General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business ...
Cruise bolting robotaxis shows all sides are finding technical, financial and regulatory demands more difficult and expensive ...
Best known as a billionaire owner of X, X.AI, SpaceX, Dogecoin, and controversial comments, Elon Musk's main wealth is from ...
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Forget fully autonomous robotaxis: the route to market for driverless technologies now looks like it could be incremental ...
Tesla Robotaxi, a revolution in autonomous transportation, promises fewer parts, lower costs, and innovative features, making ...
Uber stock is swinging this week following news that General Motors is restructuring its Cruise unit. Here's what you need to ...
Shares of Tesla, Inc. were down slightly in early trading Thursday after notching the longest winning streak since mid-July.
General Motors' move suggests that billions in funding weren't enough in a still-developing part of the industry that has met with several setbacks and scepticism from wary drivers.
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 ...
Zheng Gao, an eight-year veteran at the Elon Musk-run automaker, is departing for rival robotaxi builder Zoox, the company ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...