Here is the article(press release) screaming about how successful Embark is testing trucks in "adverse conditions"
Self-driving truck tech expected to meet 'acceptable shipper delivery windows' during 90% of runs in snowy weather, company says
Here is the stock price(EMBK) since the IPO 6 months ago:
$11.00 per share November 1 2021
$ 1.55 today, down 55% in one day, down 84% since inception
ON THE DAY THEY ANNOUNCED THIS BREAKTHROUGH. Investor Relations | Embark Trucks, Inc.
Another one:
TuSimple Holdings (TSP) Investor Relations | TuSimple Holdings Inc
$ 79.84 per share at price peak July 2021 Twice the IPO price of $40
$ 7.33 per share down 6% today, down 80% since inception.
Clearly the money on Wall Street doesn't believe either one.
You can buy stock in either company, or you can use the cash for toilet paper....
More autonomous trucking BS
Discussion in 'Other News' started by Studebaker Hawk, May 10, 2022.
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Trucking Jobs in 30 seconds
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You fail to understand the stock market.
Buy the rumor, sell the news.Another Canadian driver and Northern Nomad Thank this. -
Another Canadian driver Thanks this.
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Buy low, then a month later, sell high.
Another Canadian driver Thanks this. -
a simple look at their balance sheet, will keep you away from investing in either comapany
drvrtech77, Flat Earth Trucker, Another Canadian driver and 2 others Thank this. -
Hey let's give our supply chain over to a Chinese owned company, brilliant!
Boondock, Another Canadian driver and Northern Nomad Thank this. -
Self driving trucks aren't going to take our jobs any time soon. An interesting read on all the robot vehicle stuff:
What’s holding up the autonomous vehicle takeover?Boondock, Another Canadian driver and TheLoadOut Thank this. -
drvrtech77, FearTheCorn, Boondock and 1 other person Thank this.
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The hurt is real.
The financial gurus don't believe the hype anymore.drvrtech77, Flat Earth Trucker and FearTheCorn Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.