Bloomberg: It is reported that the Trump administration prioritizes advancing regulations for autonomous driving, with Tesla potentially being the biggest winner.
The transition team of usa elected president Donald Trump plans to make the federal framework for fully autonomous autos a priority for the Department of Transportation.
Express News | Tesla Shares Extend Gains, Last up 7.9%
U.S. stock market morning session | Tesla surged more than 8%, with a market cap exceeding $1.1 trillion; Xiaomi ADR soared 5% after earnings, with Q3 revenue reaching a record high of $92.5 billion.
On the evening of October 18th, Beijing time, the market this week is focused on the earnings reports of several important companies including nvidia, as well as the Federal Reserve's interest rate cut policy and the outlook for the US stock market after the elections.
U.S. stock market anomaly | Tesla surges by 8%, Trump team may relax self-driving car regulations.
On November 18, according to Gelonghui, Tesla's (TSLA.US) stock rose by 8%. Sources revealed that usa's elected president Donald Trump's transition team plans to prioritize a federal framework for fully autonomous autos as a key initiative of the Department of Transportation. This move would directly benefit Tesla's CEO Elon Musk, who has bet the future of Tesla on autonomous driving technology and ai, and has become an important figure in Trump's inner circle. (Gelonghui)
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