Why Waymo and Cruise Will Go Bankrupt
by Brian Wang from NextBigFuture.com on (#6E1HT)
I, Brian Wang, talked to Herbert Ong about the problem with the Waymo and Cruise and robotaxi business model. They both have been losing about $2-3 billion per year for the past five years and were losing $1 billion per year before. Waymo started in 2009 and Cruise started in 2013. Waymo has probably has ...