Reported about 17 hours ago
Tesla's stock jumped 9.8% on Friday, bringing its weekly gain to 17.9%, following the Department of Transportation's announcement of new regulations for self-driving cars aimed at reducing regulatory hurdles. The news supports CEO Elon Musk's vision of launching fully autonomous rides in Austin by June. Despite previous declines, the stock's recent surge reflects boosted optimism about Tesla's future in both autonomous vehicles and potential expansion into the Indian market.
Source: YAHOO