Few vehicles in modern history have elicited as much consumer excitement and loathing in their first year on the market than Tesla’s Cybertruck.

The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla , according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.

Tesla finds the rules unfair because it believes it reports better data than other automakers, which makes it look like Tesla is responsible for an outsized number of crashes involving advanced driver-assistance systems, one of the sources said.

Tesla stock had an extraordinary run in the last month. Click here to find out why we continue to believe that TSLA stock is a sell.

It was revealed by the report that this succession of decline brought Tesla's "worst day" since its performance saw a massive spike after President-elect Trump won the November elections.

Non Disclosure President-elect Donald Trump doesn't want his newfound son and Tesla CEO Elon Musk to be caught up in pesky regulations and government scrutiny. According to documents obtained by Reuters,

Tesla, Inc.'s stock has surged recently after solid Q3 results and Donald Trump's re-election. Click here to read an analysis of TSLA stock now.

Tesla’s shares recovered their losses from earlier in the day to close higher on Friday. TakeAway Points: Tesla’s stock rose after recovering losses earlier today. Tesla’s stock fell 8% on Wednesday,

Billionaires like Elon Musk, Jeff Bezos and Mark Zuckerberg are among the top 10 richest people in the world in 2024.

Meta is the world’s standard bearer for open-weight AI. In a fascinating case study in corporate strategy, while rivals like OpenAI and Google have kept their frontier models closed source and charged for their use, Meta has chosen to give its state-of-the-art Llama models away for free.

President-elect Donald Trump, who takes office next month, is using Elon Musk's wealth and influence to bully Congress. Controlling the levers of government is one of the benefits Musk expects to receive after spending $275 million to help get Trump reelected.