Tesla Stock Declines Amid Free Self-Driving Trial in China

Reported 1 day ago

Tesla's stock has fallen over 6% amid rising concerns from investors following a rough performance, despite the company offering a free trial of its Full Self-Driving software in China. This trial, which runs from March 17 to April 16, aims to boost interest but faces challenges due to local data privacy laws and Tesla's ongoing competition from local EV brands. CEO Elon Musk acknowledged difficulties in deploying the technology in China during a recent earnings call, as the company also contends with brand erosion in the US and Europe.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis