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GM's Answer to Tesla's FSD Is Back!

Cruise is heading back on the road in Phoenix, which could begin a long recovery for the autonomous vehicle business.

By Travis Hoium – Apr 11, 2024 at 6:00AM EST

General Motors (GM 3.45%) has been mostly silent about its autonomous vehicle unit Cruise over the past six months, but we received some big news on Tuesday. Mapping will begin in the Phoenix area with the ultimate goal of getting fully autonomous vehicles back on the road. Travis Hoium covers the latest and the investing takeaways in this video.

*Stock prices used were end-of-day prices of April 10, 2024. The video was published on April 10, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and General Motors. The Motley Fool has positions in and recommends Alphabet, Amazon, and Tesla. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy.

Stocks Mentioned

General Motors Stock Quote
General Motors
NYSE: GM
$72.99
(-3.45%)-$2.61
Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$274.47
(-2.30%)-$6.45
Amazon Stock Quote
Amazon
NASDAQ: AMZN
$199.47
(-3.89%)-$8.07
Tesla Stock Quote
Tesla
NASDAQ: TSLA
$362.05
(-2.70%)-$10.06
Alphabet Stock Quote
Alphabet
NASDAQ: GOOG
$273.76
(-2.49%)-$6.98

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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