
Capitalizations Index – B ∞/21M

zerohedge.com / by Tyler Durden / Apr 19, 2017 3:13 PM
The much anticipated Tesla Model 3 has yet to be released and already a groundswell of electric car competition is forming to challenge Elon Musk’s upcoming offering. Start in China, where the Model 3 is not due to arrive until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch “Tesla killer” cars to go head-to-head against Tesla “mass market” sedan.
In taking on the monopoly, yet cash-burning premium electric car juggernaut that is Tesla, the key for leading Chinese electric vehicle start-ups such as Future Mobility, WM Motor and Singulato Motors, is that they will produce their cars locally, making them better able to match the Model 3’s price, . Tesla is expected to price its Model 3 from $35,000 in the United States. Buyers in China would expect to add 25% to that in import tariffs.
The Chinese strategy is simple: beat the Model 3 in China by making their cars more premium but cheaper than Tesla’s mass-market all-electric battery car.
The post appeared first on .
Ethereum Enterprise Alliance Reminds Everyone It’s Still Active, Unveils New Architecture Stack Adam James · May 6, 2018 · 5:00 am Since its foundation nearly 18 months ago, the Ethereum Enterprise Alliance – a connection of […]
bitcoin Long Term Fundementally… If history repeats, which seems to be a fundamental basis for technical analysis , the 2nd meteoric bull run of BTC is inevitably resulting in the 2nd monstrous bear market of […]