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What’s the Matter With Nothing Mattering? – Tim’s Two Cents #6

You, Me, and BTC
What’s the Matter With Nothing Mattering? – Tim’s Two Cents #6

This is episode 6 of Tim’s Two Cents – a brand new show where Tim argues with himself.

This episode doesn’t really matter. It’s all about nihilism so why would you even listen?

Okay, but seriously. Nihilism is now an ingrained part of almost all popular culture. Many creatives espouse the idea that nothing truly matters and no one can claim to have figured out a concrete moral system. But when it comes down to …

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Chinese Carmakers, Volkswagen, BMW Roll Out “Tesla Killers”

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, Reuters notes. 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.

READ MORE

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