Shanghai Eases Data Transfer Rules, Boosting Tesla's Autonomous Vehicle Ambitions

New policy allows cross-border data flow without regulatory approval for select companies in the free-trade zone, aiding Tesla's AI development.

Shanghai introduces a white list enabling overseas data transfers for companies in its free-trade zone.
Tesla and other firms can now transfer specific data categories without regulatory scrutiny.
The initiative aims to support AI and autonomous vehicle development, crucial for Tesla's self-driving technology.
Tesla plans to build a data center in China to enhance its autonomous driving algorithms.
Elon Musk's recent focus on China includes a partnership with Baidu for robotaxi services.