Musk’s Tesla lifts because Trump cut the red tape on self-driving car rules to compete with China

Regulatory obstacles for Trump administration Self-driving cars to give US AutomkersIncludes TeslaA competitive edge in the global race for vehicle automation. The US Transport Department on Thursday announced that car manufacturers can now apply for exemption from some federal safety rules, provided that self-driving vehicles are used for research, performances or other non-commercial purposes.
Transport Secretary Sean Dafi implicated the decision as a strategic step. “We are in a race with China, and the bets may not be too much,” he said in a statement. “Our new structure will slash red tape and take us closer to the same national standard.” Currently, the self-driving industry in the US is navigating a patchwork of state-level regulations, which is a concern for manufacturers for a long time.
The new rule also addresses crash reporting, a topic Tesla CEO Elon Musk has openly criticized. Currently, Tesla is responsible for reporting a large number of self-driving crash due to its leadership in partial automation. Musk had earlier called the system inappropriate and very cumbersome. Under the revised policy, the federal government will hold Accident reporting requirements In place, but it will remove “unnecessary and duplicate” processes.
Musk told investors that Tesla’s self-driving taxi service would start working in Austin this June. Although it is still not clear how Tesla will directly benefit from the rules of rest, the step indicates a comprehensive effort by the Trump administration that supports American technical firms amid growing pressure from Chinese companies such as BAD.
Security advocates warned that the Trump administration could completely abolish crash reporting, but Thursday’s announcement confirmed that it would be in a simple form.

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