[seanmcdirmid]

"I think there is a world market for maybe five computers."

Thomas Watson, president of IBM, 1943

Is the LIDAR market really just $1-3b because of how expensive they are now?

[nostrademons]

It's possible, but if LIDAR is actually a fundamental breakthrough technology at $7500/per that opens up lots of other new markets, it will require buy-in of many, many entrepreneurs seeking to find uses for this technology. Betting on that likely looks a lot worse to Wall Street than betting on self-driving cars.