CES 2019 Liveblog (5 minute read)
The Consumer Electronics Show started today, Hyundai debuted a concept car that "walks" like an insect, the wheels are attached to legs so it can get through extremely rocky terrain (there's a video in the article), Samsung debuted a 98-inch 8k TV available for pre-order for $15,000, Bell Helicopter debuted a prototype for a flying taxi that can fly at 150 mph for 150 miles. HTC debuted the Vive Pro Eye, a high end VR headset with built in eye tracking so you don't have to move your head as much. There was also an underwater drone, micro-LED screens (brighter and longer lasting than OLED TVs), LG's foldable TV, and even a bread-baking robot.
Elon Musk breaks ground on Tesla's Shanghai factory (2 minute read)
Tesla has started construction on a $140 million Shanghai factory. In October, they said that they were operating at a 55-60% cost disadvantage in China due to transport costs, tariffs, and Chinese cash incentives. This new factory will help them close that gap, and it is expected to start producing cars in the second half of 2019, starting at 3,000 Model 3's per week and eventually producing 500,000 vehicles per year.