Musk Wins China’s Backing for Tesla’s Driver-Assistance Service


Source: finance.yahoo.com finance.yahoo.com

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SINGAPORE—Elon Musk wrapped up a trip to China in less than 24 hours and came away with a crucial victory as he pushes to reignite Tesla’s sagging growth. Most Read from The Wall Street Journal After his flurry of meetings with top officials in Beijing, China’s government signaled its blessing for Tesla to roll out its advanced driver-assistance service in the carmaker’s second-biggest market. The Tesla chief executive is seeking to expand use of the controversial software feature globally as the company confronts the prospect of lower sales growth this year. Chinese officials told Tesla that Beijing has tentatively approved...