GM is a market leader through its ownership of Cruise.
General Motors (GM -0.05%) isn't generally seen as a market leader in electric vehicles or autonomous driving, but maybe it should be. The company owns a majority of Cruise, the self-driving ridesharing company, and that could be a more valuable asset than its core business over the long term. This video highlights how GM is ahead of companies like Tesla (TSLA -3.55%) in autonomous driving.
*Stock prices used were end of day prices of Sept. 2, 2022. The video was published on Sept. 6, 2022.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in General Motors and has the following options: long March 2023 $250 puts on Tesla. The Motley Fool has positions in and recommends Alphabet (A shares), Alphabet (C shares), DoorDash, Inc., and Tesla. The Motley Fool recommends Uber Technologies. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he'll earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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