TuSimple Holdings

TuSimple Holdings, Inc. engages in the operation and development of autonomous trucks. It develops autonomous technology specifically designed for semi-trucks, which build the autonomous freight network in partnership with shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners. The company was founded by Mo Chen and Xiao Di Hou in 2015 and is headquartered in San Diego, CA.

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TuSimple Holdings, Inc. engages in the operation and development of autonomous trucks. It develops autonomous technology specifically designed for semi-trucks, which build the autonomous freight network in partnership with shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners. It operates through the USA and Asia Pacific geographical segments. The company was founded by Mo Chen and Xiao Di Hou in September 2015 and is headquartered in San Diego, CA.

TuSimple Holdings Inc said on Wednesday it will lay off 25% of its workforce, or nearly 350 employees, as the self-driving truck company seeks to chart a course out of the economic upheaval that has been raging throughout the year.

TuSimple to lay off 25% of workforce

Key points of the restructuring plan: Focus on capital discipline given macroeconomic conditions and industry readiness. Strategic investments on highest value-added projects, namely the validation and commercialization of TuSimple's leading autonomous trucking technology.

TuSimple Announces Restructuring with a Focus on Investing in R&D to Advance Autonomous Trucking Technology

New York, New York--(Newsfile Corp. - December 21, 2022) - Levi & Korsinsky, LLP notifies investors in TuSimple Holdings Inc. ("TuSimple" or the "Company") (NASDAQ: TSP) of a class action securities lawsuit.The lawsuit on behalf of TuSimple investors has been commenced in the the United States District Court for the Southern District of New York.

TuSimple Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before January 9, 2023 to Discuss Your Rights - TSP

San Francisco, California--(Newsfile Corp. - December 21, 2022) - Hagens Berman urges TuSimple Holdings, Inc. (NASDAQ: TSP) investors who suffered significant losses to submit your losses now. A new securities class action has been filed.Class Period: Apr. 15, 2021 - Oct. 31, 2022Lead Plaintiff Deadline: Jan. 9, 2023Visit: www.hbsslaw.com/investor-fraud/TSP Contact An Attorney Now: TSP@hbsslaw.com 844-916-0895TuSimple Holdings Inc.

TSP LAWSUIT: Hagens Berman Alerts TuSimple Holdings (TSP) Investors to Jan. 9th Deadline in Securities Class Action, Encourages Investors with Significant Losses to Contact Firm's Attorneys

New York, New York--(Newsfile Corp. - December 20, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TuSimple Holdings, Inc.

NATIONALLY RANKED ROSEN LAW FIRM Encourages TuSimple Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm - TSP

With layoffs of potentially hundreds of employees looming, autonomous trucking startup TuSimple agreed to pay CEO Cheng Lu $15 million in cash if it ousts him a second time. The terms of the agreement are spelled out in an 8-K filing Friday with the Securities and Exchange Commission.

As layoffs loom, TuSimple CEO protected by $15M in severance cash

NEW YORK , Dec. 20, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of TuSimple Holdings Inc. (NASDAQ: TSP) alleging that the Company violated federal securities laws. This lawsuit is on behalf of all persons who: (a) purchased or otherwise acquired TuSimple securities pursuant and/or traceable to documents issued in connection with TuSimple's April 15, 2021 initial public offering ; and/or (b) purchased or otherwise acquired TuSimple securities between April 15, 2021 and October 31, 2022, both dates inclusive.Lead Plaintiff Deadline: January 9, 2023 No obligation or cost to you.

TSP ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of January 9, 2023 in the Class Action Filed on Behalf of TuSimple Holdings Inc. Shareholders

Autonomous trucking technology company TuSimple plans to cut a chunk of its workforce, potentially as early as this week, according to The Wall Street Journal, which cited “people familiar with the matter.

Layoffs are coming for self-driving truck company TuSimple

A contrast in implications, shares of autonomous truck-driving systems provider TuSimple's (NASDAQ: TSP ) stock popped higher on Monday morning. However, the catalyst for TSP stock stemmed from a less-than-encouraging development.

TuSimple Layoffs: What to Know About the Latest TSP Job Cuts

After losing nearly 96% year-to-date, TuSimple Holdings Inc. (NASDAQ:TSP) stock decline could be far from over. Stock market reports over the weekend indicated that the company was looking at cutting 50% of its workforce.

TuSimple Holdings stock on a downward spiral on looming layoffs

NEW YORK , Dec. 18, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TuSimple Holdings, Inc. (NASDAQ: TSP): (i) pursuant and/or traceable to the Registration Statement and Prospectus (collectively, the "Registration Statement") issued in connection with TuSimple's April 15, 2021 initial public offering ("IPO"); and/or (ii) between April 15, 2021 and October 31, 2022, both dates inclusive (the "Class Period"), of the January 9, 2023 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased TuSimple securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, SKILLED INVESTOR COUNSEL, Encourages TuSimple Holdings, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm - TSP

Autonomous trucking developer TuSimple Holdings moved Friday to fill corporate governance holes, naming two additional independent directors and making its interim CFO permanent. The moves are necessary to ensure San Diego-based TuSimple regains compliance with the Nasdaq to retain its listing.

TuSimple moves to fix its boardroom deficiencies

New York, New York--(Newsfile Corp. - December 17, 2022) - Pomerantz LLP is investigating claims on behalf of investors of TuSimple Holding Inc. ("TuSimple" or the "Company") (NASDAQ: TSP). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether TuSimple and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of TuSimple Holding Inc. - TSP

Global self-driving technology company TuSimple Holdings Inc. will reportedly lay off half of its workforce next week, just before Christmas.

Self-driving truck company TuSimple to lay off hundreds days before Christmas: report

TuSimple is falling apart and likely will be gone soon. The Wall Street Journal reports it is in such bad shape that it will cut half its workforce.

TuSimple Is Ruined

The self-driving trucking company plans to cut potentially at least half of its workforce next week, as it scales back efforts to build and test autonomous truck-driving systems.

TuSimple Plans Layoffs That Could Cut at Least Half Its Workforce

Self driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week, WSJ reported.

TuSimple plans to layoff half its workforce next week - WSJ

New York, New York--(Newsfile Corp. - December 16, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TuSimple Holdings, Inc.

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages TuSimple Holdings, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm - TSP

TuSimple Holdings Inc appointed interim financial chief Eric Tapia on a permanent basis and reconstituted its audit committee, the self-driving trucking firm said on Friday, weeks after an internal probe revealed links to a China-backed firm.

Self-driving trucking firm TuSimple appoints CFO, reconstitutes audit panel

Government Security Director appointed with notice of non-objection by Committee on Foreign Investment in the United States (CFIUS) Reconstitution of the Audit Committee, satisfying NASDAQ's requirement for an independent audit committee Eric Tapia appointed Chief Financial Officer SAN DIEGO , Dec. 16, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global autonomous driving technology company, today announced additional independent appointments to its Board of Directors – including a new Government Security Director, Michael Mosier, and an Audit Committee Chair, Wendy Hayes. Michael Mosier will serve as the Government Security Director and will be responsible for overseeing the Company's compliance with federal government legal and regulatory requirements.

TuSimple Sets Path for Stability with Appointment of Independent Directors and Permanent Chief Financial Officer

NEW YORK--( BUSINESS WIRE )--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TuSimple Holdings, Inc. (NASDAQ: TSP): (i) pursuant and/or traceable to the Registration Statement and Prospectus (collectively, the “Registration Statement”) issued in connection with TuSimple's April 15, 2021 initial public offering (“IPO”); and/or (ii) between April 15, 2021 and October 31, 2022, both dates inclusive (the “Class Period”), of the January 9, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages TuSimple Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm – TSP

San Francisco, California--(Newsfile Corp. - December 14, 2022) - Hagens Berman urges TuSimple Holdings, Inc. (NASDAQ: TSP) investors who suffered significant losses to submit your losses now. A new securities class action has been filed.Class Period: Apr. 15, 2021 - Oct. 31, 2022Lead Plaintiff Deadline: Jan. 9, 2023Visit: www.hbsslaw.com/investor-fraud/TSPContact An Attorney Now: TSP@hbsslaw.com844-916-0895TuSimple Holdings Inc. (NASDAQ: TSP) Securities Class Action: The action challenges TuSimple's failure to disclose the Company a

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts TuSimple Holdings (TSP) Investors to IPO-Related Securities Class Action, Encourages Investors with Significant Losses to Contact Firm's Attorneys

LOS ANGELES, CA / ACCESSWIRE / December 13, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against TuSimple Holdings Inc. ("TuSimple" or "the Company") (NASDAQ:TSP) for violations of the federal securities laws. Investors who purchased the Company's shares pursuant and/or traceable to the Company's initial public offering conducted on April 15, 2021 (the "IPO"), or between April 15, 2021 and October 31, 2022 (the "Class Period") are encouraged to contact the firm before January 9, 2023.

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in TuSimple Holdings Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - December 13, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against TuSimple Holdings Inc. ("TuSimple" or "the Company") (NASDAQ: TSP) for violations of the federal securities laws.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in TuSimple Holdings Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 12, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against TuSimple Holdings Inc. ("TuSimple" or "the Company") (NASDAQ:TSP) for violations of the federal securities laws. Investors who purchased the Company's shares pursuant and/or traceable to the Company's initial public offering conducted on April 15, 2021 (the "IPO"), or between April 15, 2021 and October 31, 2022 (the "Class Period") are encouraged to contact the firm before January 9, 2023.

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