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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,…
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
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
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
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
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
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
Hiring leaders at Rivian, Tesla, and Amazon's self-driving startup reveal their top tips for landing a job
Top HR managers at Rivian and Amazon-owned Zoox described their thought process during interviews a…
Mark Matousek
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
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
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
Insider Transportation: SpaceX makes 'final attempt' to clear out Texas villagers for its rocket resort, Rivian's 6-figure salaries, and Luminar's bet on lidar
Plus: a battery recycling venture from a Tesla veteran, Mercedes new plan for an electric future, a…
Alex Davies
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
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
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
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
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
There are 7 self-made billionaires under 30 on Forbes' billionaires list this year, and more than half of them are Stanford dropouts
Four of the billionaires on Forbes' list dropped out of Stanford University, and another two gradua…
Marielle Descalsota
Tesla drivers are taking to the streets to test whether Full Self-Driving technology stops for children after viral video shows the EV plowing through a toddler-sized mannequin
The independent tests are not subject to US testing standards and Elon Musk called one of the negat…
Grace Kay
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…