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You Searched For "Luminar Technologies" and got 20 results


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28-year-old billionaire Austin Russell acquires 82% stake in Forbes

Austin Russell, 28-year-old Chairman and CEO of automotive technology company Luminar Technologies,…

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An ex-Tesla lawyer received nearly $30 million to ditch Elon Musk's company for a 27-year-old billionaire's self-driving startup

Alan Prescott left Tesla to join Luminar, a startup developing LIDAR for self-driving cars. The amo…

Grace Kay   


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Tesla quietly spent $2 million on a technology Elon Musk previously trashed as a 'fool's errand'

Tesla was the biggest customer for lidar manufacturer Luminar last quarter, according to its earnin…

Ana Altchek   


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Luminar Technologies jumps 21% after it hires Tesla's general counsel as chief legal officer

Alan Prescott will join Luminar directly from Tesla, and will be responsible for directing all lega…

Matthew Fox   


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Luminar skyrockets as much as 44% after striking deal with Nvidia for self-driving car technology

Luminar Technologies specializes in long-range Lidar products, with the goal of making widely avail…

Phil Rosen   


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Luminar's stock could gain 40% as it racks up partnerships for its autonomous vehicle lidar technology, BofA says

Bank of America initiated coverage of the autonomous vehicle technology company with a "neutral" ra…

Emily Graffeo   


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An autonomous-vehicle company that uses technology Elon Musk said is 'doomed' went public via SPAC and is up over 110% in 3 days

Luminar's SPAC debut propelled 25-year-old CEO Austin Russell to become one of the world's youngest…

Emily Graffeo   


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11 mins read

The world's youngest self-made billionaire hopes to power every future self-driving car with a technology that Elon Musk says is 'doomed'

Austin Russell, 25, became the youngest self-made billionaire after taking Luminar, which builds li…

Hillary Hoffower   


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Luminar jumps 19% after Mercedes acquires stake in the company and plans to use its tech for self-driving cars

Shares of Luminar skyrocketed after Mercedes-Benz announced plans to use the technology supplier's …

Phil Rosen   


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Tesla is reportedly testing lidar sensors, which Elon Musk dismissed as 'expensive' and 'unnecessary'

Elon Musk says he can deliver on his self-driving promises without lidar. Tesla is reportedly testi…

Tim Levin   


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Tesla's top lawyer has left Elon Musk's company for a 26-year-old billionaire's self-driving startup

In 2019, Tesla CEO Elon Musk described the technology Luminar was developing for self-driving cars …

Grace Kay   


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Orlando is gearing up to rival Silicon Valley by becoming a hub for tech, defense, and finance

Lockheed Martin, Oracle, Verizon, and Deloitte all have offices in Orlando - and more companies are…

Grace Dean   


Grace Kay   


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Elon Musk's rival Austin Russell said Teslas will not become self-driving anytime soon

While Elon Musk has been promising autonomous cars are on the horizon, Austin Russell has made bill…

Grace Kay   


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Lidar stocks extend 2-day pop to more than 30% on report that Apple is building its own car

A self-driving car company that doesn't rely on lidar sensor technology is Tesla, which instead uti…

Matthew Fox   


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A 26-year-old CEO has been crowned the youngest self-made billionaire on Forbes' annual billionaires list after Kylie Jenner was removed

Austin Russell became a billionaire almost overnight in December when his company, Luminar Technolo…

Grace Kay   


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Tech: The economy might just be fine

In today's edition, we break down why we probably won't see a true recession anytime soon — despite…

Jordan Parker Erb   


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10 things in tech: Oracle infighting, Amazon's MGM deal, Intel power players

Amazon could announce MGM deal this week, and employees say Oracle has a "culture of fear": 10 thin…

Jordan Parker Erb   


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10 things in tech you need to know today

Will.i.am designed a smart mask, Goldman Sachs employees are quitting in droves, and Best Buy is ta…

Jordan Parker Erb   


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10 things in tech you need to know today

CEOs respond to ex-cop's guilty verdict, hackers blackmail Apple, and Whole Foods customers can pay…

Jordan Parker Erb