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Cathie Wood Watch: Ark Buys Autonomous-Truck Developer

The asset manager Cathie Wood also purchased and sold shares of well-known companies for her funds.

Cathie Wood Loads Up $1M More Of This Self-Driving Trucking Firm As Shares Drop 80% YTD

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

3 Stocks with Monster Upside Potential, According to Wall Street

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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Loadsmith Partners With TuSimple For Autonomous Trucking Technology

Autonomous driving technology company TuSimple Holdings Inc (NASDAQ:TSP) has partnered with Loadsmith to adopt, integrate and scale TuSimple's SAE L4 autonomous technology into their operations. Deal terms not disclosed. Loadsmith is a third-party logistics capacity as a service platform bridging the gap between shippers and carriers. The partnership is an important strategic component of…

Robot truckers could replace 500K US jobs

The robots will take the most tedious, most dangerous jobs first, in most things. Trucking is no exception.

Tribune News Service

TuSimple Seeks Options At Subsidiary Level For Asia-Pacific-Focused Businesses

TuSimple Holdings Inc's (NASDAQ:TSP) Board intends to explore certain transactions at a subsidiary level for its Asia-Pacific-focused businesses. The company's board expects such a transaction can highlight the value in its Asia-Pacific-focused businesses and enhance overall value for shareholders. Related: TuSimple Shares Soar As It Looks To Divest China Operations "We believe this is…

TuSimple Looks to Decouple From China. Others to Follow?

Key Takeaways: Autonomous truck company TuSimple is reportedly looking to spin off its China business, leaving its more advanced U.S. business as its main asset Such a spinoff could provide upside for company’s stock by significantly reducing U.S. national security concerns By Doug Young

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TuSimple Shares Soar As It Looks To Divest China Operations

TuSimple Shares Soar As It Looks To Divest China Operations

Autonomous trucking startup TuSimple Holdings Inc (NASDAQ:TSP) looked to divest its China business for up to $1 billion, Reuters reports. TuSimple approached several Chinese investors, including private equity firm Boyu Capital, searching for potential buyers. TuSimple aimed to focus on the U.S. market. Also Read: TuSimple Paves The Way For Its Truck Technology Commercialization…

Cathie Wood Continues Buying Spree In This Self-Driving Trucking Startup As Shares Drop 70% YTD

Cathie Wood Continues Buying Spree In This Self-Driving Trucking Startup As Shares Drop 70% YTD

Cathie Wood's Ark Investment Management bought more shares in self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP) on Tuesday, which has lost nearly 70% in market value so far this year.

Cathie Wood Loads Up $2.8M In This Self-Driving Trucking Company As Shares Plunge 38% In A Week

Cathie Wood Loads Up $2.8M In This Self-Driving Trucking Company As Shares Plunge 38% In A Week

Cathie Wood-led Ark Investment Management on Monday further raised its exposure in self-driving trucking company TuSimple Holdings Inc (NYSE: TSP) on the dip.

TuSimple Paves The Way For Its Truck Technology Commercialization

TuSimple Paves The Way For Its Truck Technology Commercialization

Key Takeaways: TuSimple announced that co-founder and CTO Hou Xiaodi will take over as the company’s chairman and CEO Company’s shares lost two-thirds of their value in the two days after the announcement, closing at a post-IPO low By Doug Young

TuSimple Names Xiaodi Hou As CEO, Chairman

TuSimple Names Xiaodi Hou As CEO, Chairman

TuSimple Holdings Inc's (NASDAQ:TSP) Co-Founder and CTO Xiaodi Hou succeeds Cheng Lu as President and Chief Executive Officer and Mo Chen as Chairman of the Board, effective today. Lu will serve as an Advisor until March 2023 to ensure an effective transition. The move is part of a planned executive succession as TuSimple…

Self-driving big-rigs will haul freight in Arizona

Since late December, San Diego autonomous driving outfit TuSimple has run seven semi-truck trips between Tucson and Phoenix without a driver in the vehicle.

Tribune News Service

Autonomous trucking startup TuSimple gets a million-square-foot facility at AllianceTexas

Real estate developer Hillwood is making a large bet on autonomous trucking taking off.

Tribune News Service

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Hillwood Selects TuSimple To Facilitate Autonomous Trucking Operations

TuSimple Holdings Inc (NASDAQ:TSP) collaborated with Hillwood, an industrial and commercial real estate developer, to integrate its infrastructure specifications into current and future industrial and commercial properties. With the expansion of the TuSimple Autonomous Freight Network, Hillwood is actively preparing to meet the demand for autonomous trucks by getting properties ready for autonomous…

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