Tesla Stock Jumps 18% After US Eases Self-Driving Regulations Backing Robotaxi Plans

Tesla’s stock jumped nearly 18% last week after the US government relaxed rules for self-driving cars. The surge came as Transportation Secretary Sean Duffy announced changes that could help Tesla’s planned robotaxi service. The government’s timing couldn’t be better for Tesla CEO Elon Musk, who recently promised investors the company would launch autonomous taxis in Austin, Texas by June 2025. New Rules Clear Path for Self-Driving Cars On April 24, the National Highway Traffic Safety Administration (NHTSA) unveiled a new framework that reduces paperwork for companies developing self-driving technology. The changes include: “This Administration understands that we’re in a race … Continue reading Tesla Stock Jumps 18% After US Eases Self-Driving Regulations Backing Robotaxi Plans