(Reuters) -Tesla shares rose more than 5% on Monday after Bloomberg News reported that President-elect Donald Trump's transition team was planning to set up federal regulations for autonomous vehicles. The report comes days after Trump named the automaker's CEO, Elon Musk, as a co-head of the incoming administration's government efficiency department...
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Continue ReadingShares of Tesla are jumping in premarket trading Monday on a report that President-elect Donald Trump's transition team is planning a federal framework for fully self-driving vehicles...
Continue ReadingTesla (TSLA) shares are jumping this morning after it was reported President-Elect Trump is planning to ease restrictions on self-driving vehicles. The news, reported by Bloomberg, has added to Tesla's recent surge following the election. Spirit Airlines (SAVE) has filed for bankruptcy protection. The news comes after the budget airline's merger talks with Frontier (ULCC) failed to move forward. JetBlue (JBLU) called off a planned merger with the airline earlier this year following resistance from the Justice Department. Yahoo Finance trending tickers include Nvidia (NVDA), Super Micro Computer, Inc. (SMCI), and NIO (NIO). Key guests include: 9 a.m. ET - Tom Essaye, The Sevens Report Founder and President 9:15 a.m. ET - Jessica Ramirez, Jane Hali & Associates Senior Research Analyst 10:30 a.m. ET - Isaac Boltansky, BTIG Director of Policy Research 10:40 a.m. ET - Albert Gore III, Zero Emission Transportation Policy, Executive Director 10:45 a.m. ET - Andrew Chanin, ProcureAM, Co-founder & CEO 11:15 a.m. ET - Danielle Hale, Realtor.com Chief Economist...
Continue ReadingSelf-driving rules, fierce competition, and Musk's relentless efficiency--Tesla's next big leap might just reshape the auto industry...
Continue ReadingHow Bastrop, pop. 12,000, became a magnet for a handful of Musk companies...
Continue ReadingTeslaâs market share may rise as competitors face financial constraints. See why TSLA stock is positioned for potential growth despite increased competition...
Continue ReadingWith President-elect Donald Trump taking office for his second term, a major conversation circulating this week is whether or not the commander in chief will end tax credits for electric vehicles (EVs). Will his relationship with Tesla (TSLA) CEO Elon Musk help influence his decision over these tax credits? Will the two clash over their environmental ideologies? We get into it. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman break down everything you need to know about the history of these EV credits and whether or not they could still have a future under the Trump administration. Werschkul says it’s "a real interesting question" and the Trump/Musk relationship could factor into the future of these credits. “I think there is a real case to be made that Tesla (TSLA) is fine with a fossil fuel-focused agenda including a rollback of some of the green energy credits,” Werschkul says. “Tesla is an established EV company. If the startups around him get their government funding cut off they’re in a lot of trouble. Tesla is fine. Tesla’s a company. Tesla’s not going anywhere.” Newman breaks down the history of the EV tax credits and how they started during the Obama administration. “There’s a large degree of irony here,” Newman says. “Those consumer credits really persuaded a lot of early adopters to buy a Tesla. And I think there’s a lot of people early on who bought a Tesla who would not have bought it, if not for the tax credit. So that helped Tesla become the leading electric vehicle company, and now [Tesla doesn’t] need it.” To learn more, listen to the full episode of Capitol Gains here. For more expert insight and the latest market action, click here to watch more Capitol Gains. This post was written by Lauren Pokedoff...
Continue ReadingTesla shares rise after a report says President-elect Trump will seek to set a national standard for self-driving cars...
Continue Reading(Bloomberg) -- Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles one of the Transportation Department’s priorities, according to people familiar with the matter.Most Read from BloombergThe Urban-Rural Divide Over Highway Expansion and EmissionsIf new rules enable cars without human controls, it will directly benefit Elon Musk, the Tesla Inc. chief executive officer and Trump mega-donor who’s become a...
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