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Cathie Wood: People Have No Idea What Tesla Just Revealed

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A big step forward for Tesla
During Tesla's firstquarter earnings, George Gianarikas of Canaccord Genuity asked Musk specifically about FSD in China. While Musk remained somewhat tightlipped, he did share that the plan for FSD is to release the technology "where we can get regulatory approval for that, which we think includes China."

It seems that he wasted no time trying to make good on that outlook. Following Musk's discussion with regulators, Reuters reported that Tesla and Baidu have agreed to initial terms for the implementation of FSD in China.

Although details surrounding the partnership are sparse, Reuters reported that Tesla will be leveraging Baidu's mapping license for FSD. In essence, Tesla's vehicles collect and store myriad data points such as road designs, traffic patterns, neighborhood layouts, and more in order to develop autonomous driving.

By accessing Baidu's mapping database, Tesla should make significant strides in its FSD platform which it hopes to integrate into its vehicles in China.
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posted by bionestor6j