![]() And over in Europe, we're looking out for ASML, Just Eat Takeaway and also SAP, all out with third-quarter numbers. In terms of earnings, we've got Whitbread out with first-half earnings. Keep an eye out for the EIA crude oil inventory report given that oil prices are very much linked to what's happening in the Middle East at the moment, waiting on Biden to arrive in the region to lay out the US's reaction and response to what's happening on the ground there. Speaking of the US, we've got building permits and housing stocks and a Federal Reserve-based book as well. In fact, the dollar has also moved on that, along with Wall Street.Īs we head closer to the Wall Street Open, UK 10-year gilt yields hit their highest level in one week after US retail data was stronger than expected. Of course, a lot of the move seen earlier today, just looking at the volatility index (VIX) there, has been inspired not so much from the UK side, but actually the US side. Moving on to the United Kingdom, we've got consumer price index (CPI) data, along with the producer price index (PPI) as well, and retail sales figures to boot. What's also key is watch out for what Chinese developer Country Garden says about its finances, because there's this growing expectation that it'll default on its offshore debt as the repayment deadline looms. ![]() Just to show you the yuan versus the US dollar, because the yuan was mostly steady against the greenback as traders await that GDP data. We also have the industrial production, retail sales and fixed asset investment readings as well. We start in China, where we have Q3 gross domestic product (GDP) growth rate print. Hello, I'm Angeline Ong, and welcome to your Look Ahead to Wednesday 18 October 2023. (Video Transcript) Traders await China GDP data How to choose the best investment platform.How to choose the best beginners' trading platform.How to find the best day trading platform.What is sectors trading and how does it work?.Instacart IPO: what you need to know and how to buy shares.What are futures and how do you trade them?.What are options and how do you trade them?.Tesla is reportedly still in trial production at Gigafactory 3 and it is expected to start selling the first Model 3 vehicles to have come out of the factory by the end of the year. Let’s see if there’s anything different with the made-in-China Model 3. To be fair, that’s a problem with most cars, not just Tesla vehicles or electric vehicles. However, many Tesla vehicles who have been caught by floods have been totaled by insurance companies. “Fire, explosion, earthquake, windstorm, lightning, hail, flood, or deep water ”ĭespite not being covered by the warranty, Tesla has been trying to make its vehicles as hermetic as possible. Jay in Shanghai suggests that it could mean Tesla is preparing a “flood-proof” version of the Model 3.Īs per its warranty document, Tesla doesn’t cover damages from a flood or driving in deep water: Jay in Shanghai □□ November 23, 2019Īs part of the test, it looks like Tesla is driving the Model 3 into quite deep water. Chinese Version is flood proof? Let us know what you think? #Tesla #TeslaChina #MIC #Model3 #GF3 #特斯拉 #中国 $TSLA /vx44fSwnLf Tesla Gigafactory 3 Exclusive Video: MIC Tesla Model 3 under going testing driving over high water. Jay in Shanghai has posted a video of an interesting new testing facility at Gigafactory 3: With the start of production of the made-in-China Model 3 vehicles at Gigafactory 3 in Shanghai, it looks like Tesla is doing some interesting flood-proof testing with the cars. Last year, Tesla investigated why bumpers broke off two Model 3 vehicles after driving in heavy ‘heavy rain’. On the other hand, Model 3 has had some issues with driving into water. Much of those talks started a few years ago when Tesla CEO Elon Musk said that the Model S could almost be used as a boat after a Tesla Model S was spotted driving (or swimming) through a flooded tunnel – although the CEO made it clear it isn’t recommended. There have been some talks about whether or not it is safe to drive your Tesla into relatively deep water, which is generally not recommended. ![]() A Tesla Model 3 in China has been spotted driving into relatively deep water in what appears to be an interesting new testing section of Gigafactory 3 in Shanghai.
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