Tesla CEO Elon Musk Once Called LiDAR 'Fool's Errand' — Volvo Now Pulls Plug On Luminar Partnership: LAZR Stock Hits All-Time Low - Luminar Technologies (NASDAQ:LAZR)

As Swedish automaker Volvo pulls out of its partnership with Luminar Technologies Inc. (NASDAQ:LAZR) , are Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's bearish views on LiDAR technology finally vindicated?Volvo To Not Offer LiDAR in 2026The automaker will not offer any LiDAR tech on its 2026 ES90 and EX90 models, according to a report by The Drive on Tuesday. Volvo will "discontinue its relationship" with Luminar over supply chain issues and the LiDAR maker's failure to "meet its contractual obligations," a spo ...