a complete fraud what proof do you have >> well, if you read the citron report.. >> there's over 20 pages of proof. most importantly if you see the way they are outpacing their competition, this does not make sense. how they say they are outpacing the competition, the justification does not make sense whatsoever the reconciliation in cash does not make sense if you say oh, my god, this is a real fraud and it's funny i think some analyst might have defended it saying it's not a fraud. they have real products. what does that mean? world trade centercom went under that was myling distance provider and -- >> leveling such accusations against a publicly traded company are serious. >> scott, i don't do that often. >> what made you say fraud >> i don't do this often the word fraud i use very judiciously. understand terminal business model and overvalued versus something i believe is a fraud and when you look at all the red flags it doesn't take a cfa. you don't have to go to a top business school. you sit down and read the citron report and you'll conclude oh, my god, t

with financial participation two of its biggest clients hello and his is citron as well as from the french state. we've always been protesting for months creating the first major industrial dispute of the michael administration. and more than half of their co workers facing an uncertain future. those employees out continue their demonstrations. but there is already a pie and that's good but what bothers me is that we don't know who will be retained and on the wall conditions. for those who need the compensated i'm angry that we don't know anything. i thought well you really have to struggle to find something to finish paying the house to raise your children. provide your basic needs not least find something to me little miss eskimos a. electric revolution is continuing on the roads with bmw and jaguar land rover both announcing plans to go green. bmw says all of its new cars will offer electric motors from the year twenty twenty five will judge your land rover announced similar plans take effect by twenty twenty.. they'r're following in the footsteps of volvo which will stop producing trad

well it's a veritable legend in automotive history the citron two c.v. known as the who in french and lovingly nicknamed in german enta which means duck all the relatively inexpensive friend's car was first unveiled in paris in one thousand nine hundred eighty eight and at the time it captured the hearts of a nation still recovering from the ravages of war well it's still a much loved model today with such symbolic flair that one carpenter in central france has paid homage to it like no one before him. this situ and to see partition is made of wood but you can still drive it. after five years of work the car's maker mission is taking it out on its maiden voyage through the medieval town of english. this is the first time it's been on the streets of france in russia. i guess. you like it here. but it's that instead of getting a little bicycle i've got a little car. the feeling you know what the idea was to build additional not any other cars but my heart set on building additional with the full. earlier the wooden to shovel was unveiled in last central sq

one thousand nine hundred forty nine at this point in time it wasn't just another car though the citron two c.v. symbolized freedom and the french swathe of it certainly much loved to model to die in a commentary in central france and given the car a facelift like. this situ and to see partition is made of wood but you can still drive it. after five years of work the car's maker michette over yeah it's taking it out on its maiden voyage through the medieval town of english. this is the first time it's been on the streets of france in russia. i guess. you like it here. but i saw it there instead of getting a little bicycle i've got a little car. you know what the idea was to build additional not any other cars but my heart set on building a digital with the full. earlier the wooden tisha was unveiled in last central square the whole town came out to see it. the local priest even blessed the car with holy water. all means of locomotion that brings people together to connect and unites them and that's the role of the gospel truth. when i. said it's a masterpiece michel's an artist. convert

but diesel gate is still casting a shadow over the industry francisci is a citron rejecting allegations which surfaced last week. the firm installed emissions cheating software almost two million of its cars. both sought in meanwhile is that it will begin offering electric vehicles of all electric versions of all its cars by the year twenty thirty. also showcase updated diesel technology though voting german carmaker's efforts make the engines cleaner rather than being forced to stop production all together. amanda feel i'm convinced that i will be a co existence between the combustion diesel and petrol engines alongside electric mixes many years. we need the diesel was abridging technology until we're able z. end of the next decade. all politically changed to electric. you know the french government is also trying to make diesel fuel a thing of the past it's already announced plans to phase out traditional petrol and diesel vehicles but you're twenty forty. and economy minister is raising the price of diesel fuel for drivers. each year year for the next four years a liter of diesel wil

supply is a pushover and citron and they say that they want to call companies like that to consolidate and to confirm that they will make this in the future to help save their own factory. a fifteen year old pupil has been arrested following an attack at a school outside of moscow the suspect allegedly fired an ergo none through smoke grenades video has emerged from a classroom close to where the incident took place be aware you may find some of it disturbing. thank. god. the boy is believed to have spent a long time plumbing be it and even worn to other people's not to come into school on the day of the assault medina cochin of the reports from the scene. this is the school where the incident took place this morning located some thirty minutes away from the capitol in the moscow region now everything happened on the second floor of this building during a computer class when the room was full of teenagers and they see that one of their classmates opened the door and stepped into the room he took out an ear and fired directly at the teacher right after that there was a lot of panic and

the way, that we've discussed, maybe not with you on this program in the best but andrew left of citronas raised had a number of issues as well regarding the price of actar but you also paint a damaging relationship between m ha llinckrodt and express scripps. >> it's unclear what express scripps is doing to promote what the doctors talk about in the study. it makes no sense. there are no studies for a large. a what's being prescribed for. it's an ms drug. the last studies were done in the early '50s, and it's being prescribed for everything, and so you have to ask why is a pbm whose whole idea raising the internet is to bring down prices and prevent this sort of thing happening routinely allowing this drug to get in its formularies, and i think we'll find that answer out soon. >> so the -- the mallinckrodt says you overstate the level of contribution that akthar makes towards the profitability of the company in. >> just sued by ownership who says the company is lying about the percent of profitability and revenues that akthar represents so i'm not the only runs. >> and express scripps

short seller citron research calling the tech company total fraud. nvidia trading at all-time highs. paccar also hitting all-time highs. >> i'm michelle caruso-cabrera while the east braces for hurricane jose this week, hurricane maria has now strengthened into a major category 3 storm we have the latest just minutes away >>> home builders feeling less optimistic concerns that rebuilding efforts after hurricanes harvey and irma will drive up construction costs. >>> and the cnbc global cfo council releasing its latest info some giving president trump credit for some of the stock market rally we've seen. and the record rally is where we begin. another solid market day bob pisani >> we're heading for six months in the s&p up every month here let me show you what's going on. the most important thing is sheer momentum we crossed the 2500 mark that was a very important psychological level for the markets here also the advance/decline line. every day more advancing the declining stocks the market is not going to break down when that's happening for sure and