Tesla Shares Jump 9% to $348 After Trump's Team Prioritizes Self-Driving Regulations

Nov 18, 2024, 12:31 PM

Tesla's stock surged in pre-market trading, rising as much as 9% to $348 per share, following a Bloomberg report that President Trump's team is prioritizing federal regulations for self-driving vehicles. This potential regulatory support has investors bullish on Tesla's prospects, with some predicting the stock could reach $400 this week. The jump comes after a significant 28.9% surge in Tesla's stock last week, and shares increased by $28 overnight, opening higher by 6.2%.