Tesla ( TSLA) shares soared higher in early Monday trading after the electric-car maker won a key endorsement for the rollout of its driver-assistance technologies in China following CEO Elon Musk 's surprise weekend visit to Beijing.

Tesla shares jumped 15% on Monday following reports CEO Elon Musk won tentative approval to deploy Tesla's Full Self-Driving system in China.

Shares in Tesla (TSLA) surged ahead of the opening bell, after Chief Executive Elon Musk secured a crucial victory on a quickfire trip to China. Beijing signaled its blessing for Tesla to roll out its advanced driver-assistance service in China,

Elon Musk paid a surprise visit to China at the weekend as he bids to shore up Tesla sales and introduce the carmaker’s self-driving technology in its second biggest market in the face of ferocious competition.

Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the electric vehicle maker's second-biggest market, according to two people with knowledge of the matter.

Tesla saw its biggest one-day jump since February 2020 off the back of a Wall Street Journal report that Beijing has tentatively approved its “Full Self-Driving” software in China.

Elon Musk’s quick visit to China paid immediate dividends, with Tesla Inc. receiving in-principle approval from government officials to deploy its driver-assistance system in the world’s biggest auto market.

Major U.S. indexes edged higher at the start of a busy week for corporate earnings and economic data. Tesla shares rose 15%.

Tesla has concluded a series of arrangements with regulators and a Chinese artificial intelligence company during a quick trip to Beijing on Sunday and Monday by Elon Musk, the carmaker’s CEO, potentially clearing the way for the company to offer its most advanced self-driving software on cars in China.

A reported deal with Chinese search giant Baidu will help pave the way for a rollout of Tesla's self-driving technology.