Report: Tesla Could Get a Big Benefit From a Regulation-Killing Trump Administration

by Chris Teague

Published: December 16th, 2024

report tesla could get a big benefit from a regulation killing trump administration

Love him or hate him, there’s no denying that Elon Musk’s investment in Donald Trump’s candidacy for president could eventually pay off in a big way for Musk. Reuters recently reported that Trump’s transition team wants to kill a rule that requires automakers to report crash data from automated vehicle trials, a move that could significantly benefit Tesla.

Reuters reported on a document that outlines the transition team’s plans, which include a recommendation that the administration repeal the requirement around car-crash reporting. Tesla has reported most of the crashes under the requirement, to the tune of more than 1,500. The National Highway Traffic Safety Administration also has open investigations into the automaker, including some related to its crash-data reporting.

Among other things, the NHTSA uses autonomous vehicle crash data to guide recall decisions. The agency has handed out fines to companies not following the rules, such as the $1.5 million fine it gave to GM’s Cruise division for its failure in reporting a 2023 crash that involved a pedestrian.

It's important to point out that Reuters was unable to piece together Musk’s role in the document’s creation if there was any. So, while it’s awfully suspicious, the recommendation could have come at the request of another person or group, such as the Alliance for Automotive Innovation, an auto trade group that has said the rules are burdensome.

[Images: Tesla]

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Chris Teague

Chris grew up in, under, and around cars, but took the long way around to becoming an automotive writer. After a career in technology consulting and a trip through business school, Chris began writing about the automotive industry as a way to reconnect with his passion and get behind the wheel of a new car every week. He focuses on taking complex industry stories and making them digestible by any reader. Just don’t expect him to stay away from high-mileage Porsches.

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5 of 42 comments

Harlington-Straker on Dec 17, 2024
Tesla is up almost 65% since 11/5 because they are a technology leader in innovation and Musk is the Einstein of our generation. Quid Pro Jo Jo said "gm is leading the American EV revolution.." when the aren't and he deliberately ignored / investigated EM... which drove him to MAGA. Dims loathe entrepreneurs as they don't need worthless bureaucrats, they just need them out of the way. Buckle your seatbelts, the nation is about to experience tremendous growth and prosperity. Guys like QPJ, BClintStone, Barry Soetoro, Kackler... could never make it in the real world... so glad the adults are back incharge...

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- MaintenanceCosts on Dec 17, 2024
  "Musk is the Einstein of our generation."LOL. His greatest ambition is to copy WeChat so he can steal money from people. He did manage to hire a good COO at SpaceX, who hired some actual rocket scientists. Maybe he could talk to them if he wanted to innovate on something.
  
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- Jeff on Dec 17, 2024
  BYD is outselling Tesla in the global market and has much more advanced EVs than Tesla. Tesla is protected by the 100% tariffs on Chinese EVs in the US. Tesla is not the technology leader on EVs in the global market.
  
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- MrIcky on Dec 18, 2024
  Not the Einstein, the Edison. You are mixing your metaphors.
  
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Jeff on Dec 17, 2024
Those Trump tariffs will help lift the country into prosperity. Those are the same tariffs that Trump said that China, Mexico, and Canada will pay but will not be passed onto the final consumer? Trump has declared bankruptcy 6 times and had 3 casinos go bankrupt.

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