“Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China”
April 30, 2024
“Shares of Tesla rose sharply on Monday, their best day since March 2021, after the electric carmaker passed a significant milestone to roll out its advanced driver-assistance technology in China. The company’s share price closed up 15% as investors reacted to news surrounding Tesla CEO Elon Musk’s visit to China…”
Tesla is positioning itself for the EV crash in China. It’s big enough to survive. It wants a piece of the pie after all the chaos has settled. That’s my take on this tidbit of news