TechCrunch
Tesla is Luminar’s largest lidar customer
Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. Tesla accounted for “more than 10%” of Luminar’s revenue in the first quarter of 2024, or a little more than $2 million, the lidar-maker revealed Tuesday in its first-quarter earnings report. Luminar reported that its revenue fell 5% from the fourth quarter of 2023, which it mostly attributed to “lower sensor sales to non-automotive customers.”
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