On: GM exits robotaxi market, will bring Cruise operations in house

[eappleby]

GM stock up 2.5% since the announcement, so it doesn't look like investors attributed that much of GM's future value to Cruise (or that shutting down the robotaxi development was already assumed)

[mensetmanusman → eappleby]

Stonks go up. No need to invest in the future since retirement is a few years away! (More holes in the life raft?)

[paxys → eappleby]

Well yeah they just cut $1B/yr of spending from their books.