Self-driving trucking-technology company TuSimple believes it can unlock value by looking for partners, and possibly selling a portion of a subsidiary. Investors appear to agree.
TuSimple (ticker: TSP) announced Monday it would “explore certain transactions” for its Asia-focused business. That isn’t an outright sale. Instead, TuSimple appears to be looking for a partner to provide capital. If the price is right for the Asian operation, the valuation mark could give the value of the entire entity a boost.
“TuSimple has…
