$TuSimple(TSP.US$ Anybody else bought it?!
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$TuSimple(TSP.US$ TuSimple (NASDAQ:TSP) +2% pre-market as analysts weigh in after the company's successful trip by an autonomous truck, which traveled 80 miles on public roads in Arizona without a human driver.
The stock exploded higher yesterday on the initial news before turning sharply lower, closing -9.2%, but analysts see the test as a major milestone for the company.
The successful test is an "affirmation of TuSimple's leadership position in the autonomous trucking space," Needham ana...
The stock exploded higher yesterday on the initial news before turning sharply lower, closing -9.2%, but analysts see the test as a major milestone for the company.
The successful test is an "affirmation of TuSimple's leadership position in the autonomous trucking space," Needham ana...
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$TuSimple(TSP.US$ Autonomous trucking startup TuSimple has completed its first autonomous truck run on open public roads without a human in the vehicle, according to the company. TuSimple's Autonomous Driving System (ADS) navigated 100% of the 80-mile run along surface streets and highways between a railyard in Tuscon, Arizona and a distribution center in Phoenix, which took place with no human intervention, marking a milestone for the company that aims to scale its technology into purpose-...
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$TuSimple(TSP.US$ Self-driving trucks developer TuSimple has proposed a deal to integrate its autonomous vehicle technology into DHL Supply Chain's operations. As part of the deal, the contract logistics giant has reserved 100 autonomous trucks that are being co-operated by TuSimple and Navistar. The agreement with DHL pushes TuSimple's total reservations order to 6,875 trucks, the first of which will be delivered in 2024. Self-driving truck developer TuSimple has reached an agreement to integrate its autonomous vehicle technology into DHL supply chain operations. As part of the deal, the contract logistics giant has retained 100 autonomous trucks, co-developed by TuSimple and NaviStar. The agreement with DHL pushes TuSimple's total pre-order order to 6875 trucks, the first of which will be delivered in 2024.
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$TuSimple(TSP.US$
"It will also be a key milestone for the trucking industry (autonomous or otherwise) as the effectiveness of the test in real-world conditions will make it very difficult for bears/skeptics to dismiss the technology as science fiction."
The firm keeps an Overweight rating on TSP and price target of $75.
"It will also be a key milestone for the trucking industry (autonomous or otherwise) as the effectiveness of the test in real-world conditions will make it very difficult for bears/skeptics to dismiss the technology as science fiction."
The firm keeps an Overweight rating on TSP and price target of $75.
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$TuSimple(TSP.US$ Looks like it's about to go up?
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