Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

TUSIMPLE HOLDINGS INC.

(TSP)
  Report
Delayed Nasdaq  -  04:00:01 2023-01-27 pm EST
2.100 USD   +2.94%
01/17TuSimple Adds Independent Directors to Government Security Committee
PR
01/17TuSimple Adds Independent Directors to Government Security Committee
CI
01/09Factbox-Tech firms leading job cuts in Corporate America
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

TuSimple, Navistar scrap deal to develop self-driving trucks

12/05/2022 | 06:05pm EST
AV trucks are parked at AllianceTexas in Fort Worth

(Reuters) - TuSimple Holdings Inc and Navistar have ended a deal to co-develop self-driving trucks, the companies announced on Monday.

In 2020, Illinois-based Navistar bought a minority stake in TuSimple and announced a deal to co-develop heavy-duty self-driving trucks by 2024, as the autonomous driving technology space boomed with investor attention.

The trucks would have operated at Level 4 autonomy - where vehicles can operate without a driver under set conditions.

TuSimple also received nearly 7,000 orders for the self-driving trucks from companies including DHL Supply Chain, Schneider and U.S. Xpress.

San Diego, California-based TuSimple, which in October said it plans to focus on initial commercialization of its trucks in 2023, did not specify reasons for ending the deal.

(Reporting by Eva Mathews in Bengaluru; Editing by Maju Samuel)


ę Reuters 2022
All news about TUSIMPLE HOLDINGS INC.
01/17TuSimple Adds Independent Directors to Government Security Committee
PR
01/17TuSimple Adds Independent Directors to Government Security Committee
CI
01/09Factbox-Tech firms leading job cuts in Corporate America
RE
01/04Tusimple : Investor Presentation
PU
01/04Factbox-Corporate America lays off thousands as recession worries mount
RE
2022TuSimple Holdings to Cut 25% of Workforce
MT
2022TuSimple to lay off 25% of workforce
RE
2022TuSimple to lay off 25% of workforce
RE
2022Tusimple Holdings Inc. : Costs Associated with Exit or Disposal Activities, Regulation FD ..
AQ
2022TuSimple Announces Restructuring with a Focus on Investing in R&D to Advance Autonomous..
PR
More news
Analyst Recommendations on TUSIMPLE HOLDINGS INC.
More recommendations
Financials (USD)
Sales 2022 10,4 M - -
Net income 2022 -470 M - -
Net cash 2022 816 M - -
P/E ratio 2022 -0,99x
Yield 2022 -
Capitalization 474 M 474 M -
EV / Sales 2022 -32,9x
EV / Sales 2023 -15,2x
Nbr of Employees 1 500
Free-Float 54,9%
Chart TUSIMPLE HOLDINGS INC.
Duration : Period :
TuSimple Holdings Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TUSIMPLE HOLDINGS INC.
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Last Close Price 2,10 $
Average target price 7,83 $
Spread / Average Target 273%
EPS Revisions
Managers and Directors
Cheng Lu President, Chief Executive Officer & Director
Eric R. Tapia Controller, Chief Financial & Accounting Officer
Mo Chen Executive Chairman
Fu Bin Lu Independent Director
Michael Mosier Independent Director
Sector and Competitors
1st jan.Capi. (M$)
TUSIMPLE HOLDINGS INC.28.05%474
UNISPLENDOUR CORPORATION LIMITED21.78%10 018
AISINO CORPORATION9.51%3 114
CRICUT, INC.6.90%2 188
LINEWELL SOFTWARE CO., LTD.24.09%1 459
PC CONNECTION, INC.3.20%1 261