Trump's new policy boosts major policy benefits for autonomous driving, and Tesla (TSLA.US) rose more than 6% before the market open
Market IntelMonday, Nov 18, 2024 8:50 am ET
1min read Tesla (TSLA.US) rose over 6% before the market opened on Monday, trading at $341.34. Reports have indicated that the Trump transition team has told advisers that they plan to make the federal framework for fully autonomous vehicles a priority for the U.S. Department of Transportation. Dan Ives, an analyst at Wedbush Securities, said this development could mark a significant step forward in the U.S. in terms of relaxing regulations for autonomous vehicles and would provide a major boost to Tesla's vision of achieving autonomous driving and artificial intelligence by 2025.
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