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Tesla's Stock Could Rise By Up To $24 If EV Giant's China FSD Rollout Succeeds, Says Fund Manager: 'Much Depends On Whether...'

Benzinga ·  May 1 04:42

Tesla Inc.'s stock (NASDAQ:TSLA) saw a boost this week on news of a potential full self-driving software rollout in China.Future Fund'sGary Blackweighed in Tuesday, highlighting the potential benefits for Tesla if the technology reaches this key market.

China FSD: A Big Boost, But Questions Remain

While Black acknowledges the difficulty of quantifying FSD's value for Tesla, he emphasizes two key factors:

  • Sales Model:Will Tesla sell FSD only on its own vehicles, or will it secure licensing deals with Chinese startups?
  • Adoption Rate: How many Tesla owners in China will opt for...
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