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,

Tesla shares rose more than 5% 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.

Stock in Tesla saw a jump after a report indicated President-elect Donald Trump may seek to relax federal regulations on self-driving vehicles.

Tesla shares surged Monday while rideshire giants Uber and Lyft tumbled following a report that the Trump adminstriation plans to ease regulations on self-driving cars.

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

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