Tesla Stock Pops 5% on AV Deregulation Buzz: ETFs in Focus

Electric vehicle giant Tesla (TSLA) shares climbed over 5% on Monday, reaching $338.74, following a Bloomberg report indicating that President-elect Donald Trump’s transition team is prioritizing a federal framework for autonomous vehicle (AV) regulations. Talks are rife that Donald Trump will ease regulations for self-driving cars during his upcoming second presidential term.Impact of Likely Federal Deregulation on TeslaRBC Capital analyst Tom Narayan emphasized the potential benefits of federal deregulati ...