emily: i'm emily chang and this is "bloomberg technology." tesla says it will be sustainably profitable and cash flow positive by the end of the year. and they said the higher target for the model three aiming to make 6000 cars a week by the end of the month. still, the company managed to ban -- burn through $730 million. we will have analysis for the hour. elon musk speaks out and we will

hear from the tesla ceo on the earnings call. will he push back on analysts questioning his execution? t-mobile reports its best second-quarter ever. as the company and sprint push to close their merger, we will speak to t mobile. surging in late trading after second-quarter results missed estimates. but, revenue beat expectations. they burned through $740 million in the. , but that was less than the 900 million analysts had predicted. elon musk is setting him self more targets and now the goal is 6000 model threes a week by the end of this month. remember the tent outside of the factory? maybe it is doing the trick. we bring in bloomberg businessweek's max chafkin. seeming to bes the words about sustainable

profitability and cash flow positive. is it possible? max: the big question on profitability is when will they start making investments in these future products? elon musk has talked about a smaller suv than the model x. all of the things he wants to do will cost a huge amount of moneyb, but it appears the big expenses are not going to come until next year so maybe you'll the able to swing it. the big headline for me as production numbers. we knew they made 5000 and one week, but tesla is indicating they have hit this number multiple weeks and expect to get to 6000 next week -- at the end of this month. that would be impressive and address investor concerns. emily: we know a little bit more about the production issues and what they were. he went overboard with the robots and put the production

line inside of the tent. humans seemed to be making the cars faster than the robots. believe the 6000 car a week target? ivan: i think it could be reachable. it seems the 5000 car a weak target is now reachable, which changes everything. backlog ofill huge demand. as production increases, i think you could see more orders for the car and it also changes the cash flow. it also -- the more cars it produces, it puts them in a better position to negotiate with vendors. emily: all of this as the trade war continues to escalate now. the new reporting the trump administration is considering raising tariffs on the initial $250 billion worth of goods from 10 to 25%.

tesla has also indicated in the results that the tariffs are hurting them in china saying in the letter today there show hold letter, -- shareholder imports from the u.s. have increased to 40% as a result. they had to adjust pricing in china to offset the cost read this will likely have negative impacts on our volumes in china. max, translate. china is an important market for electric cars generally. as a has been talking recently in the past couple of weeks or months about building a factory in china which could the huge for them. right now, it is not a huge part of the business. i do not think the tariff issue will impact them in a big way. that said, any time a company or a prominent company is making investments in china and you have donald trump who is

somewhat unpredictable, that can create uncertainty for investors. emily: this factory is also going to be really expensive, the new china factory. they say construction is expected to start in the next few quarters. ivan, is that a start -- smart move given all the difficulties in hitting these marks they set for themselves or is that their choice? ivan: it's important they build one in china. at some point, they will be the largest car market in the world. they will also be the largest car market for electric choice? ivan: vehicles because they have a goal of being fully electric by 2030. that is a huge opportunity for tesla. i think the majority of cars they are producing now are for sale in the u.s.. there is enough to manage in the u.s. -- enough demand in the u.s. to fill production run for a long time. emily: the cause 20 minutes away tweeting on

unrelated texts. he has been apologetic in recent days four times where he admitted to crossing the line. do you think we will get a better deal on today? ivan: i would expect a happy worrier rather than the pug gnatiouss we saw -- pu guy we saw on the last call. -- affectingng investor sentiment. my expectation is that he will take those things to heart. has also had an ok quarter so you figure he is probably in a better mood. the interesting thing about the company is that elon musk wears his heart on his sleeve to such an extent that people have a little more transparency into the results than with other companies. in the days leading up to this, the tweets were pretty normal.

i think that suggests the normal results. i would expect that to continue for the next hour or two. last call, he called the analyst questions boneheaded and cut them off. i'm assuming you don't want to hear that, but would you want to hear? ivan: you want to hear that they are addressing the issues and that there would be clarity into future capital needs because that is a big concern and big level of uncertainty. to andve they will have should have to raise capital. the need money to raise factory up in china. they will need money to produce the semitruck which also has a lot of potential. if he could add clarity to capital needs, i think the market and analyst will like that. i agree that he had a great quarter so his demeanor will be better we shall see. -- better. emily: we shall see.

max, we still have you for the hour, ivan, thank you for being with us. google is launching a censored version of its search engine that will block results that beijing considers sensitive. the company has been working on a project codenamed dragonfly since the spring of 2017. this will be an about-face from google when it refused to self censor content previously. one cloud provider disappointed investors with the third-quarter forecast. can it prevail as large customers like apple and amazon cut out the middleman? if you like bloomberg news, check us out on the radio, look -- listen to us on the in therg radio app, and u.s., sirius xm. this is bloomberg. ♪

emily: akamai is in the business for securing the cloud for its customers and the business took a hit after reporting second quarter's results falling as much as 70% on wednesday. this is after their forecast for the third-quarter missed expectations. i have the occam i ceo here with me in the studio. akamai ceo here with me in the studio. how do you think that's what you think analysts reacted this way? >> we actually raised guidance for the year and had a second -- good second quarter. but the fourth quarter is looking strong and for the year, strong. profits are growing 34% year-over-year. it is hard to be disappointed

there and the security business is booming. emily: so where do you think this is coming from? you have a lot of cloud providers using their own delivery networks. >> churn was a record low for us. some of the cloud giants do deliver some of their own content, but our media business including those companies grew 8% in the quarter. a good performance with a bright future. and what areas are you taking share? >> the leading analyst firms, gardner, all of them named us as a leader when it comes to stopping the dos attacks, web app firewalls. we are the largest provider there and that business is growing well over 30%. we are doing very well. we are gaining share in media. our traffic has -- the growth

rate of the traffic has accelerated four quarters in a row. that is well beyond the internet traffic as a whole. that is led by video for over the top and gaming. we are gaining share on the market there as well. gaming is starting to explode and we see more original players getting into -- we see more players getting into original content. ourhat is great for business because more people are adding their hours online. higher-quality means more bits need to be delivered to see a better picture. why ourthe key reason traffic is growing rapidly and revenue is growing at a very good rate. emily: you highlighted m&a during the analyst day last month. where are you interested in making acquisitions? >> we are interested in a variety of issues. security is interesting for us because we are growing rapidly there. some of the valuations don't

make sense. we are working hard to improve our margins which means it is hard to buy a company because few companies have our margins. we are careful with what we buy, but we are actively looking in all areas of our business. emily: you are on the frontline and we have been talking a lot about cyber security and the threat from russia in particular to our elections. are you seeing anything in your network that is concerning? >> i think cybersecurity is concerning overall. your nationstates, very powerful ones engaging. organized crime, a lot of investment in cyber attack. this is a big deal. not just for the elections, but just across the board. we are doing a lot of developments at akamai. we've a product that is stopping fraud at banks and stopping people from taking over your

bank account and draining your funds. we're making progress and defending major enterprises on these attacks. you're coming up on your anniversary. what is the next 20 years going to look like? >> it has been an amazing 20 years to see what has been done on the internet and what akama : has done. we're just at the beginning of what could happen on the internet. and itk at blockchain could revolutionize the financial industry and how transactions are done. you look at the future for enterprise and how they manage security. we are entering an age of zero trust. yourld ways of defending enterprise, data, apps, and ploys, do not work anymore. right, we will see you again in 20 years if you're

still here. . >> we look forward to it. [laughter] emily: always great having you here. up next, a product that might know your body better than you do. how the company is bringing 3-d scanning technology into the home. and we're standing by for tesla second-quarter earnings call which is said to be happening in just under 15 minutes. last quarter's call got rowdy. the stock is still up after hours. this is bloomberg. ♪ is bloomberg. ♪

emily: it goes way beyond the normal scale. naked lives has made a 3-d -- labs has made a 3-d scanner that people can buy for their homes. it delivers things on your body

like weight, height, bmi, measurements. million.ny raised $14 in early uber and spacex investor joins us now. great to have you on the show. is this something you imagine someone would have in their homes like a scale or is this a more niche case? >> originally, the case would have it in your home. the person who cares a lot about personal fitness and so the price point is higher -- this goes for who cares a lot about personal fitness and so the price point is high. when television's first started out, they were $23,000 for the five screen tv. eventually, we can drive the price down the scale. emily: how does the technology work? >> it has centers that do depth reading. when you stand on the scale and for your arms out -- have you

tried it? emily: i have not. we would love to. >> you basically stand on the pedestal and it turned around. in a minute, you get about what looks like a solar server image of yourself. you are able to see a 3-d model of yourself. emily: talk to me about the potential here, the kinds of information this can give you and how it might change your life or how you live it. >> i think we are scale of sestamibi are obsessed with numbers that do not ultimately matter for your health. if you get on a scale and you are five or 10 pounds heavier, but you are making dietary changes and working out of at the gym, do those changes matter? you can see what the life choices are doing to impact your body with of this. sometimes when you're working out, you're gaining weight. you might get discouraged by getting on the scale everyday.

emily: in light of the facebook data scandals, what companies know about us and if they are being honest and even know where our data has gone. veryked labs takes it seriously and that is why all the scandal don on a vice. emily: so it is stored there -- done on device. emily: so it is stored there? >> yes. emily: you joined founders fund a couple of years ago and you were an investor before that. what you think are the big megatrends right now? >> i know what i am personally passionate about. i do not know that i follow the market and try to find the biggest trends, but i'm passionate about the future of entertainment. i've been doing a lot of investing in that area and turning over rocks. i don't know if you have heard about a virtual pop star who is a hologram. billions of people watch her.

there is little michaela, she is a virtual influencer. there are things am trying to look at and find out what is the next pokemon go. how are we going to interface with our phones, how is augmented reality going to affect us? there are things i'm really excited about. emily: you invested in uber, do you think scooters on the next thing? >> my personal opinion is no. i do think they are necessary for certain people. people are really happy about them and they are cost-effective and an affordable way to get around town. emily: i have to ask you about you line because you invested in spacex. you that he is running to companies, has a lot of side projects, tweeting all the time including now, this that concern you as an investor from an execution perspective? >> we are pretty bullish on the lawn -- on elon.

it is a lot to take on and i think he can show -- he has shown that he can do it. i do not speak to him on a day-to-day basis so i do not know all of what he is doing. emily: what about bitcoin? turn ineen an unusual the venture in general. do you think that -- are you still bullish and do you expect to make more investments they are given the volatility in price? >> as a team, we're still bullish. i'm personally also still bullish. i hold on for dear life. is extremely valuable. it is not the best way to transact, so i think there will be other different currencies better for that, but it is good for stored value. emily: a lot was talked about

when peter teal backed donald trump and how that impacted other than the fund. experienceanged your or changed the way you guys do business interacting? >> i think it made us closer as a firm. mostly because we like to ate diversity of thought. not everybody there agrees with everyone. -- we have people who voted for bernie sanders and people that have voted for donald trump. we talk about a lot of things that have nothing to do with politics like the future of the world and exciting things we could be investing in. politics has little to do with what we invest in. anything, i would think it would make us stronger because we got to know each other and collaborate more and we had to be pretty strong. emily: have things changed since he moved to l.a.? >> we see a more. his office was right next ours

and he can walk over for an hour or so. now he comes in and is therefore a full day or two. we see him in the office more as a result of him being in l.a., which is great. emily: in san francisco, we see increasing anti-tech policies like bands on the scooters, limits on the commuter us is. i saw you tweeting about the promise of a silicon valley in the midwest. why stay in san francisco at all? see the firm moving elsewhere or do you see, and if so, where? >> it is always possible and we are not discussing in now. i think we've started looking outside of silicon valley for other possibilities like the next company might not be in our backyard. we're looking at the midwest, asia, all over the place. we are no longer location specific. that -- we are not going

to stop investing here and being here in the foreseeable future. emily: you know i'm interested in diversity issues and you have spoken out on them yourself. what you think is missing from the conversation about diversity in silicon valley? >> diversity is often something you don't see and what is not on the outside. queer, andas gender thank you for asking about my pronoun. think that was very inclusive so thank you. when we are having these discussions, we don't understand about the neurological diversity. think that was very inclusive so thank you. like are things like that age diversity, these are things that i've don't think we are having a lot of conversations about that matter. thank you so much for keeping the conversation. up, more about has

a second-quarter results and the call minutes from now. we will discuss. this is bloomberg. ♪

emily: emily chang in san francisco. back to the top story at the moment. second-quarter results were not terrible. tesla lost three dollars per share. they knew it would be a tough quarter. was lower than the expected $900 million. we can't ignore model reproduction as it is going and the right direction meeting and beating targets. production hit 5000 cars per week multiple times in july. musk predicts 6000 by august.

now we are expecting musk to jump on. they want answers about profit. standing by to bring you all the headlines from call. , what are the headline take ways here? >> we are excited for the call. we are very much looking forward to more news about the china factory. they said china is one of the largest markets for a visa. it is also the largest for autonomous driving. we think that is the largest market opportunity ahead of tesla. we are looking forward to that. they could raise capital to support that. we are ok with that. we want them to get as many cars on the road to build their network. emily: this as trade tensions continue to rise between united states and china. in what direction they will go, we do not know. you have been diving into the numbers for the last hour or so, what else do you see that we are

not looking at? >> the big question for me that has not been answered yet, we will see what happened on the call is demand. we know that tesla, based on what they are saying, they haven't even tried to sell the cars and they are selling them well. we don't know what has happened with these hundreds of thousands of reservation holders. some analysts suggested the possibility there were lots of cancellations and tends -- and tesla has pushed back on that in the long run, that will be a big bigger question. how many people really want this car? famously, electric cars are a small percentage of the total auto market. tesla thinks that it will grow and there are a lot of reasons to think it will. it is unclear just how much and just how badly people want these things. emily: in fact, goldman put out a note saying they have seen interest decrease as availability and test drives have increased. the that concern you? tasha: i think there is more

than enough demand out there for the car. sales.seeing that in the model three sales outpaced all midsized and him sedans. -- premium sedans. we are not concerned on the demand side. we have seen great resell values of these vehicles. the model s sells for $75,000. for years later it is worth $45,000. that is $10,000 more than a comparable bmw. we think once they go autonomous you can make money off of them. we are not concerned from the demand side. emily: the bears are of course are out there. david einhorn shorting tesla, elon musk not so happy about and responded to a report from saying tos tictoc einhorn, tragic. we will send him a box of short shorts to comfort him through this difficult time. as always, punchy. max: this is the elon that

investors want to see, because he is a happy warrior. he is punchy, but he is rolling with it. in that report, einhorn was complaining about the quality of his car and saying he was going to cancel his lease. the fact that musk is taking it is a joke, that will be seen as a good sign from investors. emily: musk has opened the call with a number of other tesla executives thanking them for their mind blowing performance over the last month. he confirms they have been doing 7000 total cars weekly into july. obviously, the numbers are moving in the right direction. sustainable that is without that tent? tasha: i think tesla is working hard on that sustainability. had 5000hey said they

multiple times or people are looking for that to be continuous. to take a step back, there is a lot of undue focus on the production numbers. people are missing this long-term story that tesla is producing an unbelievable product that improves after you put it on the road. no other automaker is doing that right now. these cars improve overnight. they gain value after you acquire them as a customer. that is the tesla advantage. the software advantage. that is not going away anytime soon. they're able to attract such talent because they have the start figure elon musk. emily: as always, there are some strange stories happening on the sidelines. not the least of which is the story about margin trip, a former tesla employees that was supposedly disgruntled who allegedly came into a tesla call .enter with a weapon now there is no evidence that it

happened. can you explain what is going on here? max: no. it is very hard to understand what is going on. thing that istant going on is that you have a potential or whistleblower lawsuit. tripp has martin alleged various misuse at the manufacture. the threat is strange because it came in the context of tesla trying to clamp down on leakers. --is hard to tell whether how seriously anyone took it, particularly because it doesn't appear the local police thought it was a real issue. to take it seems seriously because didn't taking out the company about a threat? max: and it's hard to know there. he mentioned sabotage. you could imagine -- what is sabotage?

is taking aactually wrench in the gear or like leaking to the press, which at the moment it seems like that is the most likely think that martin tripp actually did. he will say it is whistleblowing. it felt to me as an outsider, someone who followed the a lot ofthere are leaks coming out and they are trying to stop those. i don't know. i don't know how it will shake out. we will see. emily: on the call, elon a lot f leaks coming out and they are trying saying majore,ce of force they should produce and the third quarter. is that music to your ears? tasha: we have confidence in tesla. they have been working on the production line to stabilize things. we know they are increasing use of automation and tweaking that. elon musk has said their main

competitive advantage will be manufacturing. clearly, he is very focused on that. he is willing to sleep there to get it done. that, we are really looking forward to tesla getting more cars on the road and acquiring the data advantage. i don't think enough people are talking about this. tesla is conducting it off of customer cars and it is using that to train the autonomous cars. it is a competitive vantage that is not highlighted enough. i look for updates on the autopilot program. emily: elon talking how they see the model three getting market share against premium sedans. we'll continue to listen to that next. no you will be back with highlights. thanks, so much for stopping by. still ahead, sprint and t-mobile may be getting closer to a deal. will it help them take on at&t and verizon? coming up, we continue coverage

of tesla second quarter results. this is bloomberg. ♪

emily: second-quarter results the call underway. abigail doolittle has been listening in and tries is now. give us the very latest. the ceo elon musk sounds very positive. if we take a look at the stock after hours, we see a big pop higher. lots of focus on the model three. they are on pace for 5000 of the model threes produced each week. if they get to 7000, that is where there was the sustained probability. -- we even heard

10,000 per week. interestingly, he said that as they get more model three south there, there could be a viral force that the customers are the best salespeople. he direct delivered a car to a customer on sunday and the customer had never even set in it. their goal is to get more of these in showrooms for test drives. right now, very orderly and upbeat conference call for tesla. emily: all right, abigail doolittle. thanks for breaking that down. second-quarter numbers are in and they are ahead of the wireless pack when it comes to adding new customers. they added one million subscribers in the quarter. impressive when you consider the four major u.s. wireless subscribers added a total of 1.8 million. that's including t-mobile. on the investor called moments ago, john leger said they are still optimistic their merger with sprint will get approval.

,ore from t-mobile headquarters great to have you back on the show. let's talk about the next quarter. we note you love the comparisons to the competition though sprint doesn't qualify as competition anymore. walk us through the highlights. >> this was just a blockbuster quarter for us. it was an all-time record quarter on service revenues. we delivered 686,000 postpaid fun that's which was the amount that if you took the entire rest of the industry and doubled it, that would be what you did -- what you would get. that includes performance by comcast. we also delivered the lowest churn in our company's history, smashing through the 1.0 barrier. our teamomething should be incredibly proud of because it speaks to the power

of the network we are delivering to consumers. about thek to us regulatory process and how that is going with sprint or any word on divestitures? mike: we announced this three months ago to the day almost. we said to them this is a proconsumer come up procompetitive deal. tell ourad a chance to story about that the government would agree. since then we have done a lot of work. we have met with every major branch of government, the ,epartment of justice, the fcc john and marcello had a chance to testify before the senate. we found that people are willing to listen to our story. the story is based on facts. it is rooted in the opportunity to build an unprecedented network that the country can't happen unless we bring these companies together. will be whathat creates a new level of competition in the marketplace. and we are able to put a network together that has seven times the capacity of our current combined networks, we will bring

competition to at&t and verizon and comcast like they have never seen before. emily: what kind of feedback have you gotten on the types of the best teachers that need to be made? mike: that's not a discussion that were having. maybe there will be a time for that. our view is that this deal as it is currently structured is proconsumer and pro-competition. we are finding a government willing to listen to that story. that is important. we are out there working very hard. we think when they see the facts and the data, they will realize this is a deal that is proconsumer and pro-competition. emily: so everyone is doing a live online tv service including now t-mobile, along with dish, at&t, google, hulu. what makes yours different? we are planning to launch our service later in the year. tv service is something -- this is a market that if ever there was one that needed to be on carrier to it is the fun.

people love their tv but hate the companies that bring them their service. they are outdated. they're not connected to your social media like or your mobile phones. we will solve those things. whens interesting is that we come together with sprint and create the new t-mobile, we will have a five g network that not only will be able to bring tv service to your home can bring real competition to broadband in your home for the first time. that is a market that needs competition like no other. emily: i'm curious what video service your customers strained the most and what that tells you about home versus mobile viewing? netflix and youtube and youtube and netflix. those are the most popular services. they take up a huge part of our overall usage and capacity. part of that is because we give netflix away to our customers as part of t-mobile one. it is a huge part of the value proposition. it is a reason why our churn is rapidly falling.

talking about 5g, nokia will provide your 5g network gears. where will you be offering your first mobile 5g service? so proud toe announce that deal. the biggest ig deal announced globally. it shows how serious we are about rolling out 5g. we are really about everywhere. we will be national by 2020. 30 cities comes with your. not sporadic little parts of cities like at&t and verizon are doing. all of big cities. that is the benefit of low band spectrum be can bring 5g nationwide. once you add sprint in with the new t-mobile, we could go not and nationwide but deep creates the kind of transformational experiences like we have talked about. we will have three years after bringing the company together with sprint an average experience that is five times faster than americans experience today on their mobile phones

just in three years. it shows the power of the synergistic assets of these two companies. emily: t-mobile came in very aggressive with pricing when john took over the company. overall, wireless prices in general haven't come down in a long time. do you think that will continue? will prices just continue to go up? mike: what you get for what you pay continues to come down. you continue to get more and more for what you pay. what is happening is customers are deepening their relationships with us. we are able to maintain relatively stable. not because prices aren't coming down but because we are attracting customers who expect more and want more. they are buying unlimited now versus data packages. been stablewe have even though you get way more for what you pay than ever before. morect, you get 10 times per dollar spent with metro pcs today five years after we came together with them than you did

before we can together. emily: all right. t-mobile chief operating officer mike sievert. thanks so much. upbeatstill on teslas second-quarter earnings call. elon musk has been fairly well behaved and is touting dramatic assembly-line improvements. ask key leaders of the autopilot team to introduce themselves on the call. selfed that autopilot and driving chip technology is finally coming to fruition. that is super exciting. some really good people working at tesla. talking to what is like to work at the company or three are staying on that call next. this is bloomberg. ♪

emily: tesla second-quarter earnings call still underway.

speaking about model three production. take a listen. in the absence of an unexpected event to be able to achieve an average of 5000 andl threes or above for q3 2000 model sx is for q3 as well. foret's go>> once again abigail doolittle. going to great lengths to introduce his team. presumably to emphasize the bench that he has at tesla. what is the latest? abigail: you're right about that. the overall tone of this conference call is super positive and if we contrast that with the first quarter call that march quarter, there were fireworks between ceo elon musk and street analyst. given gotten to that part of the call. very positive with ceo elon musk and consummate terry of his entire team as he was introducing his autopilot team.

that is a big takeaway of this call right now. somewhere expecting there could be more fireworks from this call. another takeaway would be to think that ceo elon musk would be exactly as he is, optimistic, upbeat, the visionary that so many see him to be. that is the role we are seeing and hearing right now. especially as he does talk about the company being on target to produce thousand of those model three's per week. once they achieve 7000 model threes produced each week, that will equal sustainable profitability unless there is a recession or other negative shocks type event. overall, a very upbeat earnings call. emily: all right, abigail doolittle in the newsroom. thanks so much, abigail. i want to get to bloomberg businessweek's next top can who is also listening in. -- max.

if such are typical tech titan. with yesterday's report from apple, that was strong and today a strong report from tesla. how do you think this will impact the latter market given that we have seen concerns about race but, twitter, intel on the back of disappointing results? max: it's hard to know. tanked, we stock thought maybe it was the beginning of a tech recession. apple had a great day today. tesla is having a pretty good stock performance in after-hours trading despite missing its earnings per share estimate. it feels positive. but, it is hard to say. the story with something like facebook has been so different than the story that is going on with apple. musk has been incredibly well behaved, even apologizing to the analysts who

is the one he cut off the last time. now asking a question. what do you make of this? max: i think you have to look at that as this is a positive development just on a human to human perspective. he gave this analyst who he had crystallized -- who he had criticized as boneheaded. that seems like a positive development. it also probably feels good to investors because it speaks to musk's overall mood. if he is not going threat and or whatever it is being more gracious, that feels good. i also think that you have to look at tesla as having done a good job with the expectations game. estimate andheir despite that, the stock has gone up quite a bit. that is partly because for the past few weeks tesla has conveyed to investors to the

public that it was having a hard time. i think that now investors had kind of -- were prepared for the worst and they got something that was merely ok and they are feeling pretty good. apologizedifically for being impolite and blamed it on insufficient sleep. too much time and that sleeping bag on the production line. what does musk have to prove this coming quarter? max: if they can do what he says and they can make 5000 cars a week, that would be relate really good. you just mentioned the lack of sleep. they did everything possibly could to hit the 5000 number. running thely company ragged in all sorts of ways. you had a tent in the parking lot and they managed to get there. if they are able to stay there, sustainably come out with you on getting enough sleep and the company's sort of firing on all cylinders that will be really good for investors and for the company. emily: we will be monitoring

every step of the way along with you. so much. stay tuned right here on bloomberg television for more coverage in asia. this is bloomberg. ♪ retail.

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which could save you hundreds of dollars a year. plus, get $150 dollars when you bring in your own phone. its a new kind of network designed to save you money. click, call or visit a store today. ♪ haidi: u.s. stocks mixed amid worsening trade tensions. apples optimistic forecast. ramy: tesla is a winner after hours. it is burning through less cash and elon musk intends to focus on the model three. haidi: the trump administration confirms it is weighing tariffs on chinese goods. londonio tinto slumps in