TuSimple Accelerates Into Turmoil Fast Lane as Co-Founders Fire Board
Just weeks after the autonomous truck company’s board fired CEO and co-founder Hou Xiaodi for undisclosed insider dealings, Hou and his other co-founder fired the entire boardKey Takeaways:TuSimple’s two co-founders…
TuSimple Looks to Decouple From China. Others to Follow?
Autonomous truck technology company is reportedly looking to sell its China business for about $1 billion Key Takeaways: Autonomous truck company TuSimple is reportedly looking to spin off its China…
TuSimple Paves the Way for Its Truck Technology Commercialization
Company reaches settlement with U.S. national security regulator, but spooks investors with elevation of its co-founder CTO to chairman and CEO positions Key Takeaways: TuSimple announced that co-founder and CTO…
TuSimple Stuck in Low Revenue, Loss-Making Zone as It Eyes First Driverless Truck Trips
Company aims for first fully autonomous journeys before the end of the year but faces stiff competition and an uphill battle to commercialize Key takeaways: TuSimple’s third-quarter loss widened as…
Trucking Specialist TuSimple’s Latest Report Is Hardly Simple
Second-quarter results show company in rapid expansion mode, and increasingly placing its bets on U.S. market for self-driving trucks Key points: TuSimple’s recent hiring spree and growing stable of major…
Autonomous Truck Startup TuSimple Navigates Difficult Terrain Between U.S. and China
Company’s bumpy New York trading debut reflects investor indecision as it becomes world’s first autonomous driving technology firm to list Key Takeaways: TuSimple’s biggest strengths are its strong business partners…