Shares of the self-driving truck technological know-how firm
TuSimple
are tumbling as investors weigh a surprise management change.
Monday,
TuSimple
(ticker: TSP) stated it has terminated CEO Dr. Xiaodi Hou mainly because a continuing investigation by the audit committee of the board of administrators led the board to conclude that a alter of CEO was necessary, the corporation claimed. Dr. Ersin Yumer,
TuSimple
executive vice president of operations, will serve as interim CEO although the enterprise lookups for a new chief government.
Shares of the self-driving truck technological know-how firm
TuSimple
are tumbling as investors weigh a surprise management change.
Monday,
TuSimple
(ticker: TSP) stated it has terminated CEO Dr. Xiaodi Hou mainly because a continuing investigation by the audit committee of the board of administrators led the board to conclude that a alter of CEO was necessary, the corporation claimed. Dr. Ersin Yumer,
TuSimple
executive vice president of operations, will serve as interim CEO although the enterprise lookups for a new chief government.
