Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk quipped on X that Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates could face ...

GM has robotaxi technology but no business. Tesla has a business but the tech doesn't work. This issue, along with ...

Cruise isn't even the first major player to bow out of the race to develop a robotaxi business. Ford ( F) ended its Argo AI self-driving venture two years ago. And Apple ( AAPL ), wavering between ...

General Motors is giving up on robotaxis eight years after taking control of Cruise in an increasingly competitive market for ...

I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...

In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

Bank of America analyst Justin Post said over the long-term, the firm still sees the potential for General Motors ( GM) AVs ...

Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.