Maybe it’s just the way the author wrote this article, but they make it sound like a 7 year investment that hasn’t matured is an epic disaster.
It’s been a tumultuous seven years since GM first announced its plan to acquire Cruise with the goal of rapidly commercializing the technology. The company has scored some significant victories in recent months, only to see most of that progress evaporate after a series of errors have exposed major problems with Cruise’s management. And now Vogt’s resignation puts GM in a tough position: continue to fully embrace self-driving cars, or cut its losses.
Maybe it’s just the way the author wrote this article, but they make it sound like a 7 year investment that hasn’t matured is an epic disaster.