we talked about elon musk earlier in the program.hink everyone is inspired by what he is doing, but that anxiety is turmoil in the transition to mobile phones. these guys are looking to see what is next, what is the next platform after phones. outside, tofrom the these kind of accusations make sense to you or are they totally crazy? >> some are certainly totally crazy, but this is the kind of time in the market where you can take these crazy bets with .airly minimal financial risk i don't think they're totally crazy. i think these are placeholder bets that could grow into saving the company in the next 10 years . i think that is a worthwhile bet to take. andll right, michael kim brad stone. thank you so much. we will be right back after this quick break. ♪ >> we are on the markets. let's take a look at where stocks are trading right now. we do have declines across the board, particularly acute in the nasdaq will stop we're the worse than estimated amazon earnings. we're seeing general declines on the back of renewed concerns about uk

elon musk discusses the future of reusable rockets. is there a way to protect your credit card from hackers? to our viewers here in the united states and those of you joining us from around the world, welcome. we have full coverage of the stocks in stories making headlines today. it yang yang has the latest details of the launch of the latest spacex program. cook andin with peter the latest on the crisis in ukraine. good afternoon. >> good afternoon. g7 nations preparing new sanctions aimed at russia even at this hour. the crisis in ukraine escalate even further on the ground. that aorts of violence team of international monitors from the osce had been taken hostage by this -- pro-russia activists. they did nothing to ds glade he crisis -- and the escalate the crisis. is president saying the u.s. prepared to further isolate russia economically. >> president putin is not a and recently acknowledged this has already had an impact. certainly, if the situation gets worse and sanctions are broadened to the entire sector, that will have a mo

elon musk's right-hand man in the battle for direct sales.us is matt miller and our guest host editor. anyt off, are you seeing impact at all from the new jersey dan? >> too early to tell. we just went into a new model of upgrading our former stores as of yesterday. i cannot tell you if there has been in effect. there has been affected as far as public opinion is concerned and anecdotally, the reaction of our customers in the broader market to the idea of the ban. and it came to be. head-on withing various auto dealer associations around the country but you are eventually going to have to be ae rent if you want to bigger car company? >> i do not know. the answer to the question will be revealed by the market over the course of time. if we become so big, that it makes sense to explore a more hybrid model, then that will become self evident as we received signals from the market that we need to expand more quickly geographically or we need to move more volume through the channel. right now, what we're doing did not require independent deals in

tesla elon musk and i and one of the fancy cars.rnold schwarzenegger ordered one and the google guys ordered them. this is the high, high end. the ones that are out there right now from 70,000-100,000. how many people can he possibly hit at that price target for the model s? >> not huge numbers. as we were just discussing, the numbers we are looking at producing over the next couple of years, this isn't a high-volume model. whether it is sold in the united states or china. liz: the way he sings, it is so different. he thinks to himself let me get my foot into that nation, and then we will figure out the rest from there, correct? >> that is what he is absslutely doing. an opportunity to build that relationship so when they are able to expand in the do have vehicles to sell the middle-class, they will be able to get up and off the ground running as quickly as possible. liz: let's talk about the stock itself, 321% year-over-year. with a backdrop of people trying to talk this company down, and they could not do it. i don't care, you can

elon musk made an appearance in beijing and deliver the nations first model s. >> elon musk has said not really sure. this is day one of delivery. >> what we see right now is really strong demand. more demand we can fulfill this year. it will be quite a big number overtime. ,y instructions to the team spent money as fast as you can without wasting it. will tesla form a partnership or go it alone? early stages,e sort of in the crawlspace. even a year from now, we will not be quite young as a company. he says he is generally happy with the car that says certain backseats are not ideal. a millionhat of dollar car. >> others, though, we are less forgiving. buyerman claimed to be a of the 120 thousand model s and was up said at delivery delays from the factory in california. >> we have delayed some of the customer deliveries in china for a few months in order to ensure that when they get their car, they will have great experience. some of them were upset about that. >> he wants to make them here to avoid california's 25% and/or terrace. arriff. the level of support has been great. i have

elon musk says tesla will start making cars in china within three to four years. electric car is about to go on sale in china. building in china will save tesla the 25% tariff the chinese impose on important cars -- imported cars. the south korean resident says the captain and crew committed unforgivable, murderous behavior . theivers continue to search

melissa: elon musk. >>ing of.musk paid back 400 plus million dollars that sets up this legitimizes this notion that government should be making investments in private companies. same thing with aig. i know the government made profit on those invests but that create as moral hazard next time around. melissa: i hear what you're saying. elon musk said they were giving away the money at a cheap rate? i didn't need did. >> because he got morality and ethics and doesn't want to start a company on taxpayers backs. melissa: okay. charlie gasparino. >> i don't want to punch anybody. melissa: of course not. we never imagine you in any dust-ups the of any type. >> see what happened with a angry wall street guy yesterday. melissa: really? >> after the break. melissa: that did sound interesting. >> you know, listen -- melissa: got dick costollo on your list from twitter. lloyd blankfein from goldman. how come? >> i don't like costollo, they ran this very managed ipo it was total bs because they only did one station, brand x, a

. >>> we have a developing story on elon musk's space program. eamon?ht, tesla and space-x ceo elon musk is speaking right now where he's just made a couple pieces of news. let me give you the big headline first. he is says his company is going to sue the federal government for the right to open up to competition of bidding process for what they call national security launches. that is air force launches of high le technical programs lie spy satellites. elon musk saying he doesn't think it's right for that business to be done on a sole source contract basis. he was space-x to have the ability to bid for some of those contracts as well. the second headline so far from elon musk is he as confirms that space-x's falcon 9 space vehicle completed a reusable flagt over the pacific where they could reland the rocket, and for at least eight seconds, it deployed, and then was destroyed by wave action. so that development of a reusable space vehicle is something that musk and spacex are pushing for. that could put them in an enviable position financial listen. >>

elon musk. >> elon musks, the jeff bezos, the paul allens, myself, diamandis, all of us who are in this cause right now, i believe, come from a place of hope and possibility. >> rick tumlinson is the ceo of deep space industries, one of two asteroid mining companies in the us. >> several of us were sitting in the room, it was about 1986, 1987. we pledged our lives and fortunes to making the human breakout into space happen in our lifetimes. we called it the benevolent conspiracy. well, that same group of people are still involved today and we're making it happen. >> what will tomorrow look like? our world is at our limits at yet we all want more. and why not? why shouldn't the future be better than today? >> but he prime directive of all these companies that you name seems to be profits. but the way you speak about it is like this... >> no buck, no buck rogers. nobody stays until somebody pays. it can be you the taxpayer, and that's wonderful, thank you very much. but the day that you get bored and turn away, nothing's going to happen after that. i, we, have to figure out a way to make

we talked about elon musk earlier in the program. ink everyone is inspired by what elon is doing. the anxiety amid this turmoil, the transition to mobile phones and these guys are looking to see what is next, what is after phones. what's the next platform. >> michael, we have 30 seconds, from the outside, do these kind of acquisitions make sense to you or do they strike you as totally crazy? >> well, some of them are certainly totally crazy, but this is the kind of time in the market where you can take these crazy bets for fairly minimal financial risk, right, at least on behalf of certain large companies with a lot of cash on hand. i don't think they're totally crazy. i think that these are place holder bets that could grow into saving the company in the next 10 years and i think that's a worthwhile bet to take. >> michael kim and brad stone, thanks so much. we'll be right back with more of "bloomberg west" after this quick break. ♪ >> you're watching "bloomberg west" where we are focus on technology and the future of business. i'm e

elon musk is seeing strong a stephen engle reports, there could be roadblocks along the way. >> elon said model as sales could top u.s. by early as next year but he admits he is not sure. this is just day one. >> what we see is pretty strong demand. i think probably more demand that we can fulfill this year. in terms of the absolute figure for charging stations, it will be quite a big number. my instructions to the team are to spend money as fast as they can spend it without wasting it. >> there are 70 unanswered questions. -- a range of unanswered questions. can fulfill its order book from china quick enough? will tesla for my joint venture partnership or go it alone when it plans to build the cars in china? >> tesla is still at the very early stages. we are only delivering our first cars in china today. now, we will be quite young is a company. -- i think we we want to hit puberty before we start upgrading. >> one of the owners is the president of the chinese car website auto home. he says he is happy with the car but if thinks the cramped backseat is not ideal. >> the external des

>> there is reason why elon musk was the dell for "iron man" movie character character in the movie. he thinks bolder than anyone in technology today. melissa: that means you can cash boldly as well. >> yeah. it does. spacex almost went bankrupt in 2008 because they couldn't launch these rockets. melissa: sure. but they got a great contract from nasa. >> they have several billion dollars in order backlog to launch these satellites to bring cargo to the space station. first time ever a private commercial company has done that so i would say he's proved, he has redisked this a lot. he is on a really safe path right now. melissa: monica, what do you think? would this be like getting in on tesla before tesla's ipo or is it riskier than that? >> it is way riskier than that. if you look at tesla, tesla is not even earning a profit today. melissa: no, it is not but investors are happy with the investment. so the stock is doing well. there's a difference, you're right. >> this is very speculative. i agree i think he is kind of like the next steve jobs. he has got grand vision. he takes big b

. >> does elon musk have good news for spacex? >> he did have some good news today at that news conference. he said the company's soft landed one of its rockets in the ocean after it took a pay load to the space station the other day. unfortunately that rocket was destroyed by ocean waves after it landed. but he maintains the landing shows spacex has promised being able to reuse rockets, that it's real. this is another version of one of those rockets that they have successfully brought back down to earth in the past. the company plans to release video of that sea landing soon and hoping that it showcases a little bit more of the evidence that it has to show these rockets can be reused safely. >> peter cook, stay with us for just a second. i want to bring in our colleague from bloomberg industries. i know you're there and you've been watching the developments having to do with spacex. let's tackle one thing first. the russian rockets that are used in the joint venture, the u.a.l., that currently produces those satellite launches fo

elon musk falling back to earth. tesla shares getting hammered. spacex calling off the lanelatest launch to the international space station. we're live at the new york auto show as well. ford's ceo, joe heinrich, on what it is doing differently in the wake of competitor gm's massive recall. say it's not it is always about money. melissa: today's the day. google glass is available for anyone to purchase for one day only with onely a few hours left, should you buy it? here to break it down are tech experts. we have shelly palmer and pete pashal. they're wearing their google glass and joining from us sacramento is bfp vision care's president. they have a deal with google to provide insurance coverage for people purchasing google glass. welcome, gentlemen. so, i, trying to set aside that they're fabulous. >> thank you. melissa: i'm not sure if we walked into a bar i would necessarily come up and talk to either of you, no offense. saying that aside, what is behind the idea of them selling for one day only do you think? is it about testing demand? is it

. >> elon musk wants to colonize mars. what do you think is the future of space travel?'re just on the start. we are at the beginning of this emerging market of being in space. the great thinkers like elon musk and richard branson, those are the guys who are the leaders. i am trying to invite academic institutions and for-profit corporations to join in this. the first folks that get up there, they will be the leaders in this effort. we have investors who are building platforms in space. we will commercialize those. >> what will be the most exciting development in space in our lifetime? >> i think that we will have breakthroughs in medicine. i think we will have insight into predictive medicine, to predict when people are likely to get diabetes. >> we will be watching. colonel gregory johnson, thank you so much for sharing that vision with us. >> thank you. time now for the bwest byte. one number that tells a whole lot. jon, what do you have? >> i would most certainly freak out if i want to space. >> no way. not for me, i tell you that. maybe in another life. >> 1.2 billi

family, we took a tesla, elon musk was in the backseat.ke, and the weeds but different. >> when the hyperloop happens, you will be there in moments. >> what are you doing in new york? >> there are a lot of stories going on right now that a rebel -- that are relevant to what we are doing. you guys spoke about aereo. a big software component as well, but i think there was a certain amount of software -- mark -- at the blue bloomberg technology conference here. >> cory, what is going on with the beard? >> playoffs, baby. in my culture -- >> is this allowed? are you allowed to do whatever you want? >> the boss may have had a comment about that. the beard will be here for long. i was at vacation last week and it just kind of happened. >> you guys have fun out there. i will try to hold down the fort. >> all this fun could happen anonymously. and williamng shatner making me blush within a two-week stretch. that is impressive. >> william shatner, love that guy. jon erlichman, wiring the world series in new york this week. cory johnson in new york

when money talks, everybody listens, that includes silicon valley wonder boy elon musk ever tesla. we were first to talk to the attorney who is filing a lemon law suit against tesla. here is what he had to say yesterday in our exclusive interview. >> tesla is a very difficult company to sue. they're a dictator. we're saying that we can file this lawsuit in wisconsin and other consumers across the country don't all have to take a trip to california just because elon musk wants them to. melissa: that's what he said in that tie-in. just minutes after our interview, tesla responded with a statement on their website saying in part, quote, there are good reasons to be keptal of the lawyer's motivations. service record shows the tesla service team did everything reasonably possible to help his client and they were continuing to their efforts to service his vehicle right up until the.the suit was filed with no warning. it is your move, elon. we're ready to give you equal time. just come on the show. >>> remember the 250 ups workers got fired last week for going on strike? we brought you th

elon musk is not going to be happy with this one, to as low finding itself in the cross hairs claimingric wonder, is nothing more than a lemon. a disgruntled model-s owner is demanding a refund the implications go way beyond that. the first true test of tesla at direct sales, attorney vince magnus filed this lawsuit, and how do you find a lemon. >> lemon is defined in each state differently, but your car has been in for the same problem for more times unqualified under state lemon laws or if it has been out of service for 30 days it will qualify for a lemon. that is usually within one year of purchase. melissa: in this case in particular what happened with this tesla? how do you know -- does it have to be more than this one? >> there are more tests. i received one call a day since the first video aired on tesla, one from seattle, two from california who all three have major problems and they are wondering what they can do but my guy was in the shop 66 days, the wisconsin consumer for repairs, the car wouldn't start. the batteries wouldn't hold the charge, the doors wouldn't let him out

we have a press conference. >> elon musk in washington d.c.eusable rocket they successfully launched two days ago. stuart: they will ask him about tesla so watch that stock. wait for it. more varney next. i've always had to keep my eye on her... but i didn't always watch out for myself. with so much noise about health care, i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile, not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still gonna give me a heart attack. innovations that work for you. that's health in numbers. unitedhealthcare. stuart: it is time for the highlight reel of the week. roll it please. would you sell for $100 million? >> i would not. stuart: oh, please. >> the speaker of the house of representatives has a private plane to fly her family over the copenhagen. this is completely ridiculous. it is like a 37 hour flight. he is back there in coach. fred from melbourne is sitting next to him. a terrible flight. stuart: what

melissa: elon musk is a game-changer. he is up underred the electric car industry with tesla motors. his other ventures, spacex is the first private company to send a rocket to the international space station. now he is at it again. this time he is taking on the defense industry. so should companies like boeing and lockheed martin be worried? joining me now, charlie gasparino, jack otter of "barron's" and jonathan hoenig of capitalist pig hedge fund. jack, what do you think, does he have a shot at this one? >> i think he has a shot but problem with jumping on this, assuming the defense department says, sure, anybody can send a satellite off with top security. this is -- melissa: he made it into the space industry. no one thought he could do that. this seems easier. >> i think he is capable technologically -- melissa: he got the contract. he convinced them to give him a contract with spacex? >> this is highly sensitive stuff. they want to make sure he is a good relationship and doesn't turn into edward snowden guy on the.

that is another of elon musk's ventures. he has 21 million shares so he has lost $77 million.lionaire owner of this los angeles mansion has changed from $100 million making it the priciest homes sale ever recorded in southern california. was paid for in cold hard cash by an unidentified buyer but rumor has it that the philanthropist and king of junk bonds michael milken and about to get a lot more money from the rich, our nation's politicians, individuals can give as much money as they want to political campaigns. listen to the detail so you can still only get $5,000 to anyone candidate but you can now give that amount to as many candidates as you want and many say it gives the rich even more clout when it comes to supporting their favorite politicians. using? facebook was really big. so in case you don't know those are the stars of the show. rich kids of beverly hills bashing facebook. the social media giant got 99 problems and that is just one. todd hazleton of techno buffalo, and back with us as well, obviously those ladies are passion style icons and to the loving them for

one of the spacex founders is elon musk which runs the company called tesla. >>> a bay area neighborhood is rallying around a young girl and her unusual pets. >> linda ye on the fight between a 9-year-old and the homeowner's association. >>reporter: that's izy, faline- upa and boardwalk. 9-year-old rany mathson has best friends but she's been told to get rid of them. chickens are against this neighborhood's rules. >> i love my chick-fil-aens. they seem to listen to -- i love my chickens, they seem to listen to you and seem like you really matter to them. >>reporter: there's no room for sentiment. the homeowner's association is taking the family to court. >> we don't allow for farm animals to be in woodlands. >>reporter: her dad says the rules are vague and ambiguous -- a.m. bigious. >> it says unusual and common pets unusual and caged birds. >>reporter: what upsets the family even more is they believe they followed all the rules. this chicken coupe is less than 100 square feet, there's no electricity or water, so it's no different than any other structure like a shed built on your privat

shares popped 14 dollars yesterday as ceo elon musk said the company is planning a speedy transition into china. it will invest several hundred million dollars in a car charging network.the first charging station opened in beijing this week.musk is working with china's government, which is trying to expand the eletric car industry there. the rise in gadget use means we're throwing more e-stuff away. best buy warns e-waste is becoming a major enviormental problem.scott weislow says it's the fastest growing waste stream on the planet. "in the u.s. alone we generate nearly 7 billion pounds of e waste on an annual basis. it's a staggering number so we actually want to do as much as we can to keep those materials out of the landfills. many electronics do contain hazardous substances like lead sauder or mercury containing tubes that you'll find in today's flat panel tvs." you can recycle devices at any best buy store. they determine if the item can be restored and re-sold or stripped down for parts that are then reused. remember to wipe personal data from any device, before you get rid of

. >> moving and shaking this hour, tesla motors founder elon musk. he is about to start selling the in china. he says that in three to four years, they will be making the cars there. it would allow tesla to sell them at cheaper prices by avoiding the 25% import tax that the government imposes. it will cost about $118,000 in china. that is compared with about 71,000 in the u.s. the supreme court of their arguments in the most important media case in years. american broadcasting company versus area. what is the legal issue of the court is going to be deciding? sam grobart explains. >> you may have heard that area. it allows you to watch broadcast tv over the internet. is it legal? here is how it works. farms.ve created antenna these work like the rabbit ears you use to attach to your television at home. they receive a free over the air signal. they take that signal and re-sends it to subscribers via the internet. you can watch live tv on your computer and smartphone. puto will even let you shows on the cloud. here is where it gets sticky. before aereo

. >>> and elon musk's payday. find out why tesla's ceo only made $70,000 last year. that's straight ahead on "fast." to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. he has made this year. >>> things just keep >>> things just keep getting worse for fire eye. the company's stock falling another 7% today. now down more than 34% in the past month alone. now, on tuesday "fast money" trader brian kelly said he was doubling down on his fire eye position, but today it's quite a different story. he has phoned in and he's joining us on the fast line. >> first time caller, long time listener. >> all right. so what did you do, b.k.? >> 45 was my stop. i sold out yesterday. little below 45 actually because it went right through and it was moving pretty quick. it's just a bad trade. i mean, from the get-go, you know. i was able to sell some calls against it on the way down to mitigate some of the los

. >>> tesla's ceo elon musk made a major announcement this morning saying that his company, space-x, is suing the federal government over national security contracts. in washington, d.c., musk revealed space-x is filing the suit to protest the lack of competition in contracts for spy agency satellites. he called the no-bid contracts with boeing and lockheed martin unfair. musk said that spats-x the rockets are better and more cost efficient than those being used by the federal government. >> i think the fact that we have a new rocket designed with new manufacturing techniques is very helpful for the cost. i think we have a number of design inknow vakses in the rocket that are -- innovations in the rocket that are helpful for cost. >> he announced that the rocket launch last week made a successful soft landing to earth. he said the rocket was destroyed after landing in a major storm off florida's coast but he hailed the mission as a major breakthrough. >>> social media can be tough to navigate especially when you are being attacked. >> it's so much easier to push a button and say some

there is first solar, there's solar citywhich is the tesla guy, elon musk's stockand is wildly overvalued. then there is sunpower corporationfirst solar seems to be the class of it. so if you have a taste for the solar stuff, these are some of the names you should be looking at. >>thank you matt. >>you're welcome. as the 2nd quarter starts today the economy may be ready to brush off the winter blues-- and bloom. economic indicators including manufacturing, home buying and retail sales cooled off in the first quarter as consumers were forced to stay indoors as winter beared down. but now, juli niemann of smith moore and company believes change is in the air. the change in the economy is definitely one of growth and while it's not a snails pace growth anymore it's more a turtle's pace growth but we are headed in the right direction. niemann says this spring she is stocking up on shares of transportation, manufacturing, and materials companies for her clients. diane moca is filling for chuck coppola this morning with a report on how the federal reserve is monitoring the economy.. good mornin

today >>anny: today,tesla ceo elon musk is pay special attention to what's about to happen and outerce. an unmanned space x-rocket is scheduled to blast off this afternoon from cape canaveral, florida. on board more than 2 t of supplies for the international space station. musk foundedspace x more than 10 years ago. the dragon supply ship is also carrying material for margin computer repair job on iss three astronauts to do the repairs during a space walk sometime next week. [doorbell rings] hey. hey. what's this? it's u-verse live tv. with at&t u-verse... you can watch live tv from your device. hey. hey. anywhere in your home. [doorbell rings] hey. hey. so you won't miss a minute of the game. call now to get a u-verse bundle for the same great price for 2 years. guaranteed. and teamwork.sitive thinking. yes. okay, so we, were going downtown... so i start thinking, parking space, parking space there was no spaces. but then one appeared, right? positive thinking really works. no it, it really does, you know, like when i need gas, i start thinking techron. mmm. techron. and before i kn

the tesla founder elon musk. >>> coming up today, starting at 5, taking a look at safety on the tracks. this after b.a.r.t. has another the train derail the second time in two months. what the agency is doing to keep its trains running smoothly. >>> and that is our report. thanks for making ktvu your choice for news. we're always here at ktvu.com. and you can follow us on twitter and facebook. have yourself a great weekend and a great easter. >> this is "the real winning edge." it's a wakeboarder who woke up to what really makes him a winner. it's a swimmer who worked as hard as she could but kept losing her races. a football player from a troubled home who achieves success. it's celebrities who let you know what it takes to win in life. shaun murray, brendan hansen, and david tyree. this is how to overcome. [captioning made possible by challenger films] >> ♪ as long as it's all right i know there's a way... ♪ >> i'm apolo anton ohno. see how you can overcome when life gets tough. >> hi. i'm lisa leslie. find out how to have the real winning edge over life's challenges.

what do you think about what elon musk is trying to do? i think he is brilliant. >> i think he is brilliant. brilliant in his approach. a good friend of mine in arizona travel to california. he puts his $40,000 down payment to hold a slot, goes back to arizona. the car is delivered to him on a flatbed. a technician spent an hour with him going through how to read it. fast forward a few months later, the technician calls and says, your 12 volt battery is malfunction -- is not functioning appropriately. we will be there to change it. certainly, tesla market focus, ustomer centric. >> it is almost like they have built a customer for life. you can only dream of that with a gm car. >> if you think about the business models we have, jack nasser tried this with ford. direct sales -- why? in manufacturing, you are looking for volume to absorb your fixed overhead. all would love to have the margins that you get out of parts and service in used cars. there was always that attention to the dealer network. if you think about the dealers and their fran

earlier, elon musk held a special conference where he rocket.t reusable .retty significant it is overused. every reporter in america that covers this kind of thing right "ow is using the word "stage without knowing what it means. it is part of a rocket. he has launched a rocket which typically a crash down to earth or disintegrate in the atmosphere. they have claimed to have done this although it died after at theeconds will stop same time they released this video. this is about a sales job trying to convince certain people in the government that his company is ready for prime time. stunt all stop >> it is pr. >> when you send out an e-mail to scores of journalists at 11:00 p.m. saint tomorrow there will be a huge announcement somewhere in washington, that is so germanic -- that is so dramatic. why not just say we achieved a small piece of a soft landing? >> because you're trying to drum up coverage. cool.is i wanted to work out for them but it has not yet will stop >> you have a lot of private companies now. you have you on must hear it you hav

meet the man who is filling elon musk's shoes. ♪ >> i am francine lacqua. this is "on the move."tart, french eot, said it is offering stocks to investors. you can see stock on the back of percent.ower, nine it is a stock offering after theirg stakes with partner. one of the biggest market movers today aware of the stocks that is waiting on the most. bp released earnings this morning calm the first quarter a very solid start -- calling the first quarter a very solid start. ryan chilcote joins us. and adown the news special the positive one. >> of the interesting thing is their earnings came in line with expectations. $3.1 billion which is exactly what investors were expecting. sometimes they liked a bit of certainty and predictability especially when it comes to bp. up the dividend. they only raised it 0.25%. still, it was unexpected and welcome. those are probably the two big reasons for the shares being up today. gets itsd -- bp production from russia. we had a round of sanctions and stop these are tough individuals. sechin is in the crosshairs. >> if this is an interesting one.

elon musk has a big trump card. i will bill the battery plant somewhere. will do it in a friendly state. >> there are a lot of people teslas test was -- besides bob nardelli's friend. a♪ >> from pricey cars too pricey teaching methods. how teachers are incorporating technology into the classrooms. at it again. they're getting others interaction. april fools' day pranks. and look at this. that is the world's largest errors will. it is called the highroller. it soars 550 feet. enjoy the ride. ♪ >> this is "lunch money goes quote on bloomberg. it is april 1. a day when jokesters and businesses unite and enjoys the tradition of pranks. google has owned this tradition starting back in 2000 with the mentalplex. romance.lf, google only the brightest minds could innovate and spend all the time and money on ideas as great as these. here is what they came up with this year. >> we seek to hire the most exceptional people. today we are announcing a new job role and challenge. pokemon master. >> i like google knows better. >> can a word smile? can it whirl its eyes and

. >> how many of us have man crushes on elon musk?l, once you start losing 10, 20, 30, 40% -- >> that crush goes away. >> it kind of does. i think a better entry for this stock would be 40. >> coming up next, the final call. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. >>> coming up on "mad money" tonight, up in smoke, cramer talks to the ceo of njoy. >>> mea

. >> i can think of a few other names that have extraterrestrial ambitions, elon musk, jeff azores, richardzos, richard branson. have you talked to them? will there be partnership? >> richard branson is one of our investors. elon is a great, fantastic engineer, one of the best ever, who is working on spacex, which we will use for transportation. this is a relatively small industry still for commercial spaceflight. we are all in it and pulling for each other. it is synergistic. >> you are talking commercial. do you have a response or reaction to the u.s. ending nasa's program? >> i'm a big fan of as much bass exploration as we can have. -- much space expiration as we can have. >> we didn't really and nasa's program -- we didn't really end nasa's program. we ended the shuttle program. i'm in favor of that, but we should have had something else ready. >> elon musk has demonstrated that private industry can get into space more effectively than government have. >> can't private industry get everything done faster than government? >> space is everything but earth. in terms of setting the rules an

elon musk hand delivered keys to buyers of his new model s. billionaire founder says sales inch -- in china could top sales in the u.s. by even next year. >> we see pretty strong demand right now. demand than we could fulfill this year. long-term, we will have hundreds of service centers in china. my instructions to the team in china are to try to build those as soon as possible. we are going to bill them at a rapid rate. >> admittedly, it has not been in entirely warm welcome. class i am really disappointed. >> ok, sorry. >> the woman claimed to be a buyer of the 120,000 model s. she was upset with delivery delays from factories in california and is not the only one. >> we have delayed some of the deliveries in china, just for a few months, in order to ensure that when they get their car, they will have a great experience. some were a bit upset about that. i met with them and they apologize. it is not as though we want them to be unhappy. our motivation is coming very much from a place of wanting them to be happy and not unhappy. >> yes. the

elon musk as a big trump card. i will build a battery plant somewhere. am going to do it in a friendly state. ♪ >> pricey cars to pricey keychain magnets, teachers incorporating technology, coming up. it again.at they are also putting others in to action. april fools pranks, coming up next. look at this. the world's largest ferris wheel. it just opened in las vegas. it is carl the highroller -- it is called the highroller. ♪ >> this is "lunch money," on bloomberg television, streaming live online on your smart phone and bloomberg.com. april 1, a day when businesses and pranksters unite. google has owned its tradition, starting back in 2000 with the mental plaques. why did i not think of those products? seriously, only the brightest minds in the world could innovate and spend all of that money on ideas. here is what they came up with this year. >> at google, we seek to hire the most exceptional people. today, we are announcing a new job with a new challenge. master. >> that was alright. i like to google knows better. let's give april fools one more shot.

. >>> meantime, the tesla model is available in china and elon musk was on hand for some of the first musk and tesla. >> huge potential, sarah. huge potential. mainly because it's got a couple of things going for it. we'll talk about that in a bit, the fact that china is a huge market, as well as the pump for e.v.s. but this was the scene earlier today in beijing as elon musk was on hand for the delivery of the first model ss that have been sold in china. selling price? approximately $122,000, which i know that sounds expensive, but most people are saying that's not a bad deal compared to other luxury vehicles in china. here's what he told us earlier today in beijing in terms of the demand he expects in china. >> as far as our sales in china, it's difficult to make precise predictions. what we see right now is pretty strong demand. i think probably more demand than we can fulfill this year. >> as a result, they're already taking some vehicles that might have been shipped to europe or here in north america and shipping them over to china. tesla expects to sell 35,000 vehicles worldwide

hear fromnding by to spacex ceo elon musk who is holding a press conference momentarily that was announcedht in a mysterious e-mail to reporters, all happening in just a few moments. we will take you there live. is it game over for google plus? their efforts in social networking have not been wildly popular and now google plus googlect is leaving but says its strategy isn't changing. first, check out the top tech headlines. shares of amazon are down abo

elon musk says tesla will start making cars in china within three to four years.ctric car is about to go on sale in china. building in china will save tesla the 25% tariff the chinese impose on important cars -- imported cars. the south korean resident says the captain and crew committed unforgivable, murderous behavior . theivers continue to search interior of the submerged vessel, the confirmed death toll rose to 86. more than 200 remain missing. tomorrow, the u.s. supreme court will hear oral arguments in the aereo case. what is the legal issue the court will be deciding? by now, you may have heard about aereo. launched in 2012 and backed by barry diller, it allows you to watch broadcast t.v. over the internet. is aereo legal? here is how it works. in 13 cities, it has created antenna farms. these work much like the rabbit ears at home. they receive free signals from broadcasters like abc, cbs, nbc, and fox. aereo takes the signal and rescinds it to subscribers via the internet. you can watch live t.v. on your computer, tablet, and smartphone. aereo will let yo

elon musk will do that personally. we are expanding in europe. we will be in the u.k.arket and in japan with the right side driver-side. >> mark late had a were or get tesla model s had choked in the u.s.. patty respond? >> we respond -- how do you respond? >> we respond to the numbers when we see them. we have a different kind of business model. we are also now building for export overseas. explain ourust delivery process. there is huge demand for the product. they are working hard in fremont to produce models for the united states and elsewhere. >> thank you for stopping by. great to have you here. we will be right back with more t" aftermberg wes this quick break. ♪ >> welcome back to "bloomberg west." the senate judiciary committee has just wrapped up a earring on the comcast merger. peter cook is tracking the hearing. sounds like it will be a tough sell. >> i think that is a safe bet after what we saw over the last three hours here on capitol hill. senate judiciary members and top comcast executives over this merger between the number one and number two companies.

you just reference elon musk. you referenced tesla and goober. that have been around for a long time and we have a lot of money. and all of a sudden they jump in the middle of it. is that a rule for these guys? >> no, i don't think that it is. especially because a free phone calls that on the internet. in the senators, they were investigating this during the housing crisis. so these guys can't find the door much less some other theme that is going on out there. this is a big deal and also for the state. because they will lose a lot of tax revenue on this and unless they find a way to get ahead of that area. >> i think actually this is a healthy option for a smoker. i think the taxation is key. they can afford this. >> i would say so far it looks like a serious positive. >> you guys have earned the state today. we have good solid earnings and management. that will never go out of style. >> when i heard nothing but negativity, i was like what do you want. >> i'm with them. i think the earnings have been great. i think a lot of concern there and peo