Tesla Gets A Boost As GM's Cruise Crashes
Xiaolu Chu Tesla (NASDAQ:TSLA) has been given a big boost in recent months which has been ignored by Wall Street. Another major player in the self-driving industry has faced a barrage of safety concerns and will likely scale down its ambitions. GM's (GM) Cruise had received approval in August to start its round-the-clock robotaxi service in San Francisco. After a pedestrian accident and a few other issues, the company has decided to withdraw all 950 robotaxis nationwide. GM lost more than $3 billion on Crui ...