Transportation
GM Calls It Quits on Mary Barra’s $50 Billion Robotaxi Dream
- Automaker cites growing competition, costs to scale business
- Cruise faced regulatory crackdown after pedestrian accident
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General Motors Co. Chief Executive Officer Mary Barra, clad in her signature leather jacket and masked up pandemic style, climbed into a Cruise robotaxi named Tostada for her first autonomous ride almost three years ago.
“Oh my God,” she exclaimed in a moment GM promoted with a video. “This is incredible.”