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Tesla (TSLA) surges on reports China is approving Full Self-Driving deployment
Hey there, Tesla fans!
Today, we've got some exciting news about Tesla's Full Self-Driving package.
Tesla's stock is surging on reports that China is set to approve the deployment of Tesla's Full Self-Driving package in the country.
This package promises self-driving capabilities through future software updates and includes additional ADAS features.
During his visit to China, Tesla CEO Elon Musk secured a deal for approval under certain conditions,
including reaching a mapping and navigation deal with Chinese tech giant Baidu Inc.
and addressing data-security and privacy issues.
This news is causing Tesla's stock to surge, as the company has more vehicles in China than anywhere else,
potentially leading to more FSD customers and increased revenue.
Exciting times ahead for Tesla as it paves the way for Full Self-Driving deployment in China!
Stay tuned for more updates.
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