Recently, Zacks.com users have been paying close attention to Baidu Inc. (BIDU). This makes it worthwhile to examine what the stock has in store.
Tesla is one step closer to launching full-self driving (FSD) technology in China after it clinched an agreement with Baidu to upgrade its mapping software.
Tesla released a software upgrade for its in-car navigation system in China on Friday, introducing new features such as displaying lane markings on its maps that correspond to the actual lanes on the road. Tesla did not specify the provider of the lane-related mapping service while the official Shanghai Securities News reported on Friday that Baidu is the map supplier. Baidu, first announced the release of its V20 Baidu Maps in April, naming Tesla and Huawei among the clients of the map.