Musk's visit to China begins, Beijing welcomes FSD negotiation trip today

According to news on April 28, Tesla CEO Elon Musk will arrive in China today to start his visit to Tesla’s second largest market. According to internal sources, one of the important tasks of Musk's trip is to meet with senior Chinese government officials to discuss the possibility of implementing the self-driving software FSD in the Chinese market, and to seek to transfer vehicle data collected in China overseas. , for autonomous driving algorithm training.

Recently, Tesla announced that it will launch a new technology in the Chinese market, namely the highest version of the automatic driving assistance system Autopilot, FSD. Since 2021, Tesla has begun to store vehicle data collected in China in Shanghai and has not transferred it to the United States. Although Tesla's autonomous driving assistance system FSD has been released globally for four years, its launch in the Chinese market has been pending. It is worth noting that Musk recently hinted on social media that the FSD system may soon be open to Chinese users.

Musk’s visit to China is low-key, in sharp contrast to his previous canceled meeting with the Indian Prime Minister. Against the background of intensifying competition in the global electric vehicle market and declining sales of Tesla, this visit to China is particularly important. Tesla has announced that it will lay off 10% of its employees in response to market conditions.

Since Tesla entered the Chinese market ten years ago, it has sold more than 1.7 million vehicles, and its Shanghai factory is the largest Tesla production base in the world. Although this visit to China coincided with the Beijing Auto Show, Tesla did not participate in the exhibition. Instead, it scheduled its participation in 2021 this year.

"People's Daily" reported that Tao Lin, Vice President of Tesla China, said in the article that autonomous driving technology will become a new growth point for the electric vehicle industry. Tesla is at the forefront of self-driving technology with its real-world road data from millions of vehicles and advanced "end-to-end neural network" technology. Experts believe that China's changing road conditions provide valuable resources for the training of autonomous driving algorithms, which will help further optimize Tesla's technology.

Regarding the above content, Musk also recently announced that he will launch a new economical electric vehicle and a Robotaxi robot taxi equipped with autonomous driving technology, which is planned to be officially released on August 8. However, Tesla's stock price has performed poorly this year, falling by nearly a third, while its most recent financial report also showed a decline in revenue.

According to the editor’s understanding, industry analysts believe that Musk’s visit to China is not only to promote the implementation of FSD in the Chinese market, but also to strengthen communication and cooperation with the Chinese government to cope with the increasingly fierce market. Competition and investor pressure. As the CEO of Tesla, Musk plays an important role. Every action he takes can have an impact on market competition and investor pressure. Therefore, his visit to China will affect Tesla’s competition in the Chinese market

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