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.

Share:
More In Technology
Tips on Sticking to Your New Year's Resolution
With the new year right around the corner, people are starting to set lofty goals for 2022. However, research shows that very few people actually attain their new year's goals, and with the uncertainty surrounding the pandemic, it may be even tougher this year. Sandee Sgarlata, expert happiness coach and author of 'Happiness Solved,' joined Cheddar News to offer tips on how to actually help your 2022 resolutions stick.
Apple on Verge to Become World's First $3 Trillion Company
Apple is on the verge of becoming the world's first-ever $3 trillion company as shares of the iPhone maker are inching closer to $182.86. Joel Hawthorne, head trader and CEO of The Morning Snapshot, joined Cheddar to discuss Apple's success and how the tech giant will continue to innovate. "One thing that we have to keep in mind is this stock somewhat moves like its own ETF," he said, describing the company as almost a "safe bet" for long-term investors.
Meme Stocks Tumble as Investors Dump Risky Assets
Gabe Pincus, president of the investment advisor GA Pincus Funds, joined Wake Up With Cheddar to break down what's happening with meme stocks, as retail trader favorites AMC, GameStop, and Bed Bath & Beyond all moved sharply lower on Monday. He noted that even with the drop there is still room for the meme stocks to tumble even more. "They're still up 500 percent, 800 percent, 900 percent from their all-time lows, so there's plenty more room for them to go down," said Pincus.
Load More