TuSimple drama heats up ahead of pivotal shareholder meeting
TuSimple co-founder and former CEO Xiaodi Hou is on a war path in the lead up to Friday’s annual shareholder meeting that will decide the makeup of the company’s board…
Delaware judge rules against Elon Musk’s $56B pay package again
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Your usual…
TuSimple co-founder demands liquidation, sues company for control of his shares
Xiaodi Hou, the co-founder and former CEO of self-driving truck startup TuSimple, is demanding that the board immediately liquidate the company and return all remaining funds – roughly $450 million…
Former TuSimple co-founder urges courts to block asset transfer to China
Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring…
A fight is brewing as TuSimple tries to move $450M to China and pivot from self-driving trucks to AI animation
TuSimple, once a buzzy startup considered a leader in self-driving trucks, is trying to move its assets to China to fund a new AI-generated animation and video game business. The…