Autonomous truck maker TuSimple mulls sale of Tucson site
After setting up shop in Tucson, a self-driving truck developer is weighing the sale of its local site, which it received city incentives for, and other U.S. operations.
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After setting up shop in Tucson, a self-driving truck developer is weighing the sale of its local site, which it received city incentives for, and other U.S. operations.
After months of turmoil and an inability to regain meaningful momentum, TuSimple looks at selling its U.S. operations. The post TuSimple prepares to exit US autonomous trucking market appeared first on FreightWaves.
The company’s CEO says there’s no firm buyer lined up and that the plan to separate U.S. operations doesn’t arise from pressure related to a CFIUS review.
TuSimple filed an appeal with the Nasdaq to suspend its delisting after failing to report quarterly earnings.
TuSimple reported Thursday that it received a delisting notice from the Nasdaq for failing to file its quarterly report on time.