Group 1: General Motors - General Motors Co. is considering Sterling Anderson, its current Chief Product Officer and former Tesla Autopilot executive, as a potential successor to CEO Mary Barra [2] - Anderson's focus would be on enhancing hardware and software integration for GM's vehicles [2] Group 2: Tesla - Tesla's Full Self-Driving (FSD) system received positive feedback from South Korean lawmaker Lee So-young, who praised it as a game-changer [3] - The FSD system recently launched in South Korea, and there are plans for a European rollout [3] Group 3: Waymo - Alphabet Inc.'s autonomous driving unit, Waymo, is in discussions for a funding round that could exceed $10 billion, potentially valuing the company at $100 billion or more [5] Group 4: Ford - Ford Motor Company is reportedly shifting its focus away from electric vehicles (EVs) due to lower-than-expected demand [6] - RBC Capital Markets analyst Tom Narayan maintained a Sector Perform rating on Ford, commending the company's strategic restructuring [6] Group 5: Air Taxi Strategy - The Trump administration's strategy to initiate air taxi operations in the U.S. was unveiled by Transportation Secretary Sean Duffy, emphasizing the emergence of eVTOL aircraft and drones [4] - The strategy aims to position the U.S. as a leader in aviation and to compete with China [4]
Weekend Round-Up: GM's CEO Succession, Tesla's FSD Boost, Trump's Air Taxi Strategy Waymo's Funding Round And Ford's EV Pivot