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Tesla plans to launch FSD in China in the first quarter of next year. Institutions say that the intelligent driving industry has reached a critical point.
Tesla released a roadmap on September 5th, and plans to launch the Full Self-Driving (FSD) system in China and Europe in the first quarter of 2025. However, approval from regulators is still pending. Anxin Securities' Ma Liang believes that in recent times, multiple policies have been introduced to support the development of intelligent driving, and combined with car companies actively promoting urban NOA deployment, the inflection point of the intelligent driving industry has arrived. It is recommended to pay attention to related opportunities.
Hong Kong Stock Market Concept Tracking | Will tesla (TSLA.US) FSD enter China in the first quarter of next year? is expected to stimulate domestic smart driving "catfish effect" (with concept stocks)
On September 5th, Tesla (TSLA.US) AI team released a product roadmap, which expects to launch Fully Self-Driving (FSD) in China and Europe in the first quarter of 2025, but still pending regulatory approval.
US stocks closed with mixed performance for the three major indexes. Tesla rose more than 9% over the past two days, while NIO soared 14% after its performance announcement.
Before the non-farm data, there is new evidence of the cooling of the US job market, and economic concerns support a substantial rate cut bet. The yield curve of the 2-year/10-year US Treasury bonds, which briefly inverted for the third time in two years. The S&P 500 fell for the third consecutive day, with Broadcom falling more than 4% after hours, Tesla rising nearly 5%, and Nvidia and Chinese concept stocks rising nearly 1%. The yen reached a one-month high, and the offshore renminbi rose by 300 points to break 7.09 yuan. Gold rose briefly by 1%, and oil prices rose more than 2% before falling. US oil fell below $70 for the first time in 15 months over two days.
Musk's big move is coming, tesla announces the road map for FSD to enter China and Europe next year.
Tesla's AI team announced that they will launch the FSD system in China and Europe in the first quarter of next year, pending regulatory approval. Tesla officials in China confirmed the news and are currently awaiting approval from regulatory authorities. Analysts believe that obtaining approval in China will be easier than in Europe, given the collaboration between Tesla and Baidu.
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