it is 5:00 a.m. here in cnbc, 2:00 in california the s.e.c. suing elon musk, tesla stock tumbling we have the latest on this major developing story. it is decision day for brett kavanaugh. a senate committee holding a key vote on the supreme court nominee today. technology under fire. google's ceo meeting with lawmakers today. pump prices taking a big leap higher. find out how much it will cost to fill up your tank and it is the final trading day of the month and the quarter so we'll break out our quarter-end yearbook and find

out what is in store for your money in the fourth quarter. it's friday, september 28th, "worldwide exchange" begins right now. ♪ all right. good morning welcome from wherever in the world that you may be watching i'm brian sullivan thank you for beginning and ending your week with us let's get to your top money and business story tesla stock is tumbling, it's down 10% right now it broke on new that's s.e.c. is suing elon musk for fraud. let's get more on this story from leslie picker in new york good morning the crux of this lawsuit is this, the s.e.c. alleges that elon musk made false and misleading tweets in august where he said he was considering taking tesla private at $420, and that funding was secured the s.e.c. says that investors who purchased stock after the

tweets but before accurate information was disseminated were harmed. tesla plummeted in the aftermarket when the s.e.c. lawsuit was revealed it's plummeting now. the agency is seeking to ban musk as serving as an executive of a publically traded company musk said that the action by the s.e.c. leaves his deeply saddened and disappointed adding that he has always taken action in the best interests of truth, transparency and investors musk says integrity is the most important value in my life, and the facts will show i never compromised this in any way. the claim reveals conversations with a sovereign investment fund which we know is saudi arabia and a private equity firm where high-level discussions were had about taking the company private

but they were void of details. the s.e.c. says in the claim that musk did not discuss the tweets with anyone else, his board, employees, advisers or the nasdaq where shares are listed before publishing them to his 22 million followers brian? >> does the claim specifically mention anything about the role of short sellers >> it does it goes back to his previous tweets talking about the burn of the century which i think the s.e.c. in its claim is using to show motivation. it shows that elon musk -- he said it in his blog posts and twitter in the past, that he does not like the criticism he receives from short-sellers and believes being a private company could prevent him from that attack he's called it defamation in the past that he receives from short sellers criticizing the business so they look at this and they say okay, well, he's had a history of hating on the short

sellers, and so what does that tell you about his motivations for tweeting that funding had been secured, which obviously led toa stock price jump and a least short-term pain for short sellers, though today could be a brighter day for them. >> leslie picker, thank you very much joining us now by phone is nick gibbs, a reporter with automotive news europe thanks for joining us. i know it's hard to know, but i'll ask you to opine what do you think the ultimate outcome is for elon musk as the ceo of tesla? >> i'm not sure he's going to go he's obviously in a tricky situation, but he wouldn't -- i don't think it would be bad if he did go. tesla is no longer a scrappy startup, it's a full-fledged car company with a global brand that to be honest needs more measured leadership i think elon musk is moving from asset to liability really. so it could be time.

this could be the moment for the tesla board to say, okay, we need someone new >> do you believe he should be ceo of tesla >> well, i mean, it's a tricky one. he's adored by his fan base, and it's been he who has been a big part of growing the tesla brand to the size that it is today i think now we are in a situation where we're not just looking at -- the customers can't just be these rabid tesla fans anymore it needs to be a wider customer base who are wondering whether to move from their audi, their mercedes, and to be frank i think they would be slightly worried about what they see at top of tesla leadership >> so much conversation will be around elon musk and his tweets. let's talk about something that may matter more, that's the customer nick, do you believe there are

people out there who were thinking about buying a tesla automobile, just a buyer, and they will now see this news and think twice? does it hurt sales of the car? >> it is a good question i think what hurts sales more i think is the fact that tesla customers are not getting what has been promised. there's so many broken promises, and a lot of that comes from musk if you're looking to spend this amount of money on a car, you don't want problems with reliable you don't want your car to be late you don't want to worry if it's been made poorly in a tent all of this could be potential barriers to a wider group of customers they need to tap >> nick gibbs, appreciate it >> thank you. let's talk more about the macro markets and your money

with ed campbell from qma. good morning >> good morning. >> beautiful, rainy, disgusting day. >> can't all be crystal clear. >> before we get macro, do you own tesla stock? >> i don't do individual securities >> you just don't care >> yeah, it's not -- >> well, how about this. i don't want you to get stuck between a rock and a hard place asking about individual names. is it bad for the market that up with of the most high profile people in the world is sued by the s.e.c. >> not great for investor sentiment. >> probably not what is gre what is great for investor sentiment. after yesterday, we need a reason to believe in this country again. what's a reason to believe in the markets of the united states >> if you look at current conditions -- >> just a small question >> it's blue skies above but clouds on the horizon. but, you know, we're coming off, you know, the second quarter of

earnings, 25% earnings growth, 9.5% revenue growth for s&p 500 companies, 4.2% gdp growth, what's not to love in terms of the current conditions there's lots of things on the radar in terms of what could derail that. >> i agree bring up the futures again futures are higher again today it doesn't matter it seems what happens, whether it's trade, tariffs, technology hearings, trump, whatever. markets seem to want to go higher but you said what do we worry about, we have record debt levels, higher interest rates, more higher interest rates coming, in the middle of a trade fight. there are reasons to worry >> let's add emerging market stress and the fact that -- >> i just ran out of time. >> political developments in italy over the last 24 hours have evolved in a way that is more threatening to eurozone stability. we're not raging bulls here.

we're pretty neutral in terms of our overall equity allocation, modest overweights we've been skewed towards the u.s. and away from international markets. that is something that worked unbelievably well. the u.s. up 10% and other major markets down >> isn't that the opportunity? i was told a long time ago, someone was like, brian, buy low, sell high he walked away i don't know who that man was. shouldn't we be looking at opportunities that are getting beat up? everyone is pouring their money into america which is sending it higher it's like a self-fulfilling cycle up shouldn't we be looking for the stuff everyone is ignoring >> that's where the dilemma is we think we may rotate towards international markets. >> you'll look at that. >> but we're not there yet i think if trade tensions ratchet down, if the dollar

stops -- if the dollar stabilizes, goes down a bit, that, you know, we could see international markets play catch up >> right now the u.s. looks good, not great, but looks good. >> it looks great except for the fact that a lot of good news is in the price >> that's it ed campbell, have a fantastic weekend. >> thank you >> chill out, hug the kids >> clothes, planes and migraines probably represents some of your mornings right now but it also deals with the other top big stories. eric chemi has those jcpenney says cfo jeffrey davis is stepping down to pursue another job. he is the third top executive to leave the company this year. ceo marvin ellison and joe mcfarland both quitting to join lowe's boeing winning a $9 billion

contract from the u.s. air force to build its next training jet the air force plans to buy about 350 jets and 46 simulators to replace its aging t-38 fleet which is nearly 50 years old. the fda aproving eli lilly' new migraine drug. about 39 million americans suffer from migraine headaches i know you're not one of them. >> i am not, but i have friends that are laid out for days because of them. coming up, google goes to washington what can you expect from that high-stakes sitdown. and pump prices on the move. when will oil prices stop going higher john kilduff has that. stick around

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privacy and a lot of other things google was criticized earlier this month for not sending a representative to a congressional hearing on privacy. energy prices continue to move higher this morning brent crude oil holding near a four-year hire it's up 8% this month, up 40% in a year let's talk more about it john kilduff, a cnbc contributor is here. good morning >> good morning. >> anything going on in america? >> really quiet these days crazy. >> let's find something to talk about. this time yesterday we talked about how the saudis said they were willing and able to put 550,000 new barrels on to the market yet oil prices continued to go up the market doesn't believe it or care how come >> because they're doing the ho hokey-pokey with the market. they don't want to tip the

market over and have a selloff because of them putting additional barrels on the market at the same time they don't want to risk the wrath of president trump and risk the demand side of the question, because they know when prices go too high, a couple things happen demand falls off, it hurts the emerging markets, the growth story for them but also it brings on other production that becomes sticky for them >> i know you know this, i know this, there's certain producers who are happy with $72 u.s. traded crude >> many of them are not in opec, they're based in texas it's a good price for the markets. is it a good price for us? >> it's getting to a point where it will hurt us. you get over $3, 3.50, it hits consumer confidence. going towards $4, over that you are starting to pay $11 00 to fl

up your suv, people start to chafe over there >> we talk about tariffs, when you dig into the macro numbers, they're not big. oil is something we buy every day. you go up a buck, $100 a month, $1,200 a year, you get into real money. >> it does, it cuts into discretionary spending it shaves a quarter to a half point off gdp which is not a small number, even in this 3%, 4% growth environment we're in then again it undercuts what we're doing right now. i will tell you in terms of going forward here, as to what the saudi policy will be, you scored one of the biggest information nuggets that we were in search of, that is what is saudi production capacity. the ceo told you 12 million barrels a day. >> they're at 10.5 million now,

they could go to 12 million, though people doubt that's a number that they could achieve that's everything running full steam, like the hamster running around the wheel >> and they never produced more than 10.7, so there would be new territory for them >> he said they could do it. it would take three months to get there. can they do it, will they do it? does the opec deal they made, does that prevent them from doing it the opec deal is you are supposed to go up in proportion to other opec members that can go up. the problem is most other opec members can't increase production they don't have the capacity >> they cannot again, to the extent -- here's the problem for the saudis, too and opec in general. when the price gets away from them, they can't -- it takes a while for them to get it reined back in, either to the upside or down side. when the prices are super low, they can't cut back quickly enough to sustain it >> the last two times brent

crude broke over $100, 2007 and 2010, or it broke above $80, went up to $100. do you think that will happen this time? >> no, i don't i think it will come close we could see a wti price of $80 to $85, but you will need an event of some sort for that to happen i think the supplies are sufficient we just need to get through the end of the year basically. once we turn the corner into january, the market will assess things they will see supplies are sufficient, maybe tight, but sufficient to get through the seasonal downturn in demand into the second part of the first quarter and the second quarter of next year >> maybe that's some good news on a rainy friday. parts of alaska, california and hawaii they're like we're already paying $4, what are you talking about? >> yep >> thank you very much

higher oil prices are beginning to impact what you pay at the pump the national average for a gallon of regular is 2.88 f you're out west and up late, you're paying more than that already. up next, it's decision day in d.c. on the story that capti captive -- captivated america. and elon musk sued by the s.e.c. the latest details coming up oue numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence.

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all right. welcome back 5:22 on the east coast look at that a rainy day. go back to bed it's friday. call in rainy. a developing story out of washington the senate judiciary committee holding a fate on president trump's supreme court nominee. tracie potts has more on the hearing that got everybody's attention yesterday. >> reporter: after that hearing and the testimony, a lot of people wondering what will happen today we learned overnight that four key senators who have been undecided about this sat down to talk about what they saw and heard in that hearing late last night. they were kind of tight-lipped about that conversation after a full day of emotional testimony. >> i am terrified. >> reporter: after a day filled with emotion -- >> i thought that brett was accidentally going to kill me.

>> reporter: and explosions of anger. >> i am predominant of this charge >> this is the most unethical sham since i've been in politics >> reporter: this morning lawmakers are ready to move forward with a decision on judge brett kavanaugh. >> it is time to vote. >> reporter: this morning the senate judiciary committee decides whether to recommend kavanaugh to sit on the u.s. supreme court. some freshly convinced of his innocence. >> i thought both were compelling but i just didn't feel like that the allegations were corroborated >> reporter: others firmly siding with dr. christine blasey ford's account of her alleged attack >> his statements contradict known facts and evidence so that has led me really to believe her and not him. >> reporter: republicans can only afford to lose one vote arizona senator jeff flake says he is still undecided.

>> there's no way you can leave that hearing room certain. >> reporter: regardless of the outcome, the full senate plans to take this up starting saturday, and could be ready for a final vote as early as tuesday. powerful, honest and riveting, that's what the president tweeted that hearing was over. about kavanaugh's testimony, the white house saying they're confident he will be confirmed >> okay. tracy po tracie potts, thank you very much let's get a check of the headlines outside the world of business phillip mena has more on that. >> good morning. happy friday a miracle in micro niche shnesia passenger airplaneover shot a runway and went into a lagoon. more than 40 passengers and crew members were rescued

everyone on board did reportedly make it back to shore safely >> the new iphones are hitting store shelves in russia this morning. people have been lining up for days outside the apple store in moscow there's such a frenzy with some selling their places in line one guy who has been there since monday is selling his sixth place spot for 250,000 rubles, and the head of the line is going for about $6,000. and the first picture of tom hanks in character as mr. rogers the movie hits theaters in october of 2019. >> tom hanks as fred rogers in pittsburgh >> everybody loves both of those guys, should be a hit. >> let's just go home and sit and watch it

we could all use that right now. >> great point we could all use a bit of that >> thank you for that. thank you very much. up next, how to make money not in the stock market. a brand-new guest to cnbc lays out two places you need to invest right now outside of equities and more on tesla. that stock down nearly 10%, and john najarian is here. and he may be buying tesla he's here with a former navy s.e.a.l. and author. from insurance to savings to retirement, it takes someone with experience and knowledge who can help me build a complete plan. brian, my certified financial planner™ professional, is committed to working in my best interest. i call it my "comfortable future plan," and it's all possible with a cfp® professional. find your certified financial planner™ professional

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beyond fast. the s.e.c. charges elon musk with fraud tesla shares down nearly 12% is john najarian buying into tesla? we'll find out john is here and we have a guest who says ignore the stock market. he has two better areas to put your money and a bright spot in the real estate market to tell you about. it's thanks to a scrappy little company known as amazon.com. we'll explain as "worldwide exchange" rolls on right now ♪ all right. welcome back or welcome and thank you for being with us on cnbc it's exactly 5:30 on the nose. good morning, good afternoon, good evening, wherever in the world you may be

let's get to your top story. that's tesla that stock down nearly 12% the s.e.c. suing the company's ceo, elon musk, for fraud. leslie picker is back with that story. this claim focuses on what musk knew when he tweeted in august that he planned to take tesla private at $420 a share and that funding was secured the s.e.c. is seeking to ban musk as an executive or director of a public company. that was the key news here that is causing tesla's stock price to slump musk called the move unjustified and said that it left him deeply saddened and disappointed.

musk says integrity is the most important value in my life, and the facts will show i never compromised this in any way. the claim reveals a july 31st claim with a sovereign wealth fund which we know is saudi arabia and a private equity firm where high-level discussions were had about taking the company private but they were void of details. the claim note there's were never fundamental terms discussed about what the transaction would look like. the s.e.c. says musk did not discuss the deal with anyone else, hi board, employees, advisers or the nasdaq where shares are listed before publishing them to his 22 million followers and the 420 anybody was picked because his girlfriend would find it funny. >> he did that because his girlfriend would find it funny

>> i guess no one said to mr. musk that twitter is a public forum. >> the company has acknowledged twitter to be a platform for disseminating information to investo investors, employees, other parties, so they knew twitter had that kind of power >> a lot of short-sellers got squeezed, probably hit with margins. there will be more lawsuits because all those people that got squeezed when the run up came because of that tweet, if they have not already sued, they will now >> yeah. anyone who had interest in this stock, $13 billion going into that august tweet that sent the stock price higher when investors said there looks to be

a take-private at an over 20% premium from where the stock price was trading. so a lot of investors did feel short-term pain there. according to some sources i spoke to, most held firm and they did not pair back the short position because they wanted to see what came out of this and how legitimate those tweets were with regard to a take private. >> that's story we'll be talking about all day on cnbc. let's turn to find some opportunity and talk real estate diana olick is here and has found maybe a bright spot in the market and it might have to do with amazon. >> i'm all about the bright spots. >> we're all about having you on set. thank you. the s&p real estate sector is barely two years old, still a baby and having growing pains. this sector is made up of reits which are high-yield because they have to pay out profits in dividends. great in a low-interest

environment when investors are desperate for yields, not great when rates are rising. compared a year ago the s&p is up 16%, the real estate sector up 1%. not as bad as consumer staples, communications, but a laggard. there are some stars an interesting dynamic playing out in retail. look at prologis, a huge warehouse reit, it has seen huge growth in the last two years thanks to the amazon effect. all those goods need to be shipped to you faster and faster so there need to be more warehouses to hold them. it's moving towards another technical ceiling that could reset the trading range. now look at brick-and-mortar retail simon property group, a mall reit, everyone said retail brick-and-mortar is dead simon doing well why? they weren't several years ago when they and the other mall reits got the death nail and everyone pulled out, but in the last two, three years they have become a compelling value argument because they were so

beaten up. you could also make the argument it's the pure value of the real estate, those malls are close to urban and suburban areas and could be bought by a warehouse reit like prologis should e-commerce take over the world entirely >> many malls have been hit, some have closed, others are trying to fix the problem. how is it going? >> new dna it's going very well especially with the high-end malls. they're seen as experiences now. it's not just you're shopping for clothes or s shoes, you are going for the high-end food courts, the gyms, and also climbing walls, everything i've seen it all it's an experience now >> it's perfect, you can go to the gym, do the elliptical, sweat, go to chick-fil-a and get a 12-piece nugget and waffle fry because you earned it. >> we'll talk about that later and why that logic doesn't work.

>> it's not working for me diana, thank you very much great to see you all right. coming up, a friday segment you cannot afford to miss. navy s.e.a.l. jocko willink is here with john najarian. and the ryder cup is kkiicng off in france. we'll give you a score update. stick around [ telephone rings ] [ client ] - hey maya.

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welcome back good morning here's how your money and investments look right now futures slightly lower down 2 points. let's not even say lower 23 in the red we're not getting a clear indication of which way the stock market wants to go today september is usually the worst month for stocks, but the dow has been up 2% it's been one of the better months for the year. most guests on this show talk about the stock market. buy this, sell that which is why i love your next guest joining us is keith danko from witherspoon partners keith, welcome good to see you. >> good to be here >> you are bringing in ideas

different from the nornm. talk to us about opportunity zones and building to rent and why you think there's a big opportunity there. >> sure, right now there's a housing shortage in the united states, residential homes, there are a lot of folks who want to move from multi family to residential. it's also become tougher to buy homes. millennials are not buying homes where they used to older people are not wanting to own homes. usually they down size to a smaller home not doing that the single family rental area is an area increasing in scope, more institutional participation. opportunity zones tie into that in that the jobs and the tax act has opportunity zones. we're waiting for the final regulations. >> where are they and how do we invest in them >> will be funds appearing the final regs have not come out from treasury but they will allow investors to sell assets,

take the capital gains, roll it into an opportunity investment, hold that for ten years and then exit not forgoing capital gains on the entire investment it's a mix of public policy, tax policy -- >> if viewers are out there saying i made a lot of money in the equity markets, i don't believe the markets will go higher, this could be a place. but this is a future opportunity. it's coming. >> coming any day now. the regs should come out it's a 2019 opportunity. that's the way it's been proposed >> now, this next idea, you have to help me out you said shipping. in the commercial break he sat down and i said shipping, buy a ship you said yes i don't have 1$100 million to bu a container ship how does an investor play that concept? >> there are public companies in europe that are aggressive buyers of ships and also private opportunities.

the united states has not -- or institutions have not financed shipping for years we don't manufacture or build ships anymore. since the financial crisis shortage of newly built ships, the goods have to get somewhere fast can't use drones can't use artificial intelligence, can't use robots, similar to the housing opportunity. these are things for which there is no substitute >> so european ship builders are good opportunities >> european ship owners. >> most ships are made by hyundai in south korea you are talking about the owners >> it's a great time to buy ships in the secondary market. >> i know you're a long-term goldman sachs executive, are you shocked at the strength of the u.s. stock market given everything that's going on >> i think we're in a classic strong dollar, strong u.s. economy. all you hear out of the

administration is america first. people are listening capital investment is occurring in the united states by u.s. companies and foreign companies. it's the best place to be in the world. >> how long can this last. >> possible red flags, energy prices, emerging markets, but as long as the u.s. consumer stays confident and strong, and u.s. tax policy and regulatory policy stays this way, i see it continuing >> i love it buy funds that are coming in rent to build or build to rent opportunity zones, and ship builders thank you. let's turn now to the ryder cup getting under way in france. all eyes on tiger woods for team usa following his big pga win last week. eric chemi, we're just getting started. >> it's 0-0 right now. if you look at those -- >> america first >> 3-1 america is leading europe

right now. they just in the last few minutes, last few holes come back to take that lead it was 2-1, europe was leading but the americans have roared back just during the time of your show >> that's it. >> that's what's going on now. france, not a big golf country >> no. >> they're trying to change the brand. >> all right let's talk about football. nfl last night, thursday night game, rams/vikings >> rams 4-0 now. this was an amazon prime streaming game in addition to the fox broadcast. so what's going on from a corporate point of view, amazon bought the rights to show this on prime spent a lot of money you can watch the typical fox nfl broadcast, but there's all these extra streams. you can watch a uk version, a

spanish version. >> a version only in emoji >> there was an all-female booth. that was brand-new last night. >> is there any proof this is working, all that stuff. i know ratings have been good. >> football this year down only about 2% or 3%, which relative to television is good, compared to the last couple of years they were down effectively 10% each down 2% is a big win for them. >> last night a lot of people could have used a distraction. have a little drool -- >> the future of these different streams will be interesting. let's say you don't want the typical nfl streaming broadcast, you want the l.a. version or you want the minnesota fan version i think you will see this trend where you can pick what audio feed you want. >> eric chemi, thank you very much damage control elon musk clearly a ceo in crisis, what should he do next we have a former navy s.e.a.l.

with advice on leadership. and john najarian will join us to talk about whether he's buying tesla

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annuities can provide protected income for life. learn more at retireyourrisk.org we did that for john najarian it's chicago it's 4:48 in the morning >> you and i would just be going home >> elon musk sued by the s.e.c he's clearly a ceo in crisis what advice would a former navy s.e.a.l. give to elon musk just so happens we have one. joining us is jocko willink, he is the author of a new book called "the dichotomy of leadership." also with us is chick two guy, john najarian. thank you. jocko, great to meet you go navy. son of a navy man here what advice would you give to elon musk right now? >> people strengths are often

their weaknesses you have a guy like elon, super creative super persuasive he obviously can influence people get them on board with what he's doing. i worry that he is so persuasive no one can say no to him he's in an echo chamber and everyone is agreeing with what he is saying and no one is giving him resistance. the book we wrote, "the dichotomy of leadership," is about balance. you can't be extreme as a leader you can't. >> so the board of tesla brings you in they say help us out here. we are afraid to stand up to him. he's a genius, we know that. what do you say to the board >> i would say let's get some -- i don't want to say reins. you don't want to rein in the creative part. >> that's part of why the company is successful. >> at the same time some of that stuff, it's too much so we got to rein in some of the stuff too much, get him focused, bring him inside the box so the

company is more squared away >> john, are you buying tesla? >> you know i did last night i did it on the dip. >> i don't know if you did, you said you were going to there's a different between i'm thinking about it versus i did it >> true. if i'm telling someone else they should be buying, i'm buying it. >> what are you buying >> just the stock. >> not the calls -- >> nothing in the after-hours trading except stock >> you're not scared off by this >> no, i was telling jocko, when we were looking at the charts, we were seeing it has hit 261 three times. 250 is a hard floor to use a military term, hard deck maybe you guys would say it has bounced at that level several times, so i decided to

take a shocht. it's $12 higher right now. we'll see if it holds. >> john, thank you for coming in early. i would never compare combat verse biasing stous buying stoc are leadership lessons you can get from that. when do you know when to walk away >> again, that's what the new book is about. >> that's the reason i asked the question funny how it works >> "the dichotomy of leadership," do you have to take risk as a leader absolutely what happens when you take too muchi much risk, you put the mission at risk. >> is it ego >> we could probably never get john to get get rrid of tesla, s saying it will go up, so that

may be his ego >> one thing we love about john, john you and your brother, you have no problems saying i was wrong. i sold it. i cut my losses. >> right >> sometimes -- sometimes it's okay to lose money >> right >> because it's better than losing more money. >> exactly >> some stocks don't go back up. >> right you know, there's a host of them, unfortunately, lehman brothers, things like that that just disappeared but the discipline you preach and that you live is something that a lot of traders just -- that's why they love your podcasts, that's why they love books like "the dichotomy of leadership" because they need that discipline. i need to cut my losses. when you're in the field and leading a platoon, how do you guys cut your losses because you just can't leave anybody. >> yeah. never quit i have to explain all the time

never quit doesn't mean i'll stick with this original plan that we had until we succeed or everyone dies. that's not a smart move. at a certain point, you say this plan i had was not a good one. i'm not working. i'll retreat, yeah, i will retreat and i will come back, attack again and worry about the long-term win instead of the short-term gratification >> what's the long-term planning strategy trading and investing is like that for long-term strategic leadership think, we have a lot of ceos that watch this show how do you help them cut through the crap, put their ego aside and think long-term for the benefit of everybody, not just their own well-being >> one thing we teach all the time is you have to detach you have to step back and not get caught up in the chaos of that firefight that's right in front of you not get caught up in your own emotions, your own ego you have to detach, step back.

>> how do you do that? >> sometimes when i'm teaching a young s.e.a.l. to do this, i tell them, hey, don't look down your weapon right now. i want you to put your weapon at high port,point it at the sky, step back, turn your head and look around. you have to physically detach. if you're in a meeting, on the desk, on the floor, just say i'm going to step back, get away from my desk i'll look at this from a more strategic perspective. what time do you get up? >> 4:30 in the morning until today. today i had to get up at 3:50. >> i apologize you look like you're struggling. jocko willink, john najarian. time to find out what going on with "squawk box. >> a huge show ahead new news on tesla. you have to watch this we have a lot to talk about. we have a whole group of new guests to get us through this

explain where the stock is going, what's happening with the company, the legal end then we have a bit of sports some great sports influencers, stars, owners in the house michael ruben will be with us, bob kraft in the 8:00 hour lots to talk about >> see if bob kraft thinks how much longer tom brady has to go. >> we'll push on lots of issues. time for your morning rbi. yesterday's intensely emotional and raw hearings on capitol hill gripping the nation as well as wall street. in fact during dr. ford's testimony new york stock exchange trading volume fell by nearly 50% compared to its 30-day average it wasn't just america that was captivated, it was also wall street talked to a few traders, nobody was trading. everybody will their eyes on the television a little bit random a little bit interesting, life goes on, america will persevere

we'll get through this thanks for watching "worldwide exchange." "squawk box" is next have a great weekend welcome to the xfinity store.

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good morning the s.e.c. charging elon musk with fraud over his take private tweet from last month. stock is plummeting this morning. technology under fire. google's ceo set to meet with lawmakers in washington. and it's the final trading day of the quarter we'll tell you how top strategists are preparing their portfolios for the upcoming fourth quarter it's friday, september 28, 2018, 30 days in september, only "squawk box" begins right now. ♪

live from new york where business never sleeps this is "squawk box. good morning welcome to "squawk box" on cnbc. we're live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. our guest host is joe terranovt, a cnbc contributor and a frequent guest here. good to see you. >> good morning. >> we have a lot to talk about let's start off what's happening with the u.s. equity futures yesterday markets were higher. this morning things are relatively flat. dow indicated down by 8 points s&p off by 1.5 s&p off also the nikkei closed higher by 1.36%. 24,120 hang seng up by a quarter percentage point and the shanghai u