https://www.forbes.com/sites/cyrusfarivar/2023/11/06/under-fire-over-robotaxi-safety-gm-halts-production-of-cruise-driverless-van/
6 replies (most recent on top)
"GM said last month that the company has lost roughly $1.9 billion on Cruise in the first nine months of this year, including $732 million in the third quarter alone."
wow, even at gm you are the weakest link
what id--t bought them again
give me the money and i'll set it on fire
Are you thinking Mary will be her roommate?
See also, Elizabeth Holmes and Theranos
Holmes also promised fantastical products that were not possible to produce.
Where is she now?
Sad.
"A New York Times story followed last week diving into issues within Cruise that may have led to the safety issues, and setback for Cruise's reputation and business. The story included a stat that at Cruise, workers intervened to help the company's cars every 2.5 to five miles."
"The Cruise spokesperson wrote in an e-mail, that a "remote assistance" session is triggered roughly every four to five miles, not every 2.5 miles, in Cruise's driverless fleet."
"GM said last month that the company has lost roughly $1.9 billion on Cruise in the first nine months of this year, including $732 million in the third quarter alone."
https://www.cnbc.com/amp/2023/11/06/cruise-confirms-robotaxis-rely-on-human-assistance-every-4-to-5-miles.html
I know they pay their star developers a lot of money.
Too bad they can't produce.
What's this do to Cruise's revenue?
Do they actually make money from something, or are they totally supported by GM?
Maybe layoffs are in their future.