TuSimple could jump 36% as the company leads the race in the $4 trillion autonomous trucking market, BofA says


Autonomous Trucks

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TuSimpleTuSimple is "leading the autonomous revolution in trucking" according to Bank of America. TuSimple is "leading the autonomous revolution in trucking" and its stock could jump 36% over the next year, according to Bank of America. By 2024 the company hopes to have more than 7,500 autonomous trucks on the road, and by 2027 that number is set to move to 100,000. There's also a significant regulatory risk as only 24 states currently allow for commercial autonomous trucking deployment. Still, at current prices, TuSimple offers an "attractive" entry point to the $4 trillion total addressable market for autonomous trucking, according to Bank of America.