Morgan Stanley analyst Adam Jonas noted that GM's Cruise unit has stated a target to launch its robotaxi service by the end of 2019, but his view is that the technology required to remove human drivers at an acceptable level of safety is likely many years away. While "taking nothing away from GM Cruise," which Jonas thinks has important technological value, he urged investors to lower expectations for the unit's revenue generation and profitability. He said that if GM were to potentially recast its projected time horizon for the launch of its Cruise robotaxi service that he believes "the stock market would be largely understanding." Jonas keeps an Overweight rating and $44 price target on General Motors shares.