Self-driving truck developer TuSimple may sell its U.S. business, the company said in a regulatory filing Wednesday.
TuSimple, which is on the verge of being delisted from the Nasdaq stock exchange for failing to file two quarterly reports, said it is exploring strategic alternatives for its U.S. business, including a possible sale.
The company also has operations based out of China and Japan, and has been doubling down on those in recent weeks. In June, TuSimple started testing its self-driving technology on public roads in Japan and also completed its first fully autonomous — meaning no human driver behind the wheel — test run on public roads in China.
In a filing with the U.S. Securities and Exchange Commission, TuSimple said that if it sells its U.S. business, it would focus its operations in Asia-Pacific and other global markets. This is something of an about-face for TuSimple. Since going public in 2021, …
