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.
The startup raised $30 million from Booz Allen Hamilton Ventures, NordicNinja and others.
The controversial enforcement actions have been called a “cash cow” by Commissioner Hester Peirce.
Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.