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TuSimple (TSP) shares plunged 16% Monday morning after the self-driving trucking firm terminated president and CEO Xiaodi Hou in connection with an ongoing internal investigation.Hou,...
The Wall Street Journal reports multiple federal probes of TuSimple’s China dealings after a watchdog set up oversight in February.
The hits just keep coming for the self-driving truck company.
TuSimple co-founder Xiaodi Hou was fired from his CEO, president and CTO posts by the autonomous trucking company's board.
TuSimple fired its CEO after its board found improper dealings with a Chinese startup.