San Diego-based self-driving trucking company TuSimple plans to shutter its US business, laying off ~150, or 75% of its US staff, and move its business to China
Heather Somerville / Wall Street Journal :
Trucking marketplace Convoy starts shutting down; sources: the startup had ~$320M in 2023 revenue by early October, on pace to fall short of the $630M in 2022
Trucking Startup Backed By Bezos And Gates—Shutting Down After Failing To Find Buyer, Report Says Taylor Soper / GeekWire : Convoy collapse: Read CEO's memo detailing sudden shutdown of Seattle trucki...
Waymo plans to slow the development of autonomous trucking as the company moves its focus and investment to ride-hailing
At Waymo, we're developing a generalizable, fully autonomous Driver … Kirsten Korosec / TechCrunch : Waymo puts the brakes on self-driving trucks program Bhushan Akolkar / Coinspeaker : Alphabet-owned...
Autonomous trucking company Embark lays off about 70% of its employees and says remaining staff will focus on winding down day-to-day operations
Embark Trucks, the autonomous trucking company that went public in 2021 via a merger with a special purpose acquisition company …
TuSimple confirms plans to lay off 25% of its workforce, or an estimated 350 workers, following a rough year for the self-driving trucking company
Rebecca Bellan / TechCrunch :
Filings: TuSimple co-founder Mo Chen consolidates power, acquiring 59% of the voting stock, as the US investigates the self-driving trucking company
Federal authorities continue to investigate entity's relationship with a Chinese startup tied to co-founder Mo Chen Tweets: @kate_okeeffe Tweets: Kate O'Keeffe / @kate_okeeffe : The TuSimple saga has ...
TuSimple's board fires CEO Xiaodi Hou after reports the US is probing whether it improperly financed and transferred tech to a Chinese startup; stock drops 44%+
Self-driving trucking company's leadership faces federal investigations into whether it improperly financed and transferred technology to a Chinese startup
Waymo hired 13 robotics experts from Anki, including co-founder and former CEO Boris Sofman, to lead its nascent trucking initiative
Joann Muller / Axios :
Uber says Otto Trucking co-founder Lior Ron is returning to run Uber Freight, following a negotiation to rework terms of Uber's deal to acquire Otto Trucking
Eric Newcomer / Bloomberg :
Sources: Anthony Levandowski, the entrepreneur at the heart of the Uber/Waymo trial, is involved with Kache.ai, an autonomous trucking company still in stealth
Kirsten Korosec / TechCrunch :