GM
RBC Capital's analyst commented positively on business opportunities in the General Motors Cruise segment. " Uber Technologies (UBER) announced a partnership with Cruise, an autonomous driving division under General Motors. This signals that Tesla (TSLA)'s robotaxi business will face competition," he said. "It also reveals that Uber, which has already established a car-sharing platform, is an important company in the robotaxi industry," he said. "Many of the investors who are interested in the robotaxi industry now are paying attention to Tesla, and the key is how competitive General Motors Cruise will be after Tesla's robotaxi announcement in October." He maintained his outperformance opinion.
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