China was the top market for the Model Y in 1Q with 94,469 units sold, notes Steve Westly. He discusses the key takeaways from Elon Musk's visit to China. He talks about how the Shanghai plant is Tesla's (TSLA) most productive and largest export hub. He also goes over how TSLA wants to release the full FSD beta in China, but regulatory hurdles are slowing it down. He highlights the importance of China to TSLA. He then looks at what the growth of the Chinese market means for the future of TSLA. He mentions Chinese E.V. makers best positioned to challenge TSLA. Tune in to find out more about the stock market today.
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