Tesla Stock Lifts on US Federal Autonomous Vehicle…
From Morningstar: 2025-04-29 03:48:00
The US Department of Transportation announced plans to create a federal regulatory framework for autonomous vehicles (AVs), aiming to replace state-based regulations. Tesla shares rose 10% on the news, with Morningstar maintaining a $250 per share fair value estimate. The framework is expected to accelerate AV adoption in the ride-hailing market and increase robotaxi usage by 2035.
Read more at Morningstar: Tesla Stock Lifts on US Federal Autonomous Vehicle…