorous growth in cultural, tourism industries: minister
LINKS
- Automotive future lies in integrated technology: Research
- Xi Story: President Xi's Sports Aspiration
- China's second
- Yearender: Silicon Valley keeps trends as Artificial Intelligence goes mainstream in 2017
- Chinese companies retain 2nd place on Hurun Top 500
- Airbus to set up innovation center in China
- Reactor pressure vessel of Hualong One nuclear project installed in China's Fujian
- UC Berkeley to host conference on gene
- Xi Meets Kuwaiti Crown Prince, Pledging to Take Bilateral Ties to New Heights
- Xi Story: President Xi's Sports Aspiration