Tesla’s Full Self-Driving Technology Cleared by China, Shares Soar

Shares of Tesla surged by 7% during premarket trading on Monday following a significant milestone achieved by the company regarding its full self-driving technology in China. The announcement, made over the weekend, revealed that local Chinese authorities had lifted restrictions imposed upon Tesla’s vehicles after they passed data security requirements set out by the country. This development has sparked optimism among investors as it suggests that Tesla’s much sought-after driver-assistance software known as Full Self Driving is soon to be rolled out in China, which is currently leading global sales of electric cars. As Elon Musk continues his visit to China, this news comes at an opportune moment and promises new potential revenue streams for Tesla going forward in its quest towards becoming a major player within the Chinese automotive market. This breaking story will be updated as further details emerge.