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from the elon-musk-is-not-gonna-like-this dept.
A California-based electric car manufacturer named after a towering scientific genius from the nineteenth century, mobilizing to disrupt the auto industry. You guess it - Faraday Future, a 400-person company based in Gardena, CA (a Los Angeles suburb), led by former executives and designers from Tesla and the electric car operations of BMW and General Motors. Nick Sampson, the former Director of Chasis Engineering at Tesla (he left in the company in 2012) is now Senior Vice President at Faraday Future, while Richard Kim from BMW and Porsche heads up design.
Sampson confirmed that the vehicles under development will be 100 percent electric, and may include some autonomous driving functions (Tesla reportedly has similar plans). The company's business model could be a hybrid of product (like Tesla) and service (Uber); for the latter, the cars could drive themselves to customers, and then presumably be driven manually or automatically.
Chinese billionaire Jia Yueting is reportedly bankrolling the company via the media company Leshi Internet Information & Technology; a Leshi executive named Chaoying Deng has been installed as Faraday's CEO. Faraday is reportedly ready to invest $1 billion in a factory, with locations in California, Georgia, Louisiana and Nevada under consideration. The company hopes to put its first vehicle on the market in 2017.
(Score: 4, Informative) by JoeMerchant on Friday November 06 2015, @08:20PM
The early 8 bitters were in the $700 range (in 1982 money), and would be $1500 by the time you added bells and whistles like a monitor and 100K floppy drive.
My "feel" about 1982 money vs 2015 money is that _most_ things have inflated about 4x in the meanwhile. So, 14 year old me basically spent my life savings to buy a "computer" with 16K of RAM and a cassette tape storage. My 14 year old doesn't have anywhere near $6K in his life savings account, lucky for him iPads are less than $500.
By the time I bought the floppy drive, I had more invested in my PC rig than my first car would cost.
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