Tesla announced its 2023 financial report today, with total revenue for the year reaching US$96.773 billion, equivalent to approximately 692.2 billion yuan, a year-on-year increase of 18.79%. And in the subsequent earnings conference call,Musk said that Tesla will license FSD (fully autonomous driving) technology to other car companies.

Musk said, I think many car companies should actively seek FSD authorization, but I think they don’t seem to believe this is true yet.

If I were the CEO of a car company, I would definitely contact Tesla and ask to license the FSD technology, which is definitely a smart move.

At the same time, Musk also revealed that Tesla is in early discussions with a large car company about FSD software licensing.

In addition, Musk also talked about Chinese auto companies. He said that from a global perspective, Chinese auto companies are undoubtedly very competitive.

Tesla currently sees no obvious opportunities to cooperate with Chinese car companies.Unless Tesla is willing to share technologies such as charging networks and FSD autonomous driving with these companies.

Still, Tesla is happy to license its technology, which could help fuel the sustainable energy revolution.