Cruise Reports $435M Loss
This is a San Francisco news story, published by Verge, that relates primarily to Mary Barra news.
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robotaxi subsidiaryVerge
•Cruise lost $435 million this quarter, even with its robotaxis on hiatus
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.
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