Cyrus Farivar, a senior writer for Forbes, joins ‘Forbes Talks’ to discuss Cruise robotaxis halting operations nationwide. The stunning announcement comes just two days after California regulators revoked the company’s permit statewide, finding that Cruise’s vehicles are “not safe for the public’s operation” and that the cars pose “an unreasonable risk to the public.”After ceasing operations in California on Tuesday, Cruise continued in Phoenix, Arizona, and in Austin and Houston, two of Texas’ largest cities. However, the entire robotaxi fleet nationwide has now been grounded.In its brief thread, Cruise said that the company needed to “take steps to rebuild public trust…even if it means doing things that are uncomfortable or difficult.”Earlier this month, at its peak, Cruise had a fleet of 400 robotaxis nationwide.Stay ConnectedForbes newsletters: https://newsletters.editorial.forbes.comForbes on Facebook: http://fb.com/forbesForbes Video on Twitter: http://www.twitter.com/forbesForbes Video on Instagram: http://instagram.com/forbesMore From Forbes: http://forbes.comForbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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