TuSimple Holdings Inc. (TSP) News
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TSP News Highlights
- For TSP, its 30 day story count is now at 5.
- Over the past 15 days, the trend for TSP's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
Latest TSP News From Around the Web
Below are the latest news stories about TUSIMPLE HOLDINGS INC that investors may wish to consider to help them evaluate TSP as an investment opportunity.
Autonomous trucking 2023: Leaders emerge amid exits and entriesThree companies departed autonomous trucking in 2023 as Aurora Innovation, Kodiak Robotics and Torc Robotics staked leadership claims. The post Autonomous trucking 2023: Leaders emerge amid exits and entries appeared first on FreightWaves. |
Autonomous trucking company TuSimple to cease US operations amid new round of lay-offs, focus on Asia-Pacific businessAutonomous trucking company TuSimple Holdings is set to wind down its operations in the United States amid plans to cut 75 per cent of its remaining workforce in the country, according to the Nasdaq-listed firm's latest filing. TuSimple's board of directors approved a new round lay-offs that will affect around 150 employees, or 19 per cent of its global workforce, as part of its restructuring initiative, the company said in a filing with the US Securities and Exchange Commission (SEC) on Monday. |
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. |
TuSimple Winds Down U.S. Operations as It Looks for BuyerSelf-driving trucking company TuSimple Holdings said Monday that it is winding down its U.S. business, reducing its workforce to about 30 people as it looks for a buyer for its assets that remain in the country. The demise of TuSimple’s U.S. operations marks a precipitous fall for the one-time leader in autonomous long-haul trucking. TuSimple is now moving its business to China, according to company filings. |
TuSimple lays off 150 more employees as it winds down US operationsTuSimple Holdings is following through on winding down its U.S. autonomous trucking business, laying off 150 more employees. The post TuSimple lays off 150 more employees as it winds down US operations appeared first on FreightWaves. |
Autonomous trucking: ‘What’s love got to do with it?’Uber Freight has more than 100 shipper companies lined up to run autonomous freight, but the capacity just doesn't exist yet. The post Autonomous trucking: ‘What’s love got to do with it?’ appeared first on FreightWaves. |
TuSimple Holdings Inc (TSP) Reports Q3 2023 Financial Results Amidst Restructuring EffortsAutonomous Trucking Leader Faces Operational Losses While Enhancing Fuel Efficiency |
TuSimple Announces Third Quarter 2023 ResultsTuSimple (Nasdaq: TSP) today reported results for the third quarter of 2023. TuSimple's quarterly financial results are available in the company's quarterly report on Form 10-Q filed with the Securities and Exchange Commission and on the company's investor relations website. For additional information and to view the company's latest investor presentation, please visit ir.tusimple.com. |
TuSimple Holdings Inc.'s (NASDAQ:TSP) largest shareholders are retail investors with 37% ownership, institutions own 25%Key Insights The considerable ownership by retail investors in TuSimple Holdings indicates that they collectively have... |
The leaders, followers and also-rans in autonomous truckingWho is leading, following, emerging or out of the game in autonomous trucking? Here's an assessment of shifts among the players. The post The leaders, followers and also-rans in autonomous trucking appeared first on FreightWaves. |