so now talking to mars elon musk famously said i want to die on mars but not while landing their. [laughter] very understandable. it is his vision to go to mars. he has been very innovative with the rockets before it was public the grasshopper it actually does a soft land to put up that satellite bring it down and reuse it again. that was something he pioneered. and is looking at building big rockets. but to do something very comparable to the saturn five to go to mars so by the way not just the private sector but consider some years back , a rocket has the colons on the bottom with the ignition and at one point he had a rocket to test and they said sir there is a little crack about 6 inches right at the bottom. what do you want to do? they said they cannot launch it now we have to have a major study to see the implications, run it through every agency they could take months of delay. cost a lot of money or they said what if we just cut it off? without effect getting the rocket up there quick so they did some number crunching and said probably not. it was his money he said do that

and i don't think anybody smart is suggesting that elon should leave tesla.hat would be bad. he is extraordinarily gifted at doing things that most people think are impossible he's an incredible visionary he should definitely stay involved it's just, the question of whether he should be spending most of his time figuring out how to make cars profitably. and the companies at this scale, they really need that. somebody who's great at it to do it full-time >> let's move on to wework >> there we go >> because we have seen a slew of negative headlines out this week on the coming ipo, including from our friend scott galloway, a business insider who writes, quote, any analyst who believes wework is over $10 billion is lying, stupid, or both >> scott, never one to pull punches. but i was surprised in that quote that he said, you know, it's worth $10 billion ten years ago if you'd said a little real estate start-up would be worth $10 billion and go public, you would say, what a tremendous success and he's not saying it's worthless. i thought there were some positive t

and of course you have elon musk and jeff bezos with blue origin and elon musk with spacex.uilding rockets. more of the celebrity type, jeff bezos is kind of working away. he's got three rocket designs. the first one is armstrong which is a suborbital. second one is the glenn to put people in orbit and the third is the armstrong which can carry interplanetary to them one or elsewhere. this is very exciting. how many of you know robert bigelow? yeah, he is right up here in las vegas. he invited a group of 15-20 of space geeks. he made $1 billion i guess in his hotels. is that i want to spend half of that putting a private space stations. so we had to three days talking about how to do that. of course what he came up with, are these inflatable modules. which he hopes to use as orbiting hotels, laboratories and moon bases. what's interesting is he sets up in orbit, there is now test module on the international space station. we wanted to talk about mars so let me get back to mars. elon musk famously said i want to die on mars but not on landing there. and very understandable. i

elon musk will be there. alibaba and tencent will be there also.ll be investing in companies who have also drawn scrutiny -- scrutiny from those in the u.s.. will be watching to see what elon musk says. -- bunche for a reason of other reasons as well. tesla gets a lot of revenues of from china. beterms of what china will unveiling over the next few days in terms of advances and a sector in which it wants to dominate, that will be very much in focus. >> thank you so much for that. up, we look at the state of the trade war with csi s senior fellow. she is a former codirector of the office at the u.s. treasury department. this is bloomberg. ♪ >> i'm paul allen in sydney. 'm shery ahn in new york. you're watching daybreak australia. or is no end in sight for the u.s. china trade war. let's get insights from our guest. she has served at the u.s. department of the treasury. we just heard from secretary mnuchin that at least the u.s. at the moment is not going to intervene in a currency market. that is after labeling china a currency manipulator. is this

that bailey gifford, the second largest investor in tesla had some questions in the article about elonusk, questioning whether or not he's going to remain the ceo folk, he's not going anywhere. there's no indication he plans to step down as ceo or would be replaced as ceo. tesla versus volkswagen over the last ten years i want to show you this. this is the appeal of tesla. people look at volkswagen, which has had billions in profits. what's that stock done over the past ten years compare that with tesla. for anybody who wants to complain about elon musking, he has boosted the returns of tesla over the last ten years. so that's the appeal at the end of the day when it comes to tesla. >> about the bailey gifford report, i thought that was interest iing and i understand e numbers may not enb abable bailo do anything about it but at the same time, you've got to wonder if this is one of the proponents of elon musk from the beginning, if they increased their stake in tesla, i think back in february, and so you wonder if other major shareholders might be thinking maybe elon musk doesn't need

walmart taking on tesla in a courtroom fight that could change elon musk's plans to dominate the solar power landscape. >>> plus, trade talks not with china but japan are happening right now. how are they going? we are giving you an up to the second update. america's deficit not just growing but exploding. and as the 30-year fixed mortgage rate plummets, charlie breaks it on the final touches being put on the government's plans to reform fannie mae and freddie mac. less than an hour to the closing bell. let's start "the claman countdown." liz: breaking news. this is a big one. in just a few moments, president trump will sign a memorandum directing the department of education to eliminate all federal student loan debt owed by disabled american veterans. he is apparently going to sign that after the speech he's giving right now at the american veterans' 75th national convention in louisville, kentucky. no word yet on the rest of you but at the moment, people who definitely need it may very well get all of that debt forgiven. >>> to the markets. for once it's not a headline out of d.c. bu

jack ma and elon musk talking to each other, it started off with, somebody was remarking, elon musk pontificating on the difference between humans and chimps, saying ai will be smarter than humans. we have broad rhetorical questions. jack ma is talking, the boss of alibaba. that is the ai conferencing shanghai. -- conference in shanghai. you can go to the bloomberg. ♪ from the couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy a new samsung note. click, call or visit a store today. >> we have to factor in how the headwinds are going to affect to achieve full employment and price stability. i am seeing all those factors and how they will weigh on the u.s. economy, and considering my decision is how to offset any of those to attain susta

you were talking about the sorting hate maybe we can't put the hat on elon maybe that would help. >> the only reason this company has the market cap it has and the ability to raise money is because of the public's infatuation with elon. he is a positive on that side of the ledgers. you've got to take what comes with the territory, don't you? >> well, it depends. it's a different needle to thread it's not true, if you look at other successful companies, a founder visionnary gets to be the captain of his own ship. i'm saying the board does neat to get better and do what other boards have done >> is this a serious board in real life, or his cousins and friends? >> i won't comment on that, but i will say this is less about me criticizing elon he's a visionary he is what he is i will say it's time for this board to get their heads up, look around add other successful companies, and learn from that saying elon is special, so we can't do anything. are you still at 337 for the price target and telling people to buy and it's governance? >> yeah, this is where it gets sticky, right? i'm obviou

elon musk will be also unveiling tunnel transport company as well.expect to get more details on that. he is likely to visit the giga shanghai thate of will be producing model threes by the end of 2019. tesla is pumping billions of dollars into the facility. it is the first car company to have a fully owned majority car company in china. he is expected to meet with local officials. he is really doubling down on the chinese market where tesla gets current revenues at about 11%, but recently hit by a retaliatory tariff. on all cars40% manufactured in the u.s. and shipped to the chinese market. but there is a lot of demand for tesla in china so he is doubling down. tom mackenzie in beijing, thanks for joining us. let's get a quick check of the latest business flash headlines. billion investment in crown by the australian regulator. a planned purchase for 20% stake in crown is on hold and will now wait 60 business days after the completion of the regulatory process. crown'sy is a blow to biggest shareholder that has been trying to exit the company after a

elon thinks that it could be a place for human life with some radical intervention. >> eventually youransform mars. >> how would you do that? give me the fast way? >> the fast way is dropping a nuclear bomb. [ laughter ] >> you are a super villain. that is what the super villain does. [ laughter ] >> elon musk says that he believes nuking the polar ice caps on mars would free them of co2 which would fast-track them to warming. his company spacex is developing a rocket that he hopes will take humans to mars and someday and colonize mars. it is unclear whether he is serious. in any case, he also tweeted in two words that he is printing nuke mars t-shirts for anybody who wants to get on boards. that is probably what is really going on here. >> he doesn't make enough money already. wasn't there an arnold schwarzenegger movie about this? >> back here on earth it is starting to cool down. >>> we are trying not to have global warming here. temperatures around here are in the triple digits. we had 101 in livermore. vallejo, 98. santa rosa, 95. set as a, 95. oakland, 70 degrees. san francisco,

a private individual, elon musk. paid for a moon rocket and gave it to the american people for free. this is not heard of. five years ago if you were to say that a private individual would create his own personal moon rocket and give it to the people of the world, people would think you were nuts. but it actually happened. we are in a new ballgame now. a new ballgame where prices have been dropping genetically, the movie the martian cost 100 million. to go to mars only cost $70 million. hollywood movies about mars cost more than going to mars. that is how cheap space travel has become. china is going to plant of their flag on the moon. it is a national goal for the chinese people. things have changed. prices have dropped. private entrepreneurs are funding a lot of this stuff. china, india, everyone is jumping into the game. we will have a traffic jam around the moon. brian: what would you tell an eight-year-old today watching you right now? what should they do to prepare to become a theoretical physicist or scientist

tesla's elon musk might have a plan for you. how much it could cost a month to make the switch. >> why haven't we seen more of this? antonio brown practicing in a raiders jersey. that's what the team's general manager wants to know. hear him call out the wide receiver later in sports. >> i'm drew tuma. we are wrapping up a weekend that featured relief from the heat but warmer wea tesla hopes to spark life into its solar panel business with a new approach. the company will now let consumers in six states rent roof top systems instead of buying them. ceo elon musk announced the change in a series of wes today. californians will pay $65 a month and can cancel anytime. however, there is a $1500 charge to remove the panels and restore the roof. tesla bought solar panels, solar city for $2.6 billion in 2016. but sales have recently dropped. >> in the east bay, l plastics doors to show off some strange and stunning creations. abc news was in hayward where bell plastics put its statues on display they've been making since 1979. a lorch

deirdre: elon musk talking about putting chips in our brains. my mind, anyway, speaking of the carbon based organism, a distopian vision which is quite different than jack ma. what does it mean for the workforce, for example? say the most optimistic path is taken? >> i don't believe this is reality we'll see in our lifetimes. if it is, surprise, surprise. no way we'll work 12 hours a week, and still earn what we're earning now, achieve what we need to achieve to enjoy life. this will never happen. in terms of elon musk wanting to pick your brain in sort of a.i. way, if anybody can do it, keep your eye on him. deirdre: true enough. when we hear, i'm bringing this in, andrew yang, right in this 1000-dollar payment, that does make you think about the displacement of the average worker. what do we do if a.i. takes over. i will exaggerate a third of the jobs out there right now? >> there is no doubt we should feel threatened by a.i. and not necessarily that it could hurt or take away our jobs. but more than corporations, lack of regulation is going t

that's what elon musk kind of lives in that world.ple think about that and talk about it and say the robots are coming to take over and they are, to some extent, but that have the most aggressive predictions out there about how many jobs are really at risk, those are the people that have actually had those conversations already about hey, listen, what else can we do but we have to give people a stipend or money. in the general population where people haven't really thought about it yet, it's like that's stupid, it will never work. in that community, that's why it kind of makes sense. i don't know if it martters but it makes sense why elon musk has his endorsement. neil: wasn't his premise and others who espouse this, it lessens the likelihood you will need indirect help from the government, if it goes directly to you, you use it as you wish, it lessens the load on uncle sam? >> exactly. that's the idea behind it. it really is, it becomes more relevant as we go into this age of automation and as a.i. becomes more part of your day-to-da

craig: i guess it was a charm offensive on the part of elon musk.hey havecase that this factory coming on the outskirts of the city. this has been long in the works and was something that was planned before this trade war really started to intensify. it is something that tesla really needed to because if you want to sell in china and be competitive, you must make there. this is a nice little sweetener to the idea that they are going to be able to make their cars more affordable in that market by building locally and it is already the case that electric vehicles are exempt from this purchase tax if you make that electrical vehicle in the market, and china is getting a jump on that by enabling tesla to get this break before they even start production, and a break for the model s and model x which they will not be making in china anytime soon. emily: this means that tesla could be up to $14,000 cheaper if you are buying in china thanks to the exemption. china has threatened to put a u.s.-made cars in retaliation, but thatw has not happened yet. would t

in a series of tweets today, the ceo elon musk says the company will allow people in six states to rent solar power systems. the cost will be as low as 50 bucks a month. near california it won't be quite that low, it will be $65 a month. musk says consumers can cancel any time though it will cost you 1,500 bucks to remove the panel the and restore your roof. rentals will be aur offers in arizona, connecticut, new jersey, and new mexico. >>> across the bay area lot of animals have new homes tonight because of you. thank you so much. our clear the shelters event proved to be another massive success. you may have seen jessica aguirre, jeff ranieri, laura garcia, marcus washington and many other friendly faces from nbcay sister station telemundo 48. they were at the shelters. shelters across the bay area yesterday. so far this weekend, more than a thousand pets have been adopted. for more information on participating shelters, go to nbcbayarea.com. our website also has complete coverage on saturday's big event. >>> from clear the shelters to give me shelter. bit of a stretch. the rolling st

salvini thought that this no-confidence vote would not be successful and we would go to immediateec elons, and the prime minister thwarted his efforts today. sophie: what do you think this means for the political lascape in italy itself? heather: it brings more uncertainty into a difficult period where we were not sure if this government could successf the eu is putting restraints on italy on its fial deficit. it has one of the highest debt ratios in the world. over 130% of italian gp is debt-ridden. matteo salvini wants to push that and wants to get the eu to reduce those tightened reins on debt and deficits so he can waing some relief to the budget. matteo salvini alss the eu to change its posture on migration. his popularity has really come from being an incredibly strong crackdown on migration coming into italy, and he is being rewarded by almost doubling his popularity in over a year. sophie: what do you think it means for the populist movement? the former prime minister matteo ows thatys this populism hasn't worked in italy. heather: in some ways the populism is represented by the f

. >>> nuke mourns, that is elon musk going full dr. strangelove on us the spacex ceo was to bomb the red planet and with a thin atmosphere and the temperatures mars is no place for human life but elon musk thinks it could be with radical intervention and he find his idea to steve colbert. >> eventually would transform mars like an earthlike planet. the fast way is drop nuclear weapons over the polls. >> you are a super villain. that is what a super villain does. >> elon musk believes that nuking the polar ice caps on mars would melt and free up co2 and he said that would fast track global warming on mars and turn the frigid service into the riviera and his company spacex is developing a rocket that he hopes will take humans to mars and to colonize space but it is unclear if he is serious about paving the way with bombs and in any case he also tweeted in two words he is printing nuke mars t-shirts for anyone who wants to get on board. >>> new video here of surveillance footage of a robbery at a jewelry store in santa monica and the owne

. >> elon musk taking another shot at the solar panel offering people to rent a solar roof for $50 a rather than buying these things the solar roof would save consumers $500 a year and with newpricing it's like having a money printer. >> you know what they don't get, the 30% tax write-off. >> solar city would get the write-off. >> if you're in an area where you can then sell the power that you're generating. >> on to the smart yet -- i thought was in -- it costs $1,500 that you have to pay to rip everything off and put it the back. >> this is a hail mary by elon musk they have to do something. this division has been moribund for years after they put it back into the tesla family. got to do something to grow this thing. >> i kind of appreciate elon musk's salesman hat that he wore usually the macro visionary with some sort of comment about space, but sheer a man who is trying to human annize the consumers and it seeds to be a business model that can be comfortable. that's all up next, the latest casualty in the war on sugar is juice boxes which says 60% of parents are trying to reduce

while on stage with elon musk in shanghai, he predicted that artificial intelligence should enable people to work for just four hours a day three days a week 12-hour workweek sounds great but this is the same guy who endorses the 12-hour work day six days a week for the time being. >> this was crazy. he's talked about that 9, 9, 6 9:00 to 9:00, six days a week and he endorsed that and artificial intelligence, i don't know, may make our lives more efficient but will it really allow us to cut back and work less? isn't it to allow us to be more productive and to do more? >> i hope he's right >> wouldn't that be great? >> let's see if he is right. the context here is also that china has been doubling down on its investment in artificial intelligence it's really had that first advantage where the u.s. is behind when it comes to innovation in ai >> china is going to run out of workers and the u.s. is not. >> they need the robots to step up >> this idea that technology would allow us all this leisure time there was a book that said by 2030 we'll only work 15 hours a week because we'll have so mu

. >> elon musk tweeted out support for you. >> yes. elon is part of the yang gang.ted about it. >> it was a three-word tweet? >> it was, i support yang. that's all. his team is in touch with my team. we'll put our heads together. elon is ahead of the curve in terms of the future and what's coming. >> really and clearly. >> so we couldn't be more thrilled with his endorsement. >> vice presidential candidate perhaps? >> i don't think he wants that job, anderson. i think he'll be like spacex, tesla, vp, i have a feeling vp might lose in that horse race. >> andrew yang, great talking to you. >> thank you. >>> there is breaking news in the jeffrey epstein suicide investigation. he was in a jail known to be the best of its kind so how was he able to die by suicide. that's coming up. the reporter who broke the story of his secret plea deal. and fear his victims will never get justice. you wouldn't accept an incomplete job from anyone else. why accept it from your allergy pills? flonase sensimist. nothing stronger. nothing gentler. nothing lasts longer. flonase sensimist. 2

. >> elon musk tweeted out support for you. >> yes.on is part of the yang gang. >> it was a three-word tweet? >> it was, i support yang. that's all. his team is in touch with my team. elon is ahead of the curve in terms of the future and what's coming. >> really and clearly. >> so we couldn't be more thrilled with his endorsement. >> vice presidential candidate perhaps? >> i don't think he wants that job, anderson. i think he'll be like spacex, tesla, vp, i have a feeling vp might lose in that horse race. >> andrew yang, great talking to you. >> thank you. >>> there is breaking news in the jeffrey epstein suicide investigation. he was in a jail known to be the best of its kind so how was he able to die by suicide. that's coming up. let's be honest, you need insurance. but it's not really something you want to buy. it's not sexy... oh delicious. or delicious... or fun. ♪ but since you need both car and home insurance, why not bundle them with esurance and save up to 10%. which you can spend on things you really want to buy, like ah well

you know, elon musk who runs tesla?ell, elon musk has a brother named kimbal -- kimbal musk, which also happens to be the name of a new cologne i'm marketing. and kimbal paid a visit to the fox business channel this morning where he gave the host of the show a lot less than i guess he bargained for. hi. thank you for having me here. i'm so excited about plant a seed day in 2019. hold on, hold on, hold on. i know you want to get to plant a seed day. i understand entirely, kimbal. however -- i'm really excited about it. it's gonna be amazing. i know you are. look, you are on the board at tesla... it's going to be -- ...and you've got a new chair, okay? have you heard anything from her? is she laying down the law? i am so happy for the future of tesla. on march 20, 2019, we're going to do a plant a seed day. we're gonna get a thousand families. oh, come on. come on. i don't need to know you're very happy about the future of tesla. i want to know what your new chair is doing at tesla on the board. what i'd like to share is

i don't know if that had something to do with this announcement on sunday from elon musk that they'reow going to let you rent rooftop solar systems without a contract instead of kind of having to deal with the current structure of buying them what is the market like for solar panels right now >> the market for solar panels is okay. it's just that there are a lot of players and it's not a particularly good market for the companies that are doing the installation so it was never a very lucrative market for solar city. they were losing tons of money, and they were billions of dollars in debt. tesla acquired that business, and they said they would be investing in it, but if you look at the number of installations, the amount of installations they've been doing, they have just been in decline over the years. there are other companies that are doing more of it it is still not a very profitable business for everyone the latest announcement by tesla to do rentals, you know, it perhaps puts them on the map in this market in a different way it >> gives them another way to compete. but you don't

there, elon musk is also talking about the country's ai ambitions. let's listen.ve launched literacy program, which is very yesterday at the exhibition. today we are talking about connectivity and the infinite possibilities. looking back on the ai in the past year, we have a lot of highlights, a lot of new development in terms of ai research applications. ai lab covering fundamental research to application. we have also a frontier robots,ion lab covering quantum computing and iot networks. we will build an engine of technology for the future, ai application research. i want to share some opinions. ai is general use of generalized to specific purposes, so it is making this progress. this is the inevitable trend in the next stage, a very important is human intelligence plus artificial intelligence and we are moving toward autonomous ai. human interference is becoming less. machines have a greater ability to learn from the environment. starting in 2015, our ai lab has as oneed our goal, which a lot of international champions. also, together with our game team, our ai

efforts to become an innovative industrial center jack ma believes it poses no threat to humanity elon musk things that's evolving faster than we can understand. people like us street smart we never scared of that we we think it's a great fun and we will and change ourselves to embrace it i don't know man that's like famous last words. the 2 men steered clear of us china trade tensions and focused instead on topics ranging from mars to the notion of human intelligence you know things are going way more smarter than the past way smarter so that's going to continue we're not the last step in evolution so the most important things like i said the most important mistake i see smart people making is a searing that there is more china's richest man in the tests did agree on demographics though they think aging trends and low birth rates will actually lead to a decline in the global population. they twitter account of company c.e.o. jack dorsey has been hacked tweets sent from his own account included racial slurs profanity and their reference to a bomb at twitter's headquarters the company s

elon musk not one of the much as i mean yes. we got it up and begin the gullibility i. think. that the us. rebuilt a phantom which is populous perfume out what it is familiar with and i get the feeling. you're one point i want to make you sick so much. but in the administration isn't. it the best honestly and i can go silent but i think it's a nice. human that you. know you're not podevin this side because of all the local. loud. meetings and the like i'm here i only see on this to the weekend when the c.s.l. does cause us less hassle. to catch up to me just giving up on monday for some reason i'm a bit of what the american people and take whether benefitted from my mccollum i don't think that amish people in most of the hemisphere going around is proof from him that i. hate about his habit of people looking at it from interference your particular. stance as you seem to pull us out looking. down at us i'm mostly get unopposed have allowed. nothing while the ceiling a book and perkiness assessment for some part of the thing my own status in scotland is to secure tons of the wel

jack ma took a shot at elon musk's mars dream. >> i think it's easy to go to mars when you go on the the building. just one step, you go to mars, but you will never be able to come back. >> that's not how it works, sir. like you, butoes we need more heroes like us, working hard on the earth, improving things every day. that's what i want. emily: on the subject of artificial intelligence, jack ma bets humans will prevail over machines while elon musk fears doomsday is coming. facebook is already the biggest social network on the planet, but could it be the number one name in e-commerce? ace book marketplace has more than 800 million visitors per month, more than the number of amazon, andalibaba, ebay, and its secret weapon may be instagram. feature hasshopping surpassed $1 billion in its first year. couple that with a survey that says 10% or 20% of internet users are willing to shop directly on social media platforms. to discuss, kurt wagner, who covers facebook for us, is here. how has progress been thus far? kurt: we don't know. they rolled out this check out each are just a few mon

elon musk denied introducing epstein to zuckerberg, saying he's "obviously a creep."spokesman said they had only met in passing. and did not communicate again. but what are the implications, though, of even the hint of contact between these folks? >> by the way, the dinner you just referenced, that was only a couple of years ago. and that means that was well after epstein was declared a registered sex offender. what is atreally stake here. in new york as well, you have a massive private equity firm, apollo, whose cofounder had a deep standing relationship with jeff epstein, and their own investors now say this care is a -- carries a reputational risk. to say you are a venture capital founder and you had a relationship with epstein of any sort. your lp's might be asking why. why, especially if it lasted past 2009, after he was a registered sex offender. as early as last year, one instance in a story by sarah mcbride, the founder tried to talk to epstein about andntially donating funds, then did research on who he was and decided not to take the money, because of who he

there is a lot to like about tesla and terms of over the air updates, a cool brand elon musk has builte big criticism next move has leveled that the companies is that they don't have their their sales and service organization in that country in a position to be able to handle repairs in a smooth way. that was the big knock this company has leveled at tesla. so after those first 15 deliveries, next move was going to take delivery of another 85 model three cars, but that was called off, definitely signs of a lot of work to be done in some of these markets that we expect to be a key driver for tesla to be able to continue to expand. emily: meantime, craig, didn't tesla in this case try to deliver cars that had already been registered, therefore would not count toward new registrations? craig: there are concerns about whether that is an isolated incident. tesla downplays it as that they describe it as an issue of matching vin numbers of vehicle identification numbers on two vehicles. but certainly if you are next move and making a bulk order, you want to take advantage of tax credits to he

from a taxxemption on chinese sales as elon musk visited the country. let's bring in craig trudell.la get an exception from china given that we did see musk in china, and relations weren't the warmest? craig: it does seem to be a situation where the government is maybe throwing a bone to tesla. they are building a factory in shanghai that is very significant to them. it enables them to get around import duties, which obviously are in the headlines it feels like every other day here. those duties are going to be going up, but before those affect prices, the changes in currency swings are already causing issues where we just saw tesla announce a price increase in china, so this helps blunt the impact of the changes in currency swings, and potentially helps offset the impact of the trade war potentially flaring back up in december if trump and xi are not able to resolve their differences. vonnie: the renminbi has been trading above seven for a few days. right now it is at 7.1571 offshore. if it weren't for the currency impact, would tesla have gotten this exception? craig: i think that

billionaire elon musk's commercial space company called space x. has successfully tested an early prototype of the rocket it hopes will one day take astronauts to mars the star hopper took off for the launch pad in texas this was a low altitude tasked with a crafts lowly rising to 150 meters it's then propelled itself to a landing pad where it touched down for a couple of minutes it was powered by the company's new raptor engine which plays a key role of musts ambitions up to 7 this would be used to propel his mars bounce . face want to. stay in school in the jungle. for 1st climbing less of them in the door as grand moments arrives. join the regular training on her journey back to freedom. in our interactive documentary. generating returns home to monte w. dot com tanks.

. >>> you take a look at andrew yang now >> as in one of the candidates >> because of elon musk?kes elon musk. >> is that an actual endorsement or just i'm back on the idea of universal basic income >> just to bring everybody into the loop here -- >> there are no loops. >> there may not be. >> andrew yang tweeted out elon's saying he would back universal basic income >> we promised we talking about elizabeth warren >> we can talk about -- >> are you going to take a look at andrew yang now >> i'm going to take a look like we all do. >> well -- no. >>> coming up, trade war fallout. you? trade war fallout. we'll be right back. >>> futures falling as protesters shut down hong kong's airport again. the latest from asia's financial hub and what it means for the ongoing trade war is straight ahead. >>> investors seeking safe havens amid the global turmoil a look at what's moving markets and where you should be putting money to work? >>> a enwill around the clock talks help get a deal done we'll discuss that plus a sale of tumblr to word press for an undisclosed amount. as the second hou

elon musk will allow the people in six states to rent solar power systems.he cost, as low as 50 bucks a month. in california $65 a month. you can cancel any time you want, but it will cost you $1,500 to remove the panels and restore your roof. he said california rentals will be offered in arizona, connecticut, massachusetts, new jersey, and new mexico. starting tomorrow streets in the south bay will be undergoing a massive make over. the city will begin repaving and repairing 300 miles of streets. the work is expected to be finished by the end of the year. improvements are part of a nine-year project to repave every residential and neighborhood street in san jose. it's 2,400 miles in all. we'll host a kick off event tomorrow at noon. >>> change is on the way to sfo this evening. starting tuesday, passengers won't be able to buy plastic water bottles there anymore. won't find them in restaurants or caves or vending machines anymore. sfo is the first airport in the nation to ban single use water bottles. if you have a glass water bottle or an aluminum one like

>> the picture on my home screen is elon gayle, the producer of the bachelorette. >> there was a storyhe had a picture that he shouldn't have had and the teacher was looking at it, and he had to find something quickly. >> i said i wasn't going to change it until i met him. so i timely met him but i still haven't tried to change it. >> instagram? >> i was on instagram for an hour and a half. what i was doing for an hour and a half? >> the longest phone call he had in the past week? >> all my phone calls are under 10 seconds. >> the last person he called. >> my buddy casey, i was seeing where he was. >> ten seconds, bye. >> that's all it takes. >> the last text? >> i youtube flyer about summer camp. >> i expected more from a kid like him. >> last thing he googled. >> not this. >> net worth? >> i looked up josh peck's net worth. >> net worth. >>> it's a frantic rescue mission in the water. >> the longer this video goes on, the more people jump in to help. >> how by standers band together to save the day. >>> summer mom life in the '80s versus today. >> what do we want to do today? >> you

founder elon musk says the technology will be used in future starship rocket to take people to the moon or even mars, if goes according to plan. >>> out of marin county, brush fire spurred evacuation. spirit fire burned five acres. firefighters have resources on the ground, in the air, sky7 is willie mccovey is next. >>> thanks javier for this picture of the estuary at point reyes. share your >>> i'm ama daetz, coming up on abc7 news at 6:00, car burglary in middle of the day, thieves loot suv as cameras flash. >>> breathalyzer like no thald crack down on stoned drivers. plus -- >> sheoing to let me use it again, is she? back to bicycling for me. >> surprise for supervisor filling in for mayor breed, all coming up. >>> dozens of bay area sports greats hit the links in honor of arguably most popul francisco giant of all time. >> barry bonds at willie mccovey golf classic, supporting one of f man that he was.s, junio>> itd and in our hearts, still is. it's significant to be able to carry this name on. >> junior giants is free noncompetitive program serving 24,000 kids ages 5 to 18. great

ceo elon musk announcing on twitter that people will no longer have to buy the product they can rentent at $50 a month according to the company people can cancel any time but there will be a $1500 charge to remove this solar panel from the roof. the us in rental offer about will be available in california, arizona, connecticut, massachusetts, new jersey and new mexico. dog day out at threat or, a photo has gone viral of a group of service dogs attending a performance billy elliot in ontario, canada dogs there to make sure they could navigate a theater atmosphere and experience a lack performance named four with autism report say dogs were very well behaved. some even seem to enjoy the show look at that. >> i love that. happening now -- so sweet. thank you for that one, tracee. >> that was beautiful. all right coming up if work got down you're not ace loan we've got shocking figures just how stressed out american workers really are -- here's the hint you may want to grab tissues once again. >> my allergy -- no work story and your allergies. [laughter] and your wine. [laughter] announc

elon the stock has been a real dog ever since it was spun off by lily, a little less than a year ago. so what do these guys do and why is stock such a loser? basically a pharmaceutical company for animals. they are the number one maker and developer of vaccines and anti parasite drugs and have treatments for arthritis and ear inflections. t we don't like that. it still does get 35% of the sales from business companion animals. why is the stock such a disappointment only if you didn't listen to me when i warn you to stay the heck away from this one when the stock spiked 50% that made no sense to me, i said it was too expensive versus the group and i was dead right stocks now trading below 26. initially it hung in there but after trading sideways for nine months, they experienced a horrific breakdown this is incredible that is a huge decline even though the company had many consistent quarters the stock late last month we started getting reports that they were in talks with bayer, we call it bayer to acquire the animal health division. they are paying $7.6 billion in cash and stock tha

elon musk claims that the insurance rates will be 20 to 30% below traditional insurers. and policies will be offered to tesla car owners outside of california. >>> apple is apologizing for listening in to the recorded conversation of people who use siri. the company is ending the practice of having employees review audio recordings. in the future, it will first ask permission to check a siri recording as a way of improving apple's service. >>> juul is introducing a new system. they are offering $100 million in incentives toretailers to install a new electronic age verification system. the software blocks each juul purchase until the shopper's driver's license or government identification has been scanned. and it limited each purchase to one vaporizer and four packs. >>> pinterest says those who searchvaccine information will be shown information from health groups. social media groups having criticized. now a search for organizations the u.s. centers for disease control and prevention and the world health organization. >>> time is 4:49. and sal isback. and i could check

tesla ceo elon musk say consumers can cancel any time.f yout decide to dumosit,5 remove the panels and restore the roof to its previous condition. oy nl$5yeah. you thinking aboutat's win. >> i'm assuming they ins ause if they have to come get it. >> i wonder if th have to pay installation. t enticing.i' take that deal al. >> investigate and let me know because i think a lot of people futureig anyway. has been all time. investigate and let us know. tweet aboutt. ou 4:41 is the time. coming up on fox5 morning, a look at the morning's top headlines iheluding t frantic seven that's happening faght now for a missing fax county firefighter that could lost ate sea. as we head to break at 4:41, 78 is the temperature. aer>>ft♪ing backbrk. gomeu a kurist s.yo kids to and from school?ncer:'r ha r: don't forget yourject ro p sence announcer: we think it can be something bigger. erybody take your seats. announcer: this summer, volkswagen is suppheting america's teacrs. announcer: visit your vw dealer to learn how you can.in jvolkai get a 2019 jetta, t