Tesla CEO Elon Musk once called LIDAR a “crutch,” something that automakers would find themselves leaning on in order to solve the problem of self-driving. Soon after, Tesla shifted wholly toward ...

While lidar has been around for years, it’s now more affordable and accessible than ever, so we’re seeing this technology show up on a variety of professional applications … and even in the smart home ...

Luminar’s market cap surged to over $12 billion shortly after its IPO in 2020, but gradually lost value and fizzled after losing a key supply contract with Volvo in November.