Gamingdeputy News on April 28, according to Reuters, Tesla CEO Elon Musk will start a visit to China (Tesla’s second largest market) today. According to two people familiar with the matter, Musk plans to meet with senior Chinese government officials during this trip to discuss the possibility of implementing the self-driving software FSD in China, and hopes to obtain permission to transfer vehicle data collected in China to foreign countries for self-driving algorithm training. permission.
Aviation and Travel shows that Musk’s private jet (model Gulfstream G550, registration number N272BG) will land at Beijing Capital International Airport at 14:00.
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Since 2021, Tesla has been storing data collected from all vehicles in China in Shanghai in accordance with Chinese regulatory requirements and has not transferred it to the United States. Tesla released the highest-level version of its autonomous driving assistance system, Autopilot, FSD four years ago, but has yet to launch it in the Chinese market. Gamingdeputy noticed that Musk said on social media platform X this month,Tesla may soon offer FSD systems to users in China.
Musk's visit to China was not publicly announced. Just over a week ago, Musk canceled a meeting with Indian Prime Minister Narendra Modi due to “heavy Tesla matters.”
Tesla announced this month that it would cut 10% of its workforce due to declining global sales and an intensifying price war for electric vehicles led by Chinese brands.
Since Tesla entered the Chinese market ten years ago, it has sold more than 1.7 million vehicles in China. Its factory in Shanghai is also the largest Tesla factory in the world. It is worth noting thatMusk’s visit to China coincides with the Beijing Auto Show (April 18 to May 4)but Tesla did not participate in the exhibition. The last time it participated was in 2021.
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Tao Lin, Tesla's vice president of external affairs in China, published a commentary on the People's Daily social media account on Friday, believing that autonomous driving technology will become a new growth point for the electric vehicle industry. The article mentioned that Tesla has real road data from millions of vehicles around the world and is at the forefront of autonomous driving research and development with its “end-to-end neural network” technology. Industry experts point out that China's complex road conditions have more pedestrians and cyclists than other countries, which provides richer scenarios for the training of autonomous driving algorithms and can help Tesla optimize its technology faster.
Last week, Musk announced that Tesla will launch new more affordable models based on existing electric vehicle platforms and production lines, and will also launch Robotaxi robot taxis equipped with autonomous driving technology. Musk posted on social media platform X this month that he would officially release the Robotaxi on August 8.
Tesla shares have fallen by nearly a third since the start of the year as investors worry about Tesla's growth prospects. Last week, Tesla reported its first quarterly revenue decline since the COVID-19 pandemic slowed production and deliveries in 2020.