Tesla Inc. (TSLA) shares are trading higher on Monday, boosted by the news surrounding CEO Elon Musk's unannounced trip to China on Sunday. According to a Bloomberg report, Beijing has tentatively approved the launch of Tesla's "Full Self-Driving" or FSD vehicle software in the Chinese market.
Yahoo Finance's Akiko Fujita breaks down the details, providing insight into what China's backing could mean for the automaker's revenue prospects.
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