Tesla's Full Self-Driving in China Could Add $2 Billion in Earnings
"Competition is increasing from domestic manufacturers and FSD will help TSLA catch up to, and potentially exceed, other EV offerings on the market."
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"Competition is increasing from domestic manufacturers and FSD will help TSLA catch up to, and potentially exceed, other EV offerings on the market."
The FSD feature might finally be released in China four years after its US launch. Despite the tensions between the US and China, especially after the Tiktok ban bill was passed into law, US-based companies like Tesla are still making progress with the country.
Tesla has been on a streak of price reductions lately, having recently lowered the prices of most of its vehicles by $2,000 just one day ago.
Tesla's price cuts also include the FSD, which is now $4,000 cheaper than before. As part of the latest round of price cuts, Tesla is also reducing the price of its Full-Self Driving (FSD) software in the United States, offering as much as $4,000 off the original price of the technology.
Earlier reports seem to indicate that Tesla FSD is now reacting to hand wave gestures from pedestrians, so a Tesla owner decided to test it