Tesla Announces a Free Trial of its Full Self-Driving (FSD) System in China

This limited-time offer is available to Chinese Tesla owners whose vehicles have compatible assisted-driving hardware and software, plus the latest navigation maps.

Tesla is offering a free trial of its Full Self-Driving (FSD) service in China from March 17 to April 16. The limited-time offer is available to Chinese Tesla owners whose vehicles have compatible assisted-driving hardware and software, plus the latest navigation maps.

The FSD system combines driving-assistance technologies developed with generative artificial intelligence to handle the complex traffic situations that drivers encounter daily. It is designed to perform tasks such as navigating traffic circles, traffic lights, and four-way stops.

Tesla is collaborating with Baidu to enhance the system's performance in the Chinese market. The company aims for a full rollout of FSD in 2025.

In the United States, Tesla's FSD system does not require accurate or up-to-date navigation maps as local training of the AI helps the technology drive better. However, in China, the company has been unable to train its system with data from the 2 million electric vehicles it has sold in the country due to strict data laws.

This contrasts with the approach of American autonomous driving technology startups, which can collect and use local data to improve their systems quickly.

Tesla is also known for its strong performance in the energy generation and storage business, which saw revenue increase by 67% year over year in 2024.

The growth in this segment accelerated further in the fourth quarter, with revenue soaring by 113% compared to the same period in the previous year.

However, despite this strength, the energy segment remains relatively small, accounting for about 10% of Tesla's total revenue.

This means that any weakness in the automotive division will still have a significant impact on overall results.

Several potential catalysts could help restart growth for Tesla in 2025. These include further development of autonomous driving technology, plans for a lower-cost electric vehicle, and continued expansion of its energy storage business.

By this summer, Tesla aims to launch a fleet of autonomous cars as a ride-sharing service in Austin, Texas, with the technology potentially being deployed more broadly.

The FSD software can help Tesla vehicles perform tasks such as navigating traffic circles, traffic lights, and four-way stops, as well as handling lane changes, merging on and off highways, stopping for pedestrians, and more.

With this technology already built into every car Tesla produces, the company could quickly become a major player in autonomous ride-sharing.

Furthermore, Tesla is planning to launch a more affordable vehicle, which is expected to be priced around $40,000 to $50,000.

According to Tesla management, there is likely more than one new vehicle in Tesla's pipeline.

Tesla Chief Financial Officer Vaibhav Taneja stated, "We are still on track to launch a more affordable model in the first half of 2025 and will continue to expand our lineup from there."

The energy storage business could also be a meaningful catalyst in 2025, as Tesla expects to grow energy storage production with the help of a new factory it finished late last year.

Tesla's current stock price is $241.70, representing a decrease of $8.28 or 3.31% for the trading day. Shares have fallen sharply in 2025, with a year-to-date decline of 39%.

This fall follows challenging financial performance in 2024, which saw the company's automotive revenue decrease by 6%, ultimately leading to total revenue growth of just 1%.

High interest rates have heavily affected Tesla's automotive demand, creating a difficult environment that has placed pressure on both sales volume and vehicle pricing.

The company's financial metrics showed further strain, with net income dropping by 53% and free cash flow declining by 18%.

According to Trader Edge on X, Tesla is finding support at the key level of $245, which has the highest trading volume since August 2020. If it can hold this level as support, the price could move toward $300.

After a 55% drop, $TSLA has found support at the range point of control around $245.

This price level has the highest trading volume since August 2020.

Can we see a run toward the key resistance level at $300?#Tesla pic.twitter.com/zOKJoBnjS3

— Trader Edge (@Pro_Trader_Edge) March 15, 2025

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As part of a broader push to expand its products and services in China, Tesla is offering a free trial of