HISTORICAL FACTS: 2 - The Untold Story

TuSimple Holdings Inc's (NASDAQ:TSP) Board intends to explore certain transactions at a subsidiary level for its Asia-Pacific-focused businesses. The company's board expects such a transaction can highlight the value in its Asia-Pacific-focused businesses and enhance overall value for shareholders. Related: TuSimple Shares Soar As It Looks To Divest China Operations "We believe this is…

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

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

Since late December, San Diego autonomous driving outfit TuSimple has run seven semi-truck trips between Tucson and Phoenix without a driver in the vehicle.

Real estate developer Hillwood is making a large bet on autonomous trucking taking off.

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…