Tesla Shares Surge as Political Shift Accelerates Autonomous Driving Agenda
Tesla’s stock climbed more than 5% during Monday’s trading session following a Bloomberg report indicating potential regulatory changes that could significantly advance Elon Musk’s autonomous vehicle ambitions. According to the report, transition advisors for President-elect Donald Trump are preparing to prioritize self-driving car development through federal transportation agencies. This represents a notable policy reversal from Trump’s October statements, when he characterized autonomous vehicles as “concerning” and suggested restricting their access to American roadways. The dramatic shift in position raises questions about both its underlying motivations and practical implications for Tesla’s business trajectory.