Holy Motors (2012, dir. Leos Carax) is a film that poses many challenges for the viewer. It proceeds without any narrative logic, embraces a fragmented and disorienting structure, provides unmotivated character behavior, and produces epistemological confusion. This chapter argues that Carax’s film should be understood primarily as a metacinematic work about both the death of cinema and its concurrent rebirth, and that it represents and complicates cultural and critical anxieties about the impact of new technologies on cinema’s development in the twenty-first century. Holy Motors is used as a rich case study for evaluating the merits and limitations of mourning cinema’s passing era in the midst of the technological revolution. The film, it is argued, invites us to re-evaluate today the early rhetoric of crisis, death, and rupture, prevalent in the early days of digital cinema, and to trace not only what has been arguably lost in the transition, but also what could be ultimately gained from it.