TuSimple

How it happened

TuSimple went public in April 2021 to commercialize self-driving trucks, its market cap topping $8B as shares peaked above $60. An autonomous-vehicle funding drought, national-security scrutiny over its China ties and boardroom turmoil gutted the stock; TuSimple was delisted from Nasdaq in 2024, exited the US and rebranded as CreateAI. Employees chronicled the unraveling in real time: Glassdoor reviews described strategy that changed almost monthly amid relentless executive resignations and firings, and counted multiple layoff rounds — some staff tallied three in six months. Reviewers said H1B workers were cut the same day with little severance, including a round just before Christmas 2022, as US operations were wound down and shifted to China.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.