In a surprise move, President Trump’s transportation department has decided to keep the Biden-era rule requiring automakers and tech companies to report crashes that involve fully or partially autonomous vehicles. But they’re making a few changes that are likely to have a big impact on one company.

Rule changes announced by the Trump administration this week could allow automakers to report fewer crashes involving self-driving cars, with Tesla potentially emerging as the main beneficiary.

KEY TAKEAWAYS Tesla shares jumped Friday, extending their recent rally after CEO Elon Musk said he would spend more of his time focusing on Tesla, as the Trump administration moved to loosen rules around self-driving cars.

Musk posted a picture of himself wearing an X-branded t-shirt, instead of the "Tech Support" and "DOGE" t-shirts he has frequently been wearing since Donald Trump returned as US President. The post comes days after Tesla’s earnings call,

He's dialing down his DOGE role but Tesla needs a new hit EV and none is on the horizon. And the company’s booming battery business will suffer from Trump’s tariffs.