TuSimple sees no change in business model in wake of safety probe

TuSimple truck on road

TuSimple co-founder and CEO Xiaodi Hou on Tuesday responded to concerns from financial analysts on potential repercussions of a safety investigation following an April 6 crash involving one of its driverless trucks.

“This was an incident with a correctable flaw, not a material change to our business model,” Hou asserted during the company’s second-quarter analyst call. “As the CEO of TuSimple, I take responsibility for it.”

The accident and resulting potential safety setback for autonomous trucks...

https://www.freightwaves.com/news/tusimple-sees-no-change-in-business-model-in-wake-of-safety-probe

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