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Tesla (TSLA) shares surge over 11% amidst news of Musk’s China visit

Teslarati

Tesla shares ( NASDAQ:TSLA ) saw a lot of momentum on Monday’s pre-market amidst news surrounding CEO Elon Musk’s unannounced trip to Beijing, China. Tesla China has been quite silent about the matter, with the EV maker simply stating that “there is currently no timetable for FSD to enter China.”

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Tesla China planned to cut Model Y production by at least 20% in March-June: Reuters

Teslarati

Data from the China Association of Automobile Manufacturers (CAAM) seems to corroborate the production cuts. Compared to the same period in 2023, Model Y production in China fell by 17.7% CAAM data also indicated that in the first four months of the year, Tesla China had produced 287,359 units of Model Y and Model 3.

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NaaS teams up with Hyundai China to boost EV charging services and business ventures

Green Car Congress

China-based NaaS , an EV charging service company, is partnering with Hyundai Motor Group (China), to develop efficient charging management services for Hyundai car owners. Increasingly, investment in charging infrastructure has been devoted in China to meet the growing demand for charging.

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Tesla FSD in China could add $2.3 billion in annual earnings by 2030: Bank of America

Teslarati

Bank of America seems to be seeing the potential of Full Self Driving (FSD) for Tesla’s future in China. billion by 2030 if the advanced driver-assist suite sees increased adoption among the company’s customers in China. The post Tesla FSD in China could add $2.3

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Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

In 2021, one out of every ten cars sold in China will be a new energy vehicle. Under the changing situation, there is not much time left for traditional oil companies to “break the circle” Total Energy launches new company. Total Energy’s first independent charging station in Wuhan.

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5G mobile network goes live at all BMW Brilliance Automotive production sites in China

Green Car Congress

BMW Brilliance Automotive (BBA) has become the first automobile manufacturer to enable full 5G wireless coverage at all its plants. With this development, BBA becomes the first automobile manufacturer to use 5G technology in automotive development and production. Full 5G coverage, transfer rate of 1 Gbps.

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Musk’s big win in China: Tesla clears data security, full self driving hurdles for locally-made cars – ET Auto

Baua Electric

Tesla CEO Elon Musk ‘s surprise visit to China has proven to be a strategic move yielding significant results. Tesla’s cars made in China passed key data security and privacy requirement in China, handing Musk a major win who visited Beijing to seek approval to introduce driver-assistance software. Tesla Inc.’s

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