SCANDALBATCH W14AUTONOMOUS VEHICLES

Cruise

Robotaxis that dragged pedestrians and covered it up

$10B+ (via GM)
Capital Raised
$30B
Peak Value
13+ YRS
Lifespan
2,500+ laid off
Body Count

AUTOPSY REPORT

GM bought Cruise for $1B, then poured in $10B more. Their self-driving cars dragged a pedestrian 20 feet and executives initially withheld the footage from regulators . California pulled their license. GM wrote off the entire investment. The future of autonomous driving became a $10B bonfire.

DAMAGE: 2,500+ laid off

TIMELINE

2013Founded, joins YC W14
2016-03Acquired by GM for $1B
2021-01GM invests additional $2B
2023-10-02Robotaxi drags pedestrian 20 feet in San Francisco
2023-10Executives withhold dragging footage from regulators
2023-10-24California DMV suspends Cruise's driverless permit
2024-12GM announces shutdown of Cruise robotaxi program

SOURCES

→ NYT: Cruise Withheld Footage of Pedestrian Dragging→ Reuters: GM Shuts Down Cruise
← IRLScaleFactor →

Satirical project. Not affiliated with Y Combinator. All information from public records.