Tesla Gives Back Some of $82 Billion Gain From Tentative China Deal

Tesla Inc. experienced a decline in market value, relinquishing some of the $82 billion gained after initial approval to offer driver-assistance features in China. Despite the 15% surge in shares, analysts are skeptical about the long-term benefits, noting the competitive market and regulatory challenges in China. Tesla's Full Self-Driving (FSD) feature, while priced at $8,000 in the U.S., may only fetch around $50 per month in China due to local competition, potentially limiting significant revenue boosts.