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Tesla Nears Full FSD Approval in China Amid Market Challenges

Tesla Nears Full FSD Approval in China Amid Market Challenges

Author:

Global Cryptocurrency

Published:

2025-11-07 15:34:02

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BTCCSquare news:

Tesla's ambitions in China received a significant boost as CEO Elon Musk indicated regulators are poised to grant full approval for its Full Self-Driving (FSD) software by early 2024. The MOVE could reinvigorate the automaker's growth in a market where its share has halved since early 2023.

Chinese authorities currently permit limited FSD functionality, with even Tesla sales teams discouraging purchases of the $8,990 feature due to operational restrictions. Domestic rivals like XPeng and BYD maintain competitive pressure by offering advanced driver-assistance systems at no cost.

Market analysts view regulatory approval as critical for Tesla's recovery in China, where it remains a strategic priority despite recent setbacks. The timing aligns with Musk's broader push for autonomous technology adoption across global markets.

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