TuSimple

Autonomous truckingUSA
New to Unitard
πŸ“‰ Public < $1B
PeakΒ $8 BillionToday
βˆ’100%
from peak
  1. πŸ¦„
    Became a unicorn
    2021
  2. πŸ“ˆ
    Peak valuation
    $8 Billion ’21
  3. πŸ’”
    Became a Unitard
    Feb 2024
  4. πŸ’Έ
    Last valuation
    ~$38.2M
Current status
Delisted from Nasdaq (2024); rebranded CreateAI
Live Β· TSPHΒ· OTC Markets OTCPK
as of 2026-09-17
$0.155β–² 3.33% today
β‰ˆΒ $38.2 Million market cap Β· βˆ’99.5% from peak

The rise & fall

8 moments Β· 2015–2024

The key moments, with employee sentiment along the way.

2015
Founded in San Diego
A self-driving truck startup with roots β€” and research teams β€” in both the US and China.
Wikipedia
Apr 2021
First self-driving truck company to IPO
Lists on Nasdaq in April 2021, a landmark for autonomous freight.
CNBC
2021
The peak: $8B market cap$8B
Shares climb past $60, valuing the driverless-trucking pioneer above $8B.
CNBC
Oct 2022
Board ousts the CEO amid FBI and SEC probes
National-security scrutiny over China ties and boardroom turmoil erupt into the open; the stock craters.
WSJ
From the inside Β· Glassdoor reviews, 2022–23
Glassdoor reviews from the decline described strategy that seemed to change monthly amid a steady stream of executive resignations and firings, and employees counted repeated layoff rounds as the US business shrank β€” reviewers said visa-holding staff were hit especially hard, with little severance.
Feb 2024
Slips out of the club
Voluntarily delists from Nasdaq and exits the US market.
Reuters
Dec 2024
Rebrands as CreateAI
The autonomous-trucking company reinvents itself around AI animation and gaming.
TechCrunch
Today
Still in the club β€” and still trading
Live Β· TSPH Β· OTC Markets OTCPKas of 2026-09-17
$0.155β–² 3.33% todayβ‰ˆ $38.2M cap Β· βˆ’99.5% from peak

πŸ’¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—; dated facts carry their source.

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.

Source: IPO Apr 2021; FBI/SEC probes

Founders & leadership

  • Cheng Lu
    President & CEO
    No public profile matched
  • Xiaodi Hou
    co-founder & CTO, later CEO (Caltech; the AI half of the pair)
    Now Chief Executive Officer at Bot AutoLinkedIn β†—
  • Mo Chen
    co-founder & chairman (came from gaming)
    No public profile matched

Current roles as self-reported on LinkedIn, retrieved 2026-08-20. See our methodology.

More from the club

Same sector Β· Autonomous trucking
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