Tesla shares rise; NHTSA to ease some safety rules for self-driving vehicles
ReutersApr 27, 2025 12:44 AM
Shares of Tesla TSLA.O rise 10% to $285.20
U.S. National Highway Traffic Safety Administration to exempt some self-driving vehicles from safety requirements
NHTSA will also streamline the reporting of safety incidents for advanced driver assistance and self-driving systems
New framework to boost autonomous vehicles would help U.S. automakers compete with Chinese rivals, U.S. Transportation Secretary Sean Duffy said on Thursday
Announcement comes as Tesla CEO Elon Musk, a close Trump adviser, has repeatedly pledged to launch commercial robotaxi operations soon
TSLA posted Q1 revenue of $19.34 billion on Tuesday, compared with estimates of $21.11 billion, according to data compiled by LSEG
TSLA down 35.7% YTD
Reviewed byJane Zhang
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