Tesla Soars Over 5% In Overnight Trading As Trump Administration Reportedly Seeks To Ease FSD Norms

Benzinga11-19 04:00

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Tesla Inc (NASDAQ:TSLA) is trading over 5% on Robinhood’s overnight trading service after a report ...

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Investors and market analysts are considering robotaxi’s success as a major factor for the company’s valuation, while some investors remain skeptical about robotaxi’s success in regulatory approval. \nIn October, ARK Investment Management said that Tesla’s driverless ride-hailing plans could unlock $11 trillion in revenue potential, exceeding the total addressable market that ride-hailing companies Uber Technologies Inc. and LYFT Inc. are targeting.\nThe Future Fund Managing Partner Gary Black has repeatedly voiced skepticism about Tesla maintaining a monopoly in the unsupervised autonomy market, citing competition from Alphabet Inc (NASDAQ:GOOGL)(NASDAQ:GOOG)-backed Waymo, Baidu (NASDAQ:BIDU) and Mobileye Global (NASDAQ:MBLY) who has already received approval to deploy their autonomous vehicles.\nCheck It Out:\nArrived Achieved A Total Return of 34.7% On Their Biggest Sale Yet — Diversify Your Monthly Income Stream With Fractional Real Estate\nArrived allows individuals to invest in shares of rental properties for as little as $100, providing the potential for monthly rental income and long-term appreciation without the hassles of being a landlord. With over $1 million in dividends paid out last quarter and a growing selection of properties across various markets, Arrived offers an attractive alternative for investors seeking to build a diversified real estate portfolio. \nIn October 2024, Arrived sold The Centennial, achieving a total return of 34.7% (11.2% average annual returns) for investors. Arrived aims to continue delivering similar value across our portfolio through careful market selection, attentive property management, and thoughtful timing in sales.\nLooking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings.\nImage Via Shutterstock\nThis article Tesla Soars Over 5% In Overnight Trading As Trump Administration Reportedly Seeks To Ease FSD Norms originally appeared on Benzinga.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484850239"}