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Kyle Vogt Out at Cruise: GM's Autonomous Ambitions Take a Hit

TheMotleyFool 
0 0 20.11.23
Kyle Vogt Out at Cruise: GM's Autonomous Ambitions Take a Hit: https://g.foolcdn.com/editorial/images/755682/cruise-track-3-in-seattle.jpg
 

Cruise CEO Kyle Vogt quit over the weekend, adding another element of turmoil for General Motors' (NYSE: GM) autonomous driving unit. The fleet is now off the road, and the business is without a clear leader.

In this video, Travis Hoium discusses what we know so far and what impact this could have on General Motors' future. This may even be one of the better reasons to sell the stock right now.

*Stock prices used were end-of-day prices of Nov. 20, 2023. The video was published on Nov. 20, 2023.

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Source Fool.com

General Motors Corp Stock

€39.86
-0.550%
The price for the General Motors Corp stock decreased slightly today. Compared to yesterday there is a change of -€0.220 (-0.550%).
Currently there is a rather positive sentiment for General Motors Corp with 32 Buy predictions and 5 Sell predictions.
With a target price of 45 € there is a slightly positive potential of 12.9% for General Motors Corp compared to the current price of 39.86 €.
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