131–140 of 670 posts
Earlier quoted context omitted.
Curious where you live? The only place I ever paid insurance premiums that high (and not quite that high) was in Ontario. I pay $70.
The average car insurance premium in the US is over $2000/year, and over $2500/year for full coverage. I imagine that has an outlier effect and the median is lower, but I'd be surprised if the median was under $100/month. I'm paying just under $1000/year (and yes, in Ontario).
Earlier quoted context omitted.
Agreed, it seems inevitable that autonomy and insurance are going to be bundled. 1. Courts are finding Tesla partially liable for collisions, so they've already got some of the downsides of insurance (aka the payout) without the upside (the premium). 2. Waymo data shows a significant injury reduction rate. If it's true and not manipulated data, it's natural for the car companies to want to capture some of this upside…
Curious where you live? The only place I ever paid insurance premiums that high (and not quite that high) was in Ontario. I pay $70.
Might as well compare the prices of apples and oranges and vacuums and space stations.
These comments could be quoting liability only insurance or comprehensive/collision for a kia or comprehensive/collision with bodily injury for a rivian R1S. The insured amount would differ by hundreds of thousands of dollars.
For reference, I have only ever paid for maximum liability only insurance including uninsured/underinsured coverage ($500k/$250k), but not bodily injury, and my premium for 10k miles per year is less than $50 per month. Used to be less than $40 per month before 2022.
Earlier quoted context omitted.
Curious where you live? The only place I ever paid insurance premiums that high (and not quite that high) was in Ontario. I pay $70.
The average car insurance premium in the US is over $2000/year, and over $2500/year for full coverage. I imagine that has an outlier effect and the median is lower, but I'd be surprised if the median was under $100/month. I'm paying just under $1000/year (and yes, in Ontario).
Can anyone explain why RIVN is down 8% after this announcement? Were investors expecting hands free handjobs or something?
I hold some RIVN and I'm wondering why they're spending resources on custom silicon instead of using something off-the-shelf. What is their advantage here? Can they hire the right people? Can they ship enough units to pay for it? Those are my bearish questions. On the bullish side, the VW deal shows that they're willing and able to license part of their platform, so possibly have a big chance to recoup costs and mayb…
Oh, I think everyone missed this. Rivian is betting Elon made a big mistake by designing FSD to be strictly for Tesla. Rivian are doing FSD to license it out to other manufacturers. They're planning to open a new market.
If only they had a good designer. They have the ugliest frames.
is everyone designing their own silicon getting so much additional them-specific utility out of it that it's actually worth it?
Yea, Tesla has some. But they aren't sharing their secret sauce. You can't just throw a desktop computer in a car and expect it to survive for the duration. Ford et all aren't anywhere close to having "premium silicon".
So you're only option right now is to build your own. And hope maybe that you can sell/license your designs to others later and make bucks.
Earlier quoted context omitted.
Curious where you live? The only place I ever paid insurance premiums that high (and not quite that high) was in Ontario. I pay $70.
In NYC with clean 15+ year driving record my premium is $270 a month after discounts with USAA. Geico, Allstate, Progressive all quote me $400/mo minimum. Have driven everything from old beaters to brand new economy cars with little difference. Friends who also drive are paying around $350/mo on average.
You're taking about full coverage, right?
Autonomy subscriptions are how things are going to go, I called this a long time ago. It makes too much sense in terms of continuous development and operations/support to not have a subscription -- and subscriptions will likely double as insurance at some point in the future (once the car is driving itself 100% of the time, and liability is always with the self driving stack anyway). Of course, people won't like this…
Autonomy subscriptions are how things are going to go, I called this a long time ago. It makes too much sense in terms of continuous development and operations/support to not have a subscription -- and subscriptions will likely double as insurance at some point in the future (once the car is driving itself 100% of the time, and liability is always with the self driving stack anyway). Of course, people won't like this…
> the alternative would be a corporation constantly providing -- for free -- updates and even support if your car gets into an accident or stuck. That's one alternative. Another alternative would be that you get what you get at purchase time, and you have to buy a new car to get the newest update. "Continuous development" isn't always a selling point when it's something with your life in its hands. A great example is…
Doubt that is a politically tenable model.
"You're telling me my son Bobby died in a crash that could have been prevented with finished software but they only roll it out to people who have the money for a new car despite no technical limitation?" -- yeah, good luck