ed: elon musk says it really will focus around autonomous driving. there has been this mission from elon musk recently that the last 1% of getting over the line is breaking down artificial intelligence. we know it is a priority to tesla to hire in that area. they are seeking the best of the best of silicon valley. there are hints that this might involve some prior terry designed around semiconductors. >> what is the general feeling about this? is this the developers day that we get out of apple and facebook? who is the audience? >> on battery day or when they had this event, the tesla fan and owner that elon engages with on twitter. we know that less of those people are invited and there are some quite notable academics from the world of engineering and computing that have been invited. we know that talent is front and center for this. tessa wants to hire in those roles specifically. we are assuming there will be some players in that industry as well. >> a lot of these days don't live up to the hype always. >> tesla is not alone in trying to crack fu

it's worked for elon musk. >> and it has worked mostly for the stock as well.he wall street journal," author of "power play: tesla, elon musk" out tomorrow thanks for being with us >>> meantime, looking to avoid a dent in your portfolio this earnings season? these stocks regularly miss expectations and they see their shares slide get the full list on cnbc.com/pro we're back in a moment if you're 55 and up, t-mobile has plans built just for you. switch now and get 2 unlimited lines and 2 free smartphones. and now get netflix on us. it's all included with 2 lines for only $70 bucks! only at t-mobile. (vo) introducing 48 square centimeters of earning potential. flawlessly designed. undeniably versatile. unlimited 2% cash back. this is the card built for... ...real life. (dad) she's gonna be a drummer. (cashier) yeah she is. that's gonna get loud. (dad) right? (vo) the new wells fargo active cash visa credit card. unlimited 2% cash back on purchases. that's real life ready. millions of vulnerable americans struggle to get reliable transportation to their medical ap

we just talked to the author of the elon musk book "power play," well, now the official musk biographyaacson known for his late bio of steve jobs. of course, our charlie gasparino, who i said confirmed, was all over this story two months ago. charlie, you broke it and what are you hearing now? >> well, had a brief conversation with mr. isaacson, the author. you know, this is a biography, but you've got to look at how walter isaacson does these things. the subject, jobs -- in the former case and musk in this case -- agrees to sit down and talk to him. what mr. isaacson told me, there's no, there's no conditions here. he's going to ask him whatever, it's not, you know, this is not going to be a hate-ograp health care y, and i think that's key here. warts and all -- liz: what'd you call it? >> a hate-ography. when you write a saint is hood on somebody, did mys pronounce that -- mispronounce that, liz? liz: i don't know, spell it. [laughter] i don't know what you're saying. spell it. >> what i'm saying -- liz: hague yoking my? -- hagueography. >> i'm sorry. i went to pace, you went to berk

the other board members settled, musk did not. it's really about musk at this point.ou have board members testifying in his defense about his role. emily: when could we expect a verdict, and what could the penalties be? dana: there is no jury, just judge joseph white. he has all the time in the world. we are not expecting to hear anything from november at the latest -- at the earliest. even at the point of when, what happens is the money goes back to tesla as a company. it's not like there is a payout. the money all goes back into the same spot for tesla. he could order must repay $2 billion, he could slit the difference and it could be a much smaller sum. musk is now the richest person in the world. he is still tesla's largest shareholder. it won't be a huge hit to him financially, but it would be -- that musk ever lost in court. emily: we will continue to follow developments. thank you for that update. as we had to break, let's take a look at how roadblock shares are moving after hours. the popular video game developer reporting second-quarter bookings that fell sho

tesla ceo elon musk has touched down in berlin.llor candidate will visit tesla's unfinished car and battery factory, transforming germany's auto industry is a key concern for september's national election in germany. your biggest economy tries to modernize one of its key sectors. let's get more from our reporter on the ground outside that factory. what is the significance of elon musk's visit for the politics of germany? >> yes, look, tom, there is a read across here read we know that elon musk will be visiting the site on the outskirts of berlin. you see it behind me. this is a huge plant under construction. tesla says this will be one of their biggest, most advanced sites for electric vehicles. we know that theory on paper and reality. there have been a number of delays that are causing issues for tesla. when it comes to reopening and the inauguration of this site, the data is unclear. elon musk has blamed bureaucracy for this, saying the paperwork in germany is complicated and difficult to do business here. that meeting with the

elon musk says one just like it.lthough tesla does have a history of rosie projections that don't pan out and our bests, who love tesla and love wearing that suit and i don't know who to start with gene, was that effective and did you see things that excited you about the prospects for tesla stock and then i'll get to gordon >> i will start with what was the purpose here there was room for optimism. if you used the measuring stick, it was some disappointment the future there is not around elect indication but far ahead of other carmakers and where it is going relative to autonomy then the skitt around the bot reminded me when elon broke the window of the cyber truck. it was painful at a certain point to watch it really spoke to what the ambitions of this company are whether hvac, solar, storage it is not going to be out next year. >> it will probably be five plus years but it speaks to a company that wants to take on big problems i think this concept of really laying out this vision this is exciting for what is the l

elon musk.he's trying to break into the automobile business as cofounder and ceo of tesla and history tells us his prospects are not good. he is tirelessly promoting his vehicles and we see echoes of the delorean in the gullwing doors, and he has the model-s, he plans the model 3 which will be sold at 35,$000 which might bring the tesla into the mainstream, unveiling the new truck that will be electric powered so this might be a game changer as well but in the end tesla is laboring in the shadow of failure. history does tell us automobilemakers try to get into the business and fail, yet tesla has been around for several years, tesla has made more cars than tucker and john delorean combined, they made 80,000 cars, way more than delorean and tucker put together and elon musk has plans to ramp up mass production of cars to 200,000. still very small compared to general motors, 10 million cars worldwide, just a sliver, fingernail sliver compared to production of the big three, but how can we explain

elon musk. and so he's trying to break into the automobile business as the cofounder and ceo of tesla. and as we get older, history tells us his prospects are not good with. he tirelessly is promoting his vehicles, like tucker and delorean, and is we see echoes of the delorean even in the gull wing doors of some tesla molds. and he has -- models. he has the model s and the model x, and he plans the model 3 which will be sold is at $35,000 which might bring the tesla into thing mainstream. just last night tesla unveiled its new semi trailer truck that'll be electric-powered, so this might be a game-changer as well. but in the end, let's taste -- let's face it, tesla is laboring in the shadow of failure. history does tell us that automobile makers, these maverick independent automobile makers who try to get into the business fail. yet the tesla's been around for several years. i mean, tesla's made more cars than preston tucker and john delorean combined. last year they made about 80,000 cars? that

he recently said musk is quote in some ways the steve jobs of our time musk tweeting late last nightt followers should look out for the book if they are curious about tesla, spacex and quote general going on he may not be invited to the white house for the afternoon reported event on electric vehicles, but none of the other folks has walter isaacson penp penning a biography about them >> i took a trip in a non-tesla electric car and about what it was like to drive from vegas to san francisco. part of it aired and people are hitting me about tesla everybody knows what a tesla can do elon musk has changed auto making >> he put them on the map. a hair brained idea people thought. now it is happening. if you are looking to buy a car now, you have to think, do i want electric or stick with combustible engine >> watch this piece i have coming out over the weekend. i was curious. i'm cheap plugging everything this morning bertha coombs, see you in a few minutes. thank you. >>> plugging this. plugging that. hair plugs maybe ahead, insider buying making the glorious return after a month off d

we are expecting that message from elon musk.hat this will be tesla's most advanced but also high-volume site making electric vehicles. this is a site that has been problematic for the company. there has been a number of delays in terms of the opening of the production site. we know that the ideas to open in 2021, but exact date is still problematic. elon musk has complained about the famous german bureaucracy, saying there's been a lot of paperwork around this. on that note, speaking of shortages, it's also interesting that this visit is coming after a day in which elon musk tweeted that "we are operating under extreme supply chain disruptions." ubs upgraded their price target for tesla. it's always unclear what elon musk will do on a day on a visit, but of course, there's a lot of expectations here in terms of the political ramifications of this. he will be meeting the cdu chancellor candidate here. tom: great stuff. we will be coming back to you throughout the morning. that is maria tadeo in berlin for us outside of that tesla

musk homes to have the first prototype by next year. >>> you can't miss him.ars a cowboy hat in chinatown. it turns out he is a hero. he not only stopped the attack of an asian man but held the suspect down until police could arrive. >> this cheerful 24-year-old calls himself a cowboy living in chinatown. he rushed out yesterday morning after hearing people screaming in fear. >> i see a young guy beating up a very old man in the street and a bunch of people watching. >> reporter: at first he said people fled. as people tried to help the bloody victim, the man came back. >> before i could pull out my phone, he came back a second time with the craziest look in his eye. i remember screaming at him while i was bear hugging him. i was yelling at him. i was telling him the old man he was attacking was his brother and that love was the answer. >> reporter: he said the man did not answer but struggled until police arrived and arrested him. police tell us the man is in custody and awaiting charges of assault. darren, the founder of a world peace movement said he walked

very musk if you will.nvestors care what they're doing with the car was there any headlines around the car? >> so the robot obviously, yes, was sort of the splashy reveal at the end of what was a very long and very technical overview of what tesla is working on when it comes to artificial intelligence, the software that powers its full self-driving feature that it has uploaded in several thousand of its vehicles they're hoping to roll it out to even more customers that own teslas starting this summer. this is a feature that, for all intents and purposes, what tesla says, allows the car to drive itself under some conditions now the drivers need to continue to pay attention, they need to keep their hands on the steering wheel and they need to keep their eyes on the road, so in that sense it's not a full autonomous car there has been some confusion around how tesla markets its products tesla has been the vanguard of pushing autonomy to its customers. a lot of other companies are working on autonomous vehicles

the ai-powered robot, which is not yet a robot, is elon musk for real?nues to be a bit of sci-fi movie. it is great to show the vision, the technology, no one argues in terms of what musk has created going forward. but i believe these things start to become a sideshow and frustration for investors that are focused on the arms race and the electric vehicle and chip shortage capacity. i think things like this are great to show where they are going, but i view them as almost a side distraction. ed: you have a $1000 price target on the stock. you have seen these events before. . . i'm thinking about elon musk's comments in 2019 about one million robo taxis by the following year. that never happened. is this just the latest project we will be waiting infinitely for? dan: i think that is part of the frustration. we are bullish on tesla because of the green tidal wave, because of electric vehicles, clearly the china story. even going back to robo taxis, which we were critical of, and even last night, i think this just creates these targets that they have not be

beach and the guaranteed annual income while larry page and google fly off to nearby planets with elon musk. it may beat with branson aboard now. this allusion that somehow the human mind is a computer and can be excelled and usurped by computers that has captivated many figures in silicon valley as a new religion. it is nonsense i show in gaming ai which is not a great title for a critique of artificial intelligence, but artificial intelligence began by playing in games and then it moves on to be all of the great figures and we see the world champion was defeated by an ai device. it is from these successes of the masters of silicon valley have imagined they can create general purpose brained themselves. this is a great solution and results in bad strategy and what you want to do is enhance human minds not try to usurp your customers and creatively. >> you right in gaming ai that at stake is a new demotion of the human race, what does that mean? >> the human brain, one human brain is as complex in its conductivity as the entire global internet. each take ten to the 21st 21 zeros to capture

he writes in his letter about his views on tesla and elon musk and frustrated he was with elon musk and how he missed the larger issue or scale, if you will, when it came to tesla and whether they get to that scale relative to volkswagen or gm that was the big missing piece for him. it is fascinating read i don't know if we will post it online we should. block writing a revelation of interest rates interest rates must stay ridiculously low levels in order to decarbon decarbonize the eco. i believe interest rates will be at the levels to spur investment in technology to de-carbonize. back to the tesla issue. he says what i think is newfound wisdom the world needs, i'm less hostile. the tesla shorts have been right all along. tesla is here not because of scale in manufacturing base or unit sales, but scale because of the capital base sort of an acceptance of what happened here. jedi mastery is being able to set your acceptance level for the amount of bs walle'll call t for now. nobody embodies this better than elon fun investor letter to start the morning, guys. we will hear from carson b

i guess i'd put it slightly differently from steve which is musk has proven dpreemly effective.e ago, his own tweets lower the company's advertising costs because they -- or even selling costs because they serve as marketing, they don't have to advertise as much. so totally to steve's point if musk ever had to step away from tesla a little bit more, yeah, i think they lose a benefit as a result >> for some of all the great companies, though, what would happen if they stepped away? remember when steve jobs passed away, everyone thought that tim cook wouldn't do as good a job so there's always that risk. but kelly, i was kind of laughing at that interview as well because carson block is a character as well. he sort of was eating humble pie but then he kept talking about how elon musk was a bad person and the only reason tesla is here is because of its capital base and i just don't think that that's entirely fair when you talk about tesla being the o.g. meme stock it has actually grown its business with that capital and certainly the jury is still out for other meme stocks like amc

for one of the candidates campaigning to succeed angela merkel, a meeting with elon musk seemed a bit of a gift. >> what an impressive visit here . this is the future. the future of energy, the future of sustainability. we thank you for this investment in germany. >> it is a pleasure to be here. we are looking forward to making the most advanced electric cars in the world as well as battery packs for home and utilities. generally helping accelerate the green revolution. >> two years ago, elon musk chose this site for his first tesla giga factory in europe. the 5.8 billion euro plant will manufacture tesla model three and model y electric cars. as well as battery. he showed himself to be somewhat out of -- >> what is the future of cars? >> he is confident that he can mount a serious challenge this season. >> it is very exciting. the group has played so well in training every day. we have enjoyed our time together. we are a good team and now it is time to share all quality. both marsh and the other have their new coach. the title was 19 years ago. if they are to end at the top, they wil

coming up, what elon musk revealed at tesla's a.i.ring tesla's humanoid robot to a bans floor in your home -- dance floor in your home. the dow up nicely, 223 points. "the claman countdown "coming right back. ♪ ♪ observing investors choose assets to balance risk and reward. with one element securing portfolios, time after time. gold. agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. derriere discomfort. we try to soothe it with this. cool it with this. and relieve it with this. but new preparation h soothing relief spray is the 21st century way to do all three. even touch free. preparation h. get comfortable with it. i'm not always on my game. but lately, my uncle is, especially with his type 2 diabetes. with once-weekly trulicity most people reached an a1c under 7%. plus it could help you lose up to ten pounds. trulicity is for type 2 diabetes. it isn't for people with type 1 diabetes. it's not approved for use in children. don't

elon musk ai ambitions are head and shoulders above what we thought.ust don't tell his dancing robot suggesting it is eamon oply making a fun case against and the would interview yesterday. >> putting the artificial in ai last night in an event that would have been remembered for the introduction of the human idea robot the only catch. that's just a guy in a spandex suit remember the cyber truck promised for 2021. production hasn't started. push back to 2022, at the earliest and the high end plaid or the plaid plus with the plus version scrubbed entirely. kind of reminisce ant of nikola. an electric truck rolling down a hill stock rolling down the cliff while tesla is up today no comment on if that might have been trevor milton in the suit interesting capable of a dead lift of, what, 150 pounds? >> right look this is for those things born that are boring or repetitive or dangerous. they haven't built a prototype and putting out those notes they'd seen next year saying they believe they have the intelligence of optimists in a bot. a tesla bot. >> this w

we'll work with anybody, but have you had conversations with elon musk about this?ve been some leaks out there too about systems on their cars that look very similar to ours, so to say, you know, out there, but the reality is is that we're setting the benchmark in the gold standard in the industry with this. everyone has recognized this is what you need to be able to get there. it's just a question of when, for each of these different automakers, and we've already been off to the races. we're actually working in the testing and/or development phase with eight out of the top 10 major automakers already having one major series deals with a number of them already, of kind of the first of its kind , with this capability, so it's all about that focus. some will be certainly sooner than later, some also have legacy promises or whatever it is that they are going to have to find their way to explain, but the reality is that this is something that requires a new level of safety if we want to be able to successfully solve autonomous and solve the safety problem for driving. l

at that point musk said it was a waste of time. it is electric.his came -- this came as yet another car crash. so the meeting did not go as planned and the take on this was to get this halo from elon musk is not really working as they had hoped for. guy: thank you very much indeed. now focusing on the european auto segment. oaks wagon -- volkswagen is seeing a drop in sales thanks to the global chip shortage. have eight lamborghini launch later on. -- we have a lamborghini launch later on. let's try to answer some of these questions. how significant will the final up and running status of tesla in germany be in terms of reshaping the german auto industry? volkswagen is starting to get into gear in terms of production. >> that is exactly right. what we have seen is that tesla has started to really do well in europe in large part because of china because if you remember i'm a there's a plant in germany that was supposed to be running already, so it is behind schedule and there was talk at the factory today about hopes that maybe they will get final

musk says a proto keep is expected next year and building a humanoids robot is the next logical step since tesla is a robotic company with cars being robots. he says the bot could be used for household chores, but it's intended for unsafe, repetitive and boring tasks or work people would least likely want to do. >> like household chores. >> i feel like we could find many reasons to use that. but i'm -- i don't know. i imagine we all have robots in our house in the next five to ten years. >> it's called -- >> thank you so much. >> oh. >> all right. >>> coming up, on "today in the bay," we are off to a smoky start for the whole weekend, in fact. vianey is tracking how long it's going to stick around. >> unfortunately, we're going to be seeing the spare the air alert for the remainder of your friday but saturday we could see smoke push inland that could help us out. i'll talk about that. >>> the air quality or the visibility i should say looks just fine here at the golden gate bridge. you do actually even see the cones. we still have the overnight roadwork. there you go, the crew gettin

up next, elon musk, now he is the highest-paid ceo in history.e will talk about his pay package, next. this is bloomberg. ♪ (announcer) looking for a better way to lose weight and feel good? how about the one with the 98% success rate and the more affordable weight loss solution? that's golo. there are no monthly fees and it's guaranteed to work or you don't pay. how can golo offer all of that? because it's not like any of those diets you've already tried. it's the new way to lose weight. no stimulants, no starving, just results. results you'll keep for life. no more sacrificing to lose weight only to put it back on. no more sacrificing, period. it improves your lifestyle and delivers incredible results. with over 2 million satisfied customers, golo is the new way to lose weight. this is the only program i have ever done that i have never deprived myself of anything. (announcer) if what you're currently doing to lose weight isn't working, or you feel like diets don't work, you're right. don't give up. get golo. go to golo.com and get your life ba

bezos said nasa unfairly awarded the contract to musk.a says it will review the details. >>> a major stretch of the san francisco highway was reopened to vehicles. much of the pandemic, the highway was pedestrian and cyclists only all the way from lincoln to sloat. vehicles are now allowed during the week but it will continue to stay closed during weekends and holidays. city leaders say the new rules make it easier on families because school is back in session and as people continue heading back into the office as well. several groups critical of the decision to reopen. the city says it will be working out a long-term plan. >>> we'll be back with a new wine from a bay area -- . >>> a bay area hip-hop legend expanding his wine empire. e-40 first got into business and launched a wine. i know you are a huge e-40 fan. >> he has wine, tequila, all sorts of things, and he raps on the side. and he goes to 49ers and warriors games all the time. >>> world history is unfolding right before our eyes. the fall of afghanistan. the u.s. withdraws, and

. >> next what investors would expect out of elon musk tonight. and amazon placing a big bet on brick and mortar back in a few. mill "fast money" is back after this. >>> welcome back to "fast money. shares of tesla driving lower as company gears up to hold an ai event later tonight. let's get to phil on what to expect >> melissa, i think this is going to be one of those event where's if you're really into artificial intelligence, and the really geeky stuff, you're going to love it if you're just an average investor and you think tesla is cool, you may come away a little bit disappointed we'll talk about why in a little bit. first of all, when we're talking about artificial intelligence in terms of what we might here from elon musk, the full self-driving update and how they're using ai to improve that capability and the do jo super computer capability and we'll likely get an update on that the su supercomputer and the use of robotics and artificial intelligence to improve manufacturing. in terms of full self driving in the tesla auto pilot there is

elon musk hopes to have a prototype next year. look, that's overly optimistic. vision speaks to what elon musk has referred to as a very scary reality, that robots and a. i. can replace the need for human workers. all of this, charles, coming from the event last night meant to recruit new hires for tesla to beef up the a.i. drive. and they saw a human being dressed as a robot instead. charles: yeah. that was kind of weird. but you've got to get the jobs while you can. i think that was the underlying message. lauren, thank you very much. so what a week, right? for a peek into the future, we've got mark zuckerberg promoting his metaverse for us to work together through virtual reality and e ron musk saying robots will do all the mundane work while we get to work, relax and play. with all due respect to all this, we are not entering a brave new world, but a lazy new world. the more casual world that a might make day-to-day living less stressful, but it will also make humankind less impactful. a lot of futurists cheered it, they said this day was going to come, it a

it is from elon musk.berty mutual customizes car insurance so you only pay for what you need. how much money can liberty mutual save you? one! two! three! four! five! 72,807! 72,808... dollars. yep... everything hurts. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ introducing xfinity rewards. our very own way of thanking you just for being with us. enjoy rewards like movie night specials. xfinity mobile benefits. ...and exclusive experiences, like the chance to win tickets to see watch what happens live. hey! it's me. the longer you've been with us... the more rewards you can get. like sharpening your cooking skills with a top chef. join for free on the xfinity app and watch all the rewards float in. our thanks. your rewards. stuart: elon musk has wrapped up his tesla artificial intelligence, the human avoid robot. that was an actor dressed up in a robot suit. when will he make a real one and what will he do with the real one? neil: this is in tesla time. here's elon musk. >> the worl

what is elon musk saying?an: a lot, seemingly endless on twitter tweet after tweet after tweet about apple and elon musk and cook. a new book suggest elon musk called in at-- with apple buying tesla and elon musk had to be cl. elon musk says that is not to and we have been very clear publicly that we have never spoken or otherwise communicated i tried to speak to him and he declined. nor have i expressed interest in running apple to anyone. stuart: and a tesla stock is at 702 this morning. susan: can you imagine if apple had bought tesla? elon musk in these multiple tweets said when he made the approach tesla was only worth 6% what it's worth now which is $600 billion, so it was a 6%. you are better without a calculator, but that's roughly what, $600 million? stuart: something like that. susan: imagine if apple bought tesla where the world would be. stuart: we would be a different place and i think you would be saying an apple car. susan: yes. there would be a serious dominance with electric cars, iphones ect.

plus musk versus machine tesla ceo warned about the dangers of artificial intelligence and holding an ai day anyway those deilwh "wetas enpor lunch" returns. age before beauty? why not both? visibly diminish wrinkled skin in... crepe corrector lotion... only from gold bond. when our doors open we see the light shining, through you because you are a spark from the start of each day to the day grows dark we see that spark we see that in your smile, your style, we see that spark in every great deed to every fulfilled need we see it in your heart from coast to coast, we see flickers of hope thank you for sharing your spark. ♪ - [announcer] introducing the grubhub guarantee, our promise to deliver your order on time within the delivery window and for the lowest price compared to other apps or you'll get back at least $5 in perks. >>> welcome back to "power lunch. i'm seema mo do. agriculture giant deere doubling down on robots and technology acquiring bear flag maker of autonomous tractors. there's investment in big tech, a key focus of earnings tomorrow do you buy, sell or hold the stock?

but anyway, elon musk is betting on overseas to keep the rally going.ow important are the ambitions to tesla's future in dan i ves is joining us on the phone. how key is the germany factory >> yeah, so berlin is a linchpin to the broader global thesis from a demand perspective, but also capacity. right now the issue for tesla is not demand, it is supply and this is key in europe, that will be a massive market right now logistically shifting cars from china, that has been a big issue. we believe this is along with austin the hearts and lungs of the capacity buildout of tesla as part of the green tidal wave over the next decade >> so what indications are you getting about the berlin factory? i don't want to call it controversial, but certainly he gets pressed by reporters in germany about the factory, whether energy usage or other issues what kind of read are you getting about its capability to quickly come online? >> yeah, i think six months ago they were more negative. today we're starting to see a lot more positive in terms of getting through the red t

elon musk confirming that walter isaacson is writing his biography, elon musk tweeting this out, if you'rehat best-selling steve jobs biography which was not always glowing. there were a lot of elements for the steve jobs biography. he is a great writer. he has written many biographies, leonardo da vinci, ben franklin, jobs. that is pretty good company for elon musk, i would say so. that is interesting, susan. another big city requiring vaccine proof for indoor public places like restaurants and gyms. we'll tell you where that is. >>> first as people head back to work around back into their jeans is the pandemic snacking over? can they get into those jeans? we'll ask hostess' ceo which snacks are here to stay next. ♪ yeah, i mean the thing is, people like geico because it's just easy. bundling for example. you've got car insurance here. and home insurance here. why not... schuuuuzp.. put them together. save even more. some things are just better together, aren't they? like tea and crumpets. but you wouldn't bundle just anything. like, say... a porcupine in a balloon factory. no. that'd be

custom chips for training artificial—intelligence — the future, according to elon musk.trade regulators have a go again at facebook, in a new antitrust lawsuit. will second time be a charm? and a candid take from singapore's finance minister on how the pandemic has impacted its status in asia. hello there. days after the taliban took control of afghanistan, afghans are cautiously, nervously, venturing out again. businesses have been re—opening. but what kind of government emerges and what their rule will mean for women, human rights and politics freedom is still unclear. significant to the economy will be global trade. analysts predict that, with the taliban in control, international trade will come to a standstill. the signs were already there injuly, when the afghanistan government's customs revenue slumped by 30% that month. so what will the taliban coming to power mean for bilateral trade, investment and business between afghanistan and united kingdom and europe? to explore that question i'm joined by dr mohammad hotak, chairman of the british afghan chamber of comme

up next, elon musk, now he is the highest-paid ceo in history.will talk about his pay package, next. this is bloomberg. ♪ in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. emily: welcome back to "bloomberg technology." a phenomenal pay day for elon musk, he's the highest paid u.s. executive for the third straight year, according to the 2021 bloomberg pay index. the scale of his pay premium has skyrocketed. last year it was four times higher than number two, tim cook. this year it is 11 times higher. how does the math add up? >> first of all, it keeps going up and the pay package is now worth a lot more. it is a trend that just keeps on going for

julian: e line musk's new robot, it will perform in one bizarre moment during this big reveal. julian: welcome back. as southbay mother's urging the hit-and-run driver who killed her daughter to come forward. san jose police releasing this surveillance video -- video. this white mercedes sedan is suspected in the deadly hit and run that killed 237-year-old in april. the mother of five was struck by -- while crossing monterey road in her wheelchair. the driver did not stop. >> please, if you are watching and you are the individual that did this, please come forward so we can have closure for our family. julian: wow. police say the busy intersection has been the site of four deadly pedestrian accidents this year, the latest happening just a couple of weeks ago. the victim died at the hospital this week. a family of four on board this boat called for help after being grounded in their delta for more than 24 hours. according to the coast guard, the 42 foot cabin cruiser because duck near mount zuma -- got stuck near mount zuma sloth near fairfield, and it was too shallow to rescue

elon musk is a bit of a carnival barker, the tech no king of tesla.f experience with him. in your opinion, was this just another publicity stunt? >> not a publicity stunt this is more recruiting pitch. remember, this was part of an artificial intelligence demonstration where they talked about ai and the future of ai helping with autonomous driving for tesla. they need to recruit ai engineers. they came out, said if you want to work at tesla in ai, this is what we are building for the future you have to admit, even though you saw the person dancing in a suit, you say what is this it is interesting. you might come away saying he is the thomas edison of the generation, yeah, i may want to work at tesla. >> interesting is the word for it. >>> massive recall widens, that's topping cnbc's on the money. general motors expanding a massive recall of chevy volt, recalling all electric vehicles due to fire risk in battery packs. cnbc learning at least 11 key leaders and senior engineers left blue origin weeks after jeff bezos' space flight parki blue origin lost

y is elon musk going to space. elon musk has the best business plan of all, he doesn't want to do tourists on a bus. rocket he wants to get data get subscription type of businesses right now. there's 1650 space x satellites internet down by the end of 2027. they want to have $42,099 a month 150 megabit per second speed. be able to go to every card, america, every truck in america. every truck in antarctica, every truck in europe. every plane, every bo he get the idea areas where we may want broad bad. so got your head like i don't know why these billion years ago to space, right. it's right. >> it is fascinating about it because his sole mission is to colonize mars and he's literally creating. other businesses to help fund that core mission. you bet. human and cargo missions for nasa. you've got internet satellites systems all to help fund that one singular and goal. that's that's pretty astonishing. >> get. let's be noteworthy here and say look, at some point in time, some of more world countries in south america,

we appreciate it >>> well, elon musk has a lot of ideas some would consider wacky.p the list. a humanoid robot i'm almost laughing now. before you judge it, you need to hear his pitch. >>> and a major setback for gm the latest black eye for chevy volt that could cost the automaker $1 billion >>> escaping kabul one woman's emotional journey out of afghanistan we approach the bottom of the hour here on cnbc. ♪ >>> well, elon musk's latest invention, i don't know if it is quite an invention, here it is, a dancing man in a spandex suit. now, that is supposed to be a demo of the new tesla bot. a human robot that uses the company's artificial intelligence instead, it is mostly a bit of practice and suspension of disbelief. the real robot set to launch next year is 5'8", made of lightweight materials, do all the boring, repetitive and dangerous work that a lot of humans just don't seem to want to do. cnbc's phil lebeau now thanks for being here. these robots, they sound cool, but is there any real intention to ever make them? >> they say they're going to build it elon musk

obviously we know tesla and elon musk moved to texas, so what is special?site is the frontrunner. they were previously looking at arizona, but were concerned about the infrastructure in that state. texas has good infrastructure, roads, ports, access to talent, close to mexico, where the automotive supply chain is. but it is still just one front runner. emily: we talk about rivian all the time and friends say, when can i get it? and you say they have to wait three years. they haven't produced a single vehicle yet. right? ed: we give them kudos because they are backed by amazon, have raised $10.5 billion, have a fancy factory in illinois, but they are behind schedule, and they have delayed a lot of times , citing different factors. we have a tweet from elon musk, straight to twitter after this news breaks to say rivian should concentrate on its existing factory, actually starting production before they worry about the next one. i broke the story in they were february. already talking about a u.k. or european plans. emily: why are they getting ahead of themsel