Progress on self-driving technology has been slower than many people expected just a few years ago. Google's Waymo was aiming to launch a fully driverless taxi service by the end of 2018 but missed its deadline. GM's Cruise abandoned plans to launch a commercial service in 2019. Tesla has repeatedly fallen short of Elon Musk's optimistic timelines for delivering fully self-driving technology. They have plenty of cash and can keep working on the problem as long as they need to. But it is a big challenge for some of their competitors: independent self-driving startups that rely on venture capital to stay afloat.
Jul-21-2020, 20:06:43 GMT