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U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
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Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
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As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Tesla Motors said Thursday that it has now received 325,000 orders for its Model 3.
In its statement, Tesla said that the updated figure represents $14 billion in implied future sales. The company also joked that it would have written more on the subject, but needed to get back to increasing its Model 3 production plans.
Tesla shares were down 2.6 percent to $258.50 midmorning Thursday. (Get the latest quote here.)
Within the first 24 hours of last week's Model 3 launch, Tesla received 180,000 orders, according to CEO Elon Musk.
In its Thursday statement, Tesla said that the company had not paid for any endorsements or advertising and that "this interest has spread completely organically."
On Monday, shares of Tesla slipped after the company announced that it had delivered 14,820 vehicles in the first quarter, falling short of expectations for 16,000 deliveries.
Although the electric automaker reaffirmed its full-year delivery guidance of 80,000 to 90,000 vehicles, the miss raised questions about how Tesla can expect to deliver the Model 3 in a timely manner.