Shares of electric-vehicle giant Tesla (TSLA) surged 6% this morning on news that the incoming Trump administration could ease regulations on self-driving cars – also known as autonomous vehicles (AV).
Individual states are currently responsible for setting their own rules regarding AVs. However, the National Highway Traffic Safety Administration (NHTSA) could create a national framework for self-driving vehicles down the road.
As AVs become more popular and widespread, I believe we’ll need some sort of national plan eventually.
But that’s what makes this news regarding the Trump administration a big step in the right direction…
AVs get closer to becoming a reality each day. So in today’s video update, I highlight a few of the potential winners in this space as it continues to heat up.
Here’s to the future,
Matt McCallEditor, Market Insights
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