TuSimple touts milestones, but investors want overhaul
The autonomous truck driving company announced it has received an important new certification, a month after its fleet passed the 10 million mile mark for total distance driven Key Takeaways:…
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 Sacks Chairman, CEO and CTO on Insider Dealing Suspicions
Autonomous truck driving firm terminated co-founder Hou Xiaodi after learning of undisclosed dealings with a Chinese rival whose CEO was another TuSimple co-founder Key Takeaways: TuSimple sacked Hou Xiaodi, its…
TuSimple Moves Closer to China Exit Ramp as Questions Loom on U.S. Commercialization
The autonomous trucking company has reportedly received a non-binding deal to sell its Asia operations to Geely, China’s largest private carmaker Key Takeaways: China’s largest private auto group may acquire…
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…