Cruise starts initial robotaxi testing in Miami

Cruise, the self-driving arm of General Motors, has begun initial testing and data collection in Miami, the company said in a tweet Wednesday. “Phase 1 is to familiarize our fleet with additional, diverse road conditions while collecting data,” the company said. Cruise declined to provide any further information, like what Phase 2 entails and when

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Tesla price cuts mean it sold nearly twice the number of cars as it did a year ago

SAN FRANCISCO — Elon Musk’s big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results. The company beat analyst expectations for net income in the April-June quarter, although its shares barely budged. The Austin, Texas, maker of electric vehicles, solar panels

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