
move would obviously be a good thing for Tesla. The company has had to report more than 1,500 crashes to NHTSA involving its FSD (Full Self-Driving) and Autopilot software, Reuters said.
Last month, Bloomberg News reported Trump’s transition team has told advisers it plans to make a “federal framework” for full self-driving (FSD) or autonomous vehicles one of the Transportation Department’s priorities, according to people familiar with the matter.
Easing rules for the introduction of self-driving vehicles, especially those without pedals or steering wheels, would be a huge boon for Tesla. Musk has repeatedly said that the future of the company hinges on FSD and autonomous technologies.
Earlier this month, Edison Yu of Deutsche Bank, John Murphy of Bank of America, and Adam Jonas at Morgan Stanley upped their price targets for Tesla as the shares rallied.
Tesla stock is now up a whopping 75% since Election Day.
2025 (it stands at around $1.5 trillion now) as Tesla’s “autonomous vision starts to take shape,” along with “very solid Tesla delivery demand” from China adding to the gains.
Ives also sees Musk having a hand in China tariff discussions, with the possibility of tariff “carve outs” given to Tesla.
Such carve-outs would allow Tesla to export China-made EVs to the US with reduced or even no tariffs imposed. Tesla is presumably able to produce EVs more cheaply in China, though the company has not revealed how much better its margins and costs are for building vehicles on the mainland.
Pras Subramanian is a reporter for Yahoo Finance. You can follow him on X and on Instagram
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