Trump team Is seeking to ease US rules for self-driving cars

The anticipated changes in regulations for self-driving cars are likely to favor Tesla, which revolves its future on autonomous driving technology. A potential easing of rules would provide Tesla more operational flexibility and boost its competitive edge in the market, likely maintaining its bullish momentum. Conversely, traditional ride-sharing platforms like Uber and Lyft may face additional competitive pressures, causing potential declines in their stock values due to fears of increased competition from Musk's planned robotaxi service.

Uber and Lyft are positioned to face challenges due to Tesla's potential expansion into the autonomous vehicle market. The federal easing of rules could allow Tesla to launch a fleet of driverless cars, which would directly compete with the ride-hailing services provided by Uber and Lyft. This competitive threat is likely to invoke negative market sentiment towards their stocks in the near term.

Similar to Uber, Lyft's stock may also suffer due to competitive risks posed by Tesla's robotaxi initiatives as it tries to carve out a niche in the autonomous driving space. The market response to the news of regulatory easing may further pressure Lyft's stock, particularly in a scenario where investors reassess the ride-hailing business in the face of such competition.