General Motors (GM.N) announced that it will end robotaxi development at its majority-owned, money-losing Cruise business, a ...

General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.

Competition from Waymo and Amazon, coupled with operational challenges, led to GM's decision to drop Cruise. Read more on the ...

Best known as a billionaire owner of X, X.AI, SpaceX, Dogecoin, and controversial comments, Elon Musk's main wealth is from Tesla.

General Motors is planning to close down Cruise , its autonomous ... Consistent with GM's capital allocation priorities, GM ...

It’s possible the automaker’s throttling back on its robotaxi endeavor will come to be seen as a missed opportunity. But it’s definitely a sign self-driving electrified vehicles are a more complex, ...

Here are some of the major companies whose stocks moved on the week’s news.

Removing the crash-disclosure provision would particularly benefit Tesla, which has reported most of the crashes.

Elon Musk’s choice of Warner Bros Studios for the long-anticipated launch of his robotaxi on October 10th was entirely ...

GM is winding down its Cruise robotaxi division due to high costs and regulatory challenges, marking a significant shift in ...

In one example, NHTSA fined Cruise, the self-driving startup owned by General Motors , $1.5 million in September for ... GM ...