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Top stories today:
- Trump said to be exploring ways to ease rules for self-driving cars
- SpaceX share sale said to boost valuation to $255B
- TikTok parent ByteDance valuation reportedly rises to ~$300B
- OpenAI’s early emails reveal initial leadership, competition concerns
- Apple said to launch new AirTag in 2025 with similar looks
- 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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