TradingKey – Following the results of the U.S. midterm elections, the Democratic Party won control of both the Senate and the House of Representatives, ending the Republican Party’s unified control of the White House and Congress. Market concerns grew that the new Congress may step up regulatory scrutiny over artificial intelligence, autonomous driving, and Elon Musk’s companies, causing Tesla (TSLA) to fall over 5% in pre-market trading on Wednesday.
Musk had previously poured large sums of money into the Republican Party and publicly endorsed several conservative candidates. With Democrats regaining control of Congress, they may step up scrutiny of autonomous driving, artificial intelligence, government contracts, and corporate…





