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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (181253)	11/19/2024 9:54:54 AM
From: Goose94	Read Replies (1) \| Respond to of 202902

Tesla (TSLA-NQ) Money Talks gets early payback for Trump support <embers of U.S. president-elect Donald Trump's transition group have told advisers they plan to make a federal framework for fully self-driving vehicles one of the Transportation Department's priorities. If new rules enable cars without human controls, it will directly benefit Elon Musk, the Tesla chief executive officer and Trump megadonor, who has become a powerful fixture in the president-elect's inner circle. He has bet the future of the electric-vehicle maker on self-driving technology and artificial intelligence. Tesla shares traded up 8 per cent in premarket trading on Monday. The stock has climbed 28 per cent since election day. Meanwhile, shares of Uber and Lyft dropped by 2 per cent before the start of regular trading in New York. Current federal rules pose significant roadblocks for companies looking to deploy vehicles without steering wheels or foot pedals in large quantities, which Tesla plans to do. The Trump team is looking for policy leaders for the department to develop a framework to regulate self-driving vehicles. An act of Congress is needed to clear the way for mass adoption of self-driving cars.