AURWF - TuSimple: A Risky Bet On An Autonomous Trucking Future

• TuSimple recently announced a delay to full production until 2025, as it will use retrofitted trucks to hit commercialization targets in 2024.
• TuSimple continues to expand its AFN with partnerships and has logged over 7,400 reservations, testifying to the validity of its tech.
• TuSimple may have to delay nationwide scaling of operations given the production delays.
• In addition, regulatory and safety risks may pose a major headwind to commercialization in the broader industry.
• However, a $2.3B market cap at 2x cash with a minimal burn rate offers a decently attractive valuation for a speculative take.

For further details see: