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%+ (Wall Street Journal)

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%+ (Wall Street Journal)

Wall Street Journal:
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