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FTC alleges Qualcomm forced Apple into iPhone LTE chip deals

Basically, Qualcomm has thousands of patents that are required to implement basic wireless standards. They have a lot of key patents relating to CDMA, which Verizon and Sprint use in the US. For example, they made Apple agree to use their modems exclusively for years to get decent rates. For other manufacturers, they threatened to refuse giving Qualcomm's modems (required to work on the CDMA networks) unless the company also used the Snapdragon processors or agreed to not use Basebands from other modems. This is why Apple started by suing Qualcomm, because after they started using Intel modems in some phones Qualcomm started withholding "incentive payments" (essentially pre-agreed upon discounts) which may have totaled a billion dollars.

If Qualcomm just competed under the quality of their products and made the patents available under FRAND terms then there would be no controversy. Instead, manufacturers are tired of Qualcomm using their patents to take unfair advantage of them (either ridiculous non-FRAND terms for standards essential patents, or making them sign exclusivity agreements on phone SoCs/modems in order to get more fair pricing).

Qualcomm certainly makes the Snapdragon line of SOCs which are used by the millions in many phones. But in this case Apple is not using the Snapdragon instead they have their own in-house SOC.

No Qualcomm does not. Qualcomm has no chip fabs. They, like ARM, contracts foundries to actually manufacture the chips. Qualcomm sells the design. Now for certain models, Qualcomm can designate a company to be the exclusive foundry. For example, Samsung is the exclusive manufacturer of the Snapdragon 820. So if you are LG and you want to use the 820, you have to license the 820 from Qualcomm and then contract with Samsung and not TSMC.

The racism bleeds through so much. The vast majority of employees in SV are not H1B; they're US citizens. And they are roughly 50% white (lower than national average by a whole lot). Source: http://fortune.com/2015/07/30/...

So no, it doesn't look like "a suburb of Mumbai". Though yes, there are a lot of Indian and Chinese workers here (again, mostly either permanent residents or US citizens). But that, of course, didn't stop you from from assuming they're "all H1B imports".

Really?

as relevant as your reply to the topic of what people think of Germany

http://fortune.com/2014/10/22/...
http://greece.greekreporter.co...

Oh look. I'm entirely on fucking topic regarding the sharing of wealth. So sorry for breaking your shitty false narrative.

By a democratically appointed parliament made of members of the nation states?

Sure. Remind me, who democratically elected Juncker?
http://www.telegraph.co.uk/new...

Shit, if you want to list good things the EU has achieved then by all means do that. But at least try including some basic checkable fucking facts.

Solar has far exceeded the commercial viability test. Solar is the cheapest energy source in the world, without subsidies. Now you have crappy solar insolation there in the UK, so it isn't the cheapest source for you yet.

The missing piece of this article is that China is dumping a lot of money into developing thorium nuclear power. In comparison, Uranium is expensive, hard to dispose of, way too radioactive, and terribly inefficient.

You mean the one that the US Dept of Energy** is helping them build because they can't convince the US government to fund it?

In the meantime, overcapacity, cost overruns due to mounting safety requirements*** have delayed China's near term nuclear efforts. Maybe their future Thorium nuclear endeavors will go more smoothly...

It's good to have optimism about new things, but sometimes thorium cheerleaders seem to have unwarranted optimism given the issues surrounding nuclear projects in the short history of nuclear power.

**Isn't that department headed by Rick Perry who as a candidate wanted to eliminate that department, but apparently couldn't remember it's name...

***The same cost overruns that have basically pushed Toshiba near bankruptcy and Areva towards a french government bailout

Now you don't even have to trick your victim into saying yes, you can just keep them talking for a minute. If you're unfamiliar with the scam, here's a description:

http://fortune.com/2017/03/28/...

What is that even about? I know of no voice based authorizations?

http://fortune.com/2017/03/28/...

A rose by any other name is still a rose. Last year Amazon changed the job title of Andy Jassy and Jeff Wilke to CEO along with Jeff Bezos.

As far as I can tell, in reality Andy Jassy is still VP of AWS and Jeff Wilke is VP of everything else ("Worldwide Consumer") and Jeff Bezos is still CEO. Calling a VP a CEO is stupid IMO.

http://www.geekwire.com/2016/a...
http://fortune.com/2016/04/07/...

Google basically did the same thing when it re-organized under Alphabet where Larry Page still oversees all the "CEOs" that are actually VPs of Calico, CapitalG, DeepMind, Google, Google Fiber, GV, Jigsaw, Nest, Sidewalk Labs, Verily, Waymo, and X.

There are companies with more than one CEO who actually share the job. Whole Foods and Chipotle tried it, but it didn't work out for them and they switched back to a single CEO. Oracle has two CEOs in name atm, but from what I've heard Larry Ellison is still running the show and its another case of bad titles. I don't think there are any major American businesses that still have multiple CEOs, but it apparently is more common in other countries like Germany. I don't really know anything about German business though.

https://www.forbes.com/sites/m...
https://www.fool.com/investing...

Nothing says long haul trucking like a vehicle with a 200 mile range and a 6 hour recharge time.

I guarantee you that this thing is going to have a fast-swap battery pack.

The Model S already has a battery pack that can be swapped in about 90 seconds by a computer-controlled machine. It turned out that very few Model S owners wanted to pay for the fast battery swap service; the Supercharger service is adequate to most people's needs. (By the way, the Supercharger is much faster than your suggested 6 hours of charge time, for existing cars at least.)

So if range and charging time is an issue, companies will have the option of buying extra batteries and setting up battery-swap hubs at key locations on long haul routes. Or Tesla will do it like they tried for the Model S.

And hey what do you know, Tesla is investing heavily in a battery "gigafactory" and is going to bring the cost of batteries down as much as possible, as soon as possible.

So your joke was amusing but you have not actually identified a real problem. It's almost like Tesla knows what it's doing.

Whether we like it or not, he is President, and as President he gets to set policy for the executive branch... which previously included an order for certain agencies not to provide updates via social media.

While I suspect some of the 'alt' department accounts are simply a fake PR attempt by the 'resistance', if the person running this particular account is an employee of the department in question, then they are very clearly violating the previously mentioned order... which at last check no one has claimed is unlawful.l a result, this person could be subject to penalties by their employer for the same thing which got then deputy-AG Sally Yates fired... insubordination.

You'll have to be more specific.

Did someone leave a Tesla a bad review and was told suddenly they won't be able to drive their car anymore and to go push it to the nearest shop for a refund?

When Elon unilaterally canceled an order for a Model X of a self proclaimed Tesla enthusiast who complained in a blog about a disorganized customer event where he didn't get a chance to sit in the car, that person didn't even get to drive it in the first place and thus didn't need a refund.

The lesson here is that it's okay to diss past and potential future customers, but not current customers, right?

India, pharmaceuticals, and ethics.
http://fortune.com/2013/05/15/...
What kind of assholes are these, that they would make bogus HIV drugs knowing that the fake drugs are causing people to die. We're talking about hundreds of thousands of early deaths, and perhaps millions. Their watered down antibiotics are probably a major cause of why antibiotic resistance is so prevalent there.

What's sad about this story is that Ranbaxy is not an unusual case.
http://www.reuters.com/article...

They aren't a huge company, but they got scammed for $40 million:

http://fortune.com/2015/08/10/...

Full disclosure, I am a critical care physician (4 yrs college, 4yrs med school, 3 yrs IM residency, 3 years critical care)

How much do you think the average doctor gets for prescribing an opioid? Doctors aren't pharmacies. Doctors aren't pharmaceutical companies. Doctors aren't insurance companies.

This is a really rough estimate......

Look long and hard look at this reimbursement schedule (also look at how poorly Medicaid pays). Pay attention to these 2:

Office Visit, Initial, New Patient Level 2 - $75 for ~20 minutes

Offiice Visit, Established Patient Level 2 - $45 or ~20 minutes

So 3 patients/hour x 8 hours//day

Lets say half the patients you see are these types of visits, and of those, half are a mix of new and establishes (never is, most are established) 1.5 patients/hour x 8 hours = 12 patients daily

6 will be established 6*75= $450

6 will be new. 6*45= $270

The other 12 patients? Maybe you can see 12 really sick (6 established, 6 new)

6 * 200 = $1200

6 * 150 = $900

Hopefully your day would be filled with more complex patients, but it doesn't really matter. A new "complex" patient that you spend 60 minutes with will get you $200 reimbursement. So this person, for internal medicine, who went to college for 4 years, medical school for 4 years, then 3 years for residency is getting patient by Medicare (and likely your insurance company) $200 to spend an hour with you. Unless you like in rural America, you probably wont get a lawyer to sit with you for that price (I put that link in there because I did all my training at the #1 hospital in the US, but docs aren't reimbursed like that) for an hour.

So a really good day you can make $2820. Or about $700,000 revenue /yr. Now start to subtract your staff, and the time writing notes and billing queries (insurance companies are always trying to undersell how sick someone is, docs are trying to make their patients look sicker etc..), rent, EMR costs, malpractice (about 15000/yr), blah blah.....

For me, I do critical care. I bill a "99291" code for spending up to 74 minutes bringing your nearly dead loved one pack to life. The reimbursement is $239. Really? It is pretty much the same amount as sitting and talking to your elderly loved on who has 4 or 5 outpatient medical problems.

The dirty secret in medicine is right now if you want to make money as a doctor you need to specialize and do procedures. Even with volume, the numbers still add up 1 60 minute visit gets you the same reimbursement as 3 20 minute visits. That is the only way to "make money" in the ways that are often thought about in the sense of doctors make money.

If anything I hope this shows you that after 11+ (minimum) years of training, doctors are definitely not overcompensated and if anything you can make the argument that compared to other, essentially lesser trainer specialities (lawyer, engineers etc...) their "hourly" rate is undervalued. That is not even taking into account that most doctors are graduating with $200,000 or $300,000 of student loan debt.

Speaking of vaccines, Donald Trump's Secretary of Health & Human Services believes vaccines should be "up to the states", because apparently diseases respect state boundaries. Apparently, insurance companies should cross state lines, but vaccines should not.

He's also a member of some organization of anti-vaccine knuckleheads.

http://nymag.com/scienceofus/2...

And of course, Trump himself is an anti-vaxxer:

http://fortune.com/2017/02/16/...

I'm telling you, the current administration is made up of crisis actors.

>They only need to gain control, not get the whole
> package. Or they just need to control the owners.

Zuckerberg has set up a special class of "super-shares" that give him over 50% of votes (i.e. control of Facebook) even if he only has a small percentage of overall shares. http://fortune.com/2016/12/13/...

> The reality is that Mark Zuckerberg can do whatever he wants with Facebook because
> he controls more than 50% of the votes using the same kind of multi-voting shares
> Larry Page and Sergey Brin use to control Alphabet and Google. He also controls the
> board of directors thanks the creative use of proxy votes from other co-founders.

There's so much press about how Trump is an amazing businessman. Truth is he's not all that good compared to Bill Gates or Warren Buffet. Sure, he's still much richer than most of us slobs, but he *only* increased his wealth by 300% from 1987 to 2015. Bill Gates' worth grew 7,173%, and the S&P grew ~1,300%.

That's right folks, our president would be much wealthier if he just invested in some stocks... instead of his failed University, his failed airlines, and other instances. So yea, his children would be wise to make their own investments into some up-and-coming technologies and companies. Or even some established big guys that have a history of strong growth.

Will the Ex-Im Bank Enable Boeing's Deal With Iran?

Boeing Says China Is Going to Buy $1 Trillion Worth of Planes

Boeing pitches China facility as Trump-friendly

Trump accuses with evidence. http://fortune.com/2017/03/04/...

It looks like the company pushed pretty hard for a lock-up period for IPO investors. Whenever a company goes public, most pre-IPO shareholders are subject to a lockup period. http://fortune.com/2017/02/28/... So the number of shares available for trading is much lower than the actual float. Also many (if not all) book-runners require their buyers to hold for 60 days. So there just aren't very many shares to trade after an IPO. The price goes up for a paper-gain but doesn't represent a consensus valuation. http://fortune.com/2017/02/28/...

It looks like the company pushed pretty hard for a lock-up period for IPO investors. Whenever a company goes public, most pre-IPO shareholders are subject to a lockup period. http://fortune.com/2017/02/28/... So the number of shares available for trading is much lower than the actual float. Also many (if not all) book-runners require their buyers to hold for 60 days. So there just aren't very many shares to trade after an IPO. The price goes up for a paper-gain but doesn't represent a consensus valuation. http://fortune.com/2017/02/28/...

Do you realize that the richest people in the world are all walking around with the same exact smart phone as many of the poorest? Talk about leveling the playing field. Who cares if someone is richer than ever but many things they can't even buy a better version of.

Nope, they are paying $151K for gold plated, diamond encrusted Trump phones, not using the same phone the plebs use. That's so other people can recognize how rich and important they are.

I would buy a Mustang at $25K, or maybe a 911 that is a few years old and have fun driving it and save the rest because pissing money away will eventually leave you with none (just ask most multi-million dollar lottery winners http://fortune.com/2016/01/15/... and a slew of celebrities http://www.foxnews.com/enterta... ). People who buy $100k plus cars very likely have tiny dicks and got their money by being lucky, not good. That or they have so much money they don't know what to do with it.

Just to make things actually clear for people:Audio CDs (MP3) are already a lossy format. MP3 does not capture all the audio in a live recording. This is why audiophiles love vinyl records and why the vinyl industry *grew* in 2016. https://www.lifewire.com/what-... http://fortune.com/2016/04/16/...

Elon Musk is on record for saying that Tesla cars would drive themselves by the end of 2017, adding that it would mean full autonomy with a reliability greater than that of a human.

In my opinion, the reason why Apple and Google have pulled out is not that the technology does not work, but that it is not yet demonstrably sufficiently reliable, and that cheap sensors that make the technology both feasible and economic are not out yet.

Meanwhile the traditional car makers are content with a partnership with the likes of Mobileye just to exist in this space.

Personally I believe full car autonomy is feasible, safe and useful on highways, and has been for some time. I'm not sure about economic. The other use cases are not so clear cut.

Per a Fortune Tech article at
http://fortune.com/2017/02/21/...

"Yahoo and Verizon will share the legal costs from consumer class action cases related to the breaches. But Yahoo alone will absorb the cost of liabilities related to investor lawsuits and an ongoing Security and Exchange Commission lawsuits."

Sorry to break the news to you. US tax payers, like you and me, are subsidizing the packages shipped via the postal service from China :(

http://fortune.com/2015/07/03/...

One of the core reasons why US manufacturer's can't complete is that our tax policy favors gains from the speculative market, ie real estate and stock market, over the actual manufacturing of products. Another core reason is that the American consumers simply wants cheap products made in an authoritarian country that is actively competing with us militarily and economically, with the goal of becoming the dominate power in the world.

At the end, we only have ourselves to blame. We voted for the politicians who set fiscal policies that decimated our manufacturing base, and we simply like to buy cheap crap from China.

Keep this up, and China will bankrupt us in the coming arms/space race, much like how we did it to the USSR.

Yeah what a bunch of idiots, right?

I believe that's the point-- that "there's plenty of wealth and resources on this planet for everyone." If you're not working to create more wealth through growth then you're being left behind. When you get complacent and fail to grow (i.e. innovate), your competitors will eventually cut into your market and you lose. See A&P, IBM, etc. Fortune 500 1955 (Hint-- many of those no longer exist).

http://fortune.com/2016/03/16/...

and for the sake of the argument, let's just assume they have the legal right to do so

That is both a HUGE assumption and quite wrong.

They have the legal authority to search the physical device, BUT NOT to compel you to reveal any pin/passcodes. They can't compel you to reveal the contents of your mind, even if their search is hindered by not having it, and courts have ruled that way.

Social Media at the Border: Can Agents Ask for Your Facebook Feed? (No).

If I spent more time on this, I could get you better sources. The real different is whether or not you're a US Citizen. A citizen cannot be denied entry; a green card holder can.

Germany is stopping modernization? Excuse me? Wat? Wat?

Yes, Republicans used their only African-American senator, Time Scott, to speak for Jeff Sessions. No big surprise that he is supporting his party.

Saying that Corretta Scott King was thanking Jeff Sessions for the Rosa Parks Library is rather misleading. She was just acknowledging his presence. There was no thank you in the speech to Jeff Sessions. He was just acknowledged as being there along with all the other notable people in attendance. She was given a list of names to read for the opening of the library; his name was on the list. If you actually watch the video she has to pause and force herself to even read the name and she does not look happy about it.

Jeff Sessions was not liked by Coretta Scott King, you can read her letter for yourself:

https://www.documentcloud.org/...

Sean Spicer said “I can only hope that if she was still with us today, that after getting to know him and to see his record and his commitment to voting and civil rights, that she would” regret her opposition. In some right wing news this is being used as a claim that if Coretta Scott King were alive today she would support Jeff Sessions; that is another alternative fact being put out by the right.

http://www.huffingtonpost.com/...

Jeff Sessions has a 20% voting record on civil-rights according to the ACLU, which are some of the major issues it is now his job to protect. He has a 7% voting record for African-American issues according to the NAACP. Jeff Sessions has called the NAACP, the ACLU, and other civil rights groups "un-American."

http://www.ontheissues.org/Dom...

Jeff Sessions allegedly told a black attorney that the Ku Klux Klan was "OK until I found out they smoked pot." Sessions used to call a black assistant U.S. attorney that worked for him, Thomas Figures, "boy." When asked about the comment "Sessions apologized and said the remark was a joke." Personally, I don't accept the excuse every time a politician is caught making a racist statement that they were just making a joke and telling an African-American that you think the KKK is OK isn't very funny.

Jeff Sessions believes government services should only be available in English even though the US has no official language.

Jeff Sessions refused to support the removal of a racist judge who said black people "don't want to work" and that affirmative action is repugnant. Sessions said that the judge was "insensitive at worst."

http://abcnews.go.com/Politics...

http://fortune.com/2016/11/19/...

This. Even Warren Buffett says you can't beat the S&P 500 over the long run.

http://fortune.com/2016/05/11/...

If everyone's measuring against index funds, and no one can beat it consistently - then why not be lazy and chose the consistent winner - a stupid, fixed index?
That's zero lines of code, and I win over the long run.

posting as AC 'cause I used mod points

It's not about feminism, diversity, or any of that. They do not care. It's about MONEY.

They're going to fight everything Trump does, they really only care about protecting their off-shore tax shelters, but they'll have to fight everything or else their true motives would be exposed.

Donald Trump’s tax plan also ends to the deferral of taxes on corporate income earned abroad and charges a one-time, 10% tax on cash held overseas so it can be repatriated. Both will leave the foreign tax credit in place so companies will not face double taxation.

That's from this article: http://fortune.com/2016/03/11/...

They *really* don't want to have to pay taxes. They'd rather offshore and repatriate by buying government bonds, money laundering that earns interest. Get it?

Actually, as I recall, Mr. Gates' credibility is in software development and marketing. I don't see any particular expertise in atmospheric physics or meteorology. . .

People can develop plenty of credibility on a subject once they retire from their previous work. Gates hasn't had software as his primary job for well over a decade now and he's been putting his brainpower and money into other areas of technical expertise. Climate change appears to be among these and there is no reason he could not have become well informed over the last 15 years on the subject. I do not pretend to know if he is in fact well informed. I'm merely pointing out that there is no reason to assume he couldn't be.

Why we trust the opinions of people with no proven expertise in a subject is beyond. . .

In this case because he is rich enough to actually consult directly with the people who are subject matter experts and he appears to have done so. (have you?) Further in spite of whatever other flaws he might have you can't really argue that Bill Gates isn't smart enough to understand what those experts are saying to him. Nobody is arguing that he he is stupid. Finally he appears to actually be putting his money where his mouth is and actually doing something beyond just complaining. That's more than I can say for a lot of people.

Well, you could just Google this (unless you'd rather have your own facts).
http://fortune.com/2017/01/27/...
http://www.vox.com/policy-and-...
https://www.aol.com/article/ne...

The problem is antivirus makes your system less secure. You're giving up control of your system, making it less secure, and not getting much in return. Microsoft Security Essentials is enough.

please PLEASE run for president next time.

I think he would make a great president. However, I think he carries just as much influence in his current capacity. The man has done what most governments have failed to do, make a viable mass produced electric car, and launch a satellite into orbit.

Or to put it another way, he privatized NASA talent for profit whilst offering no significant advances in space travel, and he also made some toys for rich people[1]. Oh yes, and he helped create Paypal[2] via the revolutionary method of offering banking services whilst claiming to be exempt from banking regulations.

Those are the 'revolutionary' things he did, all whilst rambling about trips to Mars and other assorted pipe dreams (a phrase I use advisedly) instead of focusing on the technologies that very well could change the world.

The man is at best Steve Jobs 2.0, but for some reason geeks still love him. As far as I can tell, the most important thing he's championed so far is Autopilot. Getting computer-assisted cars on the road ASAP is a big step. He deserves a place in history for that, albeit not an exclusive place. But holy hell, the man is a businessman, not a revolutionary inventor.


1. He's yet to build the cheap mass market electric car that will change the world, even though electric cars easily have the potential to be cheaper and sturdier than ICE cars. I still maintain that this is due to his comparative lack of emphasis on next-generation batteries. I've been hearing about nanowire batteries that could last for many thousands of discharge cycles for 10+ years now, but the man would rather hold press conferences about his pipe dreams.

2. He lost his role at the helm of Paypal because he strongly wanted to change their infrastructure from UNIX to Windows (at around the same time Linux was beginning to take off.) Hooray for the Geek God, amIright?

And then you look at other states that are failing

Other states have:

*Taxes that are devastating on people with lower incomes
*Instead of randomly belaboring a single data point, consider the whole picture, including the nastiness of total local government debt
*A regulatory and legal climate that leads to exposure to pollution and injury risks
*Decades old reports with schools that are some of the worst in the nation being hysteria to justify even worse results
*Huge backlogs of road work necessary across the country, and a refusal to pay for it
*Increasing income inequality
*Huge drug problems in rural areas.

I can drop links on you all day, don't pester California or San Francisco when you live in a glass house yourself.

Mocking the diabled: Video, 45 seconds long: http://www.cnn.com/videos/tv/2...

Trump racism: Let's start with 1973 charges of discrimination in housing, then work forward to 2016 where he said the Central Park Five should go to jail DESPITE DNA evidence exonerating them, with all sorts of gems along the way. http://fortune.com/2016/06/07/... Oh... and then there's the famous quote about Mexicans. And suggesting a blanket ban on Muslims as a category.

Advocating for war crimes: March 2016, defending ordering the US military to commit war crimes of killing non-combatants that are family members of those in combat http://www.washingtontimes.com... Also advocates for waterboarding and worse in several interviews and speeches.

Regarding treatment of women: Ah, the famous "grab them by the pussy" video: https://www.youtube.com/watch?...

Yes, just think about what terrible things the Clinton Foundation did, like: Raised $313 million for R&D into new vaccines and medicines; Helped provide better maternal and child survival care to more than 110 million people, and; Provided treatment for more than 36 million people with tropical diseases. Even worse, it spent 88% of its 2014 outlays directly on programs (rather than overhead) and that it only has to spend $2 to raise $100. A performance that poor gives it a solid "A" rating from charity watchdogs. We're all clearly better off without groups like this funneling money from rich donors to help poor people in underdeveloped countries around the world. Source: http://fortune.com/2016/08/27/...

Exactly, that's why you support the Trump foundation, obviously. I mean, alright, so the foundation itself admits it's basically a scam to be a slush fund for its owners, and yes, it did buy that one painting for what was pretty obviously a transfer of cash, and alright, the owner refuses to release his tax return so we could check, but hey! At least it's not named Clinton, and that's what matters.
...
Even if that one actually does do verifiable charitable work.

Yes, just think about what terrible things the Clinton Foundation did, like:

Raised $313 million for R&D into new vaccines and medicines;
Helped provide better maternal and child survival care to more than 110 million people, and;
Provided treatment for more than 36 million people with tropical diseases.

Even worse, it spent 88% of its 2014 outlays directly on programs (rather than overhead) and that it only has to spend $2 to raise $100. A performance that poor gives it a solid "A" rating from charity watchdogs. We're all clearly better off without groups like this funneling money from rich donors to help poor people in underdeveloped countries around the world.
Source: http://fortune.com/2016/08/27/...

Technically, Verizon is a Fortune 13 company, whilst Comcast is a Fortune 37.

Interesting that Comcast bought DreamWorks Animation studio for $3.8 billion.

So yeah, one big evil fish could buy one smaller bad fish. :-/

Technically, Verizon is a Fortune 13 company, whilst Comcast is a Fortune 37.

Interesting that Comcast bought DreamWorks Animation studio for $3.8 billion.

So yeah, one big evil fish could buy one smaller bad fish. :-/

Yes. Yes they can.

Here is VW building a new plant
Here is Daimler's second factory
Here is Seimans

For the regular car maker, the battery is about 1/3-1/2 of the price because they have not gotten their costs down low. OTOH, Tesla has batteries that costs a fraction of what the big players do. As it is, Tesla now sells more batteries than all the rest combined. With the Model 3, it alone will sell more batteries, than the entire rest of the industry, which includes the Model S and X.

The major car makers will be bankrupt again, unless they learn to start making their own cars and parts.

Here is VW building a new plant
Here is Daimler's second factory
Here is Seimans

For the regular car maker, the battery is about 1/3-1/2 of the price because they have not gotten their costs down low. OTOH, Tesla has batteries that costs a fraction of what the big players do. As it is, Tesla now sells more batteries than all the rest combined. With the Model 3, it alone will sell more batteries, than the entire rest of the industry, which includes the Model S and X.

The major car makers will be bankrupt again, unless they learn to start making their own cars and parts.