On Friday, Tesla Incorporated stocks surged as the transition team of President Donald Trump eyes national self-driving rules.
The company’s stock price ascended by 3.07% to $320.72 per share on November 15’s Asian afternoon trading. In addition, it is expected to remain the same in the after-hours session.
More specifically, Tesla recorded an upward trend after the group of Trump expressed a desire to create a federal framework for self-driving vehicles. Prior to this, the corporation’s founder constantly advocated for these particular regulations, which would benefit the carmaker.
As of now, only Texas and Florida impose no restrictions on autonomous driving initiatives. Conversely, most areas in the United States require approval on a state-by-state basis.
Nonetheless, the National Highway Traffic Safety Administration (NHTSA) could establish rules to facilitate the adoption of fully self-driving automobiles. At the same time, the latest news emphasizes that a legislative motion from Congress would be even more vital.
For this reason, policymakers are sought after by the team of Trump for the development of a regulation framework.
On the other hand, Tesla counted rules out as the current obstacle for launching robotaxis. The automotive company stressed that its Full Self-Driving system is considered a Level 2 driver-assist design.
V4 Cabinet for EVs Announced by Tesla
Based on reports, Tesla introduced the all-new V4 Cabinet designed for its different electric vehicle (EV) lineups.
It is a faster iteration of the manufacturer’s Supercharger, generating about 500 kilowatts (kW) for cars. Also, the latest fast-charging station can deliver up to 1.20 megawatts (MW) for the Semi truck.
Additionally, Tesla showed that the V4 Cabinet holds 30.00% faster charging for the Cybertruck. Meanwhile, 250kW charge rates can still be acquired by S3XY vehicles, retaining the same output from the V3.
Furthermore, the EV maker stated that there is a lower footprint and complexity, suggesting more Supercharger sites to come online.
