<div id="readability-page-1"><div>The past week has been a rollercoaster ride for the autonomous driving and electric vehicle (EV) sectors. From President Trump’s change of heart on autonomous vehicles to Jeff Bezos-backed EV startups making waves, the industry has seen significant developments. Let’s dive into the top stories of the week.Trump’s Change of Heart on Autonomous VehiclesThe autonomous driving sector has seen a surge in optimism following the National Highway Traffic Safety Administration’s updated regulations that could simplify testing and regulation. This comes as a surprise given President Donald Trump’s previous opposition to autonomous vehicles. The President once stated he would keep autonomous vehicles “from operating on American roads”.Read the full article here.Bezos vs. Tesla vs. RivianBothRivian Automotive RIVNandTesla Inc. TSLAare set to release more affordable EVs, a move that could help them fend off competition from a new EV startup backed by Amazon.com founder Jeff Bezos. Michigan-based startup Slate Auto has been showcasing concept versions of its electric pickup truck and recently held an event to share more details about the company’s future.Read the full article here.See Also:Trump Says US Doesn’t Need Canadian Cars — Hints Tariffs Could Rise: ‘We Don’t Want Your Cars, With All Due Respect’Pony.ai and Tencent’s Robotaxi PartnershipChinese autonomous driving companyPony AI Inc. PONYannounced plans to develop autonomous driving technology in partnership withTencent Holding TCEHY. The deal will include cooperation in cloud services, map data, information security, and intelligent cockpit ecosystems.Read the full article here.Bezos-Backed Tesla Rival Unveils $20,000 Modular EV Pickup TruckSlate Auto, an EV manufacturer backed by Amazon.com Inc. founder Jeff Bezos, unveiled its modular EV pickup truck. The two-seater EV pickup truck features a retro design that is reminiscent of models from manufacturers likeFord Motor Co. F.Read the full article here.Tesla Rolls Out Free FSD Transfers Amid Poor SalesTeslahas rolled out a range of promotions for customers in the U.S. on all of its models in an attempt to boost declining sales figures. The promotions include FSD transfers on all new Model 3, Model Y, Model S, Model X, and the Cybertruck orders free of charge.Read the full article here.Read Next:<ul><li>Jeff Bezos-Backed Tesla Rival Unveils $20,000 Modular EV Pickup Truck With Customization At The Forefront</li></ul>Photo courtesy: ShutterstockThis story was generated using Benzinga Neuro and edited by Rounak Jain</div></div>

RIVN

TSLA

This week in the mobility sector saw significant developments, including President Trump's surprising support for autonomous vehicles following new regulations. Rivian and Tesla are set to launch affordable EVs to compete with Bezos-backed Slate Auto, which unveiled a $20,000 modular pickup truck. Additionally, Pony.ai partnered with Tencent to enhance autonomous driving technology. Tesla is also implementing promotions to counter declining sales, offering free FSD transfers on new vehicle orders.

- The autonomous driving and electric vehicle sectors experienced significant developments, including President Trump's shift in stance on autonomous vehicles and new competition from Bezos-backed startups.  
- The National Highway Traffic Safety Administration's updated regulations have increased optimism in the autonomous driving sector, while Rivian and Tesla prepare to launch more affordable EVs to compete with Slate Auto.  
- Additionally, Pony.ai and Tencent are collaborating on autonomous technology, and Tesla is implementing promotions to address declining sales.

Trump's Autonomous Vehicles Stance, Bezos Vs. Tesla, And More: This Week In Mobility