Tesla Shares Jittery as Musk's Beijing Trip Fuels FSD Approval Hopes

Tesla shares swung wildly on May 14, 2026, as CEO Elon Musk's visit to Beijing with a US business delegation reignited hopes for Chinese approval of Full Self-Driving (FSD) software, potentially boosting software revenue and AI valuation. The stock had surged 14% over the prior six sessions, rising in five, amid broader market gains with S&P 500 up 0.4% and Dow up 0.6%. China is vital for Tesla, with 626,000 cars sold last year representing ~20% of revenue, alongside $2.9 billion bids for solar equipment, though domestic rivals and regulations pose risks.