Tesla on Tuesday made a long-awaited update to its autopilot software in China to add a city navigation feature.

The carmaker’s most advanced driver-assistance software is available in the U.S. but hasn’t received final approval from the authorities in the world’s largest electric-vehicle market.

Tesla rolled out self-driving features to some of its cars in China after BYD said all its cars would get its self-driving tech for free.

On February 20, Tesla’s 50-day moving average shifted into a bearish trend as the telltale trendline shifted into a declining pattern. The last time Tesla’s 50-day followed a similar trend was January 24, 2024. That shift in the stock’s momentum preceded a 22% decline in Tesla shares over two-month period.

The shares are down more than 35% from recent peaks. Investors can look at these data to help find when things might bottom out.

The third is the stock price on Wall Street, which now seems to reflect the global competitive environment and, perhaps, investor opinion of Musk's non-Tesla activities. Related: Grok sparks backlash with answer to question concerning Elon Musk The price lately has not been pretty,