Trump Approves U.S. Production of Low-Cost 'Tiny Cars' Priced $8K-$13K
President Trump announced approval for U.S. manufacturing of low-cost "tiny cars," priced roughly $8K-$13K and expected to include both ICE and EV models, with production to follow DOT safety testing and guidance, Cantor Fitzgerald analyst Andres Sheppard tells investors in a research note. The administration is also considering an executive order to boost the domestic robotics sector, which could accelerate U.S. deployment of autonomous delivery robots and humanoids and benefit companies such as Tesla(TSLA), Ouster (OUST), and Serve Robotics (SERV), the firm says.
