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The Latest Breaking News from TuSimple

£6.8 Billion Betrayal: TuSimple Slammed For Secret Tech Transfer To China

TuSimple's secret data transfer to China betrays US trust, igniting calls for tougher tech controls. Will regulators act?

International Business Times UK

Struggling Autonomous Trucking Company Turns to Making ‘Three-Body Problem’ Movie With AI

U.S.-based startup TuSimple says it will work with a Shanghai company on the production of an animated film and video game based on the popular novel series

Caixin Global

Nvidia Discloses Stakes In Arm, SoundHound AI, Nano-X And More

Nvidia disclosed investments in Arm Holdings, SoundHound AI and more in its first-ever 13F SEC filing late Wednesday.

Investors Business Daily

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U.S. blocks shipment of 24 Nvidia AI GPUs to China over concerns about self-driving truck company

TuSimple, which is exiting the U.S. market, attempted to send 24 A100 GPUs to Australia — but the shipment was blocked over concerns they might eventually make their way to China.

Tom’s Hardware

Shanghai Composite Index Rose 0.11% on Friday

Shenzhen Component Index closed up 0.36%

Caixin Global

Shanghai Composite Index Fell 0.09% on Thursday

Shenzhen Component Index closed down 0.14%

Caixin Global

Self-Driving Truck Startup TuSimple Winds Down U.S. Operations

Autonomous trucking company TuSimple cuts U.S. workforce by 75% as it shifts its strategic focus to Asia-Pacific

Caixin Global

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Self-driving truck outfit cutting 151 jobs at San Diego headquarters

Self-driving semi-truck outfit TuSimple Holdings has disclosed more details about plans to reduce its workforce by 30 percent —including that it will eliminate 151 jobs in San Diego.

Tribune News Service

Earnings Roll Call! Stocks EVERY Investor Is Watching This Wednesday, and Why You Should Avoid Them

The upcoming earnings season could be highly volatile in the face of uncertain macroeconomic conditions, including high inflation, rising interest rates, recent bank failures, and growing recessionary risks. Amid this backdrop, it could be wise to avoid fundamentally weak stocks TuSimple Holdings (TSP), Ra Medical (RMED), and Agrify (AGFY), which…

StockNews.com

Tech Insider: Xiaomi President to Step Down, TuSimple Plans to Cut Staff by 25%

Hackers threaten to blackmail Nio, EV-maker launches urban-navigation system in Shanghai

Caixin Global

TuSimple Slashes Workforce 25% in Sweeping Restructuring

Driverless truck startup will focus on R&D and on providing self-driving technologies to other transport companies

Caixin Global

Shanghai Composite Index Fell 0.19% on Thursday

Shenzhen Component Index closed down 0.34%

Caixin Global

Shanghai Composite Index Rose 1.15% on Wednesday

Shenzhen Component Index closed up 1.33%

Caixin Global

Tesla Explored Minority Stake In Glencore, TuSimple Fires Its CEO Amid Regulatory Scrutiny, Twitter Could Reportedly Lose A Fourth Of Its Employees After Takeover: Top Stories Monday, Oct. 31

Washington Post

Benzinga

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Benzinga

Why Does California Lag In Autonomous Freight Commercialization Testing?

Back in 2012, California adopted legislation, rules of the road so to speak, for the operation of autonomous vehicles on Golden State roadways. It took three more years, until 2015, for implementing regulations to follow.

Benzinga

TuSimple Moves Closer to China Exit Ramp as Questions Loom on U.S. Commercialization

Key Takeaways: China’s largest private auto group may acquire TuSimple’s Asia-Pacific business, allowing it to cut its China ties and alleviate U.S. national security concerns The company’s commercialization timeline has been thrown into doubt following an April accident that raised safety concerns

Tribune News Service

Driverless trucks can be safe and efficient

Long-haul trucking has always been a tough job that keeps drivers away from their families for days and sometimes weeks. It’s no wonder there’s a perennial shortage of them. The pool of available drivers is aging — the median age is about 46 and climbing — and the industry is…

Benzinga

Benzinga Before The Bell: Alibaba's Delisting Concerns, Amgen's Potential $10.7B Tax Bill, Kenya Will Not Shut Facebook Services And Other Top Financial Stories Monday, August 1

CNBC

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Benzinga

What's changed at Navistar a year after Traton's $3.7B takeover?

A year after Traton Group's $3.7 billion takeover of Navistar International Corp., the German truck holding company's sway is noticeable in new faces, a bigger push on electric trucks and a decidedly Swedish influence in product development.

Benzinga

Cathie Wood Snaps Up $1M More Of This Self-driving Truck Startup On The Dip

Cathie Wood-led Ark Investment Management on Tuesday further raised its exposure to self-driving truck startup TuSimple Holdings Inc (NASDAQ: TSP) on the dip, for the fifth time this week.

Benzinga

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.

Benzinga

Cathie Wood Adds $863K Of This Self-Driving Trucking Firm In 3rd Buy This Month

Cathie Wood-led Ark Investment Management on Thursday scooped up more shares in self-driving trucking company TuSimple Holdings Inc (NYSE: TSP), its third straight buy in the San Diego, California-based startup this month.

Benzinga

Cathie Wood Adds $329,000 More Of This Self-Driving Trucking Firm

Cathie Wood-led Ark Investment Management on Wednesday scooped up more shares in self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP), its second straight buy in the San Diego, California-based startup in over two months.

Benzinga

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 start

StockNews.com

3 Stocks with Monster Upside Potential, According to Wall Street

Despite the recent market pullback due to rising Treasury yields, expectations regarding the Fed’s tighter monetary policy, and declining oil prices amid COVID-19 lockdowns imposed in China, quality growth stocks that seem relatively resistant to the market’s uncertainties are attracting investors’ attention. Thus, Wall Street analysts suggest buying fundamentally solid…

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