Elon Musk’s Visit with Chinese Premier Keqiang: Tesla’s Quest for Autonomous Driving Success in China

During a meeting between Elon Musk, CEO of Tesla and Chinese Premier Li Keqiang, the two discussed economic and trade cooperation. Although the details of their conversation were not disclosed publicly, footage from China’s state broadcaster showed Premier Li praising Tesla as a successful example of Sino-American cooperation.

Reports suggest that Musk is seeking permission to transfer driving data collected by Tesla in China to the US for processing. This move would allow Tesla to improve its autopilot driverless car software by leveraging its most advanced autonomous driving technology. Currently, Chinese laws prohibit the transfer of domestic data out of the country, and full self-driving autopilot has not been enabled in China.

Obtaining approval to transfer data collected in China abroad would be crucial for Tesla’s success in China, as it is the company’s second-largest market and faces competition from Chinese rivals with their own autonomous driving software. Analyst Dan Ives from Wedbush Securities believes that this move could be a game changer for Tesla.

Overall, this visit from Elon Musk to China is expected to strengthen Tesla’s presence in the Chinese electric vehicle market at a critical moment. The potential for expanding the use of full self-driving autopilot in China could significantly impact Tesla’s growth in the region.