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you might remember back in october, the tesla ceo bought twitter for $44 billion. so that means fidelity estimates twitter's current value is about $14.7 billion. twitter has struggled financially. musk acknowledged in march its advertising revenue had dropped by 50%. despite that his wealth overall is still up this year, largely due to a surge in the price of tesla shares. >>> the actor who played elizabeth holmes is weighing in about her prison sentence. amanda seyfried portrayed holmes in "the dropout" last year. she appeared on "good morning america" to promote a new show on apple tv, and questions about holmes came up. she did acknowledge it was weird timing that she was going on a press tour while holmes was reporting to prison. she did say as a mom, she feels for holmes' children. but overall, she want the sentence holmes received was "fair." >>> an a.i. chatbot goes too far. and now it's getting fired. the reason the national eating disorder association had to get rid of it. our scott budman is going to be joining us to explain. >>> plus, could he be ready
you might remember back in october, the tesla ceo bought twitter for $44 billion. so that means fidelity estimates twitter's current value is about $14.7 billion. twitter has struggled financially. musk acknowledged in march its advertising revenue had dropped by 50%. despite that his wealth overall is still up this year, largely due to a surge in the price of tesla shares. >>> the actor who played elizabeth holmes is weighing in about her prison sentence. amanda seyfried portrayed...
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Jun 1, 2023
06/23
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stuck in mud and submerged under four feet of water, this wrecked tesla could provide clues in a two vehicle accident that claimed two lives. we put people in the in the water on the other side of this little lake. luzerne and they walked out, surveyed the area in front of what we needed over the course of two hours, divers attached two chains, then used a tow trucks wench to pull the vehicle up. a ten foot embankment and onto highway one near bean hollow state beach. it's the thing about down there is if you get in trouble, you're pretty much on your own. and we generally operate with six divers for to do the work and two to rescue. today we only had three. divers were confident the relatively shallow and calm waters made it safe for recovery . this work comes as a result from a two vehicle double fatal accident tuesday
stuck in mud and submerged under four feet of water, this wrecked tesla could provide clues in a two vehicle accident that claimed two lives. we put people in the in the water on the other side of this little lake. luzerne and they walked out, surveyed the area in front of what we needed over the course of two hours, divers attached two chains, then used a tow trucks wench to pull the vehicle up. a ten foot embankment and onto highway one near bean hollow state beach. it's the thing about down...
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May 31, 2023
05/23
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tesla ceo yuan musk has met government officials on the second day of his trip to china. he met with china's minister for information technology. the pair exchanged views on the development of energy vehicles and intelligent connected vehicles. photos on chinese social media showed him visiting the ministry of commerce. jp morgan ceo jamie dimon testified that a former head of private banking could have decided to drop jeffrey epstein according to a newly released transcript of jamie dimon's deposition. they accuse the bank of benefiting. jp morgan's general counsel stephen cutler would have had the ultimate authority to cut ties with epstein. global news, 24 hours a day. on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. i'm vonnie quinn. this is bloomberg. paul: still to come, as china rolls out the red carpet for u.s. business leaders we take a closer look at president xi jinping's efforts to boost trade relations and the economy. up next, economic implications of the u.s. debt deal with ubs chief economist. thi
tesla ceo yuan musk has met government officials on the second day of his trip to china. he met with china's minister for information technology. the pair exchanged views on the development of energy vehicles and intelligent connected vehicles. photos on chinese social media showed him visiting the ministry of commerce. jp morgan ceo jamie dimon testified that a former head of private banking could have decided to drop jeffrey epstein according to a newly released transcript of jamie dimon's...
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May 31, 2023
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larry: dramatic video a tesla being plucked out of the water in pescadero today. the car plunged into the pond after careening over the side of highway 1 and a deadly crash yesterday. chp says the ted -- says that tesla collided with a subaru. both cars went into the water. two men or pronounced dead at the scene. kristen: crime in san francisco has become a major concern latest years. what does the data really say? the in -- iteam investigates. and getting ready for pride month. flags are already waving. meteorologist: the marine layer is pulling on shore right now, but it will not inhibit the midweek warm-up. when i was his age, we had to be inside to watch live sports. but with xfinity, we get the fastest mobile service and can stream down the street or around the block! hey, can you be less sister, more car? all right, let's get this over with. switch to xfinity mobile and get the best price for 2 lines of unlimited. just $30 a line per month. i should get paid more for this. you get paid when you win. from xfinity. home of the 10g network. larry: abc7 is c bu
larry: dramatic video a tesla being plucked out of the water in pescadero today. the car plunged into the pond after careening over the side of highway 1 and a deadly crash yesterday. chp says the ted -- says that tesla collided with a subaru. both cars went into the water. two men or pronounced dead at the scene. kristen: crime in san francisco has become a major concern latest years. what does the data really say? the in -- iteam investigates. and getting ready for pride month. flags are...
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May 31, 2023
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and whether the tesla was in the self driving mode. pg e has agreed to pay 50 million dollars to settle a case over 2020 wildfire that killed 4 people. the zogg fire was ignited in shasta county after a tree fell onto an energized pg and e line it burned 56,000 acres and destroyed over 200 structures. the shasta county da charge pg e with manslaughter. but all the criminal charges have now been dropped following today's settlement, 45 million dollars will go towards organizations to help rebuild and assist local communities. there and also pg e will pay a 5 million dollar fine directly to the county. the agreement must still be reviewed and approved by a judge. okay. we'll talk about forecast with our live look outside some fog and clouds sticking around today. but the warm-up has started. meteorologist kyla grogan here now with all the details. hey, kyla. hey there. yeah. so inland warmed up a tiny if you are around the bay or the coast kind of the same thing as yesterday because we did have that marine layer. >> rather, president tem
and whether the tesla was in the self driving mode. pg e has agreed to pay 50 million dollars to settle a case over 2020 wildfire that killed 4 people. the zogg fire was ignited in shasta county after a tree fell onto an energized pg and e line it burned 56,000 acres and destroyed over 200 structures. the shasta county da charge pg e with manslaughter. but all the criminal charges have now been dropped following today's settlement, 45 million dollars will go towards organizations to help...
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May 31, 2023
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tesla is planning to give an early glimpse to its revamped model 3 sit and -- sedan. sources tell us the first cars coming off the line on thursday our prototypes and will be slightly longer and sportier than the earlier version. tesla is facing pressure to refresh its product line in china, the second-biggest market after the u.s. shares of lucid group falling sharply in trading is the company reportedly eyes raising fresh capital. sources: bloomberg the ev makers is raising $3 billion with the majority of the money coming from the saudi public investment fund, the kingdom's main sovereign wealth fund is lucid's largest holder. paul: we will be speaking to the u.k. trade commissioner for the asia-pacific natalie black as a trade deal with australia and new zealand comes into force on may 31. let's take a look at asian markets right now, what to expect when we get the open at the top of the next hour. futures in australia looking soft, off by .2 of 1%. aussie dollar holding just above the $.65 u.s. level ahead of the rba meeting. nikkei futures largely unchanged, the
tesla is planning to give an early glimpse to its revamped model 3 sit and -- sedan. sources tell us the first cars coming off the line on thursday our prototypes and will be slightly longer and sportier than the earlier version. tesla is facing pressure to refresh its product line in china, the second-biggest market after the u.s. shares of lucid group falling sharply in trading is the company reportedly eyes raising fresh capital. sources: bloomberg the ev makers is raising $3 billion with...
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May 31, 2023
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carter happy and hopefully it makes me happier tesla, final trade >> all right thank you so much for watching "fast money. we'll see you back here tomorrow at 5:00. don't go anywhere. "mad money" with jim cramer starts right now >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm trying to make a little money my job isn't just to entertain, it's to earn you money for the first time we're in a fast slowdown within a titanic boom it's such a riddle wrapped inside a mystery in an enigma. the dow dipped 135 points, s&p declined 165 points. it felt much worse than that right now the data is so contradictory. we can't tell either way but this power will get resolved over time. unfortunately for some ill-advised reason we might not have time. there are only two weeks before the next fed meeting and as far as i can tell, there are plenty of fed heads w
carter happy and hopefully it makes me happier tesla, final trade >> all right thank you so much for watching "fast money. we'll see you back here tomorrow at 5:00. don't go anywhere. "mad money" with jim cramer starts right now >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to...
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tesla did not immediately respond to our requests for comment. jp morgan ceo jamie dimon also in shanghai this week for the bang's annual global china summit, dimon is reaffirming commitment to business there saying the bank will remain in china and calling for real engagement to resolve ongoing issues between the nations. but some republican lawmakers call for decoupling. >> we need stop funding the instrument of what could be our eventual demise. china makes no secret. they want to be the dominant economic power and dominant military power in the world by 2049. >> now, elon musk has been unusually quiet on his social media platform, twitter, while he has been in china. and that's perhaps because twitter is mostly blocked in the country. gillian, back to you. >> gillian: all right, lydia hu in the new york newsroom for us tonight. thank you. >> you got it. ♪ ♪ >> gillian: you remember back in 2019 millions of chinese students protested efforts by the chinese party government to hong kong governors system. tonight my colleague bret baier inve
tesla did not immediately respond to our requests for comment. jp morgan ceo jamie dimon also in shanghai this week for the bang's annual global china summit, dimon is reaffirming commitment to business there saying the bank will remain in china and calling for real engagement to resolve ongoing issues between the nations. but some republican lawmakers call for decoupling. >> we need stop funding the instrument of what could be our eventual demise. china makes no secret. they want to be...
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May 31, 2023
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. >>> and the chart master all revved up about tesla. we will hear why he says this battleground ev stock is still a guy, even after a 60% move higher this year i'm melissa lee, this is "fast money," we're live at the nasdaq market site. and we start off with a crude awakening it for the energy markets. wti down more than 11% since the start of may that's its worst month since november 2021 and it hasn't just been energy under pressure from livestock to grains to metals, price are falling across the board. what's the impact of these moves? consumer prices grew at their slowest clip in two years in april. how will further disinflation fit entire the markets it could be seen as a good thing, glass half full, glass half empty, right, or a bad thing if it means -- >> we just posted the lean hogs data, so -- no , i think, if yo look at wheat, we're at 2 1/2-year lows. well through pre-russia/ukraine invasion, the biggest wheat producers in the word. if you look at lumber, all those things, very important for at least ppi. whether it's cpi, yo
. >>> and the chart master all revved up about tesla. we will hear why he says this battleground ev stock is still a guy, even after a 60% move higher this year i'm melissa lee, this is "fast money," we're live at the nasdaq market site. and we start off with a crude awakening it for the energy markets. wti down more than 11% since the start of may that's its worst month since november 2021 and it hasn't just been energy under pressure from livestock to grains to metals,...
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May 31, 2023
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it also stated must said the economies of the us and china were intertwined. china is tesla, 2nd biggest market. it's shanghai factory, produce $700000.00 vehicles last year. nearly half of the company's global output, but the brand face is increasing competition from chinese carmakers. last visit comes at a time when pensions are high between the aging. divide in administration is leading of course, to be couples in times technology. making it increasingly difficult for multinational businesses but while some us manufacturers are moving production outside of china, tesla is seeking to expand here with plans for a 2nd plot. despite all of this suspicion, these are the economic and technological connections with china. it booming, but it is more valuable that it's at a vein ad. i think if you are a policy maker or political leader in western europe. and even if you're a business in the united states, you recognize that china remains an indispensable market. you lot must usually active twitter page has no mention so far as this visit to china. chinese internet users haven't been so quiet.
it also stated must said the economies of the us and china were intertwined. china is tesla, 2nd biggest market. it's shanghai factory, produce $700000.00 vehicles last year. nearly half of the company's global output, but the brand face is increasing competition from chinese carmakers. last visit comes at a time when pensions are high between the aging. divide in administration is leading of course, to be couples in times technology. making it increasingly difficult for multinational...
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May 31, 2023
05/23
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you license your tesla on the steal, but not the software. and without the software, the steal just inert. and this is the argument john deere makes about tractors, right? you farmers can own their tractors. it's a new kind of tenant farmer. you're not a tenant of your field. you're a tenant of your agricultural employment. and you can't own it because the software doesn't belong to you, gm told the copyright office in 2017. no one owns that car. the car belongs to gm because the software belongs to gm. that is crazy. and i am very if we're launching a big project on digital ownership and we're going to try and address this we've got a bunch of wedges, i think that a big wedge is going to be divorce courts. i think that when the judge says half the music goes to you and half the music goes to you and, spotify says, no, i'm sorry, we allow sublicensing that the judge is going to go like, who do you think you are? right. i'm the judge. you're just you're just like you're just the company, right? like, i need an order follow my order. right. and
you license your tesla on the steal, but not the software. and without the software, the steal just inert. and this is the argument john deere makes about tractors, right? you farmers can own their tractors. it's a new kind of tenant farmer. you're not a tenant of your field. you're a tenant of your agricultural employment. and you can't own it because the software doesn't belong to you, gm told the copyright office in 2017. no one owns that car. the car belongs to gm because the software...
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May 31, 2023
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the tesla was completely submerged. the subaru overturned and was also partially underwater when paramedics arrived. investigators don't know why one of the vehicles crossed over into oncoming traffic. it's not known if the tesla was in autopilot mode. any vehicle that has an autopilot feature on it, that's what we're going to be looking into it to see if the driver was in control of the vehicle or was it on autopilot. it's not clear if drugs or alcohol were factors in that crash. we now know the name of the man killed in a crash that followed a police chase in san francisco last week. the medical examiner's office says 58 year old victor nguyen of san francisco died when the driver of a stolen city truck plowed into the bus stop where he was standing at 16th. and potrero avenue. police say 57 year old carlos watson stole a san francisco city pickup truck filled with buckets of paint. he led police on a chase that ended with him crashing into the bus stop. and another suv. police arrested watson and booked him on severa
the tesla was completely submerged. the subaru overturned and was also partially underwater when paramedics arrived. investigators don't know why one of the vehicles crossed over into oncoming traffic. it's not known if the tesla was in autopilot mode. any vehicle that has an autopilot feature on it, that's what we're going to be looking into it to see if the driver was in control of the vehicle or was it on autopilot. it's not clear if drugs or alcohol were factors in that crash. we now know...
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May 31, 2023
05/23
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i mention a tesla because that is important to tesla could give investigators answers as to exactly what happened. >> i so because it's a test pretty much now practice. i went away and looked to see driven by human being and the vehicle to have some out a >> feature on it. that's what we're going to be looking into to see if the driver was in control the vehicle or wasn't on that file. >> at this point, they don't know the cause of the crash, whether a speeding drugs or alcohol or if the tesla was on auto pilot, back to you. >> new at noon, the man accused of stabbing a woman inside a bakery in san francisco's china town is now facing several felony charges, including attempted murder video from the citizen app shows the police presence at a bakery on stockton street monday afternoon. the woman was hospitalized with life-threatening injuries. we do not have an update on her condition. prosecutors say the suspect, 61 year-old point lie was on parole for a previous attempted murder conviction back in 2016, he was sentenced to 9 years in prison for stabbing an elderly man and san francisco'
i mention a tesla because that is important to tesla could give investigators answers as to exactly what happened. >> i so because it's a test pretty much now practice. i went away and looked to see driven by human being and the vehicle to have some out a >> feature on it. that's what we're going to be looking into to see if the driver was in control the vehicle or wasn't on that file. >> at this point, they don't know the cause of the crash, whether a speeding drugs or...
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May 31, 2023
05/23
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the tesla chief executive is visiting china for the 1st time in 3 years. the government has rolled out the red carpet for him to phone you some point. china is always welcome business people from various countries, including mister musk, to visit china, to better understand the country and promote mutually beneficial corporation. he's visited to commerce and information technology ministries and ultimate, for administered chin gunk. the foreign ministry released a statement saying mosque had complimented to try these people for being diligent. it also stated must said the economies of the us and china were intertwined. china is tesla, 2nd. biggest market. it's shanghai factory produced $700000.00 vehicles last year. nearly half of the company's global output, but the brand face is increasing competition from chinese carmakers. last visit comes of the time with intensive a high between the aging. divide in administration is leading a push to di couples in china is technology making it increasingly difficult for multinational businesses. but while some us ma
the tesla chief executive is visiting china for the 1st time in 3 years. the government has rolled out the red carpet for him to phone you some point. china is always welcome business people from various countries, including mister musk, to visit china, to better understand the country and promote mutually beneficial corporation. he's visited to commerce and information technology ministries and ultimate, for administered chin gunk. the foreign ministry released a statement saying mosque had...
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May 31, 2023
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tesla did not respond to our request for comment. j.p. morgan's ceo jamie dimon is also in shanghai for the bank's global china summit. diamon is re-affirming to commitment there and says the bank will remain in china calling for real engagement to resolve ongoing issues. some republican lawmakers are calling for a decoupling. watch. >> we need to stop funding the instrument of what could be our eventual demise. china wants to be the dominant military power in the world by 2049. >> from some in the business community, it's optimism. leaders like dimon and musk could get influence over china that washington cannot. one example is apple's ceo and tip cook in his retation from china and to other nations like india. back to you. >> trace: thanks. let's bring in victor davis hanson, senior fellow from the hoover institute. great to have you on. i don't quite get it. we go back ten years. you talk to admirals of the pacific indocommand like harry harrison says that china is threat number 1. you look at the fbi. it's a grave threat. you look wha
tesla did not respond to our request for comment. j.p. morgan's ceo jamie dimon is also in shanghai for the bank's global china summit. diamon is re-affirming to commitment there and says the bank will remain in china calling for real engagement to resolve ongoing issues. some republican lawmakers are calling for a decoupling. watch. >> we need to stop funding the instrument of what could be our eventual demise. china wants to be the dominant military power in the world by 2049. >>...
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May 31, 2023
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tesla ceo elon musk if federal reserve governor michelle bowman are taking opposite stances. this morning in boston bowman said that the residential real estate market appears to be rebounding now which could impact federal reserve's inflation battle. while lower rents will eventually be reflected in inflation data, she says home prices are already leveling out right now and starting to rise once again. but on monday tesla ceo elon musk said home values and residential real estate will follow the meltdown commercial real estate is experiencing right now. whom should you believe? well, if anybody should throw in their 2 the cents into this argument, it's the queen of real estate, barbara corcoran. she joins me now in a first on fox business interview here in studio. great of you. >> pleasure to be here. liz: whose side do you come in. >> oh, definitely, there's no relationship between the commercial and residential, and the residential is starting to rebound, but the commercial is many trouble. liz: okay, so elon's wrong. >> of course he's wrong yet again, but he's cocky, and
tesla ceo elon musk if federal reserve governor michelle bowman are taking opposite stances. this morning in boston bowman said that the residential real estate market appears to be rebounding now which could impact federal reserve's inflation battle. while lower rents will eventually be reflected in inflation data, she says home prices are already leveling out right now and starting to rise once again. but on monday tesla ceo elon musk said home values and residential real estate will follow...
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May 31, 2023
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the tesla chief executive is visiting china for the 1st time in 3 years. the government has ruled out the red carpet for him to phone you. so when china is always welcome business people from various countries, including mister musk, to visit china, to better understand the country and promote mutually beneficial cooperation. he's visited to commerce and information technology ministries and ultimate for administered sion gunk. the foreign ministry released a statement saying mosque had complimented to try these people for being diligent. it also stated must said the economies of the us and china were intertwined. china is tesla 2nd biggest market. it's shanghai factory produced $700000.00 vehicles last year. nearly half of the company's global output. but the brand faces increasing competition from chinese carmakers. last visit comes of the time when tensors are high between the aging. dividing administration is leading a push to di couples in china is technology making it increasingly difficult for multinational businesses. but while some us manufacturer
the tesla chief executive is visiting china for the 1st time in 3 years. the government has ruled out the red carpet for him to phone you. so when china is always welcome business people from various countries, including mister musk, to visit china, to better understand the country and promote mutually beneficial cooperation. he's visited to commerce and information technology ministries and ultimate for administered sion gunk. the foreign ministry released a statement saying mosque had...
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May 31, 2023
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the chp confirms there were two vehicles involved, a subaru headed northbound and a tesla headed southbound. chp says one of the vehicles crossed over double yellow lines and crashed head on with the other vehicle, leaving the subaru partially submerged in a la goon. one lane remained open last night while investigators were on scene. the exact cause is still being investigated at this time. the woman in her 60s had major injuries. we do not have an update on her condition this morning, but it is believed her husband is one of the two men who died on the scene. the chp confirms roads around the crash site have been reopened and all lanes are clear. in redwood city, ginger continue harrow saab. >>> frustrations are boiling over in oakland's rock ridge neighborhood with neighbors demanding more to be done to boost safety there. it follows a recent string of crimes including one last sunday caught on security video where a 63-year-old woman was attacked outside market hall. police say the attackers were part of a group of nine minors recently busted in a string of robberies. but that's not eas
the chp confirms there were two vehicles involved, a subaru headed northbound and a tesla headed southbound. chp says one of the vehicles crossed over double yellow lines and crashed head on with the other vehicle, leaving the subaru partially submerged in a la goon. one lane remained open last night while investigators were on scene. the exact cause is still being investigated at this time. the woman in her 60s had major injuries. we do not have an update on her condition this morning, but it...
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May 31, 2023
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line with the fourth quarter average monthly payment for a used vehicle, $650 as you look at gm, ford, tesla, all the auto makers, keep in mind they have fairly tight inventories. their inventories are growing up to 37-day supply people are saying if i'm going to buy and take out a loan, i'm not crazy about taking 8% over seven years. >> phil, what's going on with advanced auto? competitive weakness or something more broad about the auto industry this is telling us. >> reporter: i don't think it's broader about the whole industry almost every analyst note says the same thing there are some certainly advanced auto par issues whether it's management, execution or a poor game plan, that's the bottom line. you have a company that fell well short of earnings expectations they cut their dividend by 83%. >> phil, thank you. >>> a quick clarification, the ftc suit with amazon's ring division, they settled the lawsuit and will pay over $6 lln t agency. the settlement is the newest part we'll be right back after this , you can use software to help you connect and analyze data— from hvacs to elevator
line with the fourth quarter average monthly payment for a used vehicle, $650 as you look at gm, ford, tesla, all the auto makers, keep in mind they have fairly tight inventories. their inventories are growing up to 37-day supply people are saying if i'm going to buy and take out a loan, i'm not crazy about taking 8% over seven years. >> phil, what's going on with advanced auto? competitive weakness or something more broad about the auto industry this is telling us. >> reporter: i...
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May 31, 2023
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like we can all imagine the scene in the movie where the tesla 50 tesla engineers show up at the twitter offices and start making everybody print out their code. everybody lines up at the printer and like, get his chiefs of code and then working in the offices. and then later they have to shredded all that because they're like, oh, i guess i do work so well. but yeah, it was really funny. there was this musk, i guess had the idea that, you know, he wants to keep the people who are like the hardcore coders who are really, you know, churning out the code and not, you know, he's he's this meme where there's like the one construction worker digging in the hole and like the ten standing around. he thinks that's what things are like. and tech companies like twitter. and so he wants to get rid of the ten people standing around and just keep the one who's in, you know, in hole digging. and so looking at how much code they written that was in the twitter code. bits was his proxy. i think most people who in software development would probably tell you that's a terrible proxy. i mean, just, you kno
like we can all imagine the scene in the movie where the tesla 50 tesla engineers show up at the twitter offices and start making everybody print out their code. everybody lines up at the printer and like, get his chiefs of code and then working in the offices. and then later they have to shredded all that because they're like, oh, i guess i do work so well. but yeah, it was really funny. there was this musk, i guess had the idea that, you know, he wants to keep the people who are like the...
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May 31, 2023
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tesla and they hope that tesla, we'll give them some answers. >> i think so because it's a test pretty much now practice. i went away looked to see driven by human being and the vehicle to have some out a future. that's what we're going to be looking into to see if the driver was in control the vehicle, or was it an out of 5? >> the 2 cars involved a tesla and a subaru that subaru was carrying 2 people, a man and a woman in their 60's. the man died. the woman still alive at stanford medical center's the tesla was driven. we don't know if it was driven or auto pilot, but the person behind the wheel at the time was in his 30's. they are bay area residents at this particular time is going to take some time before they find exactly what happened. names have not been released to the public just yet. >> back to you. all right. thank you. will. >> 10? 0, 3 is the time. and let's go to the south bay now where new numbers show fewer people are living on the streets of santa clara county. so new 2023 data shows that 1.2% drop has been seen in overall homelessness in santa clara county and a 4.7%
tesla and they hope that tesla, we'll give them some answers. >> i think so because it's a test pretty much now practice. i went away looked to see driven by human being and the vehicle to have some out a future. that's what we're going to be looking into to see if the driver was in control the vehicle, or was it an out of 5? >> the 2 cars involved a tesla and a subaru that subaru was carrying 2 people, a man and a woman in their 60's. the man died. the woman still alive at stanford...
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he says, tesla is a strategic importance for china. many of know that america and others are attempting to, if not the couple to the risk, have less commercial relations with china. of the sector is an important sector for the future of economic growth in china around the world. tesla is seen by china as a really useful bridge, continuing to connect america and china in the most advanced sectors against the wishes to some extent of the american government to donna. now, way hundreds of people are reported to be trapped in a gold mine. several have come out, but they've been arrested for allegedly working on the ground illegally. the country southern ashanti region is known for its mining industry. families of those house by police have called the arrest cool country lopez holiday on has more helpless and anxious. 2 these families say their relatives have been trapped in an underground mind for days without food or water. dozens of workers managed to get out, but were arrested. they were accused of operating illegally and gone, his gold
he says, tesla is a strategic importance for china. many of know that america and others are attempting to, if not the couple to the risk, have less commercial relations with china. of the sector is an important sector for the future of economic growth in china around the world. tesla is seen by china as a really useful bridge, continuing to connect america and china in the most advanced sectors against the wishes to some extent of the american government to donna. now, way hundreds of people...
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he says, tesla is a strategic important for china. many of know that america and others are attempting to, if not the couple to the risk, have less commercial relations with china. of the sector is an important sector for the future of economic growth in china around the world. tesla is seen by china as a really useful bridge, continuing to connect america and china in the most advanced sectors against the wishes to some extent of the american governments still ahead on al jazeera 18 years after they were evicted. he's really set those returned to settlements in the occupied westbank. the families of mine is underground in gonna say they have entities are reluctant to come out because they see a being around the room to you by visit capital had low. they would stop by looking at the satellite image of a south asia. and as you can see, we've got some dens cloud evicting northern areas of india and pakistan. this is where we're seeing and we'll see is fund the storms as in heavy rain to come for the north west india as well as moving to
he says, tesla is a strategic important for china. many of know that america and others are attempting to, if not the couple to the risk, have less commercial relations with china. of the sector is an important sector for the future of economic growth in china around the world. tesla is seen by china as a really useful bridge, continuing to connect america and china in the most advanced sectors against the wishes to some extent of the american governments still ahead on al jazeera 18 years...
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tesla down 2%, elon musk over in china. elon musk was photographed having dinner at a restaurant in china. he eats at restrooms like the rest of us. not sure that has much weight on the stop. action in the two spaces interesting. intel is making significant gains, now up 4%. have been higher earlier. it will be coming up in the upper half of its previously guided projection which is giving investors confidence. nvidia is down 3.7 percent. we are coming off of record closes tuesday evening and 24 hours after nvidia touched a $1 trillion market cap for the first time. caroline: we have to think about profit-taking more broadly because a lot of the rally we have seen this year has been touched -- has been from very few names. partner and portfolio manager over at advisors capital management, welcome to the show. i read your notes with real interest. we were still trying to buddy through the macro. talk to us how about how important a certain few names of tech stocks have been to the rally so far this year. >> we get a lot of i
tesla down 2%, elon musk over in china. elon musk was photographed having dinner at a restaurant in china. he eats at restrooms like the rest of us. not sure that has much weight on the stop. action in the two spaces interesting. intel is making significant gains, now up 4%. have been higher earlier. it will be coming up in the upper half of its previously guided projection which is giving investors confidence. nvidia is down 3.7 percent. we are coming off of record closes tuesday evening and...
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over its de investigation was opened after the administration received a complaint from a tesla owner. that games could be played by the driver while the vehicles are moving tesla display the passenger play feature in 2021 shortly after or the disable that feature in 2021 shortly after the government opened an investigation, the agency says closing the investigation does not prevent it from taking further action. if warranted. twitter is now worth just a third of what elon musk paid for it. that's according to fidelity investments. musk has already said he overpaid for the social media platform, he says it's worth less than half of the $44 billion he paid for it. the company has also struggled financially since it took over. fidelity says the latest loss evaluation wipes out $850 million from us is 189 billion, or $87 billion fortune, but his wealth is up $48 billion so far this year because of the increased value of tesla. special treat for foodies everywhere. he's renowned for his culinary expertise and entertaining personality on the popular cooking show. yan can cook and has a dec
over its de investigation was opened after the administration received a complaint from a tesla owner. that games could be played by the driver while the vehicles are moving tesla display the passenger play feature in 2021 shortly after or the disable that feature in 2021 shortly after the government opened an investigation, the agency says closing the investigation does not prevent it from taking further action. if warranted. twitter is now worth just a third of what elon musk paid for it....
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james tesla model y is the number one selling car in the world right now. and it's the first time for tesla percent for all a trick also percent for all a trick also where monday we get the world worldwide developers conference out of apple where we're going to see that mixed reality headset. there's been a lot of leaks on it. it could have an ak screen on the 2 lenses and i think that could be really an industrial too cool for the first year before it becomes we hear something that you and i might potentially years from entertainment and we don't know what the form factor is. the right we do know bulkier fit slim yet as any of that leaked. >> yes, some of it has lee. tom and it looks like it could have a battery pack so much like the brick charges that she is to have something like that. so it's not going to be something you could dance around. house went in. >> but with that said, this is this is a big risk for apple and apple shares are rallying today. so am i so far we haven't really been impressed with augmented reality virtual reality. as far as penet
james tesla model y is the number one selling car in the world right now. and it's the first time for tesla percent for all a trick also percent for all a trick also where monday we get the world worldwide developers conference out of apple where we're going to see that mixed reality headset. there's been a lot of leaks on it. it could have an ak screen on the 2 lenses and i think that could be really an industrial too cool for the first year before it becomes we hear something that you and i...
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a good price but not a great price and overall consumer discretionary unless you're a home builder, tesla or amazon >> dollar general hit a new 52-week low. >> it has broken momentum. it's on the back of target bjs is down 20%. you're not seeing the evidence that's the case. >> the point about china, that's a pillar to the retail story if you think high-end consumption that was supposed to rebound but that's not happening. you think about yoous unemployment rate is 2% and the story is so different there than in the united states we have stimulus, stock market gains. that's the opposite of what's happened in china. high unemployment rate, so where is this consumption boost going to come from the other thing i was going to say with retail you look at the performance of xrt, that's gone nowhere. a consumer services etf has gone somewhere, it's outperforming and that tells you what they're prioritizing it's not luxury. it's services. >> estee lauder, let's pull up a chart of that. that stock is down 6%. if you look at the china story you look at sort of higher end retail, that stock hasn't do
a good price but not a great price and overall consumer discretionary unless you're a home builder, tesla or amazon >> dollar general hit a new 52-week low. >> it has broken momentum. it's on the back of target bjs is down 20%. you're not seeing the evidence that's the case. >> the point about china, that's a pillar to the retail story if you think high-end consumption that was supposed to rebound but that's not happening. you think about yoous unemployment rate is 2% and the...
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a huge production market is also huge sales market. roughly one 3rd of teslas sales are to china for china. tesla is very important because again, as many of know that america and others are attempting to, if not the couple take the risk to have less commercial relations with china by the sector is an important sector for the future of economic growth in china around the world tesla is seen by china as a really useful bridge continuing to connect america and china in the most advanced sectors against the wishes to some extent of the american government. yeah, i'll ask you about the us government in a moment, but, but do you think test like an increase output in china as well, that will depend on regulatory approval from china, but i'm sure they'll grant that because so far they've view tesla as an excellent corporate citizen has been in shanghai for just about 5 years. it's producing one half of all of the test was cars below believe not only that, although there is competition domestically in china from chinese carmakers, shanghai has become an important beach, had for test left for
a huge production market is also huge sales market. roughly one 3rd of teslas sales are to china for china. tesla is very important because again, as many of know that america and others are attempting to, if not the couple take the risk to have less commercial relations with china by the sector is an important sector for the future of economic growth in china around the world tesla is seen by china as a really useful bridge continuing to connect america and china in the most advanced sectors...
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to tour the tesla shanghai factory later today. global news powered by more than 2700 journalists and analysts in over 120 countries, this is bloomberg. ♪ all about china. alix: let's stay with that. jpmorgan chase ceo and chairman jamie dimon sitting down at the base global summit today in china and they talked about the future of the fed. >> the financial system in america in the economy of america is the most prosperous and largest economy with the most innovative and the most growing and the rest of the world relies on it. i think we shouldn't create any instability there. one day i hope we get rid of the whole debt ceiling thing but i understand it's a democracy and people of different opinions about which we should be doing and it's one tool for one party to get the other party to the table. i'm quite optimistic there and i do applaud the fact that they sat down and spoke got something done. >> what is your read on inflation whether the fed will go beyond the pause and hike again? >> my simple view is that there's been a bi
to tour the tesla shanghai factory later today. global news powered by more than 2700 journalists and analysts in over 120 countries, this is bloomberg. ♪ all about china. alix: let's stay with that. jpmorgan chase ceo and chairman jamie dimon sitting down at the base global summit today in china and they talked about the future of the fed. >> the financial system in america in the economy of america is the most prosperous and largest economy with the most innovative and the most...
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lauren: and if that's tesla it's at 196 now, okay, ashley, thank you. ashley: a long way to go. lauren: yeah. the lead singer of the band para more has a nasty message for ron desantis supporters. chelsea mitchell used to be the fastest girl in her state but she continually lost track races to biological boys and now suing connecticut for forcing her to run against trans athlete s in high school. she joins me next. my relationship with my credit cards wasn't good. i got into debt in college, and no matter how much i paid, it followed me everywhere. the high interest... i felt trapped. debt! debt! debt! debt! so i broke up with my credit card debt and consolidated it into a low rate personal loan from sofi. i finally feel like a grown-up. break up with bad credit card debt. get a personal loan with low fixed rates and borrow up to $100k. go to sofi.com to view your rate. sofi get your money right. starting a new chapter can be the most thrilling thing in the world. there's an abundance of reasons to get started. how far we take an idea is a question of willpower. because progress
lauren: and if that's tesla it's at 196 now, okay, ashley, thank you. ashley: a long way to go. lauren: yeah. the lead singer of the band para more has a nasty message for ron desantis supporters. chelsea mitchell used to be the fastest girl in her state but she continually lost track races to biological boys and now suing connecticut for forcing her to run against trans athlete s in high school. she joins me next. my relationship with my credit cards wasn't good. i got into debt in college,...
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like a tesla has no tail pipe. maybe the martians are use ing evs. >> maybe, maybe. you think they might be a little more advanced than us because they made it here, we didn't make it there. >> range anxiety. you're right. they wouldn't be able to get this far because of the range issues. >> i will say the skepticism, i don't know if it's conservatism, that these are scientists saying science can explain this stuff, but you can't explain it based on a shaking iphone video that somebody took while camping. you need scientific -- this is why big foot is still missing. >> i'm jumping into this. what do you mean ween can't solve all the questions of the universe on my iphone? >> personally, what they are going to find out, heard this somewhere, they are going to find out that big foot is actually a blurry creature. they are very grainy. >> you're perfection. >> thank you for explaining it all so well. >> it all makes total sense now. we are done. you're welcome, everybody. thank you so much for joining us. this is "cnn news central." "inside politics" is up next. you nee
like a tesla has no tail pipe. maybe the martians are use ing evs. >> maybe, maybe. you think they might be a little more advanced than us because they made it here, we didn't make it there. >> range anxiety. you're right. they wouldn't be able to get this far because of the range issues. >> i will say the skepticism, i don't know if it's conservatism, that these are scientists saying science can explain this stuff, but you can't explain it based on a shaking iphone video that...
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the statement comes just 2 months after a i a tech leaders, including tesla owner elon musk and apple co-founder steve wozniak supported a petition calling for a pause on ai research. that was open to the public. >> a popular screen recording app for android devices was reportedly spying on users without their consent. >> the eye recorder app. had no malware until an update was pushed out last august. this is according to a cybersecurity firm that's called the set. and that update allowed 3rd parties to make secret audio recordings transfer images, videos and other files off of devices. i recorder has now been pulled from the google play store. anybody who has if you still have this on your device, you are asked to an install it and clear the apps files. wow, that's crazy. >> all right. well, make or break for the consequential debt limit deal in washington. yeah, they're supposed to be a vote on it, but it's still facing some fierce opposition. let's go to washington, d.c., and find out more from hannah brandt. >> right now, president biden and speaker mccarthy are scrambling to find
the statement comes just 2 months after a i a tech leaders, including tesla owner elon musk and apple co-founder steve wozniak supported a petition calling for a pause on ai research. that was open to the public. >> a popular screen recording app for android devices was reportedly spying on users without their consent. >> the eye recorder app. had no malware until an update was pushed out last august. this is according to a cybersecurity firm that's called the set. and that update...
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it also stated must said the economies of the us and china were intertwined. china is tesla, 2nd biggest market. it's shanghai factory, produce $700000.00 vehicles last year. nearly half of the company's global output, but the brand faces increasing competition from chinese carmakers. last visit comes at a time when pensions are high between the aging. the blood in administration is leading a push to di couples in china is technology making it increasingly difficult for multinational businesses but was from us manufacturers a moving production outside of china. tesla is seeking to expand here with plans for a 2nd plot. despite all of this suspicion, these are the economic and technological connections with china in birmingham. it is more valuable that it's at a vein ad. i think if you are a policy maker or political leader in western europe. and even if you're a business in the united states, you recognize that china remains an indispensable market. you law must usually active twitter page has no mention so far as this visit to china. chinese internet users haven't been so quiet. let us
it also stated must said the economies of the us and china were intertwined. china is tesla, 2nd biggest market. it's shanghai factory, produce $700000.00 vehicles last year. nearly half of the company's global output, but the brand faces increasing competition from chinese carmakers. last visit comes at a time when pensions are high between the aging. the blood in administration is leading a push to di couples in china is technology making it increasingly difficult for multinational businesses...
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tesla ceo elon musk is traveling to shanghai from beijing after meeting with china's foreign minister according to the chinese defense ministry musk reportedly said he oppose decoupling describing the countries as inseparable like conjoined twins. tesla did not respond to our request for comment but the meetings with chinese officials come as china rebuffs an invitation from the us government to meet with lloyd austin and questions about whether the business dealings hurt american efforts to gain control over supply chains for semi conductor chips batteries or offer leverage. >> of these businesses will continue to move to india like apple decided to do. >> reporter: elon musk has been uncharacteristically quiet on twitter, that is his social media platform while he has been in china. that's because twitter is mostly banned in china. unlike tiktok in the united states. something to think about. lauren: you have to have a measured approach. the business community saying different things. >> reporter: interesting to see that elon musk will abide by china's protocols for banning his own
tesla ceo elon musk is traveling to shanghai from beijing after meeting with china's foreign minister according to the chinese defense ministry musk reportedly said he oppose decoupling describing the countries as inseparable like conjoined twins. tesla did not respond to our request for comment but the meetings with chinese officials come as china rebuffs an invitation from the us government to meet with lloyd austin and questions about whether the business dealings hurt american efforts to...
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the chp says a subaru scv going northbound slammed into a tesla traveling south bong. investigators don't know why one of the cars crossed over the double yellow line and crashed head on with the other. both vehicles went down an embankment ended up partially submerged in the lagoon. one man in each of the vehicles died at the scene. the lone survivor is a woman in her sixties who is married to one of the victims. she was airlifted to stanford medical center with major injuries. they said jose city council is set to decide next month on whether to leased land to the various a neighborhood or in the berryessa neighborhood for parking sites for people who live in rvs, according to the bay area news group, the 6.3 acre site on various a road would provide parking for 85 vehicles. it's located about a mile from the various a station. the area of news group says if approved, the city would pay $18.9 million for a 10 year lease. city officials say the goal would be to connect the people staying at the site with permanent housing. there is currently no estimated opening date,
the chp says a subaru scv going northbound slammed into a tesla traveling south bong. investigators don't know why one of the cars crossed over the double yellow line and crashed head on with the other. both vehicles went down an embankment ended up partially submerged in the lagoon. one man in each of the vehicles died at the scene. the lone survivor is a woman in her sixties who is married to one of the victims. she was airlifted to stanford medical center with major injuries. they said jose...
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tesla is losing market share in china. a used to account for 50% of the world biggest car market, that's down roughly 10% but still selling and outselling all the other local competitors, electric car makers combined so neo's, expos and auto. lauren: tesla is still a catchy brand in china, right? >> has imagine, they sell all electric car brands combined so they do very well but if you look at is as a whole, 10% market share which is now 15%. lauren: meta, their shareholder day today, what you expect? >> i would say content will be a big issue, not just political bias in the u.s. but also activists, investors with proposals of complaining critical bias elsewhere in the world namely in india. also a great opportunity for ceo mark zuckerberg to talk about the growth of the business after cutting 21000 jobs saving a lot of cash but the stock most doubled so far this year, one of the best performers so far. he has voting rights meaning absolute control of the company, 60% of the vote so can never be fired. he can pretty much d
tesla is losing market share in china. a used to account for 50% of the world biggest car market, that's down roughly 10% but still selling and outselling all the other local competitors, electric car makers combined so neo's, expos and auto. lauren: tesla is still a catchy brand in china, right? >> has imagine, they sell all electric car brands combined so they do very well but if you look at is as a whole, 10% market share which is now 15%. lauren: meta, their shareholder day today,...
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tesla did not immediately respond for comment. the meetings with officials come as china rebuffs an invitation by the u.s. government to meet with defense secretary lloyd austin and raises questions whether the business dealings hurt american efforts to gain control over supply chains for semi conductor chips and batteries or could offer leverage. musk has been uncharacteristically quiet on twitter while in china perhaps because twitter is mostly blocked in the communist nation. dana, back to you. >> dana: thanks for that update. appreciate it. >> bill: got to remember that, right? meanwhile beach goers beware. piles of seaweed on florida's coast may contain a flesh-eating bacteria. not good as summer season kicks off. dr. marc siegel is here on that. good morning and nice to see you. we can show a map of where it is in the state of florida. it is called sargasm on the gulf coast? >> correct. that's what it is. it is drifting ashore. a stinky stuff with macroalgae in it. one of the concerns now, bill, is it's been contaminated wit
tesla did not immediately respond for comment. the meetings with officials come as china rebuffs an invitation by the u.s. government to meet with defense secretary lloyd austin and raises questions whether the business dealings hurt american efforts to gain control over supply chains for semi conductor chips and batteries or could offer leverage. musk has been uncharacteristically quiet on twitter while in china perhaps because twitter is mostly blocked in the communist nation. dana, back to...
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they're flooded with teslas. they're $55 a day. that's pretty darn good. what's not to like david? >> i don't know, jim i don't have a lot to share there on -- i haven't rented a tesla from hertz >> i well, i thought the headline there was just great. that's the one left behind without a cause. no doubt sal mineo. james dean >> we're going there again we just had a look to find out beau geste was a 1939 movie with gary cooper. >> i'm trying to make it irrelevant >> james dean at least was the '50% >> but avis, left behind without a cause. >> i know, "rebel without a cause. >> your point is that it's lagged behind its peers. >> hertz, by the way, is run by an ex-goldman alum who's doing a great job. no one cares >> the cfo, yep, goldman and a long-time bangker there too. >> it's a travel name that's not working. you want to get in on the travel stocks those two were attractive. lot of cash flow hertz is doing a lot trading cars now they're trading cars like, you know -- >> what you have wanted to be in on is the a.i. boom. that's really been the key to the market over the last few m
they're flooded with teslas. they're $55 a day. that's pretty darn good. what's not to like david? >> i don't know, jim i don't have a lot to share there on -- i haven't rented a tesla from hertz >> i well, i thought the headline there was just great. that's the one left behind without a cause. no doubt sal mineo. james dean >> we're going there again we just had a look to find out beau geste was a 1939 movie with gary cooper. >> i'm trying to make it irrelevant >>...
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the chp confirms there were two vehicles involved, a subaru suv traveling northbound and a tesla headed southbound. chp says one of the vehicles crossed over double yellow lines and crash head-on with the other vehicle, leaving the subaru partially submerged in a lagoon. one lane remained open while investigators were on scene. the exact cause of it is still being investigated. the woman in her 60s has major injuries. we don't have an update on her condition this morning, but it is believed that her husband was one of the two men who died on the scene. the chp confirms the roads from the crash site are back open this morning. >> sad that someone died. thanks for the latest, ginger. >>> frustrations are boiling over in oakland in one neighborhood. we're talking about rockridge where neighbors are demanding more be done to boost safety. it follows a recent string of crimes, including last sunday, where a 63-year-old woman is attacked outside of market hall. police say those attackers are part of a group of nine minors recently busted in a string of robberies. that's not easing concerns fo
the chp confirms there were two vehicles involved, a subaru suv traveling northbound and a tesla headed southbound. chp says one of the vehicles crossed over double yellow lines and crash head-on with the other vehicle, leaving the subaru partially submerged in a lagoon. one lane remained open while investigators were on scene. the exact cause of it is still being investigated. the woman in her 60s has major injuries. we don't have an update on her condition this morning, but it is believed...
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did not respond to request for comment tesla jp visit smooths with chinese officials communist china rebuffed invitation to meet with defense secretary this week far from first or only visitors from business leaders take a look at this apple arely tim tookf ceo starbucks ceo among those visiting china apparently focused by business leaders to invest in china raises questions, about whether the visits undermine american efforts to gain control over supply chains for key merlz ed batters semiconductors jpmorgan summit later this week can be nearly 1500 people most foreign investors musk uncharacteristically quiet on platform twitter since in china perhaps because twitter is mostly clocked in communist nation ironic given that tiktok is wild available in the states. >> thanks very much lydia hu, adding interesting, that you've got business leaders, saying we can't decouple. >> we worship altar of capitalism they worship at altar of control a difference between the way we americans approach the world the way they chinese do a place where they can gro india another place a little more ame
did not respond to request for comment tesla jp visit smooths with chinese officials communist china rebuffed invitation to meet with defense secretary this week far from first or only visitors from business leaders take a look at this apple arely tim tookf ceo starbucks ceo among those visiting china apparently focused by business leaders to invest in china raises questions, about whether the visits undermine american efforts to gain control over supply chains for key merlz ed batters...
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as wealth is up $48 billion so far this year because of the increased value in tesla. stark warning coming from a list of top experts in artificial intelligence, they released a statement saying, quote mitigating the risk of extinction from a i should be a global priority alongside other societal scale risks such as pandemics and nuclear war. now sam altman, the ceo of chat gpt , was among the hundreds who signed the message suggesting that a i could have the capability in the future to wipe out humankind and one of the people who signed onto that warning is san jose state university engineering professor ahmed bonhoeffer. he said the technology had the potential to be smarter than humans who invented it. they are going to get to the point where which is the third level the super ai where they're going to see the human is really slowing in the whole process down and they're gonna start making their own rules. the professor says. at that point a i could start to view humans as an obstacle. he also says there should be collaboration between nations on controlling the ai
as wealth is up $48 billion so far this year because of the increased value in tesla. stark warning coming from a list of top experts in artificial intelligence, they released a statement saying, quote mitigating the risk of extinction from a i should be a global priority alongside other societal scale risks such as pandemics and nuclear war. now sam altman, the ceo of chat gpt , was among the hundreds who signed the message suggesting that a i could have the capability in the future to wipe...
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May 31, 2023
05/23
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how important the chinese market is for tesla . it's the 2nd biggest market for the company last year. the shanghai plots produce about 700000 vehicles. that's almost half the company's global and their shanghai factory is credited really to keeping tesla afloat during some very deem and difficult years at the beginning of the 10 demmet. and it must be said that this visit comes at a time when tesla is facing increasing competition from chinese comic is an awesome raise. questions about sizes expansion plans here in china. you mentioned us washington relations is, is a 0 sum game and how much of a concern is take those expansion into china for washington right now. there's certainly some raised eyebrows among american politicians. this visit is coming when they're rising tensions between they do and washington, especially in the technology sector. that bank side industries used to be leading this movement because recently from chinese supply chains, there's been a wrong to restrictions placed on chinese technology companies, includ
how important the chinese market is for tesla . it's the 2nd biggest market for the company last year. the shanghai plots produce about 700000 vehicles. that's almost half the company's global and their shanghai factory is credited really to keeping tesla afloat during some very deem and difficult years at the beginning of the 10 demmet. and it must be said that this visit comes at a time when tesla is facing increasing competition from chinese comic is an awesome raise. questions about sizes...
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May 31, 2023
05/23
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jonathan: it's not just nvidia, meta, amd, salesforce, tesla. just on tesla, i read a fantastic piece yesterday, it's all about fidelity, cutting the valuation of twitter but the last line of the story should have been the first line because the last line of the story was this -- despite twitters issues, elon musk wealth is up more than $48 billion this year. here we are throwing mud at elon musk because he paid $44 billion for something that's worth nowhere near but his wealth is up more than $50 billion. i get it but it's funny to me to see the last line of the story which should have been the first line. lisa: it probably underscores what people feel and why everyone is potentially going after him because he was -- if he was getting kicked in the head, people would say maybe that's enough. jonathan: he's doing ok. better than ok. your equity market in the s&p 500 is negative point 2%. on the nasdaq, we've been flying this year. yields come back down on the bond market. there is the move on the euro, back down to $1.06. tom: oil is 68 dollars
jonathan: it's not just nvidia, meta, amd, salesforce, tesla. just on tesla, i read a fantastic piece yesterday, it's all about fidelity, cutting the valuation of twitter but the last line of the story should have been the first line because the last line of the story was this -- despite twitters issues, elon musk wealth is up more than $48 billion this year. here we are throwing mud at elon musk because he paid $44 billion for something that's worth nowhere near but his wealth is up more than...
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May 31, 2023
05/23
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and tesla ceo elon musk is in china for the first time in over three years. the billionaire is expected to make a stop at the electricity r company in shanghai. brings the ax i don't mean 2 astronauts back home. to the international space station. spacex dragon capsule splashing down off the coast of florida late last night. nascar suspending driver chase elliott through next week's cup race in illinois. ruling he intentionally slammed denny hamlin into the wall during the coca-cola 600 in charlotte. this will be the seventh race he hit this season. he hit the right rear side of hamlin's car forcing him to collide head first into the wall. hamlin says it was an ability of reef tallation e points out the incident was almost identical to when bubba wallace got a run race suspension for hooking kyle larson in the right rear. and those are your headlines, guys. >> brian: thanks, ashley. >> ainsley: will it be investigated? >> steve: that could be it. >> ainsley: yeah, the race is over. thanks, ashley. coming up machete -- mustache. a mustache totally different fa
and tesla ceo elon musk is in china for the first time in over three years. the billionaire is expected to make a stop at the electricity r company in shanghai. brings the ax i don't mean 2 astronauts back home. to the international space station. spacex dragon capsule splashing down off the coast of florida late last night. nascar suspending driver chase elliott through next week's cup race in illinois. ruling he intentionally slammed denny hamlin into the wall during the coca-cola 600 in...
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May 31, 2023
05/23
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. >>> tesla's ceo elon musk is in china this week, his first trip in three years to meet with government officials and jamie dimon takes the stage at his bank's china's summit today. he's calling for real engagement between policymakers in washington and beijing, instead of just sitting across, in his words, sitting across the pacific and yelling at each other. for more on what officials want from each other, let's bring in jim mcgregor i don't know when the last time is that we saw you i think it was pre-balloon gate. we've got lots of concerns you know, the country, china, is obviously front and center in terms of trying to further its own interest, like we do too but whether buying farmland around our defense facilities, some of this is troubling. but i don't see how disengagement, they're going to do it either way we need to be over there, don't we at least in terms of, for example, tesla or apple or jpmorgan >> yeah. let's start out with elon musk i think this is his -- if you look at him coming to china now, it's kind of his, somebody likes me tour. he's not the most popular guy ar
. >>> tesla's ceo elon musk is in china this week, his first trip in three years to meet with government officials and jamie dimon takes the stage at his bank's china's summit today. he's calling for real engagement between policymakers in washington and beijing, instead of just sitting across, in his words, sitting across the pacific and yelling at each other. for more on what officials want from each other, let's bring in jim mcgregor i don't know when the last time is that we saw...
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May 31, 2023
05/23
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and it's difficult to overstate the importance of the chinese market for tesla. they have a large factory in shanghai and last year this factory produced 700000 vehicles. that cause was local out. now today and wednesday is the 2nd day of his visits. and you visited the homeless ministry as well as the ministry for information technology. and on tuesday it's really up to you arrived and aging. met with china is for administered team gong and also had to know with the head of a very prominent and large chinese battery company, c a t l. now not much as being said about this trip, it was a surprise for the public schools himself, uncharacteristically quite on social media about this. the only information we really had a full coming is from china score and ministry. and they released a statement saying that to you on last spoke to king gong and said that the chinese people were wise in diligence, that development and the treatments by china will well deserved. and that the 2 accompanies the us. and the chinese academy went into twice. now this visit comes as they are
and it's difficult to overstate the importance of the chinese market for tesla. they have a large factory in shanghai and last year this factory produced 700000 vehicles. that cause was local out. now today and wednesday is the 2nd day of his visits. and you visited the homeless ministry as well as the ministry for information technology. and on tuesday it's really up to you arrived and aging. met with china is for administered team gong and also had to know with the head of a very prominent...
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May 31, 2023
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at the same time tesla's elon musk continuing his first trip to china in three years with some high-level meeting. our eunice yoon has more. >> reporter: elon musk has already met with three government ministers, and there's an expectation he'll meet with the premier. today he visited with the commerce minister and i.t. minister last night he also dined with one of his key suppliers, the chinese ev battery supplier, catl the state media has been speculating that the two may have had discussions or could cooperate on a package in shanghai or in north america the social media, though, has been abuzz with the 16-course meal and the whole menu that the two had shared now, of course, he is not the only american ceo here this week jamie dimon with jpmorgan has been headlining an event for the bank in shanghai he had reiterated his commitment to china by saying, telling bloomberg that the bank is there in good times and bad. but what i thought was also interesting, frank, is that he used some language that is seen more favorable to the american government as opposed to the chinese government say
at the same time tesla's elon musk continuing his first trip to china in three years with some high-level meeting. our eunice yoon has more. >> reporter: elon musk has already met with three government ministers, and there's an expectation he'll meet with the premier. today he visited with the commerce minister and i.t. minister last night he also dined with one of his key suppliers, the chinese ev battery supplier, catl the state media has been speculating that the two may have had...