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  • 2 years ago
Tesla CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he is expected to meet senior officials to discuss the rollout of Full Self-Driving software and permission to transfer data overseas, according to a person with knowledge of the matter. - REUTERS
Transcript
00:00 Elon Musk met Chinese Premier Li Cheng in Beijing in a surprise trip on Sunday.
00:06 The visit was to discuss the rollout of full self-driving software and permission to transfer
00:10 data overseas, according to a person with knowledge of the matter.
00:15 Full self-driving software, or FSD, is the most autonomous version of Tesla's Autopilot
00:20 software, launched four years ago. However, the U.S. electric vehicle maker has yet to
00:25 make it available in China, its second largest market globally.
00:30 Musk said this month Tesla may make FSD available to customers in China very soon. Industry
00:35 experts say the complicated and busy traffic conditions in China provide more scenarios
00:40 that are key for training autonomous driving algorithms at a faster pace.
00:45 But Tesla is grappling with falling sales and an intensifying price war for EVs led
00:50 by Chinese brands. There are also safety concerns. Tesla recalled more than two million vehicles
00:56 in the United States in December to install new Autopilot safeguards.
01:00 U.S. auto safety regulators said on Friday they'd opened an investigation into whether
01:05 that was adequate following a series of crashes. Tesla shares are down almost a third since
01:11 the start of the year, as concerns have grown about the EV maker's growth trajectory.
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