Motional, an AV startup, is undergoing restructuring, leading to layoffs and a pause in commercial operations. Tesla emerges as Luminar's largest lidar customer, purchasing over $2 million worth of sensors. The restructuring at Motional includes cutting around 550 employees, affecting its robotaxi plans.
Self-driving company Motional eliminated 40% of its workforce, or 550 employees
Filings and sources: autonomous vehicle company Motional cut ~550 employees in a restructuring that included delaying a robotaxi service from 2024 to 2026 (@rebeccabellan / TechCrunch) https://t.co/53Me7xaTEd 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/CezNWiY8ET
Around 550 employees across autonomous vehicle company Motional have been laid off. Motional was originally the product of a $4 billion joint venture between Hyundai and automotive supplier Aptiv https://t.co/ePIxxv2uPv
$LIDR is moving. Wonder if it has to do with release that Tesla was spending more money on Lidar than thought? $TSLA
$LIDR is moving. Wonder if it has to do with Elon release that Tesla was spending more money on Lidar than thought? $TSLA
Tesla drives Luminar lidar sales and Motional pauses robotaxi plans: https://t.co/fSPg5FQL8r by TechCrunch #infosec #cybersecurity #technology #news
Tesla drives Luminar lidar sales and Motional pauses robotaxi plans https://t.co/5RuVEwdPGt
Luminar Technologies $LAZR rises following earnings, says Tesla is biggest lidar customer https://t.co/qz3NDMXK6s https://t.co/4CPcRYDIRK
Filing: Orlando-based lidar manufacturer Luminar says Tesla was its "largest LiDAR customer in Q1", contributing 10%+ of its revenue, or ~$2.1M for the quarter (@andyjayhawk / The Verge) https://t.co/IHouepekP4 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/GgdLz4yLBT
Elon said, Lidar is a fools‘s errand technology. That’s probably the reason why $TSLA was Luminar Technologies $LAZR largest customer last quarter. Something smells fishy. Elon lied (again). Luminar says Tesla is biggest customer for its lidar sensors https://t.co/0oazDi6ptI
DESPITE ELON MUSK'S SKEPTICISM TOWARDS LIDAR TECHNOLOGY, TESLA EMERGES AS LUMINAR'S LARGEST SENSOR CUSTOMER IN THE FIRST QUARTER, PURCHASING $2 MILLION WORTH OF LASER-BASED SENSORS
Elon Musk has famously said that lidar is a fool’s errand, and yet Tesla has purchased $2 million worth of the laser-based sensor technology from Luminar https://t.co/kjLdbHZ6hv
Elon Musk Says Robotaxis Don’t Need Lidar – As Tesla Buys Them From Luminar https://t.co/h08XQiieD3
After dissing lidar as a 'crutch', Elon Musk must be feeling real comfy on those crutches. It turns out Tesla is one of Luminar's biggest lidar customer. Oops! @sokane1 breaks the story open for @TechCrunch https://t.co/SBocEZzC1R https://t.co/q8wikvQV1o
Tesla is Luminar’s largest lidar customer: https://t.co/VSLFPSJdhX by TechCrunch #infosec #cybersecurity #technology #news
Tesla is Luminar’s largest lidar customer https://t.co/nsblIYcZDK
This should not be a surprise to anyone. Tesla has used Luminar LIDAR to gather ground truth training data for their pure vision system for years https://t.co/bKYAQMGk06
Tesla is Luminar’s largest customer 😂 $LAZR https://t.co/C3xA0dJ4zQ
Tesla bought over $2 million worth of lidar sensors from Luminar this year https://t.co/mJRTqBeVc8
SCOOP: Motional delays commercial robotaxi plans amid restructuring - @kirstenkorosec has been all over this story https://t.co/2RtyNWyeQD - tip @Techmeme
Motional delays commercial robotaxi plans amid restructuring: https://t.co/ecgV8YKwNA by TechCrunch #infosec #cybersecurity #technology #news
AV startup Motional announces layoffs, and is pausing its commercial operations. The boss @kirstenkorosec with the scoop: https://t.co/ZDyspfGoTL