Tesla says order by Monday to get full $7,500 tax credit

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DETROIT (AP) Tesla Inc. says buyers must order cars by Monday to get the full federal electric vehicle tax credit of $7,500.

The company says on its website that cars ordered by Monday will be delivered by the end of the year.

Under federal law, buyers get the full credit until a manufacturer reaches 200,000 in sales since the start of 2010. Tesla hit 200,000 in July but the full credit continues for vehicles delivered by Dec. 31. Then it is gradually phased out.

Tesla recently has had trouble delivering its lower-priced Model 3 electric car. The company was struggling to produce them but said Oct. 2 that it manufactured more than 53,000 in the third quarter. The company also made almost 27,000 higher-priced Model S sedans and Model X SUVs.

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Disney animation and Pixar president Ed Catmull to retire

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October 23, 2018 at 6:05 pm | LOS ANGELES (AP) Ed Catmull, the president of Walt Disney and Pixar Animation Studios since 2006, is retiring next year. The Walt Disney Company says Tuesday that the 73-year-old Pixar co-founder w...

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Family behind drug company sued over toll of opioids

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October 23, 2018 at 5:48 pm | The family that owns a drug company is now being sued over the toll of opioid painkillers in one New York county and it's likely to be sued by hundreds more. Well over 1,000 lawsuits filed by s...

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Monsanto weed killer ruling is 1st step in long legal battle

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October 23, 2018 at 5:32 pm | SAN FRANCISCO (AP) With its stock dropping and more lawsuits expected, Monsanto vowed Tuesday to press on with a nationwide legal defense of its best-selling weed killer Roundup after a San Francis...

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National Commerce: 3Q Earnings Snapshot

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October 23, 2018 at 5:26 pm | BIRMINGHAM, Ala. (AP) _ National Commerce Corp. (NCOM) on Tuesday reported third-quarter profit of $12 million. The bank, based in Birmingham, Alabama, said it had earnings of 59 cents per share....

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