The Trump transition team has recommended that the incoming government abolish the current general order requiring Auto Manufacturers to report accidents related to autonomous driving systems. The cancellation of this requirement will be Bullish for Tesla; under this order, Tesla has reported over 1,500 accidents to the USA National Highway Traffic Safety Administration, the highest number. The recommendation to abolish this regulation comes from a transition team responsible for developing a hundred-day Global Strategy for auto policy. The team claims this order enforces 'excessive' data collection. After the news was released, Tesla's stock price rose by 3.23% to $431.6, setting a new intraday high.