by Randall McAdory | May 14, 2020 | Autonomous Vehicles, Electric Vehicles, GM Cruise Automation
GM’s Cruise autonomous driving subsidiary announced yesterday it’s laying off 8 percent of it’s full-time employees. During this time of COVID-19, many analysts believe companies like GM cannot continue to invest in both electric vehicle development and autonomous...
by Randall McAdory | May 13, 2020 | Autonomous Vehicles, General Motors, GM Cruise Automation, Tesla
The title of this post was motivated by a financial piece about GM in Seeking Alpha written by Aaron Butler. In the article, Butler describes GM as “the fastest horse in the auto race.” In addition to GM’s financial performance versus competitors...
by Randall McAdory | May 11, 2020 | Autonomous Vehicles, Electric Vehicles, General Motors, Tesla
An intriguing article in Automotive News (subscription required) today, suggests that Wall Street adores Tesla, which is obvious given the company’s $150 billion market capitalization (five times higher than General Motors). The article also suggests...
by Randall McAdory | May 6, 2020 | Autonomous Vehicles, Coronavirus, Electric Vehicles, General Motors, GM Cruise Automation
GM posted a small profit during Q1 which is surprising given the heavy losses announced by the other 2 Detroit automakers in Q1. According to AutoNews, GM’s CFO is saying the pandemic will not impact the company’s work on their electric and autonomous vehicles. The...
by Randall McAdory | May 4, 2020 | Electric Vehicles, Tesla, Transportation as a Service
Coronavirus could give Tesla advantages over traditional automakers both in electric vehicle investment as well as the development of self-driving systems. In a Medium article written prior to the current coronavirus environment, I wrote about Tesla having potential...
by Randall McAdory | Apr 28, 2020 | Autonomous Vehicles, Elon Musk, Ford, GM Cruise Automation, TaaS, Tesla
I believe Tesla is leading the world in a race to develop the technology enabling mobility solutions using self-driving vehicle capability as outlined in this Medium article, Tesla’s Insurmountable Advantages. However, in an interview this week with Automotive...