Tesla launched its Supervised Full Self-Driving (FSD) system in China on May 21, 2026. This release expands the company's autonomous driving technology into a major global market.
The company will convert its Fremont, California factory into a production line for humanoid robots. Tesla aims for an annual production capacity of one million units at the facility.
Tesla shares rose nearly 2% during daily trading following the dual announcement. The gains acted as a catalyst for broader autonomous driving and electric vehicle equities in the consumer discretionary sector.