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Ousted billionaire Founder of Luminar makes bid to take back company
short by Medhaa Gupta / on 18 Oct 2025,Saturday
Luminar Technologies' billionaire Founder Austin Russell, who was ousted as CEO of his company following an ethics inquiry, has made a bid to take back his company. As per a regulatory filing, Russell plans to buy all outstanding shares of the LiDAR maker's Class A Common Stock through his new firm Russell AI Labs. Russell is still on Luminar's board.
short by Medhaa Gupta / 01:15 pm on 18 Oct
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