i am brad stone in san francisco.musk reached the goal of building 5000 model threes in a week, he constructed a giant tent within a similar life and that has the challenges of winning over doubters who say this is not sustainable. joining us is liam. are you among the doubters? >> some skepticism, yes. brad: they have hit the threshold. elon seems like he pushed the company almost to the breaking point to get there. is it sustainable? their 5000 pert week target like they said they would. bulls will take comfort. it misses the bigger picture. carmaker,ofitable which they have yet to prove they can be, they need to have sustained high volume, high quality production. reaching the target in one week at the end of the target -- quarter, a repeat of what they did at the finish of the third quarter and does not prove that. it is a moment in time but it does not prove they are on sustainable footing. brad: the week at the end of the corner -- first week at the end of the corner -- are you confident they can do that now at

i'm brad stone in san francisco.k to tesla, elon musk hit his long-delayed target goal of producing 5000 model 3 sedans in a week. musk went to great lengths to hit his mark, including constructing a giant tent housing an assembly line. now, the ceo has the challenge of winning over doubters who say this is just not sustainable, and he also need to address the may accusation made tuesday that the model 3 cars made on a tent covered production line were not of the same quality as those made inside the plant. we caught up with bloomberg opinion's liam denning. >> fair play to the company, they hit their 5000 a week target like they said they would. and i think, you know a lot of a , bulls will take comfort from that, but i think it sort of misses the bigger picture, which is, you know, to be a profitable carmaker, which tesla has yet to prove they can be, they need to have sustained, high-volume, high-quality production. and hitting that target in one week at the end of the quarter, kind of in a repeat of what they did

♪ ♪ >> i'm brad stone in for emily chang.s is the best of bloomberg technology, where we bring you all of our top interviews from this week in tech. coming up, "we just became a real car company." those are the words of tesla's ceo elon musk after reaching his goal of building 5,000 model 3's, but questions swirl surrounding the car's quality. plus, dell is going public, offering a cash stock deal worth $21.7 billion, entering a new stage of a multiyear turnaround plan. and more institutional investors are diving into cryptos and coinbase is taking customers. how one of the world's biggest crypto exchanges plans to sign billions under management by the end of the year. but first to our top story. tesla engineered a late quarter production burst with the model 3 but delivered fewer sedans in the second quarter than expected. however, the late surge has thousands more of the cars in transit towards buyers. and for the first time, tesla exceeded their target of building 5,000 model 3's in a single week. yet on tuesday, analysts

here with us in san francisco brad stone. brad, does it appear that amazon recovery?l >> it does.e tell you the slow cooker. to buy it five times the. i don't know what it does. i was told to buy it because it on sale. emily: i have one. i don't know how to use it. >> last night, the site went back up. i bought it. apparently my colleague many zonethat forfeitedabout -- $99 million in sales. they recovered. emily: would you agree a drop in bucket? >> yeah. these are compared to other big thingss, we do see happening. now,u look at the numbers early numbers, they clearly hit the record. track 100 billion devices and you're looking at behavior. what did you see? how much did this glitch as far as ung tell hurt them? >> we didn't see that the give hurt them too much. we think they still have an incredibly strong start to the day. we've seen some really strong growth with some of the products they've got like own private label product. fire stick, amazon and lots of other products. about thed, what bright spot? >> the bright spot it's a big promotional day all around the world. whole

. ♪ ♪ >> i'm brad stone in for emily chang. best of bloomberg technology, where we bring you all of our top interviews from this week in tech. coming up, "we just became a real car company." those are the words of tesla's ceo elon musk after reaching his goal of building 5,000 model 3's, but questions swirl surrounding the car's quality. plus, dell is going public, offering a cash stock deal worth $21.7 billion, entering a new

brad stone, thank you so much.an read more about amazon space edition in this week's edition of business week. and another tech giant reporting after the bellies intel, also the focus of today's business of equality, our ongoing conversation about the bottom line of diversity. intel has plans to increase its diversity by starting at the top. ian king has some news on the countries divert -- companies diversity efforts. and you wrote about how when intel was searching for the ceo replacement, they considered very few qualified female candidates, regardless of their gender. walk us through the three candidates? >> you have lisa hsu, who is the ceo of amd. intel's only real rival out there as we saw yesterday. she did a pretty good job, at least the market thinks so. she has turned that company around and has all the credentials in the market. then you have rene james, who was a cohort of krzanich, someone who is running a chip company and understands intel's culture, the chip market, and the third candidate is diane

here with us in san francisco brad stone. es it appear that amazon -- amazon made a full recovery? brad: it does. let me tell you the slow cooker. i tried to buy it five times . i don't know what it does. i was told to buy it because it was on sale. emily: i have one. i don't know how to use it. brad: last night, the site went back up. i bought it. apparently my colleague estimated that many zone forfeited $99 million in sales. they recovered. emily: would you agree a drop in the bucket? >> yeah. if these are compared to other we see the releases, things happening but it is not expected from amazon. if you look at the numbers now, the early numbers, they will hit a record. it will show up in the guidance as well. emily: you track 100 billion devices and you're looking at shoppers behavior. what did you see? how much did this glitch as far as ung tell hurt them? >> we did not see that the glitch hurt them too much. we think they still have an incredibly strong start to the day. we've seen some really strong growth with some of

. ♪ >> i am brad stone. this is the best of bloomberg technology.all of our top and it is from this week in technology. hour, we in the next just became a real card company. -- car company. those were the words of elon musk. plus, dell is going public again. offering

on brad stone in san francisco. back to our top story.sk produced by thousand model sedans in a week -- 5000 model sedans in a week. now, the ceo has the challenge of winning over doubters who say this is not sustainable. joining us to discuss bloomberg opinions is liam denning. liam, it is fair to say you are among the doubters? >> some healthy skepticism, yes. brad: they have hit this remarkable threshold, elon seems like he pushed the company almost to the breaking point to get there. the question is, is it sustainable? >> fairplay to the company, they hit their 5000 a week target like they said they would, and i will taket of bulls comfort from that, but i think it misses the bigger picture here. that, to be a profitable carmaker, which does lie has yet to prove they can be, they need to have sustained high-volume, high quality production. hitting the target in one week at the end of the quarter is kind of in a repeat of what they did at the end of the first quarter. it is not prove that. it hits a moment in time, the one target, but

brad stone is also joining us from seattle as the head of global technology. d, what is your take on the earnings. -- earnings? brad: earnings is a 40% growth rate year-over-year. it is a sounding when you talk about a business with a more than $20 billion run rate. it is strong north american profit and a pretty impressive growth in the advertising business. maybe even signs of a whole foods prime rescue because, sequentially, the physical store business is up now. maybe a little bit of a topline myth, but a strong and growing business at scale. joe:leigh, you mentioned an ad business earlier. blogn is up on the according to olivia zaleski. how big do you think this could be and more importantly, are we lazy when we talk about the idea that these companies like google and facebook have a stranglehold on the internet that other companies cannot break into? leigh: i don't know if we are lazy, but because if you have a main street business -- because if you have a main street business, why would you want to go through hoops? joe: when we talk about these companie

. >> i am brad stone in for emily chang and this is "bloomberg technology."real car company, those of the words of the tesla ceo after reaching his goal of building 5000 model 3s the final week of june, reaction and analysis. again, going public offering a cash and stock deal.

was the night when the moon turns brads people around the world marvels at the longest and lunar eclipse to take place in this century we'll show you some of the stoning images of the plug man. campaigning winds down ahead of him bob ways first presidential election since the mugabe era well the opposition says it expects monday's vote will be logged to get the latest from harare.

was the night when the moon turns brads people around the world marvels at the longest lunar eclipse to take place in big stan sure we'll show you some of the stoning images of the plug there. campaigning winds down ahead a symbolic ways first presidential election since the mugabe era only opposition that it expects monday's vote will be blogged to get the latest from ferrari. i mounted on a welcome to the program people around the world spend half the nice with their eyes on the skies getting their fill of the longest total lunar eclipse off the century shadow of the earth through the moon and to darkness and turn this red one has also put in an appearance and its closest approach to the earth for fifteen years. but even if it was past bedtime everyone came. telescopes improved night let people get that little bit closer to the moon. but just looking up works too. in south africa people stopped in the streets. reading it's a very long list. so it's a bit about what. the book could. barter it looks very different today. reground ground. it's roads just look different very different. in egypt outside the city of far you home leaving the artificial