Tesla's stock jumps as reports suggest Trump's team will prioritize rules for self-driving cars.

Tesla's stock surged by 8% in premarket trading on reports that President-elect Trump's transition team plans to prioritize a federal framework for self-driving vehicles. This could benefit Tesla, which has been working on fully autonomous "robotaxis." The current federal rules restrict the deployment of autonomous vehicles, but a new framework could ease these restrictions, helping Tesla advance its plans.

November 18, 2024
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