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GM, Cruise and Robotaxi
GM Axes Half of Cruise as It Ditches Robotaxi Business
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s Super Cruise system, which it has installed in many of its newer models. GM’s shift to Super Cruise is two-fold: First and foremost,
GM cuts 50% of Cruise staff after ending robotaxi business
General Motors is laying off roughly half its employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after spending more than $10 billion on the robotaxi unit since acquiring it in 2016.
GM’s Cruise to Cut 1,000 Jobs as Robotaxi Service Shuts Down
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan to halt robotaxi service and absorb the operations into its broader business.
11h
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
2d
How Tesla Robotaxi Will Work, According To Elon Musk: ‘Kind Of Like Airbnb’
Elon Musk had a lot to say about Tesla’s upcoming Robotaxi service on Wednesday. Robotaxi will be coming to Austin and other ...
9h
on MSN
Musk says Tesla unsupervised robotaxi is coming this June
Tesla CEO Elon Musk announced that a fully autonomous taxi service will debut in Austin, Texas, this June, ensuring people ...
2h
Robotaxi company Cruise: half of the employees have to go
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...
eWeek
13h
Investors Say “Never Bet Against Musk” as Tesla Announces The Rise of Robotaxi
Tesla shares its earnings, revealing a 2.2% drop in deliveries. Find out what this means for revenues and future growth in ...
20h
Tesla Will Need To Prove The Viability Of Its Robotaxi Program In June
Tesla, Inc. has multiple catalysts coming up that can drive the share price. Read more to see my recommendation for TSLA ...
5d
After robotaxi failure, GM software bet turns to driver assistance
General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to ...
14h
Uber's Q4 Earnings Are On Deck. Can The Stock Get Back In The Fast Lane Amid The Robotaxi Debate?
Uber stock is off to a strong start in 2025 after a down year. The ride-hail firm reports Q4 results early Wednesday.
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Related topics
Tesla
Elon Musk
Cruise
Austin
GM
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