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 ...

ToplineTesla stock jumped Monday following a report indicating President-elect Donald Trump will fast track regulations about self-driving cars, sending a positive signal on how Trump will oversee the electric vehicle giant helmed by the world’s richest man, and close Trump ally, Elon Musk—days after Tesla stock reeled due to Trump’s plan to kill a policy favorable to the company.President-elect Donald Trump, left, and Elon Musk talk at a UFC event Saturday.Zuffa LLC Key FactsShares of Tesla rose 7% to $344 ...

KEY TAKEAWAYSShares of Tesla are jumping in premarket trading Monday on a Bloomberg report that President-elect Donald Trump's transition team is planning a federal framework for fully self-driving vehicles.Tesla CEO Elon Musk, who is part of Trump’s inner circle, benefits from easier self-driving vehicle rules, having made the robotaxi a key focus on the EV maker's future.Musk announced plans in October to produce the robotaxis from 2026 onward. Shares of Tesla (TSLA) are jumping in premarket trading Monda ...

Shares of Tesla Inc. NASDAQ: TSLA have been the subject of much criticism in the past few months, as the company was seen as out of favor during the previous market cycle. This is especially the case as the price of oil remains below $75 and struggles to rise, meaning that fuel costs aren’t high enough yet to justify ownership of electric vehicles as an alternative source. However, a recent quarterly earnings release sent Tesla stock flying by over 20% in a matter of days, a rally that accelerated once the ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and onl ...

Donald Trump’s victory in the 2024 presidential election has sent Tesla Motors (NASDAQ: TSLA) stock on a somewhat surprising rollercoaster ride.Thanks to Elon Musk’s role in the incoming administration and his political alliance with the Republican President-Elect, TSLA shares began rocketing on November 6. Still, some subsequent policy headwinds – primarily the plans to cut the $7,500 electric vehicle (EV) tax credit – also triggered a significant correction.The latest development, however, was upward as T ...

Tesla CEO Elon Musk (R) joins former U.S. President and Republican presidential candidate Donald Trump during a campaign rally at the site of his first assassination attempt in Butler, Pennsylvania, on Oct. 5, 2024.Tesla shares jumped on Monday following a report that President-elect Donald Trump's transition team are planning to make a federal framework to regulate self-driving vehicles a top priority for the U.S. Transport Department.As of around 5:23 a.m. ET, Tesla stock was up 8.38% in U.S. premarket tr ...

One of the most successful stocks over the last few years is Tesla (TSLA 3.07%). The company has defied the odds by becoming one of the few automakers to become a consistently profitable business.Amid this success, having faith in Elon Musk's vision for Tesla has paid off for investors, but the degree to which its early investors have benefited may come as a surprise.The value of one Tesla share todayIf anyone had bought one share of Tesla's IPO at $17 per share, they would own 15 shares after a 5-for-1 spl ...

The share price of electric vehicle manufacturer Tesla (NASDAQ: TSLA) remains at a critical juncture, facing the increasing threat of dropping below the $300 support.To some extent, the stock has cooled down from its post-election momentum, where investors were anticipating the equity would touch the crucial $400 mark. As of press time, TSLA was valued at $320.72, ending the November 15 trading session up over 3%. On the weekly chart, Tesla is down over 7%.  TSLA seven-day price chart. Source: FinboldTSLA s ...

These stocks have realistic paths to grow larger than Tesla.Tesla (TSLA 3.07%) is back. Shares of the electric vehicle (EV) maker plunged as much as 43% earlier this year. The stock has been on a roll since late April, though, soaring more than 130%.Thanks to the strong rebound, Tesla once again boasts a market cap of over $1 trillion. I'm unsure how the stock will perform going forward. However, I predict that 10 years from now, the following three stocks will be worth more than Tesla.1. Berkshire Hathaway ...