Ever since Elon Musk first announced that Tesla will be making a relatively affordable electric sedan in 2016, people have been waiting with bated breath to get their hands on the steering wheel.
Even multiple manufacturing delays couldn’t diminish that anticipation.
Cheddar’s Hope King got a first-hand look at the mass market vehicle Monday with Josh Ong, an eager customer on Tesla’s months-long waitlist.
“For me the first reason I wanted it was the technology,” said the communications director at Cheetah Mobile. “This is really the ultimate gadget.”
More than a half million people have preordered the Model 3. But after multiple delays -- Tesla delivered just 1,500 of the vehicles in the fourth quarter -- many have given up and canceled their requests.
As cell carriers AT&T and Verizon planned to roll out nationwide 5G service this week, the FAA and U.S. DOT are asking the companies to pause their plans so more research can be done on the impact 5G has on aircraft technology. The companies are refusing, citing French regulations that limit wireless signals around airports while allowing research to continue. This week's launch wasn't the first time concerns have delayed 5G — last year, Airbus and Boeing express concerns, pushing the deadline into November, December, and then into this year. So what happens now — and what happens next? Will 5G roll out this year as expected? Jon Swartz, Senior Reporter at MarketWatch, joins Cheddar News' Closing Bell to discuss the state of the planned 5G rollout, why the FAA and U.S. Department of Transportation are asking carriers to stall the launch, and more.
Tyrone Ross, CEO of Onramp Invest, joins Cheddar News' Closing Bell, where he explains why he believes the current crypto slump is expected to persist and says that investors should be focusing more on Bitcoin's hashrate when it comes to metrics.
Luke Larsen, senior editor at Digital Trends, joins Cheddar News to discuss the largest tech convention in the world, CES, kicking off in Las Vegas this week.