Autonomous Trucks
People believed that it would not be long before vehicles were driving themselves, and plenty of companies like Embark promised just that. Many companies have since gone under, and while Embark held on longer than some, it is now winding down operations. It marks one of the fastest declines of the time, going from a $5 billion valuation to closing its doors in just 16 months. Other Autonomous Companies Also FloppedEmbark is not the first casualty in the autonomous trucking space. Even Uber failed after purchasing Otto, an early startup focused on self-driving trucks.