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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 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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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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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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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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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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Alex Davies   


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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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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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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   


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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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   


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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   


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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   


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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…   


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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