Tesla soars 12% on tentative approval for driving system in China

The developments came after Tesla Chief Executive Officer Elon Musk made an unannounced trip to China on Sunday, seeking approval for driver-assistance software that could help arrest the carmaker’s revenue decline. While the company’s suite of features require constant supervision and don’t make Teslas autonomous, the company charges $8,000 for them in the US, or $99 a month for a subscription.

from Stocks-Markets-Economic Times https://ift.tt/W31IeCG