U.S. Markets open in 2 hrs 48 mins

Autonomous vehicle pioneer doubles down on technology Tesla CEO Elon Musk calls 'freaking stupid'

Phil LeBeau

Aurora CEO Chris Urmson, CEO of self-driving car start-up Aurora, says his company has bought Blackmore for an undisclosed sum. Musk called lidar technology "freaking stupid," expensive and unnecessary. Aurora CEO Chris Urmson said his company bought Blackmore, which develops and manufactures the sensors, for an undisclosed sum.