Quote:
Originally Posted by oil pan 4
If that tesla giga factory significantly reduced battery prices that would be great.
But what if all they do is eliminate competition and set the price as they see fit?
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Historically, prices are still driven down when companies consolidate. Oligopolies do not get to set the price arbitrarily high. The market still sets their price.
Quote:
Originally Posted by Xist
I wonder if insurance companies would provide coverage for new batteries on old cars--just the batteries.
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I doubt car insurance would be required on the finance plan. Nissan would have the battery pack as collateral if the debt was defaulted on. Not only that, but Nissan's cost for the battery pack is likely much less than the consumer is paying, so their liability on a default is further reduced.