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.
The electric vehicle market could see some big changes after the election. President-elect Donald Trump has plans to roll back many of the policies set in place by President Joe Biden, according
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.
Tesla' s stock price has been on a bit of a rally lately. The price is currently up almost 70 percent since election day, when Donald Trump became president-elect for a second time. This has boosted Tesla’s market capitalization from $807 billion up to $1.3 trillion.
It was revealed by the report that this succession of decline brought Tesla's "worst day" since its performance saw a massive spike after President-elect Trump won the November elections.
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.
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.
President-elect Donald Trump said on Sunday that he was "safe" from his tech billionaire ally Elon Musk being president since he "wasn't born in this country." Newsweek reached out to Trump's transition team via email for comment and X,
President-elect Donald Trump's cover of TIME Magazine 'Person of The Year 2024' issue is almost on newsstands. Here's where, when you can grab it.
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,