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.

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Cyber Insurance Firm 'Coalition' Lands $205 Million
Cyber insurance and security company Coalition helps businesses manage and mitigate cyber risks. It just raised a $205 million Series E funding round led by Durable Capital at a $3.5 million valuation. The company also just announced its acquisition of Attune Insurance, making it the world's largest commercial insurtech provider. Coalition founder and CEO Joshua Motta joined Cheddar News' Closing Bell to discuss.
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