TuSimple Winds Down U.S. Operations as It Looks for Buyer

[ad_1] Self-driving trucking company TuSimple Holdings said Monday that it is winding down its U.S. business, reducing its workforce to about 30 people as it looks for a buyer for…

TuSimple Announces First Half 2023 Results

[ad_1] Financial Highlights Restructured the company’s operations with the aim to better align capital spending with overall industry readiness and incurred charges of $10.4 million. Reported Loss from Operations of…

TuSimple Announces Fourth Quarter 2022 Results and Business Updates

[ad_1] Business Highlights Company continued to advance L4 autonomous technology and capabilities globally. Global patent portfolio increased 34%, from the beginning of 2022 until the ending of 2022, at 519…

TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

[ad_1] The notice is part of the compliance plan previously approved by Nasdaq. TuSimple intends to file the other delayed reports on or before the compliance date. SAN DIEGO, Aug. 18,…

TuSimple to Explore Strategic Alternatives for its U.S.-based Operations

[ad_1] TuSimple is exploring strategic alternatives for the U.S. business, including a possible sale. If this process results in a sale of TuSimple’s U.S. business, TuSimple would remain a global…

WSJ News Exclusive | Leaders of Self-Driving-Truck Company Face Espionage Concerns Over China Ties

[ad_1] WSJ News Exclusive National Security National-security review sparked concerns over TuSimple’s alleged tech transfer to China [ad_2] Source link

WSJ News Exclusive | TuSimple Plans Layoffs That Could Cut at Least Half Its Workforce Next Week

[ad_1] WSJ News Exclusive Business Self-driving truck company also plans to scale back autonomous driving testing [ad_2] Source link