Self-DrivingIncorrect
“Cruise is on track — if not ahead of — its goal to reach $1 billion in revenue by 2025, as it scales up new markets and vehicle volume.”
Said Apr 13, 2023Deadline Dec 31, 2025Automotive News interview, April 13, 2023 (reported by GM Authority, April 14, 2023)
Cruise never came close to $1 billion in revenue: it was losing hundreds of millions per quarter, had its California permits suspended in late 2023, Vogt resigned that November, and GM ended funding for the robotaxi business in December 2024, so 2025 revenue was effectively zero.