Luminar Technologies' largest Q1 customer for lidar sensors was Tesla, contributing over 10% of its $21M revenue.
Luminar Technologies revealed Tesla as its largest customer for lidar sensors in the first quarter, accounting for over 10% of its $21 million revenue. Despite Tesla CEO Elon Musk's criticism of lidar sensors in the past, Tesla's purchases of the devices contributed significantly to Luminar's revenue growth. Luminar's revenue increased by 45% year-over-year and 5% quarter-over-quarter.
May 07, 2024
7 Articles