Tesla (NASDAQ:TSLA) bulls don’t dwell on the challenges facing its auto business. Instead, they see the company’s real value ...

General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...

Marc Whitten, a longtime tech executive with roots in the Seattle region, has joined Meta to lead a new team working on ...

General Motors (GM) is set to close its plant in the northeastern of Shenyang, China as part of wider restructuring efforts ...

Uber CEO Dara Khosrowshahi suggests a potential collaboration between Uber and Tesla in the burgeoning field of autonomous ...

We recently compiled a list of the 12 Best Automotive Stocks to Invest in According to Analysts. In this article, we are ...

What Actually Happened At Tesla's Robo Taxi Reveal!

General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the loss-making unit, which had once been a top priority. GM said too much ...

Ford and GM have given up on robotaxis over cost and profitability concerns, the CEO of autonomous driving company May Mobility told BI.

GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...

The move to gut the staff punctuates GM’s rapid retreat from the robotaxi business and strategic shift on self-driving cars. As recently as late 2024, the company had been planning to take the ...