elan musk owns 27% of tesla.aying to line his wallet. >> bruce, isn't 90% of rich people getting these subsidies too much for middle class to subsidize? let's face it. there's $130,000 tesla is a toy for rich people. >> it sounds like that. it sounds likele welfare for the wealthy scam. i believe they are talking about and planning to introduce. >> i don't know how many middle class folks will buy a $50,000 electric car. look how much was spent already. $2.4 billion in subsidized tax breaks go to the rich to tesla. 2.4 billion. >> this company would not be in business if it weren't for taxpayer subsidies. i don't think those price things bruce is talking about will happen. the stock is so high and wall street doesn't believe they have to cut the price. when you look at how much federal spending for electric cars has been over the past six years, 11.4 billion. that's to subsidize primarily rich people. >> how about green technology generally? green technology is a system for extracting cash from the wallets of mid

elan hall and stretch across c cpus. this years tunnel has a circus theme totot and is open from 7 to 10 through frfray. organizers incorrated a family hour starting at 6 there's no age limit for that so it could be for adults who spook easily too. "the president of briar cliff came through last night and she said this was one of the scariest tunnels that she's experienced so far," said dillon beckmann. "just [with] all the clown rooms, sharp turns and dark parts." the tunnels cost three dollars to walk through. they're open on halloween from 6 to 9. halloween is only a few days away. with the holiday coming up, there are a few tips to keep in mind to keep everyone safe. make sure you choose costumes that are safe. which can mean making sure a mask doesn't obsure your child's vision or sticking caution tape on a costume. you should also make sure by an adult or older child. and you should also safety-proof your home by making sure your yard is clear of ladders, hoses and pet t ashes. if you remember, about a month ago, w

. >> new at 11:00, elan musk back pedalling from a dig against apple.d the german newspaper that they called apple the tesla grave yard. they hired people tesla fired. they scoffed at the idea of apple making a car. they said i don't hate apple. i love their products and i'm glad they are doing an electr electronic vehicle. that's in line with other positive comments made in the past. >> helping girls grow into the tech leaders of tomorrow. they opened to hundreds for the first girls day. girls were invited to learn more about science and technology and math. girls are typically underrepresent and they were given the chance to change that and explore the worlds. >> we are doing a lot of computer activities today. most are focused on teaching young people to create things and not just experience something someone else created. >> more girls say they are scheduled for later on this year. >> let's check the forecast and rain. >> that's exciting to hear about. are we looking at raindrops? >> showers mitt week. you can see crystal clear and no fog to report.

elan musk had something to say about tesla being hired to work on the apple car. musk said they have hired people we fired. we jokingly call apple the tesla grave yard. i'm not kidding. business insider says that musk thinks building a car is the next logical thing for apple. >>> seaworld in san diego can build bigger tanks for the killer whales but cannot breed them. animal rights feared they were going to breed them. the expanded blue world exhibit is set to open in 2018. >>> a biology professor is helping to document zombie honeybees in california. a beekeeper spotted the first case in new york. he discovered a parasite that ineffects and kills bees. his web site allows people to up load pictures of bees that come out at night and stagger like zombies. mostly on the west coast. >>> it's 4:42, it's one of the highest international awards and the winner was just aannounced. the recipient of the noble peace prize. >> there's a new hockey team in the bay area. how the coach's son is serving as a source of inspiration. >>> we're looking at the south bay commute. so

as it relates to, you know, jack and comparisons to elan musk.hat was deliberate and he is an integral component of this strategy and vision as a management team as well as adam bain from an execution standpoi standpoint. those three individuals as a driver of change for the company could potentially be what takes the company in a different direction. >> it's a call today that a lot of folks are talking about. we certainly were. i appreciate you coming to the phone. >> thanks so much. >> scott devitt. >> the stock has erased half the knee jerk loss from last night. i wouldn't fall out of my chair if it went green wrish think the very simplest way to look at the company is the integration are google's double click ad service has not even begun to kick in yet. that could be a meaningful driver on revenue. technically the stock's double bottomed at 25. until it violates that level, i think this recent rally we've seen off the lows is still intact, and i would be a buyer on weakness, not a seller. >> scott's point was clear to me. it's a 12-month tar

. >>>, elan musk says something rather inpolite. let's take you out to the big board. dow industrials up a measly 55 points. ==sam/cu== consoling the grievi >>> happening today, consoling the grieving or playing politics. president obama will arrive in the bay area later tonight, but first headed to rosburg, oregon, where he'll meet with the fames of victims with last week's deadly shooting. tracie potts joining us from washington, d.c., this morning. those meetings are going to be privet and the white house has vowed he is not going to talk about gun control, but, still, this trip is considered controversial. >> well, it's because some think that he politicized the issue in this tragic shooting when he came out so strongly in favor of gun control immediately after the shooting. i mean, he was very forceful about it. the white house says he's not going to talk about it today at all. but he may be met with that issue because we understand that all a there are going to be demonstrators there. live picture from andrews air force base. headed out to the west coast. this wa

that's not stopping tesla ceo elan musk from taking a shot at the company.alking electric cars, some fighting words as well. next. so what's your news? i got a job! i'll be programming at ge. oh i got a job too, at zazzies. (friends gasp) the app where you put fruit hats on animals? i love that! guys, i'll be writing code that helps machines communicate. (interrupting) i just zazzied you. (phone vibrates) look at it! (friends giggle) i can do dogs, hamsters, guinea pigs... you name it. i'm going to transform the way the world works. (proudly) i programmed that hat. and i can do casaba melons. i'll be helping turbines power cities. i put a turbine on a cat. (friends ooh and ahh) i can make hospitals run more efficiently... this isn't a competition! [during sleep train's the triple choice sale. big for a limited time, you can choose up to 48 months interest-free financing on a huge selection of tempur-pedic models. or choose to save $300 on beautyrest and posturepedic mattress sets. you can even choose $300 in free gifts with sleep train's most popular stearns

in many ways was sort of elan can himself with barack obama looking back at things like iraq, at gayage. sort of drawing the contrast that barack obama was able to do very effectively in 2007 and 2008 in iowa. >> dickerson: when barack obama able to view that in 2007 and 2008, policies in the future won't be handled well. bernie sanders attacked her on lgbt issues but she is in the right place on those issues now. is there a lot of extra territory that he'll say, i'll be this much better than hillary clinton would be? >> the victim of his own success because his challenge has succeeded in moving hillary clinton to the left on some issues that he's been most identified w. when questions come up, this is case of bernie sanders when two questions come up you can trust make right decision off the start. and not be swayed by what is going to be politically convenient. does that work, i don't think there is huge amount of policy difference between these two candidates at this point. >> dickerson: we'll switch over. let's take break real quick so we don't chop that up too much. we'll be rig

oh, goodness, shaq racked up quite an entourage with jeopardy host alec trebek, megan boone and elan hall. it was a tight squeeze. >> about to close the door. >> pressing against my chest -- >> that is his belly button >> he has an outty. very good. >> i'm trying to keep my hands away from -- no, no, alex, everything is fine. >> alex trebek with jokes, all right. "scrambled politics" is next. real madrid have about 450 million fans. we're trying to give them all the feeling of being at the stadium. the microsoft cloud gives us the scalability to communicate exactly the content that people want to see. it will help people connect to their passion of living real madrid. if legalzoom has your back.s, over the last 10 years we've helped one million business owners get started. visit legalzoom today for the legal help you need to start and run your business. legalzoom. legal help is here. at ally bank no branches equals great rates. it's a fact. kind of like ordering wine equals pretending to know wine. pinot noir, which means peanut of the night. when broker chris hill stays at laquinta

susan elan jones: i thank the prime minister for that answer. following an extensive public consultation, the government's retail sector champion, kevin hawkins, described our current sunday trading laws as "a workable compromise -- most people seem to be satisfied with it most of the time." does the prime minister agree? prime minister cameron: i do not agree. i think that there is a strong case for change, but it is a change that we should allow local authorities to decide on, which is why we will be putting in front of the house, in the bill, the opportunity for that to happen. let me give the honorable lady and the house two examples of where i do not think the current situation works. first, there are these restrictions on opening hours for many stores. someone shouts, "what about families?" well, there are ma stores that families would like to shop in, and you have to go to the stores and walk around for hours before they are actually allowed to buy anything. the second point was make -- i would make is that you can shop on the internet. i

why elan musk wouldn't want to live forever but wouldn't mind a good 10 0years or so.l tell you what i mean in chairs. it's wednesday, october 7th, 2015 and squawk box begins right now. ♪ >> live from new york where business never sleeps, this is squawk box. >> good morning, everybody. welcome to squawk box here on cnbc. i'm becky quick with joe kernen. andrew is on assignment. we'll hear the highlights of his conversation with elon musk in a little bit. remember that bridge that opened last week in china. we showed you pictures and people walking across it with the blue shoes. we figured that was so nothing would crack. we told you it wasn't for the faint of heart. now there's reports it did crack. tourists were heard screaming and running. security officers found a crack in one of three pains of glass. they s

elan says that it's a complex vehicle. it's not a watch or a phone or anything like this. this is a major undertaking if they're making one. clearly, they need proof no matter what, the way google did. >> google has made a car. even if you don't end up being the one making it eventually. i do think he had a fair point that you can't just get a company to make it for you. this is a very -- they have to be all in. >> they are worried he won't be able to manage it either. >> the stock is down on this barclays downgrade. cutting tesla to underweight from equal weight. the price target is $180, which is quite a bit below where it's currently sitting at $222, but the street can't really seem to figure out the tesla story because the price ranges, even with four downgrades this week, those four price targets cut anywhere from 180 to 450. >> you get to multiples, and it seems silly. some seems to be focused on the ability to increase significantly the size of their production. whether they're going to be successful in executing. >> yeah. certainly so far we're waiting on those del

. >> tell that to elan musk. >> that's fair one. >> i like that exchange. maybe it's something we would have talked about a long time ago. thanks for bringing it today. john steinberg out of one market. we'll go to kayla in a bit. market is a little steady here. dow up 28 points. shares of chipolte slipping after earnings missed estimates. comps did grow a bit better than expected. that's a lot below the double digit increased posted last year. we'll watch cmg today. when we come back, mossberg writes the steve jobs i knew wasn't in this movie. why he thinks aaron sorkin's version can't live up to the man himself. a rough day for twitter after a downgrade at on morgan stanley, but an event this afternoon might turn things around unless are you living wered a rock you know today is back to the future day, and coming up some of the best and worst promotions from corporate america on _#bbtf. don't go away. here at td ameritrade, they're always working. yup, we're constantly making thinkorswim better. like a custom screener on your desktop, that updates to all

the only other comparables to someone who has done that, steve jobs and elan musk, which jack dorsey may well be. >> sure. >> both companies need someone to take them by the horns. >> and i think what you touched on as far as the board's communication, for me, is the real issue. >>> the spotlight is at twitter. if swrak has to perform somewhere, it's twitter. >> we'll kick that one around as well. apple is the other story that is raise soming eyebrows today. some marked weakness even as the tape is not to great. there's been some is bearish news flow as well. suppliers have been worried about apple downwardly adjusting its chip orders, and in some cases the sources say apple has done exactly that slightly for december. >> there is little precedent for this in human history. the complex computers that this company is creating. >> tim cook has said be careful about taking one data point and drawing conclusions about our entire supply chain. that's what this report is. i would be skeptical of reading too much into this based on the scale of what apple is doing and the preparation that k

he's done his post presidency with such dignity and elan and charisma. >> one of the most charming menmet in my life is george w. bush. i don't know why some families have one personality and some have another. >> nom everybody is the rivera. >> rocking around. >> you know i was watching that tmz tape. it was interesting how polite the paparazzi was -- >> big family. big watch tmz. >> still to come. halloween edition of facebook friday. but first, halloween police are out in force again on some college campuses. some of the costumes they find offensive this year. i am totally blind. and sometimes i struggle to sleep at night, and stay awake during the day. this is called non-24. learn more by calling 844-824-2424. or visit your24info.com. ththe willer mobilizing to take on the world? you don't know "aarp" aarp and aarp foundation are taking on hunger with 31 million meals donated drive to end hunger teams with local agencies to reach the hungriest among us if you don't think ending hunger when you think aarp then you don't know "aarp" find more surprising possibilities and get to know

. >>> some really tough words out of elan musk this morning. surprising stuff. we'll tell you about it in business and tech. >>> president obama is heading to the scene of this month's deadly shooting in rosburg, oregon. many there don't want him to come because they oppose his call for stricter gun control. why the white house says they have nothing to fear. yeah, we know that feeling. you're so bloated you've started wearing sweatpants ...everywhere. when it finally happens, it's always the worst possible time. and when you're finished, you realize you've been in there for a very, very long time. being irregular is the worst. get more fiber with chocolatey, chewy fiber one bars. feeling good can taste great. >>> he already said he hopes this is the last time during his presidency he'll have to do this. president obama traveling to rosbu rosburg, oregon, to meet with families of victims of the latest mass shooting. all the meetings will be private but the administration vowed not to talk about gun control. >> tracie potts live in washington this morning. tracie

steve jobs and elan musk come to mind. that's pretty elite company. other news, the transpacific partnership trade deal has been signed. we'd love to show you details all done behind closed doors. we'll show you protests, instead. one of the issues that protesters have is that it was all done behind closed doors and the truth is, we don't know a lot of details. the u.s. said it will have to approve this deal, but it is the biggest trade deal for the united states in 20 years with the u.s. japan and ten other countries that covers 40% of the world's trade and is part of our shift in focus from europe to asia. and the markets mostly moving higher this morning. google officially announcing its umbrella company alphabet this morning. the stock symbol will remain, but today it it is alpha. when we're talking about googthal search engine, that's google. the company that runs google and that is alphabet. so a new ceo at google. >> i bet you're going to repeating that a few times. >> alphabet. >> alphabet. >> all right. >>> quite an honor here this morning. t

sfluls, elan musk calling apple a tesla graveyard. seems like a lot.ming out this weekend. we will talk to a p.r. executive responsible for selling the apple story. steve jobs story way back when. hear her thoughts on the matter. squawk alley coming up next. >>> 8:00 a.m. at tesla headquarters in palo alto, california. 11:00 a.m. here on wall street. "squawk alley" is live.

operations on the ground in four columns of iraqi troops are closing in on ramadi the capital of the elanbar province which we anticipate the coming months will be the next liberated city. this coalition knows the situation in serious no less challenging as ambassador passenger suggests and the russian presence is further complicated matters, which ambassador will address with us in questions and answers. united states continues to support ground ground forces in american syria to take back territory and we now have cut off all but 68 miles of the 600-mile border of turkey and today some of those forces are within 30 miles of isil's nerve center if you will come it's capital rocco. beyond the military aspects of the campaign it will inevitably receive the most attention let's not forget the pressure we exert against this group along mutually supportive lines of africa while we have taken back isil's primary border between turkey and syria we must stress the turkish border is the last line of defense in combating this phenomena. as i have our dimension we are working with turkey and local

i think elan musk will be on mars before nasa is, and not spending any government money as well. thank you. >> the gentleman yields back. i recognize mr. perlmutter for five minutes. >> gentlemen, thank you for being here. thank you for your service to the country. thank you for your service to future, because that's what this is about. i feel fortunate that i got a place on this committee to talk about this. had an astronaut in my office a while ago, terry wurtz. my guess he both of you worked with him. he said this is not rocket science. this is political science. and the part we're dealing with is political science. mr. rohrabacher and i may have some differences. but generally this committee, i have been on a lot of committees in this congress, this committee get as long and agrees more than almost all the other ones. so is looking at this, we're the authorizing committee. so you have the budget committee, the authorizing committee, and the appropriations committee. i, on this committee, would like to be able to give you something that says you are authorized to get us to mar