That reduced the electric-car maker's market cap | Forum

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NAIROBI cheap nike air max 90 sale , July 8 (Xinhua) -- Kenyan President Uhuru Kenyatta led the national mourning of the death of his interior cabinet secretary Joseph Nkaissery who died at a Nairobi hospital early Saturday.

 

Kenyatta who addressed the nation in a televised news conference in Nairobi called on Kenyans to stand united as the results of the post-mortem are released.

 

"His (Nkaissery) death comes at a critical time as we approach the general election. We assure all Kenyans that the nation is secured and our security forces are doing all they can to ensure our security," he said.

 

The Kenyan leader appointed Education Cabinet Secretary Fred Matiangi as the Acting Interior CS following the sudden death of the 67-year-old Nkaissery.

 

"I take this opportunity to inform Kenyans there shall be no vacuum in securing our country. I have taken this morning the decision to appoint Dr Fred Matiang'i acting minister (Acting Cabinet Secretary) for Internal Security to ensure there is no vacuum," Kenyatta said.

 

Kenyatta who also cancelled hit political rally scheduled for Turkana in northwest Kenya following the passing away of Nkaissery described Nkaissery as one of the best leaders in his government.

 

"I have personally lost a friend. We spent the entire day yesterday (Friday) praying for the peace of our nation. We held discussions with the CS as late as 9.30 p.m. We were discussing issues on peace and security of this country among Kenya's preparedness for Junior Athletics which commences in a few days," he said.

 

"I send my condolences to his wife and children, his friends and the Maa community. I call on Kenyans to uphold peace in this difficult time. More details will be given on this untimely death," he added.

 

The former opposition lawmaker died a few hours after he was admitted to Karen Hospital in Nairobi.

 

Chief of Staff and Head of Public Service cheap nike air max sale , Joseph Kinyua said Nkaissery felt unwell and was rushed to hospital for check up.

 

Kenyatta said more details will be given out in the course of the day as with the circumstances of this unfortunate and untimely death.

 

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China's first lady visits Port of Hamburg

 

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Chinese aircraft carrier formation arrives in HK, to open for public to visit

 

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LOS ANGELES cheap air max 95 sale , July 9 (Xinhua) -- It is supposed to be a big weekfor Tesla as its long-awaited, first Model 3 electric car came offthe assembly line. However, a series of negative news reports havebrought the U.S. automaker new challenges.

 

For about three months, the California-based company reigned asthe most valuable automaker in the United States, ahead of bothGeneral Motors and Ford Motor.

 

But the automobile company's high-flying stock took a nosediveafter the July 4 holiday and it closed at 308.83 U.S. dollars onThursday, down nearly 20 percent from the historic high two weeksago.

 

That reduced the electric-car maker's market capitalization to50.7 billion U.S. dollars cheap air max 90 sale , according to Bloomberg, and put GeneralMotors ahead once again, at 52.6 billion U.S. dollars.

 

Auto sales are slowing overall from April to June. Sales figuresshowed this week Tesla delivered 22,000 electric cars globally inthe second quarter, about 3,000 cars less than the previousquarter.

 

But now the biggest concerns of many are related to the Model 3 cheap air max sale ,which is considered a major step for the company.

 

On Saturday, Tesla CEO Elon Musk shared the first pictures ofthe actual Model 3 electric car for the public after it was finallyrolling off the assembly line pending a "final checkout."

 

The new sedan, which will be priced around 35,000 U.S. dollarseach, "achieves 215 miles (346 km) of range per charge" and is"designed to attain the highest safety ratings in every category,"according to Tesla.

 

In several Twitter posts on Monday cheap nike air max 95 womens , Musk said the company willdeliver 30 Model 3 cars on July 28 and will produce 100 cars inAugust, more than 1,500 in September and 20,000 cars per month byDecember.

 

But the planned production levels of the new sedan are stilllower than many investors had hoped.

 

Most critical to Tesla's troubles was a new, slower timetablefor the Model 3 introduction, and a separate acknowledgment ofproblems in manufacturing battery packs cheap nike air max 90 womens , a critical component ofits cars, in the second quarter, David Whiston, an analyst atMorningstar, said to the New York Times.

 

Adding to Tesla's headaches this week, in the latest series ofcrash tests by the Insurance Institute for Highway Safety cheap nike air max womens , Tesla'sModel S earn only an acceptable rating in the small overlap fronttest.

 

"Tesla made changes to the safety belt in vehicles built afterJanuary with the intent of reducing the dummy's forward movement.However, when IIHS tested the modified Model S, the same problemoccurred, and the rating didn't change," the safety group said in astatement on Thursday.

 

Can Tesla pull off a mass-market success? There is no doubt thecompany is facing more and more serious competition as otherelectric vehicle players introduce their new rides.

 

This week, Volvo Cars cheap air max 95 womens , acquired by Chinese automaker Geely in2010, stole some of Tesla's thunder by saying that all its modelswould be hybrid or fully electric vehicles by 2019.

 

Tesla also sells cars in China, the world's largest auto market,but is not yet a significant player. In March, Jon Mcneil, Tesla'shead of global sales cheap air max 90 womens , said in Beijing that the company's Chinesemarket will continue to expand.

 

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