Tesla Surprisingly Becomes Luminar’s Largest Lidar Customer, Contradicting Musk’s Past Criticism 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. (NASDAQ:LAZR). As disclosed in Luminar’s earnings report on Tuesday, in the first quarter of 2024, Tesla contributed over 10% […]
Photo: Apu Gomes (Getty Images) Elon Musk has long been a fan of, well, fibbing, and now it seems very possible he was caught in a little lie once again. The Tesla CEO has been a detractor of lidar sensors for self-driving vehicles for some time now. He’s gone so far as to say other […]
SAN FRANCISCO, May 7 (Reuters) – Luminar Technologies , a maker of lidar sensors for self-driving cars, said on Tuesday that Tesla was the largest customer for its sensors in the first quarter, accounting for more than 10% of its total revenue of $21 million during the period. Tesla’s electric vehicles that are sold do […]
SAN FRANCISCO (Reuters) – Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Tuesday that Tesla was the largest customer for its sensors in the first quarter, accounting for more than 10% of its total revenue of $21 million during the period. Tesla’s electric vehicles that are sold do not use lidars […]
Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top customer. Tesla accounted for “more than 10%” of Luminar’s revenue in the first quarter of 2024, or a little more than $2 million, the […]
(Reuters) – Luminar Technologies launched its latest lidar sensor on Tuesday and said it has partnered with auto software maker Applied Intuition to aid automakers in testing their assisted-driving systems. The tie-up will provide solutions for automobile manufacturers to test their assisted driving systems using Applied Intuition’s sensor simulator integrated with Luminar’s lidar sensor models. […]