Benzinga·2025-11-19 10:23Core Insights - Volvo has decided to discontinue its partnership with Luminar Technologies and will not include LiDAR technology in its 2026 ES90 and EX90 models due to supply chain issues and Luminar's failure to meet contractual obligations [1] - Elon Musk's long-standing criticism of LiDAR technology is gaining traction as major automakers like Volvo move away from it, suggesting a potential shift in the industry [1][3] - Tesla continues to advocate for a vision-only approach for its Full Self-Driving (FSD) technology, despite scrutiny from regulatory bodies like NHTSA [4][5] Company Developments - Volvo will not offer LiDAR in its upcoming models and has officially ended its relationship with Luminar Technologies [1] - Luminar's stock has reached an all-time low of $0.9018, indicating market concerns about its future following the loss of Volvo as a partner [2] - Tesla's FSD system is under investigation by NHTSA, which is reviewing incidents involving 2.88 million vehicles [5] Industry Trends - Elon Musk has consistently criticized LiDAR, labeling it as "stupid" for automotive applications, while emphasizing the importance of solving vision technology [3] - Despite Tesla's stance, other companies like Waymo and Hesai Technology are still pursuing LiDAR technology for their autonomous vehicle solutions [6] - Tesla's stock performance shows a decline, with a 1.88% drop to $401.25 at market close, reflecting investor sentiment amidst ongoing scrutiny [7]