Tesla (TSLA) shares are gaining after a Bloomberg report said that President-elect Donald Trump's transition team could be looking to push through a regulatory framework for full self-driving vehicles. Tesla CEO Elon Musk has been a vocal supporter of Trump on the 2024 campaign trail and has been picked to co-lead a proposed Department of Government Efficiency (DOGE).

Yahoo Finance’s Autos Reporter Pras Subramanian joins Market Domination Hosts Julie Hyman and Josh Lipton to break down the news that is sending the EV pioneer’s stock higher and what it means for the autonomous vehicle space.

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This post was written by Luke Carberry Mogan and updated by Naomi Buchanan.