GM quits 'robotaxi' business but others push on
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in San Francisco as well as paying a $1.5 million dollar fine, General Motors ...
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GM Pulls the Plug on Cruise Robotaxi Business
While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...
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Lyft Stock Drops on GM Robotaxi News: Key Support Levels Hold, But Risks Loom
Shares of Lyft should find more support from the stock’s 200-day moving average currently at $14.78, but that support will ...
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GM shutters Cruise robotaxi project
General Motors is shutting down its Cruise robotaxi project, citing intense competition for self-driving cars and the steep ...
Microsoft sees $800M charge from GM no longer funding robotaxi
EST Microsoft (MSFT) sees $800M charge from GM no longer funding robotaxiPick the best stocks and maximize your portfolio:Discover ...
Alphabet's stock having best 2-day run in a decade as the good news keeps coming
And after running up 5.6% on Tuesday, the stock has soared 10% in two sessions. That would be the best two-day performance since it rocketed 15.1% over the two days that ended July 20, 2015. The stock ...
Should Tesla Buy Cruise, And Other Strange Wonderings
GM has robotaxi technology but no business. Tesla has a business but the tech doesn't work. This issue, along with ...
Wall Street mostly upbeat on GM's decision to pull the plug on Cruise
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
Uber And Lyft Shares Are Falling Wednesday: What's Going On?
Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT) shares are trading lower Wednesday following the General ...
General Motors Says It’s Pulling Cruise Out of the Robotaxi Business
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...