UPDATE: TuSimple Holdings Inc. (TSP) PT Lowered to $45 at Morgan Stanley
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TuSimple (TSP) Shares Slammed After CEO Replaced
March 3, 2022 5:16 PM ESTTuSimple (Nasdaq: TSP) shares fell 22% Thursday after the company announced a shake-up at the very top of the C-Suite. TuSimple Co-Founder and CTO Xiaodi Hou will succeed Cheng Lu as President and Chief Executive Officer and succeed Mo Chen as Chairman of the Board, effective today.
The executive succession is part of the companys plans to move to its next phase of commercializing L4 autonomous trucking... More
TuSimple (TSP) Announces CEO and Chairman Succession Plan
March 3, 2022 8:04 AM ESTTuSimple (Nasdaq: TSP) today announced its executive leadership succession plan. TuSimple Co-Founder and CTO Xiaodi Hou will succeed Cheng Lu as President and Chief Executive Officer and succeed Mo Chen as Chairman of the Board, effective today. This is part of a planned executive succession as the Company moves to its next phase of commercializing L4 autonomous trucking technology. Mr. Lu will serve as an Advisor to... More
