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Tesla

A tense and short-tempered Chief Executive Elon Musk barked at engineers on the assembly line, weekend shifts were mandatory and workers were pulled from other departments. According to employees who spoke to Reuters, Telsa pulled out all the stops in the final week of June to meet its goal of making 5,000 Model 3s in a week.

However, Tesla’s burning the midnight oil to hit the long-elusive Model 3 target failed to convince Wall Street that the electric carmaker could sustain that production pace, sending shares down 2.3 percent yesterday.

For Tesla to really cruise, Musk needs to prove he can durably master the nuts and bolts of manufacturing, writes Breakingviews associate editor Antony Currie.

⚡ Tesla hits Model 3 target, Musk says it's now a 'real car company' https://t.co/vCsvvwZsxP

6:42 PM - July 2, 2018

World

Rescuers raced to pump water from a cave in northern Thailand as forecasted heavy rain threatened to complicate efforts to free a young soccer team found trapped for 10 days, an ordeal officials warned they may have to bear longer.

Malaysian anti-corruption agents arrested former Prime Minister Najib Razak today following a probe into how money went missing from a state fund he founded almost a decade ago. Authorities said he would be charged in court tomorrow.

U.S. Secretary of State Mike Pompeo will leave for North Korea on Thursday seeking agreement on a plan for the country’s denuclearization, despite mounting doubts about Pyongyang’s willingness to abandon a weapons program that threatens the United States and its allies.

Commentary: Trump and Putin should start small at their July 16 summit, write former U.S. ambassadors William Courtney and Kenneth Yalowitz. While Moscow's actions on crucial matters like Ukraine, Syria and election interference cannot be ignored, they "may find it easier to make concrete progress if they start with lower profile issues" like renewed cultural exchanges and diplomatic expulsions.

Two Reuters journalists have been detained in Myanmar since Dec. 12, 2017. See our full coverage: https://reut.rs/2yPnwus

5:54 AM - July 3, 2018

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