Overview

• Tesla is the first foreign-owned automaker to be approved for government vehicle purchases in China.
• The Model Y, produced at Tesla's Shanghai Gigafactory, meets local data security and pricing requirements.
• This approval follows Elon Musk's recent high-level meetings with Chinese officials.
• The inclusion could pave the way for broader acceptance of Tesla's advanced technologies in China.
• Tesla faces increasing competition from domestic EV manufacturers like BYD.