French centrist Emmanuel Macron and his far-right presidential rival Marine Le Pen clashed over terrorism, the economy and Europe Wednesday in a bad-tempered TV debate that laid bare their profoundly different visions for the country. The duel ahead of Sunday's election was billed as a confrontation between Macron's call for openness and pro-market reforms and Le Pen's France-first nationalism. The tone was set in the opening minutes, with Le Pen branding the former economy minister and investment banker "the candidate of the elite" and the "darling of the system".
By Alexandria Sage SAN FRANCISCO (Reuters) - Electric-car maker Tesla Inc on Wednesday reported first-quarter revenue that more than doubled, and while saying the upcoming Model 3 was on schedule for July, it downplayed the mass-market vehicle to give a sales pitch for its more expensive Model S. Chief Executive Elon Musk's bold approach to cars, space exploration and clean energy has fueled investor enthusiasm for Tesla. "We have seen some impact of Model S orders as a function of people being confused" that Model 3 is the upgrade to Model S, Musk said on a conference call. Tesla said it had $4 billion of cash on hand as it headed into the second quarter and expects year-to-date capital expenditures to be slightly over $2 billion by the time it starts Model 3 production - within its previous targeted range of $2 billion to $2.5 billion.
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