>> putin said he's pulling his troops back today. if you can take that for what it is, it seems good. >> guys, thank you for being here. i know there was a lot to work through. we'll continue with "fast money" in just a few moments with melissa lee. you guys have a lot happening as well. >> we do. a lot of earnings. two of the biggest moves today, fire eye which was down 22% and live nation which was up 10%. we have got both of those ceos on in an exclusive. >> conference call for zillow all starting right now. tesla, later this hour. just one more momentum name to sell off today, twitter stock taking a hit for the second day in a row today. groupon sinking and fire eye plummeting. it's not just internet momentum names feeling the pain. our traders are steve, karen,

and guy. let's go straight to tesla. this is all in the context of the shares are down in the after hours. >> specifically tesla. numbers were fine. there's nothing wrong with the numbers but when momentum stocks lose their momentum, valuation matters. i think that's what's happening with tesla. i know people have $14, $15, out 2016. that may be true. here and now, the numbers they reported were not nearly enough to keep the momentum going in the stock. until you see a huge capitulation with big volume, you got to stay away from it. >> but think about it. karen touched on it in the green room. this is a stock that really hasn't taken it that hard being as though you saw the rotation out of all the bubble stocks. i feel as if tesla, after they announced the battery angle changed a bit of people's opinion of the name.

they don't look at it as a bubble stock anymore. right now it's taking it. i don't think it's grouped in with those bubble stocks. >> yet. yet. here's the thing. i was in and sold at around $224. this is a great opportunity to see what is earnings and fundamentals in market psychology. the market psychology will not stand for this type of uncertainty. what's their cost going to be? all these questions. people are going to shoot first and ask questions later. in tesla, it better hold $185. if it doesn't, it's got a long drop. >> you talk about the momentum is gone. what's happening in terms of margin accounts where people are forced to sell and then you get into this double or the reverse of a double, a collapse where price does not matter. you have absolutely forced selling with no discretion

whatsoever. we haven't seen that yet in tesla. i wouldn't be surprised if we do. >> you're talking about clients feeling that. >> i was hearing if you look back at ibb, to february or march. we were hearing stories where prime brokers were calling them up and not telling them they had to say, just saying it's something you might want to take a look at before you kind of go on with your day to day operations. the market was turning, we were rotating out of those high flier names. >> right. >> on the battery thing which could be a huge thing for tesla, we have had conversations with people at a pretty high level who said be careful getting into the battery business which is a business that could become extraordinarily easily ka modtized. there's always that chance. >> i'm saying when you look at the chart on tesla, it didn't crater as much as some of the

other ones. i think it was given a pass saying we could see something hear we don't know about. >> let's bring in ben. great to have you with us. what's sending the shares down 6%? >> i think the market backdrop. the quarter was clean from the top line, bottom line. margin, even with the undercarriage fix. then for deliveries next quarter. very strong, good production. really, you know, people are aware of these high multiple stocks. >> to that paint, we are hearing from tesla's quarter that they're going to increase r & d spending. second quarter versus first quarter. was that expected? even though a company may be committed to spending for future growth, that's not acceptable to investors right now. >> i think it wasn't expected by many. i think it is mandatory for them

to do that ahead of them growing in china and some other markets out there in the rapid growth trajectory they are on. i think that caught some people offguard. >> you have been spot on with this. the quarter was fine. i mentioned the barriers of entry, or lack there of to get in the battery industry. can you sort of explain? does tesla have an upper hand? >> i think they do. it's on their cost per watt in their scale. when they billed out the battery factor, they're going to be producing a 1/3 lower than any competitor out there. so that will be a major barrier to entry. elan is probably planning giga factory number two. they talked about the dual development out there. you know, i think he's staying ahead of the curve and ahead of

the competitors. >> the conference call gets under way in 25 minutes. what's the most pressing issue? >> i think any kind of issue around panasonic, they won't come to the table. there's going to be some kind of ceremony with panasonic for investment. i think it will be a callous for the stock to see somebody step in and put their money where their mouth is. help ease investor concerns. >> let's switch gears and talk solar city. what's your opinion of the quarter? >> very good as far as deployments go. they were at the upper end of their guidance. as far as new orders, they're booking. they raised their guidance to above where our numbers were for the year. unexpectedly guidance for next year which is almost double this year. i think that caught the market off guard. the shares were down sharply today with overall solar selloff

but i think we can see shares rally and price targets need to go up across the board. >> to jump on the conference call, ben, would you advise clients to buy the dip in tesla we're seeing in the after hours? >> i would wait for the dust to settle tomorrow and all the models to reflect the operating expenses and then get involved in the second half. >> what's a fair level in your view? >> i think if you get down to $175 or so you start buying there. >> ben, thank you for your time. appreciate it. ben says -- >> that's $175 that's where people are looking at the support in the name. this is a stock -- i don't think it's about momentum. i think it's a fair amount but was given a wider birth because they had some things in the pipeline. but people are throwing out that pipeline, the $175 could be broken. >> people are focusing on valuation. a lot of the companies have a

lot farther to go if we're focused on valuations and multiples. >> amazon is now back to ridiculous from -- >> super ridiculous. below 300 bucks a share now. >> still lot a room to go down. >> look at solar city and tesla. solar city down almost 60% from its highs and tesla down 20%. tesla still has a lot of room to go. it could easily go through $175. >> the larger conversation, does it have any ramifications on the broader market. look at the s&p up. is s&p is impervious to all of this so far. i'm still in the camp and i think beaks is in that camp. as bond rates continue to go lower. at a certain point that will matter. it hasn't mattered yet. i think the bond market has been trying to tell us something about growth that the stock

market doesn't want to hear. >> either the momentum names have to come up or -- >> given what i have seen in the market and between eps growth and revenue growth, the eps growth is doing fine. revenue is not there. there are a lot of things that might indicate the s&p might not be on firm ground. we'll see. >> we'll check with birtha. green mountain expanding its partnership with smuckers. expanding relationship with crispy cream, starbucks and pete's as well. we'll get back to the conference call. a lot of folks watching to see what they're doing about coffee prices up so high and the launch of those new products later this year, the keurig in particular.

>> what's the trade here? >> i think there's a chance you can buy green mountain here. 130 was the high. we're down significantly on this. this is a company making some changes. i know people are concerned about coffee prices. in my experience, i'm not going to go without my daily cup of coffee. take a look at the lines at starbuck starbuck's. >> tesla's conference call begins later and zillow reporting moments ago. fire eye getting burned today, down more than 20% after reporting earnings last night. down more than 60% in just the past two months. what can the ceo say to shareholders? we'll ask him next.

customizable charts, powerful screening tools, and guaranteed one-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and e-trade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. call or click to open your fidelity account today. so ally bank has a that won't trap me in a rate. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help!

i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally.

sea -- let's get the earnings trade book starting with caesers. >> this is a stock no one understands how they manage

their managerle skills. allowing them to open up the door to more of a wider restructuring. i guess the market originally liked like. for me it's a no touch. i don't understand. >> and missing on revenue to prudential. >> what's your view on interest rates? if you overlay a chart on rates, you'll see the stock traded over 90 a few months ago. rates started to come back down and the stocks sold off not coincidentally. the quarter wasn't a disaster. yes the revenue missed. i think the stock sold off enough where you buy it right here. >> 21st certainntury fox, karen >> it's 23 century fox not 21st.

they were able to sell additional content to amazon. strong results in cable on fees and advertises. nice to be in the content business these days. >> shares of fireeye plummeting after the cyber security company reporting the stock went public last september and rallied as the sector hot. but leaving some burned. david dewalt, great to see you. >> hi, how are you? >> i'm good. you don't think the stock should have moved lower by 20%. certainly there were bright spots in the quarter. revenues were beat as well as raised. bearish investors will turn to licenses as well a bookings. why are investors focused on the wrong thing in your view?

>> i don't know they're focused on the wrong thing. what i'm focused on doing is growing this business. we had 132% growth year over year. both the mandian portion of the business grew greater than 50%. fireeye, greater than 50%. i think what the market missed in terms of how we described it was we have multiple components in the business that's changed. we have a product component. we have a product subscription component. we have a services component and a support component. when looked at in total, we grew very, very well, well over 100%. if you break down the pieces, people are looking at that saying could there be weakness? what was happening organically or inorganically on the business? you have to look in totality of all the components together. it was a record quarter for transactions, big deals.

number of assisted deals with partners. across the board, it was a really good quarter. >> when you're saying investors have to take a look at the business in its totality and people are focused on the organic deceleration, you're saying that we shouldn't focus on that? that's the wrong metric this what's going on in the organic business here? >> the organic business got blended with the mandiate components. able to sell both that and the fire products. every product was treated equal. product subscriptions, service, support was al equal. we blended our growth model across a lot of products. which is a good thing. our customers want a people and product type of technology. we think that market opportunity

is huge. it didn't deaccelerate. the business for fireeye was strong in the quarter. it moved from a product component to a product subscription component. that's where the cloud components are. when you look at them in totality. it was a strong quarter for the company. we raised guidance gaagain. the fourth time in six months. we have been doing very well in terms of the business. we hope the future is really bright. >> the stock is down 23% today. the stock is down 45% in the past month. stock down 30% in this week. there seems to be -- this quarter did catch wall street by surprise. there seems to be a gap in communications on what expectations should be. either wall street set the expectations too high or correctly and you didn't execute. what is going on here?

it's very rare that you see a stock down by this much in one session. >> well, what i would tell you and you know this well, we set a guidance recorder and at the beginning of the year we gave a full guidance and set a q1. we not only exceeded the guidance that we set. we exceeded the consensus. and we conceded it by $11 million on billings from 88 to $99 million in billings. we exceeded on revenue. rerais we raised them for the full year. 132% growth and records of new customers and expansion around the world is what we're doing. we're optimistic. this market is right for disruption. fireeye is doing that. now we have from 4 products to 20 products. i think if you look a year or two from now, you'll see a

strong company and profitable company as well. >> there's pressure on the shares. today is a day in which we have seen twitter shares take it on the chin because of their lockup expiration. you fall in the you had a march lockup and you came out with the offering at the stock high. then you have this massive overhang of a lockup expiration on may 21st in which 95 million shares will come to market. 95 million shares. are you concerned that you will be the next twitter in terms of price action on a lockup expiration of a major portion of shares outstanding? >> well first of all, the offering we did back in march was very good for the shareholders and the company, we raced $446 million. we let off some of the steam and we had the lockup in march. we actually have 91 million

shares coming up for lockup expiration on may 21st. if you break down the components of those, we have 17 million of them in executives. and senior executives and the top three officers including myself are not planning to sell. we don't have trading plans to sell and the rest of the team have cap limits. we have a strong policy model for selling. almost 40 million of the shares are held by board member venture capitalists. so we have more control over selling in open and closed windows. and they're more disciplined in the marketplace as well. there is a big lockup of expiration and one of the biggest reasons for the overhang on the stock. most companies who do these offerings have these moments. we had a high rise and some drop. what we're building and how important cyber security is and how important this technology

fireeye has i think it's a good bet and good company. >> i'm going to give it to brian kelly who was a shareholder who got burned in the stock, right? >> yeah. i just wanted to run through a bit of a timeline with you. >> sure. >> eight days before your first lockup expires you guys offer 14 million shares at $82 a share. that's down a price just before the day before. five days later you sold 585,000 at $79.54. then you announce a quarter awful. this is 20 days after the insiders sold all these shares and now you're coming saying everything is fantastic. why were you selling? to me, you have lost credibility with me. how do you get that back from wall street? that's why the stock is down 22%. nobody believes you anymore. >> brian, you said it earlier, got to be here rain or shine.

that's why i'm here, to talk to the shareholders directly. i couldn't predicted was $90 the price for the company. was selling the right time. my selling was consistent with all the executives, all the insiders. i still have 90 plus percent of all of my holdings in fireeye. and for a lot of the shareholders. we're going to work very hard to improve the value of this company in the long haul. i have a long track record of doing so. i apologize to you if you feel like you lost faith in me. i will work hard for you and be there. we're growing the company across every key metric and timing is timing. i can't control all of that. what i can control is the business and control the growth and i can control the market share that we have and i think if you look at those metrics and at the long haul, i think you have got a good asset here. >> thanks for joining us. we appreciate it.

david dewalt, the ceo of fireeye. let's talk about the stock. wall street is positive still on the stock. the average price target is $70 a share. >> so maybe they're a little off. but it seems -- i don't can't fault anyone for selling a stock that came public at 20 and six months later was 82. i don't think that shows a lack of confidence. i think it shows this is ridiculous. >> either way, it's a grasp of realism and if you're a shareholder, you think, i got to sell, too. >> okay. that's fine. that's a reasonable conclusion to come to. i don't know about the specifics of the offering and how it went. >> i think the part that upset me is that this happened within 10 trading days of them of the end of their quarter. they knew the quarter was going to be horrible at this time. they knew it was going to happen. they did a secondary and five days later, mr. dewalt comes out and say zesells 500,000 shares.

why didn't they just do it then, get all the sellers out at that point and move on? that would have been the fairway to do it. it just smells wrong to me. that's the point. >> great question by bk. i think it was great he came on. shows he's a gentleman. a lot of people would shy away from that. it goes to the bigger issue. internet security stocks, that's all people want to talk about for varying reasons all of which are very good. the s&p until recently is making all time highs. look at se man tech which finally stabilized and pal low al toe networks and fireeye. what's wrong with the space. you would think -- i understand val valuation. >> it's the back drop. the momentum is people want to liquidate right now. >> doesn't matter. fireeye, on paper, this should be a stock that people want to

buy. you talk about physical terrorism and cyber warfare, this should be wanted by the investment community. >> we spoke to dave dewalt. coming up next, yahoo ceo, faces tough questions today. >> found out what she had to say about putting dollars to work after the break. we needed 30 new hires for our call center.

i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and post your job

to over 30 of the web's leading job boards with a single click; then simply select the best candidates from one easy to review list. you put up one post and the next day you have all these candidates. makes my job a lot easier. [ female announcer ] over 100,000 businesses have already used zip recruiter and now you can use zip recruiter for free at a special site for tv viewers; go to ziprecruiter.com/offer2. at a special site for tv viewers; honestly, the off-season isn't i've got a lot to do. that's why i got my surface. it's great for watching game film and drawing up plays. it's got onenote, so i can stay on top of my to-do list, which has been absolutely absurd since the big game. with skype, it's just really easy to stay in touch with the kids i work with. alright, russell you are good to go! alright, fellas. alright, russ. back to work! you stand behind what you say. there's a saying around here, around here you don't make excuses.

you make commitments. and when you can't live up to them, you own up, and make it right. some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where it's needed most. but i know you'll still find it when you know where to look. ceo marissa meyers speaking in new york today. all alibaba was a topic.

>> what are you going to do with the $10 billion you're going to get. or let's say hypothetically you were going to get a $10 billion windfall soon. what kinds of things would you want to spend that $10 billion on? >> i think that what we have talked with our investors about is that we intend to be good stewards of capital. we did make some smart investments in terms of building out talent, building out technology. >> that sounds like a lawyer wrote that entire answer. but i understand you can't say. >> what happened to yahoo today? we were sitting on this desk deciphering the f-1 from alibaba. everyone said yahoo will go higher but it's down 6.5%. >> that's lower. >> i was in the camp. i said 42 to 44 is where it should be trading. i couldn't have been more wrong. i know a lot of people came out

and talked about the tax ramifications. the concern about how they're going to spend their money. to me, that $34 is $200 billion valuation. it's almost like yahoo's business, their core business is zero. maybe it should be trading at 34. >> i think the first part of the premise is on a day like today, we're so far away from -- >> maybe we have our blinders on here. aol got smacked up today. how much could it be collateral damage? >> how much could it be collateral damage to stocks, anything internet related anything? >> we sat and talked about the price of alibaba and the stocks didn't go there even when everybody knew it. we knew what the valuation could have been. and the stocks still didn't go

up. there was something wrong. in my view, i'm with guy. i think the underlying yahoo business isn't worth that much. >> it sounds like basically free though. >> he thinks it's worth nothing. it's not anything. >> right. >> i think it's more to karen's point. i started with the collateral. she started with the overlay of the market. i'm still long, yahoo. this could be a one off with the whole space. aol was an atrocious performance today. you can't tell me that spillout to yahoo want there. >> i could push back and say, and you pointed it out months ago, we knew the twitter lockup was coming up. yet many of us thought that wasn't going to have any impact on the stock. clearly it did. sometimes you do know things. >> right. >> it's very confusing right now. >> well put. tesla being the expectations but shares are getting hit hard in the after-hour session.

the call kicking off just now. we got the headlines fresh from that call when we come back. really... so our business can be on at&t's network for $175 dollars a month? yup. all five of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line anytime for 15 bucks a month. low dues... great terms... let's close. new at&t mobile share value plans. our best value plans ever for business.

i got more advice than i knew what to do with. what i needed was information i could trust on how to take care of me and my baby. luckily, unitedhealthcare has a simple program that helps moms stay on track with their doctors and get the right care and guidance-before and after the baby is born. simple is good right now. (anncr vo) innovations that work for you. that's health in numbers. unitedhealthcare.

take a look at tesla here. just off the lows. down to about 7 plus percent in the after hour session. the call kicking off moments ago. we'll bring you that in a few minutes. dan nathan is on the fast line. we got to talk twitter down more than 22% since the earnings lockup expiration. dan, what are you doing now? >> yeah. yesterday when this thing was in a freefall, you had to cover. i had an options that set me up really well. a disappointing quarter. the lockup had the potential to be impactful given how much that stock was up from the ipo price. the stock is actually down another 10%, 12%. as a trader i'm not looking back and i think the stock is going to get very, very oversold.

ironically on twitter it seemed like there was an lot of people waiting to buy this stock. it seems to be holding in here at 30. at some point i think if the stock gets washed out, you will have a sharp ripback into the 34 range. they still need to have the facebook moment to demonstrate how they are going to monetize their user base. if they can show increased engagement, i think the stock will work again. i still hate all these stocks and going much lower over the course of the year. i think twitter is a pretty special situation. >> netflix, you told us you closed it out. what are you doing with this? >> the stock went really from 370 almost down to 300 after that earnings report. to me, i think investors showed their hand. i think large investors might

have been getting out. i'm still waiting for that tweet from carl icahn. i think when they exit their second half, the stock goes much lower. i think his involvement has been nice for the stock here. i think the guys have a whole host of competitive issues. tuesday when the stock was 338, i bought a put-spread out in june. i think you can see 280 quickly. investors have shown their hand these high valuation names. i think they're going to have lower lows here. for the traders you can be nimble and define their risks. im i'm going to make an interesting point. don't be fooled by 13. option prices are expensive. you got to pick your spots and wait for rallies to get short. >> bottom line, out of twitter.

looking at it with a two handle. and you're reopened on your netflix. thanks for phoning in. let's get an earnings alert here. sheila is watching sprouts. >> we're watching sprouts, farmers market. in the after hours the company posted better than expected earnings and revenue and raised it's full year guidance. pressured by the whole foods weak earnings report. but it is spiking up about 6%, but not enough to make up for the session's losses. >> thank you very much. can we talk about the disaster that was whole foods today? >> woo! >> worst day for whole foods. >> this goes back to psychology. whole foods is one of those companies that every single quarter they would beat and raise and beat and raise. so investors got conditioned to that. now that they're missing and lowering, it's a whole different story for the stock. >> we have talked about the other names, those bubble names.

we're hoping -- i should say i'm hoping that the amazons, twitters do make another reappearance back on the scene for investors. the truth is i'm not sure. i don't know in a whole foods where competition and building out stores and brands from other companies are competitive with theirs. i don't know if it could regain that marquis status. >> you think event is behind it? >> i do. i don't know if any other brands. it used to be the whole foods, you equated that with organic. now you can get organic everywhere. >> i think of hain when it comes to whole foods. >> relatively unscathed. >> very unscathed. they were very close together and now they're starting to decouple. i don't know if irwin has been able to diversefy their business away from whole foods. i don't know that the whole

space deserves -- >> oh. >> look, irwin has done a fantastic job with the business. if you're watching -- >> he's probably juicing right now. >> solid earnings here and hype surrounding jz and beyonce on the run tour has live nation flying high. we'll talk to the ceo in a cnbc exclusive after the break. sfoo and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab.

humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, hepatitis b, are prone to infections, or have symptoms such as fever, fatigue, cough, or sores. you should not start humira if you have any kind of infection. ask your gastroenterologist about humira today. remission is possible.

tigers, both of you. tigers? don't be modest. i see how you've been investing. setting long term goals. diversifying. dip! you got our attention. we did? of course. you're type e* well, i have been researching retirement strategies. well that's what type e*s do. welcome home. taking control of your retirement? e*trade gives you the tools and resources to get it right. are you type e*?

live nation pumps up its first quarter earnings in overall revenues spiking 22%. this on the heels of a new deal with yahoo to live stream a concert every day per year. jay-z and beyonce on the run tour kicks off this summer. joining us now with a cnbc exclusive is the ceo and president of live nation. michael, great to see you again. >> thank you, melissa. >> i want to talk about one thing, and that was the concert revenue. you have fewer events and higher attendance. what were you able to do in order to achieve that?

>> the last couple years we talked about our 23,000 shows and we want to grow the amount of shows. the great opportunity is can we extract more and sell more tickets and drive more on-site revenue. we have been successful the last couple of years having to do with social markets and the shift we have made. we're selling more tickets per show and able to extract more revenue at that show whether it's on-site or concessions or parking. we have been executing well and maximizing those shows. >> michael, it's karen. congratulations on an excellent quarter. let me switch gears and talk about ticket master. how far along are you in getting the platform to where you want it to be and how much do you think you can improve profitability -- i think it's just north america -- but on each of the tickets you sell which is a gigantic number? >> thank you for all your support. we're working hard to make you

proud. >> i'm proud. nice job. >> ticket master, it's a modular build. the good news is you're starting to see some of the new products come to life. the ticket master resale product we launched six months ago is built on the new platforme. we're proud. as we said yesterday we're going to approach almost $1 billion in gbt in the secondary business. the platform is starting to come to life and give us new opportunities to create better products, enter new markets and drive new revenue. on the cost side, we will be able to achieve starting this year and forward a 10 to 25 cent per ticket on a bottom-line savings. i think the opportunity is really on the top end. it's going to let us launch new products to attack the secondary market. we can launch the ticket master,

do-it-yourself product that can go after the lower end. the ticket master festival software. it provides a top line growth and bottom line savings. >> the live nation channel stream which is going to come live this summer, summer of 2014. you said you plan on making money in this new channel which investors are grad to hear. what is a revenue split with yahoo? are you worried there's going to be any sort of cannibalization? >> no. we have talked to all of the usual distributors about a deal and could we bring the content to life. yahoo got it. they lived it was a valued proposition. we found the partner that's got the eyeballs. they're going to underwrite the cost of delivering the shows and split revenue 50/50 and sell

those units together. sitting in the last two weeks giving we haven't launched the channel. i would tell you we already assumed against our cost before we go live and be into revenue day one. we believe that 23,000 shows and the back stage, the interviews, all of the content coming to life from our so-called studios -- >> what kind of shows are we going to see? are we going to see maybe the on-the-run tour? >> we're going to see them on. we have to do it all. we're going to have the top of the line shows. to the house of blues. up and coming artists. the next lords, et cetera. it's got to be compelling. this is going to be a strategic focus for us and put good bands on the screen. >> thanks for joining us. appreciate it.

michael rapena the ceo of live nation. karen you're a shareholder. >> yeah. long timeshare holder. i i'm inclined to hang on to it. >> it's not bs like lord? >> the what tour? >> what is on the run tour? >> beyonce/jay-z. >> can't wait. when does that start? >> summer. phil is listening on the conference call for tesla. >> within the last ten seconds to a question about building the giga factories said they plan to break ground on multiple sites. we're not clear in one location be it arizona or texas or new mexico or two different states. he has not addressed that on the conference call. they have signed a letter of

intent with panasonic to be the provider at the giga factory and the company reiterating on the call that it plans to build in china within the next three to four years. of course, they made that announcement in china a couple weeks ago. let's take a look at the earnings for tesla. coming in at 12 cents versus the street estimate of 10 cents. revenue up 2%. the street was expecting just a shade under $700 million. a couple of note worthy items in the first quarter. tesla delivered. 6407. right on line. it is on line to deliver vehicles this year. when you take a look at shares trading down after hours. they said they expect to be slightly free cash flow negative in 2014. why? because they are going to be

making huge capital investments in ramping up production on the model x. up to $800 million in capital expenditures. and building at least two battery cell production locations. whether or not they're near each other or in two separate states remains to be seen. i think we're going to have an announcement soon because they're talking on the call about breaking ground in the near future. >> phil, thanks for the update. tesla shares not gaining too much. what was the sort of unknown was whether or not panasonic was locked up. it looks like there is al leat of intent. >> the bullishness on the stock is going to be the batteries. yes, they have exciting stuff. they have the suv coming out and cheaper more affordable car coming down the pike. i would say it's all about batteries right now. the more visualization he can

give and more clarity the market gets, the higher the stock can go. caught up in the rotation. >> coming up priceline. we'll explain why one trader is below $1,000. stay tuned. sfoo aranteed one-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and e-trade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. call or click to open your fidelity account today.

de>>who's got twond rhooves and just got ae. claim status update from geico? this guy, that's who. sfx: bing. and i just got a...oh no, that's mom. sorry. claim status updates. just a tap away on the geico app.

what is this place? where are we? this is where we bring together reliably fast internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ that's my phone. hey. [ female announcer ] the x1 entertainment operating system. only from xfinity. tv and internet together like never before.

. priceline earnings before the bell. predicting a huge stock before the end of the week. >> we saw about 1.5 types the average daily volume ahead of earnings tomorrow. three of the top four operates were all puts. one of those was the weekly thousand strike puts. that means they're targeting that the stock is going to be in the level by the end of the week. down 10%. if you take a look at this in the broader context, we have seen declines of that magnitude only five times. that would be exceptional. unlike a lot of the other stocks, this is one that has -- although the price is up 50 times in ten years, so was earnings. revenues up about 9.2 times. of all the stocks that might be

poised to crash, this is the one i think might be reasonably valued here. >> thanks for that. catch more options action every friday. check out the website, optionsaction.cnbc.com. what to watch for ahead of the alibaba ipo even though you don't put a penny in the offering, your money could be at risk in the next hour. stay tuned. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. with the mobile trader app.

honestly, the off-season isn't i've got a lot to do. that's why i got my surface. it's great for watching game film and drawing up plays. it's got onenote, so i can stay on top of my to-do list, which has been absolutely absurd since the big game. with skype, it's just really easy to stay in touch with the kids i work with. alright, russell you are good to go! alright, fellas. alright, russ. back to work! little things, anyone can do. it steals your memories. your independence. insures support. a breakthrough. and sooner than you'd like... ...sooner than you think. ...you die from alzheimer's disease. ...we cure alzheimer's disease. every little click, call, or donation adds up to something big. alzheimer's association. the brains behind saving yours.

♪ ♪fame, makes a man take things over♪ ♪fame, lets him loose, hard to swallow♪ ♪fame, puts you there where things are hollow♪ the evolution of luxury continues. the next generation 2015 escalade. ♪fame

time for the final trade around the horn. >> very few stocks i like to look at and southern is one of those in green. i'm not going to pick one that doesn't work. i have done that enough on my own. >> i'm still long. >> you only got one? >> beakers? >> tomorrow morning we have the ecb. they are most likely not going to do any qe. ic buy fxe. >> i like kumulus media.

>> game four, q pivotal, soda stream. >> whoa. >> soda stream. if the rangers lose tonight -- >> it's all me. >> wow. cold call. >> i'mmore "fast." meantime, "mad money" with jim cramer starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you some money. my job is not just to entertain and to educate but to teach you about this crazy market. so call me at wrn wh1-800-743-c tweet me @jimcramer. we had not one, not two, b