Tag TSLA

Tesla Shares Jump as Possible Deregulation on Autonomous Vehicles Seen as Bullish for EV Maker, RBC Says...

Tesla (NASDAQ: TSLA) stock raced ahead by 7% through 10 a.m. ET Monday after Bloomberg reported that the incoming Trump administration wants to enact "a federal framework for fully self-driving vehicles." CEO Elon Musk has repeatedly said that he considers artificial intelligence (AI) and autonomous driving technology the keys to Tesla's future growth. Problem is, profit margins on electric cars have fallen as early adopters have made their purchases and demand elsewhere in the market has dwindled...

Investors flocked to Tesla as President-elect Trump promised to ease regulations on autonomous vehicles...

US Equity Indexes Mixed In Midday Trading...

President-elect Donald Trump is considering eliminating the EV tax credit from Biden's Inflation Reduction Act (IRA), which currently allows purchasers of electric vehicles in 2023 and later to qualify for a tax write-off up to $7,500. Simultaneously, the incoming Trump administration is reportedly looking to push through a regulatory framework on full self-driving autonomous vehicles. Zero Emission Transportation Policy executive director Albert Gore III joins Catalysts to discuss the potential implications. "Ultimately, these policies are working to lower costs for consumers and bring jobs to the United States," Gore tells Yahoo Finance and eliminating these policies could threaten that balance. Despite the potential changes, Gore is confident that the Trump administration wants to prioritize domestic job creation: "I think we need to have a strong demand signal that sends the message all the way up through the supply chains that they need to invest in the United States." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith...

The Tesla Cybercab, a fully autonomous electric ride-hailing vehicle, will be manufactured before 2027...

Tesla shares soar as Trump's administration eyes regulatory support for self-driving vehicle technology...

Tesla stock jumped after a report said Trump's transition team is prioritizing the creation of federal framework for fully autonomous cars...

The Dow was down 72 points, or 0.2%, as some of its largest stocks by weight like Goldman Sachs and UnitedHealth Group were on the decline. The Nasdaq Composite was up 0.8%. "Traders appear to be gauging the potential impact of a new Trump administration’s policies on the economy, and the possibility that the Fed may slow down its rate-cutting campaign," writes Chris Larkin, managing director, trading and investing at E*TRADE from Morgan Stanley...

Tesla (TSLA) shares get a serious bump to the upside Monday morning as Bloomberg reports that President-elect Donald Trump's transition team could be looking to push through a regulatory framework for full self-driving vehicles. Tesla CEO Elon Musk has been a vocal supporter of Trump on the 2024 campaign trail and has been picked to co-lead a proposed Department of Government Efficiency (DOGE).  Madison Mills and Brad Smith report more on this news and what it could mean for the expanding landscape for autonomous vehicles. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan...