Will Musk benefit directly? The Trump administration is reportedly planning to relax regulations on autonomous autos.
According to media reports citing informed sources, members of usa President Donald Trump's transition team told advisers that they plan to prioritize the federal legal framework for fully autonomous cars at the Department of Transportation; This indicates that the Trump administration intends to relax regulations on autonomous cars; This will directly benefit Tesla CEO, and Trump supporter, Elon Musk.
Trump Team Said to Want to Ease US Rules for Self-Driving Cars
US Manufacturing Index Rises To 43, Highest Since 2020
Trump's termination of electric car subsidies is actually a "big bullish" for Tesla!
In the usa, directly purchasing Tesla autos does not qualify for the full subsidy, and canceling the subsidy will bring greater losses to Tesla's competitors.
Take Advantage of These Clean Energy Tax Credits Before Trump Takes Office
Several auto manufacturers in the usa have seen a sharp decline in stock prices! Trump plans to eliminate the consumer tax credit for electric vehicles.
Trump plans to cancel the $7,500 tax credit for electric autos consumers.
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