Tesla exec joins construction tech company as chief manufacturing officer - Business Insider

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Tesla exec joins newly launched construction tech firm that wants to be a one-stop shop for commercial real estate

, and the convoluted processes for building design, development, and zoning means that tech disruption in construction has many more stakeholders than some other industries.

The company will give customers a locked-in price before they start to build, without any costly change orders, and it boasts that it can build and deliver modular buildings 50% faster than conventional construction and 20% cheaper. The buildings will come with a digital twin and sensors in the building, allowing developers a deep understanding of energy and space utilization, along with other data about the finished building.

"Other technology is faster horses, but they're not handling the underlying issues of construction," Schanzer said.

 

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Loving it. Real estate sector could really pick up steam after a solid decade in recovery after 08’

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