Luminar Technologies, Inc.
Long
Updated

10x potential; Technology is worth more than Market cap

386
- LAZR operates in hardware technology which improves autonomous push for cars etc.
- Business wise they have focussed on right initiative like assistive driving
- They have OEM partners which operate in premium segment and LAZR is in inflection point where business is turning around and their book will be converted into revenue as production ramp up.

- Market cap is just 154 million, I believe they can easily get debt offering based on their backlog and technology.

- At this market cap, I believe their technology commands more value $$$ than the market cap.
- Hardware innovation is hard to master than software.
Trade closed: stop reached
Glad I had taken the profits pre-earnings. Management is in a shitty situation and crazy that they are not able to cash in from their backlogs.

only way to play lidar is to go long OUST

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