Current:Home > FinanceFastexy Exchange|CEO, co-founder of Cruise Kyle Vogt resigns from position -Zenith Investment School
Fastexy Exchange|CEO, co-founder of Cruise Kyle Vogt resigns from position
Rekubit View
Date:2025-04-10 18:21:39
SAN FRANCISCO — The CEO of Cruise announced on Sunday he was stepping down from the role.
"The last 10 years have been amazing, and I'm grateful to everyone who helped Cruise along the way," CEO and co-founder Kyle Vogt posted on X. "The startup I launched in my garage has given over 250,000 driverless rides across several cities, with each ride inspiring people with a small taste of the future."
Today I resigned from my position as CEO of Cruise. (1/5)
— Kyle Vogt (@kvogt) November 20, 2023
Vogt's resignation comes less than a month after the autonomous car company paused its driverless robotaxi operations nationwide. The pause happened two days after the California DMV suspended its driverless testing permits in the state.
The suspension happened due to an incident in October where a Cruise robotaxi dragged a pedestrian that had been struck by another vehicle in San Francisco.
Cruise's permit for testing of the vehicles with a safety driver inside was not affected by the suspension.
Cruise also recently announced layoffs among its contract employees who worked on the ride-hailing service's fleet of autonomous vehicles.
The workers laid off included support staff who clean, charge and service the robotaxis, as well as customer service workers.
The layoffs came after its fleet of vehicles was recalled for a software update, which was prompted by the same incident that saw its testing permit suspended.
Cruise, headquartered in San Francisco, is a subsidiary of General Motors and also operates in Phoenix, Arizona, and in the Texas cities of Austin and Houston.
- In:
- Cruise
veryGood! (33)
Related
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Jenna Ortega speaks out on age-gap controversy with Martin Freeman in 'Miller's Girl'
- Brandon Aiyuk trade options: Are Steelers or another team best landing spot for 49ers WR?
- Striking video game actors say AI threatens their jobs
- 2025 'Doomsday Clock': This is how close we are to self
- Lucille Ball's daughter shares rare photo with brother Desi Arnaz Jr.
- Disney returns to profit in third quarter as streaming business starts making money for first time
- Striking video game actors say AI threatens their jobs
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Georgia tops preseason college football poll. What are chances Bulldogs will finish there?
Ranking
- The Daily Money: Spending more on holiday travel?
- Armand “Mondo” Duplantis breaks pole vault world record in gold-medal performance at Olympics
- Study Links Permian Blowouts With Wastewater Injection
- NCAA Division I board proposes revenue distribution units for women's basketball tournament
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Simone Biles' husband Jonathan Owens was 'so excited' to pin trade at 2024 Paris Olympics
- Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover
- Chemical vs. mineral sunscreen: Dermatologists explain types of UV protection
Recommendation
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
For Hindu American youth puzzled by their faith, the Hindu Grandma is here to help.
Maureen Johnson's new mystery debuts an accidental detective: Read an exclusive excerpt
Dolce & Gabbana introduces fragrance mist for dogs: 'Crafted for a playful beauty routine'
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Can chief heat officers protect the US from extreme heat?
Jury orders city of Naperville to pay $22.5M in damages connected to wrongful conviction
What Lauren Lolo Wood Learned from Chanel West Coast About Cohosting Ridiculousness