Tesla gains on report Trump's team planning federal self-driving vehicle regulations
Portfolio Pulse from
Tesla shares increased by nearly 7% following a report that President-elect Donald Trump's team is planning to establish federal regulations for autonomous vehicles.
November 18, 2024 | 2:15 pm
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Tesla shares rose nearly 7% after reports of potential federal regulations for autonomous vehicles by Trump's transition team.
The news of potential federal regulations for autonomous vehicles is positive for Tesla as it could lead to a more structured and supportive environment for the development and deployment of self-driving technology, which is a key area for Tesla's growth.
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