Top 10 AI News You Shouldn’t Miss

3. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 99

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that uses advanced artificial intelligence in its autonomous driving technology and robotics initiatives. On December 13, Reuters reported that The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla. The requirement, if dropped, would weaken the government’s ability to investigate and regulate the safety of vehicles that come with automated driving systems.

Tesla is going to benefit the most from the removal of this provision, as the company has reported more than 1,500 crashes to federal safety regulators under the program. This has led to multiple federal investigations. The recommendation to eliminate the rule came from a transition team that was responsible for producing a 100-day strategy for automotive policy. According to the team, the rule is considered a requirement for “excessive” data collection, according to a document reviewed by Reuters.