GM announced it will no longer continue to fund its loss making Cruise subsidiary, effectively ending its RoboTaxi ambition. Market reaction? Nothing. Hmm...What can we learn from that?
What is covered in the Full Insight:
Introduction to Cruise closure
Background on GM and Cruise
Reasons for GM's decision
Market reaction and financial implications
Lessons learned and closing thoughts
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.