LAZR

Luminar Technologies Inc

research_scan theme='autonomous-mobility'; value_chain_position='picks-and-shovels'; Lidar sits on a commoditisation glide path — Hesai's China-domestic cost floor compresses Luminar gross margin (parallel to the humanoid magnets/reducers pattern documented in robotics-humanoids/2026-09-18). Included for calibration despite equity stress. Watch for BIS Section 232 action on Chinese automotive lidar imports.