TuSimple to Explore Strategic Alternatives for its U.S.-based Operations

Provided By PR Newswire

Last update: Jun 28, 2023

SAN DIEGO, June 28, 2023 /PRNewswire/ -- TuSimple (Nasdaq:TSP), a global autonomous driving technology company, announced today that it is evaluating strategic alternatives for its U.S. business with a goal to maximize shareholder value. With the unanimous support of the TuSimple Board of Directors, the company has engaged Perella Weinberg Partners as a financial advisor to explore possible transactions for the U.S.-based portion of its business.