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Barchart
Barchart
Aditya Raghunath

Trump Is Giving Tesla’s Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now?

Tesla Inc. Austin Donald Trump Elon Musk

Tesla’s (TSLA) ambitious robotaxi program received a regulatory boost last week as President Donald Trump’s administration announced a streamlined approval processes for autonomous vehicles, potentially aiding the company’s June 22 launch in Austin, Texas. The timing couldn’t be better for CEO Elon Musk, who has been working to repair his relationship with Trump following their recent public disputes.

The National Highway Traffic Safety Administration has revealed that it will expedite the exemption processes for vehicles without traditional controls, such as steering wheels and brake pedals. This development directly benefits Tesla’s Cybercab platform, which lacks driver controls entirely. 

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