$TSLA China just escalated from denial to police report.
Rumors spread yesterday that Tesla's Shanghai FSD data center was being gutted. Tesla called it false. Today they filed an official police complaint.
Their statement: Data center is operational. Hiring for driver-assistance roles is accelerating, not slowing. FSD development in China is moving forward.
When a company goes from "that's not true" to "we're calling the cops," it tells you how serious the misinformation got. Tesla clearly wants to shut down speculation before it damages investor confidence or recruitment efforts.
China remains critical for Tesla's autonomous driving ambitions. Any doubt about their FSD infrastructure there hits both the stock and their long-term AI narrative.
Rumors spread yesterday that Tesla's Shanghai FSD data center was being gutted. Tesla called it false. Today they filed an official police complaint.
Their statement: Data center is operational. Hiring for driver-assistance roles is accelerating, not slowing. FSD development in China is moving forward.
When a company goes from "that's not true" to "we're calling the cops," it tells you how serious the misinformation got. Tesla clearly wants to shut down speculation before it damages investor confidence or recruitment efforts.
China remains critical for Tesla's autonomous driving ambitions. Any doubt about their FSD infrastructure there hits both the stock and their long-term AI narrative.