electric car-maker shares down 10% in after-hours trading following its third quarter earnings report. investors were hoping for a bigger beat. adam: all right, melissa francis is standing by and you're going to watch her with "money." melissa: we'll get everything you know about smartphones. what if you could have a cool phone with a screen that folded up just like this? how cool would that be? well you can. we'll show you right now. melissa: the incredible bendable phone and could be in your hands sooner than we think. we've seen smartphone makers release curb phones over past few weeks. that is nothing compared to the completely flexible technology. how long until you're folding up your smartphone, and putting it in your pocket? here now are tech experts, eric

and pete. changes for joining us. now the mystery is solved. we were saying to ourselves last week, two companies are raising out with curved phones and you have to ask yourself, why? who needs a curved phone? that may not be what they are really after, right? >> it may be kind of a moment about trying to differentiate a little bit. there is this dual motivation here with trying to pack more pixels and more information into a small, pocket-friendly, purse heavy friendly package. one way to make the screen bigger without making it bigger. melissa: do you agree with that? >> yeah, although i think curved screens are stepping stone toward fully bendable gadgets. they do have some benefits. melissa: like what? maybe if curved holding to your face more easily, but other than that why do you care it being more curved. >> lg tout that is. melissa: do you buy it? >> no because people don't use it as a phone that much anymore. i think benefit is more visual.

less reflect tivity on screens curved and colors pop better and get better picture. melissa: patent filing by samsung looks like a device that looks like a tablet computer with a screen that folds in half. if you have the ipad, fold it in half, i could fit it in smaller purse. all kinds of things like that. how far away are we from that. >> that is definite application. can you also make the electronicses fold along wit. melissa: what is the answer? >> that is a few years ought too. they're getting smaller absolutely. moore's law and path will continue on but you have to make the electronics foldable and flexible along with the display. melissa: talk about how you get there. start with the screen. in order for the screen to fold and bend and not rigid thing we're familiar with, it has to be plastic and endure more intense heat? >> has to hold up to the heat. have to get all the electronicses cooled. do things with polymers and ipads and polymer sensor

technologies. things are getting thinner with the new ipad air. there is no polymer technology that could lead the way but you have to embed the electronics in it. melissa: pete is the next big thing? is this war we're heading? is this not the direction? would it not shatter. one of the big problems with the glass screen, everybody drops their iphone, ipad, and their everything else the screen cracks. >> next medium-sized thing. melissa: that is only medium, bending your phone in half and jamming it in your pocket is medium? >> i question how much benefit there is. even if there is, for example, if you had a pencil-sized device you could roll out the screen that would be amazing, that brings wit the issue of durability. what if this thing were scrunched-up by your kid or fold ited over too far and what happens at the seam if you told it over 180 degrees like piece of paper. melissa: right. >> would it still retain the perfect image if you folded it out again. that is the big question.

melissa: what is your guess on those things. >> probably not so much. as they perfected technology it is inevitable in the far future. what is more interesting going on with smartphones, what apple is doing with 64 bit processing and fingerprint readers is far more -- melissa: nobody case about that. that is not as exciting as phone that could bend and move. some people say it could be be within the year. >> sound to me for all the reasons you talked about before. you bring up interesting thing about rigidity. you could have it in the ipad and could survive drops. that flexibility has a lot of side benefits. melissa: scratches. another huge issue this is one of the other big things came out somebody coming out with a scratch resistant technology, lg. the new self-healing phone that promises to remove scratches like wolverine. heals itself. do you believe that. >> sound like a lot of work with polymer technology. not lot of people give credit to people doing work in materials science on this stuff.

melissa: yeah. >> not just chips and electronics but it is the materials. it is the chemistry. melissa: that's a huge deal for me it is the first thing that happens the screen gets scratched. affects the picture. totally irritating. makes you feel like the phone is not that great. at the same time makes you upgrade. if you have a screen that heals itself i don't know. >> durability and improves lifetime. melissa: lifetime is no good. you don't want phones to have a long life if you're planning on selling them in manufacturing. planned obsolescence. >> healing from a scratch is one thing. if it heals after i put it in the swimming pool or washing machine that would be much more practical measure. melissa: maybe that's next. also there is patent out there for a company developing a wearable device for the head that can play music and take phone calls while singhed with a smartphone -- sinked with. what do you think about that, wearable, bendable device for the head, can play music and take phone calls? >> part after long-term trend migrating from a handheld device

to something always on you, persistent, go everywhere, with you constantly computing. melissa: so it is end of, what i see when i walk around this building and walk around the streets, everybody is holding their phone in front of them, typing and looking at it and holding this rigid device in their hand. you're saying we're going away from that? have it on the hand or wrist. >> would just add, exactly the benefits of bendable screens are actually going to be i think fully realized in wearable technology like thing you said on your head. apply it to certain types of clothing or example, no one wants to walk around with a tv on their jacket but you know you could have indicators on a wrist device don't consume very much power and are very flexible. melissa: sounds like it could be lighter. bendable screen. >> think about it, for the screen if you getronics small enough which is possible, if you wrap it around your arm and disappear not using it and have it appear when a phone call comes in.

melissa: disappear and reappear. whole another level i love it. oh, i can't wait. thanks, guys, appreciate it. good stuff. up next the phone buses for fat cats on wall street are drying up pretty fast. at what point does it not pay to work on wall street? we'll tell you how low it's going to go and whether it is even still worth it. enough of the damn media telling you what they think about the health care fiasco. we'll go straight to the source. are they buying in? don't move. more "money" coming up. er ] it s more than just a new car... more than a new interior lighting system. ♪ it is more than a hot stone massage. and more than your favorite scent infused into the cabin. it is a completely new era of innovation. and the highest expression of mercedes-benz. introducing the 2014 s-class.

the best or nothing. you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love? ♪ customer erin swensons ordebut they didn't fit.line customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make returns easy. unhappy customer becomes happy customer. then, repeat customer. easy returns, i'm happy. repeat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logistics.

♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities.

melissa: when comes to work on wall street some are wondering is it even worth it? d.c. bonuses always been of course the biggest draw. those aren't looking so money these days. enormous government fines are taking a toll. "new york post" false overall bonuses are falling as much as 20%. food news for the -- not good news for potential fat cats. we have the author of buy side, exposes wall street excesses. excellent book there. money guru and fox news contributor scott martin as

well. this is time of the year. everybody starts obsessing about it. bonus time, calculating. to have one of the first headlines come out to say down 20%. based on new york comptroller who would know because he is collecting tax revenue. he is saying looks profits are way down. he thinks profits for big banks this year will be 15 billion, versus 24 billion last year. it will cut into bonus, right? >> probably. we still have the fourth quarter you know, but obviously everyone is looking at fixed income because of quantity quantity, just everyone. melissa: what is that like, bonuses down 20%? if you're a trader and you're wrapped up in that lifestyle? >> most of the people that i still talk to have ad justed their expectation as little bit. still the best game in town. if you're five foot 10 and can't shoot a jump shot and can't run a 4.440, still one. getter games in town. melissa: scott, is still that

the case. >> i don't know i'm 6'2", and can't shoot a jump shot. i don't know what we do about that. most attorneys are right. i think adjustment has been made. this is something that just happened yesterday. this has been going on really since the quote, unquote economic recovery started. that is the other issue. the banks have been vilified the whole time. they have been in the regulatory cross-hairs that it is just now coming out by the way you shouldn't work there. reality is this. he is correct still a great job to have but maybe different than the job there five, 10 years ago. melissa: on comparative basis, we're talking about a lot of money. average salary according to the new york comptroller, bonus, $360,000. $360,700. i can barely say it base it is so much money. at the same time though, like you said this is going on year after year after year. when you talk to traders on wall street, bankers on wall street, they haven't gotten bonus they were expecting since 2007. so it is 20% below an already

low base. are they expected to work less? are they still spending all of their time there, all their weekends, constantly on call? at some point it is not worth it anymore? at what point is it not worth it anymore? >> there comes a point, when you say to yourself, is this worth it? and you know, when i was in my late 20s, i was at a firm called the galleon group. it was a rough place to work but i said you can say whatever you want to me. you can do whatever you want to me if you're going to pay me enough. melissa: what is enough? i think we're getting close to the point where enough, if you look at types of business, there is no volatility in the market right now. >> right. melissa: if you're a beta trader, you did not make a lot of money this year. that is what the bonus is based on. all the extra excesses you wrote about in great detail in the book, a lot of those have gone away. clamped down on the strip clubs. free cocaine, everything else you might be able to get. that's gone. >> right. melissa: all of sudden, compensation is lot lower than

it was used to be. is the work, that much less too? >> no. melissa: no. >> it has gotten so much more competitive. melissa: yes. >> when i was there in late '90s and 2000s, over 50% of the people on wall street were there just for the money. all of sudden a new generation of kids who followed the market in high school and actually love wall street and love finance came into the market. melissa: love wall street. >> said i will do it for half the price. melissa: scott, do you see that, i'll do it for half the price? i know a lost investment bankers have gotten pretty bitter and disappointed at this point and said, boy i spent a lot of time away from my family. i moved all over the place. i went to london and back. i expected to hit my number now and don't look like it will happen anytime soon. seniors at banks not getting what they thought. are we on the verge of an exodus? >> i think people you're speaking about melissa, maybe caught a bad part of the cycle to be honest with you.

the truth is, i would argue some. stuff went on in the, in the early 2000s, whether it was the free cocaine or the strip clubs or whatever people did, was probably unsustainable. you know what i mean? that stuff had to go away. now it is probably washed out too much but, something he said is right as well, which is the job isn't that great when you start out doing it, whether investment banking, hedge fund trading. certainly not like being on the miami dolphins football team but it is not a lot of fun. that is something too you have to kind of cut through that think ends up weeding out those who are dedicated and those who aren't. melissa: those that are really smart. a lot of kids from top institutions would automatically come to wall street and work for goldman. they're not doing that any longer. they're going to california. they're going to tech startups the money is online and internet, in your own business and in your own thing. there is a sea change on wall street. you can feel it. tell me i'm wrong. >> no. you're definitely right. the fat has been cut and weeded

there are either sort of grandfathered into what it used to be like and what other wave are they going to ride right now. i'm 44 years old. i left wall street, what skillset do i have? you know what i mean? melissa: scott, do you have another skillset if this whole thing false apart? what about you? are you going to be tv anchor. you are pretty good on tv. >> thanks. i get a lot of practice in front of a mirror. i can hit fastballs. that is it. melissa, the point is, the government as well teamed up with a lost big banks and brokerages, collectively that looked like wall street with a few companies. these firms, melissa, weren't careful who they got in bed with, look what happened after they got bailed out. now they have been vilified and taken down. melissa: absolutely. you guys are both money. thank you so much. >> thank you. melissa: up next, there may be a little agreement over the obamacare debate. both sides say it won't work if

young people don't sign up. so are they, or is it going on life-support? we'll hear from the millenials themselves. plus, high times are leading to high profits, as more states make marijuana legal to, the bud business is growing like, well a weed. would you take a toke if your state allowed it? it is today's money-talker. do you ever have too much money? peace of mind is important when you're running a successful business.

so we provide it services you can rely on. with centurylink as your trusted it partner, you'll experience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next.

sometimes they just dropn. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. oup: how the world advances.

melissa: the young and insuranceless? obamacare is playing out just the way we thought. but insurers are noticing early buyers of health coverage on the nation's new plan are older than expected. isn't that exactly what critics have been saying was going to happen all along? charlie park is the founder of the youth movement, turning

point usa. catherine temp is from campus rye for. matt welch from reason.com. thanks for joining us. charlie, let me start with you. have you shopped for a plan? what are you doing? >> i have luxury staying on my parents plan for a couple years. i see all across the country, colleagues and friends of mine, 26, 27, 2forced on exchanges and they voted for obama enthusiastically. getting somebody to vote for something and get them to sign up and pay money are two different things, they're saying why should i pay more for the health insurance. count me out until somebody makes me pay or pay the fine. exactly what people have been saying for last two years in critique of the bill. you will supreme premiums skyrocket especially for young people. melissa: numbers out from "the wall street journal" preliminarily. 40% of the people signed up over 50 a 5. they said 24% were under 34. i'm surprised the number is even that large. of the catherine, have you shopped online for insurance. have you bought any?

>> no, i have not. working at leadership institute campus reform, talking to a lot of young people they're not signing up either. a lot are angry when the president switched from saying if you like your plan to can keep it, just kidding no you can't, a lot of plans were outlawed are the cheap bear bones plans that make the most sense for young people like me. for example, community colleges in new jersey used to offer plans to students. now they can't offer them anymore. even students who can afford obamacare there trying to go on to the website, oops, just kidding that doesn't work either. so myself and a lot of other young people are really frustrated, really almost offended the president is expecting us to pay for all this, when you know youth unemployment is so high and we're least able to do so. melissa: matt, you see in the media everywhere, mainstream media or anyone else saying young people are not out there buying insurance. we want to bring actual people on to ask them what they have been doing. do you think this represents the larger phenomenon and what does it mean?

if nobody, if nobody signs up, who is young and healthy, who pays for all of these very expensive people who have, i mean i was reading a story about somebody with cancer treatment. he spends about $6,000 a month out-of-pocket on treatment. you know, went online for hours and hours and hours in a row to sign up because obviously they're unemployed. they desperately need insurance. those people are getting on. so who will pay for that? >> well, that is attacks payers are going to pay for it is the short answer to it. obamacare is predicated on the notion there will be wealth transfer from younger people to from older people. young people healthy don't need insurance will spend money on that money will allow insurance rates over all to not be that high. that is the theory. if you asked a obamacare rollout officials in may and june of this year what does failure look like, and they put it pretty simply.

failure looks like the first day that is rolled out, website down work and young people don't show up. that is exactly what happened. why would you show up? people who signed up right now are people absolutely postively need health care that doesn't describe your average 27-year-old, 28-year-old, 22-year-old at all. it is older people who need health insurance. they're the ones who can -- melissa: at end of the day as we say on the show it is always about money. so people who go to the website are sitting there and making a very basic calculation we knew. if somebody like you, charlie, you're saying to yourself, well let's see, i spent almost nothing on health care last year. now out-of-pocket even if i didn't have insurance. now i look what this plan is going to charge me, i will spend $3,000 a year on. this is money i don't have. why would i spend to have $3,000 a plan or just take the penalty. it is simple math, right? is that how you calculator is there more to it? >> absolutely. the i know other colleagues. great irony of the law, we're starting to see it rollout.

they can't find work or earn very much money. getting enrolled in medicaid. not only in the system, they will be in the cart that will bring down the system, we want our young, 27, 28, 29, 30-year-olds on medicaid system increasing dependence on the government? this is one of the great ironies of the law. young people are supposed to be the ones supporting it but they will be ones at the demise of it. melissa: do you feel a ethical obligation to sign up to participate in the wealth transif he were of supporting people older than you? or is it a simple financial decision where you look at the outlay over the course of the year and what you would actually have to pay to a doctor and make the decision based on that? which is it for you? >> i feel it is, it doesn't make financial sense for me to sign up and i also feel a moral and ethicalobligation not to sign up. a lot of young people feel the same way. obama tried to market himself as buddy with young people. look how close i am with jay-z.

wait a minute i thought i saw you on jimmy fallon during the election, slow jamming news and student loans how you will help me out. here you are expecting me to pay for health insurance for people who are older than i am, sicker than i am, most importantly more able to pay for it themselves. 83% of elderly people own their own home. 36% of millenials still live under their parents roof, you no he. melissa: yeah. >> it is very offensive to young people such as myself. melissa: boy, angry people here. matt, how will it play out in the end? what is the logical conclusion? how do we get out of this? we all see the mess but hard to see how it end? >> unfortunately we have the concept called death spiral. this is what happens when healthy people don't sign up to the new insurance scheme. that means the sicker people do. they cost more money. insurance rates then go up more so the young people are further disincentivized from signing up to your insurance scheme. this is kind of spiral of price that is look very, very bad. the only bailout available for

all of that is taxpayers. and government at large. so that is the way it looks until we get to a position where we can repeal, replace, delay or do something else. melissa: guys, thanks to all of you. >> thank you. melissa: up next, legalized doobie dealers are hoping to cash in on cannabis. is it a top business model or pot proponents are blowing smoke? more importantly, would you smoke it if you could? tweet me. tell me the truth. our pot panel is ready to light up the set. who makes money today. he makes a living "designing women"'s dreams. his world is not looking a whole lot prettier. not sure it is. watch to find out. "piles of money" straight ahead. 24/7. i'm sorry, i i'm just really . really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do...

drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, treatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare. at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery

records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all pruce energy more safely. our mmitment has never been stronger.

♪ melissa: so sit back and ask yourself, legalizing marijuana, would you actually go out and buy it if you could?

don't lie. you are not alone. a new report says one in four people would if it were legal in their state. and the pot business now expected to outgrow the seemingly unstoppable smart fund industry. today's "money" talker potts panel is ready to jump bn. aox new ctrutor a apirnd dominicoman keep us hone a on t right side. what do you think, one in four? who is in? would you buy a small? >> yes. i drink. melissa: is there a difference? >> if it were legal is there a difference in your mind between drinking and smoking pot? >> there is now because of the law, but most of the people are on his side, 58 percent are in favor. that is the first time ever. melissa: what about you? would you? >> if it is llgal, why not. melissa: julie?

>> ed -- i favored to alcohol. >> i'm guessing as smoke that has toxins in it. >> cigarettes are. i cannot imagine that -- tracking while driving, has anyone died while -- >> you would have to look. >> i don't know. people get violent. >> think about it. prescription drugs and medications. people do a lot of stupid things that is not a reason to go either way. economists from harvard, potentially at $20 billion industry if you include the illegal and legal part of it. 8 billion is spent every year i enforcing. investors, i think -- we are seeing that they are gobbling up profits like the munchies. [laughter] >> but here is the deal. he talked about growing, i mean, as a percentage, we have 20 states right now that have legal

marijuana from medical use and to for recreational use. but i mean, from $1 average. melissa: on a percentage basis, and continues to grow and as it becomes legal in more and more places doesn't it feel like it is starting to be a runaway train? >> absolutely. even in new york right now it is now a misdemeanor and it used to -- a year ago they changed it. we just have someone famous here who got arrested for trying to sell pot. the bottom line is states are still strapped as spending money on enforcement. melissa: collecting tax revenue on sales. spending money on enforcement or did they just want to tax revenue? >> libertarianism, an interest in is because i unfortunately am not a smoker. >> a democrat. >> i am a democrat. yes. to me it is like a personal rights issue.

why can't you? >> it is interesting. >> i have a problem. >> that is a little different. this is a different kind of drug. we're talking about societal norms. it is growing faster than the smart phone market, 2012-13. 46 percent as opposed to the marijuana market of 64%. investors are seeing the opportunity, and rare stunned to see a bit of a revolution. this is like the early days of the internet. melissa: it is. you should get in. >> be careful. melissa: is there a difference? we are talking about the slippery slope. you say, why can't you do other drugs? i feel like the line between alcohol and marijuana has gone away. >> in moderation alcohol does not change your brain chemistry. in moderation i am not an expert

i do not think smoking pot changes when it comes to, but heroin, acid, that does change your chemistry. melissa: why is that where you would go one? >> you draw the line where public opinion is. a lot typically follows. right now we have very strong support for this. there is no evidence that it does great damage when used in moderation, but isn't it interesting, the same people that are for small government and no intervention get all tied up in knots when you talk about legalizing. melissa: i don't know that it is the same people i may not do it, but if you want to do what you want to do in your house, you're not hurting anyone besides yourself. >> but that is my attitude. i say that as a democrat. >> now because it is not legal. the profits going to criminal

forces. melissa: ceiling glass everywhere and do away with that. >> 6 billion is the estimate. if marijuana were taxed to the same degree as out call and tobacco, that is the additional revenue. melissa: too tempting to pass up and a time when we see county municipal state budgets so strapped. don't you think more? >> unfunded. melissa: less true, but how many people as saying, not going to smoke pot because it's not legal. yet the president of the stage, the former president of the state's. all of these people and. melissa: they say they would never buy it, but what if it were legal. 26 percent say they would buy and on rare occasion. >> there are afraid of getting busted. melissa: look at the numbers. of the ages from 18 to 29, two-thirds are in favor. this is the way we are trending. melissa: a great point. all right.

money has been flying around the world. first to india, launching a rocket to mars in a bold move to enter the global space race. the older mission is scheduled to orbit by next september. india's space program has don't -- drawn criticism this attempt may cost india $73 million. it is much lower than the missi. and europe and russia. next, to the cayman islands. english tax evaders be where. the british territory signed and information sharing agreement to help british authorities improve tax collection. all information on taxpayers held in the cayman islands will automatically be provided to her majesty revenue. they will use it to help those trying to launder and hide money to pay any tax that was somehow in and partly for iran.

landing in japan where cars will soon be able to read your mind. i am afraid of this one. toyota is unveiling a color changing mood of reading car at the tokyo auto show. it is still in the concept stages. engineers envision the car using applications. the use of facial and voice recognition. what is the car looks like when you have reached? all right. nothing short of electric. the stock up more than 400% this year it is the day of reckoning. the big report just came out. did they crash and burn? stay where you are. at the end of the day it is all about "money." ♪ bny mellon combines investment management & investment servicing,

giving us unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments

which are used to build new schools to build more bright minds. invested in the worl bny mellon.

♪ melissa: tesla is finally facing its day of reckoning. it has been on a wild ride, but

shares are diving after hours following its third quarter earnings report. the electric car maker beat analyst next to -- estimates, but alex fell short. naysayers are wondering if it is driving off a cliff. joining me now, president of amg capital. let's start with you. what do you think? >> a little underwhelming because it is priced in. they will be on a path to be like bmw in five layers which is unclear from this report. it is just not growing fast enough. it looks like maybe it is just a lot of early adopters. it is something like 100,000 people. melissa: i mean, this is what is incredible to me. 5500 model has cars. gm sells almost one-half million. >> think about the upside opportunity.

that is of long way. 5,000, two and a half million. >> i agree that there is so much of sight, so many countries with so much money, and tesla's study begun to then get. bringing out and rolling out new models, and there is just outside. tesla barely even moves. can you imagine what they will do? there are those that love tesla because it is electric, green, beautiful lines. melissa: it is priced as such would be your point. even if you give her everything is jesus said, the stock is up how many hundreds of a percent so far? >> everything you just said, you described portia. that doesn't take you to a hundred billion dollar mark. >> that is what is different. the market. we pay for innovation. that is will we love and want. apple is yesterday's innovator.

does not mean it is not a good company town. but tesla is a new growth driver. melissa: i'm glad you bring up apple because everyone was just in love with apple. a lot hotter, lot more people sense. now wall street is out of love. does the same thing happened? >> there will never be an auto company that will trade much tighter. someday they will get -- let's say this huge market share. it is a sick it -- cyclical business. competitors are strong. it will come out. no one will pay the ratio forever. that is what tesla's future will be. melissa: so much of this is about him. his magic, his company. is to transform it into a different kind of company? what if it became the i car? is there something revolutionary? >> that is possible. he is brilliant.

a phenomenal leader. and he delivers and executes. people laughed at him, and he is a joke in some many ways in circles, but to me at taken seriously. those of us that were shorting his stock, we got shut down long ago. this was a $15 stock last may. high on it. tesla is going to be a winner, and it is not just pulling rabbits out of a hat, companies like sears. this is a company that is totally the opposite. >> the real come parable, you can say all those things. but if you bought in 99, a tick francis@foxbusiness.com are 15 years. the peso much. just a bookstore then. they dominated everything. still to a camp -- very recently, that is the path you are on. you are paying for the prosperity that has not happened yet. they have to be able to succeed.

melissa: but did you look? >> if all those things happen. melissa: that is the point. i mean, ---3 >> this is a great entry point. some are the stock is still down 11%, 50 to 20%. that is where an investor should gain. melissa: are you adding to your position right now? >> i will buy the stock. see where it opens. could easily end the day up. that will be the real challenge. it will have a lot of short sellers will have to cover. melissa: a woman on the stock. there are great companies and people. succeeded. in a ball -- raise enough money. these are all wonderful things. the top five auto company which is what he has to be to rationalize this price. melissa: toyota has a

$203 billion market cap. >> but there a long way. melissa: i will leave the says here to fight about this. next on "money," will a turkey, stop you from your holiday shopping? we leave the table and follow the sun begins buying? stores are hoping that you will say yes. you will not believe how the whole idea may already be backfiring. stay right where you are for "spare change." if you can never have too much "money." ♪ you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love?

♪ ask me what it's like to get your best night's sleep to do every night.? [announcer] why not talk to someone who's sleeping on the most highly recommended d in america? ask me about my tempur-pedic. ask me how fast i fall asleep. ask me about staying asleep. [announcer] tempur-ped owners are more satisfied than owners of any traditional mattress brand. tempur-pedic. the most highly recommended bed in america. now sleep cooler with extra cooling comfort on our bestselling tempur-breeze beds. visit tempurpedic.com to learn more, and find a retailer near you.

♪ melissa: time for a little fun with "spare change." thank you, ladies for joining us. the holidays are around the corner. in an unprecedented move kmart

will be open for 41 straight hours starting at 6:00 a.m. on thanksgiving day. really? a slew of retail giants planning to keep the doors open for more than 24 hours. macy's, sears, calls. already customers are seeking out the whole business plan behind it that could be backfiring. what do you think? is there enough stuff for 41 hours? >> i was looking on line, and there was a piece looking at all of the pictures. they were pretty dismal. some of the shells were unstalked, but if you think about it denies year's overall reported quarterly earnings and lost $194 million. this is almost a tactic to try to get people into the stores and get that price up. whether not they have the products to sell. melissa: is this the tactic? kirsten started with, we did this before.

hourly could you possibly open. before it was sacrilegious to be open on thanksgiving. now that is out the window. they will stay open for 41 hours straight. what is next? what would you tell them? >> desperate times. start knocking on people's doors i think it is a desperate measure. at think it is working in terms of detention -- the attention that they want. if we can get people talking, free advertising for us. maybe that is what we want, but i think it is sad that people have to work on thanksgiving. of course you want to work for a store, maybe it is your choice, maybe it's not, but it is kind of a bummer. melissa: this holiday season will be the worst since 2008. it accounts for 20 to 40%. here they are. out of the gate even with all of these gimmicks morgan stanley saying it will be worse than

ever. why worse than ever? >> retailers are buying for market share. think about what we just saw with the government shut down. melissa: i don't think they remember the government shut down. >> it has a long-term effect. they think that if the government was shut down, what is next? and other shut down. melissa: everyone got there pay check anyway and went shopping. melissa: what is going to happen long term, a fear instilled in the consumer. the retailers are understanding that and seeing it and want to make a plan long term. melissa: could it backfire? basically it is supposed to be a family company. people working it would like to be home with their family on a minimum-wage job. backfire for the pr cents or no? >> i think it could and is. but i think that in the end

these retailers get away with it. those who want to partake can, and those who are curious, like myself -- melissa: tea shop on thanksgiving? >> i never had been. two years ago. i went with my mom, was in minneapolis. no one is going to be there. ridiculous. at that it would be proven right it was a lot of people. melissa: 11:00 on thursday. >> i am reporting from the front lines at a walmart in new jersey. melissa: good for you. how come visit you. maybe not. up next, have made "money" today. beautiful clothes are bringing in big box. a beautiful day for investors. people tell you who it is right after this. you can never have too much "money." ♪ [ male announcer ] it is more than just a new car... more than a new interior lighting system.

♪ it is more than a hot stone massage. and more than your favorite scent infused into the cabin. it is a completely new era of innovation. and the highest expression of mercedes-benz. introducing the 2014 s-class. the best or nothing.

introducing the 2014 s-class. at od, whatever business you're in, that's the biness we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises.

>> on wall street or main street here is to make money today. ideals and handbags and help the sales surge hoping to beat the street and the third quarter earnings reporting european sales are up 101%. investors clearly loving what they see shares moving up 5.8%. the fabulous founder owns more than 4.4 billion shares -- corporate 4 million shares. everyone uses this bankamerica atm machine near fresno california customers were given $50 bills instead of 20 is all day on saturday. but they said they have video and personal

information on everyone who used the machine and will work with customers on an individual basis to get the money back. also big startup money justin bieber is part of a new team focus social that work. leading a spee ground in the company that is not random at all the company behind it says there will beea gaming focus. obviously. to maroc williams of the burning question who are the better multitask years? men or women? you may be shocked to see the answer. to bar all have a great evening. the willis report is next.

gerri: i am gerri willis. tonight to of the willis report. election day across the country and one big see me verges. another big part of obamacare not coming together as planned. not the exchanges or the web site but the young people. 5% down payment mortgage making a comeback what does that do for the rest of us? tonight. "the willis report." gerri: our top story tonight