Luminar CFO defends lidar maker’s pricing and revenue

A Mercedes-Benz van retrofitted with unique types of lidar devices, together with Luminar’s Iris, to showcase the distinctions in the systems. Michael Wayland / CNBC Lidar maker Luminar Technologies, stung…

Elon Musk defends tweets in securities fraud trial in San Francisco

Alex Spiro, lawyer to Elon Musk, center, departs court in San Francisco, California, US, on Tuesday, Jan. 17, 2023. Benjamin Fanjoy | Bloomberg | Getty Photos Tesla CEO Elon Musk appeared…

BMW boss defends XM’s styling: ‘I want controversy’

BMW has raised extra than a few eyebrows with its the latest types, and that is absolutely intentional. Organization boss Oliver Zipse argued that a controversial-hunting motor vehicle is much…

Energy secretary defends Tesla EV tax credit exclusion

Electricity Secretary Jennifer Granholm on Friday defended the Biden administration’s proposal to give tax credits for electrical motor vehicles produced by unionized automakers, a transfer that could exclude non-union Tesla.…

Buttigieg defends safety agency appointment after Musk claims she’s ‘biased’

Elon Musk voiced issues on Twitter over the recent appointment of Missy Cummings to a essential advisory role at the country’s best targeted visitors authority, but U.S. Transportation Secretary Pete…

Muddy Waters’ Carson Block defends short selling as ‘pretty American’

Carson Block defended the practice of small-advertising Wednesday, telling CNBC it provides a essential job in protecting buyers by figuring out firms that could be misleading investors. “I acquired into…