General Motors Learns a Valuable Lesson With $10 Billion "Mistake"

Oftentimes, when you've made a bad decision, the worst thing you can do is double down. The best approach can be cutting your losses and moving forward as well as possible. It's a hard lesson, but extremely valuable, and General Motors (NYSE: GM) is currently in the process of learning it after investing $10 billion in its Cruise autonomous vehicle program.The Detroit automaker had once vowed not to step off the accelerator of autonomous driving development -- until December, when it announced a near complete reversal of its strategy. Is General Motors' exiting its robotaxi dreams a mistake, or was the venture the mistake?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool