By Paul Lienert and Bernie Woodall DETROIT (Reuters) - Tesla Motors Inc, the California-based maker of luxury electric cars, said it expects to build more than 60,000 cars in 2015, after spending heavily this year to update and expand its Fremont assembly plant. Chief Executive Officer Elon Musk also said the company will fund 40 percent to 50 percent of the estimated $4 billion to $5 billion cost of building a new "gigafactory" to produce cheaper and more efficient battery packs for its future electric cars, including the $35,000 Model 3 range that is due in 2017.
U.S. Secretary of State John Kerry on Friday called the 72-hour ceasefire agreed to by Israel and Hamas in their conflict in the Gaza Strip a "lull of opportunity" and said it was imperative that the sides make their best efforts to find common ground. Kerry said Egypt's foreign minister will invite the Gaza ceasefire parties to take part in "serious" negotiations in Cairo and that the United States plans to send a small delegation to the talks. Kerry called the ceasefire "precious time." "It is a lull of opportunity, a moment for the different factions to be able to come together with the state of Israel in an effort to try to address ways to find a sustainable ceasefire and then obviously, over a longer period of time, address the underlying issues," Kerry told reporters.