Tesla stock has surged after a bullish report on President-elect Trump's potential federal framework for self-driving vehicles, benefiting automakers involved in autonomy.
With Trump likely appointing supportive policymakers at the NHTSA, new federal rules on self-driving could be expedited, enhancing Tesla's position in the autonomy race.
The close relationship between Tesla CEO Elon Musk and President-elect Trump suggests that autonomy regulations may be shaped to favor Tesla's interests and safety concerns.
Analysts suggest the AI aspect of Tesla could double the company's valuation, driven by anticipated streamlined self-driving regulations thanks to the new administration.
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