HomeLifestyleVehiclesLuminar (LAZR) CFO Tom Fennimore On Ramping Up Production For Long-Term Revenue
Luminar (LAZR) CFO Tom Fennimore On Ramping Up Production For Long-Term Revenue

Luminar's CFO Tom Fennimore talks what's next for the company following its 1Q earnings miss. He says the company is focused now on execution, and it has the cash with a healthy cushion to get there. In order to fulfill production expectations by next year, Luminar has focused on building out a brand new facility for larger scale. He says in the long-term, ramping up production capabilities will lead to stronger revenue. LAZR stock price today is up over 4% in the pre-market session.

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