China Signals Tentative Approval of Tesla’s Self-Driving Cars
Summary from the AllSides News Team
Chinese officials appear to have given tentative support for authorizing Tesla’s self-driving cars following a visit by CEO Elon Musk, news outlets reported.
The Details: Tesla’s share price spiked on Monday following multiple developments. On Sunday, Musk met with Chinese Premier Li Qiang, who called Tesla a “successful model” for U.S.-China collaboration. The same day, Tesla said it had passed a top Chinese auto association’s data security requirements, leading local Chinese authorities to remove restrictions on the cars on some government-related properties. Tesla also reached a deal with Chinese tech giant Baidu to use mapping data collected on Chinese roads.
For Context: Business ties between China and the U.S. have been strained in recent years. However, Tesla’s electric cars are popular in China. Several media analysts say these recent developments pave the way for Chinese approval of Tesla’s most advanced self-driving software.
How the Media Covered It: Business news outlets across the spectrum prominently featured the story Monday morning, not including Fox Business (Lean Right bias). While coverage generally seemed to agree that China’s actions signaled potential approval for self-driving tech, headlines sometimes differed in how confidently they portrayed that prediction.
Featured Coverage of this Story
From the Center
Tesla Comes A Step Closer To Self-Driving Approval In China After Deal With BaiduTesla agreed to a deal with Chinese search giant Baidu for its mapping and navigation functions, according to several reports on Monday, as CEO Elon Musk met with senior Chinese government officials in a purported push to gain approval for its subscription-based driver-assistance technology which may help boost revenues for the company in its largest foreign market.
As part of the deal, Tesla will gain access to Baidu’s mapping and navigation tech to power its driver assist feature it calls “Full-Self Driving,” Bloomberg and Reuters reported, citing unnamed sources.
The deal will allow Tesla...
From the Left
Tesla Soars on Tentative Approval for Driving System in ChinaElon Musk’s quick visit to China paid immediate dividends, with Tesla Inc. receiving in-principle approval from government officials to deploy its driver-assistance system in the world’s biggest auto market.
The US carmaker was granted the approval under certain conditions, according to a person with knowledge of the matter, who asked not to be identified because details of all the criteria aren’t clear. Tesla did manage to clear two of the most important hurdles: reaching a mapping and navigation deal with Chinese tech giant Baidu Inc., and meeting requirements for how it handles data-security and privacy issues.
From the Right
Tesla shares spike 12% as Elon Musk wins approval for full self-driving rollout in ChinaTesla shares surged more than 12% in early trading Monday after CEO Elon Musk secured approval to roll out “Full Self Driving” technology in China after a whirlwind weekend trip to the country.
Top Chinese officials gave Tesla tentative permission to launch the software following a meeting with Musk during his surprise trip to Beijing. Tesla will rely on Chinese tech giant Baidu’s mapping license for navigation on public roads, people familiar with the matter told the Wall Street Journal.
During his trip, Musk met with top Chinese officials, including Premier...
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