The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla , according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.
The electric vehicle market could see some big changes after the election. President-elect Donald Trump has plans to roll back many of the policies set in place by President Joe Biden, according
Tesla finds the rules unfair because it believes it reports better data than other automakers, which makes it look like Tesla is responsible for an outsized number of crashes involving advanced driver-assistance systems, one of the sources said.
Tesla' s stock price has been on a bit of a rally lately. The price is currently up almost 70 percent since election day, when Donald Trump became president-elect for a second time. This has boosted Tesla’s market capitalization from $807 billion up to $1.3 trillion.
It was revealed by the report that this succession of decline brought Tesla's "worst day" since its performance saw a massive spike after President-elect Trump won the November elections.
Tesla stock had an extraordinary run in the last month. Click here to find out why we continue to believe that TSLA stock is a sell.
Non Disclosure President-elect Donald Trump doesn't want his newfound son and Tesla CEO Elon Musk to be caught up in pesky regulations and government scrutiny. According to documents obtained by Reuters,
Tesla, Inc.'s stock has surged recently after solid Q3 results and Donald Trump's re-election. Click here to read an analysis of TSLA stock now.
The best time to buy an electric vehicle may be right now. That's because a $7,500 federal tax credit could soon disappear.
Few vehicles in modern history have elicited as much consumer excitement and loathing in their first year on the market than Tesla’s Cybertruck.
And they’re off. In 2025, a competition to master assisted and autonomous driving will begin in earnest. Carmakers like Tesla are chasing a market that McKinsey reckons could be worth $400 billion by 2035.