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Tesla Shares Surge 4.34% Following Debut of "Actually Smart Summon" in China

Mover TrackerFriday, Dec 13, 2024 5:31 pm ET

1min read

Tesla recently experienced a significant rise in its shares, marking a 4.34% increase on December 13, reaching its highest level since August 2022. This surge was accompanied by the introduction of Tesla China's latest feature, the "Actually Smart Summon." This function allows Tesla owners to summon their vehicles via the Tesla mobile app, enabling the vehicle to autonomously drive out of a parking space to the owner's location while remaining in the owner's line of sight. Future Tesla owners will receive this feature through an over-the-air update.

The Actually Smart Summon is available for Tesla vehicles equipped with Enhanced Autopilot (EAP) or Full Self-Driving (FSD) capabilities. This feature has already garnered positive feedback from Tesla owners in North America, highlighting the increased convenience it offers. Tesla has announced a promotional offer for new customers in China: those who purchase a Tesla vehicle by trading in their old car will receive a 90-day trial of the EAP, including access to this innovative feature.

The enhancement in smart features coincides with Tesla's continuous expansion of its Supercharger network across China. On December 13, Tesla launched its new Supercharger station at Xiushan Aegean Shopping Mall in Chongqing, marking the 60th Supercharger station in the region. This development underscores Tesla’s commitment to reinforcing the infrastructure supporting the local electric vehicle market.

Beyond the introduction of new stations, Tesla has reported the deployment of V3 Superchargers with a power output of 250kW in several key districts, designed to offer quick and seamless charging experiences. The strategic positioning of these stations reflects Tesla's intent to improve user convenience and lure drivers with efficient energy replenishment, all while providing a robust charging network across urban and rural areas.

Looking ahead, Tesla plans to begin deploying the next-generation V4 Superchargers across mainland China by 2025. These V4 chargers promise to deliver advanced charging capabilities, with the capacity to support both Tesla and third-party vehicles. The forthcoming V4 introduction aligns with Tesla's goal of offering a superior charging experience, maintaining the infrastructure's high availability and reliability, positioning itself as a leader in the electric vehicle ecosystem.

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