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Tesla Plans Factory In China, Discounts Insurance For Self-Driving US Cars (electrek.co)
Business Insider reports:
Tesla has created a customized insurance package, InsureMyTesla, that is cheaper than traditional plans because it factors in the vehicles' Autopilot safety features and maintenance costs. InsureMyTesla has been available in 20 countries, but Tesla just recently partnered with Liberty Mutual to make the plan available in the U.S. InsureMyTesla shows how the insurance industry is bound for disruption as cars get safer with self-driving tech.
Electrek reports: There have been several false alarms over the past few years about Tesla building a factory in China. Earlier this year, Tesla finally confirmed working with the Shanghai government to establish a manufacturing facility in the region and promised an announcement by the end of the year. Now the Wall Street Journal reports that they have come to an agreement with the local authorities on a "wholly owned" factory in the region... China is already the biggest market for electric vehicles, or any vehicles for that matter, and Tesla profited from the demand by tripling its sales to over $1 billion in the country in 2016. Tesla continues to have strong sales in the country this year, where it leads foreign electric car sales with no close second.
Electrek reports: There have been several false alarms over the past few years about Tesla building a factory in China. Earlier this year, Tesla finally confirmed working with the Shanghai government to establish a manufacturing facility in the region and promised an announcement by the end of the year. Now the Wall Street Journal reports that they have come to an agreement with the local authorities on a "wholly owned" factory in the region... China is already the biggest market for electric vehicles, or any vehicles for that matter, and Tesla profited from the demand by tripling its sales to over $1 billion in the country in 2016. Tesla continues to have strong sales in the country this year, where it leads foreign electric car sales with no close second.
The Chinese gigafactory is for the Chinese market (the largest EV market in the world). The US gigafactory is for the US and European markets (although the EU will likely get its own gigafactory eventually).
I'll BUILD someone to replace you. Some kind of gamma-powered monster, with a heart as black as coal!
What is not clear is if InsureMyTesla will make rates equal for all drivers always, regardless of the accidents they get into as individuals. They all have the same flaws since they all use the same software, and therefore have the same risk. Therefore all owners should pay on a collective basis.
Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
Why do you have to pay insurance for their self driving? If Tesla trusted its self driving feature, it would indemnify the owners in the event of an accident. The fact you have to buy coverage hits on the fact it is an alpha release of âoeself driving.â
Expect a multitude of EV clones in China appearing that look strangely similar to Teslas.
The Chinese market may be massive, but that market is only available to Chinese citizens for the long term. It will be known in history as the great IP theft of the west.
It doesn't matter. Getting in bed with the Chinese apparently means they now have a significant influence within your company.
Say, just as a completely hypothetical example, the Chinese government doesn't want a political dissenter living in New York to be able to broadcast videos critical of the Chinese government. Why, just drum up some evidence of harassment, and you get your YouTube and Facebook accounts blocked, just like that. Maybe you even pressure the Chinese security officer who is currently the head of Interpol to file some charges against him. And, naturally, it's completely coincidental that this happened during the once-every-five-years meeting of the Chinese communist party.
But like I said, that's just a hypothetical example. I'm probably over-thinking this, right?
Irony: Agile development has too much intertia to be abandoned now.
Will ground be broke before or after the Tesla bankruptcy?
lets see.
Tesla's CObalt is currently coming from Canada, with Idaho starting up as well
Lithium is coming from Northern Mexico, along with Nevada.
Nickel does come from Australia,Indonesia, and Japan, so, those will be imported.
Steel and Aluminum are from all over, including America.
However, these are the RAW materials. As it stands, IIRC, Model 3 is about 93% American made. Corvette, like its speed, does not touch it.,
I prefer the "u" in honour as it seems to be missing these days.
No, the model 3 has RADICALLY brought most of it inhouse. That is why I said, model 3. It is supposed to be in the 90s American made.
OTOH, MS/MX are around 50-55% American made, which is JUST ENOUGH to pass NAFTA and nothing more.
I prefer the "u" in honour as it seems to be missing these days.