Tesla Competes Against Chinese Rivals 'With One Hand Tied Behind Its Back': Analyst

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Tesla Competes Against Chinese Rivals 'With One Hand Tied Behind Its Back': Analyst - Benzinga

Quick Summary:

Adding to the EV giant’s troubles, an analyst reiterated a Sell rating on the stock based on the rollout of FSD features in China.

What To Know: The limited FSD features being rolled out in China are similar to those included under the company's full self-driving software in the U.S., according to an app notification from the company shared by enthusiasts on social media.

Vehicles will be updated with new features such as identifying traffic lights, allowing for automatic lane changes, among others, the notification said.