Tesla Is Turning Cars Into Phones. Other Car Makers Better Catch On.

Barrons2021-05-31

Cars are slowly becoming less about hardware and more about software. That shift has the power to change the automotive industry as much as any other trend, including vehicle electrification and ...

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Comments

potatochip
2021-06-01
potatochip
Tesla phone or Apple car [Observation]
- Ddazes:
  Apple car!
- CL777:
  Apple!
Ruixiang
2021-06-01
Ruixiang
Like please
Kakaron
2021-06-01
Kakaron
Cool
JerSoh
2021-06-01
JerSoh
Ok
- Rayvchel:
  good
TK360
2021-06-01
TK360
Interesting article. Definitely I can't bring my car to toilet.
Chris1368
2021-06-01
Chris1368
Read

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Other Car Makers Better Catch On.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 21:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-is-turning-cars-into-phones-other-car-makers-better-catch-on-51622401498?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cars are slowly becoming less about hardware and more about software. That shift has the power to change the automotive industry as much as any other trend, including vehicle electrification and ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-is-turning-cars-into-phones-other-car-makers-better-catch-on-51622401498?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.barrons.com/articles/tesla-is-turning-cars-into-phones-other-car-makers-better-catch-on-51622401498?mod=hp_LATEST","article_id":"1170972530","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170972530","pubTimestamp":1622468013,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Cars are slowly becoming less about hardware and more about software. That shift has the power to ch","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果","TSLA":"特斯拉","F":"福特汽车"},"translate_title":"特斯拉正在把汽车变成手机。其他汽车制造商最好抓住这个机会。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9,"F":0.9,"TSLA":0.9},"content_text":"Cars are slowly becoming less about hardware and more about software. That shift has the power to change the automotive industry as much as any other trend, including vehicle electrification and autonomous driving. Automotive investors should start paying more attention to software.\nIf a “software defined vehicle,” as the industry calls it, is difficult to grasp, all consumers need to do is look at their phones. Then, perhaps, visit their grandparents.\n\nPhones used to be all about hardware. A rotary phone from Ma Bell didn’t have a lot of features constantly updating. Innovations were push-button numbers and extra long cords. But a new iPhone from Apple (AAPL) regularly has new apps and operating systems making it go a little bit better day by day.\nCars are still in the rotary phone stage—or perhaps the flip phone stage. But that is changing.Tesla (TSLA) pioneered over-the-air updates, and now more auto makers are doing the same, connecting their vehicles to the web.Ford Motor (F) announced this past week a plan to set up a new business around connecting its commercial vehicles.\nInvestors loved the news. Ford stock rose 9% this past week, to $14.53. The S&P 500 and Dow Jones Industrial Average both rose roughly 1%.\nSoftware-related changes aren’t always perceived as positive, however. On Friday, the Tesla Model 3 lost a Consumer Reports top pick rating. 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As the transition to more software-centric vehicles takes place, it has many implications for the way cars are designed and sold.\n“Tesla has never really focused on model years,” Tesla power electronics supplier Aptiv (APTV) CEO Kevin Clark tellsBarron’s. Tesla can improve power output with software. EV range enhancements can be made with software. In-car entertainment enhancements? Yes, software.\nThat approach has yielded real benefits. Tesla’s gross profit margins are better than BMW‘s (BMW.Germany), despite being about 30% of BMW’s size. Tesla also saves on tooling. Tesla spends less on capital, adjusted for size, than does BMW.\nThe software-defined vehicle trend is still in the early innings, Clark says. It has a long way to run, but the end of the game for cars might not look exactly like the phone business.\nThere are a couple of key differences between the industries. Manufacturing cars so teenagers can use them without injuring pedestrians isn’t a trivial matter. 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It will be the ones with the best software for entertainment, safety, and reliability.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":119189944,"gmtCreate":1622527005688,"gmtModify":1704185662997,"author":{"id":"3570923041276809","authorId":"3570923041276809","name":"potatochip","avatar":"https://static.tigerbbs.com/279b09d8c5dbf0fd92a959709ef9b5ff","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Tesla phone or Apple car [Observation]&nbsp;","listText":"Tesla phone or Apple car [Observation]&nbsp;","text":"Tesla phone or Apple car [Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/119189944","repostId":1170972530,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4577001,"gmtCreate":1622793331286,"gmtModify":1663227943128,"authorId":3570925230110099,"author":{"id":3570925230110099,"authorId":3570925230110099,"name":"Ddazes","avatar":"https://static.tigerbbs.com/6ba801dfb90539ab362f1d1efe8729c7","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":119189944,"type":1,"supId":0,"prevId":0,"content":"Apple car! ","text":"Apple car! ","html":"Apple car! 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Definitely I can't bring my car to toilet.&nbsp;","listText":"Interesting article. Definitely I can't bring my car to toilet.&nbsp;","text":"Interesting article. Definitely I can't bring my car to toilet.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119066418","repostId":1170972530,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":110477824,"gmtCreate":1622502087268,"gmtModify":1704185062740,"author":{"id":"3579580978658938","authorId":"3579580978658938","name":"Chris1368","avatar":"https://static.tigerbbs.com/1cceffc5fce3f4ce612d07debe8b5808","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":3,"crmLevelSwitch":1},"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110477824","repostId":1170972530,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":84,"commentSize":33,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1170972530"}