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Baidu Tesla Deal: The deal clears a final regulatory hurdle for Teslas driver assistance system, which Tesla calls Full Self Driving (FSD) to be offered in China, the sources said.

HONG KONG -- Tesla is moving closer to introducing its self-driving system in China, the U.S. automaker's biggest overseas market, following founder E

Plus investigation into Mercedes diesel emissions comes to an end and the United Auto Workers union avoids strike action at Daimler.

Prior to Mondays share price jump, Tesla shares had lost about a third of their value this year as concerns have grown about its growth trajectory. Key questions remain, however, on whether Tesla can secure government approvals to transfer data overseas that could prove pivotal in its development of autonomous vehicles.

The Tesla CEO's net worth got a $10 billion shot in the arm thanks to stock surge following his visit to China

Teslas Full Self-Driving system has received approval for rollout in China, a major market for the electric carmaker.

Apple, Amazon, Super Micro Computer, and other major companies are set to release quarterly earnings reports

Tesla’s C.E.O. appears to have landed a deal that moves the company closer to bringing fully autonomous driving to a giant market. But Beijing is keen to exploit the visit for its own purposes.

The deal clears a final regulatory hurdle for Tesla's driver assistance system, which Tesla calls Full Self Driving (FSD), to be offered in China, the sources said.

Electric vehicle manufacturer Tesla looks set to team up with Beijing-based internet company Baidu in mapping and navigation functions for its advanced assisted driving features in China.