OverviewSuggest Edit

TuSimple Holdings is a technology company devoted to the development and application of artificial intelligence and computer vision technologies in the trucking industry. It develops an autonomous truck driving platform with L4 (Level 4) level of safety. The company also engaged in the design of original deep learning detection algorithms, visual positioning, and multi-sensor integration technology.

TypePublic
Founded2015
HQSan Diego, CA, US
Websitetusimple.com

Latest Updates

Employees (est.) (Dec 2020)839
Job Openings213
Revenue (FY, 2020)$1.8 M(+160%)
Share Price (Sept 2021)$39.5(+7%)
Cybersecurity ratingAMore
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Key People/Management at TuSimple

Xiaodi Hou

Xiaodi Hou

Co-Founder and Chief Technology Officer
Mo Chen

Mo Chen

Chairman of the Board
Pat Dillon

Pat Dillon

Chief Financial Officer
Jim Mullen

Jim Mullen

Chief Product Officer
Chuck Price

Chuck Price

Chief Product Officer
Karen C. Francis

Karen C. Francis

Director
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TuSimple Office Locations

TuSimple has offices in San Diego, Fort Worth and Tucson
San Diego, CA, US (HQ)
9191 Towne Centre Dr #600
Fort Worth, TX, US
2012 Eagle Pkwy
Tucson, AZ, US
9538 E Old Vail Rd
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TuSimple Financials and Metrics

TuSimple Revenue

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TuSimple's revenue was reported to be $1.84 m in FY, 2020 which is a 159.6% increase from the previous period.
USD

Revenue (Q1, 2021)

944.0k

Gross profit (Q1, 2021)

(1.3m)

Gross profit margin (Q1, 2021), %

(137.9%)

Net income (Q1, 2021)

(385.2m)

EBIT (Q1, 2021)

(58.6m)

Market capitalization (23-Sept-2021)

6.9b

Closing stock price (23-Sept-2021)

39.5

Cash (31-Mar-2021)

508.7m

EV

6.4b
TuSimple's current market capitalization is $6.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

9.0k710.0k1.8m

Revenue growth, %

7789%160%

Cost of goods sold

1.6m5.3m

Gross profit

9.0k(885.0k)(3.4m)
Quarterly
USDQ1, 2021

Revenue

944.0k

Cost of goods sold

2.2m

Gross profit

(1.3m)

Gross profit Margin, %

(138%)
Annual
USDFY, 2019FY, 2020

Cash

63.6m310.8m

Accounts Receivable

127.0k1.1m

Prepaid Expenses

2.5m2.3m

Current Assets

70.5m319.5m
Quarterly
USDQ1, 2021

Cash

508.7m

Accounts Receivable

1.4m

Prepaid Expenses

5.6m

Current Assets

520.3m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(45.0m)(84.9m)(177.9m)

Depreciation and Amortization

2.5m5.6m7.7m

Accounts Payable

108.0k139.0k4.2m

Cash From Operating Activities

(42.8m)(76.3m)(103.8m)
Quarterly
USDQ1, 2021

Net Income

(385.2m)

Depreciation and Amortization

2.1m

Accounts Payable

9.2m

Cash From Operating Activities

(46.7m)
USDFY, 2018

Revenue/Employee

82.6
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TuSimple Operating Metrics

Apr, 2021

Partners

2

Road Tested Miles

2.8 m

Technology Patents

240

Trucks

70
Show all operating metrics

TuSimple Acquisitions / Subsidiaries

Company NameDateDeal Size
Beijing Tusen Weilai Technology Co., Ltd.
Beijing Tusen Zhitu Technology Co., Ltd.
Beijing Weilai Chengyun Auto Tech Co., Ltd.
Shanghai Kuangtu Logistics Co., Ltd.
Shanghai Tusen Weilai AI Technology Co., Ltd.
Shanghai Tushen Zhineng Technology Co., Ltd.
Tangshan Tusen Weilai Logistics Co., Ltd.
TS Logistics, Inc.
Tusen Zhiyun (Shenzhen) Auto Tech Co., Ltd.
Tusimple (Hong Kong) Auto Tech Limited
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TuSimple Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

TuSimple Online and Social Media Presence

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TuSimple News and Updates

TuSimple to Participate in Upcoming Virtual Investor Conferences

SAN DIEGO, Aug. 27, 2021 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, today announced its participation in the following virtual investor conferences. Management will be available for one-on-one meetings with...

TuSimple Enlists Ryder To Build Out A Robot Truck Network

The San Diego-based robot truck developer will use Ryder's maintenance facilities for its “autonomous freight network.”

TuSimple Opens New Autonomous Trucking Facility in Texas to Meet Rising Demand

SAN DIEGO, June 16, 2021 /PRNewswire/ -- TuSimple today opened a new facility in Dallas-Fort Worth to support the continued expansion of the TuSimple Autonomous Freight Network. The new facility will extend the company's autonomous operations eastward, and allow for autonomous operations...

TuSimple, Giumarra and AWG Join Forces to Move Fresh Produce Using Autonomous Trucks

SAN DIEGO, May 19, 2021 /PRNewswire/ -- TuSimple today announced a revolutionary new logistics project in the fresh produce industry. In partnership with The Giumarra Companies, a leading international network of fresh produce growers, distributors and marketers, and the Associated...

TuSimple Announces Three New Members of Executive Advisory Board

SAN DIEGO, April 23, 2021 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global autonomous technology company based in San Diego, California, announced the addition of three new members to its Executive Advisory Board. These new members will add their experience and expertise in transportation...

The Station: A chat with Scale AI’s Alexandr Wang, the NYC scooter winners and TuSimple goes public

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in…
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TuSimple Blogs

Intern Spotlight: Clay Cho

Welcome to the first edition of the TuSimple Intern Spotlight series! As the summer officially ends, many interns, including our own, have wrapped up their internships. Our new series is meant to share the stories of interns across TuSimple and learn more about their backgrounds, work, and personal …

TuSimple Weighing In: A Solution for Weight Based Tolls for Autonomous Trucks

Many people conjure up images of a fantastical future when asked to describe a world with autonomous trucks. This is a future of redesigned trucks without driver or passenger cabs, where human interactions with the truck are considerably reduced or deemed irrelevant. However, before we get to that p…

Five Questions with Adrian Thompson, Vice President, Systems Engineering and Test

Because our autonomous vehicles are extremely heavy and share the road with other people and vehicles, the safety of our semi-trucks is paramount. Our vehicles must operate safely, regardless of any local conditions, including poor road conditions, construction, heavy traffic, cross traffic, pedestr…

National Truck Driver Appreciation Week: Celebrating Our Safety Drivers

Drivers play an essential role in TuSimple’s mission to make autonomous trucks safer, more efficient, and environmentally friendly. This week marks National Truck Driver Appreciation Week, an annual celebration of the hardworking drivers who deliver our nation’s goods. At TuSimple, we want to thank …

TuSimple 1,000-Meter Perception System

Why 1,000-Meter Perception is Critical to Enable L4 Autonomous Trucking Semi-trucks weigh up to 80,000 pounds and operate mainly on highways with a maximum speed of 75 mph. Due to their size and limited maneuverability, semi-trucks take much more time than passenger vehicles to brake, change lanes, …

Women at TuSimple with Vivian Sun

TuSimple is honored to have many accomplished women among our ranks, and we’re excited to feature them as part of our Women at TuSimple series. Meet Vivian Sun, who came onboard five years ago as Employee #8 in the U.S. and currently serves as our Vice President of Business Development. Vivian was r…
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TuSimple Frequently Asked Questions

  • When was TuSimple founded?

    TuSimple was founded in 2015.

  • Who are TuSimple key executives?

    TuSimple's key executives are Xiaodi Hou, Mo Chen and Pat Dillon.

  • How many employees does TuSimple have?

    TuSimple has 839 employees.

  • What is TuSimple revenue?

    Latest TuSimple annual revenue is $1.8 m.

  • What is TuSimple revenue per employee?

    Latest TuSimple revenue per employee is $2.2 k.

  • Who are TuSimple competitors?

    Competitors of TuSimple include Foresight Autonomous, Waymo and Edge Case Research.

  • Where is TuSimple headquarters?

    TuSimple headquarters is located at 9191 Towne Centre Dr #600, San Diego.

  • Where are TuSimple offices?

    TuSimple has offices in San Diego, Fort Worth and Tucson.

  • How many offices does TuSimple have?

    TuSimple has 3 offices.