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Today's News on TuSimple Holdings
$TSP
TuSimple Holdings Inc. shares fell nearly 10% on Tuesday. The company, which dealt with autonomous driving trucks, came under criticism when on April 6, an autonomous driving truck, suddenly swerved to the left, crossed the highway in Arizona, and crashed into a concrete barricade.
The accident, disclosed by regulators in June after TuSimple filed a report on the incident, underscores concerns that the autonomous truck company is risking safety on public roads in its rush to bring driverless trucks to market, according to independent analysts and more than a dozen former company employees. A TuSimple spokesman said safety is the company's top priority and that no one was injured in the accident. The Federal Motor Carrier Safety Administration has opened a "safety investigation" into TuSimple.
🟥 $TSP ( 🔽-9.74%)
Source: https://on.wsj.com/3bmumM2
