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Tesla has reached an agreement to build a factory in Shanghai, China:
Tesla Inc. has reached an agreement with the Shanghai government to set up its own manufacturing facility in the city, the Wall Street Journal reported Sunday, citing people briefed on the plan.
The Palo Alto, California-based carmaker is working with the local government on the timing and details of an announcement, the people told the newspaper. The deal, which without a local partner likely won't negate China's 25 percent import tax, will still allow Tesla to reduce its production costs drastically, according to the report.
China is the world's largest market for automobiles.
Previously: Tesla's Big China Chances on Indefinite Hold
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Electric Car Maker Tesla to Build Factory in China
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
Economists state their GNP growth projections to the nearest tenth of a
percentage point to prove they have a sense of humor.
-- Edgar R. Fiedler
(Score: 2) by bob_super on Monday October 23 2017, @06:45PM (12 children)
Tesla lets anyone us their patents.
Tesla cannot prevent anyone from taking their cars apart to clone them.
What exactly do they have to lose by building there? Hopefully they keep their software keys secret already...
(Score: 2) by takyon on Monday October 23 2017, @07:11PM
I also doubt that Tesla's car trade secrets are as valuable as their battery trade secrets or SpaceX's trade secrets.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 1) by chucky on Monday October 23 2017, @07:22PM (10 children)
I agree with you, but... Why would they need to keep their software keys secret? Traditional car makers are still not entering the EV market, not really. Electric versions of their regular models are nowhere near mass adoption. The sooner somebody takes it all, copies it and brings it to the market in large volume, the better for Musk. His current 'R&D lab' produces great ideas, but it's not profitable. The market should better be there before Tesla goes bankrupt.
(Score: 4, Insightful) by Phoenix666 on Monday October 23 2017, @07:34PM (9 children)
I think it's because the pollution pumped out by China's unregulated factories is finally inciting serious enough backlash among the common people on the mainland. EVs will go a long way toward solving that. Also, the geopolitical benefits of divesting from fossil fuels interest Beijing.
Both those things are good for China and good for the rest of the world, too. It would be especially good to see a competition heat up between China, the US, and Europe to see who can become the greenest, quickest, a la the Space Race.
Washington DC delenda est.
(Score: 2, Insightful) by Ethanol-fueled on Monday October 23 2017, @09:06PM (2 children)
Not to mention starve the lifeblood of the Arab scum. Hopefully in another couple decades the savage fuckers will be back to sword warfare and living in huts and stone buildings.
(Score: 2) by Phoenix666 on Monday October 23 2017, @11:15PM
That's a florid way to put it, but essentially correct.
Washington DC delenda est.
(Score: 2) by DeathMonkey on Tuesday October 24 2017, @06:17PM
So why did you vote for the guy doing the opposite?
(Score: 2) by DannyB on Tuesday October 24 2017, @01:52PM (5 children)
That would be fantastic. America could also get in on the competition with "clean coal".
Not that I like or advocate China's system, but I would simply observe one benefit of central control is that China could allocate resources to build enough charging infrastructure to make EVs practical. America won't do so unless it increases shareholder value. Tesla is building charging infrastructure. But the US is a mighty big land mass.
Cutting off the oil wealth of the nutjobs in the Middle East and Texas would be icing on the cake.
To transfer files: right-click on file, pick Copy. Unplug mouse, plug mouse into other computer. Right-click, paste.
(Score: 2) by Phoenix666 on Tuesday October 24 2017, @02:07PM (4 children)
I started saying the same thing when the Gulf War was heating up. The best way to pull the plug on militant Islam is to stop sending them $365 billion every year for their oil. Shit would get real for the sheiks there, then, real fast.
Wish more people drew the same conclusion we have.
Washington DC delenda est.
(Score: 2) by DannyB on Tuesday October 24 2017, @02:16PM (3 children)
Yes, I realized the same thing about the same time. Gulf War I. Geopolitics would change radically once that oil money dries up. But if Texas lost the ability to dictate classroom textbooks for everyone else, the godless heathens might learn science and history. It could put a dent in Fox News.
In the sequel Gulf War II -- The Quest To Finish Daddy's War, the plot had less emphasis on oil. And the characters were less likable. The dialog was not as well written.
To transfer files: right-click on file, pick Copy. Unplug mouse, plug mouse into other computer. Right-click, paste.
(Score: 2) by Phoenix666 on Tuesday October 24 2017, @02:54PM (2 children)
Yes, but they did cast Alf [data] as the President of the World Bank [data], so that was a gem in that clunker of a movie. The hair-licking scene [youtube.com] had the best 'ick' factor of any film in the 00's.
Washington DC delenda est.
(Score: 2) by bob_super on Tuesday October 24 2017, @04:15PM (1 child)
I thought the biggest ick factor was shoehorning a happy ending at the end of Act 1, happy aircraft carrier and all, and forgetting to write an actual ending to the story, leaving all the mooks behind to get shot...
But you're correct, it's probably more a projective-vomit moment than an "ick"
(Score: 2) by Phoenix666 on Tuesday October 24 2017, @06:39PM
I'd classify the aircraft carrier moment as "FFS," but that's OK we can both be right.
Washington DC delenda est.