SAN DIEGO, May 10, 2021 /PRNewswire/ --
TuSimple (Nasdaq: TSP), a global self-driving technology
company based in San Diego,
California, today announced unaudited financial results
for the first quarter period ending March
31, 2021. TuSimple's complete quarterly financial results
and management commentary can be found by accessing the company's
shareholder letter on the quarterly results page of the investor
relations website at ir.tusimple.com.
TuSimple President and CEO, Cheng Lu, commented, "TuSimple
continued to gain momentum throughout Q1 2021 by refining our
proprietary artificial intelligence technology and designing our
purpose-built L4, Class 8 truck with Navistar. Alongside these
technology developments, we led the industry in building autonomous
vehicle ecosystem partnerships and expanded our Autonomous Freight
Network."
Lu continued, "In April, we became the first autonomous driving
company to list on a stock exchange. The $1
billion of growth capital we raised through our IPO provides
us with a substantial runway to focus on our technology and
continue our industry leadership in autonomous trucking. With this
capital, we are more confident than ever that we will achieve our
mission to bring a reliable, low-cost trucking solution to market
while setting a new standard for safety and efficiency."
Conference Call
TuSimple will hold a conference call
at 2 p.m. Pacific Time (5 p.m. Eastern Time) to discuss the company's
business and financial results.
What:
TuSimple Q1 FY2021 Earnings Conference Call
When:
Monday, May 10,
2021
Time:
2 p.m. Pacific
Time (5 p.m. Eastern Time)
To Listen via Telephone:
North America (toll-free): +1 (833)
519-1404
International (caller-paid): +1 (270) 215-9738
Conference ID: 2176603
To Listen via the Internet:
https://ir.tusimple.com/events/event-details/tusimple-q1-2021-earnings-conference-call
An archived version of the webcast will be available on
TuSimple's Investor Relations website at ir.tusimple.com. A
telephone replay will be available two hours after the end of the
conference call until May 17, 2021.
To access the replay, please dial +1 (855) 859-2056 for North
American callers or +1 (404) 537-3406 for international callers and
enter the conference ID 2176603.
About TuSimple
TuSimple is a global autonomous driving
technology company, headquartered in San
Diego, California, with operations in Arizona, Texas, China,
Japan and Europe. Founded in 2015, TuSimple is
developing a commercial-ready Level 4 (SAE) fully autonomous
driving solution for long-haul heavy-duty trucks. TuSimple aims to
transform the $4 trillion global
truck freight industry through the company's leading proprietary AI
technology, which makes it possible for trucks to see 1,000 meters
away, operate nearly continuously and consume 10% less fuel than
manually driven trucks.
Visit us at www.tusimple.com, and follow us
on Twitter, YouTube and LinkedIn. Images and video
can be found in our press kit atwww.tusimple.com/media.
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SOURCE TuSimple Holdings Inc.