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Musk's "lightning" visit to China ended in less than 24 hours! Tesla's stock price surged 6% before trading

因醉鞭名马幌
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According to the flight tracking platform, Musk's plane took off from Beijing Capital Airport at 13:17 on April 29th, leaving China. The destination of the plane is Anchorage, Alaska. According to statistics, Musk's trip to China lasted less than 24 hours.
CCTV News: At the invitation of the China Council for the Promotion of International Trade, Elon Musk, CEO of Tesla, arrived in Beijing on the afternoon of April 28th. Ren Hongbin, President of the China Council for the Promotion of International Trade, met with Musk to discuss topics such as future cooperation. According to Yu Yuan Tan Tian, when Musk arrived in Beijing, he said: "I am glad to see progress in electric vehicles in China, and in the future, all cars will be electric.".
On the market, before the US stock market closed on April 29th Beijing time, Tesla rose more than 6%.
It is worth noting that in June last year, Musk visited China for 44 hours. During this period, Tesla's stock price also saw a sharp rise, with a cumulative increase of 10.76% in two days. Musk also regained the world's richest title with a net worth of $192.3 billion.
Tesla responds to FSD's entry into China: there is currently no timetable
On April 29th, Shell Finance reported that in response to recent market concerns about Tesla's entry into China for Full Self Driving (FSD), Tesla has responded that there is currently no timetable for FSD's entry into China. On April 28th, Tesla CEO Elon Musk arrived in China and Tesla's official Weibo account made two statements, mentioning the implementation of accelerated autonomous driving technology.
In addition, sources have reported that Tesla will deploy its Full Self Driving (FSD) autonomous driving service for the Chinese market on top of the lane level navigation and maps provided by Baidu.
First Financial asked Baidu about this, but as of the time of publication, Baidu has not responded to it.
Previously, Tesla CEO Elon Musk stated on April 20th that Tesla may soon provide fully autonomous driving software with FSD functionality to Chinese customers. Musk replied to a user on social media platform X asking when Tesla will launch FSD in China, saying, "It may happen soon."
Tesla launched the FSD feature four years ago, but it has not yet been launched in China. Chinese car manufacturers such as NIO, Xiaopeng, and Wenjie have been seeking to gain advantages in electric vehicles by launching autonomous driving software.
Currently, Tesla is facing a growth dilemma. Now Tesla hopes to get rid of the low ebb with more affordable models, full auto drive system (hereinafter referred to as FSD) and driverless taxi Robotaxi.
Tesla has passed China's automotive data security compliance requirements
On the evening of April 28th, the China Association of Automobile Manufacturers (CAAM) officially released a notice on the testing of four safety requirements for automotive data processing (first batch). Among them, 76 models from six companies, BYD, Ideal, Lotus, Hezhong New Energy (Nezha Automobile), Tesla, and NIO, meet the four compliance requirements for automotive data security.
From a specific vehicle model perspective, Tesla's domestically produced Model 3 and Model Y both meet automotive data security compliance requirements, making it the only foreign-funded enterprise among them to meet compliance requirements.
According to First Financial, Tesla has announced that various regions have gradually lifted restrictions on the operation and parking of intelligent connected vehicles such as Tesla.
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