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 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.
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.
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,
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.
The best time to buy an electric vehicle may be right now. That's because a $7,500 federal tax credit could soon disappear.
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.
Impact Link President-elect Donald Trump has long been associated with ... may mirror the one he takes at his companies, including Tesla, SpaceX, and xAI, which has made him very rich.
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.