Tesla Partners with Baidu in China As Full Self Driving Arrival Gets Closer

$Tesla(TSLA.US)$ $BYD COMPANY(01211.HK)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ The 2 articles reported Baidu announced that Tesla vehicles in China will integrate Baidu Maps V.20 in May which features a 3D lane-level navigation capability directly integrated into vehicles. Elon Musk tweeted recently that Tesla may soon offer full self-driving software to customers in China by saying “It may be possible very soon”. Wang Yunpeng, head of Baidu’s Intelligent Driving Group (IDG), outlined ambitious targets in a letter dated Friday, seen by the Post and verified by a unit employee.
My Take: The collaboration also benefits Baidu. Mr Wang said:

“After conducting tests and trials covering 100 million kilometers, our next target will be 100 million yuan of revenue and 100 million yuan of profits.”

I shared a post previously that Tesla is welcomed in China and Tesla's new expansion in China benefits both parties (win -win). Tesla will eventually introduce FSD V12 (Supervised) in China. Despite what someone criticizes about the AI-software, collaboration with Baidu is a big milestone for Tesla FSD.