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0 pointsstetrain2y ago0 comments

Because $1000 of Lidar hardware per car would be $1.85 billion per year.

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4 comments · 2 top-level

fmobus2y ago· 2 in thread

Take out of his 56B comp package

stetrainOP2y ago

Those are stock grants which don’t directly affect the company’s net income.

adrr2y ago

They do affect net income when they vest. It is treated as an expense in GAAP.

Zigurd2y ago

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.

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