Tesla intends to transfer data collected within China to train algorithms for its autonomous driving technologies.However, concerns regarding data security and privacy have slowed down the approval process for full FSD functionality.
Elon Musk's recent announcement that Tesla will launch its highly anticipated robotaxi on August 8 has sent shockwaves through the market, with Tesla's stock surging 5.1% in response.
Elon Musk believes that cameras, coupled with powerful AI, can provide all the information needed for self-driving cars as compared to LiDAR.
Tesla has been in talks with the Indian government about setting up a manufacturing plant in the country.
The Indian government is offering Tesla incentives to set up a manufacturing plant in the country.
