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IT Home reported on July 24 that after half a year of discussion and anticipation, Tesla's FSD (full autonomous driving system) process of entering the Chinese market seems to be about to enter a critical stage.

Tesla CEO Elon Musk mentioned in today's earnings call that the company will apply for regulatory approval in Europe and China to implement supervised FSD, and expects to obtain approval before the end of this year.

In June this year, Shanghai Lingang New Area began to promote the pilot implementation of Tesla FSD (full automatic driving system), involving 10 Tesla vehicles to conduct road tests in Shanghai.

Although Tesla FSD has not yet been launched in the Chinese market, it was sold with the Model 3 as early as the launch of the car. The domestic price is 64,000 yuan, and a subscription system may be introduced in the future, with the price possibly being around US$98 per month (IT Home Note: currently about RMB 711).

Reuters also said at the end of May that Tesla China is preparing to register its FSD function with relevant departments so that it can be launched this year. Tesla is working hard to introduce FSD V12 to China, and last month, relevant words appeared in the car systems of Tesla Chinese employees.

Tesla is also considering licensing FSD to other Chinese automakers, and the sales of FSD in China will open up a new source of revenue for Tesla. Tesla's sales in China fell 7.6% from January to April 2024 due to competition from Chinese electric vehicle manufacturers.

On April 28, the China Association of Automobile Manufacturers and the National Computer Network Emergency Response Technical Processing Coordination Center issued the "Notice on the Testing of Four Safety Requirements for Automobile Data Processing (First Batch)", which mentioned that all models produced by Tesla's Shanghai Super Factory meet the compliance requirements, and it is the only foreign-funded enterprise that meets the compliance requirements.