we weren't even hear from elan musk when it's trading in the after hours session.f space ex. how will this be in the analyst participation? >> i don't think it changes it at all. more than anything what it does is make everybody wait an hour and a half. they made that decision yesterday at tesla once the space x launch was moved so that it's happening this afternoon, early evening, and as a result elan musk wants to be able to see it. he said hey, let's move the conference call back to 7:30 eastern. it means people like me get to spend part of their night tonight listening to elan musk. >> okay. phil, yeah that's going to be a long night, but let's be clear. you also got to drive a tesla in their new setting called insane mode, which allows zero to 60 in 3.2 segdz for all of us that do not have the privilege to do that. what's it like? >> it's a rush. it's a complete rush. my photographer bob who was sitting in the passenger seat throughout all of this every time he was thrown back in his seat. he got used to it after a while, but the best part is the reaction that

the aerospace company owned by elan musk, launching rockets this afternoon.to land the launch rocket on an ocean platform. this wooz the first deep space mission. >> elan musk also runs tesla motors. tesla sold 11600 of the all-electric cars over three months. and took in a billion dollars last quarter. stock is down about 2% after hours. apple may be working on an electric car. an employee tells business insider it's a project that will change the landscape and business insider found 50 people who used to work for sesla >> fwoogel about to take a step into the future announcing it will buy wind power with 100% renewable energy. that is where google will help replace turbines with 48 new machines. >> let's forecast on the forecast. it's warm. >> it. we're going to have a lot of solar power available to us. clear skies and warm with highs into 70s in chico, and fresno 80s in ala and san diego, palm springs bay area high temperatures upper 60s on the coast to low to mid-70s inland around the bay. looking for warm weather is what you'll find at pebble beach. sun

the aerospace company owned by elan musk, launching rockets this afternoon.ornia company did have to cancel plans to land the launch rocket on an ocean platform. this wooz the first deep space mission. >> elan musk also runs tesla motors. tesla sold 11600 of the all-electric cars over three months. and took in a billion dollars last quarter. stock is down about 2% after hours. apple may be working on an electric car. an employee tells business insider it's a project that will change the landscape and business insider found 50 people who used to work for sesla >> fwoogel about to take a step into the future announcing it will buy wind power with 100% renewable energy. that is where google will help replace turbines with 48 new machines. >> let's forecast on the forecast. it's warm. >> it. we're going to have a lot of solar power available to us. clear skies and warm with highs into 70s in chico, and fresno 80s in ala and san diego, palm springs bay area high temperatures upper 60s on the coast to low to mid-70s inland around the bay. looking for warm weather i

they have a drug business that picked up when they acquired elan, an irish pharmaceutical dual. the stock has pulled back hard since mid january. the stock is off the 20 points. and regular viewers know that i have been a big fan of this company for many years. even though consumers have more discretionary income, i think the scars of the great recession will keep buying the knockoff versions of ibuprofen. we know that drugstores love these products. what excites me here is the pending acquisition of omega farm. privately held over the counter drug maker for 3.6 billion euros in a deal that will expand their presence in europe. we know that they have a terrific track record doing smart deals. this could be another great move. so let's look with joe papa the chairman and ceo of perrigo. welcome back. good to see you. have a seat. i feel there's a lot of moving parts. the perrigo when you first came on is really a legacy company. >> right. >> if i look at the snapshot it may not be the right one to look at. because you had a front line litigation problem. you have some new product

the launch out of cape canaveral will be the second attempt if elan musk's company.s scheduled at 3:10 p.m. our time. scientists tried it last month but the unmanned rocket crashed and burned. engineers think that adding more hydraulic fluid may give it a better chance this time around. but the flight path is more challenging. if successful, this will be the first time a a rocket has landed on a floating platform. >> a look at emeryville. visibility is a problem. the winds are picking up. and more steady rain is on the way right into the afternoon. then it breaks up and gets even more interesting. i'll explain coming up. >> thank you lisa. also ahead, college basketball lose as legendary coach. how north carolina is reacting to the >> sad news in the college basketball world. dean smith, head coach, has died. smith family announced the former coach died in his home last night. >>. the retired hall of famer was with his wife and five children. he took the tar heels to 11 final fours and 2 national championships during his 36 years at north carolina. current tar heels

will try once again to successfully make the first at-sea rocket landing of the company founded by elan musk tried to land the unmanned rockets on the deck of a ship last month but it crashed. engineers are giving it more hydraulic fluid in hopes it will stabilize the rocket's fins. the flight path to the floating barge off the florida coast this time is slightly more challenging. >>> virtual reality has seemed like science fiction for decades, but now it is actually becoming a reality. tomorrow you can try it out firsthand for free. four bay area best buys will be among a few dozen across the country to offer demos of samsung's gear vr. facebook's oculus project teamed with them. analysts say it on because it's something you can only truly experience in person. check it out at the best buy on harrison street in san francisco, dublin union city and in emoryville. >>> the weather's been quite a reality shock. it is winter, after all. we should have seen this rain all along, but it's finally back after a very dry january. let's send it over to drew to find out what's next. >> storm number

i look at elan mosque reminding me of you, saying you want to be buried on mars. it's the crazy stuff financing things. it is the crazy people that will change the world and create the jobs for the future and they are doing so. equally, i think for the vast majority of people that are working for companies, it is critical that people who run the companies make sure that they have them - the most fantastic job in those companies. we have an organization. we have been exampling time at work and how to make time at work more enjoyable. and more pleasant. and for instance one thing we are experimenting with is telling people you can take holiday when you want. as long as you want and get the job done. >> strangely people don't abuse it. >> they don't abuse it. people working at home - you know if they want to go off and work at home it saves them an hour to come to work and go back to work. >> and transporting. >> and all the chatting at the office. they get their jobs done. i think flexibility in the workforce, making time at work and, you know people - your life is

will try once again to successfully make the first at-sea rocket landing of the company founded by elandeck of a ship last month but it crashed. engineers are giving it more hydraulic fluid in hopes it will stabilize the rocket's fins. the flight path to the floating barge off the florida coast this time is slightly more challenging. >>> virtual reality has seemed like science fiction for decades, but now it is actually becoming a reality. tomorrow you can try it out firsthand for free. four bay area best buys will be among a few dozen across the country to offer demos of samsung's gear vr. facebook's oculus project teamed with them. analysts say it hasn't caught on because it's something you can only truly experience in person. check it out at the best buy on harrison street in san francisco, dublin union city and in emoryville. >>> the weather's been quite a reality shock. it is winter, after all. we should have seen this rain all along, but it's finally back after a very dry january. let's send it over to drew to find out what's next. >> storm number two is approaching the region. it

and then they started talking about their hurdles for the future, but elan musk was surprisingly upbeat fact, the hurdles, the situations that they are encountering in the next year to three years, you got china sales which they need to figure out, and elan musk said it's not insurmountable insurmountable, that said, it's not been figured out, there's a model launch next year, there's rising costs, costs going into additions of the model s, whether it's auto pilot new features, or expansion of the factory. there's also rising costs for capital expenditures and here's what elan musk said on the conference call about how much the company plans to spend in the future. >> we're going to spend staggering amounts of money on cap x. i mean for good reason and with a great roi. you know and it's important to not look at the cap x in isolation because, like that's cap x that's been done for a reason in order to capture a substantial future revenue flow. >> as you look at shares of tesla year to date and they have been under pressure the thing to keep in mind is how much of a return on investment

that's property jex for 2025 according to elan. market cap he is targeting. $00 million, that's right, the same we see for apple right now. here he is on the conference call explaining how tesla gets there. >> if you take this year's revenue around 6 billion, or thereabouts, and if we're able to maintain the growth rate for ten years, and have the probability number and have a 20 pe our cap would be the same as apples is today. >> a lot of people weighing in on those comments today. stifel out with it late this afternoon reiterating shares of $400 saying simply put, we do not believe there is a demand problem, that's jamie albertson, reiterating a price target of $400 a share. look at where tesla is right now. it would basically have to double to justify his price target. and by the way, guys what i find interesting about his comment is when he says if you're assuming a 20 pe ratio, tell that to somebody like sergio who is lamenting, he would love a 20 pe ratio. >> ten times, phil a lot of these automakers these days. where are we

elan add photography contract. >> my work speak for itself and continues to shine through. keep this relationship alive. >> today harris shooting photo of those who hope to echo his success. these workshop called business connect already held in san francisco and santa clara now it's oakland. >> it's so grit that superbowl 50 is reaching out to oakland and to small business that is are diverse that represent our community so that the superbowl doesn't just blow through town but small businesses can get in the game. >> dead line to amy is april 30 >> dead line to amy is april 30. the winners will be notified in may. we have the information on our web site. carolyn tyler abc 7 news. >> san francisco is getting ready to connect off a year long celebration to mark 100 anniversary of the 1915 world fair. 7 news w there for the final preparation for community celebration this saturday at the palace of fine arts in san francisco marina district. site was one of the original locations of the panama pacific international exposition. visitors able to see artifact and innovative 100 y

the launch will be the second attempt from elan musk's company. it's scheduled at 3:10 p.m. scientists tried it last month but the unmanned rocket crashed and burned. the flight path is more challenging. if successful, this will be the first time a a rocket has landed on a floating platform. >>> an incredible change seems to be coming on just off our coast. it's almost undetectable. and if it continues the results could be alarming. researchers believe the chemistry of the ocean is changing. it may soon below on oxygen. here's abc7 news reporter wayne freedman on how that dramatically could change life in the ocean and ours, as well. >> you might think of it as a liability from past and generations. climbed change manifesting in ever broadening forms. the oceans surrounding us is an example. >> we are committed to a low oxygen future in the ocean. >> this researcher at uc david marine lab. don't suit the messengers. it's another series of dominoes in the climate change game. oxygen levels change and ocean creatures move in reaction to it. in less than one generation, the cal

the launch out of cape canaveral will be the second attempt if elan musk's company.:10 p.m. our time. scientists tried it last month but the unmanned rocket crashed and burned. >> nears think adding more hydraulic fluid may give it a better chance this time around. but the flight path is more challenging. if successful, this will be the first time a a rocket has landed on a floating platform. >>> an incredible change seems to be coming on just off our coast. it's almost undetectable. and if it continues, the results could be alarming. researchers believe the chemistry of the ocean is changing. it may soon be low on oxygen. here's abc7 news reporter wayne freedman on how that dramatically could change life in the ocean and ours, as well. >> you might think of it as a liability from past and present generations. climate change manifesting in ever broadening forms. the oceans surrounding us is an example. >> we are committed to a low oxygen ocean future in the ocean. >> this researcher at uc david marine lab. don't suit the messengers. it's another series of dominoes in

elan musk consider this a warning. i want him to give himself a chance to redeem himself next quarter. tesla is a good car but not a good company. >> i'll see you we can keep going. then we more gas in this country than we know what to do. i'm talking to the kpp about to export. plus all your calls on a thunderous thursday edition of the lightning round. so stick with cramer. >> tomorrow kick off the trading day with ""squawk on the street."" live from post nine at the nyse. >> they need to do this over again. i'm not kidding. >> it all starts at 9:00 a.m. eastern. while others go in circles... and repeat themselves... we choose to carve our own path, in the pursuit of exhilaration. the 306 horsepower lexus gs. experience the next level of performance, and there's no going back. ok, if you're up there, i could use some help. smart sarah. seeking guidance. just like with your investments. that sets you apart. it does? it does. you're type e*. and seeking another perspective is what type e*s do. oh, and your next handhol

he got a hyundai elan tra.e does have a hyundai elantra so i think the guy's telling the truth. >> i take a football. i don't want to squeeze all the air into his little lungs because i don't want to ruin the football. so i just take a little bit of air out of most of them. 11 out of 12 of them. and it does the trick. it absolutely saves his lungs. >> so i let some of the air out of the balls to release the genie. now, in retrospect, not smart. >> sucking air out of the regulation balls in order to save those people's lives. i saved 17 people's lives. tom brady had nothing to do with it. let me tell you something, if he did, he would have done the same thing because he's a [ bleep ] hero. >> i deflated those balls myself. all right, i did it, i'm the perpetrator. you don't want to believe me? there's nothing i can say to change your mind? i'm turning myself in. i'm from roslyndale, massachusetts. if you don't believe me, go [ bleep ] yourself. i love you, touchdown tommy! >> it was me. >> it was all me. >> it w

you may recall, an idea from elan musk a five-mile test track near highway 5.n the middle of nowhere. cost $100 million for the tech track. three companies of proposing to build the track. this is the first that stead will. yet again, high-speed transportation in the middle of nowhere. >> yeah, the middle of the valley. >> how fast do they go on the hyperloop? >> something like 750 miles an hour. it's transsonic. so -- pretty fast. >> thank you very much, 6:57. >>> final check of the day's top stories on this thursday morning. u.s. intelligence confirming the identity of jihadi john. seen clutching a knife in numerous isis propaganda videos a actually named muhammad emwazi. >>> and bay area congresswoman jackie speier unveiling new legislation today to stop children from eating those laundry detergent pods. if the bill passes the packets would have to be changed within the next year and a half. >>> just announced, giants buster posey, the new face of mlb. posey edged out david wright of the mets with 52% of the vote. yeah buster! >> not only three world champio

elan and merkel are speechless. it is at a time of money for nothing. good morning everyone.erg surveillance." it is monday, february 9. i am tom keene. let's get to our top headlines. >> angela merkel is meeting with president obama at the white house later this morning. merkel is fresh off her trip to moscow where she met with vladimir putin to try to find a diplomatic solution to the crisis in ukraine. she and president obama will discuss whether to provide weapons to ukraine's military. john kerry insists there is no rift. >> there is no division. i keep hearing people trying to create one. we are united and working closely together. we all agree that this challenge will not end through military force. >> kerry made his co comments at a conference in munich. governor l virus says -- l elvira. she says the bank will stick to its pledge to avoid currency intervention unless the ruble swing frightens financial -- threatens financial stability. >> we need reforms because neither monetary nor budget policy can create stable economic growth. >> she also revealed that she checks

heavyweight champ Élan holyfield. he's fighting mitt romney. picked a special song for him just for valentine's day. ♪ stuart: see that number? 18,020. we hit that mark earlier this morning. the world is on fire. the dow is at 18,000. look at zinga. the company that makes farmville. posted a wider loss. disappointing forecast. animals, down she goes. 15% down for zinga. three stories. all over them today. number one, president obama's buzzfeed video unsettling in my opinion. clowning around when we're threatened by radical islam. herman cain's take on that video next hour. the government takes in record revenue. more than a trillion dollars in just four months. doesn't matter. d.c. is still spending more. steve moore on obamanomics on the top of the hour. this video going viral on social media. a dog literally sniffing out its owner 20 blocks in the hospital. we'll play the full video. wonderful story. dogs rate 1225. it's true. now, wait for it. heavyweight champ of the world in the studio. taking on road rage. we're all guilty of it from time