gorodenkoff/iStock via Getty Images
Shares of Aurora (NASDAQ:AUR) fell by as much as 28% on Thursday after disclosing a four-month delay in the commercial launch of its self-driving truck.
In explaining the reason for the delay, CEO Chris Urmson said during the company’s Q3 earnings call that additional safety measures need to be completed before he feels comfortable launching the vehicle.
“We want to have extremely high confidence in the system as we go forward,” Urmson said on the call, adding that “while this is modestly later than we had intended, this timing remains within the margin of error we have anticipated and conveyed throughout 2024.”
Aurora (AUR) plans to launch the Aurora Drive with a “crawl, walk, run” approach, by deploying up to 10 driverless trucks in commercial operations during the launch, beginning with just one driverless truck before transitioning the balance to all driverless.
In the second half of 2025, Aurora’s (AUR) focus will be expanding product capabilities, adding new lanes, and increasing capacity to tens of trucks by the end of the year.
The company expects to earn a profit by 2026.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。