Implications of Cruise's Self-Driving Business Shutdown for Tesla and Waymo

Reported 2 days ago

Cruise, GM's autonomous taxi service, has ceased operations, highlighting the challenges in the self-driving sector as it struggles to remain viable. While its exit may benefit Tesla and Waymo by reducing competition, it raises concerns about the sustainability of autonomous ventures, as established companies like Ford and Apple have already exited similar projects. This situation suggests a possible tech duopoly in self-driving cars, where only a few key players thrive in a challenging market.

Source: YAHOO

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