TuSimple discloses founder Hou's resignation and retaliation allegations; Board denies claims

TuSimple Holdings Inc.

Former director and founder Hou resigned March 9, citing disagreement with shift from L4 to L2+ autonomy and opposition to CEO pay while laying off employees.
Board claims Hou resigned to avoid interview in internal investigation for improperly soliciting employees for a personal venture.
Hou alleges the investigation was retaliatory; Board calls his claims pretextual and false, reiterates focus on L4 autonomous driving.
Company asks Hou to honor cease and desist letter sent to his counsel; vows to protect employees and IP.

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