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.

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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.

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Autonomous trucking company TuSimple last week successfully completed a fully autonomous semi-truck run on public roads in China without a human present in the vehicle and without human intervention. The company claims to have completed China's first so-called “driver-out” run.

TuSimple tests removing human driver from self-driving truck in China

SHANGHAI , June 15, 2023 /PRNewswire/ -- TuSimple Holdings, Inc ("TuSimple") (Nasdaq: TSP), a global autonomous driving technology company, today announced it has successfully completed China's first fully autonomous semi-truck run on open public roads without a human in the vehicle and without human intervention. "This marks another pivotal breakthrough for TuSimple and our leadership in the autonomous driving industry.

TuSimple Becomes First to Successfully Operate Driver Out, Fully Autonomous Semi-truck on Open Public Roads in China

Autonomous trucking software developer TuSimple successfully traveled nearly 39 miles on an open public road in China, safely navigating normal traffic. The truck had no human occupant or outside help, the company said.

TuSimple completes 39-mile driverless run in China traffic

Fully Driverless Test License awarded by Pudong New Area of Shanghai. TuSimple can now conduct SAE Level 4 fully autonomous Driver Out testing in the designated test areas of Yangshan Deep-water Port and Donghai Bridge.

TuSimple Among First to Receive Fully Driverless Test License in China

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TuSimple, a publicly traded company developing self-driving trucks, is doing regular test runs on an expressway in Japan, marking its entrance into the island nation, the company said Tuesday. The testing on Japan's Tomei Expressway, which connects Tokyo, Nagoya and Osaka, suggests TuSimple is doubling down on its Asia-focused business.

TuSimple has started testing its self-driving truck tech in Japan

TOKYO , June 5, 2023 /PRNewswire/ -- TuSimple Holdings, Inc. ("TuSimple") (Nasdaq: TSP), a global autonomous driving technology company, today announced it has begun Level 4 autonomous test runs on Japan's most critical freight corridor that connects the major cities of Tokyo, Nagoya, and Osaka. In 2021, TuSimple Japan, a subsidiary of TuSimple, completed a series of safety validation and testing work of its autonomous driving system with a local Japanese OEM's truck.

TuSimple's autonomous trucks commence testing on expressway in Japan

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A Tesla co-founder returns, TuSimple restructures again and Uber's stickiness strategy

The markets feared TuSimple stock would be delisted on May 15, but that didn't happen. While it deals with delisting concerns, TuSimple is also restructuring its operations.

TuSimple Stock Doubled in 5 Days. Here's All You Need to Know.

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More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023.

Spring 2023 Layoff Tracker: TuSimple, USAA, Accenture Cut Hundreds Of Jobs

TuSimple announced massive layoffs in the U.S. but has dropped plans to sell its Asia-Pacific business. This is good news for investors who have waited for things to get better at TuSimple.

Why TuSimple Stock Flew Another 31% Higher Today

TuSimple, the once high-flying autonomous trucks company that went public in 2021, is restructuring and laying off about 30% of its U.S. workforce as it works to preserve cash and stay in business.

TuSimple to lay off 30% of U.S workforce, keep China business

Autonomous trucking software developer TuSimple is cutting 300 more U.S. jobs — 30% of its global workforce. But it will keep its China operations, reversing a plan to sell or spin them off.

TuSimple cuts 300 more US jobs, will keep China operations

TuSimple (NASDAQ: TSP ) layoffs are coming for employees of the American autonomous trucking company as it plans major job cuts. The TuSimple layoffs will see the California-based company cut 300 jobs as part of a larger restructuring plan.

TuSimple Layoffs 2023: What to Know About the Latest TSP Job Cuts

Autonomous trucking company TuSimple Holdings Inc. TSP, +31.96% announced Thursday that its board of directors has approved an “additional restructuring plan” that will mean the elimination of 300 jobs, or about 30% of the company's workforce. After the layoffs, the company expects to have about 750 full-time-equivalent employees, TuSimple said in a morning filing with the Securities and Exchange Commission.

TuSimple to cut 30% of jobs, face Nasdaq panel in June over delisting notice

TuSimple Holdings Inc said on Thursday that it will restructure its U.S. operations and reduce headcount by 30% as it looks to preserve its balance sheet.

TuSimple to restructure US business, lay off 30% staff

Aligning capital spend with overall market conditions and pace of industry readiness Reorganization of U.S. operations and a reduction in force to focus development efforts No longer seeking strategic alternatives for Asia Pacific business SAN DIEGO , May 18, 2023 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global autonomous driving technology company, announced a restructuring plan for its U.S. operations that is intended to enable the company to continue maturing its technology while preserving the company's balance sheet. The company also announced it is no longer seeking strategic alternatives for its Asia Pacific subsidiaries.

TuSimple Holdings Announces Restructuring of U.S. Operations and Provides Update on Asia Pacific Business

TuSimple was warned that it was at risk of getting delisted from the Nasdaq as of May 15. However, it remains listed for now.

Why TuSimple Stock Rocketed 59% Higher Today

Autonomous trucking company TuSimple's stock shot up 28% Monday after the company narrowly dodged a delisting from the Nasdaq stock exchange. TuSimple's stock closed at $1.06 per share.

TuSimple gets temporary reprieve from Nasdaq delisting

TuSimple shares will vanish from the Nasdaq on Monday. The one-time leader in autonomous trucking software failed to file two corporate financial reports for 2022 on time.

TuSimple stock delisted from Nasdaq due to unfiled financial reports

It wasn't that long ago that self-driving trucks company TuSimple was on a tear — raising funds, locking in partnerships and hitting some development milestones that seemed to push to it to the front of the AV pack.

TuSimple continues its slide into the ether with new delisting warning

TuSimple hasn't filed its last quarterly and annual report with the SEC yet. The company has now received a notice of delisting.

Why TuSimple Stock Plunged Below $1 Today

TuSimple Holdings Inc said on Thursday it had received a delisting notice from the Nasdaq for failing to file its quarterly report on time, sending its shares tumbling by about 20% in early trading.

News for TuSimple Holdings Stock (TSP)