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TuSimple Holdings Inc - TSP STOCK NEWS

Welcome to our dedicated news page for TuSimple Holdings (Ticker: TSP), a resource for investors and traders seeking the latest updates and insights on TuSimple Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TuSimple Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TuSimple Holdings's position in the market.

News
TuSimple Announces Intention to Delist from Nasdaq
Rhea-AI Summary
TuSimple (Nasdaq: TSP) has announced its decision to voluntarily delist its common stock from Nasdaq and terminate the registration of its common stock with the SEC. The decision was made by a Special Committee of the Board of Directors, comprised solely of independent directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-46.32%
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none
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News
TuSimple Announces Third Quarter 2023 Results
Rhea-AI Summary
TuSimple (Nasdaq: TSP) reported an 11% fuel efficiency gain from autonomous driving, resulting in cost savings and emission reduction opportunities. Financially, the company reported a loss from operations of $248.6 million and an AEBITDA loss of $191.8 million for the nine months ended September 30, 2023. The company held $776.8 million in cash, equivalents, and investments as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.52%
Tags
earnings
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News
TuSimple Announces First Half 2023 Results
Rhea-AI Summary
TuSimple reported a Loss from Operations of $178.0 million and AEBITDA loss of $134.4 million for the six months ended June 30, 2023. The company held $835.7 million of cash, equivalents, and investments as of June 30, 2023. Restructuring expenses incurred in Q1 2023 and Q2 2023 amounted to $2.7 million and $7.8 million, respectively. R&D expense in H1 2023 was $120.1 million, down 27% versus H1 2022. SBC expense in H1 2023 was $27.8 million, down 47% versus H1 2022. AEBITDA loss for H1 2023 was $134.4 million, down $28.5 million versus H1 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
Tags
earnings
News
TuSimple Announces Fourth Quarter 2022 Results and Business Updates
Rhea-AI Summary
TuSimple, a global autonomous trucking technology company, reported its business and financial highlights for the fourth quarter of 2022. The company increased its global patent portfolio by 34% and achieved over 10 million cumulative miles through testing and research. TuSimple's APAC operations developed the TuSimple Domain Controller in partnership with NVIDIA and began testing its technology in trucks on highways in Japan. The company reported a GAAP Loss from Operations of $147.3 million for the quarter and had $994.8 million of cash, equivalents, and investments at the end of the year. TuSimple expects to file its Quarterly Reports on Form 10-Q for the First and Second Quarters of 2023 by September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.45%
Tags
earnings
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News
TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
Rhea-AI Summary
TuSimple (Nasdaq: TSP) received a notice from Nasdaq for not timely filing its Quarterly Report on Form 10-Q, causing non-compliance with Nasdaq Listing Rule 5250(c)(1). The company plans to present its views to the Nasdaq Hearings Panel. TuSimple has an extension until Sept. 30, 2023, to file the Delayed Reports.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
TuSimple to Explore Strategic Alternatives for its U.S.-based Operations
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.35%
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none
News
TuSimple Becomes First to Successfully Operate Driver Out, Fully Autonomous Semi-truck on Open Public Roads in China
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.33%
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News
TuSimple Among First to Receive Fully Driverless Test License in China
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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News
TuSimple's autonomous trucks commence testing on expressway in Japan
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.92%
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none
News
TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
Rhea-AI Summary
TuSimple (Nasdaq: TSP) has announced that it is unable to file its Quarterly Report on Form 10-Q by the prescribed due date due to the engagement of a new independent registered public accounting firm. As a result, the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) and may face delisting from Nasdaq.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.06%
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none
Stock TSP logo
TuSimple Holdings Inc

Nasdaq:TSP

TSP Rankings

N/A Ranked by Market Cap
#5140 Ranked by Stock Gains
N/A Ranked by Dividends

TSP Stock Data

57.47M
141.80M
31.13%
25.67%
3.83%
General Freight Trucking, Local
Transportation and Warehousing
Link
United States
San Diego

About TSP

we are a global leader in self-driving truck solutions. our mission is to set a new standard for safety, cost efficiency, and reducing carbon emissions in the trucking industry. our united states headquarters is in san diego, california, with our product and testing facility located in tucson, arizona. tusimple's chinese headquarters is located in beijing, china. we’re looking for creative and entrepreneurial individuals to join us. please view positions at https://boards.greenhouse.io/tusimple