Autonomous driving technology company TuSimple is cutting staff in a bid to save money, preserve cash, and refocus the company headed into more difficult economic times. The company (ticker: TSP) anno...
Tag: TuSimple
Layoffs are coming for self-driving truck company TuSimple
Autonomous trucking technology company TuSimple plans to cut a chunk of its workforce, potentially as early as this week, according to The Wall Street Journal, which cited “people familiar with ...
TuSimple Holdings stock on a downward spiral on looming layoffs
After losing nearly 96% year-to-date, TuSimple Holdings Inc. (NASDAQ:TSP) stock decline could be far from over. Stock market reports over the weekend indicated that the company was looking at cutting ...
Self-driving truck company TuSimple to lay off hundreds days before Christmas: report
Global self-driving trucking company TuSimple Holdings Inc. is reportedly set to lay off at least 700 employees next week, just before the Christmas holiday. The San Diego-based tech company, which ha...
TuSimple And Navistar End Self-Driving Truck Development Deal
TuSimple Holdings Inc (NASDAQ: TSP) and Navistar agreed to terminate their co-development under the 2020 Joint Development Agreement. “I decided to return as TuSimple’s CEO to address the ...
Robot Truck Developer TuSimple At Risk Of Nasdaq Delisting After Founders Fire Its Board
Xiaodi Hou, cofounder and ex-CEO of TuSimple has fired the company’s board with the aid of fellow cofounder Mo Chen. Tim Pannell/The Forbes Collection TuSimple, a leading developer of autonomous...
TuSimple CEO fired over improper ties to Chinese firm Hydron
TuSimple, partly owned by UPS, makes self-driving trucks, a technology that may be among the innovations to help lower longer-run inflation in the transport sector. Source: TuSimple Self-driving truck...
TuSimple Stock Plunges After Firing CEO Amid Probe Into China Ties
Updated at 9:10 am EST TuSimple Holdings (TSP) shares plunged lower Monday after it fired CEO Xiaodi Hou following weekend reports that the self-driving truck company is facing a series of federal p...
Convoy Of Self-Driving Trucks About To Put The Hammer Down
Autonomous trucking is arriving ahead of schedule and not a moment too soon. It’s happening, along desolate highway stretches, largely in the southwest – heavy-duty 18-wheelers are test-piloting thems...
AI Upstart Waabi Adding Self-Driving Veterans In Race To Commercialize Robot Trucks
The Toronto-based company is expanding to add hardware engineers to integrate sensors, lidar, vision and computing systems into trucks as it shifts to real-world testing. Waabi, an autonomous driving ...
TuSimple Shares Plunge After Robot Truck Company Spooks Market With CEO Shakeup
TuSimple was the first autonomous driving company to list shares publicly in the U.S. and began testing robot trucks without a human backup driver in late 2021. TuSimple Shares of TuSimple, a San Dieg...
An Epidemic Of Questionable Assertions
Questionable assertions are rapidly multiplying in the self-driving car space. getty Self-driving vehicles require relentless scrutiny. However, some fundamental misunderstandings cause industry obser...
Truck Automation Players Take Las Vegas By Storm At Manifest 2022
Automated trucks from seven developers at Manifest 2022 Richard Bishop We are awash with a myriad of conferences and symposiums about automated driving. There’s a lot of good offerings out there, but ...
Self Driving Stock TuSimple Jumps On a Kind Of New Buy Rating.
Text size TuSimple provides self-driving technology for heavy-duty trucks Courtesy of TuSimple Shares of TuSimple Holdings , a provider of technology for self-driving vehicles, are up in Thursday trad...