Why Tesla Stock Popped 7% on Monday Morning

Tesla (TSLA 5.97%) stock raced ahead by 7% through 10 a.m. ET Monday after Bloomberg reported that the incoming Trump administration wants to enact "a federal framework for fully self-driving vehicles." CEO Elon Musk has repeatedly said that he considers artificial intelligence (AI) and autonomous driving technology the keys to Tesla's future growth. Investors are hoping that with government backing, this will turn into a winning bet.What's driving Tesla stock higherTesla builds electric cars. Problem is, p ...