Autonomy has been a part of Tesla’s vision for a long time, with its recent focus on robotaxis doubling down on the market.
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But data aside, many have cast doubt on the company’s plan for autonomous ridesharing.
General Motors shares tumbled after the company said its driverless taxi division, Cruise, will suspend production of the Origin robotaxi.
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.