TuSimple Announces Fourth Quarter 2021 Results

Rhea-AI Summary

TuSimple (Nasdaq: TSP) reported its unaudited financial results for Q4 2021, highlighting significant milestones achieved in its first year as a public company. Notably, the company completed an industry-first autonomous trucking operation covering 80 miles without a driver. For 2022, TuSimple aims to deliver Level 4 autonomous driving technology at commercial scale. The earnings conference call is set for February 9, 2022, at 2 p.m. PST.

Positive

• Achieved key milestones in 2021, including an 80-mile autonomous trucking operation.
• Focus on delivering Level 4 driving technology at commercial scale in 2022.
• Developing solutions aimed at transforming a $4 trillion global truck freight industry.

Negative

• None.

SAN DIEGO, Feb. 9, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, has released unaudited financial results for the fourth quarter ending December 31, 2021. TuSimple's complete quarterly financial results and management commentary can be accessed through the company's shareholder letter on the quarterly results page of the investor relations website at ir.tusimple.com.

"In our first year as a publicly-traded company, we achieved all of our key 2021 milestones, including an industry-first, 80-mile, terminal to terminal, driver-out, autonomous trucking operation," said Cheng Lu, President, and CEO, TuSimple. "In the last quarter, we automated the very first autonomous freight lane; and heading into 2022, we are laser-focused on delivering L4 driving technology at commercial scale."

What: TuSimple Q4 2021 Earnings Conference Call
When: Wednesday, February 9, 2022
Time: 2 p.m. PST/ 5 p.m. EST

To Listen via Telephone:
Conference Topic: TuSimple Q4 2021 Earnings Conference Call
Conference ID: 9580979
US/CANADA (Toll-Free) Number: +1 (833) 519-1404
International (Paid) Number: +1 (270) 215-9738
To Listen via Internet: ir.tusimple.com 

About TuSimple
TuSimple is a global autonomous driving technology company headquartered in San Diego, California, with operations in Arizona, Texas, Europe, and China. Founded in 2015, TuSimple is developing a commercial-ready, fully autonomous (SAE Level 4) driving solution for long-haul heavy-duty trucks. TuSimple aims to transform the $4 trillion global truck freight industry through the company's leading AI technology, which makes it possible for trucks to see 1,000 meters away, operate nearly continuously, and reduce fuel consumption by 10%+ relative to manually driven trucks. Visit us at www.tusimple.com

 

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SOURCE TuSimple Holdings, Inc.

FAQ

What were TuSimple's key milestones in 2021?

TuSimple achieved significant milestones, including an industry-first autonomous trucking operation covering 80 miles without a driver.

When is TuSimple's Q4 2021 earnings conference call?

The earnings conference call is scheduled for February 9, 2022, at 2 p.m. PST.

What is TuSimple's future focus for 2022?

TuSimple is focused on delivering Level 4 autonomous driving technology at a commercial scale in 2022.

What market does TuSimple aim to transform?

TuSimple aims to transform the $4 trillion global truck freight industry through its autonomous driving technology.