General Motors’ Cruise Robotaxi Unit has lost almost $5 billion since 2018

General Motors has reportedly lost nearly $5 billion on San Francisco-based robotaxi company Cruise, which started in 2018. General Motors (GM) said it lost $500 million on its Cruise program in its second-quarter earnings report. The total comes to approximately USD 5.5 million per day, evenly distributed in Q2 over 91 days. According to info … Continue reading General Motors’ Cruise Robotaxi Unit has lost almost $5 billion since 2018