Tesla Stores China Fleet Data Locally, Musk Seeks FSD Talks

April 29, 2024

Elon Musk’s Beijing Mission: Advancing Tesla’s FSD Ambitions

In a strategic move to bolster Tesla’s presence in the electric vehicle market, CEO of Tesla, Elon Musk, embarked on an unannounced journey to Beijing. This visit underscores the significance of the Chinese market for Tesla, which stands as the company’s second-largest consumer base. Musk’s agenda is twofold: to propel the deployment of Full-Self Driving (FSD) software in China and to negotiate terms that would allow the transfer of vital operational data beyond Chinese borders.

Since 2021, Tesla has been storing data collected by its Chinese fleet in Shanghai, adhering to local regulatory demands. This data is pivotal for refining autonomous driving technologies, yet until now, it has remained within the confines of the country. The data localization has not impeded Tesla’s progress, as the company has successfully launched its FSD software elsewhere. However, the Chinese market has been eagerly awaiting its arrival.

The CEO’s visit comes at a time when Tesla is facing stiff competition from local rivals, such as Xpeng, who are swiftly advancing their own autonomous driving software. Musk’s proactive approach—seeking direct dialogue with senior officials—demonstrates Tesla’s commitment to maintaining its competitive edge in this crucial market.

Musk’s presence in Beijing was kept under wraps, with sources privy to his itinerary requesting anonymity due to the sensitive nature of the discussions. Despite inquiries, Tesla has maintained silence on the matter.

With Musk hinting at a potential imminent release of FSD in China, Tesla customers are on the edge of their seats. This move could not only satisfy local demand but also contribute significantly to the evolution of autonomous driving technologies on a global scale. As Tesla navigates the complexities of international data regulations and market competition, all eyes are on Musk’s diplomatic prowess to steer these negotiations to a successful outcome.

Elon Musk, CEO of Tesla, made a surprise trip to Beijing to discuss the rollout of Full-Self Driving software in China and seek approval to transfer data collected in the country abroad for autonomous driving technologies
Elon Musk visited Beijing to engage with Chinese regulators and industry partners on Teslas Full Self-Driving (FSD) software, ensuring compliance with local laws and fostering collaboration for its advancement.

Can Elon Musk get Chinas nod for FSD data transfer?

Send a request and get a free consultation:

Learn more about business licenses

July 2025
Businesses Secure Long-Term Stability with New Lease Agreements
The EURUSD currency pair remains in a tight range above the 1.0900 support level on Monday as it struggles for direction. Investors seek fresh cues at the start of a busy data week, which may indicate how much the Federal Reserve will cut interest rates in September.
India Sees 22.5% Growth in Tax Collections, Boosted by Lease Revenues
India's net direct tax collections saw a significant boost, growing by 22.5% as of August 11, compared to 19.54% the previous month. This surge was driven by a 30% rise in Personal Income Tax revenues and a 111% increase in Securities Transaction Tax receipts, despite modest corporate tax growth.
Lawmakers Consider Alternatives as Lease Deduction Nears Expiration
Lawmakers are evaluating alternatives to the expiring 20% deduction for qualified business income introduced by the Tax Cuts and Jobs Act. One option is corporate integration, which could address existing distortions. Businesses with a lease may also be impacted by these potential changes.

Georgia small business guide

  • Starting a business
  • Local regulations
  • Funding options
  • Networking opportunities
    Thanks for the apply!
    We will get back to you within 1 business day
    You can schedule a call time at your convenience now:
    In the meantime, you can get a free consultation
    with our AI-assistant