Shares of TuSimple Holdings were still falling on Wednesday after the company said it drove a fully autonomous semi-truck on open public roads without a human driver or anyone in the vehicle.
TuSimple (ticker: TSP) said the race took place on the night of December 22, and covered 80 miles from Tucson to Phoenix on surface roads and highways.
The company said in a press statement that the Drive by its “Upfit Autonomous Semi-Truck” was “the world’s first fully autonomous semi-truck to run on open public roads without a human in the vehicle and without human intervention.”
Cheng Lu, President and CEO of TuSimple, said, “By achieving this important technological milestone, we have demonstrated the advanced capabilities of TuSimple’s autonomous driving system and the commercial maturity of our testing process, prioritizing safety and collaboration. “
The stock was down 10.8% on Wednesday, coming in at $31.55. Shares are down about 10% in the past three months.
TuSimple made its trading debut in May.
Write to Joe Woelfel at [email protected]