a long way off. here's kris van cleave. >> steve loved his tesla and its autopilot, a driver assistant system that canutomatically maintain a vehicle's speed and lane. he says it works pretty bill it's not perfect. >> there are times where it doesn't do exactly what you thought it would, because it's thinking on its own terms, its own algorithm. >> the driver of this tesla says autopilot was engaged during this wreck. his car moves over and slows just as the suv changed lanes behind it. here an arizona state trooper was stopped on the side of interstate 10 last month when a tesla slammed into a troop rer. his autopilot was active. new research from aaa found that may be challenging for other advanced driver assistance systems. 66% of the time they hit a simulated disabled vehicle during closed curse testing. greg w >> i think people will wonder if they have in this their cars is this kind of technology save to use on the every-day road? >> triple-a beliefs this is safe if the person using it uses it correctly. we've seen some up stances where that's not the case. >> nearly 93% of all new cars have at

did we also trash a tesla. by. german pop and a syndrome i think our world would look better without cause that's what i call the new album. in the. me. and the many of the band's videos see them driving around with cars at the end however that's spillways a crutch. that's seen on the cover of the latest album. sing us under and bennett want to crash a lot of cars but what about the world's best selling all electric let's find out if they also want to crash a tesla model for a. car probably will come to me more and more use that. as a luxury car right. well that was the band as a symbol of status it's not that record part of the city. we're driving the long range version of the model 3 with an output of up to $340.00 kill. lots of 462 horse power and that translates into 0 to 100 in just 4.7 seconds that's also an auto pilot mode which makes driving this car a lot of fun. it drives on its own. doesn't need to know how to need it actually knows this tesla very well because he programmed systems and all the reasons fo

built in 1980 has a petrol engine with. compassion tesla and absolute pollution. i think we use cars you know videos as a way to lose 10 something about the people who are driving the cars and caulk can be you know like a death machine it's a weapon in a way. tell you something about the character and this is what we want to do. is. just. leave. the albums so they shot the video in just one day out in the german countryside. valborg. long distance relationship and it's also a story about somebody being high up in the air maybe in an airplane and somebody being on the ground both of them trying to get a connection to each other the video. you know in from the crash. minute and met through that site for artists in belly and have been making music together for 9 years now that fall model was called plastic trash full frontal collision that songs have an environmental message so in sake of nature and sake of society crush all the cars i don't think it's possible entirely i mean because for example we would happily go on tour just taking the train right but that doesn't

this is a slide incredibly if one had put $10,000 into tesla at its ipo, a whopping 1.2 million. that's nifty just to put that in comparison, the final slide, look here if one had put 10,000 since tesla's ipo in other marquee names netflix would have returned your 10,000 you'd be at 293. amazon you'd have 280,000. and apple 130. not bad 10,000 to 130, but no tesla. in any event, the thinking here is it's a bit hot, dormancy, sideways >> amazing first off, 10 grand into 1.2 something million. unbelievable your dormant chart made me think about charge time versus run time maybe the stock will be the same way. mike khouw, what's the trade now on tesla >> it's interesting the technical setup carter is talking about. if you take a look at how options are currently priced, they're not expecting a really dominant period. the implied voluatility on tesla in the options market is about 80%. that means the options market is implying the stock could be higher or lower by 20% in a month. somewhere in the neighborhood of a 12-month period that it could swing 50-60% or so the options market is

cost but what about the world's best selling all electric let's find out if they also want to crash a tesla model for a. car probably will be made more and more used to. the earth as a luxury car right from a lot of well then it bought the family as a symbol of status if not directly part of the solution we're driving the long range version of the model 3 with an output of up to 340 kilowatts 462 horsepower and that translates into 0 to 100 in just 4.7 seconds that's also an auto pilot mode which makes driving this car a lot of fun. it drives on its own. but doesn't need to know how does need it actually knows this tesla very well because the program systems and all the reasons for cars when i'm not making music are you hear the feel exactly with the systems that are now working here in the 1st time we have this come out of points to the front and then we have a screen that shows us what the system understood from the camera. and then you can see that we have this truck in front of us and then we have another car for the front of us. but the tesla doesn't only have one camera each has. also

a lot of damage. but we also all treasure tesla. by. german pop and baby syndrome i think a world would look better without cause that's why they call their new album on top a crack. in the. music. in the many of the band's videos see them driving around with cars at the end however that spillway it's a crash. scene on the cover of the latest album some. singers and bennett want to crash a lot of cars but what about the world's best selling all electric let's find out if they also want to crash a tesla model for a. car probably. me more and more use the. fence as a luxury car right as. well. for the fans as a symbol of status if not directly part of the city. we're driving the long range version of the model with an output of up to $340.00. it allots will 462 horse power and that translates into 0 to 100 in just 4.7 seconds that's also an auto pilot mode which makes driving this car a lot of fun. grove's on its own it's not. done needs it no hands need it actually knows this tesla very well because he programmed systems and all the reaso

they built a tesla factory in under a year, carl it's ridiculous. >> microsoft might take some issueour priorities being backwards given what they have built. would they be a good care taker of this platform >> absolutely. sure microsoft can buy it that's fine. apple should not buy it. axios was talking about apple buying it. apple has no idea how to do content moderation that's a terrible idea because microsoft has dealt with communities, content, and having the bing search engine, they have the ability to deal with scrubbing content, and dealing with those issues. i'm not sure apple has the dna to be able to do this, but, you know, our country has to take a really deep look and understand that china is absolutely going to demolish our country if we don't get our priorities straight, and that's really the bigger issue here is the relationship with china. we're changing the end of movies in america just to make an incremental couple of bucks there. we're allowing them in our app store, and you know, which obviously means that the ccp has complete access to that information. any "new

so i am a profit taker in tesla for a little while. jack: the hate upgrade. new. carlton, ben, al, great ideas and thank you. to read more, check out this week's edition at barron's.com and don't forget to follow us on twitter. that's all for us. see you next week on "barron's (announcer) the following is a sponsored program for prostagenix, furnished by prostatereport.com. (upbeat music) ♪ hi, this is larry king. over 30 million men in america have prostrate problems. i know, i was one of them. and all these natural prostate supplements like the ones i have here in front of me are everywhere. drugstores, health food stores, on the internet, and all over tv, selling millions of bottles every year.

if you judge apple as a pure or tesla as a pure car company. these moves are slow the thing is apple is a consumer products company that just so happens to have fantastic technology and tesla is a fantastic technology company that just so happens to make cars real good cars of course, they are both stocks and in the end stocks can break your heart but if elon musk and tim cook execute, the long-term trajectory is up let's go to zack in pennsylvania, zack >> caller: hey, jim, how are you? just getting ready for an eagle's season. >> you bet and i bet we look real good. what's going on? >> caller: not much. i'm really excited about it and definitely looking forward to it look, i'm looking long term on this stock with school somewhat going back, maybe some stores opening, this stock was at 65 now it's closer to 80. is starbucks a long term >> i think starbucks is a definite buy let me explain it. i told members, look, you have a barbell and companies that do well right now with the economy closed and then you have a companies that will do well whe

i think it's a bubble. tesla roughly 70%. that doesn't make any sense to me yes, there's more appeal to retail investors, but 70% to come on, it just doesn't make sense. it's a frustrating sector to cover and that quote you referenced, i'm talking more on these start-ups that they got their vehicle and they got some funding and that's great, but it's hard to make something right and consistent and at scale. tesla's market caps are not a big company in terms of vehicle size, probably 400,000 this year they're targeting 500,000 of the that's going to be tough it's a bubble. eventually you'll need more money so it remains to be seen, especially once rates come up. >> it's interesting you characterize it that way, because as you said, you covered this space these are your companies in a way it makes it much more difficult for you when the price action goes this way matt, what would you do if you're elon muck he's already issued more stock he set the stock prices too high he's very wealthy as a result of where the stock price is no

so i am a profit taker in tesla for a little while. jack: the hate upgrade.ng new. carlton, ben, al, great ideas and thank you. to read more, check out this week's edition at barron's.com and don't forget to follow us on twitter. that's all for us. see you next week on "barron's forever," preorder at amazon.com. good night. >> hello, everyone, i'm gregg jarrett in for elizabeth macdonald. "the evening edit" begins right now. ♪ gregg: and tonight the first expected guilty plea from the investigation into the origins of the trump russia probe by u.s. attorney john durham. a former fbi attorney reportedly set to plead guilty to falsifying an e-mail from the cia. investors use that to get renewed court

so i am a profit taker in tesla for a little while. jack: the hate upgrade.al, great ideas and thank you. to read more, check out this week's edition at barron's.com and don't forget to follow us on twitter. that's all for us. see you next week on "barron's roundtable." ♪ ♪ lou: good evening, everybody. the prosecution of the conspirators against donald trump atop the obama justice department and fbi has officially begun. former fbi attorney kevin kleinsmith is to plead guilty to a single felony charge of falsifying a document. kleinsmith changed the wording of an important i pail in 2017 -- e-mail in 2017. that change was to suggest the opposite of the truth, to suggest that former trump campaign aide carter palm was not a source -- carter page was not a source wor

so i am a profit taker in tesla for a little while. jack: the hate upgrade.en, al, great ideas and thank you. to read more, check out this week's edition at barron's.com and don't forget to follow us on twitter. that's all for us. see you next week on "barron's .................. male: if my people-- female: who are called by my name-- male: will humble themselves-- female: and pray and seek my face-- male: and turn from their wicked ways-- male: then will i hear from heaven-- female: and forgive their sin-- female: and heal their land. announcer: visit us online at awakeamerica2020.com. ♪ announcer: "my journal" is the monthly publication of "leading the way with dr. michael youssef."

so i am a profit taker in tesla for a little while. jack: the hate upgrade.ideas and thank you. to read more, check out this week's edition at barron's.com and don't forget to follow us on twitter. that's all for us. see you next week on "barron's lou: the radical left mob governing the few of seattle is set to vote to defund and dismantle part of their police department. the city council wants to eliminate up to a hundred sworn officers. they want to cap command staff pay and abolish a team of officers that just helped get homeless residents off the streets. the council's decision would come despite several hundred people gathering in seattle this weekend to rally in support of police officers, antifa thugs burning an american flag nearby as they did so and reportedly assaulted a pro-police protester and a

tesla. but, you know, as mike said -- as mike laid out, those are the changes for a retail investor. g is if you had 25 shares of apple or 20 shares of tesla, you now will have 100 shares after the stock split which means now you can sell a covered call on those names that you couldn't do before because each of those calls represents 100 shares those are some of the things on retail but the big story, i think, is apple. apple is the number one name in the dow. you're going to see some rebalancing flows here to sell apple for portfolio managers trying to rebalance to the index. >> it's like virtual learning and i'm the one doing the learning carter worth, let's go around the world. top it off >> the history of stock splits is because the sell side wants to be able to share more shares. commissions are based on number of shares traded warren buffett never split his stock for that very reason since new york stock exchange began, average price of stocks are about $40. once they go up, double, triple, they split it. that is why stocks are split >> really good lesson there on stock splits a

so i am a profit taker in tesla for a little while. jack: the hate upgrade.carlton, ben, al, great ideas and thank you. to read more, check out this week's edition at barron's.com and don't forget to follow us on twitter. that's all for us. see you next week on "barron's >> from the fox studios and new york city, this is maria bartiromo wall street. maria: happy weekend everyone, welcome to the program that analyzes the week that was an helps position you for the week ahead. i am maria bartiromo, welcome to our special program, coming up in a few moments my exclusive interview with donald j trump as we discussed joe biden, here is to the stimulus package and why the talks stalled as well as his crackdown on chinese companies like wall weight and tiktok, it's coming up in my exclusive interview with the president. let's take a look bt

probably getting a tesla. >> okay. it sounds like that when i was in middle scarf -- 500 miles is a long way to go. that's like starting at home in the bay area and driving all the way down to san diego without needing a charge. i know we talked about range anxiety as a factor for not wanting to get an electric car but 500 miles is a way to go. >> it is pretty impressive to say the least. i have not had this debate whether to go electric. i have had the same vehicle coming up on nine years. 180,000 miles, looking to hit 2000 -- 200,000. we know there will be a decision this week from joe biden and who he will select as his running mate. it could happen today or tomorrow or by the end of the week. ktvu's sara zendehnam joins us with more. >> reporter: there is so much speculation around who will be we do not have the answer but we have details to tion that kicks off next week and on a woman the vice presidential who will join the presumptive democratic nominee at a fundraiser which will be held very soon. the short list

you make of that >> it is such an interesting story, right i'm in the club of people that bought a tesla. i think what you're seeing with tesla, the stock drove some volume and people are winding down on retail traders i think we bet on biotech, and it is being treated like a bio tech debt. e and for some extent i think you're seeing that with tesla. it is very hard to make sense of it you can't compute the recent numbers. let's also remember in the first half of this year the model 3 outsold the next seven competitors comebined. they are making so much progress it becomes an important part of our economy, arguably they are the most well positioned company in that space. and that will not be a hardware play, that will be a software play, and potentially use it's initials thr initially making that play down the road >> so i have two questions for you. one is you knew the product, and you didn't dabble in the stock, why? right? the second question is are you ever unnerved by some of the promises that musk makes that even he admits, you know, might be aggressive, might not come true when he

smooth as a tesla i would say. really interesting to see the scorching marks now that we get a nice up close detailed shot of dragon. standing by for the go for side hatch open. >> that rounded square in the center of the capsule is the side hatch. on either side are the oval windows. >> dragon spacex. standby for hatch opening and egress. >> copy. we are ready. >> crew got the call. we are ready for hatch open. we take you now to live coverage of a nasa briefing on the spacex crew dragon's return to earth courtesy of nasa tv. nasa'sng to you from johnson space center. bob behnken and doug hurley spent nine weeks aboard the international space station traveling 27.1 million miles an orbiting earth over 1024 times. as of today, our crew is home. 45 years and nine days after the last american splashed down on earth. our two favorite space dads splashed down on the coast of pensacola thus concluding our first lunch america mission -- first lunch america mission. it marks the first return of american spacecraft from the

there is a bull market in tesla. there is a lot of money being made in tesla. has been a fabulous time to own elon musk electric car company. with a stock that's run from the mid-300s in march. that's a monster 324% gain ♪ how's your index fund doing? i am very glad i started recommending this one aggressively last november i can get rid of the "i'm with stupid" shirt that i used to wear before i realized tesla was going much higher. but beyond tesla, i think the rest of the electric vehicle space looks like a boom and then more like a bubble we keep seeing more and more of them come public often reversed mergers, special purpose acquisition vehicles their stocks have started to implode. and many of you want to try to catch these falling knives don't! people are hoping to find the next tesla, the next tesla of trucks, the next chinese tesla, the next tesla of salami i don't know whatever they're doing. in fact, some of these electric vehicle plays are a little more than a business plan, not even a full blown business, let alone a good business. the bull market

profile news from goldman looking from 3600 year end and there will be stuff to work on >> yes, and a looming teslatock slip we will be talking a bit more about that we also have invidia earnings. that stock is up nearly 6% we have seen a strong move in the semis overall over the last few days which many investors will have questions about apple is down fractionally i know you were talking with jim kram cramer about it this morning mic microsoft, alphabet, all of those higher this morning. >> yeah, it is -- >> yeah, also that leads to. >> go ahead, d >> go ahead, carl. you respond to him first and then i want to point out one other. >> just, to john's point about jim watching some of the share prices he has now a slate of names that he argues need to, or possibly could, split. after we got the apple news and tesla, and we'll see how much that democracitizes these names. you could argue they have gotten a little expensive for the retail investor. >> right, and not that it really creates any new wealth, but it is the psychological effort, right? i also just wanted to point out rackspace. i know you m

smooth as a tesla, i would say. it is interested to see the scorching marks now that we get a nice up close detail shot of dragon. >> standing by for the go for five hatch open. >> that rounded square there in the center of the capsule is that side hatch and on either side are those oval windows. >> dragon spacex stand by for side hatch opening and egress. >> crew got the call. we're go for hatch open. >> if you look closely, immediately above the hatch, you see the area that they're working. and that's where the chutes deployed from. the circles from either side where the mortars were. the main parachutes now hidden by the platform underneath the side hatch. the crew is in the process of removing the side hatch. we can see that go navigator is in transit. it is making its way back to the pensacola naval air station. bob and doug will get a ride from the recovery vessel via helicopter. we're preparing to open the side hatch and once that is done -- once that is done, the flight surgeon will pop his head in, do an ini

gainse seen these massive and you've been a long-term holder of both apple and tesla. e profits? ross: well, it's been quite a fortunate time for me as they are my two biggest holdings, so i've had to take profits because when you get these kind of gifts and you've been doing it as long as i've been doing, you've got to take some money off the table or valuations are incredibly stretch. we are working with asset bubbles right now and we think the bubble will last but we are also prudent investors. long-term, we are huge believers and tesla and apple, more so tesla, and we have no intention on selling our position but we've had to take some profits. tesla up 50% since the announcement of the split and they will likely get included -- up 15% since the announcement of the split and they will likely get included in -- ross: psychologically being part of the s&p is an honor and oneness tesla deserves. secondly, it forces a ton of buyers to buy the stock whether they like it or not because of the way indexes work. ironically, at the highest price tesla has been. it is a nice

one of the more richly out there. >> what i mean when i say value is on a relative basis i look at a teslafor example, which is trading at 1,000 times earnings people expect those earnings to jump that's an example of one of those overpriced situations or even a netflix, which is trading at 100 times earnings. not to say it is a bad stock it makes a stock like google stand out. it is a cash machine they've got high margins you've got every business you want to be in this environment >> what would you stay away from right now? >> i'd stay away from the banks. i think they'll be hurt not just from real estate exposure but also the interest rate >> thank you when we come back, more time for a turnaround how ge and ceo are responding to the pandemic and why today may be the day for tesla hold outs to grab a share or two of the $2,000 stock the price tag viacom is putting on a 30 second spot for the 2020 super bowl and what advertisers are demanding in response. it has to do with covid. we'll return after this commercial break you say that customers make their own rules. let's talk data. only x

a new all time high. new highs for apple, tesla, amazon, am lphabet. how much further to we have to go in this momentum play seems a little stretched right now? >> i think that as long as the fed is anchoring interest rate rates at interpercent, i think stocks have a green light. we own mtum in our portfolios. we use it as a hedge to some of our value names. i wouldn't be trimming stocks at this point i know we'll have some volatility around the election time as far as i'm concerned, equity still have the green light >> it's up 45% your nearing $100 million in market capitalization. why are the recent ipos, the recent ones outperforming the rest of the market by such a great amount now >> ipss represent new economy companies? it's the bread and butter of the ipo market in our portfolios are these virtual office places such as zoom video and slack, the messaging company. also digital commerce. rocket mortgage, fast turn around mortgages of lemonade, self-service renters insurance with interest rates so low, it favors growth companies and growth companies

. >>> new details tonight about a fiery tesla crash in saratoga appeared to shows department is confirming a second victim, a woman in her 70s has died from her injuries. the crash happened on wednesday at the intersection of highway 85 in saratoga avenue. that was a deadly chain of events on the highway. it ended in a minivan spinning out, a truck mangled and a white tesla bursting into flames. doctor the aftermath was caught on camera. deputies are looking for witnesses that saw the car driving erratically in that area along highway 17 and 85. >>> santa clara county jail inmates are on a hunger strike. the renews reports that they are protesting conditions at the jail, and joining other movements, and calling out police brutality. their participating in the strike at the main jail in san jose and the elmwood correctional facility. it will last through the weekend. we did reach out to the santa clara county sheriff for comment tonight and have not heard back. >>> we first brought you the story of a recently released san quentin inmate that was under a state-mandated quarantine at the hote

president barack obama a tesla boss in a mosque before tweeting out a fake bitcoin deal a trip to come and see scam raised more than $100000.00 in a day and a gallica has details from miami in florida where 2 of the suspects are from. in terms of cyber crimes this one was pretty or day they hijacked into about 34 accounts including as he said people like jeff bezos people like came car dash in the former president barack obama joe biden the list really reads like a who's who now how they did it was shows you a measure of just how sophisticated this was they phone finished members of staff who work at twitter managing to get the tools unwittingly from members of staff at twitter to then just hack into those accounts they then used each account to put out what looked like a charitable message saying if you send me whatever amount i pledge i will you know whatever amount you pledge i will double it and essentially using the big corn accounts belonging to these 3 people to line their own pockets the 17 year old who was arrested here in florida on friday is said to be the mastermind behind

a share. look at tesla, up $71, another 3.7%. cord intraday high. $2,077 a share. >>> let me see lyft and uber, please. we've got more on this. tim murtaugh with the trump campaign issued this statement about lyft and uber's situation. he says lyft and uber drivers livelihoods are being threatened thanks to biden and harris's support for a law demanded by liberal special interests who want to take away workers' opportunity to make their own schedules and participate in a free and open gig economy. all right. good time to bring in bradley tusk, the ceo of tusk holdings, a venture capitalist and this is the man who brought uber into new york city. first of all, bradley, i got to tell you this. i can't believe that california, the home of innovation, is trying to run these companies, uber and lyft, out of business. what's going on in california? >> you know, we have talked about this before, stuart, on concepts like mobile voting and turnout. california is absolutely the home of innovation but their state legislature is completely ge

to cast them as being manipulated by outside powers and to use your analogy you won't be driving a tesla won't be driving a tall because the alternative to look at shanghai was a lot of instability which foreign powers ultimately want for better if that's the official line how do you respond to that peter. well you know we don't really know but seems like it's very very possible that may come out of these some of the candidates even those who were thrown in jail may have harbored secret sympathies or made secret deals with russia mr bush recall for example the one who's in jail he was. in fact in charge of a corporation that was a silly with the gas wrong for russian oil john so these things are unknown for now and discover you know the current leaders such as the i've spoken with them i spoke with them here on the streets of kiev where they were protesting last night that a bell russian embassy and that we're staying away from a message in the russia which shows me that you know there is much we still the little and the group of one or soldiers or the $100.00 agents that you mentioned t

the nasdaq up a healthy full 1%. tesla jolting to another record high the company's five for one stock split took effect. phil lebeau has more on the move >> we're looking at getting the $500 a share by the end of the day. now who knows? but it wouldn't surprise me if it does get there. and this move in tesla shares today it means that the market cap continues to hit record highs. the now well over $440 billion let's do a comparison. tesla versus the top five automakers in the world. toyota, nissan, mitsubishi, alliance, gm and hyundai no comparison. it has a higher market cap, 367,000 sold by tesla last year. more than 44 million by the top five automakers. reminder, in one month we will get the q-3 deliveries from tesla. we'll see if they're still on track to hit the target of 500,000 vehicles being delivered this year. if you take a look at shares of tesla, we're showing you this since august 11th. this is just the moves since they announced the stock split remarkable it continues pushing higher i was joking when i said

don't see how they're going to command the multiples they do on the stock market so he's he's got a tesla saying he's either going to take a 50 percent hit on the stock market henri's going to lose a lot of people that need the drug so it can it's arbitrage i think you figuring there are many millions more that would vote for him with lower drug prices than the people who will lose the vote of the stock market speculators the pharmaceutical companies however he'll still get the pharmaceutical income because they he's not going after their predatory practices he's just saying people you know medicare medicaid patients and others can go imports and drugs from canada but on the other hand you know it does present a nasdaq like pricing possibility on the pharmaceuticals tesla sells like $500000000.00 with the cars and they're worth $300000000000.00 so perhaps they could say you know we're going to electrify these farms. suit of coles you know they could do something to give you this imagination of this huge market in abundance and they're going to you know transport these pharmaceuticals to m

don't see how they're going to command the multiples they do on the stock market so he's he's got a tesla saying he's either going to take a 50 percent hit on the stock market henri's going to lose a lot of people that need the drug so it can it's arbitrage i think you figuring there are many millions more that would vote for him with lower drug prices than the people who will lose the vote of the stock market speculators on the pharmaceutical companies however he'll still get the pharmaceutical income because they he's not going after their predatory practices he's just saying people you know medicare medicaid patients and all those can go important drugs from canada but on the other hand you know it does present a nasdaq like pricing possibility on the pharmaceuticals tesla sells like $500000000.00 with the cars and they're worth 3. 100000000000 so perhaps they could say you know we're going to electrify these pharmaceuticals you know they can do something to give you this imagination of this huge market in abundance and they're going to you know transport these pharmaceuticals to mars

basis walmart, by the way, a company whose sales are 2,000 times larger than tesla. en, i know it's just a stat, market cap i get it but man, what a move by tesla. what do you make of it >> walmart makes money and has for a long time. what makes tesla, i guess, more exciting is that it's exciting to know whether they'll make a lot of cash flow or not. i don't know this is crazy on the split it's happening i guess next week obviously the split is not a creation of real value, but if enough people perceive that it is, then okay, great, it is. i mean, it's in the stratosphere i can't. i can't possibly touch this one here >> can't touch it here guy adami? >> listen, i'm not going to pretend i've been some raging bull i've said for a while that i don't necessarily understand it. but i will tell you back in may at the time the stock was trading $700 and elon musk tweeted the stock was too expensive, that lasted a day and now we're three times higher that tells you all you need to know i'm not pretending that i understand it but i do see what's going on. >> i've got another

not a lot of companies are performing you look at tesla every day and seems like it's going up why not a piece of that action it goes back to the original thesis of tesla which is it's a big gamble the idea what elon musk was talking about is something he would say have very low chances of being successful. though we have seen success in last year, that's build the momentum and expectations that success can go forward there's still a big risk here. >> tim, i really much prefer to take a tour of your lovely home. it looks so nice back there. i'm going to ask you about the e elon musk factor how much of this stock is directly attributable to the man elon musk in the same way, some years ago, that a big portion of the value of apple was attributable to steve jobs >> no doubt about it in a lot of people's minds tesla and elon musk are the same at this point there's been efforts in the past to separate the two but that is what they are at this point. we saw the downside of that in 2018 when elon was struggling personally and struggling to get the company going. some investors were very nerv

tesla will get added to the s. and p. $500.00 index if that happens then a lot of fund managers would need to purchase tesla stock and that could drive the stock price even higher but then again it's really been quite mind boggling if you see what's happened to the stock of tesla but obviously it's specially younger people are really attracted to all the all electric place where tesla clearly belongs to mind body india and yet quite a new york banks have ever. and finally a modern but unique find a baseball card featuring mike trice of the law front of us angels has been put up for auction with bidding starting at a $1000000.00 initial offers have blown past that figure are ready with the auction only to end on august 22nd that's already a tidy profit for so called a vegas dave a sports betting consultant who said he bought the card for 400000 dollars 2 years ago. but an investment and that all we have time for thanks for watching. right to us to see people in particular. is that. on youtube. how does a virus spread. why do we panic and when will all of this. just 3 of the topics covered in the weekly radio show is c

lot of tesla share price at a $400 billion cap. ing to use those heuristics, and our team in asia , they downgraded the entire korean battery complex on their expectation tesla's battery day might make the backlog and the ip and technology of the battery industry less valuable, if not obsolete. this is big stuff and we are trying to use it now. we have a note out this morning on general motors about their ev and battery assets. it could be as much as $100 billion. it may not be worth anything unless they can carve it out and give it a currency to bring the world smartest people together and hire a team away from tesla to run the unit. something of that nature. alix: you think they will do that? adam: there has been awareness at gm for many years to do something radical. we think that awareness is now at an urgency level, and now there is a gap between urgency and execution. i would ask you, can i turn the table to you, if you had a son or daughter that was a nobel prize, store software engineer, where you think they could have a bet

we'll lay out what it means for your money and the economy. >>> and making a play from a retail investor. teslanew 5 a 5 for 1 stock split that is. shares, they are higher on this wednesday, august 12th this is "worldwide exchange" right here on cnbc >>> well, welcome or welcome back, everybody. good wednesday morning i am brian sullivan. thank you for joining us let's get a check on your markets. futures on the bottom right of your screen indicating a pretty sharp bounce for yesterday's swing. yesterday of course we were already higher, then we had the alleged russian vaccine news markets popped a bit more. up nicely most of the day but in a big turn late in the day the s&p 500, which at one point was within half a percent of its interday all-time high actually swung lower and finished lower big technology helping the big flip nasdaq falling 1.5%. nasdaq down three days in a row. believe it or not, that is the first time that that has happened since pre-lockdown. in fact, march 9th was the last time we were down three days in a row for the nasdaq not sure when the last time is we were down fou

2018 drive in a tesla model three. n a busy new jersey freeway merged together, autopilot nearly steered cnet's tim stevens and me into another car. >> it nearly drove us into the subaru there. >> not quite a perfect system. at that point the car was not aware that there other another car about to steer into us. >> reporter: aaa found the systems tended to disengage with little notice. aaa did not break out how each individual system tested, instead they looked at the technology as a whole. tesla's autopilot was. part of this round -- was not part of this round of testing, and tesla didn't respond to our request for comment. they are reviewing the results of the research, but it's believed the technology can avoid crashes and save lives. but what it does do not is replace the most important safety feature in a car, that is the driver. jericka? >> thank you. so important what i heard there from that aaa rep saying technology is safe if the person is using it correctly. thanks again. >>> ahead, the impact of the coronavir

you and said they have 100 million so i think you have to really play it safe in these things with a tesla name, there's a lot of deep pockets and multiheifles to pull. i'm not sure of the depth on something like this. this seems like a robinhood trade to me if there ever was one. >> with all the excitement over evs, it might be easier to get financing. maybe it's a decent time to be a company like this looking for funds and financing. >> right or maybe it's a decent time to do an equity offering given the excitement about it that sort of bakes in a lot of good things happening, which might happen. look at virgin galactic doing an offering taking advantage of the market, nikola i mean, they should. i think 100 million sounds like a lot, but if they want to scale up the way they hope to, they're going to need a lot more than that. >> manufacturing costs a lot of money, tim seymour. >> yeah. the bottom line is we've talked about these products there's a lot of liquidity out there. the ev space is a story space and we're seeing that. there's some very charismatic visionary folks at the helm.