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FREMONT, Calif. (KGTV) -- Tesla has decided to temporarily shut down production of the Model 3 for the second time in 2018, according to BuzzFeed.Production of the Model 3 will be on pause for four to five days in a move employees told BuzzFeed came without warning.Employees of the company will be expected to take vacation days or stay home without pay.RELATED: Tesla Model 3 on display in San Diego showroom A spokesperson said the assembly line is on pause to improve automation.In late February, Tesla shut down the Model 3 line in a move the company said was meant to increase output. The company added in February that such pauses are common. RELATED: Tesla recalling more than 100,000 Model S sedansThe company has struggled to meet production goals in the last six months. Musk said that the company would manufacture 2,500 cars per week by the end of the first quarter of 2018 but was only making 2,000 per week by April 1.  962

For most of the pandemic, people have enjoyed record low interest rates, making way for a boom in mortgage refinancing. But experts say the upcoming election could have a major impact on whether those rates stay low."I think for a lot of reasons there will be even more volatility. You have the backdrop of the pandemic, you have quite a rivalry," said Josh Stech, Co-founder and CEO of Sundae, a company that helps people with homes in bad condition get their properties sold. Stech says the pandemic has created even more of a wedge between the two parties and interest rates will be impacted."I would say that we’re cautiously optimistic that we’ll see a strong 2021 regardless of who wins but there’s always that looming uncertainty of who wins and also what policies that follow that, that could impact unemployment, that could impact tax rates, that could just change consumer behavior again," said Stech.Matthew Garcia, a Senior Loan Officer with Supreme Lending, says historically, interest rates waver before an upcoming presidential election. "Last election in 2016, rates were in the lower threes. Literally, two to three days later rates went into the fours. That’s how violent and how rapid interest rates can move. A lot of folks', mistakes people make is they think the government makes interest rates. They don't. Interest rates for mortgages are controlled by bond market activity," said Garcia. Specifically, Garcia says, treasury bonds and mortgage-backed securities."Now, at some point, depending on what the next president decides to do, if that affects monetary policy by the Fed(eral Reserve) and the Fed has already come out and said we don't plan on changing anything but the president has the ability to influence that. If they make a decision that could ultimately affect what the Fed’s decision on monetary policy is, we would see a rapid increase in interest rates according with that," said Garcia.Another potential big influence on interest rates? "If COVID-19 is cured, you’re going to see rates spike overnight. Or any kind of change in economic policy or even, too, the economy itself being affected by COVID has the potential to drive interest rates a lot higher. So, there’s definitely on the horizon two major components, the election and COVID cure that are going to affect interest rates going forward," said Garcia.Garcia says it's best to take advantage of interest rates while they're low. Experts recommend speaking to a loan officer or financial advisor before taking out a loan. 2531

For the first time in recorded history researchers have not observed sea ice formation along the Siberian Coast of the Arctic Sea this late into the year.The region, according to researchers, usually starts generating thick layers of ice in the later part of September and early parts of October.“It was really hard to find a solid chunk of ice to freeze the ship into,” said Colorado State University researcher Jessie Creamean, who has spent the last six years traveling to the Arctic Sea to study the ice. “It was really astounding that it was so hard to find this thick ice that should be there but isn’t anymore.”In February, Creamean spent time aboard the world’s largest icebreaker ship, Mosaic, and said the changes were visible to the naked eye and not just on satellite imagery.“It’s getting warmer so we’re losing sea ice, but because we lose the sea ice it becomes even warmer,” said Mark Serreze, director of the National Snow and Ice Data Center. “It exacerbates the problem of climate change.”Serreze says the loss of sea ice has started a trend where warmer water from the Atlantic Ocean moves into the Arctic Sea and layers itself under the colder water before permeating to the surface, causing the Arctic Sea to warm at a faster rate.It also allows cargo ships to travel a route that has historically been impassable, creating geopolitical incentives for nations to try and control the region.“We’re seeing issues of tensions between the United States and Russia which, of course, is an Arctic nation starting to arise,” said Serreze. “Russia is strongly militarizing the Artic right now so there are many things that are occurring at that level because of the changes we’re seeing so it’s a great example of how climate change and geopolitics are becoming intertwined.” 1797

FORT WAYNE, Ind. — A man who lost an eye after being struck by a tear gas canister police in Indiana fired during a May protest over George Floyd’s death is suing the city and a police officer. Twenty-one-year-old Balin Brake's federal lawsuit contends the injury “has permanently changed his life." He's seeking damages from the city of Fort Wayne and the unidentified officer who fired the canister. The Journal Gazette reports that Brake's right eye had to be surgically removed after it was struck by a tear gas canister during the May 30 protest. City spokesman John Perlich declined to comment on the pending litigation. 634

Four people have died after they were swallowed up by a massive sinkhole in a Chinese city, despite desperate rescue efforts to save them.According to state media, the sinkhole opened up around 2:30 p.m. Sunday in Dazhou, Sichuan province. Dramatic video from the scene showed people suddenly plunging through the pavement as it collapsed beneath them.Two victims died after being pulled from the pit and rushed to a hospital, state media said. They were reportedly married only days before.Efforts to rescue the other victims, a father and his young son, were unsuccessful, with the two found dead on Tuesday afternoon.Rescuers believed the final two were trapped around 10 meters (32 feet) underground, some two meters deeper than local rescuers' equipment could reach. 779

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