TuSimple Holdings

TuSimple Holdings, Inc. engages in the operation and development of autonomous trucks. It develops autonomous technology specifically designed for semi-trucks, which build the autonomous freight network in partnership with shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners. The company was founded by Mo Chen and Xiao Di Hou in 2015 and is headquartered in San Diego, CA.

Earnings data Q1 2021

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Earnings data Q4 2022

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Earnings data Q3 2023

Earnings data Q3 2024

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TuSimple Holdings, Inc. engages in the operation and development of autonomous trucks. It develops autonomous technology specifically designed for semi-trucks, which build the autonomous freight network in partnership with shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners. It operates through the USA and Asia Pacific geographical segments. The company was founded by Mo Chen and Xiao Di Hou in September 2015 and is headquartered in San Diego, CA.

SAN DIEGO , April 28, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global autonomous driving technology company, announced changes to the composition of the Board of Directors. On April 23, 2022, the TuSimple Board of Directors appointed Reed Werner to fill a vacancy on the Board, and announced that Mo Chen, co-founder and Board of Directors member, has decided not to stand for re-election.

TuSimple Announces Board Changes

SAN DIEGO , April 12, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global autonomous driving technology company based in San Diego, California, today announced that it will release its first-quarter 2022 financial results on Tuesday, May 3, 2022, after the market closes. Following the release via the wire services, TuSimple will host a conference call at 5 p.m.

TuSimple Announces First Quarter Results Conference Call and Investor Day 2022

Domino's Pizza

FedEx

Kroger

With soaring gas and metal prices, personal transportation is becoming very expensive. As AVs take off, autonomous vehicle stocks will roar.

Autonomous Vehicle Stocks Are Set for Explosive 10X Gains in a Hurry

Xiaodi Hou co-founded autonomous-driving startup TuSimple in 2015, but he just took over as CEO and chairman of the board March 3.

Weeks after surprising shuffle, new TuSimple CEO pledges to be an 'evangelist' for autonomous driving

SAN DIEGO , March 29, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, today announced its partnership with Loadsmith, the leading third-party logistics capacity as a service platform bridging the gap between shippers and carriers, to adopt, integrate and scale TuSimple's SAE L4 autonomous technology into their operations. The partnership is an important strategic component of Loadsmith's mission to address the driver shortage in North America, while focusing on delivering unparalleled safety, and efficiency.

TuSimple Partners with Loadsmith for 350 Unit Reservation for SAE L4 Operation

Key Takeaways: Autonomous truck company TuSimple is reportedly looking to spin off its China business, leaving its more advanced U.S. business as its main asset Such a spinoff could provide upside for company's stock by significantly reducing U.S. national security concerns By Doug Young.

TuSimple Looks to Decouple From China. Others to Follow?

SAN DIEGO , March 21, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global autonomous driving technology company, announced today that its Board of Directors, with full support from its management team, intends to explore certain transactions at a subsidiary level for its Asia-Pacific-focused businesses. The Board believes that such a transaction can highlight value in the Company's Asia-Pacific-focused businesses and enhance overall value for shareholders.

TuSimple Statement Regarding Exploratory Process for Asia-Pacific Businesses

TuSimple (TSP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

TuSimple (TSP) Surges 22.4%: Is This an Indication of Further Gains?

TuSimple Holdings shares, battered since announcing a sudden leadership change earlier in March, rebounded Wednesday after Reuters reported the autonomous truck developer may offload its autonomous trucking business in China. TuSimple (NASDAQ: TSP), which leads the commercialization of autonomous trucking in the U.S., hasn't talked much about its China business, which focused on deepwater ports near Shanghai.

TuSimple may sell autonomous truck business in China to boost share price

The autonomous-truck start-up could make a huge business decision soon.

Why TuSimple Stock Is Jumping 25% Today

Autonomous trucking startup TuSimple Holdings Inc (NASDAQ: TSP) looked to divest its China business for up to $1 billion, Reuters reports. TuSimple approached several Chinese investors, including private equity firm Boyu Capital, searching for potential buyers.

TuSimple Shares Soar As It Looks To Divest China Operations

TuSimple Holdings Inc (NASDAQ: TSP) shares are up 3.0% this morning after influential investor Cathie Wood loaded up on her stake in the autonomous trucking company. Cathie Wood bought another 260,318 TuSimple shares Wood bought another 260,318 shares of TuSimple Holdings on Monday, worth about $2.79 million.

Cathie Wood increased her exposure in this autonomous trucking company

Cathie Wood-led Ark Investment Management on Monday further raised its exposure in self-driving trucking company TuSimple Holdings Inc (NYSE: TSP) on the dip. The popular stock-picking firm loaded up 260,318 shares — estimated to be worth $2.79 million based on Monday's closing.

Cathie Wood Loads Up $2.8M In This Self-Driving Trucking Company As Shares Plunge 38% In A Week

For a young public company known for transparency, TuSimple Holdings' sudden replacement of Cheng Lu as CEO with co-founder Xiaodi Hou showed that unexpected moves rattle investors. And shaken investors sell stock.

Analysis: Normally transparent TuSimple bungles leadership change, rattling investors

The San Diego-based developer of robot truck technology unexpectedly said cofounder and CTO Xiaodi Hou, who dreamed up the company and created its core technology, was replacing Cheng Lu as CEO and chairman.

TuSimple Shares Plunge After Robot Truck Company Spooks Market With CEO Shakeup

TuSimple Holdings Inc's (NASDAQ: TSP) Co-Founder and CTO Xiaodi Hou succeeds Cheng Lu as President and Chief Executive Officer and Mo Chen as Chairman of the Board, effective today. Lu will serve as an Advisor until March 2023 to ensure an effective transition.

TuSimple Names Xiaodi Hou As CEO, Chairman

SAN DIEGO , March 3, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP) today announced its executive leadership succession plan. TuSimple Co-Founder and CTO Xiaodi Hou will succeed Cheng Lu as President and Chief Executive Officer and succeed Mo Chen as Chairman of the Board, effective today.

TuSimple Announces CEO and Chairman Succession Plan

The Committee on Foreign Investment in the United States (CFIUS) has wrapped up its national security probe into autonomous truck software developer TuSimple Holdings Inc., which agreed to limited U.S. oversight and pledged to keep U.S.-developed core technology out of China. “I think in short this is a clean bill of health from the U.S. government,” TuSimple CEO Cheng Lu told FreightWaves on Tuesday evening.

US takes limited oversight of TuSimple as foreign investment probe ends

TuSimple Holdings, Inc. (TSP) CEO Cheng Lu on Q4 2021 Results - Earnings Call Transcript

SAN DIEGO, Feb. 9, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, has released unaudited financial results for the fourth quarter ending December 31, 2021. TuSimple's complete quarterly financial results and management commentary can be accessed through the company's shareholder letter on the quarterly results page of the investor relations website at ir.tusimple.com.

TuSimple Announces Fourth Quarter 2021 Results

TuSimple's (TSP) fourth-quarter 2021 earnings are expected to have improved sequentially.

What's in the Offing for TuSimple (TSP) in Q4 Earnings?

Union Pacific

TuSimple, which conducted its first driverless freight run in late December, is moving up its autonomous trucking commercialization plans to late 2023, including intermodal operations with Union Pacific in the Port of Tucson in Arizona this spring. San Diego-based TuSimple Holdings (NASDAQ: TSP) said Tuesday it has completed seven trips of about 80 miles each with no one in the cab from the Port of Tucson to the Phoenix area.

TuSimple will haul ‘driver out' intermodal freight loads for Union Pacific

The freight rail giant will be the first customer to use TuSimple's automated trucking network between Tucson and Phoenix, Arizona.

TuSimple To Haul Freight For Union Pacific In ‘Driver Out' Robot Trucks

SAN DIEGO, Feb. 2, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global autonomous driving technology company, today announced that Union Pacific Railroad, the largest Class I railroad in the U.S., will become the first customer to move freight on TuSimple's fully-automated trucking route between the Tucson and Phoenix, Arizona metro areas. Union Pacific is leveraging Loup Logistics (Loup), a wholly-owned subsidiary, to coordinate the freight shipment and support seamless movement between rail and the critical first and last mile.

TuSimple Automates Nation's First Trucking Lane in Arizona, Will Haul Driver Out Freight for Union Pacific Railroad

TuSimple Holdings Inc (NASDAQ: TSP) collaborated with Hillwood, an industrial and commercial real estate developer, to integrate its infrastructure specifications into current and future industrial and commercial properties. With the expansion of the TuSimple Autonomous Freight Network, Hillwood is actively preparing to meet the demand for autonomous trucks by getting properties ready for autonomous trucking operations.

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