General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business and a refocusing on improving driver- assistance technologies for everyday people.

The automaker cited the intense competition for self-driving cars and the steep costs associated with developing them.

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car

From Musk's ties to Trump to a brighter outlook for sales growth, here's what investors see working in Tesla's favor heading into 2025.

Elon Musk and social media users are reacting after Tesla stock reached $420, years after the CEO's "funding secured" tweet that landed him in controversy.

Tesla’s shares increased by more than 3.7% to just below $416 as of around 1:10 p.m. EST, surpassing the stock’s all-time intraday record high of $414.50 set on Nov. 4, 2021,