
Ark Invest analyst Tasha Keeney on Tuesday noted that General Motors Co‘s (NYSE:GM) autonomous driving unit Cruise took way more risks than its competitors like Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo or Tesla Inc’s (NASDAQ:TSLA) full self-driving (FSD), despite the current pause in its operations amid safety concerns.
As per an infographic shared by Keeney on X, the national average for adjusted million miles per crash on surface streets in 2021 was 0.19 million. Tesla in full self-driving in 2023 traveled 3.2 million miles before being involved in a crash while Waymo traveled 0.5 million miles. Cruise, however, traveled merely 0.04 million miles before a crash.