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.
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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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Market Reaction | Trump's new policy boosts significant bullish sentiment for autonomous driving, Tesla rises nearly 6%, and WeRide increases over 18%.
On the news front, there are reports specifically pointing out that the Trump transition team has informed advisors that they plan to make the federal framework for fully autonomous cars one of the top priorities of the US Department of Transportation.
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The three major stock indices in the usa opened with mixed results, with Tesla soaring over 6%.
Griffin November 18th | The Dow fell 0.18%, the Nasdaq rose 0.17%, and the S&P 500 index rose 0.02%. Tesla opened up more than 6%, informed sources revealed that the Trump team expressed hope to loosen the regulations on autonomous cars in the usa.
Tesla soared more than 7%! Trump's new policies boost Musk's future vision: fully promote the autonomous driving revolution.
The Trump transition team plans to prioritize the federal framework for fully autonomous vehicles as one of the priorities of the Department of Transportation, which could directly benefit Tesla's development.
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