8/13/2023 0 Comments Tesla luminar![]() However, that was down from a mid-day high of $613.33.īoth stocks trended down in the afternoon. As part of an overall rally, it ended up 4.4% on the day, closing at $606.44. Reporting by Bloomberg confirmed that the car seen this week was a Tesla and that it was Luminar LiDAR tech mounted on the vehicle.Īs you might imagine, Luminar stock (NASDAQ: LAZR) saw a bump when the Bloomberg report was first published, however, the rally wasn’t sustained and it lost most of the morning gains it had on Monday to close at $21.20 USD, which is towards the low end of its 52-week high of $47.80.įor it’s part Tesla (NASDAQ: TSLA) had quite the day. What isn’t unclear now is that the LiDAR technology that was spotted on the Tesla is from a company called Luminar Technology. With no public statement by Musk or Tesla, it was unclear what it all meant. So, imagine people’s surprise today when a photo emerged of a Tesla being tested in South Florida with LiDAR. ![]() His main issue is that they would make the technology prohibitively expensive and prone to breakdown. In 2019, he was famously quoted as saying “Lidar is a fool’s errand,” and that “anyone relying on lidar is doomed. It can “see” an environment and, when combined with computer AI can steer self-driven vehicles. It does that by targeting objects with a laser and measuring how long it takes for the reflected light to return to the receiver. If you don’t know what LiDAR is, here’s a quick summary: It’s a form of radar that is primarily used to determine special positioning. Other car manufacturers looking at self-driving are including LiDAR in their designs. Musk, you see, is convinced that you do not need LiDAR to engineer self-driving vehicles and Tesla is operating within that mandate. And, as with many conversations in the world, it’s being driven by Elon Musk. However, if you are interested in self-driving technology – and a lot of people are right now – this is a conversation that is dominating. Well, maybe you might have that debate at MIT, or Oxford, or the Swiss Federal Institute of Technology, or something, but not in your normal, everyday life. If you walk into the middle of a conversation debating the merits of Messi vs Ronaldo, or Lewis Hamilton vs Michael Schumacher, you probably aren’t going to start up a conversation about whether self driving cars require LiDAR or whether emerging AI and camera technologies can replace it. Versus with the LiDAR, that's how you know.As debates go, this one is pretty nerdy and not likely to gain you friends down at the pub. You can know at a centimeter-level precision where all these objects are," said the Luminar founder, adding, "Don't get me wrong, adding more cameras and radars and everything is great, but the reality is that it'll always leave you guessing. ![]() "For the first time, you can have a system that understands exactly where all the objects are, so it doesn't take software trying to guess where everything is in the world around you. In an earlier interview with TG, Russell explained how LiDAR may someday bridge the gap to true self-driving tech. In the abovementioned Volvo EX90, the LiDAR sensor can detect objects up to 820 feet away, and it can also spot obscure objects like a tire on a dark road. ![]() Sure, a computer that controls a car will usually have better reaction times than a human driver, but there's no doubt that more information is better. Elon Musk has claimed that Teslas only need cameras because human drivers only use their eyes to detect objects.
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