apple computer at one point wanted to be a phone company let's give elan musk the benefit of the doubtat he's probably got a plan for this one. >>> the china crush continues as the tech stocks feel the pain, but could these names be the perfect buying opportunities the traders will weigh-in. later, check out this stock. it's forming a dangerous technical pattern that has him pressing sell. he'll tell y t ne teon isour.heamlar unexpected friends. unexpected friends. these zebra and antelope. they're wearing iot sensors, connected to the ibm cloud. when poachers enter the area, the animals run for it. which alerts rangers, who can track their motions and help stop them before any harm is done. it's a smart way to help increase the rhino population. and turn the poachers into the endangered species. ♪ ♪ and i am a senior public safety my namspecialist for pg&e. my job is to help educate our first responders on how to deal with natural gas and electric emergencies. everyday when we go to work we want everyone to work safely and come home safely. i live right here in auburn, i absolutely lo

better late than never tesla chief elan musk has met his goal is electric car company produced five thousand model three sedans in the last week of june with the last one rolling off the assembly line at about five am on july the first a few hours after musk self-imposed deadline he'd originally wanted weekly production to hit five thousand by last december but had to postpone the plan due to technical problems. it's as much a british icon as the union jack but the company behind this innovative electric powered black cap taxi is joining the fleet of car makers concerned about bracks it during a visit to berlin the chairman of the london e.-v. company called peter foster said mistakes over breaks it could start a steady erosion of business activity in britain. this isn't put sistas it on you but it's a process that will take ten to fifteen years but would be madness to wake up in the morning in london and read in the papers that there's no car industry in britain it would be a real shame does the ability shot of his fears follow in the tire tracks of other big car manufacturers present in br

you're looking at a video of a mini-submarine invented by elan musk that was just one post in a weekendlurry of tweets by musk, none of which talked about tesla at all he tweeted a tote afl 10 times this weekend, every one of them was about the rescue effort in thailand he answered questions about his mini-submarine when he wasn't busy showing photos of it. he took to twitter and blasted a handful of organizations is he intentionally trying to distract investors from tesla? >> this is a sensitive situation, given the fact that there were so many people in jeopardy no, it probably is not a distraction. if he wants to distract people he'll be much more direct. i think the core holders of this are a little bit nervous, if you will by his tweets, not these in particular, but i think earlier beats about cashflow profitability, et cetera that he has really no policy on, he should not be tweeting on that stuff >> do you want to be invested in a company with a ceo who tweets and goes after -- i think some of the die hard tesla people, they love it this is the guy they're betting on and taking h

the credit supply terms are critical to automakers balance sheets >> elan musk says he's a carmaker nowim to be a technology company. i thought today was constructive closing above 300 was constructive today what i'm fearful of is what you just said, we have to raise money, they have to raise money. this is going to take place whether the bulls like it or not, there's got to be a race. >> i think he's trying to pull every string. >> they should be able theoretically. >> over and over again you. >> think that if the company went out to market overnight -- that they wouldn't be able to raise money. >> i think they would be able to raise money -- >> the market is still open to them >> we had one little spike here in the bonds nobody thinks this is a profit that's supposed to be making a profit you're buying elan musk. >> he wants to be a car company, though that's the problem >> what's the problem with being a car company? >> we don't want it to be a gm multiple >> all i know is, here's the point -- look at the top holders in the stock, they're not short term people. they're in it for the

will elan musk have to raise more capital for his thcompany. e big issue, jet fuel prices up 50% in the last year. could they go higher? that would push up costs. and prompt some carriers to cut flights in certain markets. nally, will demand remain strong? >> the robust economy and high consumer confidence have a lookingumber of people to fly this summer. will that continue this fall's th big question facing airlines and their investors in the second half of this year. phil lebeau, nightly business report, chicago. >>> as you plan your summer vacation, there's an emerging battle between illegal short arm rentals the law. morgan brennen spent months investigating this cnbc exclusive, and that's next. >>> an emerging turf battle is underway betwe cities and upstart tech companies like air bnb that have beenapitalizing on the wild west landscape of the share econom it's valued at $31 billion, currently worth most of publicly traded hotel rivals. gigantic growth means big growing pains at the same time. >> air bnb unwelcomed guests is our investiga

tesla is on target elan musk, is he on the right road now and where does the stock go from here in today's session, it's going to be a major reversal call him l.a. bron striking $154 million deal with the lakers will this mean big green for the purple and gold, and is the league happy to see its top dog head west? christopher "mad dog" russo will join us live the slam dunk edition of "power lunch" starts right now. >> at least so far in the red. the averages often their session lows dow was down more than 100 points nike, wal-mart, cisco, kmef ron, they are the big down decliners. energy, real estate, materials, the worst performing s&p 500 sectors. wynn resorts, on pace for their worst day since january. the stock slides for a disappointing june gaining revenue. melissa. >> we begin today with tensions over trade canada hitting the u.s. with tariffs, and more retaliation coming this week from mexico and china. aman is live at the white house. >> yeah, that's right we're getting our first reaction to white house and criticism from the u.s. chamber of commerce thaends earlier today on tarif

. >> elan musk went on the attack today targeting a diver who helped rescue 12 young soccer players andusk replied on twitter saying he never saw the diver at the rescue site. mus then referred to him as a pedo, short for ped >>> california democratic party leaders met in oakland to vote on key endorsements for the upcoming midterm election. carlos has the story. >> we are months away from the november election and race for u.s. senate is already heating up. california democratic party opted to endorse kevin over dine feinstein. >> the best majority of californians know the senator because she's been the incumbent. but now we have an opportunity to contrast our values and our vision for the state of california. >> fieinstein asked the party t stay neutral in the race. but the board backed up her competitor. >> we want someone standing up for immigrants, standing up for the lgbt community in a strident and forceful way. >> both candidates failed to secure the party's backing ahead of the primary by not capturing the 60% of votes needed. feinstein angered democrats last summer when she ur

your business with god he says, god, forgive me god says repaint and thin no more it looks like elan musk needs to repaint and thin no more here. charles schwab lowering their etf trading fees this year carrie, it's just getting cheaper and cheaper to do this automatically and not have actual managed portfolios anymore. >> well, there's been this move, obviously, to index funds for years now. i think the most interesting aspect here is that etf's have been no commission at many of the firm's offering them for years. now they're offering no commission on other people's funds. therefore, i don't think they make any money on it at all. they must be gathering assets. it's about a market share gathering game, and fidelity and schwab are doing it, and so van garde has to do it, and i don't think that there's a big profit motivation i think it's a competitive strategy and, you know, there are successful companies, good luck to them, and i can't think smaller firms are going to be able to follow it. this is very different from whether active managers can compete with index funds you know, we've e

tech billionaire and tesla ceo elan musk is sending in his specialist engineers to help with location tracking and water pumping. cnn meteorologist jennifer gray is here with a closer look at the rains moving in. i'm afraid to ask how much. >> yeah, well, the monsoon season has started. there's a dry season and rainy season. it comes in a big way when the rains start. we're talking about the rains setting in in a matter of days, not weeks. it is going to be a race against time. you can see july and august. we get anywhere from a foot or more of rain within the month. we're forecasting a 10% above normal rainy season. once the rains begin, the water is going to rise even more. those currents are going to be very, very strong. we have this tiny window within the next couple of days where the rain should stay at a minimum, and the currents are going to stay relatively low, and the water levels are going to stay lower than they will be within the next week or so. we did get a little bit of rain today. here's the satellite picture, and can you see the clouds in the area. le forecast radar

tesla is on target elan musk, is he on the right road now and where does the stock go from here in today's session, it's going to be a major reversal call him l.a. bron striking $154 million deal with the lakers will this mean big green for the purple and gold, and is the league happy to see its top dog head w

the latest entrepreneur elan musk offering to send his staff there to help. >> leland: greg, thank youecretary of state is in north korea working to nail down specifics how the regime will comply with the denuclearization deal. it's the first time mike pompeo has been back since the historic singapore summit. dan hoffman joins me now. a big couple days coming up here. to remind everybody the third time pompeo has met with kim but it is the second time they'll be having a one-on-one. what do you expect to come out of this? >> first i would just caution everyone to manage our expectations. this is an extraordinary complicated diplomatic challenge. it is a good thing that secretary pompeo has such experience at c.i.a. and the house intel committee and brought with him the cia commissioner manager andrew kim. whether north korea will give up its nuclear capability in return tore food and energy assistance and integrating its economy potentially into the world. >> sandra: now that the broad framework for denuclearization has been achieved at the singapore summit he is there to hash out the

today elan musk sent engineers from his company to try helphes efforts . this morni musk suggested building a kid sub mar reap from one of his space osh balance rockets. he said the rocket can be billion dollar within eight hours. we've beent th ht. it's been a beaiiful day. don't know if you spent any time outside. it was a .perfect i've been waiting for this dayince last weekend when i found out that there was going to be a cool front moving in. it was everything i expected and more. wasn't it? i just want to take a moment say this is the best it will be all summer. this is theest that i can be. i know ladies i've been f waiting forevor it , toovment it was not under aming. how beautiful it was all day and how i great ar flee tot tally lucking out os weekend. eede 8gr1- a few high i even feels a degree cooler with e breeze. no heat indexgh here seventy-ei is all in gaitrsburg, 78 out at dulles, 75 i winchester, 78 in culpeper . seventy-nine in baltimore, yes, a l of places here even failed to hit 80- degree at theseokcredibly cool n . bers thirty-seven i