by Randall McAdory | Jan 18, 2020 | Autonomous Vehicles, GM Cruise Automation
In a previous post, we learned that GM Cruise Automation was delaying the deployment of its autonomous taxi service beyond the end of 2019. Might the information this week from PR Week be a sign that GM Cruise is now close to launching its self-driving service? The...
by Randall McAdory | Jan 16, 2020 | Autonomous Vehicles, General Motors, GM Cruise Automation, TaaS, Tesla, Transportation as a Service, Waymo
In the spirit of transparency, I do own shares of stocks of some companies mentioned by me within TaaS Master that are also in the transportations-as-a-service space. You may recall from a previous post that the ecosystem of autonomous companies is large and growing....
by Randall McAdory | Sep 27, 2019 | Autonomous Vehicles, GM Cruise Automation, Waymo
CNBC is reporting that Morgan Stanley analysts have cut their valuation of Waymo by 40%. Morgan Stanley’s valuation of Waymo is still a hefty $105 billion. But this valuation level is down from $175 billion previously. The most significant factor contributing to...
by Randall McAdory | Aug 4, 2019 | GM Cruise Automation
In a July 24 blog post, Cruise CEO, Dan Ammann announced more detailed information about Cruise Automation in San Francisco. Part of that announcement involved delaying the deployment of an autonomous service by the end of 2019. According the Ammann, the next steps...
by Randall McAdory | Aug 4, 2019 | GM Cruise Automation, Tesla, Waymo
Morgan Stanley’s automotive analyst, Adam Jonas, believes that investors are not recognizing the value of Tesla’s autonomous vehicle technology. GM’s Cruise Automation and Waymo seem to get healthy valuations from Wall Street according Jonas. But it’s Tesla that...