Reported 15 days ago
Tesla's stock surged by 5.6% on Monday, fueled by reports that President-elect Donald Trump's transition team plans to prioritize creating a federal framework for self-driving vehicles. This potential easing of regulations, particularly for autonomous vehicles lacking traditional controls, could significantly benefit Tesla, whose future growth is tied to full self-driving technology. Analysts foresee this move clearing regulatory hurdles that have hampered Tesla's progress in autonomous driving.
Source: YAHOO