Overview

• Tesla's stock jumped following China's approval of its Full Self-Driving technology, with potential earnings increase of over $2 billion by 2030.
• Analysts predict substantial revenue and margin boosts for Tesla in China, the world's largest automotive market.
• The approval could lead to a higher adoption rate of Tesla's FSD in China, enhancing the company's competitive edge.
• Goldman Sachs remains cautious, citing the need for local adjustments and regulatory navigation in China.
• Tesla's partnership with Baidu could enhance its navigation capabilities, further supporting its FSD rollout in China.