Tesla

The Chinese government will likely support Tesla's local testing of robotaxi, but did not immediately approve its widespread use of FSD features, according to local media.

In the January-April period, Tesla China sold 283,043 vehicles, down 7.25 percent from 305,164 in the same period last year.

Tesla has great autonomous driving technology and brand, and only with the entry of more good products and technology can the whole market and customers have a better experience, Xpeng CEO said.

Tesla is set to clear a key hurdle to launching advanced assisted driving features in China by partnering with Baidu on mapping and navigation features, Bloomberg reported.

This is expected to pave the way for the lifting of access restrictions on Tesla vehicles in some areas and the launch of the US EV maker's FSD in China.

Tesla had launched a 0 down payment option in November 2021, but canceled it after just 3 days due to a surge in orders.

Deliveries of the updated Model 3 Performance, the sedan's most powerful variant, in China will begin in the third quarter.

On April 22, 2014, Tesla CEO Elon Musk delivered Model S to the first Chinese owners, including Xiaomi founder Lei Jun and Li Auto founder Li Xiang.

Prices for the locally produced Model 3 and Model Y have been cut by around 4-6 percent, while the imported Model S and Model X have been reduced by as much as 22 percent.

"It may be possible very soon," Musk said today on the X platform in response to a user's question about when FSD would enter China.