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Verge

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

Verge
Summary
Nutrition label

72% Informative

Cruise lost $435 million in the third quarter of 2024 , an improvement from the $791 million lost in 2023 .

The robotaxi company has been on hiatus since October 27, 2023, weeks after one of its driverless vehicles in San Francisco struck and then dragged a pedestrian over 20 feet , severely injuring her.

GM CEO Mary Barra has long been bullish on autonomous vehicles.

VR Score

76

Informative language

75

Neutral language

42

Article tone

informal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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