Tesla Inc shares jumped over 7% in premarket trading Monday after reports from Bloomberg highlighted the Trump administration's plans to prioritize a federal framework for self-driving vehicles. The initiative is expected to benefit Tesla, which is at the forefront of autonomous driving innovation. Wedbush analysts, led by Daniel Ives, called the move a “major tailwind” for Tesla, projecting it could ease regulations that currently restrict fully autonomous vehicles. Tesla shares have surged 28% since Trump's election victory.