Tesla Surprisingly Becomes Luminar's Largest Lidar Customer, Contradicting Musk's Past Criticism

Published on 8 May 2024 on Benzinga via Yahoo Finance

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% of Luminar’s revenue, totaling more than $2 million.

Read the rest of the article

NASDAQ.LAZR price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Luminar Technologies, Inc. (LAZR): Among the Best Lidar Stocks to Buy According...

We recently published a list of 11 Best Lidar Stocks to Buy According to Hedge Funds. In this...

Insider Monkey · via Yahoo Finance 15 Feb 2025

Luminar Technologies, Inc. (LAZR) Stock Slides as Market Rises: Facts to Know...

Luminar Technologies, Inc. (LAZR) closed the most recent trading day at $5.42, moving -0.28% from...

Zacks · via Yahoo Finance 6 Feb 2025

Luminar Technologies, Inc. (LAZR) Registers a Bigger Fall Than the Market:...

Luminar Technologies, Inc. (LAZR) closed at $5.25 in the latest trading session, marking a -1.78%...

Zacks · via Yahoo Finance 29 Jan 2025

Luminar Technologies, Inc. (LAZR) Stock Sinks As Market Gains: What You Should...

In the latest market close, Luminar Technologies, Inc. (LAZR) reached $6.18, with a -1.28% moveme...

Zacks · via Yahoo Finance 23 Jan 2025

Do Redditors Think That Luminar Technologies Inc. (LAZR) Has a Big Upside...

We recently compiled a list of the 11 Reddit Stocks with Biggest Upside Potential. In this articl...

Insider Monkey · via Yahoo Finance 21 Nov 2024

Wolverine Asset Management LLC Acquires New Stake in Luminar Technologies Inc

Overview of the Recent Transaction On September 30, 2024, Wolverine Asset Management LLC made a s...

GuruFocus.com · via Yahoo Finance 18 Oct 2024

Is Luminar Technologies, Inc. (LAZR) a Good Lidar Stock To Buy?

We recently compiled a list of the 10 Best Lidar Stocks To Buy Now. In this article, we are going...

Insider Monkey · via Yahoo Finance 22 Sep 2024

Luminar Technologies, Inc. (LAZR) Exceeds Market Returns: Some Facts to Consider

Luminar Technologies, Inc. (LAZR) closed the most recent trading day at $1.55, moving +1.64% from...

Zacks · via Yahoo Finance 19 Jul 2024

Luminar Technologies, Inc. (LAZR) Ascends While Market Falls: Some Facts to Note

Luminar Technologies, Inc. (LAZR) ended the recent trading session at $1.41, demonstrating a +1.4...

Zacks · via Yahoo Finance 3 Jul 2024

Tesla Surprisingly Becomes Luminar's Largest Lidar Customer, Contradicting Musk's Past Criticism

Tesla Surprisingly Becomes Luminar's Largest Lidar Customer, Contradicting Musk's Past Criticism ...

Benzinga via Yahoo Finance 8 May 2024

News

Tesla Surprisingly Becomes Luminar's Largest Lidar Customer, Contradicting Musk's Past Criticism

NASDAQ.LAZR price evolution

Want to become a better investor?