> 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/j...

[2] https://www.dmv.ca.gov/portal/news-and-media/dmv-authorizes-...