Visiting China is a watershed. Tesla’s market value rose nearly 600 billion yuan

Tesla rose 15.

39% to close at $194.

2 a share, the highest level since March 4 and the biggest one-day gain since March 2020, with a market capitalization increase of $82.

6 billion (about 598.

2 billion yuan).

Analysts said Musk’s visit to China was a watershed moment for Tesla.

Visiting China is a watershed. Tesla's market value rose nearly 600 billion yuan, Visiting China is a watershed. Tesla's market value rose nearly 600 billion yuan on April 28th, Musk’s private plane landed in Beijing.

In less than 24 hours’ trip, Musk quietly did a major event.

After talks with dignitaries, Tesla said in an official statement that various localities have gradually lifted the parking ban on intelligent Internet-connected cars such as Tesla.

According to people familiar with the matter, the Chinese government has initially approved Tesla’s plan to launch the “FSD fully self-driving capability” software in China, according to the Wall Street Journal.

According to Tesla user APP, Tesla’s official FSD service purchase page description has been changed from “launch later” to “coming soon”.

, Visiting China is a watershed. Tesla's market value rose nearly 600 billion yuan, according to China Business News, recently Baidu Map has been approved, in which GS (2023) 4634 Advanced Auxiliary driving Map submitted by Baidu Zhitu Technology Co., Ltd. for navigation is a lane-level map completed by the two sides.

Tesla and Baidu Map this cooperation is “exclusive” and depth customized.

In addition, Musk recently confirmed that the Model 2, an entry-level model with a price of about 182000 yuan, will go on sale in 2025, and the new car will be put into production at the Shanghai factory.

At the same time, the price is expected to fall further after the domestic market is put into production.

(compiled / Auto House Qin Chao), extended Reading: sudden! Tesla FSD initially approved landing schedule Musk has been in China for 24 hours, return to the first electric network home page >.

Link to this article: https://evcnd.com/visiting-china-is-a-watershed-teslas-market-value-rose-nearly-600-billion-yuan/

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