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TuSimple co-founder demands liquidation, sues company for control of his shares

27 November 2024 at 08:48

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 β€” roughly $450 million β€” to shareholders β€œon a pure pro-rata basis, regardless of share class,” according to a letter that TechCrunch has viewed.Β  Hou is also suing TuSimple […]

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