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Tesla Stock Jumps on Trump Team Plan to Ease Self-Driving Car Rules
TSLATesla(TSLA) Investopedia·2024-11-18 13:45

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 ...