Abnormal Returns
DECEMBER 14, 2024
Cruise GM's ($GM) Cruise unit is exiting the robo-taxi business. (cnbc.com) Why GM ($GM) is pulling the plug on Cruise. (axios.com) Autos Chinese automakers are making inroads in Mexico. (nytimes.com) The risk to pedestrians from giant SUVs and pickups is growing. (vox.com) EVs The Lucid ($LCID) Motors Gravity SUV has a 450 mile range. (techcrunch.com) New Rivian ($RIVN) owners really like their cars.
The Big Picture
DECEMBER 14, 2024
The weekend is here! Pour yourself a mug of Colombia Tolima Los Brasiles Peaberry Organic coffee, grab a seat outside, and get ready for our longer-form weekend reads: You Want That Gift to Arrive Today? This Is What It Takes. Retailers like Amazon, Walmart and Target have figured out that if they get you your online order today, you will probably spend more tomorrow. ( New York Times ) Have we reached peak PreCheck?
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