this summer says elon musk. ork times" took the story, so did we, he's good at the gee-whiz prediction that may or may not come true. that is buzz creation. >>> monday this week musk tweets big announcement thursday. that got coverage a big announcement from tesla here it comes, tesla owners will get software upgrades for their cars via the internet. i'm not sure that is earth shattering. this happens a lot. it gets buzz with pronouncements on batteries, reusable space rockets and hyperloop transportation. he preannounces building a factory and makes headlines. he is a buzz machine. that worries me for two reasons. are we in the media being played? i think we take his bait too easily, and do his gee-whiz visions bear out? that i'm not sure about. i know this. elon musk knows how to play the government. he lapse up those greaney tax credits and sells them for cold hard cash. remember what pt barnum said, i am a show man by profession, his biographer added this. his personal aim was to put money in his own coffers.

elon musk will tweet a new product on april 30.pect it could be storage batteries for people's homes. that brings us to the twitter question. would you live in a battery-powered home? tweet us at @flacqua. we are on the ground. ♪ francine: welcome to "the pulse." . the final day of nuclear negotiations. sergey lavrov has confirmed he will return to take part. sanction should be listed after a deal is made. what is the significance of the announcement? >> it is an important deal indicator. when sergey lavrov left, he said he was not going to come back unless there was a good chance of a deal. the fact that he is planning to come back this afternoon gives us the signal that something will be hold out. i think the way we are looking at it now it seems as if the two sides are going to come up with a joint text, even if not everything is resolved they will try to discuss the principal areas of agreement and they have three months to work out the technical details. francine: what is going to be part of the deal? john kerry talked about t

tesla jumped 4% in 10 minutes after elon musk strategically tweeted yesterday, here's the tweet -- joiningrancisco, michael robinson. mike, maybe i've gone out on a limb calling musk the p.t. barnum of the modern era. i think he's the master of buzz and the creation of buzz. would you buy that stock if you feel the same way as i do about elon musk? >> not if i felt the way you do about elon musk. i own tesla and don't want to sell it. i think this is an exciting development, you know, when you talk about solar and storage, it's solved the fundamental problem which is you've got this alternative energy if you cand use it right and directly there is no way to store it. to do it on a large-scale is kind of impossible at this point doing on the small scale. that's what we think this announcement is going to be home storage probably sold through the solarcity distribution that they have now where he's tied in. stuart: big enough to justify the statement, a huge announcement? >> i think this is an important announcement. this is a missing element in the whole rollout of alternative energy partic

check it out. >>> is elon musk trying to be james bond?shows tesla owners have a secret way if they can figure it out on how to turn their model s into a submersible. remember that lotus from the spy who loved me? with just a few clicks on the car's display board allowing owners to play secret agent. this feature's inspired by the s1 car, remember? boom, right into the drink. as it went deeper and deeper, she was freaking out. it actually turned into a submarine. but musk's 00 cars are far from his only futuristic invention. while the car he originally unveiled in 2013 was viewed as a project in science fiction, it is now becoming a reality faster than most thought. joining me now, hyperloop transportation technologies and jumpstart fund's ceo dirk alborn. first of all, the fact that you even have a company with the name hyperloop in it means it is very much getting to be a reality. what are you doing and how far have you gotten? >> so we have been working for almost a year and a half doing all the research and doing the finishing up the f

elon musk has a message for models drivers. it will be impossible for the car to run out of a charge. or impossible to do by accident. the unveiled the software update earlier today. he says tesla will have charging stations in most of the 50 states by next year. >> the charging network has grown dramatically. cory: the new model x will hit the roads this summer. joining us from washington battery expert and the author of a terrific book about the battle and search for a better battery. also from new york, peter o'neill. i know you are bullish on the company. what was the best news for tesla? >> managing expectations when the jen three product comes out. i don't think customers have anxiety. with the potentially smaller battery, ranging site he will be a bigger issue. -- range exide he will be a bigger issue. -- range anxiety will be a bigger issue. it will be tied to the giga factory. we will have the jen three -- generation three-car. cory: what are the technological limitations? getting this car to the masses. the average pr

what is elon musk saying about this on twitter? my surprise, when i went to check the punctuation of the earlier tweet, elon musk has blocked me on his twitter. scarlet: what? cory: it is fairly unusual. i cover the company and he releases financial information or information of importance on the twitter account, but -- scarlet: back story -- he blocked you from following him on twitter? cory: i don't know. it is unusual. i can still read the financial filings and talk to current and former executives of the company, but i cannot read his twitter. joe: you can login to twitter and see that. cory: there are also the fake elon musk tweets which are funny anyway. joe: that is a big deal. scarlet: i think that should be in your description on your twitter page. cory johnson, editor at large in san francisco. joe: "market makers" will be back after this. ♪ joe: coming up, did someone talk? investors want to know who leaked information from the fed. scarlet: and this doesn't have to do anything with today's announcement. joe: i believe t

on the back as the latest drugs come out. >>> later, tesla ceo elon musk holding a news conference. sold off immediately following his comments. what musk said that drove shares lower and how to trade it. that's ahead. when i was on wall streetnd music begins ] ♪ i felt trapped in that i was investing in a health care industry that i didn't believe in. for years i really struggled with this idea that people were making money off my illness and i wanted to do something different and so i finally made that change. [thunder and rain] [thunder and rain] [thunder and rain] news alert! message! email! calendar update! most of us admit to being overwhelmed by information at work. that's why ibm created verse. it uses powerful analytics to uncover hidden patterns in your email, calendars and social feeds. it continuously learns how you work. and helps you prioritize the people and projects you need to focus on. there's a new way to work and it's made with ibm. >>> time now for stock therapy. a number of the rumors and estates. so ow gino therapeutic soaring up 17%. that brings us to celgene

>> melissa, elon musk just wrapped up a q&a session at this tech conference.s supposed to be artificial intelligence in vehicles and the future of autonomous drive vehicles. elon musk had a couple of bold predictions, saying that look it's much easier than people think to develop autonomous drive vehicles. that technology is coming along very quickly. and when he was asked a about the future 10 or 15 years down the road listen to what he predicts will be the future of the type of vehicles we're driving right now. >> may outlaw driving cars because it's too dangerous. you can't have a person driving a two-ton death machine. >> that's right, he believes that perhaps some day, it will be outlawed that you will not be able to drive a vehicle, that it will have to be an autonomous drive vehicle. and brian, one other comment from him got a fair amount of attention. the fact that he says look tesla is considered the leader in electric vehicles right now. it wants to be the leader in autonomous drive vehicles. that's where the company is going, including third party f

cory: theodore o'neill, elon musk often sets a high bar. last quarter they said they would sell 11,000 cars. they sold 9800. we think of that as his own aspirations, or the promise from a public company ceo? guest: he knows exactly what he's doing. if they can get jen three to get to 350 miles, i'm not sure where they would [indiscernible] what they talked about today in their press conference was software not necessarily about the batteries but how to let the customer be comfortable with letting the car control the charging aspect, the planning aspect so you don't have to worry about running out of battery power. cory: to be fair, one might mock this it's a warning light coming on the dashboard. it does say, you are now about to drive beyond the range of the nearest charging station so if you don't turn around from the direction you're going right now i get to a charging station immediately, it's your own fault if you run out of juice, right? guest: what musk said today, in effect, is that range anxiety is a psychosomatic malady. it's tota

elon musk will make a general announcement on thursday.will reveal a solution to a major drawback on electric cars. it is called range anxiety. that is the fear of running out of juice as you are driving. elon musk says that the range anxiety issue will be addressed with a software update that will be deemed down to tesla owners. very high tech. that is your headline. vladimir putin has made his first public appearance in 11 days. that fueled intense speculation about his health. that was his longest disappearance from public view and more than two years. it comes just hours after reports on full combat ready this -- readiness and western russia. ryan chilcote joins us now in our studio with more. has been reporting on the kremlin for so long for us. you were saying that he looked rough? ryan: he was sweating a lot and he was very conscious of the fact that he was dealing with neighboring countries. betty: role some pictures of putin. ryan: he was very conscious of the fact that the press was looking at him. he made a joke about how it wou

ceo elon musk says he's about to >>> breaking news in dublin, four new homes under construction up in flames in the area of vinton avenue and kinsly street. christin ayers is there. >> reporter: four homes in this area in suburban dublin burned tonight. they were all under construction. luckily no one was hurt. a viewer slot this video earlier today. the -- shot this video earlier today. the entire structure is engulfed in flames shortly after this fire started at 9:00. the wind blew a few embers and started a few smaller fires that were quickly put out. the smoldering frames of the partially built homes, firefighters told us they had a tough time getting to the area because it's a new development. the streets aren't quite in the mapping yet. >> we had multiple calls for homes on fire in the area. we didn't know the actual location because it's a new development, unoccupied. so our crews had to navigate through the neighborhood to find the fire. when they arrived, they called for a second alarm due to the volume of fire. there were four homed in framing stage under construction that w

elon musk gearing up to speak about the future of the auto industry.ill he say anything about tesla's future. all the details and headlines as they cross. the favre kicking off a two day meeting. what will rate hike means for high paying dividend stocks like the utilities. back to you scott on the halftime report. >> the concern over nfl player safety growing louder today on news that a rookie is taking an early retirement to protect this health. dave brings who joins us from stanford. welcome back. good to see you, bud. >> hey buddy, good to see you. this is a huge story. >> i read one columnist i think at "the washington post" who said this was, quote, the beginning of the end for the nfl. i mean this is not some random player, he's young, did lead the league in tackles for the second half of last season. this news a shock to everybody. what are the bigger implications? >> this is a huge story because he is 24, he is a future star in the nfl lid the league in tackles, rookie -- defensive rookie of the year vote. is this going to trigger an avalanche

thanks so much, rick santelli, in chicago. >>> just a few minutes tesla as ceo elon musk will hold ance call that in his words will end range anxiety. phil lebeau is live in chicago to tell us what to expect. phil? >> kayla, we'll be on the call that starts in about 15 minutes. it all revolves around the question, how do you end range anxiety for people driving a tesla model s or any electric vehicle the that concerned they will run out of juice, go too far not near a charging station. here's the update we're going to be hearing about in about 15 minutes. we don't know the details but we know that elon musk the ceo of tesla will give an update in terms of what he says will end range anxiety that involves an over the air software update that tesla will be pushing out to all model s vehicles. any of the vehicles that they've built so far and delivered here in the u.s., they're going to be getting this update and really worldwide as well. the model s range according to the epa, 270 miles. remember, just a few years ago, the big push at tesla was to expand its super charger network. thes

. >> what is the future of elon musk? >> obviously he will build the iron man suit.ause] [laughter] >> i think it is obvious. obviously, in the suit, he will fly to mars. he has some work to do between here and there. there are some basic inventions he still has to master. there are three guys, three founders who are really revolutionizing. we are a lucky industry. we have all these people who are incredibly well-known known and built these amazing companies. certainly one of those. peter teel, elon musk, and larry page -- you talk to them and listen to what they stay -- what they say, their ambitions and aspirations are another step up from the rest of us. the audacity -- look at elon's career -- to start a car -- and electric car company. the one thing you knew in 2005 is you should never start a new car company. the one company you know you should never start in the united states is a car company. the other company you should never start is a rocket ship company. he is just getting started. he is in his mid-40's. here on earth he has another 30 , years here on ear

i think tesla elon musk in particular is technology centric.st a device. >> is elon musk comes up with a battery that truly is a revolutionary, if you can do that and you get my vote. until then, i am a skeptic. out of time. keith fitzgerald. you heard it here first. as klein told us about the efforts to undermine hillary clinton. valerie jarrett was the one who leaked information about hillary's private e-mail use to the press. and client is here. you have good sources that say it was valerie jarrett. >> in this case, i have the resources. these sources did not know each other and they independently told me the same story. valerie jarrett in a sense of vengeance launched a series of investigations in the state department. the e-mail scandal is the first shoe to drop. >> six investigations opted by valerie jarrett. the e-mail scandal. it was valerie jarrett that provoked that investigation. politically that is really antagonistic. >> yes it is. you have to think about something else. she gives the orders of the state department to do these inve

elon musk hyperloop is on the way.'re learning about the project headquarters when we come back. >>> good morning, everybody! looking in and around the bay area, we do have the good guys car show taking place this weekend with the temperature topping off at 75 degrees at the alameda county fairgrounds. expect sunshine some pretty warm conditions but much cooler than what we have experienced today. today's highs near and record warmth. we'll pinpoint your area as the news continues. >>> and we're off to a good start on the roads and mass transit is just picture- perfect. no delays for bart, ferries and caltrain or "ace" train number one which just left the central valley. we'll have a check of "kcbs traffic" coming up. >>> 4:54. the futuristic high speed hyperloop is another step closer to reality. the company behind the transportation project has leased warehouse space in downtown l.a. the project is from the mind of elon musk who is also behind tesla motors. it would use vacuum tubes to transport people from the bay a

. -- elon musk has to say about the car industry.hing for a bottom as sales of crude reached record highs. ♪ betty: here is a look at our top stories this morning. president obama taking aim at house republicans and their new budget plans. he called the budget a path to prosperity for those who are already prospering. >> the authors of this budget were careful not to get too specific about what they propose. they imply that no matter who you are some of the else is going to bear the burden. it is the opposite of middle class economics. it doubles down on trickle-down. betty: republicans have unveiled their own budget it will repeal obama care make cuts and welfare programs. the oil rally is not lasting long. futures fell more than 3% today. west texas intermediate selling for under $43 a barrel. the federal reserve cut it as s estimates for interest rates. there is no choice but to leave production unchanged to maintain market share. china mobile launching its market value -- watching its market value he wrote after the company poste

emily: what is the future of elon musk? mark: obviously he will build the iron man suit.ughter] i think it is obvious. obviously, in the suit, he will fly to mars. [laughter] so he has some work to do between here and there. there is basic inventions he still has to master. there are three guys, three founders who are really revolutionizing. we are a lucky industry. we have all these people who are incredibly well-known known and built these amazing companies. marc is certainly one of those. peter thiel, elon musk, and larry page -- you talk to them and listen to what they say or read the stuff they write, and their ambitions and aspirations are another step up from the rest of us. and so the audacity -- look at in elon's career -- to start an electric car company. people now forget that the one thing you knew in 2005 is you should never start a new car company in the u.s. the other kind of company you knew you should never start would be a rocket ship company. and he is just getting started. he is in his mid-40's? he has another, who knows. here on earth, he has another

and we certainly had fundamentally speaking, elon musk tweeting. that adds volatility.there anything that would cause the move to fade to match up with the chart? >> what i would just say from the technical standpoint which is what we know here is that it's relative strength or value versus the market is not there. what's been a decent sector, we get nervous when a name, a headline name like this doesn't keep up. i would also just say with respect to lower oil, that probably doesn't help this chart either. the pure plays, the gms and the fords are likely better beneficiaries of an environment where energy and oil prices are lower. not this one. >> chris, real quick, yesterday you saw the stock trade down to 180. lower highs, lower lows for some time. it will trade down to the main lows, hold and bounce. which is pretty much what we saw yesterday. do you see a double bottom here at the 180 level? >> i think you can probably get a bounce to call it 195, 200. i'm a seller up there. i think ultimately the trend here is still lower. until we get a sense we're being paid to o

elon musk saying over the weekend in 10 years, we will beheaded there. a former astronaut is with us a little later. here's a look at the top story this morning. iran nuclear talks are entering and crucial phage today -- crucial phase today. tomorrow is a self-imposed deadline for a deal to stop iran from building atomic weapons. the white house said it is time for iran to bend if it wants stations listed. >> we have been negotiated -- for over a year. time for them to decide whether or not to make the serious decision required. betty: the ultimate deadline is the end of june. airstrikes are targeting shiite rebels. iran is backing the rebels. the apple ceo tim cook is denouncing the indiana law. he says the law is biased and dangerous and it would let businesses refused to serve gays on business grounds. indiana governor mike pence says the law is to stop government overreach. mike pence: it is very simply to empower individuals when they believe that actions of government in page on their constitutional first amendment freedom of religion. betty: the l

and jeff bezos turns to elon musk.er: in the loop with betty lou is brought to you by tv a merit trade. betty: welcome back to "in the loop." where 30 days away -- 30 minutes away from the start of trade. today is a key part of the bank's long-range quantitative easing plan. some european officials say the new greek plan to avoid default may not i had up. finance ministers have been studying the proposal to sell to creditors, however the euro zone of chairman says the proposals are far from complete and without more aid they could run out of cash later this month. some republican senators are jumping into the base. the president says the u.s. will walk away from the talks with iran because if they cannot prove they are not building nuclear bomb. the major credit reporting agencies say they are going to make it changes the catch jurors and improve accuracy. the companies are aqua fax, experience and trans union. the ap says the deal will help consumers nationwide and those are your top headlines. we are 30 minutes away

and plus, tesla ceo elon musk taking to twitter saying he's got a major announcement on the horizon. it's not a car. the details just ahead. but first, we start with what else, the broad-based rally we saw on the street after last week's heavy selling. all throw of the major indices seeing gains and the dow is jumping up. so tonight we asked the question, how real is this rally and dan nathan, can you trust it? >> of course you can trust it, we're going up here. listen, when you think of it, everything participated today. but there were a few things that didn't participate. i think it's worth noting when you think of it, apple is up 3%. huge gaper here -- gainer here and there were tech stocks that didn't trade well. alibaba, facebook all day on the down. that's more than $1 trillion in market cap that did not participate in the rally. so when you asked the question can you trust it, yeah, sure. it seems like a little bit of a quarter end window dressing especially for a quarter that has been kind of volatile and is basically set to close flattish. >> so karen, dan kind of went there

betty: elon musk, we need more charging stations. scott, great to see you this morning.eep holdings soreness through the opening bell, and as stocks begin to trade, i want to bring in tom lee now, cofounder of fundstrat global advisors. staying with me is julie hyman and mike reagan will be joining us in a few moments, but so much focus has been on how much the dollar has eroded, so much to be the first we have seen in five years or six years. you actually say there could be some surprises on the upside with oil. mike:tom: that is right for some -- that is right. energy earnings are down year over year. that is the big hit that has taken place. i do think we have only seen one side of this cut, which is oil cut on the top right in activity, but no company has said there is a margin benefit and no consumer says, "i have that money." betty: why is that, by the way? tom: we had some conversations last week with some managing teams, and one of the most interesting was a building products company that said they are waiting to see where oil settles, because of oils stabilizes

. >>> plus according to elon musk driving your car could one day be against the law. what he's talking about and how it could affect tesla going forward. who said radio is dead andy cohen is with us to break down his move to sirius xm. dow down 68 points. "squawk alley" is back in a minute. [ male announcer ] your love for trading never stops. so if you get a trade idea about, say, organic food stocks, schwab can help. with a trading specialist just a tap away. what's on your mind, lisa? i'd like to talk about a trade idea. let's hear it. [ male announcer ] see how schwab can help light a way forward. so you can make your move, wherever you are. and start working on your next big idea. ♪ and start working on your next big idea. now with the you can watch live tv anytime. it's never been easier with so many networks all in one place. get live tv whenever you want. the xfinity tv go app. now with live tv on the go. enjoy over wifi or on verizon wireless 4g lte. plus enjoy special savings when you purchase any new verizon wireless smartphone or tablet from comcast. visit

>> right now, michele, a conference call, elon musk is updating everyone on the software updates thatla has been teasing over the last several days for all model s vehicles. he said it would end range anxiety. here's what tesla will push out to their vehicles trip planner, essentially in your vehicle as you're going over long distances the vehicle will automatically map out your route and say, this is where you need to stop in order to have enough miles to make it to the next charging station, et cetera, a range assurance feature where the vehicle will be monitoring the range so it will tell you you're running low, this is where you need to recharge your vehicle. elon musk basically saying it's going to be impossible to run out of mileage if the future unless you purposely try to do that. and finally, perhaps the most interesting news, guys, is something he said about the next software update which will probably happen in about three months, three and a half months from now, it will include auto steering. tesla is currently test driving the auto steering feature between san francisco

when we come back what elon musk said on twitter that's send tesla shares higher.m south by southwest. the dow is up 163. don't go away. >>> go to cnbc.com for the online segments later today. catch the live action version 2:00 eastern time on power lunch. more "squawk on the street" back right after this. organic food stocks schwab can help. with a trading specialist just a tap away. what's on your mind lisa? i'd like to talk about a trade idea. let's hear it. [ male announcer ] see how schwab can help light a way forward. so you can make your move wherever you are. and start working on your next big idea. ♪ ♪ it's more than a network. it's how you stay connected. with centurylink as your trusted technology partner you get an industry leading broadband network and cloud and hosting services. centurylink. your link to what's next. >>> elon musk used his personal twitter handle to announce some news. phil lebeau with that. >> you know how this works. elon musk sends out a tweet and people immediately start speculating, what is he up to? here's the tweet he sent out

elon musk, mark zuckerberg want to change that.tartup called one web, once to get the world online by 2019. they have big partners, purging galactic qualcomm, honeywell. basically, netflix on your flight. joining me from washington dc is the founder and ceo, gregg weiler. walk me through it. >> our mission is to enable affordable internet access for everyone. that comes from the way we are doing that and building satellite systems. it is a priority we required over two gigahertz of spectrum. that is allows us to build a system of 10 terabits of capacity. that is more than all satellites combined today. that capacity will be useful for emerging markets, schools, health centers, and to expand their own internet access. we have a lot of extra capacity to be provided over oceans and develop markets that can be used in aviation, maritime, oil gas, and other markets. that looks like an incredible amount of satellites. how much will that cost? what is the r&d for you guys? we are spending over $2 billion for the whole system. alix: how ha

meanwhile, elon musk held court yesterday. he announced the software upgrade that would guarantee you won't run out of battery power. this is part of the call yesterday. >> it's basically impossible to run a unless to do so intentionally. betty: he said by this summer autonomous driving will be here. we will be able to drive your tesla or sit back and let your tesla drive itself. look at this chart from yesterday. you can see that almost straight down. that is what he first made those announcements. it shows that investors were basically not impressed. why is that? jamie covers that forest. he is joining us from detroit. he added a couple of bonuses here. jamie: there had been so much excitement. that morning before the announcement, people were getting worked up about what it might be. that was it? it was something. it was significant if you look from the beginning of the week when he tweeted it out on sunday. the stock was going up and up and it came back about half. that is improvement. there is more value there. there was

elon musk does it again.s got a boost yesterday, about a billion dollars after he tweeted major new tesla product line, not a car, will be unveiled at our hawthorne design studio on tuesday, 8 p.m., april 30. no more details, but let the speculation begin. julie: there is talk that it will be some kind of storage battery in your home. if you have solar patterns -- solar panels, that is the conundrum about renewable in just -- renewable energy getting it to stick around. you want something to store it like a battery. betty: so using a car in many ways as storage? julie: no, having an actual unit in your home. bob: we are taking a story here. elon musk belts. -- belched. betty: i hope he is not paying a pr or marketing team, because he does it all himself. bob: but you know, he's the man. in all seriousness, let's get away from fossil fuels already. he is one of the guys to count on to do that. betty: he is the guy that other guys want to be, or that they want to hate, too. bob: ok. betty: if you are in san die

tesla was the dream of elon musk, the businessman who dreamed of changing the american car, and the wayy them, direct from the manufacturer. >> he wanted to make an electric vehicle that didn't suck. >> reporter: did he succeed? >> i think he -- he succeeded wildly. i think he even surprised out. >> reporter: but another unwelcome surprise a battle with major car dealership organizations. they want tesla to conform to the traditional model of selling cars, through independent dealerships or else. will there be a day where teslas are for-sale in all 50 states? >> certainly that's our intent. "america tonight." >> we have been mischaracterized in a lot of the media and some of the dealer associations as -- as trying to destroy the dealer system, to eviscerate the dealer system, and, you know, what i say, is look, if the dealer system is that week in and of itself then it can't tolerate competition, then it is probably not as good as all of these dealers argue that it is. >> now fast forward. georgia lawmakers trying to pull a plug allows tesla to sell directly to customers. expect the nex

elon musk saying tesla will have a new product on april 30th.ayor new tesla product line will be unveiled. the company is not commenting but it's expected item is a nation stair stationary battery storage system. the stock moved about 4% in the ten minutes following that tweet being posted by musk and this tweet he posted generated a hashtag. so a lot of people out there fans and guessing as to what he is going to unveil. >> but i don't think it was just the new product announcement. it was the optimism about china and he admitted that's where we have made mistakes. so he is very optimistic about the long-term performance in china and that tweet added $1 billion to company's shares. just that one tweet. >> the importance the relevant role that social media is playing now and not just for exhe pressing our views but for company leaders to express their views and then generate stock action if you will. as you and i were discussing the first hour the stock has been on a volatile run over the past couple of months. >> it's down from 25% over the las

elon musk hinted on twitter a new software update will end what is known as range anxiety. odel gets 208 miles per charge. musk did not say how much the battery life will increase. tesla cars can get upgrades without going to a mechanic. just like smartphones. >>> good news if you are a binge watcher. you may be able to stream "seinfeld" soon. sony is in talks to sell the rights to the sitcom from the 1990s. according to "the wall street journal." hulu and amazon are in talks to buy the rights to stream the show. the deal could fetch a lot of money. sony could fetch $500 million per episode. netflix considered adding the show to the lineup last year but chose to pass. >>> a lot of news. secretary kerry continuing negotiations with iran. "new day" starts now. >>> negotiations between the u.s. and iran has >> negotiations have begun. >> are you going to apologize for this letter? >> not on your life. >> three british teenagers facing terrorism charges are out on bail. >> the teenagers were stopped in turkey. >> it is believed they were planning to join the group isis. >> could

>> in, just in general i really look up to elon musk.omeone i aspire to be because he, he really saw potential in the dot-com business with paypal when he sold it. instead of buying a yacht and retires, he invested the money in tesla and spacex. i love he is forward thinking. what he is doing with hyper lube and how he is changing the space in not just type but also clean energy with tesla and, solar, sorry. can't speak right now. with solar panels. i'm really excited to see what he is doing with his career. definitely someone i look up to. jack ma is someone else. >> alibaba. >> he when, no one believed in that space he did it. when no one believed in him he was able to build this business. now he is giving back to the small mom-and-pop shops, independent business owners america. helping invigorate the economy. he is someone i look up to too. he is worth billions but he is giving back. >> there is so much to talk about. the michelle phan. >> thank you so much. >> great to have you. melissa, we'll send it back to you in studio. melissa:

tesla's elon musk thinks so.lead autonomous driving. ♪ betty: let's get back to bringing you the most important stories before the bell. michael holland as well as alex sherman joining me. number four tesla has a big announcement tomorrow. they may be moving beyond electric cars and into self driving ones. elon musk says we are going to take autonomous cars for granted and tesla will be the leader in the market. how far are we? you were asking this. from autonomous traffic -- economist cars. michael: it is easy in the u.s. to introduce it. lawyers will not have a field day. alex: people will just sign-up. a big issue is going to be safety. elon musk is hammering this home that autonomous cars are safer . in some ways that make sense. driving is one of betty: the most dangerous -- as long -- betty: as long as the computer works. alex: it is going to be a psychological challenge to get people to cede control to the machine. we will have to do it slowly. michael: he said in the future it will be criminal to drive yo

yesterday elon musk hinted on twitter about a software upgrade that could end the range anxiety. that's in reference to the range of miles the car can travel. right now the electric cars get just over 200 miles per charge, but that could change on thursday when musk plans to make his announcement. >> i drive around on low fuel light all the time. i did not know that's range an anxiety anxiety. a branding thing. >>> so you can't put a price on love, but you can put a price on weddings. >> weddings costs are at their peaks. those numbers don't grow. but a real weddings survey says -- >> the average cost of a wedding alone has reached an all-time high at more than $31,000. that's up more than 4.5% since 2013. this is the fourth year in a row the cost has gone up. the survey says 70% of weddings cost between $10,000 and $65,000. sam, you could probably attest to this. you've been to like nine weddings this year. >> i've been to quite a few. sounds like you have to take out a home mortgage to be able to pay for it. >>> 11:16 right now. firefighters in southern california are being cre

tesla ceo elon musk says he's about to unveil something big.not a car. >> i'm ryan takeo live in san francisco. the alcatraz ferry landing could have a new home. coming up why some locals despise the plan. >>> time check 5:44 on this last day of march 2015. good morning everyone. we are taking a look out towards sfo. where we have some patchy clouds there and some very gusty winds up to 25 miles per hour. the winds and the impact on our local airports, the details as the newt continues -- news continues. >>> people living in the east bay may be tasting and smelling something a little off in their water. east bay mud says it usually draws drinking water from the bottom of the reservoir. but on thursday, the agency started take it from the top portion of the reservoir because of the drought. the new location has warmer water and some algae but it's treated and safe to drink. east bay mud says it's fixing the problem and the taste should improve soon. >>> national park service could be moving the alcatraz ferry landing again. all in hopes of findi

elon musk tweeted a software update is coming intended to end range anxiety the term he refers to affects some drivers who are afraid to test the limit of the battery's range. he has a news conference scheduled for thursday morning. >>> remembering an heir legend. up next, the famous san franciscan who had everyone looking up in the sky. >>> and it sure has been great weekend for being outside, but what is the work woke looking like? abc7 news meteorologist drew tuma has the forecast. >> march madness anyone? we have your top seeds as the big dance is ready to roll, and jordan spieth was on a roll on the pga tour. all >>> a ceremony today to arm local stunt pilot who died in the san francisco bay a 100 years ago. lincoln beachy put on an air show for 50,000 people in 1915. the san franciscan attempted a death dive where he would push his plane straight down and pull up the last minute, but he crashed his plane and drowned. a wreath whereas dropped in the waterfront near fort mason between piers 2 and 3 where he died. >>> nice to remember. over to abc7 news meteorologist drew tuma with a c

elon musk tweeted a software update is coming intended to end range anxiety the term he refers to affects some drivers who are afraid to test the limit of the battery's range. he has a news conference scheduled for thursday morning. >>> remembering an heir legend. up next, the famous san franciscan who had everyone looking up in the sky. >>> and it sure has been great weekend for being outside, but what is the work woke looking like? abc7 news meteorologist drew tuma has the forecast. >> march madness anyone? we have your top seeds as the big dance is ready to roll, and jordan spieth was on a roll on the pga tour. >>> a ceremony today to arm local stunt pilot who died in the san francisco bay a 100 years ago. lincoln beachy put on an air show for 50,000 people in 1915. the san franciscan attempted a death dive where he would push his plane straight down and pull up the last minute, but he crashed his plane and drowned. a wreath whereas dropped in the waterfront near fort mason between piers 2 and 3 where he died. >>> nice to remember. over to abc7 news meteorologist drew tuma with a check

yesterday, elon musk hinted on twitter about a software update that could end quote, range anxiety. it's in reference to the range of miles the car is travel. as of right now, they get just over 200 miles per charge. that could change on thursday when musk plans to make his announcement. >>> tech world, mixed news for apple surrounding it's latest gadget, the apple watch. new poll shows that nearly 70% of americans are not interested in buying that watch. so they say. many don't even know about it, but a silver lining here, 13% of people who don't own an iphone say they're thinking about grabbing one of those just to get the apple watch since you need a phone for the watch to fully work. >>> an argument that truly for the birds makes off a proposed bridge design in its tracks. mercury news reports bird enthusiasts are shooting down the winning design selected for landmark bridge in palo alto. the pedestrian and bicycle bridge will replace the current under crossing at adobe creek. environmental groups believe the high arches will be a danger to birds at a nearby preserve. the archit

. >>> tesla's founder elon musk is promising a major announcement this thursday.s tweeting the announcement and it droves up shares more than 3%. analysts believe the news will involve a battery. the consumer battery would be used in homes and businesses. >>> start of the week a pleasant day outside, but could see windy conditions coming. >> we do have some changes coming our way. it's all getting sparked by this cold front moving throughout california. and the main impact will be the wind. it is just so sad. we actually finally get a storm system moving in and there's not a drop of rainfall right now in california. so the only thing we're getting behind that are these north westerly winds. 20 to 25 miles per hour. it's a slight difference dropping the temperature, anywhere from three to four degrees cooler. we'll take you outside look at the sky cam. uniform temperatures from the south bay to the east bay with widespread mid first and the cloud cover in place. so if you have plans early on tomorrow do expect clouds to start. even on down to the south bay. we'll h

. >> what is the future of elon musk? >> obviously he will build the iron man suit. [laughter] i think it is obvious. obviously, in the suit, he will fly to mars. [laughter] so he has some work to do . and so the audacity -- look at elon's career -- to start an electric car company. people now forget that the one thing you knew in 2005 is you should never start a new car company in the u.s. the other kind of company you knew you should never start would be a rocket ship company. and he is just getting started. he is in his mid-40's. he has another, who knows. here on earth, he has another 30 years. [applause] >> if peter thiel can discover the cure for immortality. you said on twitter, your startup is not the next whatsapp. what is great is that you actually write back to people. somebody wrote to you, and you wrote back, what is something new? what is something new? >> we are trying our best to find it. peter thiel talks about this. the point peter makes, and i agree with that, is there never is one. there will never be another microsoft. there will never be another

. >> elon musk has said starting a company is like staring into the abyss of death. i have heard other entrepreneurs say it's like swallowing shattered glass. here you are, 20 years old. did you have any of those moments along the way, where it is scary, it is hard? >> of course. it was horrifying. there have been some, plenty of absolutely stomach turning moments. plenty of nights without sleep. moments where you feel like you totally screwed everything up. it is all over. you get pretty used to those moments. you get through them, at least in my role. you get through them knowing the team needs you to be an optimist, to be positive. to see through to the end of it. even when you can't really see, you need to be the one to paint the path forward, show the team how we are going to keep going. the big moment for us, a public one, was a few years in when we started to get some popularity or traction. all of the sudden, the site started going down. we could not keep up with the scale or the growth we were seeing. the embarrassing thing for me and the team was, we though

. >>> when elon musk tweets wall street listens and reacts. but is this kind of reaction to tweets really a good thing? >>> and vladimir putin emerges after a mysterious. the world wants to know where exactly was he. and against all odds could russian stocks actually be a buying opportunity. we'll have a guest coming up. stick around. -800-345-2550 [ male announcer ] your love for trading never stops tdd# 1-800-345-2550 even on the go. tdd# 1-800-345-2550 open a schwab account and you could earn tdd# 1-800-345-2550 300 commission-free online trades. tdd# 1-800-345-2550 so when a market move affects one of your positions, tdd# 1-800-345-2550 schwab can help you decide what to do. tdd# 1-800-345-2550 with tools like free live-streaming cnbc tv tdd# 1-800-345-2550 that give you the latest financial news and trends. tdd# 1-800-345-2550 and bubble charts and price charts that let you see exactly tdd# 1-800-345-2550 how market activity is affecting your positions. tdd# 1-800-345-2550 so when the time comes to decide whether to scale in tdd# 1-800-34

elon musk announced that they hope to ease the range anxiety of the battery dying. they are will hope for the tesla to self-steer. >>> and it is a buzz kill? the company behind guinness johnnie walker and smirnoff is spearheading a move for labels that includes calories, and fat and carbs, and you will see the new nutrition labels on bottles within the next few months. okay. now you know what you are drinking. up next, mindi balk withthe bracket busters, and maybe the sharks are going to save their season. >>> well there has been no angel in the outfield for the giant s giants' last three game, and looks like he is going to be missing three more days. angel pagan received an injection to relieve the pain in back. it is a new area and not where he received surgery to relieve a bulging disk. bruce bochy expects him to the miss three or four days at least. bochy wants a better brand of ball, and joe panik delivered it in the top of the third. that is the third home run of the spring and then brandon belt goes deep. this is to left. the third home run of the season. the