ETFs in Focus | Tesla 2x Long ETF Soars Over 9% as Supervised FSD Officially Launches in China, Company Prioritizes FSD Product Strategy

Stock News11:17

The Tesla 2x Long ETF (07766) surged more than 9%, rising 8.97% to HK$130.65 by the time of writing, with a turnover of HK$3.0359 million. On the news front, Tesla Motors (TSLA.US) officially announced the latest deployment of its Supervised Full Self-Driving (FSD) system on May 21, noting that the supervised version is now available for use in China. Tesla's China division recently posted multiple job openings related to autonomous driving testing, sparking industry speculation about an accelerated rollout of FSD in the Chinese market. Tesla's official customer service responded that the company is actively advancing approval procedures in accordance with national regulations and will promptly push the update to domestic customers once approved. It is understood that during Tesla's Q1 2026 earnings call, the CFO clearly stated that the company has adjusted its vehicle sales strategy, with FSD set to become a key product focus going forward, while vehicles serve merely as delivery platforms. Notably, Tesla's global paid FSD user base approached 1.3 million in the first quarter, showing rapid growth momentum.

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