MUSK WINS CHINA'S BACKING FOR TESLA'S DRIVER-ASSISTANCE SERVICE

Summary from the TLDR newsletter

China's government has signaled its blessing for Tesla to roll out its advanced driver-assistance service in the country. Tesla will deploy its Full Self-Driving service based on mapping and navigation functions provided by Baidu. Being able to roll out FSD in China will help Tesla compete with major Chinese carmakers, some of which already provide higher-level driver-assistance features. Chinese officials have yet to respond to Elon Musk's request to transfer the data that Tesla cars collect in China to the US to further train the system.