Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.

General Motors' move suggests that billions in funding weren't enough in a still-developing part of the industry that has met with several setbacks and scepticism from wary drivers.

Tesla TSLA shares closed at a record-breaking $424.77 on Wednesday, continuing a rocket rally since President-elect Donald Trump's victory. The stock touched an intraday high of $424.88, surpassing ...