Overview

• The U.S. Department of Transportation unveiled a new Automated Vehicle Framework to reduce regulatory barriers and support autonomous vehicle innovation.
• Crash reporting requirements have been streamlined, exempting Level 2 systems like Tesla’s Autopilot from non-fatal incident reporting.
• The Automated Vehicle Exemption Program was expanded to include domestically produced vehicles, allowing more flexibility in testing non-compliant designs.
• Transportation Secretary Sean Duffy emphasized the changes as part of efforts to compete with China in autonomous technology development.
• Tesla shares surged following the announcement, as the company stands to benefit significantly from the reduced reporting obligations and expanded exemptions.