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Tesla Stock Is Rising. The Trump Administration Is Helping With Robotaxis. -- Barrons.com

Tesla stock was rising in early trading Friday after the Federal Government moved a step closer to putting more self-driving cars on U.S. roads.Shares of the electric-vehicle maker were up 0.3% to $260.26 in premarket trading, while S&P 500 and Dow Jones Industrial Average futures were down 0.2% and 0.4%, respectively.Transportation Secretary Sean Duffy announced a new framework for self-driving cars Thursday afternoon, prioritizing safety, unleashing innovation, and enabling commercial deployment."This Administration understands that we're in a race with China to out-innovate, and the stakes couldn't be higher," said Duffy in a news release. "As part of DOT's innovation agenda, our new framework will slash red tape and move us closer to a single national standard that spurs innovation and prioritizes safety.". It's good news for Tesla, which has bet big on self-driving technology. "I mean, if somebody doesn't believe Tesla's going to solve autonomy, I think they should not be an inves
Tesla Stock Is Rising. The Trump Administration Is Helping With Robotaxis. -- Barrons.com

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