Tuesday, 22 January, 2019

Model 3: Tesla finds no substitute for on-Board computer from China

Elon Musk and Grimes Report Elon Musk Wants to Keep Girlfriend Grimes Out of Tesla Lawsuit Angela Weiss Getty4 Jan 2019
Russell Knight | 07 January, 2019, 09:12

Concerns about the shrinking US tax credit and Tesla's decision to cut prices by $2,000 to partially offset the lower incentive sent the carmaker's shares plunging 9.7% during the first two trading days of the year.

It marks a major bet by Tesla as it looks to bolster its presence in the world's biggest auto market where it faces rising competition from a swathe of domestic rivals and its sales have been hit by increased tariffs on USA imports.

But Tesla has said its Shanghai plant will be "wholly-owned" by the company.

A local plant will help Tesla lower prices in the market to compete with a new generation of local rivals including Nio, Byton and XPeng Motors.

Elon Musk's fateful "420" pot joke on Twitter is dogging him in court again. The two sides have called a truce in their trade fight and are engaged in talks to cool tensions, with China temporarily scrapping a retaliatory 25 percent tariff on US -made cars starting January 1.

Last month, Deputy Secretary of the Municipal Party Committee and Mayor of Shanghai Ying Yong stated that Tesla "basically completed land leveling and is about to start construction" at Gigafactory 3.

Lawyers for investors in this case said both she and her "current or former" friend, United States rapper Azealia Banks, were "in direct contact with Musk in the hours and days following the tweet" and might have evidence which was in danger of being destroyed because it was likely to be stored electronically, such as on social media.

Ariana Grande to be youngest Coachella headliner
The 25-year-old reportedly is replacing Kanye West , who was initially slated to perform at Coachella for 2019, according to TMZ . The festival takes place on April 12-14, and a week later on April 19-21, at Empire Polo Club in Indio, California .

Volvo Polestar 2 Electric Vehicle Teased
Given Volvo's history and the new company policy, it will be interesting to see what direction the Polestar takes in the future. The Polestar 2 will have a top speed in excess of 155 MPH and will be able to travel upwards of 310 miles on a single charge.

Canada's unemployment rate sticks at 43-year low of 5.6 per cent
The labour participation rate rose 0.3 per cent to 60.4 per cent in December, an increase of 0.3 per cent from December 2017. The unemployment rate in Barrie has continued to drop, with the city recording a jobless rate of 4.8 per cent in December.

Analysts have said production in China would allow Tesla to avoid such tariffs, which already have caused a spike in the price of the cars that Tesla now imports to the Chinese market.

At the height of the dispute, when China imposed the additional duty on American-made autos, Tesla sales in the Asian country, its second-largest market, plunged to as low as 211 in October, from 3,552 in June, according to data compiled by Bloomberg Intelligence. "And the competition is getting more and more fierce".

Musk tweeted ahead of the formal start of construction of the firm's first Chinese plant.

The Shanghai factory will be Tesla's first production line outside the United States.

Tesla plans to produce its Model 3 and Model Y cars in the initial phase of production at the Shanghai plant, with an annual capacity of 250,000 vehicles.

"Shanghai Giga production of Model 3/Y will serve greater China region", Musk added in another one.

Recommended

  • What Stars Are Wearing at Golden Globes 2019 - Watch the Livestream Now!

    What Stars Are Wearing at Golden Globes 2019 - Watch the Livestream Now!

    Before the show, Oh and Samberg interviewed each other in The Hollywood Reporter and shared similar sentiments about 2018 being a year of change and growth in Hollywood.
    Rockets GM Can’t Be Serious With This Preposterous James Harden Take

    Rockets GM Can’t Be Serious With This Preposterous James Harden Take

    Raptors guard Danny Green went 0 for 7 from the field and 0 of 6 from 3-point range in the Raptors' loss to the Spurs. Kobe, MJ, LeBron James , Stephen Curry , and Kevin Durant have only put that stat line twice , combined .
    Fortnite Week 5 Challenge: Battle Star Location Confirmed

    Fortnite Week 5 Challenge: Battle Star Location Confirmed

    This is the first so you'll need to land in four more locations to get all the battle stars for this one. According to the leaked information, the second area you'll need to dance upon is the ranger tower .
  • Harris half century gives Australia solid start in Sydney

    Harris half century gives Australia solid start in Sydney

    Regardless, it marks the first time a touring team has had the option to enforce the follow on twice in one summer in Australia. That brought Nathan Lyon to the crease but he was gone after five balls, out lbw without scoring to a full toss from Kuldeep.

    Trump aide: US military withdrawal from Syria 'waiting on conditions'

    This, he said, was to make sure that Turkey meets Trump's key condition to follow up on his withdrawal plan. Turkey sees the Kurdish forces in Syria as an extension of the separatist group the PKK.
    Bethesda resolves lawsuit claiming 'Westworld' ripped off 'Fallout Shelter'

    Bethesda resolves lawsuit claiming 'Westworld' ripped off 'Fallout Shelter'

    Entertainment and developer Behaviour Interactive, claiming that their Westworld mobile game was a Fallout Shelter rip-off. Following this discovery, Bethesda then filed a lawsuit against Warner Bros. which as of earlier today was still pending.
  • Lady Gaga, Roma shine at nice over nasty Golden Globes

    Lady Gaga, Roma shine at nice over nasty Golden Globes

    The " Shallow " singer dazzled in blue Valentino , perfectly matching her trademark platinum-blonde locks with a dusting of the pastel hue.
    Congo delays announcing results of presidential election

    Congo delays announcing results of presidential election

    Global community and human rights groups have warned of potential uprising should the actual results be manipulated. The tensions come as global pressure is mounting on the government to release accurate election results.
    Samsung Announce new 4K UHD Curved Monitors for 2019

    Samsung Announce new 4K UHD Curved Monitors for 2019

    Sleek and slim is the goal when it comes to design, as Samsung says that the monitor has a total thickness of 6.7mm. It could be attached to the edge of a desk with the help an arm that comes integrated with the monitor.
  • The best overall diets for 2019

    The best overall diets for 2019

    Like Heller, the expert panelists emphasized the importance of well-balanced, sustainable diets that aren't overly restrictive. The Mediterranean diet has also been associated with a reduced risk of cancer and Parkinson's and Alzheimer's diseases .
    Khashoggi case: Death sentences sought for 5 accused

    Khashoggi case: Death sentences sought for 5 accused

    The State Department said Pompeo will visit eight countries in the region, starting with Jordan and ending in Kuwait. Pompeo will also discuss the war in Yemen as well as Iran, Syria and other regional issues, the department said.
    US Confirms Death Of Militant Involved In USS Cole Bombing

    US Confirms Death Of Militant Involved In USS Cole Bombing

    Damage sustained on the USS Cole after a terrorist bomb exploded during a refuelling operation in the port of Aden, Yemen. Yemeni authorities caught him in March 2004 but he again escaped in February 2006.

'Bohemian Rhapsody' Wins Best Motion Picture Drama at Golden Globes 'Bohemian Rhapsody' Wins Best Motion Picture Drama at Golden Globes To see that magic come alive and to see the incredible response of this film has been truly humbling to everyone. Unbelievable!" "Thank you for showing us the power of embracing your true self".

United States will 'assure' Israel's security before Syria pullout United States  will 'assure' Israel's security before Syria pullout U.S. and United Kingdom forces have been carrying out air strikes against ISIS in Syria as part of their plan to defeat ISIS. Syrian Kurds, who have fought ISIS alongside American forces, fear an attack from Turkey when the USA withdraws.

NFL Wild Card Sunday guide NFL Wild Card Sunday guide Seattle quarterback Russell Wilson was also kept relatively in check in falling to 3-1 in wild-card games. The Cowboys' defense limited Seattle's league-leading rushing attack to just 73 yards on 24 carries.

Saudi women to start receiving divorce notice by text message Saudi women to start receiving divorce notice by text message Until now, men could apply for a divorce without informing their wives, meaning women could not challenge compensation awards. Saudi Arabia has adopted a new regulation that requires courts to notify women by text message if they've been divorced.

When is Joker's release date in Super Smash Bros. Ultimate? When is Joker's release date in Super Smash Bros. Ultimate? Ultimate getting Dragon Quest XI's hero has been "achieved through active collaboration on Square [Enix]'s side". There are also theories "Jack" might actually be a reference to Jack Frost - a demon from the Persona series.

Federal Reserve is flexible and aware of risks, says Powell Federal Reserve is flexible and aware of risks, says Powell The figures strengthened the case of those who have argued that markets have overreacted to signs that USA growth may have peaked. Although still low by historical standards, this latest hike put interest rates at the highest level in almost a decade.

It’s Official, Bowsette will Never Happen says Nintendo It’s Official, Bowsette will Never Happen says Nintendo In our heart of hearts, we all knew Nintendo would never officially acknowledge Bowsette as part of Super Mario canon. Nintendo has confirmed the Super Crown does not work on any other Nintendo character - only female Toads.

Shutdown enters second week; Talks between Donald Trump, Democrats fail Shutdown enters second week; Talks between Donald Trump, Democrats fail McCarthy said Trump asked the lawmakers to return for further talks on January 4, after the new Congress leadership is voted in. On Tuesday morning, Mr Trump tweeted: "The Democrats, much as I suspected, have allocated no money for a new Wall".

Alexandria Ocasio-Cortez pokes fun at Brooklyn hipsters on Twitter Alexandria Ocasio-Cortez pokes fun at Brooklyn hipsters on Twitter The asteroid, 23238 Ocasio-Cortez , has been named in her honor by the International Astronomical Union . Alexandria Ocasio-Cortez has touted a plan that would tax the richest Americans 60-70%.

Strain Of The Shutdown Starts To Show At Rocky Mountain National Park Strain Of The Shutdown Starts To Show At Rocky Mountain National Park Campgrounds at Joshua Tree closed earlier this week because of health concerns that vault toilets were near their capacity. In the already popular parks, the problem of human waste has turned into a literal sh*tshow.

Trump aide sets conditions for US Syria withdrawal Trump aide sets conditions for US Syria withdrawal Trump announced in mid-December that the United States will withdraw all of its 2,000 forces in Syria. Bolton made the remarks in Jerusalem on a four-day trip to Israel and Turkey.

Pelosi: I Get the Sense Trump Would Like to ‘Abolish Congress’ Pelosi: I Get the Sense Trump Would Like to ‘Abolish Congress’ The president has suggested his definition of the wall is flexible, referring to slats and other "border things". Trump had once vowed to build a concrete border wall, but now says it will be made of steel slats.

Greggs responds as Piers Morgan takes aim at "PC ravaged clowns" Greggs responds as Piers Morgan takes aim at The petition was signed by more than 20,000 people. "One fan wrote: "@ GreggsOfficial you have definitely won this battle". A Greggs store in Chesterfield has been criticised for not having any hotly-anticipated vegan sausage rolls.

Marriott Says 5 Million Unencrypted Passport Numbers Part of Breach Marriott Says 5 Million Unencrypted Passport Numbers Part of Breach Marriott now believes that 8.6 million encrypted payment cards were involved in the hack on its Starwood room reservation network. Marriott said it had no evidence to suggest that the perpetrators had the master encryption key to unlock encrypted data.

No evidence of atmosphere on Ultima Thule No evidence of atmosphere on Ultima Thule Since Tuesday's close approach, New Horizons is already 3 million miles (5 million kilometers) deeper into that mysterious region. And here's the rough image we had of Ultima Thule yesterday so that you can really see the differences in resolution.