According to Zhitong Finance APP, former NASA scientist Mark Rober test-drove a car equipped with $Luminar Technologies (LAZR.US)$ Lidar Technology and stated that its performance is superior to $Tesla (TSLA.US)$the Autopilot function, after which Luminar Technologies' stock price soared on Monday. As of Monday's close, the company rose by 27.13%, reporting $6.42.

Stocks of Lidar Technology companies in the USA collectively rose. $Hesai (HSAI.US)$ Yesterday, it closed up nearly 13%. $Ouster (OUST.US)$ Increased by nearly 7%.

Since it was released on YouTube on March 15, the video has attracted over 11 million views. In the video, Robert conducted six tests comparing Lidar technology with Tesla's system, stating that Tesla's system only uses 'simple cameras' and image processing for navigation.

Luminar's stock price recorded the largest increase in over two months. Meanwhile, Tesla's stock price fell by 4.8%, underperforming. $S&P 500 Index (.SPX.US)$ and$NASDAQ 100 Index (.NDX.US)$。

Robert previously worked at NASA and Apple, and now operates a YouTube channel with over 65 million subscribers.

He described in the YouTube video that although Luminar provided the vehicle for testing, he did not receive any financial compensation from the company, and the video is not a paid promotion. Luminar's X and LinkedIn accounts both shared the video link of Robert on YouTube on March 15.

Lidar is short for light detection and ranging, a type of sensor technology that emits laser pulses and measures the time it takes for them to be reflected from objects and return. This data is used to calculate the distance to objects and create a three-dimensional map of objects within an area.

Despite a big rise on Monday, Luminar's stock price is still down about 80% from the one-year high reached last July. The company will announce its fourth-quarter results after the market closes on March 20.

Editor/jayden