This week was abuzz with major developments in the tech and auto sectors. From potential CEO succession at General Motors Co. to Tesla Inc.’s Full Self-Driving (FSD) system getting a boost in South Korea, there was no shortage of news.



Let’s dive into the top stories.



<h2>GM Eyes Ex-Tesla Exec For CEO Role</h2>



Reports suggest that General Motors Co. is considering Sterling Anderson, its current Chief Product Officer and former Tesla Autopilot exec, as the next CEO. Anderson, who also co-founded Aurora Innovation Inc., could potentially succeed Mary Barra if he can enhance hardware and software integration for GM’s vehicles.



Read the full article here.



<h2>Tesla’s FSD Gets South Korean Endorsement</h2>



As Tesla prepares for a European rollout of its Full Self-Driving (FSD) system, South Korean lawmaker Lee So-young praised the technology as a game-changer. She shared her experience with FSD, which recently launched in Korea, and expressed her intent to encourage other leaders to experience self-driving technology.



Read the full article here.



See Also: Ro Khanna Backs Bernie Sanders Over Tesla’s Elon Musk, Says AI Should Help ‘Workers, Not Tech Barons’



<h2>Trump’s Air Taxi Strategy</h2>



Transportation Secretary Sean Duffy unveiled the Trump administration’s strategy to initiate air taxi operations in the U.S. Duffy highlighted the rapidly changing aviation industry and the emergence of eVTOL aircraft and drones. He stated that this strategy would help the U.S. “beat China and lead the way in aviation!”



Read the full article here.



<h2>Waymo’s Potential Funding Round</h2>



Alphabet Inc.’s autonomous driving unit, Waymo, is reportedly discussing a funding round that could exceed $10 billion and value the company at $100 billion or more. The financing is expected to be organized early next year.



Read the full article here.



<h2>Ford’s EV Strategy Shift</h2>



Ford Motor Company is reportedly shifting its focus away from electric vehicles (EVs) due to lower-than-expected demand. RBC Capital Markets analyst Tom Narayan maintained a Sector Perform rating on Ford, praising the company’s strategic restructuring.



Read the full article here.



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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.



Image via Shutterstock

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This week saw significant developments in the auto and tech sectors. General Motors is considering ex-Tesla exec Sterling Anderson for CEO. Tesla's Full Self-Driving system received praise in South Korea. The Trump administration unveiled an air taxi strategy. Waymo is discussing a funding round exceeding $10 billion. Ford is shifting focus away from EVs due to low demand.

- This week featured significant updates in the tech and auto industries, including potential CEO changes at General Motors and Tesla's advancements in its Full Self-Driving system in South Korea.  
- General Motors is reportedly considering Sterling Anderson for its CEO position, focusing on improving vehicle software and hardware integration.  
- Meanwhile, transportation officials unveiled the Trump administration's air taxi strategy, and Waymo is planning a funding round valued at over $10 billion, alongside Ford shifting its focus from electric vehicles due to reduced demand.

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Weekend Round-Up: GM's CEO Succession, Tesla's FSD Boost, Trump's Air Taxi Strategy Waymo's Funding Round And Ford's EV Pivot