there is always an imposter elon musk in the reply it's underneath.elves as elon musk. the trick people into sending bitcoins with the the holy grail of course it would be to get actual elon musk to twitch a bitcoins scale then it looks even more convincing and that is what the hackers have done in this case. this is an unprecedented attack because people have said it was people like elon musk or kim kardashian who got hacked but that is not entirely true. as we now know, it was twitter itself some of the staff that were hacked with that that makes this a lot more than usual and with the hackers, potentially a lot more lucrative and some commentators have said it is a surprise if anything that all they did was download a few celebrities private messages and post these bitcoins scams. a bit of a smash and grab. when really they could've potentially done a lot worse. it could've been a lot worse. thank you, chris. let 5 get some of the day's other news. the united states has condemned the decision by the hong kong government to put back territorial elec

that is giving elon musk a huge payday.ook at what the market cap has done, briefly surpassed $300 billion to become the most valuable auto company. market cap of $150 billion means that elon musk got access to about $1.69 billion option contracts. he cannot sell those for another five years. if he were, it would give him $2.1 billion. you can see elon musk's net worth went up significantly as of late. this quarter is if it can post another quarter of profitability. what it needs is a fool net profitability for an annual period. if it can do so, it meets the requirement of getting into the s&p 500. that would give it access to a lot of passive money and institutional investors that follow indexes. we are looking for a net profit here. francine: thank you so much. dani burger with the very latest on all of this. if we had time, talk to me about what else we are looking for. i know that snapchat post-e earnings yesterday. does their net loss make any progress? >> it actually widened. you can see this is that user growth. the

elon musk, millions of millions of followers, barack 0bama.llions of followers, barack obama. explain to us. for those who are not familiar with bitcoin and how this works. the account gets hacked and then what happens? what happened today the account gets hacked — let's say elon musk, one of the first — and tweets language that if you send an amount of bitcoin, i will double that and send it back to you. of course, that never happens and the account just keep that never happens and the accountjust keep that money. and typically, what is also included in that tweet is the wall that dress, age is a wallet is where you store and can receive and send bitcoin, so can receive and send bitcoin, so that address is included in the tweet and, yeah, that's basically how it works. so these tweets fishing for money, fishing for bitcoin, they come from the genuine account. do they look real? do they sound real? no, they don't. as someone real? no, they don't. as someone who has all of years, they are typically not in the voice of the actual account holder,

gene mentioned elon musk and using his account to tweet information.s get in and tweet material information, who's on the hook for those stock moves whether it be up or down i'm thinking mostly down there's a whole other host of issues involved here. >> yeah. it's not just the founders or executives obviously there's a lot of investor relations of lots of public companies that use this for a news wire for all intents and purposes i think it's also important to remember this may not be twitter's fault. this may be a very sophisticated phishing operation where these people were targeted and their passwords were fished from them not through twitter. this may have nothing to do with them as far as a hack is concerned. just one other point about these ad dollars, twitter is going to do maybe $3.3 million in sales most of that is advertising. it really is a rounding error when you consider what they do with facebook and what google does on the ad front and online. to me, the value of twitter is the scarcity of its platform and the importance of it if you chi

elon musk in terms of -- what if elon musk contributed to -- what has elon musk contributed to the unitedes? elon musk is creating jobs. we're rooting for him, maybe not the stock but -- maria: i'm still talking about tesla only paying half the rent. gianna cold well you want -- caldwell, you wanted to jump in. gianno: cruisin using the woe is -- the consideration of march and the stock tripling and there's not been additional cars. every company is doing this. every company when there's tax policy, they take advantage of it. so i don't see anything scheme-worthy in this situation. maria: okay. so what is it? gianno: well, it's a business practice that should be more transparent. maria: he needs -- what would you call it? he needs four straight quarters of profits to be included in the s&p 500, what do you call it, a plan? gianno: he should be more transparent about what took place. i think that's the conclusion that should be drawn. but still, a scheme is just pretty low. maria: absolutely. yeah. that we agree on. we'll be right back. tell us what you think, please. tell us a tweet on th

bill gates, elon mufpk and warren buffett were among those. -- elon musk.re was a link to an apparent scam. they suddenly lost the ablete ability to post new tweets. company says most are working again. semiconductor manufacturing, apple's main iphone chip maker reported a growth margin of 53% also beating stims. -- estimates. helping jouf set lost business from its number two customer huawei. american airlines is telling 25,000 staff they could lose their jobs once government aid expires at the end of september. that is under 1/3 to have total workforce. the carrier blaming the coronavirus that is still battling the travel industry. the final number of redundant people will depend on how many workers take an early out and leave options. that is your bloomberg business flash. yousef ? yousef: thank you very much. let's get into the e.c.b. discussion. policy makers are widely expected to keep stimulus steady in today's meeting. christine lagarde will face questions whether it will be sufficient to boost the recovery. they expect the banks to do more by septe

>> elon and the rest of the management really pulled on the levers available to them.edit played a big role. that definitely boosted margins and kind of warded off the effects of the pandemic. beyond that, it is really about execution. thea managed to get around supply chain issues and managed in china and elsewhere. people have a short memory when it comes to tesla but it was only a few months ago that elon was openly defying the authorities in california and keeping the factory open when he was ordered to close it. we know that elon sent out that memo a few weeks ago, and he was quick to thank his employees on the earnings call for the work they did to pull off i guess not a surprise profit a profit that the street was hoping for. nejra: great to have you with us. ed ludlow in san francisco. we have lots of breaking news this hour. daimler expected to make an operating profit this year. roche, it is about confirming guidance to raise the dividend. we had from the south china morning post that china may close its u.s. consulate in chengdu. the global times editor-in-c

elon musk, jeff bezos, and bill gates were all victims of a major hack on twitter.d to promote a cryptocurrency scam, sending out tweets like this. high—profile political figures were also targeted, including barack obama, joe biden and former presidential hopeful mike bloomberg. married mega celebrities kim kardashian and kanye west also compromised. this wasn't about fraud, i don't think, i think it was more about, you know, doing the hack. in the hacker community, we would actually call those type of hacks a little bit lame. twitter quickly took action. the scam tweets were removed, the company posted this... this is a serious security issue for twitter, i mean, these are power users, these are users that people come to see and read, people like elon musk or kanye west orjoe biden, barack obama, bill gates, these are figures that use that platform on a daily basis and the fact that twitter couldn't keep that secure is a massive issue for them. experts say they could see more than $100,000 worth of bitcoin was deposited into the scam account. once it is there, vic

is where we see the skew hey, good morning, it's john fort i'm hold enough to remember may 1st when elon musk himself said that the stock was overpriced at 701. i mean what do you do with this as an analyst? this is running so far ahead of you but you have to deal with some winds of fundamentals, so what do you have to raid it because you like it? because it has run this far after awhile >> first i think maybe elon has a mixed track record of calling his own share prices i think he enjoys making controversial comments we have to stick to fundamentals if you just saw them being and auto company you need them to have more revenue than toyota. the market is saying stop calling this an auto company it can be bigger than apple. that is what we're hearing on tesla right now. if you, you know, you have to stick to fundamentals. i think tesla may deserve to be $2,000 and $3,000. maybe it is possible to say that over time, as they improve that software model but to give them all of the credit right now we think it prevents an unfair risk reward, and frankly if tesla can justify 2,000, the silicon

there is a bigger billionaire on the block and his name is musk elon musk.fficially moving past berkshire hathaway's warren buffet to become the world's 7th richest person robert frank joining us now with how musk was able to pull past the oracle of omaha. i'm going to just take a wild stab that it might have had something to do with tesla's stock but i'm just literally reaching for straws here >> it's right. it's just on friday and added $6 billion to his wealth. that brings his total to over $70 billion. he's now the 7th richest man in the world. and buffet actually started the year $60 billion ahead of musk but buffet is down 20 billion and musk is up over 43 billion as you mention due to his 21% stake in that incredible tesla stock. now he could get another boost this month from his big pay package which is actually based on certain targets now musk got the first one back in may those were options valued at now about 1.8 billion. it's the second payment of the package if tesla maintains at $150 billion his current market cap is 286 and he gets another 2

caroline: elon musk has been hacked twice it would seem.tcoino, the hack seems to have a card. -- it does not even make sense, the tweet. it is offering to make bitcoin payments. he sent $1000 to one payment. elon musk, bill gates. apple seems to be playing up. twitter falling after hours. joe, you are the resident crypto expert. >> it is striking because people get hacked on twitter from time to time. crypto hackers like to do this kind of stuff. this might be an actual hack out of the accounts but in some way of twitter itself. a lot of these accounts seem likely to have had some sort of dual factor authentication. somewhere, it might be on twitter's side. do not send your bitcoin to random accounts even if it is elon musk or bill gates. please, people. taylor: great investing in vice, joe -- investing advice, joe. joe: that is not usually my job, at i give that advice. taylor: it was interesting. cloud flare had flagged this is a fishing site. it looked like it did come to oo late. some of these had the two type authentication to prevent

where would elon musk go for that kind of cash?stable investor base, folks that are still on the board and a lot of blue-chip firms. fidelity, google, they have all invested in spacex. his board includes venture capitalists that have been with the company from the beginning, but now that they have proved they can safely for human beings , remember they launched two astronauts earlier this summer and are slated to bring the back august 2. that is a big proof point for the company, which was founded to make lives interplanetary. so once you have that under your belt, there are any number of companies that might be interested in investing in spacex. jon: time flies, no pun intended, but it has been almost two months since we saw those astronauts take a trip to the international space station. the world was watching that. do you see this as a major milestone for investors and business interests in spacex as well? >> yes. and as i said, the bet -- the next big milestone will be august 2. spacex's business is really kind of two buckets.

a lot of the answers had to do with elon musk >> i love that, phil people love it because of elon musk. >> name one other brand that -- >> exactly what is the new name of fiat and peugeot? interstellar >> that's for the holding company. >> phil, stale right there 4re9's take more about tesla an run. tim higgins -- what was the significant of the including so what would the significant be for the stock if it joans the s&p 500? >> for the stock and investors, it's now that you have a number of funds and fund managers who have to have holdings in their particular fund. they will include teslanow that theoretically will give the stock a bump and further support. also, for elon musk, i think it's important to know for the longer time, he has sought out validation from the broader market but clod is true validation. >> which in a lot of people said. >> phil, the tesla brand has had ups and downs. some years ago, i believe consumer reports called it the nearly perfect call, but more recently there have been problems with did. >> so why do so many people still go out and buy the car you're sch

they say conditions started to shift after tesla ceo elon musk sent out a tweet may 9. >> threatened to leave the state to texas. and we saw a change of mind. >> reporter: tesli, which employs 10,000 people at its plant was initially forced to shut down but elon musk battled with the county. nine days later they were allowed to reopen. employees received an e-mail from elon musk they could stay home if they felt uncomfortable or ill but he said it is not an option for many. >> told to get back to work or that is it. that is it. >> reporte: we reached out to tesla for comment and have not heard back from them tonight. andrea nakano, kpix 5. >>> tonight the bay area has a record high number of hospitalizations due the virus. 633 patients, according to officials. and that is a 6.6% jump in one day. alameda county is expected to be added to the monitoring list tomorrow. and that is going to mean tougher restrictions. worship services and malls will have to close for three weeks. the county has the highest number of cases in the bay area. more than 8300. >> i would describe it as a steady

best buy is booming and elon musk is a board vote away from cashing in because he's struggling so badly there in beverly hills. thankfully he'll get a little money to patch him over. >> the idea that he's richer than warren buffett blows people's minds let's get to some of those stories snap ink reporting a loss the slowest since the company's initial public offering in 2017. the daily user growth fell short of the initial forecast when the growth in the early days faded faster than expected the early impact of the facebook ad impact has opened the door for the company to have talks with high level executives >> best buy sales are up 2% driven by a surge in online shopping sales have jumped more than three fold now sharing at an all-time high up 3%. as pointed out, elon musk has qualified for a $2.1 billion payoff the second following the massive surge. the company's six-month market cap has reached a trillion triggered the second of vesting traunchs to buy tesla's stock at a deep discount. a report after this closing bell today. if it reports a profit, it will meet a major market neces

it's taken elon decade -- more than a decade to do that.re you ready to make sure someone in fort smith, arkansas who likes this and buys one can get immediate service if something goes wrong? >> we are taking a completely different approach than tesla. we are taking a lot of lessons learned by what's already happened out there. we have joined up with independent service providers and one of them is cox automotive that already covers almost all of the u.s. we will also use flying doctors in case we do have a very remote area. one of the unique things is that we are working together with volkswagen on the platform and that's a lot of technical components underneath the vehicle we think will be a commodity and why we can make such a low pricing for our vehicle. they are already going to produce this platform tofor 18 months, which means everything should be ironed out. we expect super high quality vehicles, very durable. we don't expect to have the typical issues most ev startups will have because they do everything themselves. so that's a ve

elon musk is building that kind of tunnel in las vegas.eeted out that rendition of what the tunnel will eventually look like. >>> now, let's bring in susan here. i understand that dr. birx who i think of in terms of the virus and medicine she's warning las vegas about something? what's she saying? susan: in a private phone call with local leaders in 11 major cities and yes, that does include birx is advocating aggressive steps. she says to try to slow down the new coronavirus outbreak and that extends to las vegas but also baltimore, cleveland, miami, new orleans, minneapolis, pittsburgh and other big cities as well especially with this surge in new coronavirus cases, and that means less travel fewer people are heading to the vegas strip. so roughly 350,000 visitors actually went to clark county and those are the casinos which include las vegas on saturday that's theowest saturday count since casinos reopened at the start of june june 4th according to jpmorgan. compare that to the more than half a million vegas casinos over the july 4th in

lee: listen, i think that elon musk is a pr provocateur.lf in the middle of things you wouldn't expect a typical ceo to get involved in and he causes an interesting conversation to happen. i think he's not wrong. special interests have no place thein this kind of thing. it becomes difficult to fight it because we're under a very, very tight deadline. people need relief and the party that's going do fight on this is going to have a big issue. so i appreciate the fact that he's entering in conversation, causing debate to happen but i think it's a tough way to handle it when there's a few days before congress takes a place. dagen: hasn't elon musk gotten behind universal basic income? john: he getting his own support for the tax credits, if you buy one of these electric vehicles, so to some extent he has benefited from government subsidies, if you like. i'm not sure about his support for universal income. sometimes it feels as though we're moving in that direction. but eventually markets may frown on any further expansion of government subsidi

elon musk, jeff bezos and bill gates were all victims of a major hack on twitter. popular accounts were used to promote a cryptocurrency scam, sending out tweets like this. i'm giving back to my community, due to covid—19. all bitcoin sent to my address below will be sent back doubled. if you send $1000, i will send back 2000, only doing this for the next 30 minutes. high profile political figures were also targeted, including barack obama, joe biden and former presidential hopeful mike bloomberg. married mega—celebrities kim kardashian and ka nye west were also compromised. this was not about fraud, i don't think, i think it was more about doing the hack. in the hacker community we would actually call this type of hack a little bit lame. twitter quickly took action, the scam tweets were removed, the company posted this. this is a serious security issue for twitter. they are power users, people that people come to see and read, people like elon musk, joe biden, kanye west, joe biden, they use the platform on a daily basis. they are figures that use the platform on

figures, including elon musk and bill gate. jack dorsey called it a tough day. welcome. it may have been a tough day for twitter, but it is also shaping up to be a tough week for tech stocks in general. the nasdaq leadership we have seen falling back a little bit this week. nonetheless, we did see a little bit of strength come through on the s&p 500. today, we are seeing a little bit more risk off sentiment across assets. perhaps to do with concerns around the china data, particularly around the retail sales question. asia, the screen and particularly in chinese equities. the 10-year yield is steady. you are seeing the dollar steady after a couple days of weakness. also perhaps the fact that we are seeing a little bit of softness in crude. it did close that a four-month high yesterday, shrugging off plans by opec-plus to taper production curves. let's get to the first word news now. coronavirus cases continue to surge in the u.s., with california reporting near record cases and fatalities. the world's biggest retailer is to require customers to wear masks at its stores.

barack obama, joe biden, elon musk, apple, and many more. each tweet providing the public with a bitcoin address. which we've removed for this report. >> so the fact that so many of them were compromised at the same time, such a short period of time, leads people to think now that there is some administrative issue on the twitter side itself. >> reporter: dan ackerman was seen at classifies wednesday's hack as the biggest breach he's seen twitter tackle. the company posting, we detected what we believe to be a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools. twitter temporarily limited users' abilities to reset passwords and prevented verified accounts like my own from posting. >> when you endanger that platform and the trust that you presumably give to these so-called verified accounts, you know, that makes the platform much less useful for people. >> they're in trouble. there's no question about it. this is a big issue for them. this is a big deal. >>

elon musk just tweeting hi. it appears the tweets that did not belong to him are removed. continue to follow this. stay to bloomberg television. bloomberg daybreak australia is next. this is bloomberg. ♪ >> good evening from bloomberg world headquarters. counting down to major market opens. i'm shery ahn in new york. haidi: i'm haidi stroud-watts. welcome to "bloomberg daybreak: australia." u.s. stocks hit a one-month high on optimism about a virus vaccine. shares dragged on u.s.-china trade tensions but the s&p hot 500 briefly ends in positive territory. the pandemic rages on with the

you don't know what elon musk will say he is a rock star. an obscure rock star but a rock star nonetheless i do know not what kind of secret sauce they sprinkle on that stock to make it do what it has been doing it really is nuts. our clients really love the story of tesla they love the esg play yesterday on the call, elon musk was all about innovation and i think he offered up a contract to companies that can sustainablely mine nickel. he put a call out for engineers that want to be on the cutting edge of design it's an earnings call like no other. we do own it we have held onto it it has done very well. s >> you think in. >> this was purely client driven i can't explain it i don't have a formula to figure it out >> can the momentum keep going the stock performance speaks for itself he's run over and made fools of people who have bet against him. the question is can this really continue or is this a picture of what will end up being one of the more unsustainable stock stories that we remember in 2020 >> together it produces 60 times the num

i've been a fan of both elon musk and warren buffett. traded the way they trade, invested the way they both invest. this changing of the guard so to speak is absolutely fantastic. i want thoughts from heritage capital paul schatz, courtney dominguez, senior advisor pour payne capital. by the way i'm not affiliated with payne capital. courtney, amazing day with nasdaq at a all-time high. elon musk to pass warren buffett, who sat on $130 billion for almost all of this rally. the differences reflect the difference in investing styles. old wall street missing a rally, old young millenials rocking and rolling. >> i have all those friends, associates, everyone thinks they don't have a lot of cash on hand a lot of them do. they're definitely interested in getting invested. i agree with your point. they're really seeing them comb in. tesla is interesting. it is pretty expensive. trading 430 times forward earnings compared to the s&p 500, only 27 times forward earnings but you do have a lot of good signs i think in the short term. for example, th

only the tweets came from verified accounts including barack obama, elon musk and others.the biggest concern is twitter itself was hacked and not individual accounts. >> it is a terrifying moment for twiter. >> normally when you see the scam, it is coming from the address of someone whose name you don't know. it is not coming from elon musk. >>> the fbi in san francisco is heading out the investigation. it says the accounts appeared to have been compromised in order to perpetuate crypto currency fraud. we advised the public not to fall victim by sending crypto currency or and money. >>> coming up next, the town that is battling to make it through the summer because of a severe water shortage. >> we will keep tightening the screws to the customers in terms of restrictions on usage. >> if we have rt d, so be it so we'll board super spread situations. >> i think it is ridiculous. >>> to close or not to close. by the beaches have become a hot button issue all over again. later they may not look like much but these strange images are a >>> a battle brewing in san mateo county r

roll that tape. >> i was with elon musk, i said elon, build a factory in texas.e just announced today they're building one of the biggest plants in the world, auto plants, for tesla, and it's going to be in texas. and you know, it's great. he called me up just a little while ago to say i got it done. that meeting, he got it done but i was pushing that job very hard from elon. ashley: interesting. susan, should texas be thanking president trump there? susan: it's a definite victory for austin and texas, no doubt. these 5,000 jobs, over 2,000 acres costing over $1 billion. musk has said fremont in california, the other u.s. car production plant, contributes around $5 billion to the state's economy and this is one of the few major car plants to be built in the u.s. over the past decade. it will make the cybertruck, the new semi-truck and the model 3, the y, for the eastern half of north america, slated to start production next year. texas governor greg abbott said that tesla didn't receive any state incentive to locate in texas, but we know that austin approved tax

elon musk and mark cuban both voicing their support. vegas has his odds at 66-1. >> separately, thanks, becky, tesla mocking short sellers. elon musk mocking short sellers. limited edition short shorts for sale on its website. elon musk tweeted yesterday about their availability passing toyota to become the most valuable car company and guys, if i remember right, there was a mention about short shorts and he might have gone after him that was short this company maybe two years ago. does that ring bells with anybody. >> very vaguely. i'm going to pick it up. glaringly bad picks and i'll tell you what, here's what -- here's the thing there's no room for short shorts ever anywhere and i guess they went out of style so badly, like when i see an adult man that is running and who inadvertently is wearing an old pair. you know, shorts now come down to right above the knee and that's what we're used to. so it's so bad i mean -- >> it works if you wear really high, white socks. and wearing a shirt and you look like you have no shorts on when you

elon musk, i said elon, build a factory in texas. he just announced building one of the biggest plants in the world, a plan for tesla. and it will be in texas. you know, it is great. he called me up a little while ago to say i got it done. in that meeting, he got it done. i was pushing that job very hard from elon. we work with him and we do a lot for him. it's time. he was great. he's doing a great job. the other thing we have done is space for. the first time in 76 years, we have a new force. we have what is so important, the army, navy, air force, marines, coast guard, now we have the air force. it is so great. and it's so important. and it will end up at first, i didn't even talk about that on the campaign. this was after i got in office. i realized we need it. because we need space. we can't let that -- and now we will be going to space. they are not too happy what we did with air force. with space for spirits and we now have space for us, so important and so many other things, sean, regulation cuts, tax cuts the biggest in hist

elon musk takes on the fashion industry and his latest release causing a few raised eyebrows. >>> and looking live outside this morning at the bay bridge, time now 4:40. you spoke. we listened. tiny tacos are back for good! grab a box of 15 or try them loaded. get 'em now with no contact delivery. grab a box of 15 or try them loaded. this virus is testing all of us. and it's testing the people on the front lines of this fight most of all. so abbott is getting new tests into their hands, delivering the critical results they need. and until this fight is over, we...will...never...quit. because they never quit. grab a box of 15 or try them loaded. get 'em now with no contact delivery. >>> investors have pushed stocks higher despite a rise in u.s. coronavirus cases threatening the economy. over the weekend, mayors from some of the hardest hit cities in the south and west warned their hospitals are at risk of being overwhelmed. >>> the troubled boeing 737 max jet is expected to start its next step towards returning to service. according to the wall street journal, the operational readiness

i think there are bold promises from elon musk and not backed by much reality. i would bet on the decline. charles: tell you what, all right, you bet on the decline. $20 billion says this stock is short. liz claman, it's going to make -- options are saying it will move 20% up or down after these earnings come out. liz: thanks for the direction. it's like i love when they say that. 20% either up or down. thanks. thanks for the clarification. charles, love it. thank you so very much. we do have to say that we might have seen higher moves here but investors are feeling the heat of new claims of u.s./china tension. on your screen, the smoky scene at the chinese consulate in houston last night, coming as diplomats reportedly took to burning documents just hours after the state department ordered the diplomatic outpost closed. as we head into this final hour of trade, china's biggest names, many of them trading on the almighty nasdaq, getting caught in the crossfire. though it is america's tech titans that get quite a bit of credit for the nasdaq taking 2020 by storm,

figures including elon musk and bill gates. they called it a tough day.e start of the european equity trading day. it could be a tough day. european equity markets expected to be under pressure today. a few crosswinds in term ovs geopolitics between the u.s. and china and we have sort of recovered from our overenthusiasm about vaccines yesterday. the stoxx 600 opening to the downside. he ftse 100 down by .2%. we have some weakness at the start of the european equity trading day. some of the companies -- lerting us to ahead. heineken opening down. e see some weakness there. stumbling there morning, down around 3%. numbers coming through. numbers looking dire for these luxury companies. very interesting to get the narrative around their outlook were it possible to keep one. all of those other masses. keeping an eye on what is going on on chip companies. we don't see a lot of movement. just moving really with the markets. european equity market move there you go the downside. policy makers are widely expected to keep the stimulus open. the president will fac

the accounts of joe biden, barack obama, apple, elon musk and many more, compromised. >>> new body cam video of george floyd's deadly encounter with police, what it shows and the new lawsuit filed today. >>> the double threat as we head toward fall covid and flu season, all at once. what doctors are pleading with the public to do. >>> and our correspondent's own battle with covid-19, the symptoms doctors are only just beginning to understand >> announcer: this is "nbc nightly news" with lester holt. >>> good evening, everyone, what if there was a magic bullet that could bring covid under control in two months or less? according to the head of the cdc we already have one and you're looking at it. dr. robert redfield saying if we all wore masks well i'd likely be telling a very different story than the one we're sadly leading with tonight and that is covid spreading at its fastest pace yet, the nightmare of hospitals overrun is coming true let's start with miguel almaguer. >> reporter: tonight inside hospitals in the nation's biggest city. >> i, myself, am preparing for every shift like

todd: a twitter hack targets famous users like barack obama, kanye west and elon musk.does this say about platform security as we get closer to the election? harmeet dhillon on that next. >> your house is breathtaking. >> i know. you said it looked like a dump from the outside. >> iconic tv house up for sale, the price tag for this golden home. ♪ guys, are you tired of frequent nighttime bathroom trips? well, force factor prostate helps reduce urges to urinate, plus fully empty your bladder and promote a normal prostate size. don't settle. choose force factor prostate, from the #1 fastest-growing men's health brand at walmart. jillian: a look at top headline to the white house sending a message of law and order as violent weeks have taken the nation's city. the president hinting federal intervention could be coming, for democrat led war zone cities. the national association of police organizations endorse the president, the group endorse the obama biden ticket in 2008-2012. talk, man is behind bars for torching the east police precinct. thomas will be senior poured gaso

they are even accusing ceo elon musk of covering up an alleged covid-19 epidemic. as nbc bay area reported three workers claimed they were fired for, quote, abandoning their jobs after staying home, they thought with tesla's blessing to avoid exposing their family to coronavirus. a representative said that's not true and the company did not fire those employees. here is what they want. automatic compensation for wothey want tesla to end termination of employees not able toof covid-19 concerns. they want contact tracing to be done by the county health department and not by the company itself. and they want that investigation into elon musk's response to the plant outbreak. as of yesterday tesla was the most valuable car company in the world with a market cap of more than $185 billion. to be fair, i did reach out to tesla for comment. i have not heard back. in fremont, kris sanchez, nbc bay area. >> people just want a safe place to work. all right. thank you, kris. >>> we want to get back to that breaking story at the top of the show, five crews battling that vegetat

. >> and gene, just quickly on the conference call, if you could, what question would you have for elon musk? >> it's really all about what's beyond cars. i think the energy aspect is an underappreciated part of the story so i think we'll hear a lot more about that on the call. >> we'll check in with you a little bit later on. dan nathan, how do you think about tesla at this point? we do see follow-through after the report in this run >> yeah, well, i think you guys have just said it, it just confirms the fact that a $300 billion market cap company that's not in the s&p 500, but when people talk about how many trillions are indexed to the s&p 500, this is not going to be a massive buy. maybe it's $10, $20, $30 billion. there's people that are going to come out clearly with the calculation. so at this point some of those fund institutions have probably been buying the stock ahead of time, which has helped this story a little bit listen, this has been a very volatile company on the earnings front. they obviously were gearing towards the s&p add, but also there were some other milestones w

the elon musk's qualifies for a package as tesla's average market valley reaches a milestone.he big test comes today as the electric car maker reports. welcome to daybreak europe. we are seeing a little bit of a mixed picture in the a's ingestion, perhaps slightly slower for asia index. we have some breaking news coming through just now. akzonobel saying covid-19 will continue to impact the second half of 2020. it also says that headwinds related to covid-19 eased during the quarter, so that is a quarter they are reporting on in terms of the second quarter. saying that results showing a strong focus trying to get through the rest of the line on that headline. basically in terms of the quarter we are reporting for the second quarter, covid-19 eased headwinds related to covid-19 eased but it will continue to impact the second half of 2020. akzonobel saying it suspended its 2020 financial ambition due to the pandemic. that is the guidance coming through from akzonobel. coming up, we will speak to the ceo. that is shortly after 7:30 a.m. u.k. time. let's get to the markets. we are

i caught it on elon musk's page. he's notorious for sending tw t tweets on his own, but this was a hack. dozens of profile twitter accounts were hacked telling tweet followers to send bitcoin to a specific address. you named a few of those affects, kanye west, elon musk, joe biden, jeff bezos to name a few. twitter came out yesterday and said its investigation uncovered employees ed employee it tries to weather the storm with regard to the coronavirus talk us through this >> so the airline sector as we discussed many times, hard hit by the pandemic and now american airlines has sent a memo to employees that they may furlough 25,000 employees they're hoping to reduce the numbers but warning it could be that severe and those would begin october 1st. >> that is massive julianna tatelbaum, live from london for ugs, thanks so much. >>> up next a look at axios' one big thing. >>> and as cases of coronavirus surge, a look at six positive developments to remind us there is hope. "morning joe" is moments away. a majority of a

they include barack obama, joe biden and elon musk accounts the tweet would include a link asking users to donate via bitcoin. twitter is aware of the hack and is investigating it. so far no word on who was behind the scam. >>> the oakland zoo can reopen thanks to a variance. since the county is on california's coronavirus monitoring list, only outdoor worship services are allowed and indoor malls have to close starting today. >>> a live look from our exclusive sales force cameras. pretty hazy right now. we're at the san francisco bay and the east bay, winds carrying smoke from multiple fires our way. the largest is the mineral fire. it erupted monday in fresno county. it's exploded to 11,000-acres. containment is only 5%. and in san bonito county the coyote fire grew to 200-acres in a matter of hours. city council members passed sweeping reforms that will reshape the police department. most notably, officers will no longer pull people over for traffic stops. berkeley will become the first city to put that job in the hands of unarmed city workers. the city says the idea is part of a lar

as is the tesla ceo, elon musk, given the runup in that stock. up about $25 billion in value over the last week or so. so a lot of these cities, states, even the country, might be looking at this as a convenient source of money and a lot of it. what do you think? >> yeah. and of course, we know that so many small businesses in america are suffering as well as other big businesses, but some like the tech sector especially are actually doing quite well under the lockdowns. people are staying home, ordering in, streaming, so yeah, some of these companies and the people who own them are doing very well and it is going to be tempting, but again, if someone like jeff bezos, he already, you know, left seattle in a way for another home in washington after he bought "the washington post" so it's obvious that these people have places to go. when you are that rich, you can go anywhere in the world. i think it will be tempting to want to get money from them but it's also very dangerous. again, it's killing that goose that laid the golden egg. certainly i thi

i was dancing like elon. did you not see elon dancing in the cold open? put it on again and again and again. >> i like to see that. i think it's attributable to thursday you know thursday? thursday is -- >> oh, yes thursday is the closest to the weekend without being too close to monday. >> exactly exactly. exactly. exactly. anyway, yeah i cannot do that no one wants to see me do that big tech in the stock light. i don't know if anyone wants to see elon doing that either big tech in the spotlight leading the way for the broader market the nasdaq outpacing the s&p and the dow. yet again, we've already had a segment on this, mike santoli. he joins us now with more. there's something for everyone you can either say that's where the sizzle is. that's where the growth is that's where the covid plays are. or that's always where the froth seems to go in these sexy story stocks with -- that's just where it resides, right? >> reporter: that's the trick. try to illustrate or describe what's going on in a new way what's interesting, take a look at apple and microsof

what would you have advised elon musk to do then? >> i don't know that elon musk needs advice from me. everybody wants to keep employees safe. i think that the counties and cities and states are doing the best they can with the rules and guidelines, and, you know, i think most employers want to stay within those guidelines if they can. >> sure. now we know what's happening here in california. you're in harris county in texas, in houston. houston chronicle says you have more than 30,000 cases in the houston, harris county area. that's about seven times what we have in santa clara county. now, houston is massive for people that haven't been there. but still that's a breathtaking level. on a personal level, how are you doing? what are you seeing in houston? describe the situation in your part of texas for me. >> i'm doing fine. i will say that, you know, i have seen more issues with my clients in the last eight weeks than i have the last eight months so clearly the numbers are on the rise. employers and families and businesses are deali

and let's face it, elon musk has done that.ut the rise in stock price and the fact that tesla is now worth more than fca, gm and ford combined, worth more than volkswagen, worth more than toyota has nothing to do with reality. when you look at reality, tesla, albeit still alive, is not -- i'll say this kindly tesla is not a very profitable company that creates a decent return for its shareholders. tesla is always struggling for profitability and yet it's got this huge market cap and it's referred to as the electric car giant. well, they may be giants in the electric car business, but annually they do 300,000 cars. 300,000 cars compared to 10 million a year for toyota, about 8 million a year for gm, fca, ford, gm combined about 20 million a year so tesla is not very big they have very good technology, but so does gm, so does ford, so does toyota, so will volkswagen and porsche. >> bob, at 300 you thought it was way, way, way over valued. so i don't know what you say now. let me get over to phil lebeau and you hear bob mention th

why should i believe you over elon musk?think elon musk has done some of the coolest things in the world. landing a rocket in the middle of an ocean, building tesla, but you know, when you start thinking about why batteries don't work for commercial vehicles long term, especially things like class three to class a trucks, fuel cells are one-tenth the size and much lighter so as dhl told me, do they want to be carrying batteries around in their delivery vans or do they want to be delivering packages so i listen to dhl people buy products. i got to tell you, i'm hoping one day mr. musk buys from plug power because we would be happy to work with him. >> very exciting i have been a huge believer in the gar air products you bought a hydrogen company. how did you get that and where does it make it fit in to make the end market product cheaper and more fficient? >> so jim, first i am the biggest seller of hiydrogen for fuel when we look at competitive landscape long term, so much of it has to do with the lower cost renewable's and

no one beats expectations quite like elon musk and tesla that company delivering nearly 20,000 more cars than predicted in the second quarter and that stock is surging to an all time high we'll have more on tesla's big move in a bit. right now, power lunch begins. >>> yes, it does the nasdaq at a record high today. the s&p is about 7% below its all time high. let's get to dominic for more. >> the markets like that camera, were higher. they are coming down now but still in positive territory. at the highs of the day is dow is up roughly 469 points they are up 277 right now. pretty much 1% gains across the board. the s&p 500 hovering right around 3150 and the nasdaq, we'll put a star next to it here because it's created a new record intraday high two places in technology that are really moving. check out these etfs first trust dough jow joan inte. every single one of these tech oriented etfs has hit a record high some of it is covid related but watch those moves. both of these showing pretty strong gains opinion surging in today's trade. good time for some companies tyler, to be in the ipo

and if you want we have tesla elon musk.ys he is giving his vote to the chicago his blessing, you have my full support. so mark, the question is, are you feeling the heat of competition for mr. west? >> welcome to the race, if you want to get into it. our focus is entirely on joe biden, someone who absolutely stands right now against the flag who has one of his leading vp nominees saying she would be open to a discussion about tearing down statues of george washington. that is the world that they want us to live in and it sounds like at least on this issue kanye and the president on the same page, we need to stand up for the flag in america and work together to improve it, not tara and burning down like the radical liberals in joe biden, their weak leader. ashley: the message in new hampshire, mark pretty much the same, obviously the economy is trying to make its way back, we had the virus flareups that what is the main message for the president. >> i think the best is yet to come and we can make america great again. the man

you hear elon talk about this. he wanted to get into a state where he had more freedom to expand the way he wanted to expand he has a remarkable vision that goes far beyond this one announcement he is a visionary. he is a transformative thinker and he's thinking about that and processing that as he's developing this parcel of land and what he wants to achieve in the future and he knows he has a better ability to do that in texas with the freedoms that we offer him with the low cost that we offer him than he does in other places like california. >> i was thinking about how to talk to you about coronavirus today, governor, and i think i'd like to talk more about the factory and getting more details about employment levels and how much commerce and all of that. you mentioned the freedom that texas is known for don't mess with texas, deregulation in the oil industry and tort reform and all of those things i just wonder whether that sort of milieu in texas adds into what happened with coronavirus i mean, i don't know wh