Andrew J. Hawkins / The Verge:

GM reports Cruise lost $435M in Q3 2024, down from a $791M loss in Q3 2023, and had $26M in net sales and revenue and $442M in total costs and expenses  —  GM needs to prove driverless cars can be safe, but also profitable  —  Even with most of its autonomous vehicle fleet on ice, Cruise is still bleeding cash.

Andrew J. Hawkins / The Verge:

GM reports Cruise lost $435M in Q3 2024, down from a $791M loss in Q3 2023, and had $26M in net sales and revenue and $442M in total costs and expenses  —  GM needs to prove driverless cars can be safe, but also profitable  —  Even with most of its autonomous vehicle fleet on ice, Cruise is still bleeding cash.

Source: TechMeme
Source Link: http://www.techmeme.com/241022/p16#a241022p16