Tesla jumps 10% on self-driving service for China - Breaking The News

Tesla jumps 10% on self-driving service for China

24 March

1 min read

EPA-EFE/FELIPE TRUEBA

Shares of Tesla Inc. gained ground on Monday, jumping over 10% and reaching their highest intraday rise since November 11, 2024, after falling for nine consecutive weeks due to rising controversy surrounding CEO Elon Musk's political endeavors.

Earlier today, the company's Chinese branch announced the rollout of its Full Self-Driving (FSD) feature in China after regulatory approval, seemingly triggering investor optimism. The company's stock soared 10.22% at 10:30 am ET, going for $274.14 apiece.

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