Group 1 - Tesla concept stocks in Hong Kong experienced a downturn, with BYD Company Limited (01211.HK) falling over 3% [1] - Other stocks such as Ganfeng Lithium Co., Ltd. (01772.HK), Nextracker Inc. (01316.HK), and Xinbang Holdings (01571.HK) also declined [1] - Elon Musk indicated that the robotaxi project in the San Francisco Bay Area is awaiting regulatory approval, with a potential launch in one to two months [1]

Core Insights - The robotaxi project in the San Francisco Bay Area is awaiting regulatory approval and is expected to launch within one to two months [1] Group 1 - The project is led by Elon Musk and focuses on autonomous vehicle technology [1] - Regulatory approval is a critical step for the deployment of the robotaxi service [1] - The anticipated timeline for the launch indicates a proactive approach by the company in advancing its autonomous vehicle initiatives [1]