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Trump said to be exploring ways to ease rules for self-driving cars

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Top stories today:

  1. Trump said to be exploring ways to ease rules for self-driving cars
  2. SpaceX share sale said to boost valuation to $255B
  3. TikTok parent ByteDance valuation reportedly rises to ~$300B
  4. OpenAI’s early emails reveal initial leadership, competition concerns
  5. Apple said to launch new AirTag in 2025 with similar looks
  6. YouTube now most popular platform for U.S. podcasts

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware the few hallucinations):

1. Trump said to be exploring ways to ease rules for self-driving cars

Tesla stock is +8% on the news, and +28% since election day:

  • Federal framework for fully self-driving cars is reportedly in consideration by the Trump team.

  • Current rules significantly restrict companies developing fully self-driving vehicles.

  • Trump’s strong relationship with Musk may help curb these restrictions.

  • Ex-Uber executive Emil Michael could get the transport secretary position to spearhead policy updates.

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3. SpaceX share sale said to boost valuation to $255B

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