βΒ $44.3 Million market cap Β· β99.4% from peak
The rise & fall
8 moments Β· 2015β2024
The key moments, with employee sentiment along the way.
2015
π±
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
Apr 2021
First self-driving truck company to IPO
Lists on Nasdaq in April 2021, a landmark for autonomous freight.
CNBC
2021
π
2021
The peak: $8B market cap$8B
Shares climb past $60, valuing the driverless-trucking pioneer above $8B.
CNBC
Oct 2022
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
2022β23
π¬
From the inside Β· Glassdoor reviews, 2022β23
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
π
Feb 2024
Slips out of the club
Voluntarily delists from Nasdaq and exits the US market.
Reuters
Dec 2024
Dec 2024
Rebrands as CreateAI
The autonomous-trucking company reinvents itself around AI animation and gaming.
TechCrunch
Today
Today
Still in the club β and still trading
Live Β· TSPH Β· OTC Markets OTCPKas of 2026-10-30
$0.18β² 5.82% todayβ $44.3M cap Β· β99.4% from peak
π¬ 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
CL
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 Auto Β· LinkedIn β
MC
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.
Disclosed investors (19)
Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.