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Apr 23, 2024
04/24
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reasons people would look to these publications was to say, well gosh, do i believe you the polygraph tesla literally did not know that. oh, well, okay. sure. dana got it. i don't knew it. >> i'm familiar with occasions, but the bottom line here is that he's trying to establish that there was some way to show as a part of the scheme but the prosecution has got to go to the next level in this witness might not give you everything that you need for prove every single test, but at least the credibility factor you now you have saying that howard new zealand howard the editor-in-chief of the enquirer negotiated to pay 30 granted by the story, and he called michael cohen, hey, we're going to spend $30,000 to buy the story and the occasion. >> of course, that they're not going to run it, which remember, yesterday we learned in this first 20 minutes of his testimony that anything above $10,000 per story had to get the approval. a. david yes. >> good. yeah. good. so people come back track of this, all this doorman's story is the first of three parts of the catch and kill scheme that prosecutors are
reasons people would look to these publications was to say, well gosh, do i believe you the polygraph tesla literally did not know that. oh, well, okay. sure. dana got it. i don't knew it. >> i'm familiar with occasions, but the bottom line here is that he's trying to establish that there was some way to show as a part of the scheme but the prosecution has got to go to the next level in this witness might not give you everything that you need for prove every single test, but at least the...
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Apr 23, 2024
04/24
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it is proving to be a tricky period for tesla. its shares have fallen by around 40% from the beginning of the year last week its big boss elon musk told its work was able to cut their numbers by 10%. that appliesjob losses in their numbers by 10%. that applies job losses in the region of 40,000. in recent days, mr musk spent a planned trip to india this week. he was due to meet the prime minister narendra modi and revealed plans to enter the south asian market. on his social media platform, x, mr musk and they order that unfortunately... but he looked forward to visiting later this year. mr musk may face tough questions later when tesla releases its latest quarterly results. at the beginning of the month it emerged that the company's vehicle deliveries declined in the first quarter of 2024 for the first quarter of 2024 for the first quarter of 2024 for the first time in nearly four years. the company's cutting the price of its full self driving software in the united states by a third, from $12,000 to 8000, and it is slashing its
it is proving to be a tricky period for tesla. its shares have fallen by around 40% from the beginning of the year last week its big boss elon musk told its work was able to cut their numbers by 10%. that appliesjob losses in their numbers by 10%. that applies job losses in the region of 40,000. in recent days, mr musk spent a planned trip to india this week. he was due to meet the prime minister narendra modi and revealed plans to enter the south asian market. on his social media platform, x,...
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Apr 22, 2024
04/24
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really difficult water for tesla, tesla. really difficult water for tesla. very _ tesla. really difficult water for tesla, very road. _ tesla. really difficult water for tesla, very road. we _ tesla. really difficult water for tesla, very road. we also - tesla. really difficult water for tesla, very road. we also saw| tesla. really difficult water for | tesla, very road. we also saw a recall of the cyber track, clearly the price cut they did before a year ago really hasn't stipulated —— stimulated sales. as it loots, deliveries for 2024 likely to be flat compared to last year. i challenging environment, what is going on is that the market globally, growth is slowing, lots more competition. particularly from china can make electric vehicles are low—cost. if china can make electric vehicles are low-cost. , ., , ., ~ low-cost. if people are thinking about making — low-cost. if people are thinking about making a _ low-cost. if people are thinking about making a switch, - low-cost. if people are thinking about making a switch, given i low-cost. if people are thinking.
really difficult water for tesla, tesla. really difficult water for tesla. very _ tesla. really difficult water for tesla, very road. _ tesla. really difficult water for tesla, very road. we _ tesla. really difficult water for tesla, very road. we also - tesla. really difficult water for tesla, very road. we also saw| tesla. really difficult water for | tesla, very road. we also saw a recall of the cyber track, clearly the price cut they did before a year ago really hasn't stipulated ——...
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Apr 22, 2024
04/24
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0ver tesla's strategy. their strategy has been about scale and cost, can they compete with the chinese? they have been aiming for a cheap, $25,000 car, that seems to have been postponed and they are going more into autonomy. investors aren't that convinced, _ going more into autonomy. investors aren't that convinced, i'm _ going more into autonomy. investors aren't that convinced, i'm looking - aren't that convinced, i'm looking at the numbers, shares down by 40% since the start of the year. do you think a price cut is enough to win back the confidence of consumers given the competition and people not having money?— having money? there is a huge cost of livin: having money? there is a huge cost of living squeeze _ having money? there is a huge cost of living squeeze that _ having money? there is a huge cost of living squeeze that is _ having money? there is a huge cost of living squeeze that is taking - of living squeeze that is taking place in many european countries, tesla have to cut prices, from the p
0ver tesla's strategy. their strategy has been about scale and cost, can they compete with the chinese? they have been aiming for a cheap, $25,000 car, that seems to have been postponed and they are going more into autonomy. investors aren't that convinced, _ going more into autonomy. investors aren't that convinced, i'm _ going more into autonomy. investors aren't that convinced, i'm looking - aren't that convinced, i'm looking at the numbers, shares down by 40% since the start of the year. do...
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Apr 16, 2024
04/24
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on its website, tesla says safety is the most important part of every tesla. we design our vehicles to exceed safety standards. they should have done the right thing for so many times, for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for christina, who's currently in remission from her cancer. but there's no court date set yet. tesla is cutting thousands ofjobs — around 10% of its global workforce — as demand slows. billionaire owner elon musk said the decision was difficult, but "must be done." the world's largest automobile maker by market value is facing stiff competition from chinese ev makers. china will unveil its growth figures for the january to march quarter in the coming hours. retail sales and industrial production figures for march are also expected. there's been some optimism that the world's second largest economy is back on track. but there are still multiple headwinds — that's according to harry murphy cruise from moody's analytics. china is in this mismatch at the moment. parts doing
on its website, tesla says safety is the most important part of every tesla. we design our vehicles to exceed safety standards. they should have done the right thing for so many times, for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for christina, who's currently in remission from her cancer. but there's no court date set yet. tesla is cutting thousands ofjobs — around 10% of its global workforce — as demand slows. billionaire owner...
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Apr 22, 2024
04/24
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annabelle: a focus on earnings kicking off with tesla. looking at this chart, the slide we have seen in the stock in the past five sessions, down nearly 10%. the losses this year totaling more than 40%. the ev maker is set to report its first-quarter earnings and price cuts are very much the focus, ramifications of those. we had more announced over the weekend in countries including china, where ev buyers are also awaiting a stimulus program that could include incentives aimed to encourage businesses and households to adopt greener technologies. let's discuss more with jean handling -- junheng li, founder and ceo at jl warren capital. we could get to beijing's trading in a moment, but the price cuts in china, are they going to be really substantial enough to boost demand? junheng: probably not. the core issue with tesla and certainly with china, is aging. tesla has not had a new product for the last three or four years per minute model 3 came to the market in 2017, model y, 2020. meanwhile, there are many made in china homegrown brands. t
annabelle: a focus on earnings kicking off with tesla. looking at this chart, the slide we have seen in the stock in the past five sessions, down nearly 10%. the losses this year totaling more than 40%. the ev maker is set to report its first-quarter earnings and price cuts are very much the focus, ramifications of those. we had more announced over the weekend in countries including china, where ev buyers are also awaiting a stimulus program that could include incentives aimed to encourage...
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Apr 23, 2024
04/24
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if you look at the tesla numbers in the first quarter, tesla had an 11% market share. by the fourth quarter it was 6.7% which tells you how cheaply because in china 60% of ev's are cheaper than combustion and that will be exported. it is concerning the china overtook japan, germany and this is the context, but before i leave you, talking about energy and oil, this will displace 12 million barrels per day and not just be gas guzzling cars. tom: china brought tesla to suit up the market and they have managed. bloomberg's oliver, thank you. setting us up for a big day. novartis raising their guidance after reporting better first quarter response. we will dig into that story, what is propelling optimism next, this is bloomberg. ♪ >> we do personalization and you can tell me what you think but ai can help me analyze your face better than you could vocalize. helping to give people the equivalent is a great way to grow your business. cheating is not relevant. tom: that was trini speaking to bloomberg. the federal trade commission is seeking to stop a merger between fashion
if you look at the tesla numbers in the first quarter, tesla had an 11% market share. by the fourth quarter it was 6.7% which tells you how cheaply because in china 60% of ev's are cheaper than combustion and that will be exported. it is concerning the china overtook japan, germany and this is the context, but before i leave you, talking about energy and oil, this will displace 12 million barrels per day and not just be gas guzzling cars. tom: china brought tesla to suit up the market and they...
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Apr 16, 2024
04/24
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on its website, tesla says safety is the most important part of every tesla. "we design our vehicles to exceed safety standards." tesla would have done the right thing for so many times, for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for cristina, who's currently in remission from her cancer. but there's no court date set yet. zoe kleinman, bbc news. in other news... the administrators of the panama canal have announced an increase in the number of ships allowed to use the waterway every day from 2a to 31. it should ease congestion in one of the world's busiest trade routes, linking the atlantic ocean to the pacific. boeing has rejected claims that there are problems with its 787 jets, two days before a whistle—blower is due to testify to us lawmakers about what he describes as "catastrophic safety risks" in the way they're made. steve chisolm, boeing's chief engineer for mechanical and structural engineering, told reporters that the carbon fibre composites used to build the jet have successfully endur
on its website, tesla says safety is the most important part of every tesla. "we design our vehicles to exceed safety standards." tesla would have done the right thing for so many times, for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for cristina, who's currently in remission from her cancer. but there's no court date set yet. zoe kleinman, bbc news. in other news... the administrators of the panama canal have announced an...
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Apr 16, 2024
04/24
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you can look back _ tesla's development? you can look back at _ tesla's development? you can look back at the _ tesla's development? you can look back at the history - tesla's development? you can look back at the history of - tesla's development? you can look back at the history of the | look back at the history of the company and you will see every couple of years they do actually slash the workforce, you have seen it also across a number of different technology names over recent years. ultimately, if you look at what elon musk is saying, he is saying this is more attributed to streamlining after a period of growth and aligning towards a new period of growth. i would say this is more to do with them struggling against significant competition in china, mass of price gouging in china, mass of price gouging in china, tesla was not necessarily built for that, it was not built for the huge price walls we are seeing under way at the moment, while at the moment you can say what is the price wars in china happening, the chinese companies could be on our doorstep soon enough
you can look back _ tesla's development? you can look back at _ tesla's development? you can look back at the _ tesla's development? you can look back at the history - tesla's development? you can look back at the history of - tesla's development? you can look back at the history of the | look back at the history of the company and you will see every couple of years they do actually slash the workforce, you have seen it also across a number of different technology names over recent years....
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Apr 16, 2024
04/24
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like we said, they were planning come here to the tesla factory. >> and will follow these tesla workers real quick that they're putting up a gate and it looks look at this. these are people who are not even part of the protests that are trying to drive through this road here. and it looks like that they're not only cutting off one way going westbound, but now they're cutting off the other way going eastbound. it's turning it to be quite a headache not sure what the coronation was here took place these gates up here. and as you can see through the fence, there are still some people looking to join this protest. people who are arriving a little bit later. again, this is a protest, a 50 or 60 different people. and now it looks like that the force of some of these people to turn around here. it looks like this roadway here is now being blocked by tesla workers. so we'll turn back around here in walked back with these tesla workers. and again, this is the main entrance here. the south, lot for the tesla factory based out of here in fremont. and this is when we talk with organizers for this p
like we said, they were planning come here to the tesla factory. >> and will follow these tesla workers real quick that they're putting up a gate and it looks look at this. these are people who are not even part of the protests that are trying to drive through this road here. and it looks like that they're not only cutting off one way going westbound, but now they're cutting off the other way going eastbound. it's turning it to be quite a headache not sure what the coronation was here...
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Apr 23, 2024
04/24
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a lot riding on the tesla report. six names in particular tend to benefit when tesla shares go into reverse. cnbc pro subscribers can find out on cnbc.com/pro. >>> looking at apple, iphone sales fell 20% in the first quarter in china. the worse in the country since 2020. that's according to counter point research and comes despite the usual q1 lunar new year boost. the rival huawei saw sales climbing 70% in the same period. apple now ranks third in the country's market. >>> investors are eyeing tech stocks as four of the magnificent seven are due to report earnings this week with tesla as we just mentioned, kicking things off later today. >> it may be the mag six after this. >> we will see. we will see meta on wednesday and alphabet and microsoft set to release on thursday. speaking earlier to the channel, the norges bank ceo gave his view on the sector. >> if i look at what we can read from the current market, i would say there is clearly a lot of froth within the technology sector. we will get the answers later in t
a lot riding on the tesla report. six names in particular tend to benefit when tesla shares go into reverse. cnbc pro subscribers can find out on cnbc.com/pro. >>> looking at apple, iphone sales fell 20% in the first quarter in china. the worse in the country since 2020. that's according to counter point research and comes despite the usual q1 lunar new year boost. the rival huawei saw sales climbing 70% in the same period. apple now ranks third in the country's market. >>>...
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Apr 22, 2024
04/24
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really difficult water for tesla, tesla. really difficult water for tesla. very _ tesla. really difficult water for tesla, very road. _ tesla. really difficult water for tesla, very road. we _ tesla. really difficult water for tesla, very road. we also - tesla. really difficult water for tesla, very road. we also saw| tesla. really difficult water for | tesla, very road. we also saw a
really difficult water for tesla, tesla. really difficult water for tesla. very _ tesla. really difficult water for tesla, very road. _ tesla. really difficult water for tesla, very road. we _ tesla. really difficult water for tesla, very road. we also - tesla. really difficult water for tesla, very road. we also saw| tesla. really difficult water for | tesla, very road. we also saw a
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Apr 22, 2024
04/24
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tesla/is prices -- tesla slashes prices. eyes turn to the crucial earnings report. it is a big week in terms of the earnings story with u.s. tax. tesla reporting on tuesday but also european banks in focus for us today as well and we check in on the markets when there is a bit of relief. with the outside coming through for equities and a little bit of downside for those haven assets, the likes of gold, oil, and the u.s. dollar. futures pointing higher. the ftse 100 up in the session. we look at the energy story as well given that oil has come off a little to see how that feeds through in to the ftse 100. s&p futures above the 5000 level. nasdaq futures pointing higher by .5% after the worst week for the nasdaq 100 since november of 2022. looking to repair some of those losses at least gazed on the futures. let's focus on the treasury space. a big week in terms of options. the two-year above 5%. softness coming through for the bloomberg dollar or at least dropping .9%. and rita saying she -- let's turn to the invocations of this will. when it could mean for tiktok. t
tesla/is prices -- tesla slashes prices. eyes turn to the crucial earnings report. it is a big week in terms of the earnings story with u.s. tax. tesla reporting on tuesday but also european banks in focus for us today as well and we check in on the markets when there is a bit of relief. with the outside coming through for equities and a little bit of downside for those haven assets, the likes of gold, oil, and the u.s. dollar. futures pointing higher. the ftse 100 up in the session. we look at...
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Apr 23, 2024
04/24
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paul: tesla fast tracking cheaper models. annabelle: apples china sales plunged 19%, putting it third in a key market. paul: what's take a look at trades, risk on day. gold prices eased. gold etf could suffer, new zealand in positive territory. interesting day. numbers out of australia are critically, those numbers are using down from 4.1, big improvement outside the target band. bank of indonesia decision, consensus is a hold. we gave futures saw positive territory. bank of japan will focus on weakening the yen. were at 144 .77 and keeping our eyes on tesla suppliers. stocks surging following the call. annabelle: that's right. the company has slumped, but u.s. futures looking toward future gains but the story is focused on earnings. what else we were tracking was optimism and a bullish forecast. some of those are coming from goldman sachs. company that closed at a record high, first record highs since 2021, first quarter earnings came through including a process -- profit beat. apple posting gains which was surprising. china
paul: tesla fast tracking cheaper models. annabelle: apples china sales plunged 19%, putting it third in a key market. paul: what's take a look at trades, risk on day. gold prices eased. gold etf could suffer, new zealand in positive territory. interesting day. numbers out of australia are critically, those numbers are using down from 4.1, big improvement outside the target band. bank of indonesia decision, consensus is a hold. we gave futures saw positive territory. bank of japan will focus on...
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Apr 23, 2024
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we will stick with tesla. investors are preparing for the earnings after the bell today as the company is facing pressure with the stock falling. the chart right there and the stock is at the lowest level since january of last year. down 50% the last two years. the stock down 40% this year. second worst performing in the s&p 500 with concerns of price cuts and product issues continue to mount. phil lebeau has more on what to watch with the results. >> reporter: when tesla reports after the bell today, the street is focused less on the specific number and more on the specispecific outlook for the robotaxi. they are expected to show a lower gross margin as well as a drop in operating profit. what is the guidance for the second quarter and the rest of the year and specifically what is the plan for rolling out the small car and robotaxi? tesla's full self-driving technology allows the driver to take the hands off the wheel, but it is a long way from autonomous driving. elon musk said tesla must change frequently a
we will stick with tesla. investors are preparing for the earnings after the bell today as the company is facing pressure with the stock falling. the chart right there and the stock is at the lowest level since january of last year. down 50% the last two years. the stock down 40% this year. second worst performing in the s&p 500 with concerns of price cuts and product issues continue to mount. phil lebeau has more on what to watch with the results. >> reporter: when tesla reports...
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Apr 23, 2024
04/24
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it's been a rocky road for tesla this it's been a rocky road for tesla this year. it's been a rocky road for tesla this year. interest it's been a rocky road for tesla this year. interest rates are taking a bite out of purchasing power and pushing big purchases out of reach, competition with china especially rival vehicle maker byob is heating up, sales are falling and so is tesla's stock. it's fallen more than 40% this year, the company is cutting prices and announced lay—off, then on tuesday it reported its first quarter earnings. the company is anticipating lower deliveries this year compared to 2023 but investors have one bright spot to look to come announced it speeding up the launch of a lower—priced vehicle from affordable models —— models could be a boon for cash—strapped consumers, and worldwide like china and india. tesla's shares soared in after—hours trade. asia editor for automotive news, hans greimel says investors are encourged by the introduction of more affordable models. investors were really bracing for some bad news in this earnings
it's been a rocky road for tesla this it's been a rocky road for tesla this year. it's been a rocky road for tesla this year. interest it's been a rocky road for tesla this year. interest rates are taking a bite out of purchasing power and pushing big purchases out of reach, competition with china especially rival vehicle maker byob is heating up, sales are falling and so is tesla's stock. it's fallen more than 40% this year, the company is cutting prices and announced lay—off, then on...
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Apr 20, 2024
04/24
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but in tesla's case, it's a little extra. also people want to know how many cybertrucks are out there, how many are coming in the next few months, and what may be on the horizon to sort of give this company a boost after suffering through a lower stock price, lower sales, and a lower delivery number. >> elon musk has a lot on his plate. it's remarkable really that he can run so many different companies, so many different high-profile companies at that. >> right. that's some of the criticism he gets is that perhaps he's not focusing enough on these cars. after all, tesla -- and its earned its valuation as a tech company. i get that. but ultimately, it runs and goes on how many cars it sells. and if that slows down, they've got to kick-start the company somehow. >> thank you for your insight. >> up next, a cal student about to make history on the berkeley city council. so why did she run? she's going to join us in just a minute. norman, bad news... i never graduated from med school. what? but the good news is... xfinity mobile
but in tesla's case, it's a little extra. also people want to know how many cybertrucks are out there, how many are coming in the next few months, and what may be on the horizon to sort of give this company a boost after suffering through a lower stock price, lower sales, and a lower delivery number. >> elon musk has a lot on his plate. it's remarkable really that he can run so many different companies, so many different high-profile companies at that. >> right. that's some of the...
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Apr 22, 2024
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look at tesla shares. they are down 3.3% right now on news that they are cutting prices of the best selling vehicles in the u.s. and in china. keep in mind, tesla shares are down 40% year to date. the company's faced a lot of pressure with the missing deliver numbers and that price war in china. facing pressure from companies like byd in the chinese market. a lot of questions of the future of tesla. investors answering that it is a car company. shares falling sharply right now on the price cut news. falling year to date on the fact they missed deliveries and other issues when it comes to demand. tesla shares down 3.3%. >>> coming up on the show, we will talk to you much more about what's going on. the u.s. house approves billions in aid in a rare saturday session. we will have the latest from washington coming up next. norman, bad news... i never graduated from med school. what? but the good news is... xfinity mobile just got even better! now, you can automatically connect to wifi speeds up to a gig on the
look at tesla shares. they are down 3.3% right now on news that they are cutting prices of the best selling vehicles in the u.s. and in china. keep in mind, tesla shares are down 40% year to date. the company's faced a lot of pressure with the missing deliver numbers and that price war in china. facing pressure from companies like byd in the chinese market. a lot of questions of the future of tesla. investors answering that it is a car company. shares falling sharply right now on the price cut...
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Apr 16, 2024
04/24
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bbc news put her claims to tesla, but the firm has not responded. on its website, tesla says... "safety is the most important part of every tesla. "we design our vehicles to exceed safety standards." this lab could have done the right thing for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for cristina, who's currently in remission from her cancer. but there's no court date set yet. in remission from her cancer. zoe kleinmann, bbc news. in remission from her cancer. around the world and across the uk. in remission from her cancer. this is bbc news. in remission from her cancer. the general election begins in india on friday and most predictions say narendra modi will win another victory, his third consecutive mandate. he has amassed a huge following of support despite some seeing him as a controversial figure. from the uttar pradesh state which is a stronghold of mr modi's bjp party, yogita limaye reports. cheering narendra modi is the reigning superstar of indian politics. rallies like these are an integral part of an indian
bbc news put her claims to tesla, but the firm has not responded. on its website, tesla says... "safety is the most important part of every tesla. "we design our vehicles to exceed safety standards." this lab could have done the right thing for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for cristina, who's currently in remission from her cancer. but there's no court date set yet. in remission from her cancer. zoe kleinmann,...
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Apr 22, 2024
04/24
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ed: it's specific to tesla and elon musk. we got white a lot of pushback on the big tech about the use of the word chaos. it is chaos internally. these were deep layoffs that were staggered over seven days. people believe they were safe and then found out last night they are not. investors at the heart of their thesis, a single cheap ev was everything but that's not happening anymore. for others, they price the stock-based on only robotaxi away from legacy wall street. those are considerations the other automakers don't have to think about. they are just trying to convert from combustion engine to ev on the one wildcard as elon musk himself. my understanding is that he will come back to paying attention to tesla and look at what's happened in the first three months of the year and said no, we are doing a different way, my way. sonali: we thank you so much for your time, don't miss his story on bloomberg.com and the terminal. tesla one of the worst performers on the s&p 500 this year so far. coming up next, we will talk about
ed: it's specific to tesla and elon musk. we got white a lot of pushback on the big tech about the use of the word chaos. it is chaos internally. these were deep layoffs that were staggered over seven days. people believe they were safe and then found out last night they are not. investors at the heart of their thesis, a single cheap ev was everything but that's not happening anymore. for others, they price the stock-based on only robotaxi away from legacy wall street. those are considerations...
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Apr 22, 2024
04/24
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>> on tesla. >> yes. >> tesla is still the most valuable car company. if it drops another few dollars, it would put toyota. >> it has been written now. "do interest rates matter" now? >> yes. >> we will see. >> they he have been down. >> what did jamie dimon say? 8%? >> he has been spot on. he has been consistent. >> he has. that seems like it would be significant. >>> news from washington. on saturday, the house passing the series of bills to provide aid to israel, ukraine and taiwan along with the bill that would force china's bytedance's tiktok. emily wilkins has more with us. do you clock in on saturday? >> reporter: you have to be paying attention. you have to stay on top of it. it was a working weekend for congress. you are not alone. the house passed that $95 billion foreign aid bill for ukraine, israel and indopacific and attached to that had a couple of things. most importantly, it could lead to tiktok being banned in the u.s. if they don't divest from parent company bytedance. they could finalize the bill on tuesday. the house has approved the
>> on tesla. >> yes. >> tesla is still the most valuable car company. if it drops another few dollars, it would put toyota. >> it has been written now. "do interest rates matter" now? >> yes. >> we will see. >> they he have been down. >> what did jamie dimon say? 8%? >> he has been spot on. he has been consistent. >> he has. that seems like it would be significant. >>> news from washington. on saturday, the house...
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Apr 22, 2024
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up next on the program, it is tesla's tipping point. >> this a lot to look forward to in 2024 and tesla is currently between two major growth waves. we are making sure that next growth wave driven by next gen vehicle, self-driving projects is executed as well as possible. jonathan: that conversation up next. live from new york, this is bloomberg. ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and events, to email and sms marketing. constant contact delivers all the tools you need to help your business grow. get started today at constantcontact.com constant contact. helping the small stand tall. but i couldn't find pilates anywhere. so i started my own studio. and with the right help, i can make this place i love even better. earn up to 5% cash back on business essentials with the chase ink business cash card from chase for business. ♪ jonathan: 41 minutes away from the opening bell, equities positive by 0.1% on the s&p. 4.63.94. under surveillance this morning is
up next on the program, it is tesla's tipping point. >> this a lot to look forward to in 2024 and tesla is currently between two major growth waves. we are making sure that next growth wave driven by next gen vehicle, self-driving projects is executed as well as possible. jonathan: that conversation up next. live from new york, this is bloomberg. ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from...
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Apr 16, 2024
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we're not quite at the tesla headquarters yet. we're actually at the warm springs bart station here. this is where we heard where the protest was going to start today and through what we're hearing on social media was going to move from the warm springs park station here in fremont down to that tesla headquarters there. now, as you guys were saying, this is the 3rd major protests we've seen throughout the bay area today. first will be on the golden gate. then 80 near oakland and that now here at the bart station, the warm springs, bart station here in fremont now looking at social media post, people organizing this bay, we're going make their way down to the tesla headquarters. people have been gathering here at the parking lot at the warm springs, bart station for the last maybe about 45 minutes or numbering about maybe 2, 3, maybe 4 dozen people. and again, like i said, be working to make their way down to the tesla headquarters, we're going to be working to find out more information about the reasoning behind the tesla headquar
we're not quite at the tesla headquarters yet. we're actually at the warm springs bart station here. this is where we heard where the protest was going to start today and through what we're hearing on social media was going to move from the warm springs park station here in fremont down to that tesla headquarters there. now, as you guys were saying, this is the 3rd major protests we've seen throughout the bay area today. first will be on the golden gate. then 80 near oakland and that now here...
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Apr 22, 2024
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it will be a tough year for tesla. it is not getting better right now. >> it is not getting better right now. that speaks to the price target of $85 which is a 40% decline. you are sending mixed signals. they are making the cars more attractive. the issue may be margin. this is a company that a lot of people say is an a.i. play and the money is made in the robotaxi and other things down the line. >> bulls on the stock look at the a.i. and they look at robotics. the whole thing of the robotaxi, we will not get a robotaxi on 8/81, but a cyber taxi. it may have fsd in it, but not level 4.5. it will not take you to the grocery store or bring you to grandma's while you play video games in the backseat. rob robotics, boston dynamics crushes tesla. elon musk was making fun of their rowbotics last week. tesla needs to focus on selling cars. >> it is a car company, not a software company that makes cars. you say it is firmly a car company. i want to get to other headlines. laying off 10% of the work force last week and shares d
it will be a tough year for tesla. it is not getting better right now. >> it is not getting better right now. that speaks to the price target of $85 which is a 40% decline. you are sending mixed signals. they are making the cars more attractive. the issue may be margin. this is a company that a lot of people say is an a.i. play and the money is made in the robotaxi and other things down the line. >> bulls on the stock look at the a.i. and they look at robotics. the whole thing of...
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Apr 23, 2024
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let's jump back in on tesla. the stock is higher than we were before, by more than 9% as this conference call continues. gene munster is with us again to dig into the details gene, tell us what you've been hearing. >> elon started the call by saying the timing, to giving more context on the timing of this next generation vehicle, still unclear if it is -- has a steering wheel or a robo-taxi, but he said expect it early in 2025, or potentially late this year i think late this year, the probability of that is slim to none, but that did cause shares to move from being up about 8% to up about 9.5%, so, the market liked that quick context, again, there was talk a few weeks ago that this whole initiative was going to be paused, and now they're talking about this being accelerated, and so, i think that has been the pivotal point on the call so far. >> all right, giving us a timeline, though maybe unbelievable you got the believers out there. thank you, gene. >> thank you. >>> moving onto pulte group. the home builder be
let's jump back in on tesla. the stock is higher than we were before, by more than 9% as this conference call continues. gene munster is with us again to dig into the details gene, tell us what you've been hearing. >> elon started the call by saying the timing, to giving more context on the timing of this next generation vehicle, still unclear if it is -- has a steering wheel or a robo-taxi, but he said expect it early in 2025, or potentially late this year i think late this year, the...
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Apr 23, 2024
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tesla is down month to date. roku is down seven. rates are going up, it is not the greatest time in the world to own. nonprofitable and high multiple tech. >> i remember us having this conversation a few years ago, we were talking about the rate raising cycle. and the nonprofitable stock. the impact that higher rates have on these companies. the higher and longer story. we talked about this a lot this year. three cuts, now zero cuts, the material impact. not good. this is why we are seeing the price hashing. >> these long-duration stocks versus nonprofitable stocks that become profitable. look at the one-year performance of these two names, uber is up 128% . >> up 120% over the last year to date. we've been looking at this for quite some time. we saw a little bit of material pull back over the last few weeks. 16% off the 52-week high. mobility up 29%. they are hitting on all cylinders. they have struck a new culture. there is a lot of earning potential going forward. we decided to add a small position. >> it is free money. when mone
tesla is down month to date. roku is down seven. rates are going up, it is not the greatest time in the world to own. nonprofitable and high multiple tech. >> i remember us having this conversation a few years ago, we were talking about the rate raising cycle. and the nonprofitable stock. the impact that higher rates have on these companies. the higher and longer story. we talked about this a lot this year. three cuts, now zero cuts, the material impact. not good. this is why we are...
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Apr 17, 2024
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we'll see what tesla promises at its upcoming announcement this summer. back to you. >> thank you, scott. >>> all right. speaking of summer, we are now 100 days out from the summer olympic games. and here we go, a live look at paris. all day here on nbc bay area, we are counting it down. >> the lineup for the latest dream team may provide a boost to warriors fans feeling a little blue. the roster just out for team usa's men's basketball team, and it is star studded. it includes 12 nba players, seven are former olympic goad medalists, including lebron james and kevin durant. for the first time, steph curry will be shooting for gold, making his olympic debut. he should now have some time to rest up after the warriors bowed out of the postseason last night in sacramento. probably why he's able to play in the olympics. >> that's true. he's not alone there. bay area athletes, one of them who has punched his ticket to the games is an east bay native who started his sport just at 3 years old. >> little but mighty. gavin thomas has c.j. nicholas' story. >> report
we'll see what tesla promises at its upcoming announcement this summer. back to you. >> thank you, scott. >>> all right. speaking of summer, we are now 100 days out from the summer olympic games. and here we go, a live look at paris. all day here on nbc bay area, we are counting it down. >> the lineup for the latest dream team may provide a boost to warriors fans feeling a little blue. the roster just out for team usa's men's basketball team, and it is star studded. it...
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Apr 21, 2024
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never a dull moment at tesla. his biographer described this as elon musk in daemon mode. >> even by elon musk standards it has been a wild week. started off last week and with the announcement they were going to cut 10% of their global workforce, about 14,000 jobs. there are reports the cuts could be even deeper than during the week. we saw him go what he called balls to the wall on the autonomous taxi, which seems to have taken over as the company's priority from $25,000 mass-market cars, which he talked up the last earnings call. only three months ago. investors have been keen to see that move towards a mass-market car to try to fill the hole in tesla's sales that we are seeing. that was the beginning of the week. the rest of the week we saw the company try to revive shareholder votes on the 56 billion dollar pay package for elon musk struck down by a court in delaware in january. they had to recall all the cyber trucks sold in the u.s. for a faulty accelerator pedal that could lead to accidents. on the weekend
never a dull moment at tesla. his biographer described this as elon musk in daemon mode. >> even by elon musk standards it has been a wild week. started off last week and with the announcement they were going to cut 10% of their global workforce, about 14,000 jobs. there are reports the cuts could be even deeper than during the week. we saw him go what he called balls to the wall on the autonomous taxi, which seems to have taken over as the company's priority from $25,000 mass-market...
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Apr 16, 2024
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on its website, tesla says safety is the most important part of every tesla. "we design our vehicles to exceed safety standards." tesla would have done the right thing for so many times, for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for cristina, who's currently in remission from her cancer. but there's no court date set yet. zoe kleinman, bbc news. her stay in number 10 lasted just 45 days — before liz truss was forced to stand down as prime minister in 2022, following a mini budget that sparked economic turmoil. now, in a new interview ahead of the release of her book, she's revealed her hopes of a donald trump victory in the upcoming us election,and admitted how she'd welcome nigel farage as a tory mp. she's been speaking to our political editor chris mason. talk directly to the viewer, the listener who, whatever their politics, says that your time as prime minister left the uk as an international laughing stock. well, i don't... i don't think that's true. but you lasted, all the stuff about lastin
on its website, tesla says safety is the most important part of every tesla. "we design our vehicles to exceed safety standards." tesla would have done the right thing for so many times, for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for cristina, who's currently in remission from her cancer. but there's no court date set yet. zoe kleinman, bbc news. her stay in number 10 lasted just 45 days — before liz truss was forced to...
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Apr 15, 2024
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tesla in some res - ects disappointing sales. tesla in some respects changing _ disappointing sales. tesla in some respects changing the _ disappointing sales. tesla in some respects changing the market - disappointing sales. tesla in some respects changing the market or. respects changing the market or creating a market for electrical vehicles that wasn't necessarily there in the first place but proving that even a market leader like tesla is finding the market and consumers difficult to crack because it's about range anxiety, charging infrastructure and about how many people will trust these cars to get them where they want to go. i think ou are them where they want to go. i think you are right. _ them where they want to go. i think you are right. they _ them where they want to go. i think you are right, they created - them where they want to go. i think you are right, they created the - you are right, they created the market certainly here in the united states where i am. this push we have seen from the current administration
tesla in some res - ects disappointing sales. tesla in some respects changing _ disappointing sales. tesla in some respects changing the _ disappointing sales. tesla in some respects changing the market - disappointing sales. tesla in some respects changing the market or. respects changing the market or creating a market for electrical vehicles that wasn't necessarily there in the first place but proving that even a market leader like tesla is finding the market and consumers difficult to crack...
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Apr 22, 2024
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it used to be tesla but it has switched to nvidia. turnover is dominated by what retail pundits are doing. the investor crowd should be wary because they are seeing what happens when the regional crowd turns against the stock. the relative news coming from tesla is not great but the regional crowd has turned its back on it. nvidia needs to fulfill a lot promise for the whole sector. otherwise, if retail investors turned against it, could be bad for the broader markets. haslinda: earnings are one issue and the other is the yields, whether it gets to 5%. the fed -- how will it play out with more key economic u.s. data, pce, case in point. mark: our bloomberg economists expect the numbers to take up slightly which will be a problem for the fed. look at december. they were putting a lot of weight on the fact that the pce number was going to come in below 2% and give them the reason for starting on lowering interest rates. that is not happening. some disappointing cpi reports. if they get another one into the mix, people will have to think
it used to be tesla but it has switched to nvidia. turnover is dominated by what retail pundits are doing. the investor crowd should be wary because they are seeing what happens when the regional crowd turns against the stock. the relative news coming from tesla is not great but the regional crowd has turned its back on it. nvidia needs to fulfill a lot promise for the whole sector. otherwise, if retail investors turned against it, could be bad for the broader markets. haslinda: earnings are...
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Apr 21, 2024
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and tesla has announced _ vietnam, costa rica. and tesla has announced plans _ vietnam, costa rica. and tesla has announced plans to - vietnam, costa rica. and tesla has announced plans to set - vietnam, costa rica. and tesla has announced plans to set up| has announced plans to set up in mexico too, will be in the country replaces china as the us parts was main trading partner. a significant change in summer caution of the wider geopolitical struggle. the united states _ geopolitical struggle. the united states is - geopolitical struggle. tie: united states is having problems with this in mexico does not have the current administration, we are willing to deal with this triangular relationship.— to deal with this triangular relationshi. ., , relationship. cross war between surnerpowers — relationship. cross war between superpowers but _ relationship. cross war between superpowers but mexico - relationship. cross war between superpowers but mexico must l relationship. cross war between l superpowers but mexico must be pragmatic if he wants to reap the long—term benefits of this
and tesla has announced _ vietnam, costa rica. and tesla has announced plans _ vietnam, costa rica. and tesla has announced plans to - vietnam, costa rica. and tesla has announced plans to set - vietnam, costa rica. and tesla has announced plans to set up| has announced plans to set up in mexico too, will be in the country replaces china as the us parts was main trading partner. a significant change in summer caution of the wider geopolitical struggle. the united states _ geopolitical struggle....
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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 16, 2024
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by 5:30 they started walking towards this side of the tesla factory. you can see all of the demonstrators who have been part of this economic blockade. we tried to talk to some of them to understand why they decided to come here to tesla. and this is what they said. >> i think ultimately everybody just wants to go home and live in peace. that is all we are here fostering. this blockade is not to be targeting the employees the employees here will be safe. we want nothing to do with that. this is to force the economic blockade and show we will not be complicate with genocide wherever it may be. >> reporter: sara, this is what is happening live right here in fremont outside of the tesla factory. we are trying to understand why exactly they decided to come here to tesla. we will keep trying to get these details for you. right now this is what is going on right now. if you near this area you probably want to avoid getting on cata road and 880 for the next few hours. this is not looking that it is going to end any time soon. we are going to get back to you w
by 5:30 they started walking towards this side of the tesla factory. you can see all of the demonstrators who have been part of this economic blockade. we tried to talk to some of them to understand why they decided to come here to tesla. and this is what they said. >> i think ultimately everybody just wants to go home and live in peace. that is all we are here fostering. this blockade is not to be targeting the employees the employees here will be safe. we want nothing to do with that....
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Apr 23, 2024
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tesla is stable. haslinda: peter in sydney, and you so much. we talked about cut in prices in china. a check on how stocks are doing in asia. head of tesla's earnings. check where we are. byd is down he in the opposite direction. as we count down to tesla's earnings, this is one company that cut prices not just in china, but other markets like u.s. and germany after disappointing sales. one more look at the chinese bubble tea maker chow by dow plunging 40% in its trading debut, underscoring the challenge the financial hub is facing. we have of companies, 10 companies have made ipo's to risk $300 million. chow by dow down 35% on its debut. that is it from bloomberg markets: asia. this is bloomberg. ♪ ahhh ahhh ahhh her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the
tesla is stable. haslinda: peter in sydney, and you so much. we talked about cut in prices in china. a check on how stocks are doing in asia. head of tesla's earnings. check where we are. byd is down he in the opposite direction. as we count down to tesla's earnings, this is one company that cut prices not just in china, but other markets like u.s. and germany after disappointing sales. one more look at the chinese bubble tea maker chow by dow plunging 40% in its trading debut, underscoring the...
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Apr 23, 2024
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tesla since its ipo. you can see there only two years have been profitable for short sellers. this is on track to be one of them shorts are up about $9 billion guys >> that trade finally paying off there, kate. interesting stuff. thank you. >>> speaking of the magnificent seven, tesla shares trying to avoid their longest losing shares ever ahead of earnings tonight. we'll get you ready with one analyst warning of more pain ahead. strap in we'll get you ready. we're back after this. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly. this is our future, ma. godaddy airo. creates a logo, website, even social posts... in minutes! -how? -a.i. (impressed) ay i like it! who wants t
tesla since its ipo. you can see there only two years have been profitable for short sellers. this is on track to be one of them shorts are up about $9 billion guys >> that trade finally paying off there, kate. interesting stuff. thank you. >>> speaking of the magnificent seven, tesla shares trying to avoid their longest losing shares ever ahead of earnings tonight. we'll get you ready with one analyst warning of more pain ahead. strap in we'll get you ready. we're back after...
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Apr 16, 2024
04/24
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they said the reasoning behind tesla's because tesla is one of the largest theft auto manufacturers here. they want to send a message and say tesla and elon musk, the founder of tesla, complicit in what's these protesters are saying about in their chance. calling out lot to say about where they they're saying that he is complicit in what is going the goal is right now, though, they want to march from the warm springs bart station down to the tesla headquarters. they say that will hopefully happen. about 20 minutes ago. they said they wanted happen. so it may be the next 10 minutes. we will see them and start to happen. we did. you want organize or say they are waiting for a bus that shot of the people for the people walk that i did ask what are you organizers, how long they're willing to have this protest lasted and he said, however, long it takes and that will be marching along with them to find out what happens when the guns of tesla and hopefully speak to more of the organizers here find out more along with this protest. what's happening here for jack, a juneau, if any of those folks
they said the reasoning behind tesla's because tesla is one of the largest theft auto manufacturers here. they want to send a message and say tesla and elon musk, the founder of tesla, complicit in what's these protesters are saying about in their chance. calling out lot to say about where they they're saying that he is complicit in what is going the goal is right now, though, they want to march from the warm springs bart station down to the tesla headquarters. they say that will hopefully...
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Apr 22, 2024
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tesla reports tomorrow. shares down about 4.6% at the moment, adding to what has been a rocky here for tesla. you also have on semi hitting lows. currently, shares off by about 2%. as we have been mentioning all show, it is a consequential week for corporate america with nearly $17 trillion in s&p market cap reporting this week ahead of what will be a very big week. the s&p 500 is still green but just so. we had been about .5% higher earlier in the session. you can see gains slipping a little bit. that follows three straight weeks of losses. we have not seen that since september of 2023. take a look at the nasdaq 100. i'm going to call it unchanged. sentiment clearly souring as trading gets underway on this monday ahead of tesla's earnings tomorrow. other tech giants take the stage including the likes of meta. "bloomberg technology" is coming up next. that does it for "bloomberg markets." i am katie greifeld and this is bloomberg. ♪ announcer: from the heart of where money, and innovation collide in silico
tesla reports tomorrow. shares down about 4.6% at the moment, adding to what has been a rocky here for tesla. you also have on semi hitting lows. currently, shares off by about 2%. as we have been mentioning all show, it is a consequential week for corporate america with nearly $17 trillion in s&p market cap reporting this week ahead of what will be a very big week. the s&p 500 is still green but just so. we had been about .5% higher earlier in the session. you can see gains slipping a...
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Apr 17, 2024
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keep the focus on tesla, dom. thank you, because that company is asking its shareholders to vote yet again on elon musk's mu multibillion dollar pay package after a court voided it a number of months ago. the stock has been down 20% even since then, and you can see down some 37 plus percent for the year. here to talk about the road ahead, elevation partner's founder, early facebook and google investor roger mcnamee. i bet i know but where do you come down on putting this back to shareholders for a vote on stock obviously that was promised to him but not delivered because of this court decision overturning the will of shareholders originally who voted in favor of it back in 2018. >> my assumption is shareholders will vote for it again, but i think this is the real test of tesla as a mean stock because it has been so tightly associated with elon musk. musk's brand has taken huge hits over the past year, and it's 50 plus billion dollars which in the context of shareholders is a real number and -- but i do assume they
keep the focus on tesla, dom. thank you, because that company is asking its shareholders to vote yet again on elon musk's mu multibillion dollar pay package after a court voided it a number of months ago. the stock has been down 20% even since then, and you can see down some 37 plus percent for the year. here to talk about the road ahead, elevation partner's founder, early facebook and google investor roger mcnamee. i bet i know but where do you come down on putting this back to shareholders...
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Apr 16, 2024
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this time we are talking about tesla. >> tesla is cutting more than 10,000 jobs. let's bring in got woman who is outside the tesla factory in fremont. scott, what do you know? >> reporter: good evening jessica and ross. over the past couple of months , tesla has already seen your car deliveries, they see declining stock price and they brought in complaints about cyber trucks. just today, the company announced a 10% reduction in its workforce. a 10% cut in tesla's workforce means about 14,000 employees. in a memo ceo elon musk says the move is necessary to prepare them company for its next wave of growth. some blame musk and others for driving customers away. >> he has made it difficult, he expresses white supremacist views on a daily basis, it's really hard to sell anything in that environment. >> ross garber invest in and drives a tesla but he says he hears from frustrated would-be owners regularly, especially those waiting for the company's new cyber truck. >> tesla taking tons of money for people from cyber trucks that they bought, that should be delivered, tha
this time we are talking about tesla. >> tesla is cutting more than 10,000 jobs. let's bring in got woman who is outside the tesla factory in fremont. scott, what do you know? >> reporter: good evening jessica and ross. over the past couple of months , tesla has already seen your car deliveries, they see declining stock price and they brought in complaints about cyber trucks. just today, the company announced a 10% reduction in its workforce. a 10% cut in tesla's workforce means...
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Apr 15, 2024
04/24
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tesla is laying off workers. tech recorder scott budman will be joining us with the new numbers and the impact to the industry. you mentioned earlier, this tax day, if you haven't filed, we got you covered. we have tips for you last minute filers. we want to know, what training story would you like to see later on in this newscast? i have a pull up now on my instagram. you still have a few more minutes to vote if you haven't already. vote for one of these, do americans get enough sleep? who beat apple for tophone? p >>> it is a bombshell announcement from tesla, the silicon valley company plans to cut 10% of its workforce and it's one of dozens of tech companies reporting layoffs recently. live from tesla's tremont factory is scott budman. scott, this is a sizable layoff. >> reporter: it really is audrey. 10% would be about 14,000 employees of tesla, and this is a company that has regularly grown and sold a ton of electric cars, but lately it has stumbled on tough times. a combination of lots of competition from
tesla is laying off workers. tech recorder scott budman will be joining us with the new numbers and the impact to the industry. you mentioned earlier, this tax day, if you haven't filed, we got you covered. we have tips for you last minute filers. we want to know, what training story would you like to see later on in this newscast? i have a pull up now on my instagram. you still have a few more minutes to vote if you haven't already. vote for one of these, do americans get enough sleep? who...
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Apr 15, 2024
04/24
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ed: tesla. it's a big one. i broke the story this morning that the leader a powertrain energy at tesla, one of only four named executive officers, has resigned and left the company. the stock is down 3.3%. we also confirmed elon musk has told staff that 10% of the workforce will be cut in pursuit of cost-reduction productivity and will be given duplicate roles. -- recalling duplicate roles. apple, data showed shipments of about 50 million iphones in the first quarter, down 10% year on year. that is third-party data. it's not just an apple story, with the stock down .8%. it's the story of the chinese domestic smartphone makers having success growing market share in a key market. we will speak to mark, it's complicated, but apple is lower. whether that is a cause or not, who knows. a lot going on around the world. caroline: the iranian attack on israel is what a lot of people are talking about. they intercepted the overwhelming majority of 300 missiles and drones fired by iran. joining us now, ethan. thank you fo
ed: tesla. it's a big one. i broke the story this morning that the leader a powertrain energy at tesla, one of only four named executive officers, has resigned and left the company. the stock is down 3.3%. we also confirmed elon musk has told staff that 10% of the workforce will be cut in pursuit of cost-reduction productivity and will be given duplicate roles. -- recalling duplicate roles. apple, data showed shipments of about 50 million iphones in the first quarter, down 10% year on year....
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Apr 23, 2024
04/24
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when it comes to tesla, the problems continue. overnight we have an exclusive story about the newly formed marketing team part of those companywide layoffs. this was supposed to be to get the message out in advertising. when you saw the inflation reduction act and tax subsidies, a lot of people bought ev's. now the demand is starting to wane. jonathan: we have had problems not just for tesla but apple as well. more bad news for apple. iphone sales in china falling 19% during the march quarter, the worst performance there since covid in 2020. anne-marie: it is losing market share. this is a more important point that they are taking over which raises the question, how do they get a foothold. this is the reason why apple, tesla, they are in a world of their own. they are dealing with the china question in terms of demand but they are dealing with a broader demand question for their products which is why we are seeing this for sure -- fiss ure in big tech earnings. lisa: the most interesting number was huawei and comcast climbed. you
when it comes to tesla, the problems continue. overnight we have an exclusive story about the newly formed marketing team part of those companywide layoffs. this was supposed to be to get the message out in advertising. when you saw the inflation reduction act and tax subsidies, a lot of people bought ev's. now the demand is starting to wane. jonathan: we have had problems not just for tesla but apple as well. more bad news for apple. iphone sales in china falling 19% during the march quarter,...
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Apr 22, 2024
04/24
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it's proving to be a tricky period for tesla. its shares have fallen by around 40% since the beginning of the year. and last week its big boss, elon musk, told us workforce he would cut their numbers by 10%. that impliesjob losses in the region of 14,000. in recent days, mr musk postponed a planned trip to india. this week, he was due to meet the prime minister, narendra modi and reveal plans to enter the south asian market. on his own social media platform, x, mr musk revealed that unfortunately very heavy tesla obligations require the visit to india be delayed, but he looked forward to visiting later this year. mr musk may face tough questions later when tesla releases its latest quarterly results. at the beginning of the month, it emerged that the company's vehicle deliveries declined in the first quarter of 2024 for the first time in nearly four years. the company is cutting the price of its full self—driving software in the united states by a third from 12000 to 8000. and it's slashing its vehicle prices in multiple market
it's proving to be a tricky period for tesla. its shares have fallen by around 40% since the beginning of the year. and last week its big boss, elon musk, told us workforce he would cut their numbers by 10%. that impliesjob losses in the region of 14,000. in recent days, mr musk postponed a planned trip to india. this week, he was due to meet the prime minister, narendra modi and reveal plans to enter the south asian market. on his own social media platform, x, mr musk revealed that...
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Apr 23, 2024
04/24
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we will be watching tesla after the bell. we have the s&p 500 up more than 1% and the nasdaq 100 0.4% in the two-year yields are getting a nice drop lower in yield. we will keep an eye on the bond market as well. that does it for bloomberg markets. this is bloomberg. ♪ (♪♪) at enterprise mobility, we never stop looking for new mobility solutions. because sometimes the best road forward, is the one you didn't expect. (♪♪) i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your services has never been easier. get connected on the day of your move with the xfinity app. can i sleep over at your new place? can katie sleep over tonight? sure, honey! this generation is so dramatic! move with xfinity. >> from the world of politics to the world of business. this is balance of power. ♪ >> live from washington dc. lisa: joe:
we will be watching tesla after the bell. we have the s&p 500 up more than 1% and the nasdaq 100 0.4% in the two-year yields are getting a nice drop lower in yield. we will keep an eye on the bond market as well. that does it for bloomberg markets. this is bloomberg. ♪ (♪♪) at enterprise mobility, we never stop looking for new mobility solutions. because sometimes the best road forward, is the one you didn't expect. (♪♪) i don't want you to move. i'm gonna miss you so much. you...
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Apr 16, 2024
04/24
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KGO
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. >> we're tracking the day of action from ripping down fences outside tesla to stopping traffic on 8-80 in oakland and trapping drivers for hours on the golden gate bridge. >> i'm feeling pretty frustrated. >> we just want to get to home or work. everybody just mad. >> plus, a pastor deeply involved in the south bay community now charged with sexually assaulting a child. allegations of years of abuse. and tonight, one of the pastor's own children is speaking only to abc seven and an emotional night for a stanford star, cameron brink, heading to the wnba. >> and her first congratulate comes straight from steph curry's mom. >> this is just such a nerve wracking environment, but we work so hard for this. >> a lot to get to tonight. all on abc seven news at 11. >> always live abc seven news starts right now, and we begin tonight with the protests across the bay area, the last one wrapping up just hours ago with police firing pepper balls. >> good evening. i'm ama daetz and i'm dan ashley. >> thanks for joining us. now these gatherings were not massive in attendance, but they had a huge i
. >> we're tracking the day of action from ripping down fences outside tesla to stopping traffic on 8-80 in oakland and trapping drivers for hours on the golden gate bridge. >> i'm feeling pretty frustrated. >> we just want to get to home or work. everybody just mad. >> plus, a pastor deeply involved in the south bay community now charged with sexually assaulting a child. allegations of years of abuse. and tonight, one of the pastor's own children is speaking only to abc...
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Apr 23, 2024
04/24
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CNBC
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shorting tesla, though, that's been risky bears have lost a total $52.5 billion, shorting tesla since inipo, only two years have been profitable for short sellers this is on track to be one of them the shorts are up $9 billion this year, guys. >> how do we know how much shorts, as an agoraget, have made or lost, across these names that you mentioned i'm just wondering, how do you determine that >> so, thanks to s3 partners, great about sending us some of this data, this is mostly hedge funds, by the way. i should mention this is not a lot of retail interest they measure this based on how much is being borrowed, which they can see sort of the percentage of the float that's shorted. so, they calculate that. it sounds like they have sort of a proprietary model. i've asked that myself, tyler. they're good with coming out with some of the tyler there's a variety of different data points. the percentage of the float, so echbl though these tech names are the most widely shorted, you see certain stocks with a i hooer percentage of the float, meaning there's more short interest in those partic
shorting tesla, though, that's been risky bears have lost a total $52.5 billion, shorting tesla since inipo, only two years have been profitable for short sellers this is on track to be one of them the shorts are up $9 billion this year, guys. >> how do we know how much shorts, as an agoraget, have made or lost, across these names that you mentioned i'm just wondering, how do you determine that >> so, thanks to s3 partners, great about sending us some of this data, this is mostly...
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Apr 23, 2024
04/24
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. >>> tesla is under fire. ahead on nbc bay area, we'll show you the timeline of events that make investors nervous. >>> with spring in the air, and spring cleaning and saying good riddance to some of the unwanted junk. the bay area company trying to make sure the trash ends up nowhere near our landfills. >>> and summer is not yet -- school is not yet out for the summer. but we're already thinking ahead. here at nbc bay area and telemundo 48 we're trying to help families who can't afford back-to-school basics. we're collecting backpacks and other school supplies. we've made it easy for you to help. nbcbayarea.com/donate to our schools. you can drop them off in person thursday from 2:00 to 6:00 at town and country village in palo alto. >>> elon musk's x platform is launching a dedicated app for smart tv sets. the app won't have ads, for now. that's the caveat. x didn't reveal a date for the platform's release, but says it will be coming soon to smart tvs. a lot of people are comments that the platform looks simi
. >>> tesla is under fire. ahead on nbc bay area, we'll show you the timeline of events that make investors nervous. >>> with spring in the air, and spring cleaning and saying good riddance to some of the unwanted junk. the bay area company trying to make sure the trash ends up nowhere near our landfills. >>> and summer is not yet -- school is not yet out for the summer. but we're already thinking ahead. here at nbc bay area and telemundo 48 we're trying to help...