The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla , according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.
Few vehicles in modern history have elicited as much consumer excitement and loathing in their first year on the market than Tesla’s Cybertruck.
Tesla finds the rules unfair because it believes it reports better data than other automakers, which makes it look like Tesla is responsible for an outsized number of crashes involving advanced driver-assistance systems, one of the sources said.
Non Disclosure President-elect Donald Trump doesn't want his newfound son and Tesla CEO Elon Musk to be caught up in pesky regulations and government scrutiny. According to documents obtained by Reuters,
Tesla stock had an extraordinary run in the last month. Click here to find out why we continue to believe that TSLA stock is a sell.
Experts are split on whether that overlap in public opinion is a good or bad thing for Musk’s businesses or for Trump’s politics.
Tesla, Inc.'s stock has surged recently after solid Q3 results and Donald Trump's re-election. Click here to read an analysis of TSLA stock now.
Elon Musk is the founder of Tesla Motors and SpaceX among other companies. Read about his net worth, children, ex-wives, age, home country, and more.
The best time to buy an electric vehicle may be right now. That’s because a $7,500 federal tax credit could soon disappear. President-elect Donald Trump has said
Will Musk defy gravity? He has the money, the platform, a Republican trifecta in Washington and a radically altered information ecosystem compared to would-be government shrinkers in generations past. Trump and his allies are serious about targeting the federal government, which many MAGA figures see as full of disloyalty, for radical changes.
And they’re off. In 2025, a competition to master assisted and autonomous driving will begin in earnest. Carmakers like Tesla are chasing a market that McKinsey reckons could be worth $400 billion by 2035.