{"id":127392,"date":"2024-11-18T21:17:52","date_gmt":"2024-11-18T14:17:52","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=127392"},"modified":"2024-11-18T21:17:52","modified_gmt":"2024-11-18T14:17:52","slug":"tesla-stock-jumps-on-trump-team-plan-to-ease-self-driving-car-rules","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=127392","title":{"rendered":"Tesla Stock Jumps on Trump Team Plan to Ease Self-Driving Car Rules"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"mntl-sc-page_1-0\" data-sc-sticky-offset=\"80\" data-sc-ad-label-height=\"0\" data-sc-ad-track-spacing=\"90\" data-sc-min-track-height=\"250\" data-sc-max-track-height=\"600\" data-sc-breakpoint=\"50em\" data-sc-load-immediate=\"1\" data-sc-content-positions=\"[300, 1, 1, 1250, 1, 1, 1, 1]\" data-bind-scroll-on-start=\"true\">\n<div id=\"mntl-sc-block_1-0\" class=\"comp mntl-sc-block finance-sc-block-callout mntl-block\">\n<div id=\"mntl-sc-block_2-0\" class=\"comp mntl-sc-block mntl-sc-block-callout mntl-block theme-whatyouneedtoknow\" data-tracking-id=\"mntl-sc-block-callout\" data-tracking-container=\"true\">\n<h3 id=\"mntl-sc-block-callout-heading_1-0\" class=\"comp mntl-sc-block-callout-heading mntl-text-block\">KEY TAKEAWAYS<\/h3>\n<div id=\"mntl-sc-block-callout-body_1-0\" class=\"comp mntl-sc-block-callout-body mntl-text-block\">\n<ul>\n<li>Shares of Tesla are jumping in premarket trading Monday on a Bloomberg report that President-elect Donald Trump&#8217;s transition team is planning a federal framework for fully self-driving vehicles.<\/li>\n<li>Tesla CEO Elon Musk, who is part of Trump\u2019s inner circle, benefits from easier self-driving vehicle rules, having made the robotaxi a key focus on the EV maker&#8217;s future.<\/li>\n<li>Musk announced plans in October to produce the robotaxis from 2026 onward.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<p id=\"mntl-sc-block_3-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Shares of Tesla (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=TSLA\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">TSLA<\/a>) are jumping in premarket trading Monday on a report that President-elect Donald Trump&#8217;s transition team is planning a federal framework for fully self-driving vehicles, as investors bet on easier rules for the company&#8217;s robotaxi.<span class=\"ql-inline-citation\" data-cite=\"2\"\/>\n<\/p>\n<p id=\"mntl-sc-block_5-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Tesla <a href=\"https:\/\/www.investopedia.com\/terms\/c\/ceo.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">Chief Executive Officer (CEO)<\/a> <a href=\"https:\/\/www.investopedia.com\/articles\/personal-finance\/061015\/how-elon-musk-became-elon-musk.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">Elon Musk<\/a>, who is part of Trump\u2019s <a href=\"https:\/\/www.investopedia.com\/elon-musk-s-doge-is-hiring-here-are-the-details-8746098\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\">inner circle<\/a>, benefits under such a framework as he has made the robotaxi, a vehicle that will be able to drive itself without human supervision, a key focus of the electric vehicle (EV) maker\u2019s future.\n<\/p>\n<p id=\"mntl-sc-block_7-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> According to <em>Bloomberg<\/em>, Trump\u2019s transition team members have told advisers they plan to make a federal framework for fully self-driving vehicles one of the Transportation Department\u2019s priorities.\u00a0\n<\/p>\n<p id=\"mntl-sc-block_9-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> At the moment, companies looking to sell vehicles without steering wheels or foot pedals en masse, something Tesla is planning, face significant regulatory hurdles, the report said. Present U.S. rules also pose big obstacles for Tesla\u2019s plans for a robotaxi, including a cap that limits their deployment, the report added.\n<\/p>\n<p id=\"mntl-sc-block_11-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Musk <a href=\"https:\/\/www.investopedia.com\/tesla-unveils-its-highly-anticipated-robotaxi-what-you-need-to-know-8726872\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">announced plans<\/a> in October to produce the robotaxis from 2026 onward.\n<\/p>\n<p><span class=\"heading-toc\" id=\"toc-wedbush-calls-federal-framework-bullish-for-ev-maker\"\/><\/p>\n<h2 id=\"mntl-sc-block_13-0\" class=\"comp mntl-sc-block finance-sc-block-heading mntl-sc-block-heading\"> <span class=\"mntl-sc-block-heading__text\"> Wedbush Calls Federal Framework &#8216;Bullish&#8217; for EV Maker <\/span> <\/h2>\n<p id=\"mntl-sc-block_14-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Wedbush analysts led by Dan Ives reiterated their outperform call on the EV maker, saying a federal framework\u00a0would be &#8220;bullish for Tesla&#8221; and a &#8220;huge step forward in easing US rules for self-driving cars.&#8221;<span class=\"ql-inline-citation\" data-cite=\"1\"\/>\n<\/p>\n<p id=\"mntl-sc-block_16-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The analysts, who also stuck with their <a href=\"https:\/\/www.investopedia.com\/tesla-stock-furthers-post-election-surge-gets-boost-from-wedbush-analysts-8743033\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">$400 price target <\/a>on the EV maker, reiterated that they estimate the autonomous vehicle and <a href=\"https:\/\/www.investopedia.com\/terms\/a\/artificial-intelligence-ai.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">artificial intelligence (AI)<\/a> opportunities to be worth $1 trillion for the company.\n<\/p>\n<p id=\"mntl-sc-block_18-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Wedbush analysts said last week that Tesla, which is less reliant on credits than smaller upstarts, could even benefit from less government support for EVs. Investors expect a Trump presidency to <a href=\"https:\/\/www.investopedia.com\/tesla-and-other-ev-stocks-drop-on-reports-trump-team-plans-to-kill-tax-credit-8745691\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">roll back EV credits<\/a> given under the Biden administration.\n<\/p>\n<p id=\"mntl-sc-block_20-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Tesla shares are rising 6.4% in pre-market trading and have gained almost 30% this year.\n<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.investopedia.com\/tesla-trump-team-plan-to-ease-self-driving-cars-rules-8746944\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KEY TAKEAWAYS Shares of Tesla are jumping in premarket trading Monday on a Bloomberg report that President-elect Donald Trump&#8217;s transition team is planning a federal framework for fully self-driving vehicles. &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=127392\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-127392","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/127392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127392"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/127392\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}