Comment on Tesla bought over $2M worth of Lidar from LuminarparentComments−stetrain2yBecause $1000 of Lidar hardware per car would be $1.85 billion per year.−Zigurd2yIf you make millions of them per year, lidar won't cost $1k per car. OTOH existing lidar designs are not designed for mass market manufacturing or serviceability.−fmobus2yTake out of his 56B comp package−stetrain2yThose are stock grants which don’t directly affect the company’s net income.−adrr2yThey do affect net income when they vest. It is treated as an expense in GAAP.
Comments
Because $1000 of Lidar hardware per car would be $1.85 billion per year.
If you make millions of them per year, lidar won't cost $1k per car. OTOH existing lidar designs are not designed for mass market manufacturing or serviceability.
Take out of his 56B comp package
Those are stock grants which don’t directly affect the company’s net income.
They do affect net income when they vest. It is treated as an expense in GAAP.