Latest News June 19, 2023 Luminar CEO Austin Russell Doesn’t Understand Why His Stock Is Down. We Do. Posted By: Austin Russell, founder, and CEO of Luminar, wants investors to give his company more credit for its successes Getty Images for TechCrunch Austin Russell, founder and CEO of lidar start-up Luminar Technologies isn’t happy that shares of his company are down 86% from record highs. And he’s a bit perplexed by how the market has treated Luminar stock. He shouldn’t be.