BEIJING, April 29 – Tesla CEO Elon Musk's latest trip to China has caused an uproar in the industry.
Loading...
Just yesterday, the China Association of Automobile Manufacturers officially announced that Tesla, as the only foreign-funded enterprise on the public list, successfully passed the four safety requirements of automotive data processing for its domestically produced Model 3 and Model Y models, marking a major breakthrough in Tesla's business in China.
In this way, the previous situation of Tesla cars not being allowed to drive or stop in some places due to information security issues may change in the future.
This milestone achievement not only paves the way for Tesla's full lifting of the ban in the Chinese market, but also makes domestic electric vehicle manufacturers feel unprecedented competitive pressure.
In the context of the gradual relaxation of a series of prohibitions and stoppages, Musk's visit to China is particularly crucial.
According to people familiar with the matter, the focus of his trip is to accelerate the implementation of Tesla's Full Self-Driving (FSD) function in China. Musk himself has also expressed his optimistic expectation on social media that the FSD feature will soon be launched in the Chinese market.
This news directly pushed Tesla's stock price up sharply, and its market value regained its peak of $500 billion, while making Musk's personal wealth rank surpass Zuckerberg and jump to the third place in the world.
In the face of Tesla's dual offensive in data security compliance and autonomous driving technology, domestic new energy vehicle brands such as Xiaomi, Wenjie, NIO, Xiaopeng, etc., may usher in a more fierce market competition environment.
Although these local brands have made significant progress in the field of intelligence and electrification in recent years, Tesla's FSD will undoubtedly pose a direct threat to them once it is officially commercialized in the Chinese market, especially in the field of high-end smart electric vehicles.
It is worth noting that Musk's trip also released another important signal: Tesla plans to achieve a qualitative change of 6 billion miles through FSD in the next year, indicating that its annual revenue may reach a new high of tens of billions of dollars.
This ambitious plan, coupled with Musk's mention of cheap models, indicates that Tesla is laying out multi-front operations, firmly occupying the high-end market, but also to seize the low-end market, intending to further consolidate and expand its voice in the global and Chinese markets through the enrichment of the product matrix and the acceleration of technological innovation.
For domestic electric vehicle manufacturers, Tesla's series of actions is undoubtedly a wake-up call. After enjoying years of policy dividends and market growth, how to confront international giants like Tesla in terms of technological innovation, data security compliance, and user experience has become an urgent issue to be solved.
Whether domestic electric vehicles can stay ahead in this race for smart mobility, or be overtaken by Tesla, every step in the future is crucial.
Musk's trip to China is not only an important promotion of Tesla's strategy in China, but also a prelude to the change in the pattern of the entire new energy vehicle industry. With the full lifting of Tesla's ban and the imminent arrival of FSD, a battle for technology, market, and future has begun silently.
Domestic tram brands, are you ready?