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Tesla stock price reaction after lifting restrictions in China
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Tesla's 76 Models Pass 4 Data Security Standards in China, Restrictions Lifted
Apr 29, 2024, 03:41 AM
Tesla has successfully met all four data security processing requirements set by China for its 76 vehicle models manufactured at the Shanghai Gigafactory. The China Association of Automobile Manufacturers (CAAM) confirmed that Tesla, along with five other companies, has passed the necessary four safety standards to ensure automotive data security. This compliance has led to the lifting of previous restrictions on Tesla vehicles across various regions, including parking and traffic limitations at government units, airports, and highways. The clearance coincides with a visit to China by Tesla's CEO, Elon Musk.
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