the car of a company also owned by elon musk. it sounds like a gruesome summer for the billionaire. >> the recent incident now with spacex really has been pretty bad timing because investors slowly seem to lose their patientce with elon musk when he decided to buy the company solar city. there was quite an outcry on wall street. now there is a payment due a $400 million. they might the short term liquidity shortage. bigger investors are not necessarily reeling. elon musk is a visionary and divisions take time. it seems to be an issue at the moment so the stock was down about 5% on thursday. kristof: difficult times for elon musk. it look at the u.s. automobile market. car sales were surprisingly weak. fresh data shows it is disappointing. >> from august, it is booming. there are indications that it might come to an end. general motors reported sales drop of a percent. and also bmw sold fewer cars. there is an indication that it might be over. kristof: thank you. here is language you don't hear often from the leader of a multinati

emily: rehearsal much about elon musk, jeff bezos, richard branson.see the most opportunity? foreally the opportunity innovation is coming from the new technology that emerged in the last 10 years. that's now this in version has gone on in the aerospace industry. last century, innovation of space meant making satellites bigger and bigger. that meant they were more expensive, harder to launch. in had to radiation hard them, give them redundant systems. the whole industry collapsed under the cost and weight of those. it was a dark and try time for the space industry. in that vacuum these philanthropic billionaires came in with a sense of mission, but more importantly, students from cal poly and stanford figured out that they could get their sensors into space by using cell phone parts, and create these very small cube sets, and suddenly space became cheaper. 50 years of moore's law was there to be harvested. andsee companies like spire others taking advantage of this cube set platform to disrupt the entire space industry. emily: do you think it's possib

coming up, elon musk unveiling a bold plan to colonize mars. we will explain how he is planning to build a martian city of a million people. our exclusive interview with bob right felt and why he says unicorns are delaying their ipos. and more trouble for facebook. onered to delete all data .ermany's whatsapp users speaking at a space summit, elon musk says he wants to build a city on mars. -- it is something we can do in our lifetimes and that you can go and is there really a way that anyone could go if they wanted to? that is really the important thing. it could taked between 40 and 100 years to create a self-sustaining civilization for as many as one million people. so how does spacex pant to get us to mars? what kind of financing would a project like this need? andessor of aeronautics astronautics scott hubbard. incubatesis -- who space companies. scott, i will start you. do you believe we need to go to mars and why? scott: of course. i have been collecting reasons for the past 40 years. it is exploration. a he said, this could be hedge aga

emily: we hear so much about elon musk, jeff bezos, richard branson.o else is out there in this industry? where do you see the most opportunity? david: really the opportunity for innovation is coming from the new technology that emerged in the last 10 years. what has happened is there is now this inversion that has gone on in the aerospace industry. through the last century, innovation of space meant making satellites bigger and bigger. and that meant that they were more expensive, harder to launch, so you had to radiation hardened them give them , redundant systems. the whole industry collapsed under the cost and weight of those. it got into the billions of dollars. the whole industry collapsed. it was actually a very dark and dry time for the space industry. so in that vacuum, these philanthropic billionaires came in with a sense of mission, but more importantly, students from cal poly and stanford figured out that they could get their sensors into space by using cell phone parts, and create these very small cube sets, and suddenly space became cheap

rom elon muskming -- from elon musk after a tough week.g up, baidu's ceo shares his vision of the future, complete with driverless cars and digital personal assistant s. this is bloomberg. ♪ taylor: i am taylor riggs. assia wants a compromise in dispute with japan that stretches back over 70 years. at the end of world war ii, the soviet union occupied four small japanese islands. in an exclusive interview with bloomberg editor in chief john micklethwait, president vladimir putin said resolving the conflict should be part of developing a long-term relationship. we putin: several years ago, discussed this topic, and we met him halfway. so in the past couple years, led by initiative from the japanese our partners are showing willingness to return to this topic. we are talking not about an exchange, but finding a solution where neither of the parties would loose. wieeighedesident putin in on the american presidential candidates. with all the shock tactics of not only one, but the other candidate, they are going the wrong way. people. very smar

elon musk was due to unveil his plans for a large colony and how that would take effect.aunchpadall on the and the $200 million communication satellite to be used by facebook destroyed. second failed's launch in 15 months and it deals a blow to the company's plan of transforming the business of space. founded in 2002 by billionaire entrepreneur elon musk, the goal has always been to make spaceflight routine and affordable. ink ampany has gone on to contract with nasa to carry supplies to the international space station. spacex is not the only company that provides rocket launch services. what sets them apart are their prices. they charge considerably less than their competitors. on average, they charge around $100 million per satellite launch compared to united launch alliance which charges about $164 million. not suffered as complete mission failure in more than 100 launches since the has been2006 and ula arguing that the high reliability justifies the higher cost. spacex is scheduled to carry out eight more launches through that unity of the year and those flights are l

david: not a good day for elon. hurricane hermine, not hermine, barreling up the florida coast with winds of 75 miles an hour. we have an update where the hurricane will make landfall and how fast. >> we're going to have storm surge, wind, rain. we're going to have flooding. all of this together, and partings of it by itself are life-threating. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold, because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well fitting dentures let in food particles. just a few dabs of super poligrip free is clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. try super poligrip free. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. with it, i earn unlim

this has been elon's dream. he wants the human race to be interplanetary.we'll be watching for what elon musk says tomorrow, putting meat on the bones of plan.laborate david, thank you so much for sharing that update. i want to move on to the cloud storage and if the structure company that is about to go public later this week. alex is here with me in the studio. they have set the price range for the ipo and are expected to go public on friday. what are investors looking for? >> this is an interesting company because they have been on file for a while. the two main things investors should be asking about, one is profitability. still not profitable. for has come to mind investors these days. the other thing is dell is actually one of their biggest partners, and they sell a lot through them. nutanix has not told us how much of its revenue comes through dell. dell has bought emc. the m where is one of nutanix's biggest customers. emyre is a bit of frien going on here. emily: and we expect the actual price to fall given what we have seen in the market environme

elon musk planning a human colony on mars with tickets at $200,000 a pop. can let us know which you think of today's top stories by following me on twitter. don't forget to include #trendingbusiness. today, butins close singapore, malaysia come online. here's a look at what is happening so far this morning. counting downre to the biggest ipo we are likely to see this year, china postal savings bank at the bottom of the hour. have a look at malaysia and singapore, both up by .1%, so a little upside to the asian markets. we are weighed down by the , japanesef by 1.3% equity stocks rallied monday post-presidential debate, so we have factored in that rally on the back of the presidential debate with markets perceiving hillary clinton as the winner. we are seeing the yen back in favor today, so weighing on the nikkei. in japan 1000 stocks with the dividend as well. we are often korea, some upside in australia. we are seeing a rebound in the crude price. new zealand is holding onto its gains, up by .2%. let's look at what is weighing down japanese equities. , oil

elon musk tweeted verse 8.0 download tonight. a model "s" owner who did not want to be identified showed us the notice this popped owe on touch screen. you sit in the car in the morning and this screen will positive up and show when the software update can happen and they picked in the mill of the night. all the upstate for the autopilot feature allows the models to rely more on radar than camera, tesla has have a radar made after 2014. elon musk said this will help avoid crashes like the one that killed a tesla driver in florida in may. that driver was using autopilot when it crashed into a big-rig that the tesla cameras failed to protect. the tesla tomb said the upgrade to the system means the car should always hit the brakes correctly even in a u.f.o land on the freeway in zero visibility the despite assurances, people have mixed opinions about using autopilot. >> it is not autopilot but for me, more...it is helping me drive, driver assist. >> you feel safer with it? >> i do. >> this is our primary vehicle with the kids so...

elon musk says the changes could savedmproved the -- is this driver's life. how so?ana: what -- what he'sd saying now is the radar is good enough, it should have been able to identify a large object ike the truck that was in the path of the driver that was killed. emily: how does this fit into the future of tesla and what else elon musk wants to do when it comes to economy? dana: more than 90,000 cars are driving every day with autopilot and tesla says it is getting 1,000,000.5 -- a million and a half data. say what you will that musk in beta testing, cars are learning from each other. how are investors digesting these updates, there has been a lot of news coming out of tesla along with the .erger wit investors how are digesting this? dana: shares rose a little bit because tesla is proving it can make improvements to the technology and they will continue to do so. the fleet learning is an aspect that no one else really has and the -- [inaudible] they: remind us and difference in strategy between elon musk and google which is going after fully economist cars. --ssed w

. >> certainly a rough day for elon musk and both of his companies both felt it today.ets start with spacex because the video that came out it was stunning. the explosion on the launch pad, we should point out that there was nobody injured in this explosi explosion. any of the cargo that was on there including the satellite of a complete lost as you can imagine after an explosion like this. the lost of the falcon vehicle today during the operation originated around the oxygen tank is still unknown. that was a couple of hours ago, we have not heard from elon musk of the explosion of spacex rocket launch that had the explosion in florida. >> a rough day for tesla. a lot of it started yesterday after the company had a filing and they outlined the fact that they would need to do a capitol raise or an teequity capital raise. where it was at the end of the second quarter for tesla, they had some expenses in cure inside the third quarter or will in cure through the end of the year. what you are left with is a cash cushion unless they do a capitol raise or a cash cushion of $40

if there is any progress in technology it will come from guys that can dream like elon -- elon musk.ay way to go. >> you don't even want to go to another country. >> i used to live abroad. i traveled. i just font feel like i need a passport. what do you think i am moving here? >> we will do a daycation. when it comes to mars, i am against it because we know it sucks. >> yeah, the worst place on earth -- mars is new mexico, right? they are pretty much the same only you get to jump higher in mars. they look exactly the same. why would we go to new mexico and jump higher? why not wait for another planet that has things that are cool to do there. >> we can make mars great again. >> fair enough. >> you have been to places. albuquerque, there are nice towns in new mexico. >> okay. if you have never been out of new mexico, i can see that. >> they will come after you, the new mexicans. >> no because they never leave new mexico. >> the martians. you have to worry about them. >> that's what i think. if people want to explore you can't live there. there is no atmosphere. >> one. people i went t

elon musk says these updates would have saved this driver's life. how so?e are having some technical difficulties. -- it should have been able to identify a truck that was in the path of the driver. picture, the bigger how does this fit into the future of tesla and what else elon musk wants to do when it comes to the economy? >> i think the real differentiator for tesla is that more than 90,000 cars are driving every day with an tesla says it is giving about 1.5 million miles of real world data every single day. gives them an enormous leg up from competitors still testing the technology. say what you will that musk going first in beta testing, cars are learning from each other. emily: how are investors digesting these updates, there has been a lot of news coming out of tesla along with the merger. however -- how are investors digesting this? dana: shares rose a little bit because tesla is proving it can make improvements to the technology and they will continue to do so. the fleet learning is an aspect that no one else really has and the -- [inaudible] emil

lauren: elon musk wants you to calm our son.n fact, he can colonize mars in the next decade. >> i wanted to really encourage you have the community in general to think about generosity seriously. lauren: each space x will be powered by 42 mentions it will be able to carry up to 200 passengers to the red planet. as will cost cost around $10 million, hitching a ride for customers to mars. it will go for $200,000. the long-term goal is to build a similar nation of a million people on mars or a question to you. let us know and twitter, which you live on mars? let us know. he wants to have some pizza places up there, too. nicole: good to have it back. let's take a look at the latest in the world of sports. in baseball the new york yankees were unable to when a division title after tyler austin hit a two-run homer in the seventh inning to disk a final score six-four. and in the 11 game winning streak. taking a major step towards the wild-card spot now moving to games ahead of the orioles for the first 12 track position. the new york m

about sensitive sales datas written with abriefations and lower case like elon musk does. he was not fooled and said an internal investigation showed it came from the chief financial officer of quest integrity group. so, stay tuned. >> time is almost up to opt out of spores authority sale of personal customer datas and are not making it easy, you have to get a code and then you can opt out of your information being sold as part of bankruptcy. olive garden sold 21,000 pasta passes in less than a second. this year she sold 20,000 compared to 2,000 a yearing a. those that snagged one are treated to seven weeks of unlimited we pass that at olive garden. >> it appears twit we scored with the first thursday night football game, last night the nfl game between the jets and buffalo bills was broadcast on twitter to mostly rave reviews. the streaming of the feed was free of major glitches but some complains of we buffering and lag behind the tv broadcast. twitter will stream nine more football seasons. the jets won 37 to 31. proposal for a new home for the raiders in las vegas is n

elon musk clearly has a lot on his plate right now. coming up facebook unveils a new way to share live video. we will talk to the former product manager of facebook live who recently launched another live video streaming company that will compete with his former employer. plus maddening and disappointing. tim book has strong words for the e.u. reck lators going after his company. but will ireland still back him in an appeal? that is next. this is bloomberg. emily: another story we are following. apple's fight with e.u. reck lators over -- regulators over a $14.5 billion tax penalty from illegal state aid from ire-round. c.e.o. tim book is confident the company will win a court fight upon appeal and here he is speaking to the irish broadcaster r.t.e. >> it's maddening. it's disappointing. it's clear that this comes from a political place. it has no basis in fact or in law. and unfortunately it's one of those things we have to work through. i have faith that eventually what is just and right will occur. and i don't -- i don't believe the

. >> elon musk says he wants to send us to mars. just ahead, is it time to buy your ticket to the red planet? the families of the people killed in the "pulse" nightclub massacre will get 350-thousand dollars each. the money comes from dio >>> happening now the families of people killed in the pulse night club massacre will get money from donations. you can get the full story on our website. >>> and people from all around the world are traveling to the argentine peninsula every year to see withins breeding. that's how he likes it. elon musk -- t man o broughtus e >>> ambitious and exciting. elon musk, the man who brought us tesla wants to talk us now to mars. >> but is the red planet really within reach? scott, it's got to take a long time to get to mars, right? >> reporter: that's putting it mildly. you're right, elon musk says he wants to take us to the red planet, but experts say don't buy your ticket just yet. earlier today, the space x founder and tesla founder unveiled video showing how his company may some day get up to the re

elon musk is banking on it. he is detailing his new mission. >> next in money watch cutting the price of a smart watch. why your health insurer may one in eight women will face breast cancer. early detection can mean the difference between life and death. planned parenthood gives new hampshire women access to life saving cancer screenings. but ayotte voted to defund planned parenthood six times. why? because ayotte opposes a woman's right to choose. in her relentless effort to overturn roe v. wade, ayotte puts critical cancer screenings at risk, hurting new hampshire women. kelly ayotte: putting her personal interests ahead of your health care. >>> 4:43 in today's money watch managers of a big bank paying the price for a scapeddal. >> and a warning if you -- scandal. >> and a warning if you have chicken nuggets in your freezer. jill wagner joins us live with those tore he is-- stories and recalling more than 130,000 pounds of chicken. they are fully cooked panko chicken nuggets could contain chunks of plastic. t

the c-e-o of space-x and tesla motors -- elon musk -- outlines his plan for a mission to mars. musk announced his colonization plans at an international space exploration conference in mexico. he believes mars will be colonized within the next 50 to 150 years. musk says any

elon musk has a lot on his plate right now. coming up, facebook unveils a new way to share live video. we'll talk to the former manager of facebook live that recently launched another live video streaming company that will compete with his former employer. and maddening and disappointing, he has strong words for the e.u. going after his company. ♪ emily: another story we are following, apple's fight with e.u. regulators of a tax penalty over illegal state aid from ireland. c.e.o. cook has said he's confident the company will win a court fight. here he is speaking to the irish broadcaster rte. >> it's maddening, it's disappointing, it's clear this comes from a political place. it has no basis in fact. or in law. and unfortunately, it's one of those things we have to work through. i have faith that eventually, what is just and right will occur. and i don't believe the journey to get there will will be all roses by any means. i think there will be ebbs and flows of it. but i do have faith that the right outcome will occur. emily:

if you're skeptical, as much as i admire elon musk. i just don't buy these space projections.ve been making them for years and years. it's always one way away, two years away. >> if you don't dream big you don't dream. >> just show me the results. show me the spacecraft. so me the space ship. >> show me. >>> let's get an early start on "your money." investors liked what 93 saw from hillary clinton in monday's debate. clinton is seen by wall street as the more predictable candidate. private prison operators, they didn't get a debate bounce. they got a debate trounce. shares up corrections corp. of america. clinton said he would like to seat private operators banned from state systems following the move to take out of the federal prison system. >>> new signs that consumers are feeling pretty good and they're not worried about the election. the reading is 104. by comparison, it was at 25 at the worst of the recession. this is according to the conference board which is a business association that tracks these things. driving the optimism, unemployment, 4.9%. president obama's appr

so elon musk chiming in on the space x explosion that happened. the space station there earlier today, so musk tweeting, loss of falcon vehicle doing during propellant fill operation, originated around upper stage oxygen tank, cause still unknown, more soon. musk is the founder and ceo of space x, again, we saw this rocket explosion this morning. here just behind me, it's a bit overcast but you can still see the smoke billowing up. back over to you. >> morgan, thank you. morgan brennan, cape canaveral. >>> turning to apple tim cook says he plans to bring back billions to the united states. he told an ireland station that the e.u. bill is total crap. here to join us is our own john fort. jimmy, i'll start with you. why do you think more u.s. companies will bring back cash now, even if the tax code doesn't make that palatable? >> i don't know if tim cook was crystal clear that he's going to bring back that cash no matter what. no matter what happens if we have a status quo. i think what he was doing was making it very crystal clear to lawmakers in w

elon musk's hopes to bring humans to mars within the decade. a look at his highly-ambitious vision to colonize we are one nation under god. te, we are one nation indivisible. i'd like to punch him in the face. you know what they used to do to guys like that? they'd be carried out in a stretcher, folks. i could stand in the middle of 5th avenue and shoot somebody and i wouldn't lose any voters. priorities usa action is responsible jacky rosen: i'm jacky rosen, and as a computer programmer, i created apps... before they were called "apps" and i learned there's always a smart solution. as president of my synagogue, we found a smart solution to rising energy costs... creating one of the largest solar projects in the state. in congress, i'll work with democrats and republicans to improve our schools, and create good jobs. i approved this message because i know we can dominos... but they got the order wrong. instead of her chicken wings... she found stacks of cash! box, i'm thinking they're breadsticks." "i was like, i can't keep it, it's a crazy amo

elon musk is the largest holder. fidelity and google have a stake. earlier investors tend to be his friends who believe in him. what is interesting is that last year, spacex had a mishap where one of their rockets blew up and six months later they landed a rocket back and then in april they landed on the drone ship so they have had mishaps followed up by extraordinary success. having another mishap is unfortunate but i do not think ell.s a death n emily: we will be right back. this is bloomberg. ♪ emily: now to a story we are watching. snapchat has taken out a line of credit with morgan stanley to give them flexibility ahead of a public offering. the startup known for its disappearing messages and has not had yet serious talks with banks about an ipo. evaluation of $18 million, it is sure to have plenty of suitors. still to come, ford scoops of the san francisco started to tackle traffic congestion in the world's biggest city. ceo mark fields joins just to explain the deal next. if you like news check us out on the radio on the bloomberg radio and on

>> you know, elon musk is a dreamer, an inventor, and then an entrepreneur, and in that order. he has great ambitions for the world and mankind across energy, transportation, intergalactic travel, and he seems to have figured out a way to build real businesses around each of these dreams. so i think you can never count out elon in this regard. >> but this strikes me as the sort of venture that very few if any vcs would put any money into. colonizing mars? how long do you have to wait to get your money back on that type of investment? >> well, i don't think i would be around to get me money back. but i think he's noted this would involve some sort of private/public partnership in terms of financing. >> it's an exciting, bold idea from elon musk, but doesn't it raise some ethical questions about whether humans will contaminate or disrupt life in mars? >> i think it's too soon to tell. i think we actually have enough challenges here on earth. but by putting a framework in place to actually move on to a new planet, even if he doesn't reach the colonization goals he has around timin

elon music is giving us new insight into what may have gone wrong. >> and colin kaepernick under fire again, this time over a pair of sock. >> plus the omg video of the day you've got to see. here is tonight's social sound year's list of best and worst states for student debt? let us know what you think. results coming up on 12 news at >>> can you call it whatever the hell you want, they're gone. >> the new donald trump is still the old donald trump when it comes to immigration. trump teal dealing blows to la tee foes and dreamers during his speech at the phoenix convention center last night. >> one of hi hispanic advisors is quitting over it as people talk about drastic differences we saw between presidential candidate's message when he went to mexico city and the one he made here a few hours later in the valley. >> brian ra -- bran raznik joining bus the latest. >> reporter: donald trump was sounding softer on immigration, touting a more humanitarian line while in mexico. -- in mikes a little more than 24 hours ago. now he is making it very clear, he figures a hard line stance ohio,

spacex founder elon musk. denture paste to sea-bond denture adhesive seals. holds stronger than the leading paste all day... without the ooze. with stronger, clean sea-bond. impressive linda. it seems age isn't slowing you down. but your immune system weakens as you get older increasing the risk for me, the shingles virus. i've been lurking inside you since you had chickenpox. i could surface anytime as a painful, blistering rash. one in three people get me in their lifetime, linda. will it be you? to help protect her against you, shingles. zostavax is a vaccine used to prevent shingles in adults fifty years of age and older. zostavax does not protect everyone and cannot be used to treat shingles or the nerve pain that may follow it. you should not get zostavax if you are allergic to gelatin or neomycin, have a weakened immune system or take high doses of steroids are pregnant or plan to become pregnant. the most common side effects include redness, pain, itching, swelling, hard lump warmth or bruising at the injection site and headache. it's important to tal

space-x founder elon musk >>> elon musk has a plan for mars. he will use this to carry it out. he announced his plan to build a self-staining city. before building it you have to interplanetary system. this is how he open hopes it will work. they will have just enough fuel to get there until a booster would arrive and attach itself. it is off to mars. he explained why he is so interested. >>> i don't have a dooms doomsday alternative is to be a species that i hope you agree that's the right way to go it will take 80 days and $200,000 for a one way ticket. he hopes it could start in 7 years. >> the royal family in canada. and they attended a tear moan marking the wreck reconciliation it was to heal the wounds. and their son prince george joined them for the trip but sat out the event because of the it was past his bedtime. >>> still ahead the milestone adele hit in her career. for me, shopping is a three step process. step one: walk the aisles. two: find the deals. step three: see, that's what's great there is no step three. that's how i save at publix. oh yea, everything is dig

rapid wrinkle repair works in one week. >>> space pioneer elon musk h >>> elon musk has his sights on mars. >> ahead, his ambitious but dangerous plan to colonize the red planet and the price tag for those brave enough to make the trip. >> the news is back in the morning right here on "cbs this morning." is right back in the morning right here on "cbs this morning." announcer: this portion of "cbs this morning" sponsored by walgreens. >> this portion of "cbs this morning" sponsored by walgreens. at the corner of happy and healthy. when it helps give a lifesaving vaccine to a child in need. ♪ thanks to customers like you, walgreens "get a shot. give a shot." program has helped provide 15 million vaccines through the un foundation. it's that easy to make a difference. ♪ walgreens. at the corner of happy and healthy. the things that i consume a lot of it is very acidic. the enamel on my teeth was actually weakening. the whiteness wasn't there as much. my teeth didn't look as healthy as others. my dentist said that pronamel would help fight against that erosion that foods and drinks were

tesla and space-x ceo elon musk wants to colonize the red planet. an unmanned trip will first happen sometime befo2 plans to send the very first humans to mars by 2024. he says traveling to mars needs to be more cost effective and efficient .. so humans can become what he calls a 'multi- planet species.'/// sherry, how's the weather today? ((sherry swensk)) beautiful skies with sunshine and rain showers and possibly thunderstorms today. could get some gusty winds around thunderstorms. ........... temps are staying mild because of the clouds with mid 70s right now and more humidity.... and highs in the mid 80s by afternoon. .............. let's check the radar and see some light rain off to the east. .. a chance of showers continues tomorrow and then warmer sunshine friday with highs back to 90. the low 80s. demetria, how are the roads? there's a crash at sahara and mcleod. lot of construction happening at rainbow and russell. expect some delays. <<< >>> <<< >>> we'll be right back./// the chef-inspired panini collection from subway is grilled right

harvey: maybe elon's ok with it. >> what do you think? yeah! >> kim kardashian, kanye west bought her an identical second engagement ring. >> oh, she wants one for each hand. >> that looks dumb. >> it was so stupid.

. >>> elon musk with plans to colonize mars. ,, we can't go back to the years of devastating cuts to public education. exactly why i urge you to vote yes on prop 55. prop 55 prevents $4 billion in new education cuts without raising taxes on anyone. and there's strict accountability in prop 55. with local control over school funding decisions. and mandatory annual audits guaranteeing the money goes directly to our classrooms. not to bureaucracy, not to administration. so vote yes on 55. because it helps our children thrive. breach could have much wider effects. >>> some information security experts are concerned about, the yahoo breach could have a wider affect. it was announced last week that millions of accounts were hacked. some are concerned about a hacker technique known as credential stuffing worked by throwing a leaked user name and password at a number of websites to break in. >>> samsung is working hard to put a positive spin on the negative news about the galaxy note 7 after the company had to issue a mass i have recall about the galaxy note 7 because a battery caused some o

elon musk is a visionary and he's someone that's been able to execute, but this is stock, we've said this. this is a trillion dollar opportunity. second quarter, if you're asking, cutting the coffee machines and the water coolers inside the company, tells you where the cash burn is a that continues to miss and miss and miss. i love the battery. it's part of the business that's probably priced the most effectively and priced most in line and i think it should be priced where it is. the other rest of the company is way overpriced. solarcity to me, is only saves elon musk aura and without that, i think he's got bigger problems. >> so, you and morgan disagree. also, that's been a split between you and morgan as well. >> take it outside. >> every other day about this whole thing. >> you don't talk anymore. doesn't take your calls. >> he's a wonderful guy. >> come on, morgan. >> you know, margin pressure, there are all kinds of different pressures on this company right now. and the model three that everybody's holding breath on waiting for this whole thing, is that going to be able to live

disagree with the president. >> billionaire elon musk wants to colonize mars. how he hopes to send a hundred people to the planet within the next ten years. . time to show you some of the morning's headlines from around the globe. >>> "the new york times" says a hundred thousand syrian children are trapped in a killing zone in aleppo. russian and syrian attacks on rebels there are intensifying and children can't escape the fighting. the world has seen heartbreaking images that show the suffering of aleppo and one of the most gripping accounts in the paper today. >> horrendous. >> the story is heartbreaking. >>> governor chris christie denied knowing about the bridgegate scandal while it happened once again. he reacted to testimony by david wildstein. two former aides to new jersey's governor christie is not charged. >> bloomberg reports on a historic plunge in grocery prices. government figures show that food prices declined for nine straight months in the united states. this is the longest streak of food deflation since 1960. some eggs sold for 99 cents a doze

we know elon musk. >> mobileye doesn't really need tesla.k about the deals they've struck with the entire auto industry, these guys are appealing to oems to give them an entire system that they can't do on their own. tesla isn't even delivering on time. meanwhile the volt is going to have a bigger mile, 238 miles on one charge, a significant improvement. i just think this issue for tesla today that we're talking about is not the issue. the issue for tesla is a cash burn and expectations that -- >> agreed, but the stock bounced pretty effectively off that 190 zone. 205 down to 190, leaves the door open now for another 10% move. the next area of resistance is 220, tesla. i haven't liked the stock either for a host of reasons but technically it's been setting up well. >> this is a company that's traded in expectations. you listen to mobileye say they're not using the product for what it was intended to do. when you think about the rhetoric this company has put out, auto pilot as a -- >> but they have never advertised it as a driver replacement

tonight elon musk says it was just a fast fire. space x is blaming it on an anomaly on the launchpad. back to you. >>> weather now. a hurricane for the first time since november 2005, a land falling hurricane hit florida. that is hurricane hermine. making land fall one hour ago. radar, which is clear tonight. fog rolls in over night tonight. right now the radar showing clear skies. the forecast for tomorrow, 78 degrees. comfortable. morning clouds. afternoon sunshine. 75 on saturday with morning clouds and afternoon sunshine. temperatures below normal. thanks to that onshore flow. been with us since july. san francisco 57. gorgeous sunset. san jose 61. oakland 65 degrees. lows tonight 50. oakland 56. san rafael 55. redwood city 56 degrees. san jose future cast tomorrow, morning cloud cover. warmer tomorrow. low 80s in the valley. and skies very pleasant conditions in the south bay. we are not going to get warm or hot. not a bad thing. the low-pressure system to the north keeps the onshore flow going. saturday, sunday and labor day,

. >>> the next big venture for tesla and elon musk. trips to mars. today.. in a preliminary >>> 156 days and six more to go, starting tonight the giants. ,,,, hearing for the drifters charged with 2 bay area murders. sean angold is testifying t >>> the star witness took the stand in a preliminary hearing for the drifters charged with two bay area murders. he is testifying for a 15 year sentence. he told the court he stole the gun that was used to kill a marin hiker in a canadian backpacker. he said morris lampley pulled the trigger. the trio was arrested in portland, days after the murders. they were driving one of the victims cars. it belong to steve carter whose body was found last october alongside his dog. prosecutors say two days earlier they killed canadian tourists audrey carry. >>> we are getting a look at the testing being done on the sinking millennium power in san francisco. soil experts are drilling three holes that will be used to collect data on the water and soil under the high rise. the tests are expected to last three weeks. they come nearly

what c-e-o elon musk is saying about the investigation. plus... the house approves a bill to allow families of 9-11 viti government. ...why president obama says he'll veto the measure -- just we got married in june... ...on tunaday. ere's a subway? $3.50 sub of the day to help you remember life's important days. every day a different six-inch sub for just $3.50 at subway? every day of the week. her name is teri... ...she was born on playing games with attack ads. there's a better way. i've read russ feingold's plan. he goes after the terrorists' oil money and arms supplies. he combines targeted military force with better human intelligence. and, he'll work to get middle eastern states to take on the terrorists in their own backyard. russ feingold offers a tough, realistic plan to protect america. russ vo: i'm russ feingold and i approve this message. sales -- "lands' end" is launching a partnership with amazon dot com. the dodgeville-based apparel and accessories company says the deal will begin by the end of this month. in addition to the agreeme

carol: they keep making forecasts and estimates and you have elon musk raining the men.now, what are the expectations? history ofs a overpromising and under delivering, especially when it comes to production. there isnteresting is public demand for the model 3. everyone a super excited about a highly styled luxury car that is more affordable. can tesla makes, it on time? july first, 2017 is 10 months away. not a lot of time. devon whotalked to wrote a piece about amazon on how they are holding up their delivery system. thing,s doing the same starting from scratch if you years ago and built a company that can manufacture cars. that is a difficult process. the hat trick here is launching a new car or model is difficult for any automaker. tesla is trying to vastly increase its mining production. they only delivered 50,000 cars last year. they are talking about building 500,000 by 2018. they have to launch a new model and scale it and doing that requires retooling their factory in fremont with new equipment. that is all in process, too. they are building the machine that wil

trade the elon musk, tesla and solar city. the u.s. earlier and thought that and thought the roof of the stadium post for the first time. brent harrison had a stunning upset over the several niche. lauren: at his thursday, september 1st. august is over. welcome to "fbn:am," your first look at morning markets and breaking news. lea: breaking news. donald trump delivering a major speech on immigration. the nominee of the enough is 10th on how to build a border wall and how to handle millions of illegal immigrants in the u.s. >> are you ready? [cheers and applause] we will build a great wall along the southern border. and mexico will pay for the law. on day one, we will begin working on an impenetrable, physical, powerful, beautiful southern border wall. under my administration, anyone who illegally crosses the border will be detained until they have removed out of our country and back to the country from which they came. i am going to create a new special deportation task for his focused on identifying and quickly removing the most dange