Tesla Stock Is Rising. The Trump Administration Is Helping With Robotaxis. - Barron's
1. Tesla stock rises 3.5% after favorable government self-driving car framework announcement. 2. New regulatory framework prioritizes safety and innovation for self-driving technology. 3. Transportation Secretary emphasizes competition with China in self-driving developments. 4. Tesla plans to launch robotaxi service in Austin by June 2024. 5. Market trends are positive with broader indices also experiencing gains.