Tesla Likely To Soon Add HBO, Twitch, & More — Vehicle Code Spotted
Twitch, HBO, Comedy Central and several other streaming apps may be coming soon to Tesla’s in-car entertainment systems.
Twitch, HBO, Comedy Central and several other streaming apps may be coming soon to Tesla’s in-car entertainment systems.
Companies like Tencent, Baidu, Amazon, Samsung, Google, IKEA, Goldman Sachs, Citi, Renault-Nissan, and many more are investing heavily in the field of electric mobility, according to The Global e-Mobility Funding Report for Q2 2019.
It seems like all Forbes 500 companies have awoken and now want to tap into an industry that is projected to have a value of over $500 billion in 2025.
As self-driving cars move closer and closer to reality, one particular market stands to benefit — autonomous taxis (aka robotaxis). Tasha Keeny from Ark Invest recently evaluated the players who’d likely benefit from this massive market opportunity. Keeney writes, “Autonomous vehicles will transform personal mobility … reap[ing] the benefits of a new market which promises to ramp from essentially $0 now to $10 trillion in global gross annual revenues by 2030.”
China is a market leader in terms of electric cars, but that’s just one of the emerging trends in the automotive world. Autonomous technology is quickly transitioning from science fiction into state-of-the-art science and Pony.ai is raising funds to push it closer to reality.
Some people seem to thrive on turbulent times. Others prefer tranquility. Elon Musk is definitely in the first group. He seems to be happiest when things around him are in chaos — or at least, that’s where he shines. If so, he must be ecstatic and glowing brightly at the moment. After tweeting last week that he might take Tesla private, the news media has been awash with guesses, wild ass guesses, and far-fetched speculation about who might be interested in walking Tesla and Elon down the aisle in a financial marriage that could have international implications.
The second half of Q2 2018 has been notable and the flood of news from around the world continues. In China, the flood of developments is so massive that we can only show you a keyhole insight into what is happening.
Researchers in China want to know how much risk the public will tolerate when it comes to autonomous cars. Isn’t that a question others should have asked before now?
Chinese auto manufacturers are pushing quickly to develop autonomous driving technology. Several have obtained licenses to test their systems in China, with BMW being the first foreign company to obtain such a license.
Many of the talking points used by those short selling Tesla’s stock revolve around the idea that the company’s stock is largely held by individual investors who don’t understand that the company: is (permanently apparently) on the verge of collapse; is actually in need of funding that it says it doesn’t need; and/or doesn’t make the margins on the cars it sells that it reports it does.
If Tesla was to encounter insurmountable financial problems over the coming years — just bear with me, as a thought experiment here, no arguing yet — what exactly would end up happening?