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Selasa, 19 Januari 2021

Wall Street's new SPAC obsession is a technology Musk mocks

Five lidar firms went public through special-purpose acquisition companies (SPACs) in 2020...
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Wall Street's new SPAC obsession is a technology Musk mocks

Five lidar firms went public through special-purpose acquisition companies (SPACs) in 2020.

While Tesla CEO Elon Musk thinks self-driving cars don't need lidar, nearly all of his competitors disagree.

That means lidar could play a major role in an autonomous-vehicle industry that could be worth $170 billion by 2040.

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