Musk, whose company is suffering from sluggish sales, received a crucial lifeline when Chinese officials gave Tesla the OK in principle to roll out its FSD technology in the country, according to Bloomberg.
But according to a China Daily report, this was not the only thing discussed.
The Chinese government also gave partial support to Musk's proposal to apply Tesla FSD technology in taxi services in the country, the newspaper reported, citing people familiar with the matter.
Tesla representatives did not immediately respond to a request for comment from BI sent outside normal business hours.
Musk's bet on fully self-driving cars is not surprising given the recent changes he made to reposition the automaker as a software company.
On April 5, Musk said in an interview Share X Tesla will unveil its long-awaited robotaxi on August 8. The date was apparently chosen because eight is seen as an auspicious number in Chinese culture, Musk said in a subsequent post on X on April 29.
The company also appears to be cutting back on its infrastructure spending as well.
Last week, Musk said he was disbanding the team behind the Tesla Supercharger charging station network, according to The Information. Tesla will continue to grow its charging network, albeit at a “slower pace,” Musk said.
“We should be viewed as an AI or robotics company,” Musk said on an earnings call on April 23. “If you value Tesla as being like a car company, that's basically just the wrong framework, and if you ask the wrong question, the right answer.” impossible”
