After a week tesla CEO Elon Musk I postponed my trip to India because ofheavyAfter completing a stint with an electric car company, he made an unannounced visit to China.
What is the purpose of stopping by?Tesla’s Complete self-driving softwareAccording to Reuters, Who first reported the visit?. Mr. Musk is expected to discuss bringing the technology to China, Tesla’s second-largest market, with officials.
On his social media platform X, Musk confirmed the visit, saying: He said he had a meeting with Chinese Premier Li Qiang.. He writes: “We’ve known each other for years, since the early days in Shanghai.” Shanghai is where Tesla opened its first Gigafactory outside the United States, which began operations in 2019.
In addition to discussing Tesla’s FSD software, Musk also reportedly considered an agreement to share domestically collected data with the goal of using that information to improve self-driving software. It is reported that
Mr. Musk’s visit comes amid the dominance of domestically produced EVs in China.
China may be Tesla’s second-largest market outside the United States, but that doesn’t mean it has a monopoly there.
Tesla rival BYD Sold 626,263 new energy vehicles The category, which includes both plug-in and battery EVs, saw a 13% year-over-year increase in sales in March. BYD said sales rose 46% after declining in January and February.
On the other hand, Tesla 386,810 electric vehicles delivered That was well below Wall Street’s expectations, and Tesla shares plummeted, hitting a plateau. A tough quarter already marked by controversy and increased competition abroad.
Will Gavin contributed to this article.
