GM just walked away from its robotaxi dream, bailing on its Cruise business as the price tag became too much to stomach. Between the lines: GM can't afford — the cost or the distraction — to work on a moonshot when its core business needs fixing.

General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business and a refocusing on improving driver- assistance technologies for everyday people.

The automaker cited the intense competition for self-driving cars and the steep costs associated with developing them.

From Musk's ties to Trump to a brighter outlook for sales growth, here's what investors see working in Tesla's favor heading into 2025.

Elon Musk and social media users are reacting after Tesla stock reached $420, years after the CEO's "funding secured" tweet that landed him in controversy.

Tesla’s shares increased by more than 3.7% to just below $416 as of around 1:10 p.m. EST, surpassing the stock’s all-time intraday record high of $414.50 set on Nov. 4, 2021,

Tesla aims to start its robotaxi service with a company-owned fleet backed up by human teleoperators for safety, Deutsche Bank said in a note after a meeting with the company's head of investor relations.

Tesla plans to have remote drivers for its Model 3 and Model Y robotaxis for safety and redundancy when the tech launches