Tesla Soars as White House Invests in Robotics Industry

Following a push from the Trump administration, Tesla’s stock has experienced a notable increase. The initiative aims to bolster the robotics sector within the US, with support from the Commerce Department and potential executive orders next year. This positive market reaction is reflected in other robotics companies like Serve Robotics and Richtech Robotics, which have also seen significant gains. The White House’s focus on advanced manufacturing signals a broader strategic shift towards technology advancement, including the AI sector.