Luminar’s Austin Russell: ‘We probably shouldn’t have existed’ but lidar will drive next-gen safety anyway

At TC Sessions: Mobility today, Luminar founder and CEO Austin Russell admitted that his now successful company was founded in hubris, but that a skeptical eye during peak lidar hype helped them focus on real markets. “It’s no longer about some theoretical promise – you actually have to show real results, real deliveries, real technology and product. There’s been too many promises made out there that were broken.”
In an interview with TechCrunch transportation editor Kirsten Korosec, Russell noted that he, like pretty much everyone else, was convinced early on tha

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