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Tesla jumps 13% after passing key hurdle to roll out advanced driver-assistance tech in China
Shares of Tesla rose sharply on Monday morning after the electric carmaker passed a significant milestone to roll out its advanced driver-assistance technology in China.
The company’s share price spiked more than 13% as investors reacted to news surrounding Tesla CEO Elon Musk’s visit to China.
Tesla on Sunday said local Chinese authorities removed restrictions on its cars after passing the country’s data security requirements.
The move raised expectations that Tesla’s...
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