GM’s driverless taxis need to slow down

Step on the gas with driverless vehicles and you scare regulators and the public, but hit the brakes and you lose funders. It won’t be an easy balance for Cruise to find as he seeks a way out of the current crisis.

The autonomous taxi company 80% owned by General engines has lost its two co-founders since Sunday, including the CEO Kyle Vogt. The resignations, which cap a tumultuous few weeks since Cruise’s self-driving license was suspended by the California Department of Motor Vehicles, could make it easier to convince regulators that the company can make a fresh start.