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      3 weeks, 3 days ago

      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 – to shareholders “on a pure pro-rata basis, regardless of share class,” according to a letter that TechCrunch has viewed.  Hou is also suing TuSimple […]
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      Read more: https://techcrunch.com/2024/11/27/tusimple-co-founder-demands-liquidation-sues-company-for-control-of-his-shares/

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