xiaodi hou

TuSimple drama heats up ahead of pivotal shareholder meeting

TuSimple co-founder and former CEO Xiaodi Hou is on a war path in the lead up to Friday’s annual shareholder meeting that will decide the makeup of the company’s board of directors.  Over the past several weeks, Hou has sued TuSimple for control of his voting rights, demanded the company immediately liquidate and return all […]

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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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Former TuSimple co-founder urges courts to block asset transfer to China

Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during

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Former TuSimple co-founder urges courts to block asset transfer to China

Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during

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TuSimple founder Xiaodi Hou is back with a new autonomous truck startup

Two years ago, Xiaodi Hou was ousted from his position as CEO of TuSimple, an autonomous trucking startup he co-founded that has since shut down U.S. operations and delisted from the stock exchange — and, in an odd twist, the company has pivoted to AI animation and gaming in China.  Now Hou is back with

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