FAST NEWS: TuSimple faces delisting for failure to file financial reports
The latest: Autonomous truck technology company TuSimple (TSP.US) said on Thursday it was notified by the Nasdaq that it faces potential delisting for failure to file its report for the quarter ended Sept.…
TSP.US
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:…
TSP.US
TuSimple Nearing End of the Road With Economic Espionage Allegations?
The U.S. national security regulator has reportedly asked the Justice Department to investigate the autonomous trucking startup’s co-founders for economic espionageKey Takeaways:TuSimple’s two co-founders and another top executive could be…
Huawei-backed Saimo Takes IPO Route Towards Driverless Tech
Saimo Technology, which provides simulation testing for autonomous driving, has filed to list on the Hong Kong Stock ExchangeKey Takeaways:Saimo Tech has applied for a Hong Kong IPO, but its…
FAST NEWS: TuSimple, Navistar Terminate Co-Development Deal
The Latest: Autonomous truck technology company TuSimple (TSP.US) said on Tuesday it has terminated its partnership with Navistar, a maker of commercial trucks and buses.Looking Up: TuSimple said termination of…
CHINA BULLETIN: Property Keeps Slumping
In this week’s issue local governments suffer from Covid payment burnout, China callers turn off 5G and Tencent dumps Meituan. On a scale of 1 to 10, we give the week a 6 for offshore-listed China stocks.
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…