Tesla (TSLA) is soaring in anticipation that Trump’s administration will make an easier path for Tesla’s self-driving tech, which

Tesla (TSLA) stock is jumping on Monday as more news rolls in indicating that CEO Elon Musk’s bet on President-elect Donald Trump is paying off. 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,

Nov 18 (Reuters) - Tesla (TSLA.O), opens new tab shares rose nearly 7% in trading before the bell on Monday after Bloomberg News reported that President-elect Donald Trump's transition team was planning to set up federal regulations for autonomous vehicles.

Shares of Tesla are jumping in premarket trading Monday on a report that President-elect Donald Trump's transition team is planning a federal framework for fully self-driving vehicles.

Existing federal rules are strict about car manufacturers' ability to sell large quantities of vehicles without steering wheels or pedals.

Elon Musk at work? Despite a campaign pledge to 'stop [autonomous cars] from operating on American roads,' Team Trump is now pushing for Congress to facilitate their adoption.

Tesla stock jumped after a report said Trump's transition team is prioritizing the creation of federal framework for fully autonomous cars.

Tesla stock rocketed on Monday on a report President-elect Donald Trump’s team will make rules for self-driving cars a priority.