Luminar's solid-state LiDAR technology offers high-resolution, long-range capabilities, but faces significant competition from other LiDAR vendors and alternative sensors like cameras and imaging ...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has described lidar sensors as a “crutch” for autonomous vehicles. Yet Tesla has become the largest customer of lidar manufacturer Luminar Technologies, Inc.

When it comes to tracking the stock trading activity of members of Congress, investors often pay attention to the stocks that gain or may raise conflicts of interest. A senator disclosed selling a ...

An unidentified bidder submitted a Hail Mary offer that was "substantially higher" than the winning bid at auction. Founder Austin Russell has been circling a bid, but it's not clear he was behind it.

Luminar Technologies, founded by Austin Russell, aims to save 100 million lives by providing LiDAR software for better driving safety. The Company has an order book of $3.4 billion and plans to launch ...

The company, which makes laser sensors for autonomous driving, says it will transition to an ‘asset light’ model that involves outsourcing manufacturing to other companies. The company, which makes ...

Still waiting on published materials detailing its new strategic plan and associated actions, cost savings, quarterly business update, and Q1 financials as promised by management. In a May 4th presser ...

BofA lowered the firm’s price target on Luminar (LAZR) to $4.50 from $5 and keeps an Underperform rating on the shares. The firm lowered estimates, reflecting a reduction in its revenue forecast, ...

Imagine a future where self-driving cars solve day-to-day issues like long commutes, traffic jams, and roadway dangers. Before that future can become a reality, companies need to build systems that ...