Cruise lost $435 million this quarter, even with its robotaxis on hiatus

The Verge
By Andrew J. HawkinsOct 22, 2024, 10:46 am56 ptsTrending
Photo by Tayfun Coskun/Anadolu via Getty Images Even with most of its autonomous vehicle fleet on ice, Cruise is still bleeding cash. The robotaxi company that is a wholly owned subsidiary of General Motors lost $435 million in the third quarter of 2024, GM reported this morning. That’s an improvement from…

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