Do You Trust Musk to Keep Your Streets Safe?: Liam Denning

Tesla Inc.’s market cap has soared back above $1 trillion since Donald Trump won the election. This hardly is owed to Trump’s affinity for electric vehicles; rather, a pervasive vibe that anything connected with Elon Musk, Trump’s new companion, stands to benefit. The most tangible potential benefit related to Tesla concerns autonomous vehicle development. This is the main reason to invest in Tesla, according to Musk, and Bloomberg News reports that Trump already has a team working on a “federal framework for self-driving vehicles.”

In one way, what Tesla could use is less of a framework. After years of complaints, court ...