Tesla Inc. (NASDAQ:TSLA) has finally rolled out its Full Self-Driving (FSD) service in China following President Donald Trump‘s visit to China and meeting with Chinese President Xi Jinping.
Tesla Rolls Out FSD In China
In a post on X on Wednesday, Tesla’s official handle posted a list of countries where the Supervised FSD service was available.
The list includes the United States, Canada, Mexico, Puerto Rico, China, Australia, New Zealand, South Korea, as well as the Netherlands and Lithuania. The list takes the total number of countries offering FSD technology to 10.
Tesla did not provide other details about the technology in the post, nor did it expand on the rollout of the service in China. For years, Tesla’s FSD service remained ambiguous in the Chinese market, with customers only allowed to access Autopilot due to FSD’s lack of regulatory approval.
Tesla currently offers “Intelligently Assisted Driving” in the Chinese market, according to the official website, for RMB 64,000 (approximately $9,400).
Tesla’s China Woes
Musk, earlier this year, shared that he expected the Chinese authorities to approve FSD, but his claim was refuted by sources in Beijing. FSD is also approved by the Dutch Regulator, Netherlands Vehicle Authority (RDW).
Tesla also recently fell out of the top 10 EV makers in the Chinese domestic market following a poor retail sales run during April. Tesla was outsold by local rivals like BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF).
Trump-Xi Meet
Following Trump’s visit to China, where the President was accompanied by various CEOs, including Musk, Xi assured that the Chinese market would open wider to U.S. investments.
Beijing also officially confirmed a 200-aircraft order from Boeing Co. (NYSE:BA) as well as sought reductions worth $30 billion in reciprocal tariffs.
Trump had earlier shared that the aircraft order could rise to 750 units, with a Boeing spokesperson confirming to Benzinga that the aircraft manufacturer expects "further commitments."
Benzinga Edge Rankings show that Tesla scores well on the Growth and Quality metrics. It also offers a favorable price trend in the Long Term.
Price Action: Tesla shares surged 1.56% at $423.75 during pre-market trading on Thursday.
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