Trump's new campaign pledge on autonomous EVs is good for Musk and Waymo, bad for China
Briefly

"I will continue my first-term efforts to protect America from the threat of Chinese automobiles. I will stop Chinese and other countries producing automobiles and autonomous vehicles," Trump said at a Detroit Economic Club campaign event.
"Does anybody like an autonomous vehicle, you know what that is right? Some people do, I don't know, a little concerning to me, but the autonomous vehicles - we're going to stop from operating on American roads," Trump remarked, emphasizing his reservations about self-driving technology.
U.S. competition is catching up, with Alphabet and Uber's Waymo driverless cars recently expanding to new cities. Waymo recently hit more than 100,000 weekly paid rides in Phoenix, San Francisco and Los Angeles.
Musk has been a fervent supporter of Trump, even flirting with a potential role in his administration if he wins. The X owner appeared at a Trump campaign event earlier this week, demonstrating a strong alignment between the tech mogul and the former president.
Read at Fortune
[
|
]