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.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
