4 ms·

I am willing to bet that the nimble AutoPilot selling <$1000 hardware and $25/month subscriptions will outlive the billion dollar giants like Cruise. CommaAI is

• 05 6y ago
  Zoox is burning Amazon's money now.
• marc__1 6y ago
  > Waymo and Tesla have some hope. Cruise and Zoox are burning VC money like crazy with little to show. The numbers for Cruise reported by GM [1]: As of six months Q22020, Cruise posted revenues of $53m and total expenses of $498m, compared to $50m in rev and $553m in expenses for the same six month period in 2019. Total cash in hand for Cruise is $2.2b with zero debt 2 more years of cash burn is not your typical startup that is 'burning VC money like crazy', but still the cash burn is large. Now the question is if Cruise can expect any revenue from the new DMV authorization in SF [2] [1] starts page 9 https://media.gm.com/content/dam/Media/gmcom/investor/2020/jul/gm-q2-2020-earnings-press-release.pdf https://media.gm.com/content/dam/Media/gmcom/investor/2020/j... [2] https://www.dmv.ca.gov/portal/news-and-media/dmv-authorizes-cruise-to-test-driverless-vehicles-in-san-francisco/ https://www.dmv.ca.gov/portal/news-and-media/dmv-authorizes-...
• codezero 6y ago
  Things that are that price point end up just getting acquired by auto manufacturers since the tech isn't used anywhere else, and they can run the price down by owning it and producing it at scale / having some competitive advantage temporarily.
• dogma1138 6y ago
  MobilEye has been selling ADAS kits for about a decade now. I’m not entirely sure why CommaAI is a special case here.