According to reports, President-elect Trump's administration plans to prioritize establishing a federal framework for fully autonomous vehicles as a key agenda for the U.S. Department of Transportation. If successful, the new regulations could pave the way for the deployment of driverless cars.
This initiative would directly benefit Elon Musk, CEO of Tesla (TSLA, Financial), who has heavily invested in the future of autonomous driving and artificial intelligence technologies. Tesla aims to introduce cars without steering wheels or pedals, but existing federal regulations are a significant barrier to these plans.
