sometimes you get a very chatty elon musk and sometimes you don't get very much from elon muveng and watch the shareholder event and we'll let you know if he has are says anything that's significant or if he has a day when elon is quiet. >> musk has q2 deliveries in the leaked e-mail a couple of weeks ago. >> the e-mails come out and they help the stock in opportune times and being that they set record delivery, right >> record deliveries in terms of i'm trying to remember exactly if it was for the month of may and in terms of their cadence and what they're expecting we don't know much about where they are as they start the month of june as far as what we can e trap late out of the e-mail about record deliveries and whether or not that portends that this is the ramp up that he's been talking about. remember, we've been down this road before, melissa, where they indicate that things are improving and they have deliveries that are ramping up and the numbers come out and it's not what they indicated or what many people extrapolated out of their e-mails >> if elon says anything juicy, ke

this is the issue for elon musk. he will save money and make it more economically feasible to if he things into space can continue to reuse these rockets. last time they launched the falcon heavy, they landed two of its boosters at cape canaveral and they landed one on their remote drone ship which is, i think it is called i still love you. that is the name of the ship. the drone ship was rocked by heavy seas that knocked the main booster back into the ocean and it was lost. it will be interesting to see if they can recover all three of those boosters from this falcon heavy launch and then reuse them on the next one area that is the idea. that is where the profit is made as opposed to elon musk's competitors. he does have also a more powerful engine, a more powerful rocket than any of his competitors as well. twice the power of the next guest competitor. 63 -- 63,000 kilograms of payload into space with that much boost. he has a reusable shell that goes around the payload. they will drop that shall as well when they

it is time for rapid fire and here with their fast takes dominic chu, seema mody. >> elon musk layinglans at the shareholder meeting yesterday. so many headlines out of this. a record year for tesla on multiple fronts. spiked 4% after the bell and now the stock is down about 2% and trading around 213 we had to bring phil lebeau in to squeeze all the tesla news. why aren't the shares hanging on to their gains >> a nice move in the last eight days up 22%, 23%. not surprising that it gave back a little bit but the three headlines that came out of the annual meeting yesterday from elon musk let's start with what he said. strong demand. been this question since the beginning of may about whether or not slower demand is hurting sales. no, look, we think we might possibly have record deliveries and record production in the second quarter and with regard to china where they're building a giga factory he's optimistic that they're making progress and up to speed by the end of the year and finally the question of, as they advance production, will they be able to make batteries fast enough? he sa

this is elon musk we are talking about.hopeful upside and have to wait and see if the company can come through. was bloomberg news detroit bureau chief david welsh. thank you for joining us. the operator of japan's most popular messaging platform has been investing heavily in financial services in the face of a stagnating user base. line now expects the fin tech business to breakeven and want to two years. the ceo spoke exclusively to bloomberg in tokyo about when line should become operational. >> we have to prepare to acquire the license and we have to comply with every nation. i think it does not take so much time. --are expecting >> 2020. as a business, how important is it to break the dominance of your main revenue stream and that is advertising? profit on the company until after the year. ofs year, we need a kind full year investment to establish new domain. >> you are in a period of investment for the next three to four years. potentially until 2022, you are not looking at profitability. >> it depends how fast we sec

later, infamous tweeter and elon musk just said he is deleting his twitter account and the stock was soaring today. is musk's sporadic behavior on twitter over we've got the details. ua, w rke live from times sqreneyo city. much more "fast money" right after thisk exchan every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from finding out what's selling best... to managing your fleet... to collaborating remotely with your teams. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. >>> there's a reason we keep having the privacy scandals that come week after week after week and it's because there's nowhere else to go just last year everyone said i'll delete facebook and i can't do it anymore and how many of your friends went to instagram not realizing it's the sail. >> that was facebook co-found

shares trading higher after elon musk reinsures investors about electric car demand.ou while wells fargo is having a hard time finding a new ceo. it's wednesday, june 12th, 2019. "squawk box" begins right now. ♪ >> live from new york where business never sleeps, this is "squawk box. >>> good morning, everybody. welcome to "squawk box" on cnbc we're live from the nasdaq i'm becky quick and andrew is off today. watching u.s. equity futures at this hour and things are looking like we would open down. dow futures down by about 80 points this comes after yesterday where you had seen the gains give back in the course of the day actually closing yesterday's session near the lows. the s&p indicated down about nine points right now and nasdaq off by 39 and yesterday was the first time in seven days we had seen the dow close lower if you're looking at the gains that had been built up, at this point for the month of june, we already erased about 70% of the losses that we saw b

right now everyone sees as elon is tesla and tesla is elon.ve to confront the reality there will be a company on the other side of elon and start setting up for that. stuart: but there is no prospect of elon getting out of the way tesla at all. >> nobody could go on twitter tomorrow and mess it all up. he's been bitter about the sec settlement but last summer he came very close to a couple of times getting the boot. from the sec. now what will you do about it? how we set this up?stuart: does the sec have the power to say you are out?>> of course! they can ban him from being chief executive. in his already overstepped the line once. and made them angry again a second time. you kind of have to plan for that. but also, should be establishing a company that can run without one person. if the entire company is pegged to one persons ability, then elon could get hit by a bus tomorrow, right? what we do if that happens? you can trust autopilot just a little too much. but we do if that happens? you have to establish policies and procedures to make it w

the global learning xprize, at it was named, was the brainchild of elon musk. to teach children maths and literacy in their own language that would deliver results at least as good as it would have been if they had the chance to go to class. it was an outrageous amount of money to give away for a competition — a $10 million prize, but some would say it's a small price to pay, because the challenge was to find the best way to teach children remotely. the results have been impressive. last months in los angeles, two winners were announced, picking up $5 million each from elon himself. dan has been back to africa to talk to one of them about what they achieved, and what might be next. rooster crows. the walk to school, and back to where it all began. it was here in this village where seven years ago, onebillion handed out its first devices, before any of these children were born. some of them are still in use. andrew's charity is now working with partners in south africa, uganda, the uk, tanzania as well as across malawi, but to its founder, this place is special

is email the next twitter for elon we've got more "squawk alley" eater the brk.s up 39 points ♪ there are roadside attractions. and then there's our world-famous on-road attraction. the 2019 glc. lease the glc 300 suv for just $459 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. the flexible class schedules d me tremendously. allowed me to go to work full time, run my catering business and be a mom and parent. when i reached this accomplishment, it was like, it's here, it's happening, it's now. we at southern new hampshire university are the ones who succeed. we are the ones who break through. >>> i'm scott wapner here's what's coming up on the halftime report. what's the best tell on the state of the markets the fact that bonds, gold and staple stocks have been rising or is the surge in chip stocks this month a thing you should be focussing on the investment committee on that case >>> plus, five stocks contributing more than 30% of the s&p's gains this month so we'll discuss what the concentration means to your money and with oil

the global learning xprize, at it was named, was the brainchild of elon musk.that would deliver results at least as good as it would have been if they had the chance to go to class. the results have been impressive. last months in los angeles, two winners were announced, picking up $5 million each from elon himself. dan has been back to africa to talk to one of them about what they achieved, and what might be next. rooster crows. the walk to school, and back to where it all began. it was here in this village where seven years ago, 0nebillion handed out its first devices, before any of these children were born. some of them are still in use. andrew's charity is now working with partners in south africa, uganda, the uk, tanzania as well as across malawi, but to its founder, this place is special — as is winning the xprize. on a personal level, we just felt enormous gratitude. we've built on the expertise of so many people from around the world. 0bviously $5 million is very, very useful. it's really given us this opportunity to show that we have a quality product

please welcome to the stage special envoy for monitoring and combating anti-semitism, elon carr. >> what an amazing room. i am so pleased and honored to be with you today. my most important message to you is a thank you. ioa debt of gratitude to you personally and the united states government owes you a debt of gratitude because in my work, monitoring and fighting this ancient relentless sickness that is anti-semitism, i have no more important address than the adl. there are many fine jewish organizations out there but there is one organization that is synonymous with a fight against anti-semitism and with the fight against ethnic and religious hatred and intolerance, and that his adl. -- is adl. to jonathan green rad, ken jacobs and who has been with the adl forever and got an award last night. ken, you are amazing. we are so grateful to you. special shout out to cliff schechter of your national leadership team. you adl is the go to address, that is not just a line . i want to give you a very recent example. i just got back from eastern and central europe. my first trip that involved bi

the first tesla pickup in the world, called the truckla, is not made by elon musk.fied the model three adding extra tech so she could weld on the road. don't worry, she unplugged the battery before surgery so the car felt nothing. finally mit scientist are teaching a robot how to feel an object by looking at it. researchers say it will help the robot better when lifting things, like the handle of a mug. mine is a tea with two sugars, please. these days, fitness gadgets are about so much more than just tracking our activity. yes, of course, they want to make us exercise more, but they also aim to help us get injured less, and sometimes, even have a spot of fun as well. some of the latest gadgets certainly don't pull any punches. a set of connected boxing gloves. now, the sensors are embedded here, there is one in each hand so they can track how many punches you make and also the force of those punches. there is eight rounds. fight cab hopes to get you fighting fit by running you through a variety of workouts in the art. the accelerometer—based sensors track your move

. >>> what's elon musk doing to get tesla's stock up 18% this month alone. charlie gasparino says cbs and viacom may be about to press the reboot button in their remarriage talks. less than an hour to the closing bell. so glad you're with us. let's start the "countdown." liz: the significance of that fire in philadelphia is now truly being felt. philadelphia energy solutions, we need to tell you, is planning we hear to shut down the biggest refinery on the east coast after that huge fire and explosion last week. the company is citing financial struggles and says it plans to position the refinery for sale and restart eventually but as for the moment, the cause of the fire is still unknown. will the shuttering cost hundreds of jobs and put the screws to gasoline supplies and maybe prices in the most densely populated corridor of the u.s.? let's look at the futures right now. this is sort of the wholesale price of gasoline. it spiked on the news, you can see that right there, sort of at the open, and the facility is refining 330,000 barrels a day. we are lookin

powell. >> thank you. >>> watch out elon musk, another company wants to develop a better hyperloop. they have developed a full hyperloop scale in nevada going more than 600 miles per hour. >> i don't understand what that means. >> it's like a vacuum cleaner and you get there quickly. that means you travel between d.c. and new york city just taking you 27 minutes. >> that's what i need to know. >> fast travel, and right now by car it takes you four hours or more depending on the traffic. the ceo tried to sell that to lawmakers. >> i see it happening in years. i can tell you i thinkou will see a person riding in hyperloop soon. >> elon musk came up with the idea and offered it to the public. >> yeah, i wonder what kind of affect it has on the body traveling that fast? do we know how that affects your health? >> as long as i can get to the party on time, i don't care. >> oh, wow. >> am i there yet? >> priorities. >>> we are prioritizing time to get outside because it's going to be a beautiful day. we have a lot of sunshine. we can leave the air-conditioning off, not just san francisco

we saw shares jump following what we heard from elon musk.did he say to get investors such an optimistic view? did he convince them that demand was in such an issue? >> i think he did. that's the key point for investors. there are production delays, but they seem to have moved past that. that has created concerns about demand. is the question for tesla whether they can make cars fast enough or whether they can seldom fast enough? musk was confident that consumer demand remains high and they can essentially sell them as fast as they make them. that has been an important point. shares did gain. there is some investors that are buying into it. not everybody was completely convinced. there were skeptics that said, of course he's positive. he's been positive before. was thatnsus clearly his view on the subject is valid. nejra: thank you so much for joining us. our global business editor in tokyo. let's check in on the markets around the world. .oining us from mumbai let's kick it off with you. looking pretty flat today. anything standing out for y

let's start with the model y, elon musk said when that production begins next year they expect to haveme production, mass production by the end of next year and then with regard to the giga factory. they're building one also in china. it brings up the question what about the supply of batteries? can they meet increased demand out there? elon musk said they may even start mining their own materials, getting into the mining business in order to insure battery supply. and with regard to q2, production and deliveries, here's what elon musk had to say. >> sales are, have far exceeded production and production has been pretty good so we're actually doing well and we have a decent shot at a record quarter on every level it's going to be very close. we've got a shot at a record quarter. >> the key product to look at. model 3, they fell off dramatically in the second quarter. 74,000 vehicles being delivered. we'll get the numbers in the first couple of days for july. as you take a look at share force tess la, you should keep in mind. this is a company that said that perhaps late this summer the

elon musk as usual has set some very ambitious goals.end a human into space not long from now. justin: the plan for a human is this year. i think last year -- it showed we can get two separate orbits on a flight. the industry is moving that way. you've got to be able to do that. different customers want to be different places. i think it was important that they show that they can do that and they also showed that it is with the largest current rocket that's flying. emily: how does this position spacex in the private space race with the u.s. and other countries? justin: they're looking for stiff competition as well as with lou origin which has been interested in some air force work as well. it's a solid revenue stream. the air force is always putting up national security packages. that's one of the things they all want to see develop. then you can do other things, you can learn a lot from that type of work. so it is really important for spacex and the others and it will be hard competition. emily: just and will continue to cover that for

that's elon musk on that plane, wing walking should ceos be forbidden doing dangerous things like that when "the exchange" is back in two. t? it's not about quantity. it's about quality. no trendy stuff. i want etfs backed by research. is it built for the long-term? my reputation depends on it. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. i felt completely helpless. trashed online. my entire career and business were in jeopardy. i called reputation defender. they were able to restore my good name. if you are under attack, i recommend calling reputation defender. vo: there's more negativity online than ever. reputation defender ensures that when people check you out, they'll find more of the truth, not trash. if you have search results that are wrong or unfair, visit reputationdefender.com or call 1-877-866-8555. that have made the rx crathe leading luxury

eyebrows again. >> oh, elon.t of" i casweepstakes it. and i get to be in this geico commercial? let's do the eyebrows first, just tease it a little. slather it all over, don't hold back. well, the squirrels followed me all the way out to california! and there's a very strange badger staring at me... no, i can't believe how easy it was to save hundreds of dollars on my car insurance with geico. uh-huh, where's the camel? "mr. big shot's" got his own trailer. ♪ wheeeeeee! believe it! geico could save you 15% or more on car insurance. intand ux f sport,rst of its kind lexus ux also available in hybrid all-wheel drive. lease the 2019 ux 200 for $329/month for 36 months. experience amazing at your lexus dealer. david: forget a population explosion. tesla ceo elon musk is doubling down on a comment that the population would grow to 9 billion. he said it will decline. randers estimate far more accurate than u.n. so why worry about climate change when there will be nobody around to worry? >> there is always something to

tesla and space-x ceo elon musk making a grim prediction about the future.e just tweeted that has a lot of folks raising their eyebrows again. >> oh, elon. the same, but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. my copd medicine... ...that's why i've got the power of 1 2 3 medicines with trelegy. the only fda-approved 3-in-1 copd treatment . .. ...for 24 hours of better breathing. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increas

. >>> fedex taking the trump administration to court over the blacklisting of huawei and elon musk calling it the most difficult launch ever as the falcon heavy rocket blasted into space earlier this morning. of course we have the video. it's tuesday, june 25th as "worldwide exchange" begins right now. ♪ ♪ >> good morning, good afternoon, good evening and welcome from wherever in the world you may be watching i'm brian sullivan well, we are about 0.8% away on the dow from a new intraday high futures indicating it may be tough to get there yesterday the markets were up, just a couple fractions of a point here perhaps we're on g20 watch whatever it is, futures are flat right now. it's 224 points on the dow from a record the s&p 500, every time it makes a new high, that is a new high money has come into stocks money has also come into bonds the ten-year yield is staying low again. look at that 2.01%. later on in the show we have the chief economist for the national association of realtors, we'll talk to him about what that might mean for the mortgage market or if you're looking to refinance.

meantime, shares of tesla lower today despite positive comments from elon musk last night.ere are some of the highlights. >> we're actually doing well, and we have a decent shot at a record quarter on every level. i think we can be cash flow positive despite having a very high growth rate with steady improvements that are likely to occur over the next few years, it won't be long before we have a 400-mile-range car. >> let's bring in dan ives, a neutral rating on tesla. and joe osha has an outperform on the stock dan, i'll start with you the shares opened positive on the day, down quite a lot right now. what was your takeaway >> musk is talking a great talk. it comes down to walking the walking. naturally the issue in terms of number -- and the street really, you know, for two q numbers, especially second half, that's an everest-like battle for them to hit there's a lot of wood to chop ahead. even though last night was optimistic, the street continues to be negative on them hitting that year-end number >> joe, when he says there's no demand problem with the models, should in

readmuch into them they're mixed messages constantly >> i'm fascinated by how fascinated we are by elond we follow every zig and zag. every e-mail every tweet. everything did you ever see the movie "tucker" remember that. >> yeah. >> 1998. i'll fill you in here. this was a project of francis ford coppola and it was a true story about a guy named preston tucker after world war ii who decided to take on the auto industry and develop the perfect car. and it's called, the movie is called "tucker the man and his dream. >> a bad sign i never heard of the car. >> i won't give the ending away. you don't see tuckers on the road they're in museums right now i read the other day of the 51 that were ever made, francis ford coppola owns two and george lucas owns two >> at least they crossed the -- >> it's happening again with elon musk right now. >> he has gone further than anyone else. you have to give him credit for that he has delivered for the most part on his promises in terms of developing this company. the question now for investors becomes, can they hit certain benchmarks and that is why nex

does elon musk say anything about deliveries in the second quarter?the cadence of deliveries and there is a big surge in the fourth quarter we know that the first quarter was slow relative to expectations and what do we hear about the expectations and that meeting starts in a half an hour and we'll see if elon musk sees about q2 deliveries. thank you very much for that and looking ahead to lululemon and sara's got a preview of that >> the always the question with lululemon is can it live up to very high expectations and this is a stock that's gone up 40% so far this year, way more than the market and here are three things to watch, same-store sales nobody in retail is posting 20% same-store sales growth and this time the expectation is moderated a bit and it's up 11.5 same-store sales and it's been a huge growth driver for the company and ceo calvin mcdonald has planned to double the business in the next five years and the other biggie is international. the plan there is to quadruple international sales over five years, guys. there are a lot of great

tesla ceo elon musk says his company could be looking at its best quarter ever.tesla's annual meeting yesterday. >> sales have far exceeded production, and production's been pretty good so, we're actually doing well, and we have a decent shot at a record quarter on every level. if not, it's going to be very close, but we've got a shot at a record quarter >> musk also told investors that it won't be long before tesla produces a car with a range of 400 miles to a battery charge. the shares this morning are up by about 3.7%. activist investor big ackman i opposed to the merger between united technologies and raytheon the "wall street journal" quotes an email sent by ackman in which he tells ceo greg hayes that the deal makes no strategic sense. ackman's pershing square has a 0.7% stake in united technologies the "new york post" also reports that dan loeb is also opposing this deal. raytheon's shares up by about 38 cents. utx up by 6 cents this morning. >>> and then there's toy-maker mattel, which has rejected a second takeover offer from mga entertainment, maker of

elon musk's latest tweet that hasn't come through yet, and the bitcoin boom is back it's gotta let newata integrate with data from our existing systems. ♪ ♪ be able to pull from reservation platforms built 20 years ago. and also be able to use apps to book super-personalized trips on shiny new phones from the future. plus, i need freedom to move my workloads wherever, whenever - but manage it all from right here. and that's the cloud i want. simple, right? expect more from your cloud. ibm cloud. >>> here's a taste of the stories we're watching today plan planes aren't the only thing taking off at airports today luxury brands find fliers are willing to splurge duty free and other travel retail stores rose around 9% in 2018 estee lauder generated more from airports globally than u.s. department stores for the first time last year you really notice this as newark all the time there's lots of nice outlets. >> extremely high end. malls, the traffic, is dying out and so where is traffic strong >> go where the people are. >> airport mall. you got the time and not paying taxes traveling intern

. >>> when we come back, elon musk deleting his twitter account we'll explain the latest behind elonawk alley is back in three minutes. dow is up 48 me tremendously. the flexible class schedules allowed me to go to work full time, run my catering business and be a mom and parent. when i reached this accomplishment, it was like, it's here, it's happening, it's now. we at southern new hampshire university are the ones who succeed. we are the ones who break through. >>> tesla did not respond to a request for comment but all 7,000 tweets are still there >> he did not delete his twitter account. he changed his profile image to like a black just two and a half months after the release of rip harambe >> is that what musk is, just another tweeter meme with a hashtag. >> i think he's having fun shoost havi >> he's having a good time >> we'll see if that changes and whether or not the board is okay with this fun version of elon musk on twitter. we'll do a bit of marking time ahead of the fed decision on wednesday. really pretty tight range here maybe 50 points or so on the dow. 2892 on the s&p

we are still up about 2% but investors later this afternoon are expected to quit ceo elon musk aboutemand for that car, the model free sedan but also about the company's cash burn rate. it's been quite dramatic. all right, dow jones industrial down 46 points, breaking his president trump expected to arrive in iowa pretty much in this hour and left a little late from washington dc but once he arrives he will tour a renewable energy facility in council bluffs and highlight his a ministrations approval of year-round access to gasoline that has higher blend of ethanol. the trade tensions with china suddenly ramping up. this is just before the president departed he tossed out a new promise that if president xi does not show up, does not attend the g20 many meeting in osaka, japan the trauma demonstration has the option to stop 25% tariffs on another 300 billion dollars of chinese material. to edward lawrence live at the white house on this new gauntlet that donald trump is thrown down. reporter: seems like something every day. the president is expected to speak after the tour he gets in t

i'm tempted to say when elon musk talks about financial insanity, you listen to it.shareholder meeting was extrude mary. that's was extraordinary. it was just -- meeting was extraordinary. it was just one thing after another. we may hit new records in the quarter across the board. then he says he might get in the mining business. alix: to secure his own supply of lithium. in the india thing, no one asked him. it was out of the blue. been the not friendliest country to u.s. companies. david: and in india, they are saying where did this come from? and then he's got a new pickup truck coming out in the summer, and he said it would be something like a sci-fi movie. the coolest car he had ever seen. alix: something i did find interesting was it won't be long until they have a 400 mile range car. it is things like that, as well as the whole mining thing, securing your supply, pairing those together, that actually does make a difference when it comes to adoption of ev's. if you get that going, your payback is better. david: he also did not back off of china at all. he did n

musk's tweets because elon was saying, hey, we could have a record.'m sure you're following that one. when he said we might have record production coming up if somebody buys that and they wanted to get some stock. they are just setting a floor under it >> smart move. >> the biggest issue if you were a tesla bull right now is whether or not you truly believe they are going to come up with these numbers next week. and everyone that i've talked with, even the most optimistic, they all say, i'm not 100% certain. i want to believe in elon but i'm not 100% certain >> less than a minute. quick questions from both of you. go ahead >> so international, every time we hear the airline ceos talk on the conference calls, they talk about the strength in international. that is just fascinating given what we're seeing in the global economy. is that still present? >> with the exception of china where you heard some of the comments that were made, want to say about two or three weeks ago, ed bastion at delta last time he was on our air at a conference in california, he

elon musk, why tim cook would not build plant isplants?he president has his view of why is everything not made here? >> i think that's a tough call these are cars >> it does not happen over night. >> so hard to move you see here it says vietnam >> i think it is great >> now we got to dredge it come on. >> the user base as well of smartphones tend to be wild. >> i agree with that there is no boiling for huawei i stand from tim cook that this is i cridiculous he's trying to do the right thing which is make a product there is demand. everybody does it. why should we not be allowed to do it. >> taking back to the market data that we got cpi was a friendly number, lower, month on month and year on year than expected and trend shows and it puts the fed in a tricky position next week. why is the president criticizing? why not trash powell today >> he should take out the trash. >> it is always hard to find the impact of tariffs. you can look at a big spike in furniture or household items i don't know if that's a tariff factor or not. overall, it w

elon musk says it could be a record quarter. and that it is financially insane to buy anything but an electric car. hong kong is bracing for more mass protest as the extradition bill goes before them. breaking news out of south korea. we have the unemployment rate coming in at 4% for the month of may. slightly lower than was anticipated. 4.1%. it is also lower than in the previous month, when we saw 4.1% , the jobless rate. we have seen, when it comes in south korea, really strong growth when it comes public sector, jobs. the government trying to support the economy and working towards job creation. in the private sector, we are seeing some of that weakness. we are expecting budget coming from south korea to help job creation in the future. for now, the unemployment rate at or percent the month of may. markets in asia are shifting up and go to sophie in hong kong. some midweek caution may emerge after the best three-day gain for asian talks since january. kiwi shares giving back some of tuesday's game. -- game. -- gain. do bok i

elon musk addressed the issue of demand head on, assuring shareholders there was no demand problem, thatnd that this whole idea that demand has slowed or softened is not true. he says if you are looking toward the future, it would be financially insane to buy anything but an electric vehicle. technology, the vp sounded very optimistic about progress on the china gige factory. ♪ broadcom tumbling in after-hours trading after the chipmaker cut its for your revenue outlook. it also reported technical revenue that missed projections as it continues to be caught in the crosshairs of the escalating u.s.-china trade war. almost half of their revenue was linked to china last year, with wildly in particular accounting for 5.3% of sales. how much does this have to do with huawei and china at large? >> this company is in the crosshairs, arguably the best example of a company based in the u.s. that is part of this global supply chain, even stuff that isn't going into the china market and staying there and is going to europe, is them saying the worst case scenario is absolutely true, and by the way w

emissions cheating scandallj ee, the emissions cheating scandallj agree, but he's a clever fellow, elon doing, flying to the moon, i think this is a smokescreen. call me an old cynic, you are probably right, but his share price has halved in the last two years. she has a down from $383 two years. she has a down from $383 two years. she has a down from $383 two years ago 23june two $193 yesterday. a4 $.9 billion trading loss posted four days ago and he has to show his shareholders that he understands the frustration they have, expensive cars not coming off the conveyor belt quickly enough. the end product is great but that isn't going to pay the shareholders' dividend and that isn't going to pay for profitability. he has to create an atmosphere. one to help raise cash. exactly. let's move onto the telegraph which is interesting, actually. we've had a week of the sorts of stories. yesterday we looked at waitrose, the uk supermarket encouraging people to bring on their own plastic containers. this story is saying or a world first, francis to pass legislation banning supermarkets and produc

. >>> the popular youtuber who got tired of elon musk to release tesla's first pickup., the pretzelrami is back, with our famous pastrami and a bigger soft pretzel roll. and try the new turkey bistro with warm turkey and smokehouse bacon. or the new hot club chicken dijon with dijon mayo and black forest ham. how far would you go for a togo? >>> 2010, about 15 first of preschoolers who ate federally funded food were obese. they think the program got the message and they're serving healthier food. >>> for years, elon musk has claimed that a tesla pickup truck is in the works and will be better than any truck on the market. one person wants one so badly she made one herself because she's tire of waiting. simone gears, the popular youtuber transformed a model three tesla into a pickup. she posted this video to her youtube channel. she cut out the back of the car and welded a pickup bed onto the chassis. she calls it truckla and say it's either the smartest other dumbest thing she'll ever do. >>> right now the price of an adult single ride on muni ride will go up. if you pa

and the sky isn't the limit for elon musk.owing backlash against his plans to launch 12,000 spacex satellites. the international astronomical union says that too many satellites in the night sky could end up hindering rather than helping space discoveries. spacex launched its first 60 satellites last month. lab grown patches could help your heart keep beating after a heart attack. so say scientists at imperial college, london. these thumb—sized strips grown out of human stem cells are programmed to turn into working heart muscle. they have now been deemed safe for human trials. and finally, it seems air travel could getting a bold new book. this concept plane has cabins in its wings, and is designed to use 20% less fuel. thanks to a cash boost from klm, a small model may be flying this 0ctober. now, formula e is notjust a competition between electric powerhouses. it is also a testbed so the teams can further develop the tech in these racers. the idea is that this tech then filters down into everyday electric road cars, in the

what could it mean for elon musk if it is successful?always thought -- font to handle launches for the u.s. military. the u.s. military has a lot of satellites, it is a big customer. the national security issues are a big part of the launch market and historically, united launch alliance which is a joint venture between boeing and blockade has had a lock on those launches. spacex is competing for the launches and if this goes well, the air force will be happy and this could bode well for spacex for years to come. they will take for more launches going forward. it is important for the u.s. air force. spacex is designed for reuse. manus: let's see where this goes and the value of spacex is increasing more and more. thank you. to jerusalem now, we have the u.s. national security advisor john bolton holding a press conference. he has had talks with his israeli and russian counterparts. benjamin netanyahu currently speaking. let's take a listen. disturbing curbing iranian regional clout. >> with both leaders and both countries. as i have said

elon musk has assured investors that there is still demand for its his company's cars despite a reduction in tax credits available to us customers and they will shareholders meeting he said sales was still brisk despite the higher price tag he also said tesla will settle on a location for a european factory by the end of the announcement went over well with investors they rejected new rules that would have limited must spark. great britain is said to become the 1st major economy to set legally binding emission targets as part of its effort to become carbon neutral by 2058 in the government statement on tuesday evening prime minister to resign may set achieving the goal was crucial for. the protection of the plots. will be put before parliament on wednesday at the new targets london is hoping to inspire other countries she follows. well that's it from me on the business team here and the. news and background on the website of. dot com slash business thank you very much for tuning in to do. as long as. you know the banks. and to watch the language of the bank money. speaking the truth. that

please welcome to the stage special envoy from monitoring and combating imitators anti- semitism elon car. >> thank you so much. what an amazing room. i am so pleased and so honored to be with you today. really, my most important message to you is a message of thank you. i owe you a debt of gratitude personally and united states government owes you a debt of gratitude. because in my work, monitoring and fighting this ancient, relentless sickness that is anti-semitism, avenue no more important address, there are many fine jewish organizations out there but there is one organization that is synonymous with the fight against and i semitism and with the fight against ethnic and religious hatred and that is atl. adl. thank you to jonathan greenblatt, what amazing leaders you have. ken jacobson who has been with the adl forever and got an award last night, can you are amazing. we are so grateful to you. special shout out to my cliff schechter of your national leadership team. and you know, when i tell you adl is the go to address, that is not just a line, want to give you an example. a rece

. >>> elon musk making big promises to shareholders. he says it will not be long before the company is producing a car with the 400 mile range. he brought along prototypes of the new roadster to show off outside of the museum meeting. he predicted that one's regulatory approval is given all tesla drivers will be able to upgrade to full autonomy software. >>> police cars collide in a nasty chain reaction crash. it killed a retired teacher in chicago. >>> aaron rodgers giving back to his alma mater. >>> coming up at 6 pm. commute chaos on board. why cannot the transit agency handle little heat? >>> i am ken bastida at the news desk with information on power outages. 4000 customers without power. pg&e is experiencing generator problems in calistoga. a bigger number of customers without power in berkeley. over 6000 without power. fairfield 2000 customers in the dark. and livermore 2000 customers without power as well. and dave issued a flex alert going till 10 pm tonight. any unnecessary lighting should be turned off. anything that you can

elon musk tweeted, black paint, which has been a standard option will cost a extra $1,000. the white collar is offered at no extra charge. marcus and laura, back over to you. >> you probably want that racy red one, right? >> i was thinking how it impacts people, and so limousines are in black, so it doesn't affect you forecast. >> we start out with clouds across the bay area. we are going to see a cooler day and you better get outside and the weekend forecast coming up next. >>> i can't tell what color any of these cars are, but the headlights are moving smoothly through university city on the 101. we'll show you what else awaits for you out on the roadway. sz. >>> a very good morning to you. we're hoping for nice temperatures. check that forecast coming up. >> look at that. pg & e, they are taking drastic -- oh, okay, we will get to that in just a bit. we want to talk about the forecast. >> okay. >>> we are seeing clouds starting out this morning and we are going to see cooler temperatures today and it's going to be a nice one. this is what you are feeling right now as you

tesla and spacexceo elon musk fell. this year he did not make the top 100. >>> soon pizza delivery may come without a driver. dominos announcing this week it's partnering with autonomous car company nuro to try it. customers will be able to opt in and use the autonomous service. they use a pin code to unlock a compartment to get a pizza. nuro has been operating since march. >> it looks like a little kid car. you expect a little kid or a cat. >> "early start" continues right now. >>> the greatest witch hunt in political history. the only collusion was committed by the democrats. >> president trump officially starts his 2020 bid for re-election. a new campaign, but the same airing of grievances. >>> acting defense secretary patrick shanahan withdrawing from the confirmation process. the reason, new reporting about his troubled family life. >>> long-time trump aide hope hicks headed to the hill today. democrats head to presser about her time with the president on the trail and in office but will the white house let her tal

the line, elon musk is still active on the twitter. he got him into hot water in the past. when he tweeted that he was considering taking tesla private and had secured funding. he was accused of misleading investors. he struck a settlement requiring his tweets to be approved. >>> amazon is looking to roll out alcohol delivery in san francisco. the online retailer is seeking to sell beer, wine, and hard liquor. they plan on delivering alcohol from their prime warehouse in just a matter of months. >>> a california tree that inspired a classic dr. seuss story is no longer. this monterey cyprus was between 80-100 years old. it is believed to be the basis of the tree from the lorax. it was located in la jolla near the home of dr. seuss. authorities do not know what caused it to come down. but city officials said that they will look at planting a replacement tree. >>> hosts of the late late show is going on the road. back to his home town. >> were headed back to london. it's like our show on the steroids. we hope that people will enjoy it. >> it's his third time taking the show t

sleepy, sleepy elon. >> you miss elon musk, don't you?iss him tweeting. >> he made it exciting elon made it exciting. when a guy calls you a simulation, you tend not to like him. >> although global auto sales are starting to do what we saw with retail sales, meaning undo some of the damage i think that three month annual rate through may 5-7, something like that. >> i think that, remember, we have car max doing best and that's used cars and i think that is going to stay the same. >> china is the largest market for new cars in the world. >> the president is going to one day turn on -- is the president going to just -- is he going to turn on korea one day. they have been taking advantage of everything. korea has done quite well. >> south korea >> quite well under president trump. samsung is the big beneficiary of everything we did. >> of huawei too >> samsung huge. samsung is taking everything you have from huawei for 5g. if you're making product, samsung is saying, i'll take that product we have to leapfrog ahead and, remember, unlike eric

. >>> happy birthday to tesla ceo elon musk who turns 48.t doesn't appear he's planning a big bash. instead musk says he wants to spend his birthday trying to fix one of tesla's biggest weaknesses. this started a conversation on twitter when someone asked him about his birthday plan in which he responded, working on tesla global logistics. he described spending hirs birthday last year with, quote, unquote, no friends. so lonely. >>> no secret ayesha curry is an amazing cook and now the best-selling author and chef is revealing her favorite restaurant in san francisco. she said she and her husband like to eat at michael mina's restaurant on california street. according to the chronicle ash ya made the revelation on the girl boss radio show. when asked to pick her favorite restaurant that wasn't her own, international smoke, she said it was michael mina's flagship restaurant. she said the favorite thing to have is the tuna tower. >>> a new fun video shows you're never too old to slip 'n slide. >> whoo! >> wow, millie. that was fast. >> it's wo