Self-driving truck startup TuSimple files to go public

Self-driving truck startup TuSimple files to go public

3 years ago
Anonymous $hYN7Hy7o7J

https://techcrunch.com/2021/03/23/self-driving-truck-startup-tusimple-files-to-go-public/

TuSimple, the self-driving truck company that is backed by a diverse consortium of strategic investors, including Volkswagen AG’s heavy-truck business The Traton Group, Navistar, Goodyear, and freight company U.S. Xpress, filed Tuesday for an initial public offering.

TuSimple is taking the traditional path to going public, a departure from the recent trend — particularly among electric and autonomous vehicle startups — to merge with a blank check company.

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