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Tesla stock jumps 8% on Trump administration plan to relax self-driving car rules

  • Tesla stock surged as much as 8% after a report said President-elect Donald Trump plans to ease self-driving car regulations.
  • The incoming Trump administration is aiming to prioritize a federal framework for autonomous vehicles.
  • Tesla's shares have surged 37% since Donald Trump's election win earlier this month.
  • Relaxing autonomous driving regulations would benefit Tesla, as it plans to launch fully autonomous electric vehicles in the coming years.

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