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by eappleby 556 days ago
GM stock up 2.5% since the announcement, so it doesn't look like investors attributed that much of GM's future value to Cruise (or that shutting down the robotaxi development was already assumed)
2 comments

Stonks go up. No need to invest in the future since retirement is a few years away! (More holes in the life raft?)
Well yeah they just cut $1B/yr of spending from their books.