US to loosen rules on Tesla, other carmakers taking on China in race for self-driving cars

Tesla jumps 10% as US loosens rules on carmakers

Tesla Inc. stock jumped more than 10% on Friday following the US Transportation Department's announcement to relax certain regulations, enabling American car manufacturers to accelerate their autonomo...

Revving Up: U.S. Accelerates Autonomous Vehicle Deployment

Revving Up: U.S. Accelerates Autonomous Vehicle Deployment The Trump administration has unveiled new regulations aimed at accelerating the deployment of self-driving vehicles, a move that saw Tesla's shares soar nearly 10% on Friday. Elon Musk, Tesla's CEO and a close adviser to President Donald Trump, has been vocal about launching commercial robotaxi services imminently.U.S. Transportation Secretary Sean Duffy announced that the new rules woul…

Tesla up more than 9% after Trump administration relaxes self-driving regulations

The stock was trading up nearly 10% Friday after the announcement Thursday....

Companies will have to document less in the future, especially with regard to accidents

U.S. loosens safety rules for self-driving cars in a bid to compete with China

The Trump administration is loosening rules to help U.S. automakers like Elon Musk’s Tesla develop self-driving cars so they can take on Chinese rivals. U.S. companies developing self-driving cars will be allowed exemptions from certain federal safety rules for testing purposes, the Transportation Department said Thursday. The department also said it will streamline crash reporting requirements involving self-driving software that Musk has criti…

Tesla Stock Jumps, Extending Gains as US Loosens Self-Driving Car Rules

Tesla shares jumped Friday, extending their recent rally after CEO Elon Musk said he would spend more of his time focusing on Tesla, as the Trump administration moved to loosen rules around self-driving cars.