Self-driving tech firm TuSimple plans to delist from Nasdaq
- TuSimple Holdings said it has decided to voluntarily delist from the Nasdaq and terminate its registration with the U.S. securities regulator, sending the autonomous driving technology company's shares down 40% in premarket trading.
- 01/17/2024
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TuSimple Announces Intention to Delist from Nasdaq
- SAN DIEGO , Jan. 17, 2024 /PRNewswire/ -- TuSimple (Nasdaq: TSP) (the "Company") today announced its decision to voluntarily delist the Company's common stock from The Nasdaq Stock Market LLC ("Nasdaq") and to terminate the registration of its common stock with the Securities and Exchange Commission (the "SEC"). The decision to delist and deregister was made by a Special Committee (the "Special Committee") of the Board of Directors (the "Board") of the Company, comprised solely of independent directors.
- 01/17/2024
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TuSimple's self-driving trucks up for auction following U.S. exit
- Ten of TuSimple's autonomous big rigs are set to be auctioned off later this month, just a few weeks after the self-driving trucking startup that went public in 2021 announced it was exiting the U.S. market.
- 01/12/2024
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Cruise faces fines, TuSimple exits the U.S. and a new reporter joins the TC transpo team
- The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox.
- 12/10/2023
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Autonomous Trucking Company TuSimple Begins Winding Down Operations in US
- Autonomous trucking company TuSimple is laying off most of its U.S. staff and winding down its operations in the country. The company is reducing its U.S. workforce by about 150 employees, which is 75% of its U.S. staff and 19% of its global workforce, TuSimple said in a Monday (Dec.
- 12/05/2023
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TuSimple's Cutting More Jobs. Why It's More Gloom for the Self-Driving Truck Start-Up.
- Restructuring plans can be beneficial for companies and investors but three in the space of a year is never a good sign.
- 12/05/2023
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Autonomous-truck company TuSimple to wind down U.S. operations, slash jobs
- Autonomous-truck company TuSimple Holdings Inc. is winding down its U.S. operations and slashing its workforce following a tumultuous year.
- 12/04/2023
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TuSimple Announces Third Quarter 2023 Results
- Business Highlights Released the results of a fuel efficiency study in the U.S. comparing over 30,000 miles of autonomous and manually driven miles that resulted in efficiency gains of 11%. Continued to progress across multiple L4 use cases and testing capabilities in our APAC business performed in close collaboration with OEMs.
- 11/09/2023
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TuSimple Announces First Half 2023 Results
- 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 $178.0 million and AEBITDA loss of $134.4 million for the six months ended June 30, 2023.
- 09/27/2023
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Why Auto Stocks Were So Jumpy on Friday
- The United Auto Workers' strike got underway just after midnight. Investors parked funds in stocks not directly affected by the labor action.
- 09/15/2023
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Why TuSimple Holdings Stock Raced 13% Higher Today
- The autonomous-truck technology specialist published its fourth-quarter and full-year 2022 results after months of delay. They showed that its key fundamentals are improving, at least on an annual basis.
- 09/07/2023
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TuSimple Announces Fourth Quarter 2022 Results and Business Updates
- 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 patents granted globally.
- 09/07/2023
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TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
- 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.
- 08/18/2023
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Inside Aurora's autonomous trucking operation in Texas
- While other autonomous startups such as Starsky Robotics and TuSimple have folded or scaled back efforts in the U.S., Aurora is delivering loads in Texas.
- 08/06/2023
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5 Penny Stocks To Watch Under $5 This Week
- Picture this: you're sat with a pile of ‘pennies' in your hand, and you're daydreaming about turning those pennies into dollars. Not in the usual sense, though, you're thinking about penny stocks.
- 07/19/2023
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Why TuSimple Holdings Tumbled Today
- The self-driving truck solutions developer said it is exploring "strategic alternatives" for its U.S. business. It has retained a veteran financial services provider to aid it in the process.
- 06/30/2023
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Why Shares of TuSimple Holdings Crashed Today
- TuSimple is seeking strategic options for its U.S. business. The company avoided a delisting from the Nasdaq in May.
- 06/29/2023
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Autonomous trucking company TuSimple seeks deal for U.S. business
- Autonomous trucking company TuSimple Holdings Inc. TSP, +3.13% said late Wednesday it was “evaluating strategic alternatives” for its U.S. business, and has hired Perella Weinberg Partners as an adviser to explore potential deals. If a sale goes through, TuSimple would keep Asia-Pacific operations and in other “major” global markets, it said.
- 06/28/2023
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TuSimple may sell US business as it turns attention to Asia
- Self-driving truck developer TuSimple may sell its U.S. business, the company said in a regulatory filing Wednesday. TuSimple, which is on the verge of being delisted from the Nasdaq stock exchange for failing to file two quarterly reports, said it is exploring strategic alternatives for its U.S. business, including a possible sale.
- 06/28/2023
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TuSimple prepares to exit US autonomous trucking market
- Having laid off more than half its U.S. workforce and turned its attention to China, autonomous truck software pioneer TuSimple is taking steps to exit the U.S. market it once led. The move follows months of turmoil in the boardroom that stained its reputation.
- 06/28/2023
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3 Penny Stocks to Buy For Under $4 But Are They Worth The Risk?
- If you're looking to buy penny stocks right now, you've got your work cut out for you. The massive volatility in the stock market today is unlike what many have seen in recent years.
- 06/21/2023
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TuSimple tests removing human driver from self-driving truck in China
- 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.
- 06/19/2023
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TuSimple completes 39-mile driverless run in China traffic
- 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.
- 06/15/2023
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Best Penny Stocks To Buy? 5 With Big News This Week
- Are you searching for some of the best penny stocks to buy now? I'm sure that if you're reading this article, that's something at the top of your mind.
- 06/07/2023
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TuSimple has started testing its self-driving truck tech in Japan
- 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.
- 06/06/2023
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A Tesla co-founder returns, TuSimple restructures again and Uber's stickiness strategy
- Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. It was another busy week in the transportation world and no surprise, Tesla was one of the headliners.
- 05/21/2023
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TuSimple Stock Doubled in 5 Days. Here's All You Need to Know.
- 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.
- 05/19/2023
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5 Top Penny Stocks To Watch Today; Time To Buy?
- 5 hot penny stocks to watch right now. The post 5 Top Penny Stocks To Watch Today; Time To Buy?
- 05/19/2023
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Spring 2023 Layoff Tracker: TuSimple, USAA, Accenture Cut Hundreds Of Jobs
- More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023.
- 05/18/2023
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Why TuSimple Stock Flew Another 31% Higher Today
- 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.
- 05/18/2023
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TuSimple to lay off 30% of U.S workforce, keep China business
- 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.
- 05/18/2023
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TuSimple Layoffs 2023: What to Know About the Latest TSP Job Cuts
- 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.
- 05/18/2023
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TuSimple to cut 30% of jobs, face Nasdaq panel in June over delisting notice
- 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.
- 05/18/2023
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Why TuSimple Stock Rocketed 59% Higher Today
- TuSimple was warned that it was at risk of getting delisted from the Nasdaq as of May 15. However, it remains listed for now.
- 05/17/2023
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TuSimple gets temporary reprieve from Nasdaq delisting
- 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.
- 05/15/2023
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TuSimple stock delisted from Nasdaq due to unfiled financial reports
- 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.
- 05/14/2023
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TuSimple continues its slide into the ether with new delisting warning
- 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.
- 05/11/2023
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TuSimple gets Nasdaq delisting notice for failing to file quarterly report
- 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.
- 05/11/2023
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3 Stocks to Watch From a Promising Technology Services Industry
- The Zacks Technology Services industry seeks to benefit from increased digitization and dependency on technology, and the growing adoption of the multi-cloud model. TT, IQV and TSP are well-positioned to witness a demand surge.
- 05/05/2023
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Exclusive: TuSimple needs to win markets, customers as it stabilizes
- TUCSON, Ariz. — Cheng Lu mostly watched from the sidelines for seven months as autonomous trucking startup TuSimple nearly imploded from the pressure of internal politics and external investigations.
- 03/30/2023
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With $1B in the bank, reputationally dinged TuSimple looks ahead
- TUCSON, Ariz. — TuSimple Holdings needs closure on a raft of investigations before it can reclaim technology leadership in the nascent autonomous trucking industry.
- 03/28/2023
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Cruise Origin rolls into Austin, WeRide makes its IPO move and TuSimple stirs up more drama
- The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox.
- 03/20/2023
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Ousted TuSimple co-founder says frustrated employees came to him
- TuSimple co-founder Xiaodi Hou claims his forced resignation from the autonomous trucking software startup came in retaliation for refusing to support the compensation package for Cheng Lu, the CEO he pushed out a year ago but who was rehired in November. In a LinkedIn post, Hou claimed current and ex-employees of the autonomous trucking startup sought him.
- 03/15/2023
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TuSimple co-founder blames exit on CEO pay and autonomy downgrade
- TuSimple co-founder Xiaodi Hou has refuted allegations from senior leadership that he was trying to poach staff for his new company.
- 03/14/2023
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TuSimple co-founder resigns, accused of poaching staff for new venture
- TuSimple's co-founder, Xiaodi Hou, resigned from the company's board of directors last week amid an internal investigation which sought to verify claims that Hou approached TuSimple employees about leaving the company to join his new venture, per an SEC filing.
- 03/14/2023
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3 Service Stocks Poised to Beat Earnings Estimates in Q4
- Here we pick three business service stocks, namely PagSeguro Digital (PAGS), Veradigm (MDRX) and TuSimple (TSP), which are likely to pull off earnings surprises this time around.
- 02/22/2023
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3 Stocks to Watch From a Promising Technology Services Industry
- The Zacks Technology Services industry seeks to benefit from the increased dependency on technology, digitization and growing adoption of the multi-cloud model. TT, MTTR and TSP are well poised to witness a demand surge.
- 02/14/2023
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TuSimple denies report of push for espionage investigation
- At least one member of a federal watchdog group urged an espionage investigation into the founders and CEO of autonomous truck developer TuSimple Holdings, The Wall Street Journal reported Wednesday. But the company denied the report and said it continues to cooperate with the Committee on Foreign Investment in the United States (CFIUS).
- 02/01/2023
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5 Best and Worst Performing Small-Cap Stocks in Q4 2022
- The fourth quarter of 2022 was relatively better for the stock markets, with the S&P 500 up over 7% (its only positive quarterly return for the year).
- 01/26/2023
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TuSimple (TSP) Upgraded to Buy: Here's Why
- TuSimple (TSP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 01/02/2023
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Self Driving Startup TuSimple Slashes Staff in Bid to Right the Ship.
- TuSimple announced it is cutting about 25% of its staff, or about 350 people, to save $55 to $65 million annually. The company will have about 1,100 people when the restructuring is complete.
- 12/22/2022
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TuSimple lays off 350 employees as its fortunes worsen
- TuSimple Holdings laid off 350 employees — 25% of its workforce — on Wednesday, the latest blow to the autonomous trucking pioneer's declining fortunes. Of the approximately 1,100 employees who remain, 80% are in research and development.
- 12/21/2022
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Autonomous-trucking company TuSimple to slash 25% of staff, citing "macroeconomic conditions"
- TuSimple Holdings Inc. [s:tsp], a company developing autonomous-truck technology, said Wednesday it would lay off 25% of its total workforce, or around 350 employees, and pull back on some trucking and freight operations, citing "macroeconomic conditions." Most of the cuts will take place in TuSimple's U.S. business, the company said, adding that it "continues its plan to explore strategic alternatives for its Asia business, including a divestiture.
- 12/21/2022
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Self-driving truck company TuSimple to lay off 25% of workforce
- Well, we knew it was coming. Self-driving trucking technology company TuSimple confirmed Wednesday it plans to lay off 25% of its total workforce as part of a broader restructuring plan designed to keep the company running.
- 12/21/2022
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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 the matter.
- 12/19/2022
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TuSimple Layoffs: What to Know About the Latest TSP Job Cuts
- A contrast in implications, shares of autonomous truck-driving systems provider TuSimple's (NASDAQ: TSP ) stock popped higher on Monday morning. However, the catalyst for TSP stock stemmed from a less-than-encouraging development.
- 12/19/2022
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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 50% of its workforce.
- 12/19/2022
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TuSimple moves to fix its boardroom deficiencies
- Autonomous trucking developer TuSimple Holdings moved Friday to fill corporate governance holes, naming two additional independent directors and making its interim CFO permanent. The moves are necessary to ensure San Diego-based TuSimple regains compliance with the Nasdaq to retain its listing.
- 12/17/2022
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Self-driving truck company TuSimple to lay off hundreds days before Christmas: report
- Global self-driving technology company TuSimple Holdings Inc. will reportedly lay off half of its workforce next week, just before Christmas.
- 12/17/2022
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TuSimple Is Ruined
- TuSimple is falling apart and likely will be gone soon. The Wall Street Journal reports it is in such bad shape that it will cut half its workforce.
- 12/17/2022
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TuSimple Plans Layoffs That Could Cut at Least Half Its Workforce
- The self-driving trucking company plans to cut potentially at least half of its workforce next week, as it scales back efforts to build and test autonomous truck-driving systems.
- 12/16/2022
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TuSimple plans to layoff half its workforce next week - WSJ
- Self driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week, WSJ reported.
- 12/16/2022
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Self-driving trucking firm TuSimple appoints CFO, reconstitutes audit panel
- TuSimple Holdings Inc appointed interim financial chief Eric Tapia on a permanent basis and reconstituted its audit committee, the self-driving trucking firm said on Friday, weeks after an internal probe revealed links to a China-backed firm.
- 12/16/2022
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Vinfast takes the IPO path, TuSimple and Navistar break up and Rad Power Bikes makes its most important product yet
- The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox.
- 12/12/2022
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Commentary: $1B balance sheet could help limit TuSimple's reputation damage
- “When winter comes, I'll keep on moving. Tell me where my friends go.
- 12/08/2022
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Why TuSimple Holdings Stock Tripped and Fell on Wednesday
- A new analysis of the company paints a rather bleak picture of its prospects.
- 12/07/2022
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TuSimple, Navistar end autonomous truck partnership
- TuSimple Holdings and Navistar Inc. are going their separate ways. Their two-year marriage intended to birth a purpose-built Class 8 autonomous truck for long-haul freight is ending in divorce.
- 12/06/2022
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TuSimple and Navistar end deal to co-develop autonomous trucks
- Autonomous trucking technology company TuSimple and truck manufacturer Navistar have scrapped their deal to co-develop self-driving trucks, the companies said Monday. Neither company provided a reason for ending the partnership.
- 12/05/2022
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TuSimple, Navistar scrap deal to develop self-driving trucks
- TuSimple Holdings Inc and Navistar have ended a deal to co-develop self-driving trucks, the companies announced on Monday.
- 12/05/2022
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Co-founder takes control of TuSimple amid federal probe into self-driving trucking company
- TuSimple Holdings Inc. co-founder Mo Chen has taken control of the self-driving trucking company as federal authorities continue to investigate TuSimple's relationship with Chen's other startup, a Chinese hydrogen-trucking company.
- 11/16/2022
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7 Stocks Rattled by Corporate Scandals and Shenanigans in 2022
- High inflation and soaring interest rates have been the main factor behind the double-digit stock downturn so far this year, but alongside these macro factors, many stocks have plunged due to more company-specific issues—for example, corporate scandals. These scandals run the gamut, both in the type of scandal and the severity of the scandal.
- 11/16/2022
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Is It Time to Buy the Nasdaq's 2 Worst-Performing October Stocks?
- Can these losers turn it around?
- 11/15/2022
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TuSimple co-founders clapback, consolidation continues and Waymo reaches two milestones
- The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox.
- 11/14/2022
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3 Technology Services Stocks to Watch From a Promising Industry
- The Zacks Technology Services industry seeks to benefit from the increased digitization and dependency on technology and the growing adoption of the multi-cloud model. IQV, MTTR and TSP are well-positioned to witness a demand surge.
- 11/11/2022
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TuSimple names new CEO, replaces ex-boss fired after probe into ties to Chinese firm
- TuSimple Holdings Inc's former chief executive Cheng Lu is returning to the role, days after the self-driving trucking company fired his predecessor following an internal probe that showed some employees had ties and shared information with a China-backed firm.
- 11/11/2022
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TuSimple Co-Founder Ousts Board That Fired Him
- Turmoil at the self-driving trucking company comes as the FBI, SEC probe TuSimple's ties to a Chinese startup.
- 11/10/2022
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Robot Truck Developer TuSimple At Risk Of Nasdaq Delisting After Founders Fire Its Board
- The move comes less than two weeks after cofounder Xiaodi Hou was ousted as CEO.
- 11/10/2022
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Source: Cheng Lu to return as CEO at TuSimple
- Cheng Lu, ousted as CEO of autonomous truck developer TuSimple in an unannounced succession plan in March, will return to his former role following the board of directors firing of co-founder Xiaodi Hou on Oct. 30, according to a knowledgeable source. TuSimple was expected to make the announcement late Thursday.
- 11/10/2022
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Trouble brews at Arrival, TuSimple ousts its CEO and Cruise expands in San Francisco
- The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox.
- 11/07/2022
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TuSimple: Cathie Wood Favorite Plunges After CEO Fired
- Shares plunge after CEO fired amidst Chinese ties. Ark Invest is a major holder, even after Monday's sales.
- 11/01/2022
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Why TuSimple Holdings Stock Got Thrashed Today
- Compounding its existing problems, the self-driving truck specialist reported a disappointing third quarter.
- 11/01/2022
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TuSimple expects to quickly fill CEO post after firing co-founder
- In the wake of firing its CEO and a huge hit to its share price, autonomous trucking developer TuSimple said it expects to permanently fill the top spot quickly and press ahead with its commercialization strategy.
- 11/01/2022
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TuSimple Holdings, Inc. (TSP) Q3 2022 Earnings Call Transcript
- TuSimple Holdings, Inc. (NASDAQ:TSP ) Q3 2022 Earnings Conference Call November 1, 2022 8:00 AM ET Company Participants Ryan Amerman - Senior Director of Investor Relations Ersin Yumer - Interim CEO Eric Tapia - Interim Chief Financial Officer Brad Buss - Chairman Conference Call Participants Jordan Levy - Truist Securities Ravi Shanker - Morgan Stanley Brian Ossenbeck - JPMorgan Colin Rusch - Oppenheimer & Co. Inc. Nick Doyle - Needham & Company Joseph Spak - RBC Capital Markets Jeffrey Osborne - Cowen and Company, LLC Operator Good day and welcome to the TuSimple's Third Quarter 2022 Earnings Conference Call. All participants are now in a listen-only mode.
- 11/01/2022
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TuSimple (TSP) Reports Q3 Loss, Tops Revenue Estimates
- TuSimple (TSP) delivered earnings and revenue surprises of 13.79% and 14.55%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/31/2022
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Self-driving truck company TuSimple fires CEO amid federal probes
- TuSimple Holdings Inc., a self-driving trucking company, said Monday it had fired its chief executive and co-founder, Xiaodi Hou.
- 10/31/2022
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TuSimple CEO and co-founder fired by board over ties to Chinese startup Hydron
- TuSimple co-founder Xiaodi Hou was fired from his CEO, president and CTO posts by the autonomous trucking company's board, according to a securities filing Monday. Hou, who co-founded TuSimple in 2015 with Mo Chen, was also removed from his position as chairman of the board and member of the board's government security committee.
- 10/31/2022
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TuSimple's Hou says he was removed as chair, CEO 'without cause'
- The former chief executive of self-driving technology company TuSimple , Xiaodi Hou, on Monday confirmed he had been removed as chairman and CEO by the company's board, adding in a WeChat post the move was "without cause."
- 10/31/2022
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Why TuSimple Stock Crashed and Burned Today
- The hits just keep coming for the self-driving truck company.
- 10/31/2022
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TuSimple fires co-founder as CEO amid federal probes, board inquiry
- TuSimple Holdings on Monday fired co-founder Xiaodi Hou as chairman, CEO and chief technology officer amid federal probes and an internal investigation of the company's dealings with China.
- 10/31/2022
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TSP Stock Alert: 9 Things to Know as TuSimple Says Goodbye to CEO
- TuSimple (NASDAQ: TSP ) stock is on the move Monday as investors react to the company removing CEO Dr. Xiaodi Hou. Let's go over everything investors in TSP stock need to know about today's news.
- 10/31/2022
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Self-driving truck startup TuSimple fired its CEO over improper ties to a Chinese firm
- TuSimple fired its CEO after its board found improper dealings with a Chinese startup.
- 10/31/2022
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TuSimple probed by FBI, SEC over ties to Chinese startup- WSJ
- Self-driving truck startup TuSimple Holdings Inc is being investigated by the FBI, U.S. Securities and Exchange Commission (SEC) and Committee on Foreign Investment about its relationship with China-backed Hydron Inc, the Wall Street Journal reported on Sunday.
- 10/30/2022
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TuSimple Probed by FBI, SEC Over Its Ties to a Chinese Startup
- Government authorities are investigating whether the U.S. self-driving trucking company defrauded investors by financing and transferring technology to China-backed Hydron.
- 10/30/2022
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The Top 5 Stocks Cathie Wood Bought and Sold This Week
- It has been another volatile week for Cathie Wood's flagship exchange-traded fund (ETF), the ARK Innovation ETF (NYSEARCA: ARKK ). Shares of ARKK recently hit a five-year low and 52-week low of $33.74.
- 10/21/2022
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Join TuSimple's Third Quarter 2022 Results and Conference Call, November 1, 2022
- SAN DIEGO , Oct. 12, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP) will release its third-quarter 2022 financial results on Tuesday, November 1, 2022, after the market close. Following the release via the wire services, TuSimple will host a conference call at 2 p.m.
- 10/12/2022
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Jim Cramer's 'dirty dozen' stocks that underscore the carnage in the IPO market
- This year's market downturn has hit the IPO market hard.
- 09/27/2022
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The Top 5 Stocks Cathie Wood Is Buying This Week
- Exchange-traded fund (ETF) manager Cathie Wood made headlines this week after she announced that she would cede control of her role as portfolio manager for the 3D Printing ETF (BATS: PRNT ) and the ARK Israel Innovative Technology ETF (BATS: IZRL ). Both ETFs carry over $100 million in assets under management.
- 09/23/2022
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Cathie Wood Keeps Buying TuSimple (TSP) Stock
- Source: T. Schneider / Shutterstock TuSimple (NASDAQ: TSP ) stock is in the spotlight following Cathie Wood's persistent purchases of the autonomous truck technology company. Between Sept.
- 09/21/2022
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TuSimple (TSP) Upgraded to Buy: Here's What You Should Know
- TuSimple (TSP) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 09/15/2022
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Should You Buy the Nasdaq's 10 Worst-Performing 2022 Stocks?
- The best performer on this list has lost three-fourths of its value this year.
- 09/08/2022
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TuSimple to Participate in Upcoming Investor Conferences
- SAN DIEGO , Sept. 5, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, today announced its participation in the following investor conferences.
- 09/05/2022
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3 Stocks to Buy in a Challenging Technology Services Industry
- The Zacks Technology Services industry seeks to benefit from the COVID-driven dependency on technology, increased digitization and growing adoption of the multi-cloud model. OPEN, TSP and MTTR are well poised to witness a demand surge.
- 08/08/2022
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TuSimple to Participate in Upcoming Investor Conferences
- SAN DIEGO , Aug. 3, 2022 /PRNewswire/ -- TuSimple (NASDAQ: TSP), a global self-driving technology company based in San Diego, California, today announced its participation in the following investor conferences. On Tuesday, August 9, 2022, at 9:00 a.m.
- 08/03/2022
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TuSimple sees no change in business model in wake of safety probe
- TuSimple co-founder and CEO Xiaodi Hou on Tuesday responded to concerns from financial analysts on potential repercussions of a safety investigation following an April 6 crash involving one of its driverless trucks. “This was an incident with a correctable flaw, not a material change to our business model,” Hou asserted during the company's second-quarter analyst call.
- 08/02/2022
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TuSimple addresses autonomous truck crash during Q2 earnings call
- Autonomous trucking company TuSimple used its second-quarter earnings call to address an April crash during which one of the company's autonomous trucks suddenly veered across the I-10 highway in Tuscon, slamming into a concrete barricade.
- 08/02/2022
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TuSimple Holdings, Inc. (TSP) CEO Xiaodi Hou on Q2 2022 Results - Earnings Call Transcript
- TuSimple Holdings, Inc. (NASDAQ:TSP ) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET Company Participants Ryan Amerman - Senior Director of Investor Relations Xiaodi Hou - Co-Founder and CEO Eric Tapia - Interim Chief Financial Officer Conference Call Participants Ravi Shanker - Morgan Stanley Scott Group - Wolfe Research Ken Hoexter - Bank of America Colin Rusch - Oppenheimer Todd Fowler - KeyBanc Capital Markets Brian Ossenbeck - JPMorgan Joseph Spak - RBC Capital Markets Rajvindra Gill - Needham & Company Operator Good day and welcome to the TuSimple's Second Quarter 2022 Earnings Conference Call. All participants are now in a listen-only mode.
- 08/02/2022
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Why TuSimple Stock Crashed Today
- An accident involving a truck under the control of company's self-driving technology has drawn scrutiny from federal regulators.
- 08/01/2022
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Hedge Fund Rubric Capital Just Bet $15 Million on TuSimple (TSP) Stock
- Shares of TuSimple (NASDAQ: TSP ) are in the spotlight after the company received a $15 million investment by Rubric Capital. The New York-based hedge fund has over $2.5 billion in assets under management and is a short- to medium-term fund.
- 08/01/2022
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7 Growth Stocks Trading at a Huge Discount Right Now
- These seven growth stocks are trading at a discount after the recent market correction and can provide big returns in the next 12-24 months. The post 7 Growth Stocks Trading at a Huge Discount Right Now appeared first on InvestorPlace.
- 07/23/2022
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Join TuSimple's Second Quarter 2022 Results and Conference Call, August 2, 2022
- SAN DIEGO , July 15, 2022 /PRNewswire/ -- TuSimple (NASDAQ: TSP) will release its second-quarter 2022 financial results on Tuesday, August 2, 2022, after the market closes. Following the release via the wire services, TuSimple will host a conference call at 2 p.m.
- 07/15/2022
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Can AI Replace People? - The Truck Driving Case Study
- In the present macroeconomic environment, there are many areas of employment where we might wonder whether it could make sense to have humans less involved. If we can take people away from certain tasks, then there would be no more need for wages.
- 07/15/2022
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TuSimple: Simple Decision To Buy Disruptor And Leader In Autonomous Trucks
- The TAM for global truck freight is large and there are many issues that the industry faces that points towards the need for disruptors like TuSimple. TuSimple is a clear global leader in autonomous trucks with a first mover advantage in driverless L4 autonomous trucks and it has innovative features as a strong competitive moat.
- 07/03/2022
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Cathie Wood Loads Up Another $1M In This Self-Driving Truck Startup On The Dip
- Cathie Wood-led Ark Investment Management on Monday scooped up more shares of TuSimple Holdings Inc (NASDAQ: TSP), its fourth buy in the self-driving truck startup this month. The popular stock-picking firm bought 112,306 TuSimple shares, estimated to be worth $964,708, as.
- 06/28/2022
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The Smartest Way to Play the Autonomous Vehicle Boom
- As the autonomous vehicle revolution progresses and revenues grow at a triple-digit pace, we expect high-quality AV stocks to soar in value. The post The Smartest Way to Play the Autonomous Vehicle Boom appeared first on InvestorPlace.
- 06/24/2022
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3 Stocks Cathie Wood Is Buying Now That Should Be on Your List, Too
- Some of Cathie Wood's latest stock picks look attractive enough to be on your radar.
- 06/24/2022
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Cathie Wood Loads Up $1M More Of This Self-Driving Trucking Firm As Shares Drop 80% YTD
- Cathie Wood-led Ark Investment Management on Tuesday further raised its exposure to self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP), its first buy in the San Diego, California-based startup in over two months. The popular stock-picking firm.
- 06/21/2022
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TuSimple to Participate in Upcoming Investor Conferences
- SAN DIEGO , June 3, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, today announced its participation in the following investor conferences. On Tuesday, June 7, 2022, at 1:30 p.m.
- 06/03/2022
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TuSimple Holdings, Inc. (TSP) CEO Xiaodi Hou on Q1 2022 Results - Earnings Call Transcript
- TuSimple Holdings, Inc. (NASDAQ:TSP ) Q1 2022 Earnings Conference Call May 3, 2022 5:00 PM ET Company Participants Ryan Amerman - Senior Director of Investor Relations Xiaodi Hou - Co-Founder and CEO Pat Dillon - Chief Financial Officer Conference Call Participants Ravi Shanker - Morgan Stanley Dan Levy - Credit Suisse Brian Ossenbeck - JPMorgan David Vernon - Bernstein Research Alexander Potter - Piper Sandler George Gianarikas - Robert W. Baird Adam Czakanski - Bank of America Colin Rusch - Oppenheimer Todd Fowler - KeyBanc Capital Markets Scott Group - Wolfe Research Operator Good day, and welcome to the TuSimple First Quarter 2022 Earnings Conference Call.
- 05/03/2022
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TuSimple delays production of Class 8 autonomous truck to 2025
- TuSimple is delaying commercialization of its purpose-built autonomous trucks until 2025 while relying on retrofits of existing Navistar equipment to expand driverless routes from Arizona into Texas. “The commercialization is not tied to the production trucks,” Pat Dillon, TuSimple chief financial officer, said on a call with analysts Tuesday.
- 05/03/2022
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TuSimple (TSP) Reports Q1 Loss, Lags Revenue Estimates
- TuSimple (TSP) delivered earnings and revenue surprises of 12.28% and 39.34%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/03/2022
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TuSimple Announces First Quarter Results Conference Call and Investor Day 2022
- 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.
- 04/12/2022
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2023 is our target date for commercializing autonomous trucking, says TuSimple CEO
- Xiaodi Hou, TuSimple CEO and co-founder, joins 'Power Lunch' to discuss the future of autonomous driving, how his role has changed since joining the company and when autonomous trucking can be achieved. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis.
- 03/31/2022
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Weeks after surprising shuffle, new TuSimple CEO pledges to be an 'evangelist' for autonomous driving
- Xiaodi Hou co-founded autonomous-driving startup TuSimple in 2015, but he just took over as CEO and chairman of the board March 3.
- 03/30/2022
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TuSimple Looks to Decouple From China. Others to Follow?
- 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.
- 03/21/2022
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TuSimple (TSP) Surges 22.4%: Is This an Indication of Further Gains?
- 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.
- 03/17/2022
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Why TuSimple Stock Is Jumping 25% Today
- The autonomous-truck start-up could make a huge business decision soon.
- 03/16/2022
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TuSimple Shares Soar As It Looks To Divest China Operations
- 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.
- 03/16/2022
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Cathie Wood Loads Up $2.8M In This Self-Driving Trucking Company As Shares Plunge 38% In A Week
- 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.
- 03/07/2022
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Analysis: Normally transparent TuSimple bungles leadership change, rattling investors
- 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.
- 03/05/2022
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TuSimple Shares Plunge After Robot Truck Company Spooks Market With CEO Shakeup
- 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.
- 03/03/2022
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TuSimple to Participate in Upcoming Investor Conferences
- SAN DIEGO, Feb. 23, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, today announced its participation in the following investor conferences. On Wednesday, February 23, 2022, at 1:50 p.m.
- 02/23/2022
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US takes limited oversight of TuSimple as foreign investment probe ends
- 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.
- 02/22/2022
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TuSimple Holdings, Inc. (TSP) CEO Cheng Lu on Q4 2021 Results - Earnings Call Transcript
- TuSimple Holdings, Inc. (TSP) CEO Cheng Lu on Q4 2021 Results - Earnings Call Transcript
- 02/10/2022
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What's in the Offing for TuSimple (TSP) in Q4 Earnings?
- TuSimple's (TSP) fourth-quarter 2021 earnings are expected to have improved sequentially.
- 02/04/2022
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TuSimple To Haul Freight For Union Pacific In ‘Driver Out' Robot Trucks
- The freight rail giant will be the first customer to use TuSimple's automated trucking network between Tucson and Phoenix, Arizona.
- 02/02/2022
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Hillwood Selects TuSimple To Facilitate Autonomous Trucking Operations
- 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.
- 01/25/2022
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TuSimple, property developer team up to boost autonomous trucking in Texas
- The roads are mostly mapped for TuSimple to drive autonomously in Texas. Now it is up to commercial property developers to get ready for driverless trucks to come and go from warehouses.
- 01/25/2022
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KeyBanc Sees 81% Upside In This Autonomous Driving Technology Company
- KeyBanc analyst Todd Fowler initiated TuSimple Holdings Inc (NASDAQ:TSP) with an Overweight rating and a price target of $50, implying an upside of 81%. Fowler believes fully autonomous capabilities represent a "must-have" technology for the for-hire trucking industry, given the potential to lower the cost to serve and improve asset utilization.
- 01/11/2022
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Why TuSimple Stock Is Lower Today
- Investors are worried about rising interest rates, but there was also some actual news.
- 01/10/2022
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TuSimple completes driverless truck trip, CEO calls it an industry milestone
- Cheng Lu, TuSimple CEO, joins 'Power Lunch' to discuss the company's driverless truck test, where the company goes from here and the company's stock price.
- 01/07/2022
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The Ordinary Wednesday That Ushered in the Self-Driving Revolution
- By 2030, autonomy will be an automobile industry ubiquity. Every car, every truck, and every four-wheeled vehicle of every sort will be self-driving.
- 01/06/2022
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NVIDIA's (NVDA) DRIVE Orin SoC to Power TuSimple's ADC Unit
- NVIDIA (NVDA) collaborates with San Diego-based autonomous driving tech company, TuSimple, to develop and design advanced ADC by incorporating its DRIVE Orin SoC.
- 01/05/2022
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Nvidia Extends TuSimple Partnership For Autonomous Trucking; Showcases Omniverse Plans
- TuSimple Holdings (NASDAQ: TSP), a global autonomous driving technology company, has expanded collaboration with NVIDIA Corp (NASDAQ: NVDA). The companies bonded to design and develop an advanced autonomous domain controller (ADC) engineered explicitly for TuSimple's Level 4 autonomous trucking applications.
- 01/04/2022
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Self-driving truck company TuSimple to use Nvidia chips for autonomous computing
- TuSimple Holdings Inc on Tuesday said it has partnered with Nvidia Corp to use the company's vehicle chips to design and build an advanced autonomous driving computer for its self-driving trucks.
- 01/04/2022
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TuSimple integrates Nvidia's newest auto-grade chip to scale autonomous trucking
- Autonomous trucking company TuSimple is preparing to scale its self-driving tech with the help of Nvidia's newest system-on-a-chip (SoC), Drive Orin, the company announced at CES. The chip, which is specifically made for autonomous applications, will provide the robust, compact, energy efficient and auto-grade compute power necessary to accelerate TuSimple's race to get its self-driving […]
- 01/04/2022
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Embark: Autonomous Trucking On The Horizon
- Embark: Autonomous Trucking On The Horizon
- 01/03/2022
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TuSimple watch party for driverless Ghost Rider feat left executives speechless
- As they gathered around a video screen tracking progress of Ghost Rider — the first Class 8 truck with no human driver — navigating its way west toward Phoenix from Tucson, Arizona, TuSimple executives found themselves speechless. “I mean, we had to kind of take in that moment,” TuSimple President and CEO Cheng Lu told FreightWaves.
- 12/30/2021
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TSP Stock Alert: What Is Going on With TuSimple Today?
- Today, investors in TuSimple and TSP stock are seeing rather impressive declines, despite the first ever fully autonomous class 8 drive. The post TSP Stock Alert: What Is Going on With TuSimple Today?
- 12/29/2021
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What's Going On With TuSimple Shares Today?
- TuSimple Hldgs (NASDAQ: TSP) is trading lower Wednesday after the company announced it successfully completed the world's first fully autonomous semi-truck run on open public roads without a human in the vehicle and without human intervention. The stock was initally surging in premarket trading before pulling back and turning negative.
- 12/29/2021
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TuSimple completes its first driverless autonomous truck run on public roads
- Autonomous trucking startup TuSimple has completed its first autonomous truck run on open public roads without a human in the vehicle, according to the company. TuSimple's Autonomous Driving System (ADS) navigated 100% of the 80-mile run along surface streets and highways between a railyard in Tuscon, Arizona and a distribution center in Phoenix, which took […]
- 12/29/2021
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TuSimple Claims Autonomous Trucking's First ‘Driver Out' Highway Run
- The autonomous-driving tech company said it successfully completed a test run of a robotic semi in Arizona highway that was the world's first on public roads without humans in the cab.
- 12/29/2021
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TuSimple to Participate in Upcoming Investor Conferences
- SAN DIEGO, Dec. 22, 2021 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, today announced its participation in the following investor conferences. On Wednesday, January 5, 2022, at 11:15 a.m.
- 12/22/2021
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DHL Partners With TuSimple, Orders 100 Autonomous Trucks
- Deutsche Post AG's (OTC: DPSGY) DHL Supply Chain has entered into a strategic collaboration to adopt, integrate and scale TuSimple Holdings Inc's (NASDAQ: TSP) autonomous trucking technology into its operations. Financial terms were not disclosed.
- 12/16/2021
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DHL orders 100 self-driving U.S. trucks from TuSimple and Navistar
- DHL Supply Chain has placed a U.S. order for 100 trucks equipped with TuSimple's self-driving technology and manufactured by Navistar to further expand its understanding of driverless trucks in its supply chain.
- 12/16/2021
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TuSimple locks in self-driving trucks deal with DHL
- Self-driving trucks developer TuSimple has reached a deal to integrate its autonomous vehicle technology into DHL Supply Chain's operations. As part of the deal, the contract logistics giant has reserved 100 autonomous trucks that are being co-developed by TuSimple and Navistar.
- 12/16/2021
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DHL To Haul Freight Using TuSimple's Robot Big Rigs
- The first autonomous driving tech company to list shares in the U.S. is working with DHL to integrate its robotic semi-trucks into the global shipping giant's operations.
- 12/16/2021
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TuSimple, United Parcel Services Map New Self-Driving Routes
- Self-driving truck technology company TuSimple Hldgs (NASDAQ: TSP) has mapped new freight lanes with United Parcel Service Inc (NYSE: UPS) from Arizona to Florida and has hit significant fuel savings for the package delivery company at highway speeds. TuSimple has notched up 160,000 miles hauling freight for UPS' North America Air Freight (NAAF) division and has achieved 13% fuel savings at speeds between 55 miles - 68 miles per hour since 2019.
- 11/04/2021
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TuSimple Holdings, Inc. (TSP) CEO Cheng Lu on Q3 2021 Results - Earnings Call Transcript
- TuSimple Holdings, Inc. (TSP) CEO Cheng Lu on Q3 2021 Results - Earnings Call Transcript
- 11/03/2021
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TuSimple Expanding UPS Freight Runs, Says Its Robot Trucks Cut Fuel Use By 13%
- The company, which reported a quarterly loss amid heavy R&D investments, says it has logged over 160,000 autonomous miles with UPS and is extending freight operations into Florida.
- 11/03/2021
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TuSimple aims to test self-driving trucks on public roads without human safety operator by EOY
- Self-driving trucks startup TuSimple signaled it is close to testing its system without a human safety operator on public roads before the end of the year. During the startup's third-quarter earnings call on Wednesday, TuSimple announced plans to proceed with its driver-out pilot program, which would remove the driver for runs over the 80-mile route […]
- 11/03/2021
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The Moonshot Investor: Golden Rule Investing for Penny Stocks
- Wall Street often overlooks penny stocks. Retail investors can use a winning strategy to get ahead of the curve and beat out hedge funds.
- 09/14/2021
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4 Self-Driving Truck Stocks You Need to Keep an Eye On
- Self-driving truck stocks give you exposure to an exciting investing niche. If you want to future-proof your portfolio, look no further.
- 09/09/2021
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Top 10 IPOs In Q2 2021: AppLovin And UiPath Lead Way, While Offering Numbers Drop
- The number of IPOs launched in the second half of 2021 fell due to a lower number of SPAC IPOs. Traditional IPOs rebounded and saw eight listings that raised $1 billion or more.
- 09/01/2021
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What You Need to Know About This Self-Driving Truck Start-up's IPO
- Plus could become a massive player in the self-driving space.
- 09/01/2021
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ARKQ: Self-Driving And Robotics ETF Is ARK's Best YTD And 1-Year Performing Fund
- ARKQ: Self-Driving And Robotics ETF Is ARK's Best YTD And 1-Year Performing Fund
- 08/28/2021
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TuSimple to Participate in Upcoming Virtual Investor Conferences
- SAN DIEGO, Aug. 27, 2021 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, today announced its participation in the following virtual investor conferences. Management will be available for one-on-one meetings with institutional investors at the conferences.
- 08/27/2021
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Are Options Traders Betting on a Big Move in TuSimple (TSP) Stock?
- Investors need to pay close attention to TuSimple (TSP) stock based on the movements in the options market lately.
- 08/20/2021
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Cathie Wood's ARK Invest Buys Over 310,000 Shares of TuSimple
- One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 300,000 shares of autonomous vehicle maker TuSimple Holdings Inc.
- 08/20/2021
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Why TuSimple Stock Is Surging Today
- Cathie Wood is buying! But that's not the whole story.
- 08/19/2021
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Shares recover as autonomous trucking developer TuSimple's lockup expires
- Trading in shares of TuSimple Holdings approached three times their average volume Tuesday as a lockup preventing certain investors from selling expired. After sliding for six weeks, shares ended the day 3% higher.
- 08/17/2021
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9 Industrial Stocks With 30% Upside
- The industrial economy is humming after a Covid-decimated 2020. Stocks are up, but Wall Street is still bullish on many names.
- 08/10/2021
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Cathie Wood's ARK Invest Buys Nearly 500,000 Shares of TuSimple
- A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought nearly 500,000 shares of autonomous vehicle maker TuSimple Holdings Inc.
- 08/09/2021
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TuSimple Holdings, Inc. (TSP) CEO Cheng Lu on Q2 2021 Results - Earnings Call Transcript
- TuSimple Holdings, Inc. (TSP) CEO Cheng Lu on Q2 2021 Results - Earnings Call Transcript
- 08/08/2021
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TuSimple's self-driving truck network takes shape with Ryder partnership
- TuSimple, the self-driving truck company that went public earlier this year, has partnered with Ryder as part of its plan to build out a freight network that will support its autonomous trucking operations. Under the deal announced this week, Ryder's fleet maintenance facilities will act as terminals for TuSimple's freight network.
- 07/30/2021
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TuSimple will use Ryder terminals to expand autonomous freight network
- Autonomous trucking software developer TuSimple will use some of Ryder System Inc.'s more than 500 maintenance terminals to stretch its supervised driverless freight network from Arizona to Florida by the end of the year. The addition of selected Ryder facilities in addition to TuSimple's own terminals in Phoenix and Tucson, Arizona, and Dallas expedites the startup's eastward expansion.
- 07/29/2021
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AEV Summit: Navistar and TuSimple on track for 2024 launch
- This fireside chat recap is from FreightWaves' Autonomous & Electric Vehicles Summit on Wednesday. KEYNOTE CHAT TOPIC: The road to autonomous commercialization DETAILS: Navistar and TuSimple shortened the timeline to autonomous trucking commercialization a year ago when they announced a partnership to put a Level 4 high-autonomy Class 8 truck into production in 2024.
- 07/14/2021
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Lidar supplier AEye inks deals with Continental, TuSimple
- Self-driving sensor maker AEye Inc on Wednesday said it had struck deals with German automotive supplier Continental AG and autonomous trucking firm TuSimple related to its technology.
- 07/14/2021
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Why NIO, TuSimple, and Other Auto Stocks Fell This Week
- Several factors had traders in a selling mood.
- 07/09/2021
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Nothing Is Guaranteed in Investing… But This Hypergrowth Investment Is a Near Certainty
- Transportation is changing. The bottom line is that in 10 years, there WILL be more electric vehicles on the road than there are today.
- 07/08/2021
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Best Stocks to Buy and Sell This Week: Autonomous Driving
- Autonomous driving stocks are among the most speculative plays today. But there's plenty of room to profit from two key players in the space.
- 06/30/2021
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Why TuSimple Stock Soared 25% Over the Last 2 Days
- Investors are enthused about the prospects for the maker of self-driving technology for trucks that IPOed in April.
- 06/29/2021
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10 Meme Stocks to Buy After They Leave the Spotlight
- There's no telling how high social momentum can take stocks, or how far they'll dip after investors who bought on hype look for the exit. Thankfully, the aforementioned companies are solid and should experience solid growth eventually.
- 06/18/2021
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Plus: Another Opportunity To Invest In Autonomous Trucking
- Plus: Another Opportunity To Invest In Autonomous Trucking
- 06/16/2021
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What's Going On With TuSimple's Stock Today?
- TuSimple Holdings Inc (NASDAQ:TSP) shares were trading higher by 20.3% at $60 on above-average volume Monday afternoon. On Wednesday, June 16, at 12 p.m.
- 06/14/2021
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Navistar posts big jump in Q2 earnings with help from TuSimple
- Navistar International Corp. (NYSE: NAV) reported a big jump in its Q2 fiscal-year earnings due in part to gains on its investment in autonomous trucking software startup TuSimple Holdings. Navistar and TuSimple (NASDAQ: TSP) are working together to bring a Class 8 high-autonomy truck to market in 2024.
- 06/08/2021
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TuSimple to Participate at Upcoming Investor Events
- SAN DIEGO, June 2, 2021 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, today announced its participation in the following virtual investor events: On Wednesday, June 2nd, at 10:00 PM ET, management will present in a panel at the J.P. Morgan's Global China Summit.
- 06/02/2021
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TuSimple says its self-driving trucks shaved 10 hours off a 24-hour run
- TuSimple tested its trucks by hauling fresh watermelons along a 951-mile route from Nogales, Arizona, to Oklahoma City.
- 05/19/2021
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Top Wall Street analysts think these stocks have more room to run
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Carvana & GoDaddy
- 05/16/2021
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TSP Stock: $62 Target By Credit Suisse
- The shares of TuSimple Holdings Inc (NASDAQ: TSP) have received a $62 target by Credit Suisse. These are the details.
- 05/12/2021
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Wall Street watching as TuSimple focuses on autonomous trucking's holy grail
- As the first autonomous trucking software company to go public, TuSimple Holdings is earning Wall Street credibility. Most analysts offer positive commentary on the 5-year-old startup.
- 05/11/2021
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TuSimple Reports Receiving 6,775 Orders For Its Self-Driving Electric Truck
- Self-driving trucking company TuSimple Holdings (NASDAQ: TSP) said on Monday it scored 1,000 new bookings in April and added 1,200 in the first quarter, taking its total booking to 6,775 trucks so far. What Happened: The San Diego-based autonomous trucking company that raised $1.35 billion in a public offering last month is gearing up to launch driverless 18-wheelers in partnership with Navistar International Corp (NYSE: NAV) beginning 2024.
- 05/11/2021
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TuSimple Holdings, Inc. (TSP) CEO Cheng Lu on Q1 2021 Results - Earnings Call Transcript
- TuSimple Holdings, Inc. (TSP) CEO Cheng Lu on Q1 2021 Results - Earnings Call Transcript
- 05/10/2021
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TuSimple Announces First Quarter 2021 Results
- SAN DIEGO, May 10, 2021 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, today announced unaudited financial results for the first quarter period ending March 31, 2021. TuSimple's complete quarterly financial results and management commentary can be found by accessing the company's shareholder letter on the quarterly results page of the investor relations website at ir.tusimple.com.
- 05/10/2021
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TuSimple and Navistar Receive 6,775 Reservations for Fully Autonomous International LT Series Trucks
- SAN DIEGO, May 10, 2021 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a self-driving technology company based in San Diego, California, announced today it has received 6,775 reservations for a new line of purpose-built SAE Level 4 (L4) International® LT® Series autonomous trucks in partnership with Navistar International Corporation (NYSE: NAV). The self-driving trucks will be equipped with TuSimple's advanced autonomous driving system and manufactured by Navistar beginning in 2024.
- 05/10/2021
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Analysts Bullish on TuSimple Self-Driving Trucks
- After markets close Monday, TuSimple Holdings Inc. (NASDAQ: TSP) will release its first quarterly report as a publicly traded company.
- 05/10/2021
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7 Cathie Wood Stocks That Are Worth Buying Now
- After a steep selloff in emerging growth companies, opportunities abound. Here are seven Cathie Wood stocks worth considering right now.
- 05/05/2021
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TuSimple Announces Date for Q1 FY2021 Financial Results and Conference Call
- SAN DIEGO, April 28, 2021 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, today announced it will report the first quarter fiscal year 2021 financial results for the period ending March 31, 2021, after the close of market on Monday, May 10, 2021. On the same day, TuSimple will hold a conference call at 2 p.m.
- 04/28/2021
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Consider this AV Truck Startup to Play the Self-Driving Revolution
- TuSimple (TSP) is an autonomous trucking startup developing software and hardware solutions for the self-driving revolution. The post Consider this AV Truck Startup to Play the Self-Driving Revolution appeared first on InvestorPlace.
- 04/26/2021
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TuSimple Announces Three New Members of Executive Advisory Board
- SAN DIEGO, April 23, 2021 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global autonomous technology company based in San Diego, California, announced the addition of three new members to its Executive Advisory Board. These new members will add their experience and expertise in transportation and policy to a notable group of leadership executives currently providing guidance and strategic insight to TuSimple's executive leadership team as the company looks to bring autonomous trucking technology to market safely and reliably.
- 04/23/2021
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Here are the stocks seeing the most insider buys this week
- Brian Sullivan brings you the top five stocks seeing the most insider action this week, on Worldwide Exchange.
- 04/23/2021
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An Underappreciated Stock Pick in the Self-Driving Revolution with Huge Upside Potential
- Ouster (OUST) is betting that the CMOS-led digitization trend of consumer electronics devices will play out in the LiDAR world. The post An Underappreciated Stock Pick in the Self-Driving Revolution with Huge Upside Potential appeared first on InvestorPlace.
- 04/19/2021
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Exclusive: TuSimple CEO On Autonomous Semitrucks, Competition And Going Public
- Autonomous trucking startup TuSimple Holdings Inc (NASDAQ: TSP) held its IPO on Thursday. Company CEO Cheng Lu joined Benzinga's “Premarketprep At The Close” for an interview to discuss the company and its market debut.
- 04/18/2021
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TuSimple Holdings: Too Simple?
- TuSimple has seen a successful public offering as investors recognize the potential of autonomous driving in trucking.
- 04/16/2021
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TuSimple Paints Optimistic Profit Projections For 2024 Driverless Truck Launch: Bloomberg
- San Diego's self-driving semi-truck firm TuSimple Holdings Inc (NASDAQ: TSP) CEO Cheng Lu has projected impressive profits following the debut of its 2024 driverless 18-wheelers in partnership with Navistar International Corp (NYSE: NAV) and Volkswagen AG's (OTC: VWAGY) trucking unit Traton SE (OTC: TRATF), Bloomberg reports. Driverless trucks will enable higher productive hours and reduce hauling costs by 50%, stated Lu.
- 04/16/2021
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TuSimple plans to hire 400 with proceeds from $1.1B public offering
- Autonomous trucking software startup TuSimple Holdings Inc. (NASDAQ: TSP) plans to hire 400 new employees — a 50% increase — in the next six months with proceeds from its $1.1 billion initial public offering. “Getting the best and finest talent is our top priority,” Jim Mullen, TuSimple chief administrative and legal officer, told FreightWaves on Thursday.
- 04/15/2021
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Autonomous Trucking Company TuSimple Debuts on Wall Street
- Shares of autonomous trucking startup TuSimple opened at $40.25 a share on its Nasdaq debut. The company is currently operating self-driving trucks out of Tucson, Arizona and Dallas, Texas.
- 04/15/2021
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TSP Stock: 7 Things to Know as Self-Driving Truck Startup TuSimple Starts Trading
- Today, shares of TSP stock began trading amid yet another IPO, as the company raises money for its self-driving semi truck offering. The post TSP Stock: 7 Things to Know as Self-Driving Truck Startup TuSimple Starts Trading appeared first on InvestorPlace.
- 04/15/2021
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Robot Truck Startup TuSimple Raises $1 Billion In First Self-Driving Startup IPO
- The San Diego-based developer of robotic truck technology is the first self-driving tech company to go public in the U.S.–and did so via a conventional IPO.
- 04/15/2021
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Shares of TuSimple, a developer of autonomous trucks, fall sharply after I.P.O.
- Shares started trading on the Nasdaq under the symbol TSP at $40 each around noon, but quickly fell as much as 19 percent.
- 04/15/2021
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TuSimple CEO on its IPO debut, future of autonomous trucks
- CNBC's "Squawk on the Street" team discusses autonomous truck company TuSimple and its upcoming IPO with president and CEO Cheng Lu.
- 04/15/2021
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Viewpoint: What this IPO tells us about autonomous freight networks
- The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. TuSimple announced April 7 that it has filed to sell shares through an initial public offering, after having originally filed relevant paperwork with the Securities and Exchange Commission on March 23.
- 04/15/2021
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Tesla self-driving truck rival TuSimple raises more than $1 billion in IPO valuing it at $8.5 billion
- TuSimple raised more than $1 billion after the autonomous trucking rival to Tesla and Google priced shares above range ahead of the group's market debut on the Nasdaq on Thursday.
- 04/15/2021
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Autonomous Trucks, Health Care and More: Thursday's IPOs
- While Wednesday's initial public offering (IPO) of stock in Coinbase Global Inc.
- 04/15/2021
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TuSimple IPO prices above expected range, valuing self-driving truck maker at $8.5 billion
- TuSimple Holdings Inc. is set to go public Thursday, after the self-driving trucks maker's initial public offering priced at $40 a share, above the expected range of between $35 and $39 a share. The company sold 27.03 million shares in the IPO to raise $1.08 billion while selling shareholders sold 6.76 million shares to raise $270.3 million.
- 04/15/2021
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TuSimple Announces Pricing of Initial Public Offering
- SAN DIEGO, April 15, 2021 /PRNewswire/ -- TuSimple Holdings Inc. ("TuSimple") , a global self-driving technology company, announced the pricing of its initial public offering of 33,783,783 shares of its Class A common stock at a price to the public of $40.00 per share, with 27,027,027 shares being offered by TuSimple and 6,756,756 shares being offered by a selling stockholder, for gross proceeds to TuSimple of $1,081,081,080, before underwriting discounts, commissions, and offering expenses payable by TuSimple. In addition, the underwriters of the initial public offering have a 30-day option to purchase up to an additional 5,067,567 shares of Class A common stock from the selling stockholder at the initial public offering price less underwriting discounts and commissions.
- 04/15/2021
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TuSimple's IPO Provides An Early AV Investment Opportunity
- TuSimple, a leader in autonomous long-haul trucking, is going public.
- 04/14/2021
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IPO Preview: Coinbase, AppLovin, TuSimple Highlight Big Week Of Market Debuts
- The week of April 12 is shaping up to be a big one for public debuts, with many investors watching the highly anticipated direct listing of Coinbase. Here's a look at the Coinbase IPO and other companies set to go public this week.
- 04/12/2021
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TuSimple Proposes $1.25 Billion U.S. IPO
- TuSimple Holdings has filed proposed terms for its U.S. IPO. The firm is developing autonomous semi freight truck technologies and services.
- 04/08/2021
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TuSimple IPO: When Does TuSimple Go Public? What Is the TSP Stock IPO Price Range?
- The TuSimple IPO is big news for investors looking to get into the autonomous vehicle industry. Here are the details that we know so far.
- 04/07/2021
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TuSimple seeks to raise up to $1.5B in IPO stock sale
- Autonomous truck software maker TuSimple is looking to raise as much as $1.5 billion in its initial public offering of stock. In a filing with the Securities and Exchange Commission on Wednesday, the San Diego and Shanghai-based company said it would offer 38,851,350 shares at a maximum of $39 a share.
- 04/07/2021
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Self-Driving Truck Company TuSimple Files To Go Public
- Autonomous truck company TuSimple filed on Wednesday (April 7) to go public, estimating a share price that would value the company at nearly $8 billion. TuSimple, which is based in San Diego but funded by investors from around the world, filed a statement with the Securities and Exchange Commission (SEC) laying out the details of […]
- 04/07/2021
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Autonomous Driving Tech Firm TuSimple To Raise Over $1B In IPO Valued At $8.3B
- Autonomous-driving technology company TuSimple Holdings Inc (NASDAQ: TSP) offered 27 million shares along with 6.76 million shares from a selling shareholder at an expected offer price bracket between $35 and $39 in its initial public offering (IPO) valued at $8.3 billion. The expected gross proceeds will range between $946 million and $1.05 billion.
- 04/07/2021
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