Tesla stock surges 7% on Trump plan to streamline regulations for self-driving cars: report
TSLATesla(TSLA) New York Post·2024-11-18 23:55

Tesla shares jumped 7.2% on Monday following a report that President-elect Donald Trump plans to speed along the regulatory process on self-driving vehicles. Trump’s transition team is aiming to make a federal framework for fully autonomous vehicles a top priority for the Transportation Department, sources familiar with the matter told Bloomberg.The streamlined regulatory system would greatly benefit Tesla founder Elon Musk, helping Tesla deliver on its longtime promise to release a fleet of fully self-driv ...