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U.S. President Trump Meets With China's President Xi And Attends State Banquet
Tesla CEO Elon Musk applauds during a state banquet hosted by Chinese President Xi Jinping on May 14, 2026, in Beijing, China (Alex Wong/Getty Images)

Tesla says FSD is “available” in China. What does that actually mean?

We’ll let you know when someone besides Tesla — like China — confirms.

Rani Molla

Wednesday evening, Tesla declared on X that its Full Self-Driving (Supervised) technology is “now available” in a number of countries, including its second-biggest market, China — news that prompted a fresh round of headlines.

The thing is, while a limited version of Tesla’s supervised FSD has been available in China since last year, it’s not clear regulators have approved the full suite of technology there. As Tesla commentator Sawyer Merritt pointed out, Tesla’s website has described FSD as “available” in China since last year, where it’s known as “Intelligent Assisted Driving.” Meanwhile, China’s Ministry of Industry and Information Technology, the agency that oversees autonomous driving permissions, has not publicly issued a statement detailing any new approvals.

According to Chinese media Ningbo Evening News, a reporter posing as a customer contacted Tesla customer service in China asking about FSD and was told, “The company is actively advancing the approval process in accordance with relevant national regulatory requirements.”

Tesla itself has said it isn’t expecting approval until the third quarter.

“The broader approval is still not there, but we’re working with the regulators in the country, and we’re hoping that we can get approval by Q3,” CFO Vaibhav Taneja said on the company’s earnings call last month. “With these approvals coming through, we expect the broader adoption of the software in the existing fleet and incremental demand for our vehicles.”

Tesla’s announcement came after CEO Elon Musk traveled to China last week amid ongoing trade discussions between the US and China. Tesla has been struggling to compete with EV rivals in China, some of which already have approval for autonomous driving operations, and Musk has said it’s essential for his company’s next stage of growth there. Tesla did not immediately respond to a request for comment.

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Figure robot sorting packages GIF

Figure’s robots just sorted packages for 200 hours straight

What started as a 10-hour human-versus-robot challenge turned into a continuous marathon shift spanning nine days of continuous work.

Jon Keegan5/22/26
tech
Rani Molla

Report: Uber considers full Delivery Hero takeover to take on DoorDash outside the US

Uber appears to be considering upping its competition with DoorDash outside the US, exploring a potential full takeover of Frankfurt-listed Delivery Hero, Bloomberg reports. Earlier this week the US-based ride-hailing service disclosed a 19.5% stake in the food delivery company, but now that could go higher.

The $11.8 billion German company could be particularly vulnerable to a takeover right now, with its CEO having recently stepped down following pressure from activist investors to sell off assets. A full acquisition would give Uber a massive foothold in over 60 countries to combat DoorDash’s European-focused Wolt unit.

Uber has been involved in a lot of deal-making of late, mostly in the autonomous vehicle space, where it now has more than 30 partnerships globally.

Uber extended its losses on the news and is currently down around 1.7%.

The $11.8 billion German company could be particularly vulnerable to a takeover right now, with its CEO having recently stepped down following pressure from activist investors to sell off assets. A full acquisition would give Uber a massive foothold in over 60 countries to combat DoorDash’s European-focused Wolt unit.

Uber has been involved in a lot of deal-making of late, mostly in the autonomous vehicle space, where it now has more than 30 partnerships globally.

Uber extended its losses on the news and is currently down around 1.7%.

tech
Rani Molla

Meta released a Reddit dupe. Reddit investors don’t like it.

Fresh on the heels of releasing a Snapchat dupe, which sent Snap down earlier this month, Meta seems to be meddling with Reddit, quietly releasing a Reddit-like Facebook app called Forum yesterday. After news of the “dedicated space built for deeper discussions, real answers and the communities you care about,” Reddit’s stock is down 4.5% today.

Last month, Reddit’s earnings report handily beat analysts’ expectations, but it continues to struggle with the perception that bigger tech companies — including Meta — investing heavily in AI will eat its lunch. The stock is down nearly 40% year-to-date.

tech
Jon Keegan

Report: OpenAI’s Q1 revenue was $5.7 billion, beating Anthropic

The neck-and-neck race between OpenAI and Anthropic as the AI companies barrel toward their expected IPOs this year is shaking out some internal numbers for would-be investors to ponder.

The Information is reporting that OpenAI’s first-quarter revenue was ~$5.7 billion, about $1 billion ahead of Anthropic’s revenue for the same period.

The Wall Street Journal recently reported that Anthropic is on course to more than double its first-quarter revenue of $4.8 billion to $10.9 billion in the second quarter. It is not known what OpenAI is projecting for Q2.

Recently, The New York Times reported that Anthropic’s current fundraising round seeking to raise between $30 billion and $50 billion comes with a valuation of up to $950 billion, putting it ahead of OpenAI’s latest reported valuation of $850 billion.

The Wall Street Journal recently reported that Anthropic is on course to more than double its first-quarter revenue of $4.8 billion to $10.9 billion in the second quarter. It is not known what OpenAI is projecting for Q2.

Recently, The New York Times reported that Anthropic’s current fundraising round seeking to raise between $30 billion and $50 billion comes with a valuation of up to $950 billion, putting it ahead of OpenAI’s latest reported valuation of $850 billion.

tech
Rani Molla

Alphabet’s Waymos are still getting caught in floods after recall

Waymo, the self-driving subsidiary of Alphabet, has paused operations in Atlanta after a new report of a vehicle driving into a flooded roadway and getting stuck, TechCrunch reports. The news comes just weeks after the company recalled its fleet of nearly 4,000 driverless cars to deal with a previous flood incident in San Antonio, where the service is also paused.

After that incident, Waymo instituted an “interim remedy” to make the vehicles “exclude additional operating conditions that present an elevated risk of encountering a flooded, higherspeed roadway,” but added that it was still “developing the final remedy for this recall.”

As we’ve noted, Waymo has mostly kept its rollout — now public in 11 cities — to more temperate climates, as severe weather poses more challenges to autonomous vehicles.

After that incident, Waymo instituted an “interim remedy” to make the vehicles “exclude additional operating conditions that present an elevated risk of encountering a flooded, higherspeed roadway,” but added that it was still “developing the final remedy for this recall.”

As we’ve noted, Waymo has mostly kept its rollout — now public in 11 cities — to more temperate climates, as severe weather poses more challenges to autonomous vehicles.

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