
Tesla's China Approval and Paramount's CEO Ousting
Bloomberg Tech
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Market Updates: Tesla's FSD in China and Paramount CEO Ousting
This chapter delves into Tesla's stock surge following tentative approval for its driving system in China, while also discussing Paramount's CEO expected ousting. It covers NASDAQ performance, 10-year yield movement, and market trends like SoFi shares dropping due to Q2 guidance. The chapter analyzes Tesla's FSD system distinction, its revenue potential in different markets, and Elon Musk's strategic moves in China and India, alongside updates on autonomous driving technology and US auto safety investigations.
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