ron baron.riots owner robert kraft and ftc chair lina khan "squawk box" will be right back. matching your job description. visit indeed.com/hire at corient, mat wealth management beginsn. and ends with you. we believe the more personal the solution, the more powerful the result. we treat your goals as our own. we never lose focus on the life you want to build. and our experienced advisors design custom built strategies to help you get there. it's time for a wealth management experience as sophisticated as you are. it's time for corient. ♪ i wanna hold you forever ♪ hey little bear bear. ♪ ♪ ♪ i'm gonna love you forever ♪ ♪ ♪ c'mon, bear. ♪ ♪ ♪ you don't...you don't have to worry... ♪ ♪ be by your side... i'll be there... ♪ ♪ with my arms wrapped around... ♪ >>> our parent company comcast just out with earnings the expectations that analysts had and there are a myriad of expectations, not just what we normally do for a company in terms of the top and bottom line, but let's look at those two -- th

then you had ron baron on our network saying the stock has bottomed you brought up an important point. this doesn't really cost them to do an over the air the way a traditional recall would be. i think if they just have to harness that $28,000 vehicle and not just talk about robotaxi talk about real margins, talk about really having the bandwidth to produce those cars, the analysts are only looking at it as robotaxi, full self-driving there's other parts to this story. >> the low cost vehicle, julie is what analysts are geeked out about. it's not this talk about robotaxi which costs, i don't know what, we'll bring in i don't know what, and nobody can quantify that including tesla at this point but a low cost vehicle gets you into certain markets where it's not operating right now. >> yeah, absolutely. having seen byd overtake them in terms of market share is a pretty meaningful moment for them, right, where byd has been able to construct a low price car. the big challenge with tesla, it's not even what's happening in their production. it's just their valuation, right? when you're thin

. >>> a programming note, on thursday, long-time tesla investor, ron baron will talk about the results and the slide in the stock. "squawk box" will be right back. >> announcer: this cnbc program is sponsored by baird. visit bairddifference.com. giving traders even more ways to sharpen their skills with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. trade brilliantly with schwab. when it comes to investing, we live in uncertain times. some assets can evaporate at the click of a button. others can deflate with a single policy change. savvy investors know that gold has stood the test of time as a reliable real asset. so how do you invest in gold? sandstorm gold royalties is a publicly traded company offering a diversified portfolio of mining royalties in one simple investment. learn more about a brighter way to invest in gold at sandstormgold.com. y

. >> thank you >>> coming up tomorrow on squawk, we've got longtime investor ron baron he's going toalk about the quarter and where he's putting his money to work. it's a conversation you don't want to miss. >>> next, a new update on meta smart glasses. a new look and added functionality. we've got details next at corient, wealth management begins and ends with you. we believe the more personal the solution, the more powerful the result. we treat your goals as our own. we never lose focus on the life you want to build. and our experienced advisors design custom built strategies to help you get there. it's time for a wealth management experience as sophisticated as you are. it's time for corient. smart glasses. there are new features they can trabs late text from other languages and use the ai assistant to answer questions or complete tasks hands-free. i can tell you as a beta user of these glasses, of the new features, they are pretty extraordinary. it is just beyond. i thought about bringing them today so everybody could see, but i realize you couldn't -- >> they look like real glas

less than a loss, i think institutions are going to come in, not cathie wood that bought yesterday, ron baron, i'm talking about actual institutions who might come in and say this stock is at the right level versus papal where people say i'm not going to let this thing go 19 times earnings. we've got roadmap. it looks like the initial cyber truck is better, we can do 250,000. i don't hear that. >> i know ford felt they could sell more than they have. >> again, the dynamics of the marketplace have changed. yes, there is absolutely growth. we don't mean to imply there isn't. the growth rate seems to be slowing in terms of adoption here in the u.s. you've got this enormous competition from chinese ev makers in other parts of the world, not to mention the domestic market of china itself. >> robotaxi is a dodge. >> at this point it's not about -- promises aren't going to work anymore. >> i totally agree. people say, we thought there was going to be a big loss. therefore, carl, it's okay to step in. that's the only logic i have -- >> the award of stock that shareholders will be voting on in terms o

. >> or ron baron will come on. >> these are fellow traveler, amen corner people, they always say it'se going down. if i said nvidia's done going down and it doesn't, they're going to put me in the stockade over here. >> they got a nice safe downstairs. they can just put you down there. way down deep. >> you never hear from me again there. >> no. >> i'm just saying that tesla, right now, it's on the other side, so everyone thinks that this unbelievable magician, brilliant man, is not -- no longer capable of coming up with anything. and i would rather be an insurer. i'd rather be with buffett in geico. >> i'm not sure you want to be with banks. bank of america, of course, that bond portfolio, always -- yeah. >> they're doing fine. >> because their long-term bonds are far lower rates. >> we didn't talk about the rails. those are going to be up. norfolk southern. those are one-way stocks now. norfolk southern. good proxy fight going on there. >> let's give people a quick look at the bond market because it has been a big mover off that cpi number this morning. as you might anticipate. as i

. >> by the way, we will speak with ron baron. he will join us on thursday this week. we will talk about all of these issues with him at that point. >> yeah. >>> the faa is launching an investigation after the engine cowling -- cowling? oh, cowling, the cover of the southwest airlines plane fell off during takeoff in denver and struck the wing flaps. the cowling is the protective cover, like the hood over the car. workers can open it and work inside of it. the boeing 737-800 plane returned to the airport for maintenance. shares of southwest this morning are down 1%. boeing shares are off 1%. >>> united airlines is postponing the investor day amid the faa review of the compliance with the safety regulations after a series of incidents there. united said it would simply send the wrong message to the team to have an exciting investor day focused on financial results. among the incidents in the last two months, the plane landed in oregon with the missing external panel, plane rolled off the houston runway into the grass and plane diverted after losing a tire in san francis