A pioneer in autonomous driving is doubling down on a self-driving technology called lidar that uses sensors to navigate through traffic, instead of cameras, just a few weeks after Tesla CEO Elon Musk called the technology 'freaking stupid.'
Aurora CEO Chris Urmson said his company bought Blackmore, which develops and manufactures the sensors, for an undisclosed sum. Light detection and ranging technology uses light in the form of a pulsed laser to measure the distance of objects from cars, drones and other gadgets.
Urmson's belief in lidar is important given his track record and reputation developing autonomous vehicles. For years, Urmson ran theself-driving car project that was later named Waymo, the autonomous-vehicle company which is widely regarded as the leader in driverless cars. Urmson left Google in 2016 shortly before the tech giant rebranded its self-driving car program.
Close-up of self driving minivan, with LIDAR and other sensor units and logo visible, part of Google parent company Alphabet Inc, driving past historic railroad station with sign reading Mountain View, in the Silicon Valley town of Mountain View, California, with safety driver visible, October 28, 2018.The key to that plan is Tesla's autopilot technology.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Musk to review all of Tesla's expenses in new cost cutting planTesla Inc Chief Executive Officer Elon Musk told employees on Thursday that he w...
Read more »
Read the email Elon Musk sent to Tesla employees calling for 'hardcore' control of expensesThe memo says that $2 billion in fresh funding would only cover 10 months of business at the company's first quarter burn rate.
Read more »
Elon Musk rewrites fast-moving Tesla cash storyThe electric-car maker’s CEO is mandating “hardcore” cost controls, admitting Tesla could burn $2.4 bln of new capital in 10 months. That puts growth plans in question. It also seems to contradict earlier rosier statements. Investors and watchdogs should have a few questions.
Read more »
Why Tesla is Not a Car Company and What You Can Learn From Elon MuskWhen I was in business school, I learned that most companies were often not in the “business” they appeared to be. It is indeed comfortable to categorize a company’s business by its industry: transportation, financial services, manufacturing...etc.
Read more »
Tesla deliveries set to top record in second quarter: Musk emailTesla shares up after Reuters confirms authenticity of an email circulated by CEO ElonMusk that claims the company produced 900 Model 3 cars per day this week
Read more »
‘Dark clouds over Fremont’: Tesla enters survival mode as stock price dropsElon Musk’s growth story is looking more like a fable as Tesla Inc. enters survival mode.
Read more »
Tesla shares tumble on Musk’s call for ‘hardcore’ review and Autopilot crash concernsTesla Inc. shares sank after Elon Musk called for a review of all the electric-car maker’s expenses.
Read more »
Nothing Elon Musk has done has stopped the bleeding at Tesla — and things look like they're going to get worseTesla is doing everything it can to stop bleeding, but right now Wall Street couldn't care less.
Read more »
Tesla drops for sixth straight session, down 20% since share offerTesla shares extended their recent sell-off on Wednesday after Citi cut its pric...
Read more »
Mark Zuckerberg should hire Microsoft's Brad Smith as CEO, says former Facebook security chiefFormer Facebook executive Alex Stamos said Mark Zuckerberg should hire a new CEO and turn his focus to building products.
Read more »
Stocks making the biggest moves midday: Tesla, Lowe's, Nordstrom, Target & moreThese are the stocks posting the largest moves midday.
Read more »