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Apr 23, 2024
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i want to bring in mike lee on tesla. mike, i'm waiting to hear about the robotaxi because if musk commits to it, that will be the transformation of tesla. what do you expect? if. >> stuart, i expect roses and sunshine when it comes to talking about the robotaxi. we'll really know more about that in august when they have their awe on the -- autonomous if day. tesla's been working on this for a long time, and when you look at the speed of change that's going on with artificial intelligence and generative a.i., it's something that's going to be here, i think, a lot sooner than people think. i think the overhang for tesla is wall street's numbers for driverly ares might be a little bit too high for the rest of this year and next year. i think that has a lot less to do with macro concerns and we sixer but the hype around electronic vehicles around the last few years was huge, and so i think that a pulled forward a lot of purchases that people would have waited on. and so demand is going to take a little while to recover, and
i want to bring in mike lee on tesla. mike, i'm waiting to hear about the robotaxi because if musk commits to it, that will be the transformation of tesla. what do you expect? if. >> stuart, i expect roses and sunshine when it comes to talking about the robotaxi. we'll really know more about that in august when they have their awe on the -- autonomous if day. tesla's been working on this for a long time, and when you look at the speed of change that's going on with artificial intelligence...
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Apr 29, 2024
04/24
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it's tesla and apple. this is a big deal separately as we see tesla stock down 30 plus% go up 10% on this news, the tesla board says and stands behind elon musk 50 plus billion dollar pay package count as another vote of confidence for elon musk in the supreme court has declined to hear elon musk bid to narrow his security fraud settlement with the sec, that is the elon musk in tesla news. ashley: interesting there's always plenty every day that's been to paramount reporting "after the bell" today, what is this about the board firing ceo bob package, bob blockage did not favor paramount's merger with sky dance there in exclusive talks through friday. he is reportedly out and he won't be on the call today, the earnings call. the wall street journal is reporting he's going to be replaced with the committee of executives to run the company instead, paramount home to see cbs, nickelodeon and also paramount streaming, not profitable yet but all the legacy business have seen their value cut in 3 cents 2019 and o
it's tesla and apple. this is a big deal separately as we see tesla stock down 30 plus% go up 10% on this news, the tesla board says and stands behind elon musk 50 plus billion dollar pay package count as another vote of confidence for elon musk in the supreme court has declined to hear elon musk bid to narrow his security fraud settlement with the sec, that is the elon musk in tesla news. ashley: interesting there's always plenty every day that's been to paramount reporting "after the...
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quick look at a tesla, please. the stock this morning, the market is open and the stock is down is 111 cents, $-- 11 cents. steve wesley is a former tesla board member. steve, or why do you think that tesla's stock is going up from here? make your case, please. >> well, look, i think the world is bullish about evs. there's no doubt about it, tesla had a dismal if quarter, but with we all know why. deliveries dropped from 484,000 q1 last year to 386,000 this year, first time in four years tesla's numbers have dropped. they've got serious work to do. but here's why: china shut down their, they shut down their shanghai plant for two weeks. europe had supply chain issues getting things through the suez canal if because of the middle east conflict. germany, there was arson. these are one-off a events. and fremont, one of the largest facilities, did a plant shutdown to upgrade the mold 3. that's unlikely to be repeated next quarter and later in the if year. the cyber or truck's been a flop, and the $25,000 car is late. l
quick look at a tesla, please. the stock this morning, the market is open and the stock is down is 111 cents, $-- 11 cents. steve wesley is a former tesla board member. steve, or why do you think that tesla's stock is going up from here? make your case, please. >> well, look, i think the world is bullish about evs. there's no doubt about it, tesla had a dismal if quarter, but with we all know why. deliveries dropped from 484,000 q1 last year to 386,000 this year, first time in four years...
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Apr 24, 2024
04/24
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stuart: tesla's stock zooms. elon musk gave the outlook, and that's what investors were waiting for. he pointed the way for tesla to speed up the production of lower priced cars. that, he thinks, will bring in far more ev buyers. he's also all in on robotaxis. investors seemed to like the idea of kind of transforming the company. the stock is up 11%. that is huge. overall, stocks adding to some of the gains there from tuesday. the dow, though, down 65, s&p up 3. the nasdaq doing well thanks to tesla, that's up 86 points. interest rates pretty much in check. the 10-year treasury is just above, well, no, it's moving higher now, 4.65%. maybe that that's why some stocks are coming down just a little from their highs. the 2-year, it was well below 5%, it still is, 4.95% there. little movement on bitcoin. what happened to the halving event? bitcoin's been stuck around $66,000 for days. no are recovery for gold. it had hit well above $2400 last week with, now it's $2335 and and now $-- down $6. oil $83.20 right now. gas
stuart: tesla's stock zooms. elon musk gave the outlook, and that's what investors were waiting for. he pointed the way for tesla to speed up the production of lower priced cars. that, he thinks, will bring in far more ev buyers. he's also all in on robotaxis. investors seemed to like the idea of kind of transforming the company. the stock is up 11%. that is huge. overall, stocks adding to some of the gains there from tuesday. the dow, though, down 65, s&p up 3. the nasdaq doing well thanks...
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you're bearish on tesla. how far down do you think -- 164 now, how far down do you think they're going to go? >> i think it has to hold 158, stuart. if not, i'm not sure how low it can go. we have a bearish position on tesla. i've been negative on tesla for for some time. the first mover advantage is long gone, and as far as the rest of the market catch up, that's easy the say. but when you've got a chinese company selling ev iss at less than $10,000 globally, that's impacting tesla. they cut prices three times last year because they weren't selling. rental car companies are pushing back on their tesla sales, they're canceling them. the second dare market for teslas, you know just collapsing. plus elon miss elon musk who's distracted whether with x or now getting involved in the disney fight, it's hard when your ceo is not on the ball with. as far as tesla goes, i think they're probably heading lower. stuart: you recently bought some big tech names. do you want to tell us who you bought? >> we added to our mi
you're bearish on tesla. how far down do you think -- 164 now, how far down do you think they're going to go? >> i think it has to hold 158, stuart. if not, i'm not sure how low it can go. we have a bearish position on tesla. i've been negative on tesla for for some time. the first mover advantage is long gone, and as far as the rest of the market catch up, that's easy the say. but when you've got a chinese company selling ev iss at less than $10,000 globally, that's impacting tesla. they...
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Apr 22, 2024
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position. >> unfortunately for tesla i think the trouble has just begun. as you said the stock is in freefall nothing has gone right for elon musk at tesla the bloom is off the rose for ev's, young china that is able to produce evey's very inexpensively, they have access to the batteries in the components that are needed in ev, and 60% of all electric vehicles are being purchased in china, elon musk cannot compete unless he beats the chinese market, right now he is protected in the u.s., big tariffs, 25% tariffs so the chinese cannot compete here but he can compete there and that is crushing them. >> the stock is $140 a share it's lost 70 billion in market cap, do you think the stock is going lower. >> i think it is the entrance $100 a share and i may buy it but it's going to go lower. >> this week big tech earning several major-league tech companies will announce the earnings, they have got to show the a.i. is helping their bottom line. if they cannot show that they could be disappointed. >> the three companies that are coming out, we have data, we have a
position. >> unfortunately for tesla i think the trouble has just begun. as you said the stock is in freefall nothing has gone right for elon musk at tesla the bloom is off the rose for ev's, young china that is able to produce evey's very inexpensively, they have access to the batteries in the components that are needed in ev, and 60% of all electric vehicles are being purchased in china, elon musk cannot compete unless he beats the chinese market, right now he is protected in the u.s.,...
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i own tesla, and i own a tesla, but down here in the mid 160s, there's a lot of upside if elon musk can get this story corrected. he needs to move quickly. stuart: he does indeed. mike, thank you. now this, boston will house migmigrants in the vacant facily that used to house veterans. what's going on in boston with this? what's the reaction? >> well, there's some outrage, but when it. co-s to veteran's issue particularly, it's a place and no veterans are getting moved and it's a building slated for demolition and a parking lot is planned thereafter. so no veterans are getting moved in the situation, but points to the dire crisis the state has that it has to put migrants from overflowing shelters into an old dilapidated building. stuart: it's not a serious issue at this moment because they're veterans. got it. you have an op ed, "unhappy with trump, unhappy with biden". you spoke with nikki haley supporters. who are they voting for in november? >> nikki haley supporters are still making up their minds, and that's across all martys. i think when you're looking at a group of independents,
i own tesla, and i own a tesla, but down here in the mid 160s, there's a lot of upside if elon musk can get this story corrected. he needs to move quickly. stuart: he does indeed. mike, thank you. now this, boston will house migmigrants in the vacant facily that used to house veterans. what's going on in boston with this? what's the reaction? >> well, there's some outrage, but when it. co-s to veteran's issue particularly, it's a place and no veterans are getting moved and it's a building...
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Apr 24, 2024
04/24
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show me tesla please, we open the market, tesla stock, some green there, tesla stock is now up 15%, it added to the gains of "the opening bell". are you buying tesla? somebody is? >> good morning. our firm, we've got to is the of course and it was more of a minor share as things were having a hard start to the year but yeah, really excited here about the innovations that could happen, elana musk came through in the last minute with that call saying they were coming out with their $30,000 vehicle sooner than before but ultimately tesla has been this innovator for a long time and ultimately they can lead into the future which is what they have ultimately done. stuart: so you own it, you are keeping it, you' re not selling it, but it is getting a lot from here, next case, matter, they report after the closing bell this afternoon, what are you looking for? >> take a look at meta here, they had this year they were trimming the fat if you will and now getting some innovation, our hope to get a better deal in these chips because they've got massive expenses going out here over the next week.
show me tesla please, we open the market, tesla stock, some green there, tesla stock is now up 15%, it added to the gains of "the opening bell". are you buying tesla? somebody is? >> good morning. our firm, we've got to is the of course and it was more of a minor share as things were having a hard start to the year but yeah, really excited here about the innovations that could happen, elana musk came through in the last minute with that call saying they were coming out with...
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Apr 17, 2024
04/24
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stuart: show me tesla this morning, please. it's down 37% this year and right now trending at 155 per share. garrett nelson is with me, this is he is a tesla analyst. is he's a buying opportunity at $155 right now? >> yeah, tanks for having me. we think so concern thanks for having me. we really think the stock the's risk-reward profile is much for favorable at these levels. remember, tesla shares more than doubled last year. we argue the sock was overdue for a correction -- the stock was overdue for a correction. now you've got this pretty steep correction so far in 2024, and we argue that the various challenges that tesla faces are now very well understood by investors. they're had gross margin contraction, you have overall ev market oversaturation, you've had some production issues with the cyber truck and then the you have questions surrounding its next-gen ev model and when that might be rolled out. tease issues are well understood by investors, but no question they're the hit a speed bump recently. and takes are -- stakes
stuart: show me tesla this morning, please. it's down 37% this year and right now trending at 155 per share. garrett nelson is with me, this is he is a tesla analyst. is he's a buying opportunity at $155 right now? >> yeah, tanks for having me. we think so concern thanks for having me. we really think the stock the's risk-reward profile is much for favorable at these levels. remember, tesla shares more than doubled last year. we argue the sock was overdue for a correction -- the stock was...
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Apr 23, 2024
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tesla. we have just coming out us, more details on layoffs. 2688 workers have been terminated from the fauci in austin texas. it's a large number charles payne with me, tesla reports after the bell, a lot of talk they will go for broke taxi. if musk commits to the role of taxi in the future, he has to transform the complete all over again, doesn't he? >> he would have to to a degree but i don't think that's what wall street wants to hear about today. february 2023, medic experienced the worst stock decline in the history 90 individual stock want lost 300 billing and value. wall street wrote them off and said that it is done in the thing with meta versus dump. we saw maturation mark zuckerberg and called it efficiency. it was all about running a business like a business. that's what they want to hear from tesla today. maturation of elon musk as a business operator, not visi visionary. >> do think that's what they will here? is that your judgment? >> i think that's what he needs to do today. >
tesla. we have just coming out us, more details on layoffs. 2688 workers have been terminated from the fauci in austin texas. it's a large number charles payne with me, tesla reports after the bell, a lot of talk they will go for broke taxi. if musk commits to the role of taxi in the future, he has to transform the complete all over again, doesn't he? >> he would have to to a degree but i don't think that's what wall street wants to hear about today. february 2023, medic experienced the...
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stuart: show me tesla. talk hit its lowest point in four years after deliveries fell more than expected. ray wong joins me in technology stocks. total blame but this decline on red sea attacks and production issues, but ev demand in america slowed. will this decline continue with tesla? >> it's the demand problem, interest rates in the us and incentives that are declining, than expiring. that the important part. consumer demand for evs may be down overall, the demand for hybrids going up. the be whitey numbers are up for hybrid. tesla did reclaim the ev crown but declining sales. stuart: is this true universally that evs are not that popular and sales no longer going straight up. >> a price war going on in china, the rage anxiety worried about what to do with resale values, they are pretty much down. people are worried about those things and they are more expensive than a regular car. stuart: any chance the ev movement will reverse and say are not going down? >> could happen. states made mandates, the impor
stuart: show me tesla. talk hit its lowest point in four years after deliveries fell more than expected. ray wong joins me in technology stocks. total blame but this decline on red sea attacks and production issues, but ev demand in america slowed. will this decline continue with tesla? >> it's the demand problem, interest rates in the us and incentives that are declining, than expiring. that the important part. consumer demand for evs may be down overall, the demand for hybrids going up....
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so this car or vehicle will start a $45000 for the big news is when you come tomorrow for tesla today we first quarter delivery numbers/of the numbers were 41,203,000, the consensus is about 430,000 i think about 423 is a win for tesla and locum of the produced 6 million vehicles their existence and that was a milestone they announced a couple of days ago and a lot of people like tesla because they like elon musk and their sense of competition and 80s so well point to be pushed into electric vehicles which one would you go with. stuart: i am entering the key said will triple. >> last week over the condor price target down to 300 and, i mean, even that is so much further than where we are at now the chinese ev maker, neo, they announced the deliverers i think financial report from the deliverers in the first quarter. >> i think they think it will save about 30000 which is in line from the stock is because they also announced a big subsidies of you trade in your gas card intranet, for new neo ev and get a big deal. and other chinese ev maker so they also reported there first three numbe
so this car or vehicle will start a $45000 for the big news is when you come tomorrow for tesla today we first quarter delivery numbers/of the numbers were 41,203,000, the consensus is about 430,000 i think about 423 is a win for tesla and locum of the produced 6 million vehicles their existence and that was a milestone they announced a couple of days ago and a lot of people like tesla because they like elon musk and their sense of competition and 80s so well point to be pushed into electric...
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Apr 16, 2024
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stuart: should i pick up tesla on a bargain at 156? >> you should. lauren makes very good points but looking at the stock, you're looking at a year and two years on this name. there is a market for them and knock on tesla last year was all the competition and all the competition is falling by the wayside and i believe that elon musk will get this right and i think he's the right man to do it. when this turns as you saw with the row bo taxis and turns q uickly. stuart: mark cuban asked if he sends money to the government when he's in favor of billionaires paying their fair share. he said i pay what i owe. cannabis delivery service t hreatening to go on strike. we'll tell you why. and a record number of chinese migrants, chinese nationals have been arrested crossing the southern border. most of them go to san diego, california. kongman darryl issa is here to discuss that next. you're probably not easily persuaded to switch mobile providers for your business. but what if we told you it's possible that comcast business mobile can save you up to 75% a yea
stuart: should i pick up tesla on a bargain at 156? >> you should. lauren makes very good points but looking at the stock, you're looking at a year and two years on this name. there is a market for them and knock on tesla last year was all the competition and all the competition is falling by the wayside and i believe that elon musk will get this right and i think he's the right man to do it. when this turns as you saw with the row bo taxis and turns q uickly. stuart: mark cuban asked if...
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stuart: a big drop at tesla down 6% as we speak. they reported a sharp decline in sales in the first quarter. kelly o'grady joins us, take me to the numbers. >> reporter: this was a big in this on deliveries than expected. analysts were predicting for the 220050,000 range for deliveries. it came in at 387,000, lower than any estimate. it was 8.5% versus the same quarter last year, 20% drop against the last quarter. factory shutdowns and arson attacks on the uighur factory in berlin contributed but must warned in the earnings call at tesla would face no growth rates when building their vehicle but despite cutting prices, the company is facing week demand, one of the worst performing stocks in the s&p this year, down 33% year-to-date and their facing broader headwinds, lack of info structure, customer hesitancy regarding the range of price but the biggest challenge is china. the global plug in market, evs and hybrids, three of the top five are chinese carmakers, tesla had 13% record share, and it stayed relatively flat versus 2022 whe
stuart: a big drop at tesla down 6% as we speak. they reported a sharp decline in sales in the first quarter. kelly o'grady joins us, take me to the numbers. >> reporter: this was a big in this on deliveries than expected. analysts were predicting for the 220050,000 range for deliveries. it came in at 387,000, lower than any estimate. it was 8.5% versus the same quarter last year, 20% drop against the last quarter. factory shutdowns and arson attacks on the uighur factory in berlin...
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Apr 23, 2024
04/24
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the robo taxi is essentially nai product, it would make tesla nai company. it's typical of musk to go out on a technological them. is done it before and he came out a winner. will investors accept another musk driven crisis from amanda so much on his plate. musk is the most dynamically creative entrepreneur in several generations, there was steve jobs. today we will see how far down the ai road he wants to take his business, the stock price, investors will back him in one more adventure. second hour of varney just getting started. the gentleman in the cow jacket is back, scott sheldonaddy a resident of the show, must goes from crisis to crisis couple investors back him one more time on the robo taxi? >> if they are smart they will stick with him. the only way when i got this topic when i thought about for two seconds my initial reaction was would you rather be, know what you know about the future going forward, what you don't know about the future going forward would you rather be ford or elon musk at tesla. i think the innovations, the technology and overal
the robo taxi is essentially nai product, it would make tesla nai company. it's typical of musk to go out on a technological them. is done it before and he came out a winner. will investors accept another musk driven crisis from amanda so much on his plate. musk is the most dynamically creative entrepreneur in several generations, there was steve jobs. today we will see how far down the ai road he wants to take his business, the stock price, investors will back him in one more adventure. second...
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Apr 10, 2024
04/24
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you know, we'd better start with tesla. lauren: down it goes, down 2.6%. bank of america cutting their price target to $220 from $280. look, elon musk, the ceo, has long raised the alarm bells on high interest rates. he says high rates for car buyers, and the prospect of higher for longer really clouds the excitement that was coming into tesla a around their robo taxis and their autonomy, their full self-driving. again, tesla down 2.6%. stuart: $172, is the price. lauren: yeah. stuart: boeing. lauren: at one point, shares were at their lowest level since december of 2022, and it's reit about there now. look -- right about there now. poor delivery numbers for their jets, criminal and safety investigations. i find it shocking that you get two price target cuts today, both at steeple and morgan stanley, but they're cut, but steeple has cut to $260 which is almost $100 more than where boeing's at now, so go figure. stuart: yeah. can you show me nvidia? it was down sharply earlier, that's a u-turn. lauren: yep. stuart: how come? lauren: morgan stanley analysts
you know, we'd better start with tesla. lauren: down it goes, down 2.6%. bank of america cutting their price target to $220 from $280. look, elon musk, the ceo, has long raised the alarm bells on high interest rates. he says high rates for car buyers, and the prospect of higher for longer really clouds the excitement that was coming into tesla a around their robo taxis and their autonomy, their full self-driving. again, tesla down 2.6%. stuart: $172, is the price. lauren: yeah. stuart: boeing....
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Apr 24, 2024
04/24
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tesla is up 15 bucks, 10%. "coast to coast" starts now. >> coming up this hour, defund the universities, that is the message from lawmakers who want to cut federal funding to
tesla is up 15 bucks, 10%. "coast to coast" starts now. >> coming up this hour, defund the universities, that is the message from lawmakers who want to cut federal funding to
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tesla's still number one in pure evs. stuart: okay, but tesla, to some degree, is trailing byd. lauren: oh, yeah. stuart: to some degree. lauren: they've got a bigger market share and is a cheaper car. stuart: i want to go to pvh, they are the owner of calvin klein, tommy hill hilfiger and more. lauren: wow. they're going to fall as much as a 7% this year. two big problems. wunsch europe. two, wholesale business in the u.s. shoppers have cut back with, wholesalers are not placing orders as bill big as years past. stuart: canoo reported yesterday, down 30 this morning. okay, what went wrong there? lauren: so this is commercial if vehicles like an e-van that walmart has ordered. i mean, they really don't have sales. the numbers are just horrifying. revenue in the quarter was $367,000. that's it. three months, $367,000 in revenue. and they've been warning for eight straight quarters captain is dwindling. -- capital is dwindling. here we are. stuart: back in the day when the combustion engine was getting going in the early part of the 1900s, there were hundreds of car makers. eventu
tesla's still number one in pure evs. stuart: okay, but tesla, to some degree, is trailing byd. lauren: oh, yeah. stuart: to some degree. lauren: they've got a bigger market share and is a cheaper car. stuart: i want to go to pvh, they are the owner of calvin klein, tommy hill hilfiger and more. lauren: wow. they're going to fall as much as a 7% this year. two big problems. wunsch europe. two, wholesale business in the u.s. shoppers have cut back with, wholesalers are not placing orders as bill...
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Apr 25, 2024
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tesla will be okay. david: nobody does it better than tesla. lauren, okay. new rules to reduce pollution from the power plants. kelly, why is this being called one of the most significant climate actions yet? reporter: hi, david. this is because we're expecting almost all of the 200 coal plants in the nation to close by 2040. let's take a look at how our nation uses energy. 16% of the nation's energy comes from coal. these numbers are from 2023. then we know that natural gas is about 43%, renewable energy is about 21%, and nuclear energy is about 19%. the largest number of plants that use coal or produce coal power are in pennsylvania, texas, indiana, wisconsin, kentucky, west virginia, and iowa. and there are some 42,000 jobs associated with coal. lawmakers from these states are fighting back. senator shelly moore of west virginia says she's introducing a congressional review act resolution that will overturn the regulations saying in a statement "electricity demand is set to skyrocket thanks in part to epas own electric vehicles mandate and unfortunately a
tesla will be okay. david: nobody does it better than tesla. lauren, okay. new rules to reduce pollution from the power plants. kelly, why is this being called one of the most significant climate actions yet? reporter: hi, david. this is because we're expecting almost all of the 200 coal plants in the nation to close by 2040. let's take a look at how our nation uses energy. 16% of the nation's energy comes from coal. these numbers are from 2023. then we know that natural gas is about 43%,...
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Apr 26, 2024
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could this be another problem for the tesla? lauren: yeah, and you can see it right there because the two chinese ev makers are both up better than 7.5% while he's a rah is down. i follow morgan stanley's adam jonas, he says the past 4-6 months have shown a deceleration in ev adoption mainly because of increased competition. and now you have xpeng if coming out with the cheaper suv than the tesla model y are, for instance. ditto for initiation o, and that is hurt -- n if io, and that is hurting tesla. even though we heard just a few days ago from elon musk that they plan to have the cheaper model coming out -- david david hoe knows he needs a cheaper -- he knows he needs a cheaper tesla. lauren: but he has to do it e really fast. david: and really well. quality and speed if don't always go together. let's check the 10-year. interest rates are down a tick, down about 4 basis points, 4.66. it's still pretty high. checking gold now, and gold was up earlier, it still is. it's up $11.80 an ounce. bitcoin, if we can look to bitcoin, w
could this be another problem for the tesla? lauren: yeah, and you can see it right there because the two chinese ev makers are both up better than 7.5% while he's a rah is down. i follow morgan stanley's adam jonas, he says the past 4-6 months have shown a deceleration in ev adoption mainly because of increased competition. and now you have xpeng if coming out with the cheaper suv than the tesla model y are, for instance. ditto for initiation o, and that is hurt -- n if io, and that is hurting...
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it seems a long way off but reports say the model to which is a $25000 tesla ends the robo tax on the same exact platform. is there a way elon musk and deliver both, the model to the cheaper car and then the robo taxi. i'm speculating but that's what the insiders are saying you watch tesla and elon musk, kathy wood is a bull and she said the robo taxi will generate $100 billion in free cash flow in 2027 because this is services in the licensing. stuart: only three years she things robo taxes will generate $100 billion? >> yes, isn't that crazy. >> do you see yourself getting into a car without a steering will. >> no i don't. >> elon musk using the average family has two cars there spending thousands of month on everything can we get this concept of renting cars healing driverless cars. stuart: i admire his vision but i'm skeptical. >> 2017 awfully close. >> bitcoin had a great week and up 5% over the course of the entire weekend. now it's at 72100. i presume the crypto stocks hang on to us. stuart: quite basis higher, barclays increasing the price target is at 257, quite basis 179-214
it seems a long way off but reports say the model to which is a $25000 tesla ends the robo tax on the same exact platform. is there a way elon musk and deliver both, the model to the cheaper car and then the robo taxi. i'm speculating but that's what the insiders are saying you watch tesla and elon musk, kathy wood is a bull and she said the robo taxi will generate $100 billion in free cash flow in 2027 because this is services in the licensing. stuart: only three years she things robo taxes...
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Apr 17, 2024
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stuart: $15 aon tesla -- 155 on tesla. united airline, they're surging 11%. lauren: look atta. and taking the airlines with them. this is despite a $200 million hit because of the boeing safety crisis. united sees a strong spring and summer travel season. they lifted their forecast for this quarter, if this is happening as the boeing whistleblower will be on capitol hill today. the united ceo says the dreamliner, which the whistleblower says can fall apart midair, is safe. stuart: yeah. that's pretty dramatic testimony, fall a apart in midair. hal get your attention. united up 11%. interesting. thanks, lauren. >>> coming up, attorney general merrick garland says president biden has no mental impairment. that's not what special counsel robert hur said, and that's not what we see on a daily basis. bill hemmer has the story coming up shortly. >>> senator josh hawley ripped into energy secretary granholm for misleading congress on her stock ownership. watch this. >> you have violated the stock act nine separate times. you have been referred by the inspector general for violations o
stuart: $15 aon tesla -- 155 on tesla. united airline, they're surging 11%. lauren: look atta. and taking the airlines with them. this is despite a $200 million hit because of the boeing safety crisis. united sees a strong spring and summer travel season. they lifted their forecast for this quarter, if this is happening as the boeing whistleblower will be on capitol hill today. the united ceo says the dreamliner, which the whistleblower says can fall apart midair, is safe. stuart: yeah. that's...
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i want to know about tesla which is, well, big rally for the dow and the nasdaq, but tesla's down. lauren: down sharply. reuters is reporting they've canceled the so-called model 2, the low cost car. stock's down 5.25%. because of chinese competition. i mean, byd, their main and bigger competitor, is making a car that starts at a, like, $99 500. they can't compete on price. i guess they're not reportedly going the even try to. instead, reuters is reporting they're focusing on self-driving taxis. stuart: really in that's a big deal. down3 5.5% dub 5.5%. western digital. lauren: one of many chipmakers that are higher today. you got that really strong forecast for a.i. chips coming from samsung. but separately, rosenblatt upgraded to buy. they're giving western digital a $115 price target. that's a street high. they were at 65. so they went from 65 to 115. their saying this company has huge market share in memory chips for hard drives and other products. stuart: okay, got that one. let's get back to -- going to switch gears again. the mayor of chicago, brandon johnson, he thinks the m
i want to know about tesla which is, well, big rally for the dow and the nasdaq, but tesla's down. lauren: down sharply. reuters is reporting they've canceled the so-called model 2, the low cost car. stock's down 5.25%. because of chinese competition. i mean, byd, their main and bigger competitor, is making a car that starts at a, like, $99 500. they can't compete on price. i guess they're not reportedly going the even try to. instead, reuters is reporting they're focusing on self-driving...
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Apr 30, 2024
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lauren are, you're taking a look at tesla. where is it today? $184. lauren: down about 5%. they're chopping away at that major 15% bounce yesterday after elon musk got china's blessings to bring it full self-driving technology to tesla's biggest foreign market. but today investors are saying we need more details about how exactly you're going to bees e cute this and if it's really going to benefit your bottom line, and the information is also reporting there are hundreds of layoffs, additional layoffs, happening at tesla. stuart: molson coors. are they recession-proof? lauren: no. last quarter they were -- stuart: oh, 6%. lauren: yeah. that's a decline and a half. the past quarter was not a. plop. he were helped by -- problem. they were helped by steady demand. april and the second quarter, much more cautious. analysts are saying that they're losing market share now. the consumer has slowed down. stuart: tell me about walmart -- lauren: so they're trying -- stuart south it's moving. lauren: it's down 1.3% they're trying to bring in more high-end, high income consumers with
lauren are, you're taking a look at tesla. where is it today? $184. lauren: down about 5%. they're chopping away at that major 15% bounce yesterday after elon musk got china's blessings to bring it full self-driving technology to tesla's biggest foreign market. but today investors are saying we need more details about how exactly you're going to bees e cute this and if it's really going to benefit your bottom line, and the information is also reporting there are hundreds of layoffs, additional...
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Apr 25, 2024
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david: i take made a terrible but buying teslas. lauren: reporting a loss that was three times what was expected as they accelerate tesla sales. david: i wonder if they are number one. they made a thing about being the number 2 company. i wonder if they exceed hurting revenue. lauren: i returned the rental car over in orlando, saw a big family vacation, saw tall hoes, big cars, i didn't see any -- not a single one. david: pro-israel students are set to counter anti-israel protests, i would say the pro-hamas protests on campus. cb cotton is outside columbia university with the latest report coming up. speaker mike johnson at house republicans demand columbia university's president resigned saying she's lost control of the campus. we will be speaking to the president of the israeli alliance at mit on whether it is time to step down. that's next. when it comes to investing, we live in uncertain times. should others can deflate with a single policy change. savvy investors know that gold has stood the test of time as a reliable real asse
david: i take made a terrible but buying teslas. lauren: reporting a loss that was three times what was expected as they accelerate tesla sales. david: i wonder if they are number one. they made a thing about being the number 2 company. i wonder if they exceed hurting revenue. lauren: i returned the rental car over in orlando, saw a big family vacation, saw tall hoes, big cars, i didn't see any -- not a single one. david: pro-israel students are set to counter anti-israel protests, i would say...
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there's a problem with the cybertruck, tesla, stock is actually up today but there is indeed a problem with the cybertruck, kelly o'grady has been covering this. what is the problem? >> and we see a lot of debt malfunctions, dying after traveling just one mile randomly breaking on a wide open road and they are listening accusations that the rollup was rushed. you zoom out, it's anything but a smooth road for elon musk and has a, they are facing a host of head wents including ev hesitancy and an interview, that he insisted ev adoption is going well despite the entire industry seeing a huge drop in total deliveries and customer frustration. according to gallup, even less people now say they were driving ev than last year. let's get to 9 reports that tesla is scrapping its low cost model, price is going to be key when competing with those chinese ev companies. chinese automakers have been far more successful at bringing a low cost model to market, undercutting haslam. and and the leader in electric car selling. and the accusations of the cyber truck, needs to go up. >> it needs to go up.
there's a problem with the cybertruck, tesla, stock is actually up today but there is indeed a problem with the cybertruck, kelly o'grady has been covering this. what is the problem? >> and we see a lot of debt malfunctions, dying after traveling just one mile randomly breaking on a wide open road and they are listening accusations that the rollup was rushed. you zoom out, it's anything but a smooth road for elon musk and has a, they are facing a host of head wents including ev hesitancy...
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Apr 16, 2024
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tesla is down another 3 points. lauren: it is only tuesday. jpmorgan is commenting, jpmorgan caught my eye commenting on the largest layoff ever, 10% of air force, this doesn't show a supply problem at tesla but there's a demand problem. they stay underweight, price target is 15. hsbc sees a 40% share price gain, price target goes to $225, stocks at one hundred 62. they expect 10% market share by next year. the reason is ai, amd, ai chip. stuart: netflix reports thursday. all kinds of predictions. lauren: ahead of that we have mcquarrie increasing the price range at $6.17. stuart: caitlin clark is the number one pick of the wnba draft, you won't believe what she makes as a rookie. we will break down a shocking contract. university of southern california cancels it speech at graduation claiming safety concerns over students pro-palestinian stats. we are all over that one. breaking overnight, the house voting to sanction china's purchases of uranian oil. that could have huge financial consequences. hillary vaughan has the report from capitol hil
tesla is down another 3 points. lauren: it is only tuesday. jpmorgan is commenting, jpmorgan caught my eye commenting on the largest layoff ever, 10% of air force, this doesn't show a supply problem at tesla but there's a demand problem. they stay underweight, price target is 15. hsbc sees a 40% share price gain, price target goes to $225, stocks at one hundred 62. they expect 10% market share by next year. the reason is ai, amd, ai chip. stuart: netflix reports thursday. all kinds of...
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Apr 11, 2024
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tesla is moving down again. lauren: 169 and down almost # 3% yesterday and down almost 1.25 yesterday and weak demand here in china and putting out china numbers to be and they say china sales down 86%. lots of competitors in china and if you can't get out of the range, which is about 168-173, april 23rd are earning ands we'll see if musk delivers. stuart: we certainly will. carmax. lauren: down goes the stock 3% and missed out on analysts for the quarter and delays and long term financial target of cars and buying inflation and higher for longer interest rates that went on car volumes. stuart: door dash. lauren: price target 164 and up 1.25% and the student loan risks have failed to materialize. yeah. i was shocked by that too. stuart: door dash 139 and coming up. intelligence reports warn of an imminent attack on israel by iran. we'll break down the full warning for you. barclay saying yesterday's hot inflation record means we may only get one rate cut this year. we said larry summers saying rate hikes are on
tesla is moving down again. lauren: 169 and down almost # 3% yesterday and down almost 1.25 yesterday and weak demand here in china and putting out china numbers to be and they say china sales down 86%. lots of competitors in china and if you can't get out of the range, which is about 168-173, april 23rd are earning ands we'll see if musk delivers. stuart: we certainly will. carmax. lauren: down goes the stock 3% and missed out on analysts for the quarter and delays and long term financial...
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Apr 18, 2024
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stuart: how about tesla? lauren: yeah, ax owes axios isg that in order for musk to win on the pay package, axios said he needs to convince the shareholders that are sitting on substantial losses they might be annoyed and might not vote yes even thiothece well liked and tesla is down. stuart: other problems beside the pay package and all kinds of stuff. nike. lauren: caitlyn clark signed with indiana fever, $76,000 in her rookie year, but reportedly clark is nearing an eight f igure, $10 million+ endorsement deal with nike and could get her own sneaker. that's a big deal. she'll get the money somehow. hope she does. stuart: i hope she does too. $76,000 for a first year ain't match. lauren: nope. stuart: senate republicans c alling for investigation into the popular app temu, t-e-m-u. it's owned by china. what the concerns are. a judge in el paso begging state officials for help. he says that jails are near 100 capacity and no other resources to hold more migrants. the full story coming up. military analysts sa
stuart: how about tesla? lauren: yeah, ax owes axios isg that in order for musk to win on the pay package, axios said he needs to convince the shareholders that are sitting on substantial losses they might be annoyed and might not vote yes even thiothece well liked and tesla is down. stuart: other problems beside the pay package and all kinds of stuff. nike. lauren: caitlyn clark signed with indiana fever, $76,000 in her rookie year, but reportedly clark is nearing an eight f igure, $10...
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Apr 12, 2024
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let's check the movers, tesla is moving. stuart: todd: dan ives says musk moving too quickly on the robo taxi idea could be a, quote, debacle and that's not the near-term answer to the growth at tesla. they beat the catalyst, the cheaper car, the model 2. stuart: moving aggressively on the robo taxi. >> this is something you have to do just right. think about it. stuart: we have more chinese evmakers in the move, the leo, new said. stuart: they are down sharply. it started after ford cut some prices, $5000 on the f 150 lightning but the weakness in china in general and weakness for evs. you when evs are not selling well. stuart: i have a cruise line back in the headline, norwegian cruise line down. lauren: canceling a dozen cruises next year citing turmoil in the middle east and they say there's demand for shorter closer to home voyages like going to the bahamas. they didn't say that but i will say it. those trips are cheaper, americans trying to save money, why go far away to europe or have to go near the middle east when t
let's check the movers, tesla is moving. stuart: todd: dan ives says musk moving too quickly on the robo taxi idea could be a, quote, debacle and that's not the near-term answer to the growth at tesla. they beat the catalyst, the cheaper car, the model 2. stuart: moving aggressively on the robo taxi. >> this is something you have to do just right. think about it. stuart: we have more chinese evmakers in the move, the leo, new said. stuart: they are down sharply. it started after ford cut...
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Apr 18, 2024
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i want to know what's going on with tesla because it down again, one hundred 50. lauren: it had 149, 15 month low. deutsche bank downgrading them, they go to hold and cut the price target to one hundred 23. the only reason deutsche bank said they had a by was because they were really hopeful about that $25,000 card of the model 2. they expect that to be delay. elon musk going to address any of this with investors when they report earnings tuesday? you need a growth catalyst. the robot taxi, great, but seems a far way off. stuart: next case is dr horton. neil: raise the revenue forecast for the year, set up 3%. it had been up more than that, the largest in the country, they say home closures grew 15% in the quarter and those homes combined valued at $8.5 million. stuart: what's wrong with las vegas sands, down again today, 9%. 9%. >> 3 brokerages cut their price targets and all of a sudden weakness, not the tourism isn't bad but it went under recommendation and things are not where they need to be. that's a harsh reaction. stuart: thank you. throw out -- i'm gettin
i want to know what's going on with tesla because it down again, one hundred 50. lauren: it had 149, 15 month low. deutsche bank downgrading them, they go to hold and cut the price target to one hundred 23. the only reason deutsche bank said they had a by was because they were really hopeful about that $25,000 card of the model 2. they expect that to be delay. elon musk going to address any of this with investors when they report earnings tuesday? you need a growth catalyst. the robot taxi,...
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this is not just a tesla problem. the ev euphoria is over and there's a lot of new technologies and get to the certain market share and can't cross the you can't force it higher by legislating the use of evs and consumers aren't doing it. mainstream is too expensive and mainstream buyers are not buying it and whole industry is suffering in a decline and growing sales at 47% this time what's year and last quartier was 2.7%. stuart: fed chair powell still sees rate cuts this year. what do you say in >> powell is playing nice and keeping hopes a i live we'll get rate cuts. i've been on the record and go on there again saying i think the cuts come november or december after the election. he does not get in the way and teasing people saying they're coming, they're coming, just wait for it. watching the movers and conagra. lauren: it's up 5% and resilient demand for the pantry staples they sell, slim jim, frozen food, bird's eye and lowering prices where they can because their know the consumer is p tafanelyed out and eatin
this is not just a tesla problem. the ev euphoria is over and there's a lot of new technologies and get to the certain market share and can't cross the you can't force it higher by legislating the use of evs and consumers aren't doing it. mainstream is too expensive and mainstream buyers are not buying it and whole industry is suffering in a decline and growing sales at 47% this time what's year and last quartier was 2.7%. stuart: fed chair powell still sees rate cuts this year. what do you say...
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according to ceo elon musk as a growth catalyst the stock is up 4%, deutsche bank says the self driving tesla is so good, they like that they're going down this route of autonomous vehicles, robo taxis because it avoids the rabbit hole of cheap ev competition which is what the regular tesla model three and model why is facing now. >> will be on the road in 2027, three years from now. >> i don't think he said that exactly. >> i thought we had the earlier. >> he sees it coming up in the near future. i don't have the time frame but he says one timeframe and then you have to add on a few years, that is a problem. cathie wood cease free cash flow 100 billion in 2027. stuart: i don't understand the relevance, warner music drops plans to acquire. >> they were trying to buy a french digital label called believe it is a french company, there was a lot of talk about regulatory hurdles and now they have dropped out of the bidding a day before the bid was due, warner music is a 3.5%. stuart: them europeans. president biden headed to wisconsin going to unveil a new plan for student debt forgiveness. edwar
according to ceo elon musk as a growth catalyst the stock is up 4%, deutsche bank says the self driving tesla is so good, they like that they're going down this route of autonomous vehicles, robo taxis because it avoids the rabbit hole of cheap ev competition which is what the regular tesla model three and model why is facing now. >> will be on the road in 2027, three years from now. >> i don't think he said that exactly. >> i thought we had the earlier. >> he sees it...
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Apr 19, 2024
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lauren: tesla, meta, google, microsoft. stuart: show me the 10-year treasury, please. i like to know the yield. it is coming down a fraction, still at 4.61. gold, on the upside today because of the events in fact middle east but not as much as it was before. it had been well above $2400, now it's right at $2400. bitcoin, as we told you, went from $59,000 to 6,6 -- 64,6 in just a matter of hours. the price of oiling well, that spiked to $89 a barrel, now it's down to $83. how about that? interesting movements on the market today. >>> coming up, britain's former prime minister, liz truss, she says trump has to win. she's warning against the deep state in america. of she's going to join me on set in the 11:00 hour. p. ray easily was a former intern for barack obama. now she's a proud conservative and trump supporter. what changed? i'll ask hersh she's going to be on the show. day four of the trump trial. will the former president testify? should he testify? trump's attorney, alina habba, next on that. ♪ ♪ trading at schwab is now powered by ameritrade, giving traders
lauren: tesla, meta, google, microsoft. stuart: show me the 10-year treasury, please. i like to know the yield. it is coming down a fraction, still at 4.61. gold, on the upside today because of the events in fact middle east but not as much as it was before. it had been well above $2400, now it's right at $2400. bitcoin, as we told you, went from $59,000 to 6,6 -- 64,6 in just a matter of hours. the price of oiling well, that spiked to $89 a barrel, now it's down to $83. how about that?...
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Apr 10, 2024
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we don't own tesla, we're short it, but it's vulnerable also. those are three major stocks that investors are into, and if they start to turn tail, then investors are going to start to sell, and they'll probably sell other holdings too. stuart: i'm worried about what happens to the economy with these rising interest rates. specifically, the housing market and the rental market. because when you've got mortgage rates obviously heading above 7, that -- 7%, that spells problems for the economy which spells problems for future profitability of american stocks. what i'm saying is maybe this inflation news puts a lid on the bull market. >> i, i couldn't agree more. this is what could put a lid on the bull market. this is what could turn the bull market around. now, we're not seeing that yet with. one day doesn't make a trend change. but this is certainly something to be concerned about. higher for longer is the thing that can kill this bull market, and the reason i think i'm still bullish is i think the fed if is going to have to cut. i think because
we don't own tesla, we're short it, but it's vulnerable also. those are three major stocks that investors are into, and if they start to turn tail, then investors are going to start to sell, and they'll probably sell other holdings too. stuart: i'm worried about what happens to the economy with these rising interest rates. specifically, the housing market and the rental market. because when you've got mortgage rates obviously heading above 7, that -- 7%, that spells problems for the economy...
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if you look at tesla on the flip side, it's exact opposite and worst performing s&p and down today too. susan: super micro straight up. thanks, lauren. democrats in illinois push ago plan for $1,000 per month guaranteed income program. kelly seberrj is with us in chicago. reporter: stuart payments go to provide care for child or another specified dependent and those that recently gave birth or adopted a child or those that are enrolled in an educational or vocational program and this is regardless of immigration status. the author hasn't addressed the immense cost to fund a plan like this. >> i estimate it could be greater than $10 billion a year and they could be far better utilized investing in the crumbling infrastructure, improving education, and supporting public safety that benefits all of the residents of the state of illinois. reporter: there's also concern on what the money could be spent on and stanford's basic income lab starting over 8,000 people receiving money from guaranteed income pilot programs around the country and found 4% of the money was spent on non seq.s and dow
if you look at tesla on the flip side, it's exact opposite and worst performing s&p and down today too. susan: super micro straight up. thanks, lauren. democrats in illinois push ago plan for $1,000 per month guaranteed income program. kelly seberrj is with us in chicago. reporter: stuart payments go to provide care for child or another specified dependent and those that recently gave birth or adopted a child or those that are enrolled in an educational or vocational program and this is...
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Apr 15, 2024
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you're looking at movers and i think tesla is seriously moving. lauren: this is one of the worst performing stocks this year. reportedly they're cutting more than 10% of global work force. ev demand is down, competition is up. elon musk sends e-mail to employees and said the company needs to reduce cost skin crease productivity and stock on another 3.5% one more thing. two key executives announcing resignation on elon musk's x. stuart: oh, really. that's interesting. lauren: in charming of battery division and something else. stuart: spirit airlines in a lot of trouble. lauren: stock up 7% and up 3.5 now? out with preliminary first q uarter results results and cosc oming down for labor and rent to the airports and that'll help boost margin when is they report for the first quarter. stuart: earlier this morning and trump media dropped below 30 a share and down another 16%. they are selling millions of additional shares in coming months including donald trump's stake. he owns a 58% stake and that's valued around $2.5 billion. he's set to receive ano
you're looking at movers and i think tesla is seriously moving. lauren: this is one of the worst performing stocks this year. reportedly they're cutting more than 10% of global work force. ev demand is down, competition is up. elon musk sends e-mail to employees and said the company needs to reduce cost skin crease productivity and stock on another 3.5% one more thing. two key executives announcing resignation on elon musk's x. stuart: oh, really. that's interesting. lauren: in charming of...
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Apr 29, 2024
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tesla surging and all about elon musk's surprise united healthcare is moving lower and reeling from the february cyber attack at change healthcare unit and new york attorney general letitia james joining 22 attorneys general in other states in urging the company to better protect its patients, it's providers, pharmacies, the stock is down three quarters of 1%. the ceo of united health will testify before the house this week. i was just at a specialist the other day, they said it was paralyzing and they're still dealing with the outage because of the hack at change healthcare. ashley: wow. lauren: yep, february 12 it happened. ashley: wow, okay. thank you, your honor, lauren. coming up, one economist said there's mounting evidence that our economy is facing a nightmare scenario. we'll explain, that sounds very ominous. if you're looking to travel this summer, watch out for a tourist tax. we'll tell you which popular destinations will charge you just for visiting. outrageous. and remember what we were told about the crime plaguing new york city? watch this. >> i see the way crime is, peop
tesla surging and all about elon musk's surprise united healthcare is moving lower and reeling from the february cyber attack at change healthcare unit and new york attorney general letitia james joining 22 attorneys general in other states in urging the company to better protect its patients, it's providers, pharmacies, the stock is down three quarters of 1%. the ceo of united health will testify before the house this week. i was just at a specialist the other day, they said it was paralyzing...
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tesla and metany johnson is -- tammy johnson is here and owner of the coffee cup in indiana. your shop is in the path of totality. how are you preparing and how many people are you expecting? >> well, hi, there. we've been preparing by first of all our special drink, everyone is excited about it. the eclipse twister hags a mix of red raspberry, blue raspberry and shimmer and everybody is loving it. stuart: why did you decide on blue raspberry and pink or whatever is in there? >> it's tropical and it's a twitter drink on the menu and energy from green caffeine. it's super yummy and delicious. otherwise we've got eclipse glasses for everybody. we've been passing them out. stuart: this is a financial program. therefore how much is your oklahoma twister special eclipse drink? >> $6. stuart: really? i'm very interested in it. what's the alcohol in it? >> this -- that energy you get from this is from caffeine. no alcohol. stuart: oh, no alcohol. oh, dear reigns leading me. okay. how many? >> unless you add some when you get home. stuart: home people do you expect in your coffee sho
tesla and metany johnson is -- tammy johnson is here and owner of the coffee cup in indiana. your shop is in the path of totality. how are you preparing and how many people are you expecting? >> well, hi, there. we've been preparing by first of all our special drink, everyone is excited about it. the eclipse twister hags a mix of red raspberry, blue raspberry and shimmer and everybody is loving it. stuart: why did you decide on blue raspberry and pink or whatever is in there? >>...
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Apr 15, 2024
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stuart: i'm dying to see tesla and see how they open. there down 168. >> the bad news keeps on coming, electric is reported that the cutting 10% staff that is 15000 workers, managers were identifying the critical team members they can stay but the operating as a startup but there 20 years old. at some point you should not have to announce job cuts reportedly this big. elon musk talking about the next growth cycle for the company, what that is i don't know full self driving, robo taxis, there are also reports of elon musk has caused the deliveries for the cyber check for one week within a. issue with accelerated. stuart: one piece of bad news after another. he keeps on coming. stuart: meta, they have vr goggles. are they going to be used in schools. >> this fall. >> kids over the age of 15 will have the opportunity to wear the headset and class in the classroom for an immersive setting. if you are learning about the coliseum in rome, why don't you take a trip there, it could be very cool to experience history but how did giving all the ki
stuart: i'm dying to see tesla and see how they open. there down 168. >> the bad news keeps on coming, electric is reported that the cutting 10% staff that is 15000 workers, managers were identifying the critical team members they can stay but the operating as a startup but there 20 years old. at some point you should not have to announce job cuts reportedly this big. elon musk talking about the next growth cycle for the company, what that is i don't know full self driving, robo taxis,...
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turn around these shares which are down 12% this year when the rest of the magnificent seven minus tesla is up big. stuart: i don't think 600 layoffs makes a big deal for the stock price -- lauren: but it's rare for apple. stuart: that is true. i'm sure hay got a good payoff. nvidia, they're planning to build an artificial intelligence center where? lauren: it's in indonesia. think southeast asia. it's a partnership with a local telecom there. $200 million investment in southeast asia, that's significant. they also want to get talent, right, nurture the talent that's in the area. so nvidia is up, the other chipmakers are up, and the reason is samsung. they expect a tenfold up e crease in their first quarter operating profit because of strong demand if for their a.i. chips, so i think that's what's e boosting not just nvidia, but the chipmakers in general. stuart: right now i want to look at a retailers. some retailers are reporting heavy been paying their vendors late. that's not a good sign. lauren: no. sa aks, express, peloton, bath and body works. s this is an early sign of distress.
turn around these shares which are down 12% this year when the rest of the magnificent seven minus tesla is up big. stuart: i don't think 600 layoffs makes a big deal for the stock price -- lauren: but it's rare for apple. stuart: that is true. i'm sure hay got a good payoff. nvidia, they're planning to build an artificial intelligence center where? lauren: it's in indonesia. think southeast asia. it's a partnership with a local telecom there. $200 million investment in southeast asia, that's...
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Apr 30, 2024
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tesla, don't tell me, or they're going to lay off more workers. stuart: the stock was up 15% yesterday, down 2% today. they have already laid off two key high-level executives, the one who headed up the superchargerrations and the other who headed up the new vehicles division. reportedly, their entire team's 500 plus people will be let go too. stuart: ouch. that a hurts, doesn't it? lauren: well or, elon musk has to downsize the company, and he's got to get a cheaper car to the market faster. stuart: not easy, i'd say. what's the warning that macy's is delivering to their corporate employees? is it layoffs? lauren: it could be. bloomberg is reporting that they told their hybrid workers, these are people that work, are supposed to come into the office, you can be home but only three days a week. you need to come to the new york city headquarters two days a week starting may 13th. and if not, you face consequences. can you -- we come to work five days a week with. stuart yep, have to. lauren but for many people they were told, okay, hybrid. but many
tesla, don't tell me, or they're going to lay off more workers. stuart: the stock was up 15% yesterday, down 2% today. they have already laid off two key high-level executives, the one who headed up the superchargerrations and the other who headed up the new vehicles division. reportedly, their entire team's 500 plus people will be let go too. stuart: ouch. that a hurts, doesn't it? lauren: well or, elon musk has to downsize the company, and he's got to get a cheaper car to the market faster....
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Apr 22, 2024
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i want to start with tesla what is your forecast, that stock is $140 a share, 142 and heading south. what is going on. >> is no longer just about elon musk and what he can do in the mindset of innovating and delivering dollars to every shareholder. it's about electric vehicles and the fact of the matter is he designed to get too complicated what is not ready for electric vehicles in the government pushing the monist was a bad idea and it messed up the free market. i say the government intervention slowed down technology innovation within the electric vehicle sector look at ford, gm and unprofitable all the subsectors within the industries are within electric vehicles ford lost three or 4 billion on ev's and if the government let the free market work properly, more people would be willing to adopt electric vehicles and we would be further along with infrastructure span then we were at to make sure people actually want them and charging them properly and get to where they're going. stuart: difficult situation for elon musk down to 142. big tech earnings will they set the market directi
i want to start with tesla what is your forecast, that stock is $140 a share, 142 and heading south. what is going on. >> is no longer just about elon musk and what he can do in the mindset of innovating and delivering dollars to every shareholder. it's about electric vehicles and the fact of the matter is he designed to get too complicated what is not ready for electric vehicles in the government pushing the monist was a bad idea and it messed up the free market. i say the government...