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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 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
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 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
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
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
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
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
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…
Jordan Parker Erb
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
Tesla says cameras in its cars aren't enabled in China after reported security concerns from the Chinese government
The company's statement comes after reports that the Chinese government had restricted the use of T…
Tim Levin
Insider Transportation: EV startups take a new road to public markets, airlines ditch change fees, and more
Plus: The 11 electric vehicle startups with the best shot at becoming the 'next Tesla,' Elon Musk's…
Alex Davies
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
Here's an exclusive look at the pitch deck used by mental health startup Mindler to land $8.7 million during the pandemic
"We had strong growth pre-coronavirus but given new impetus on digital health care and particularly…
Callum Burroughs,Callum Burro…
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…