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Technology Stocks : The Electric Car, or MPG "what me worry?"

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From: Eric11/26/2025 5:07:08 PM
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Luminar’s Collapse: From $600 to Under $1 & Volvo Ditches LiDAR – WTF?



The Electric Viking

334K subscribers

Nov 24, 2025 2 products

Luminar’s Collapse: From $600 to Under $1 & Volvo Ditches LiDAR – WTF?

Luminar’s stock has imploded from nearly $600 (pre-split equivalent) to under $1 as the company bleeds cash, misses revenue targets, and loses its flagship partner, Volvo, which has now dropped LiDAR from its future EV roadmap.

The fall marks one of the most dramatic collapses in the autonomous-driving sector, raising serious doubts about LiDAR’s commercial future.

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