Tesla (TSLA) stock rose close to 10% on Friday, April 25 on the heels of a significant announcement by President Donald Trump’s administration regarding self-driving car regulations. The initiative will drive the deployment of self-driving cars and ease the compliance burdens that have dampened industry development.

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Elon Musk is officially returning as Tesla CEO after a four-month hiatus during which he advised the U.S. government. Rumors suggest Tesla’s sales and brand image declined during his absence,

According to the Wall Street Journal, members of Tesla’s executive board recently explored the idea of replacing Elon Musk, a revelation that sparked the billionaire’s outrage. The report claims several executive search firms were contacted last month to identify a potential successor to Musk as CEO of the electric vehicle company.