TuSimple to Explore Strategic Alternatives for its U.S.-based Operations

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Go back to TuSimple to Explore Strategic Alternatives for its U.S.-based Operations

TuSimple (TSP) sinks on plans to sell U.S. business

June 30, 2023 11:43 AM EDT

TuSimple (NASDAQ: TSP) closed down 20.4% Thursday, and continues to fall, after the self-driving truck startup said it is considering selling its US operations to focus on the Asia-Pacific region.

TuSimple, a company currently facing potential delisting from the Nasdaq stock exchange due to non-filing of two quarterly reports, has revealed its intention to explore... More