Tesla's deal with Baidu isn't new, the mapping data Tesla will collect likely can't leave China, and Full Self Driving can't compete with the more advanced Chinese alternatives.
The billionaire blew off India at the last minute, citing “very heavy Tesla obligations.” Indeed, Tesla has had a tumultuous couple of weeks, with federal regulator slap-downs, profits halving, and price-cut rollouts—yet, in a very public snub that Modi won’t quickly forget, the company CEO made time for Chinese Premier Li Qiang. And well Musk might. Tesla needs China more than China needs Tesla . After the US, China is Tesla ’s second biggest market.
Tesla still “has no access to map data in China as a foreign entity,” she wrote. Instead, Tesla is likely using the deal extension with Baidu as an FSD workaround, with the data collected in China very much staying in China. Despite this, Tesla shares have jumped following news of the expanded Baidu collaboration. Furthermore, Li said there’s “no strategic value” for Beijing to favor FSD when there are several more advanced Chinese alternatives. We tested them.
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