Luminar says Tesla is biggest customer for its lidar sensors

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US prosecutors examining whether Tesla committed securities, wire fraud - Reuters

May 8, 2024 10:43 AM EDT

US prosecutors are assessing whether Tesla (NASDAQ: TSLA) committed securities or wire fraud by misleading investors about electric vehicles self-driving capabilities, according to a report from Reuters on Wednesday..

The publication, citing three people familiar with the matter, said that even... More

Yipit Data Negative on Tesla (TSLA)

May 8, 2024 7:15 AM EDT

Yipit Data Negative on Tesla (NASDAQ: TSLA)

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Luminar Technologies (LAZR) rises following earnings, says Tesla is biggest lidar customer

May 8, 2024 6:49 AM EDT

Luminar Technologies (NASDAQ: LAZR) shares have jumped more than 12% premarket Wednesday after the company reported its latest quarterly earnings after the close on Tuesday.

Luminar reported a first-quarter loss per share of EPS of ($0.19), in-line with the analyst estimate of ($0.19). Revenue for the quarter increased 45% year-on-year, coming in at $20.97 million... More