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Self-driving truck company TuSimple files for IPO

Mar 24, 2021 at 09:54 AM CST

TuSimple, a leader in autonomous truck technology, filed for an initial public stock offering Tuesday, skipping the SPAC route that's been popular lately with automotive tech startups. Why it matters: Driverless semi-trucks could make highways safer while reducing the cost and environmental impact associated with increased demand for freight delivery.