secwatch.observer — SEC 8-K summary
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Issuer:     TuSimple Holdings Inc. (TSPH)
CIK:        0001823593
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001628280-22-002098
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TuSimple achieves first Driver Out semi-truck runs; Q4 revenue $2M (+178% YoY); FY22 rev guidance $9-11M
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- Completed world's first fully driverless semi-truck runs on open public roads (7 runs, 550+ miles, no human onboard).
- Q4 2021 revenue $2M (+178% YoY); full year revenue $6M (+240% YoY). Net loss from ops $116M in Q4.
- FY 2022 guidance: revenue $9-11M, Adj. EBITDA loss $400-420M, ending cash ~$900M.
- Cumulative AFN-mapped miles 11,200; revenue miles 1,017k; truck reservations 6,975.
- R&D expense $82M in Q4, up >$50M YoY; ended year with >$1.3B cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823593/000162828022002098/0001628280-22-002098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823593/000162828022002098/tsp-20220209.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-002098

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer