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Trump administration plans to loosen rules for self-driving cars, exempt them from windshield wipers

The National Highway Traffic Safety Administration (NHTSA) said Thursday it’s planning to propose three new rules that will make it easier for self-driving car companies to develop their vehicles more cheaply. Those include getting rid of requirements that were mandatory for human drivers, including gearshift sticks, windshield defrosting and defogging systems, and some lighting equipment.

“Federal Motor Vehicle Safety Standards were written for vehicles with human drivers and need to be updated for autonomous vehicles. Removing these requirements will reduce costs and enhance safety,” NHTSA Chief Counsel Peter Simshauser said in a statement.

Earlier this year, the NHTSA announced it was loosening other rules around autonomous cars, including exempting them from certain federal safety rules for research and demonstration purposes. This time around, however, stocks like Tesla, which is banking on autonomous driving as part of the future of the company, aren’t moving as much on the news.

“Federal Motor Vehicle Safety Standards were written for vehicles with human drivers and need to be updated for autonomous vehicles. Removing these requirements will reduce costs and enhance safety,” NHTSA Chief Counsel Peter Simshauser said in a statement.

Earlier this year, the NHTSA announced it was loosening other rules around autonomous cars, including exempting them from certain federal safety rules for research and demonstration purposes. This time around, however, stocks like Tesla, which is banking on autonomous driving as part of the future of the company, aren’t moving as much on the news.

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Meta posts record revenue but misses on earnings

The company reported earnings Wednesday.

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Intel romps amid reported attempt to poach a 21-year Taiwan Semiconductor veteran

A report in the Taiwanese press that Intel is attempting to recruit a recently retired top Taiwan Semiconductor executive, Wei-Jen Lo, to lead R&D at Intel’s troubled foundry division may account for the bump in Intel shares Tuesday, one analyst told us.

A synopsis of the report from technology analysis and news outlet TrendForce News notes:

“If confirmed, the move could have significant implications for TSMC and the broader Taiwanese semiconductor industry, especially as Intel aggressively expands its foundry business with support from Washington and backing from tech giants like NVIDIA and SoftBank, the report adds.”

But some skepticism about Lo, 75 years old, returning to Intel, where he worked before joining TSMC in 2004, is also warranted, TrendForce says:

“Industry insiders cited by the report say it is unlikely he would join Intel again, given TSMC’s non-compete rules, Intel’s status as a direct competitor, Lo’s advanced age, health considerations, and his long-standing loyalty to TSMC founder Morris Chang. On the other hand, some industry observers warn that Lo, a U.S. citizen, would be difficult for TSMC to restrict, even with non-compete clauses.”

Intel shares have doubled over the last three months, since the US government took a 10% stake in the company in August. Intel is the best-performing stock in the S&P 500 over that period.

“If confirmed, the move could have significant implications for TSMC and the broader Taiwanese semiconductor industry, especially as Intel aggressively expands its foundry business with support from Washington and backing from tech giants like NVIDIA and SoftBank, the report adds.”

But some skepticism about Lo, 75 years old, returning to Intel, where he worked before joining TSMC in 2004, is also warranted, TrendForce says:

“Industry insiders cited by the report say it is unlikely he would join Intel again, given TSMC’s non-compete rules, Intel’s status as a direct competitor, Lo’s advanced age, health considerations, and his long-standing loyalty to TSMC founder Morris Chang. On the other hand, some industry observers warn that Lo, a U.S. citizen, would be difficult for TSMC to restrict, even with non-compete clauses.”

Intel shares have doubled over the last three months, since the US government took a 10% stake in the company in August. Intel is the best-performing stock in the S&P 500 over that period.

Sunny blue sky with large storm clouds in spring.

This earnings season, all eyes are on cloud revenue growth

AI computing demand is generating huge revenue streams for hyperscalers, but the market is closely watching the pace of growth, which is slowing.

Jon Keegan10/28/25

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