Automakers — and aspiring automakers — are seeking permission to put more experimental self-driving cars on the road to speed their development.
The companies want Congress to expand a cap on how many cars can be deployed under waivers from safety regulators, according to testimony from the Alliance of Automobile Manufacturers at a Senate hearing Wednesday. See: Automakers want to test more self-driving cars on the roads.
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Cory’s Chart Corner
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The Kobeissi Letter @KobeissiLetterBREAKING: US margin debt jumped by +$112 billion in May, to a record $1.42 trillion.
This marks the 2nd consecutive monthly increase, totaling +$195 billion.
Margin debt has surged +$495 billion, or +54%, over the last 12 months.
Adjusted for inflation, this metric rose +7.9%_________________________
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