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General Motors Learns a Valuable Lesson With $10 Billion "Mistake"
GMGM(GM) The Motley Fool·2025-01-08 13:22

There's something investors can learn from GM's recent Cruise development.Oftentimes, when you've made a bad decision, the worst thing you can do is double down. The best approach can be cutting your losses and moving forward as well as possible. It's a hard lesson, but extremely valuable, and General Motors (GM -2.90%) is currently in the process of learning it after investing $10 billion in its Cruise autonomous vehicle program.The Detroit automaker had once vowed not to step off the accelerator of autono ...