This article only represents the author's own views.
Life for TuSimple Holdings Inc. (TSP.US) has been anything but simple since it listed on the Nasdaq in 2021. First the autonomous trucking company wowed investors with the display of its technology performing well in an important road test at the end of 2021. Then it became mired in controversy a year later when its top executive was fired over allegations of working with a Chinese company without the board’s authorization.
In between those two big events, reports also emerged that TuSimple was considering a sale of its China business to focus on its more advanced U.S. operations. Most recently, the company faced scrutiny – and a possible criminal investigation – related to economic espionage allegations by the U.S. national security regulator.