Luminar Technologies Stock Is Trading Lower Monday - What's Going On?
Luminar Technologies Stock Is Trading Lower Monday - What's Going On?
Lidar company Luminar Technologies, Inc. (NASDAQ:LAZR) is reducing its workforce by 20% and relying more heavily on its contract manufacturing partner as it restructures towards a more "asset-light" business model to scale production. The stock is trading lower, and it went down as much as 13% on Monday.
激光雷達公司Luminar Technologies, Inc.（納斯達克股票代碼：LAZR）正在裁員20％，並更加依賴其合同製造合作伙伴，以向更 “輕資產” 的商業模式進行重組以擴大生產。該股交易價格走低，週一下跌了13％。
The workforce reduction will impact about 140 employees. The company will also part ways with most of its contract workers.
裁員將影響約140名員工。該公司還將與大多數合同工分道揚ways。
Also Read: Will Luminar Technologies Need To Raise $1B In Capital? This Bearish Analyst Answers
另請閱讀： Luminar Technologies需要籌集10億美元的資金嗎？這位看跌的分析師回答
Founder and CEO Austin Russell emphasized in a letter on Luminar's website that the company is at a crossroads. While its core business remains strong in technology, product, industrialization, and commercialization, challenges in the capital markets require a shift in the business model and cost structure. He noted that the restructuring aims to expedite product delivery, significantly cut costs, and enhance profitability, TechCrunch reports.
創始人兼首席執行官奧斯汀·羅素在Luminar網站上的一封信中強調，該公司正處於十字路口。儘管其核心業務在技術、產品、工業化和商業化方面仍然強勁，但資本市場面臨的挑戰要求商業模式和成本結構的轉變。他指出，TechCrunch報告稱，重組旨在加快產品交付，大幅削減成本並提高盈利能力。
Luminar aims to lower operating costs by $50 million—$65 million annually, partially by reducing its global footprint through subleasing some facilities. The company will retain its Florida development, testing, and research facility.
Luminar的目標是每年將運營成本降低5000萬至6500萬美元，部分原因是通過轉租一些設施來減少其全球足跡。該公司將保留其在佛羅里達州的開發、測試和研究設施。
In April, Luminar shipped production lidar sensors to Volvo for their EX90 SUV. It announced a deeper partnership with TPK Holding, a Taiwanese contract manufacturer, which has committed to an exclusive relationship with Luminar.
4月，Luminar向沃爾沃運送了用於其EX90 SUV的量產激光雷達傳感器。它宣佈與臺灣合同製造商TPK Holding建立更深層次的合作伙伴關係，後者已承諾與Luminar建立獨家關係。
In April, BofA Securities analyst downgrated the stock citing weaker demand for EV, leading to a cash flow breakeven by 2030. He also flagged the need to raise $1 billion in incremental capital through 2025, which would dilute existing shareholders.
4月，美銀證券分析師以電動汽車需求疲軟爲由下調了該股，導致到2030年現金流實現盈虧平衡。他還表示，需要在2025年之前籌集10億美元的增量資本，這將稀釋現有股東。
Luminar Technologies stock lost over 74% in the last 12 months. Analysts can gain exposure to the stock via Direxion Moonshot Innovators ETF (NYSE:MOON) and First Trust Nasdaq Artificial Intelligence And Robotics ETF (NASDAQ:ROBT).
在過去的12個月中，Luminar Technologies的股票下跌了74％以上。分析師可以通過Direxion Moonshot Innovators ETF（紐約證券交易所代碼：MOON）和第一信託納斯達克人工智能與機器人ETF（納斯達克股票代碼：ROBT）獲得股票敞口。
Price Action: LAZR shares traded lower by 7.14% at $1.56 premarket on the last check Monday.
價格走勢：週一最後一張支票中，LAZR股價盤前下跌7.14％，至1.56美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明： 該內容部分是在人工智能工具的幫助下製作的，並由Benzinga編輯審閱和發佈。