Financial StabilityThe company is likely to need to raise $1 billion in incremental capital through 2025, which could significantly dilute existing shareholders.
Market PerformanceLuminar Technologies, Inc. reported a non-GAAP loss per share of $.20 for the fourth quarter, missing consensus by $.01.
Product ConcernsDespite the promising aspects of Luminar Halo, there are questions about its durability, performance in adverse conditions, and potential manufacturing challenges.