that prompted a tweet from elon musk earlier today.e said, don't know which way paris will go, but i've done all i can toed a voice directly to potus, through others in white house and via councils that we remain, that the united states remain inside those paris accords. he was asked by a follower on twitter, what would he do if the president decided to pull out of the paris accords? elon musk tweeting we will have no choice but to depart councils in that case. he means multiple white house advisory councils, by our count he is on three of president trump's, including the manufacturing count sim the infrastructure council and others. he's been a valued person giving input here at the ceo level to this white house over the past six months or so. today, though, i asked sean spicer the white house pressing is, how do they consider elon musk now? he a trusted adviser on this issue and others? sean spicer said simply, look the president is getting a lot of input from a lot of people on this. that's howl we will say. elon musk certainly send

elon musk, have a lot to be happy about.s is a company that has no often delayed project launches, and now they are two months away track.theyand is on are going to get to 5000 illegal this year, 10,000 a week by next year. suppliers are ready. a lot for them to be happy about and be excited about. but of course, it's not the most explicit sort of earnings report. the bears are kind of winning now. there's fake news on the guidance of the s and the x, and wondering whether spending is not as heavy as anticipated. a lot emily: to chew on. the model three will be the car, mark -- mass-market and you wonder if the owners will be as forgiving as owners of the model s or the model x. in terms of quality expectations for the model three, how optimistic are you? reporter: it is paradoxical. productct $100,000 vehicle or any other product to be much better than one that sells for half or third that amount. but there is an issue that when somebody buys a model three, it might be there only car. model s withg a ludicrous mode, they ha

even though elon musk is presented asa even though elon musk is presented as a 21st century futuristicing, clean, revolutionary disruptor, the kinds of things you see when companies have really high production targets, thatis, have really high production targets, that is, a decline in health and safety is what we will see. that is what we are seeing in this piece. people are struggling. 10,000 workers. they have been called in for fainting, workers. they have been called in forfainting, dizziness, chest pains. and elon musk says we are not a giant behemoth, we are losing money. don't be unkind. but look at apple in china. people are struggling. we will have to leave it there. that was really quick and fun. it was! good to see you. hello there. well, the rain arrived earlier than forecast across the south—east of england during thursday afternoon and it's continued to move slowly northwards. but brought a very wet night for the south—east of england, east anglia, the east midlands, and getting in towards the north—east of england by the time we reach friday morning. further west, though

elon musk, we're looking at movers now. -- out withith he is earnings. it's focused on reducing debt. .ending their up 4.5% analogue devices reporting their numbers. is dock aal holdings bond sale. --billion is how much its aiming to raise. at least that is the aim of that move. we've got other healthcare movers as well today that we're a. but the shares are now down by 1.4%. not helping them. exact sciences up after united reverse decision that have not been improving the company colon cancer test. health will cover that it screening patients 50 to 75 years. those shares are jumping today. sciences is a small cap stock. i want to look at small cap thus for a this month. you got 2000 here in orange. in white and nasdaq in blue. you can see this month, we've pull back in the small worseock that it much what we have seen. another way to look at this, this has been one of my favorite charts since the election. looking at the the ratio of the 500. here's the election and the big on theformance initially person. small cap stocks will perform better. that has

tesla ceo elon musk says their electric truck will defy expectations of what a truck can do.ll continue to monitor both calls. this is bloomberg. ♪ emily: court is in session for alphabet's car unit waymo, and uber. at stake is uber's driverless cars ambitions. a judge will weigh in until when freezing the self driving car efforts injury issues a verdict. it's the latest phase of a courtroom that all over trade secrets that threatens to topple a central pillar of uber's growth strategy. joining me is eric newcomer who covers uber. what do you know so far about what is happening? >> the judge says he hasn't found the smoking gun in the case, but alphabet and waymo, their case is very strong. he seems to be convinced that the former head of uber's self driving car program took these 14,000 files. what he's not clear on is whether uber ever use them in a meaningful way. that is essential for the trade secrets case. emily: why wouldn't it matter? >> this suit is against uber. it is not a criminal question. it is not the subject of the suit. it is about whether uber benefited from

i think the psychedelic call that elon musk led -- >> that's what you call it now? >> that's what you have to call it now. mushrooms. one time it was plastics, but now it's mushrooms. but what i liked about it, how quickly the robots can move. now, again, one of the things -- behind the scenes the terminator comes up endlessly in california. >> yeah. endlessly. >> endlessly. >> some people -- i know everybody is talking sky net. >> well, because -- >> they're talking there, sky net. >> what happens if the robots can make 500,000 cars by year end at tesla, what that says what happened at intel when i visited a plant in israel. they put a plant in israel. people aren't allowed to work on saturday, how do you do 24/7? it's not people, it was robots and that was in the '90s and now the robots converse, they play the game go, they beat each other. >> yeah. so far, not having a huge impact on overall employment.

a new look today at elon musk )s plan to bypass l-a traffic. ==vo== musk shared this footage today >>> a new lack today at elon musk's plan to by pass l.a. traffic he shared this footage today of the underground tunnel. the boring company is digger a smaller version in the parking lot. he hopes to build tumbles moving cars on electric skates at 125-mile-per-hour. l.a. city leaders have not revealed whether a they've given the prjt the grown light. >>> some changes for anyone taking b.a.r.t. in or out of oakland. the station also be closed for track work riders can expect delays between 20 and 40 minutes. good news no closure on sunday. you have the warriors to thank for that. b.a.r.t. was originally going to keep that closure in place on sunday. but they cancelled that. that's because of gim one of the conference finals against san antonio. >>> well it's a long road trip. sacramento to china. governor brown is packing his bags. he will travel to china next month as part of a week long mission to promote clean energy. the governor will attend int

optimism on elon musk and his stock, tesla. ear from a hedge fund manager that says no, he has a warning for investors. they put too much faith in musk. rbnz yvonne: this is daybreak asia, i am yvonne man in hong kong. betty: i am betty liu here in new york. management demands for change are clouding prospects for an upgrade of the miner's credit rating. they are lobbying shareholders after they rejected calls for corporate overhaul and a spin off of oil assets. they went from positive to but want the uncertainty to end. yvonne: new zealand has blocked a proposed merger of the newspapertwo main publishers. they fail new zealand by blocking two local companies from gaining the scale and resources to compete. fairfax has a week long strike by journalists in australia, after being asked to axe a quarter of its editorial staff. confirmed thesk new model 3 will begin production in july. tesla announced a first-quarter loss that was wider than expected. model 3 production is critical to the company. they saw their share price rise nea

and tim cook, and elon musk. and tim cook, and elon musk. bute guys are awesome, america is a big, beautiful the everest country. -- diverse country. and for all the progress women have made, we are underrepresented in congress and the tech community. so why? why are there not more women in power? there is no question it is a structural problem, from workplace is commission, the systematic discrimination, to the lack of paid family leave, we have faced extraordinary challenges that men do not. but there is another challenge that we face and it is not structural, it is cultural. in our society we train our voice to be brave, to throw caution to the wind and follow passion. we train our girls to be perfect, to please, to play it safe and follow the rules, and of course, always get all a's. dominating girls are in the classroom, but falling behind in the real world. if we do not start teaching girls that success is a product of bravery and not perfection, they will miss their chance to build the future, and to legis

elon musk had a couple questions about production.hey did mention that model s and model 3 might be causing some confusion with people placing orders. he said they cannot quantify it. they have seen cases where people believe the model 3 will be like the model s. only offered at a lower price point they are saying emphatically in the investor letter, that is not the case. it will not have the same level of sophistication or features that you will get with the model s. here's elon musicals talking one of the first questions was on the future of electric mobility and whether or not it extends beyond cars. >> there is not any segment of transport that will not be electric. in fact, i am confident that all transport will go fully electric with the exception of a rocket. >> all transports going electric except rockets. >> of course, not rockets, phil, that would be inane. in terms of the shareholder letter, tesla is one of these companies that has a different distribution method for earnings. it looks like everything is on track. they expe

. >>> still ahead, the new test run from elon musk for a tunnel system that he says can make traffic jams a thing of the past. how it can take your car through los angeles in about five minutes. >> reporter: mother's day is around the corner. we speak to the flower experts about the kind of selection that's on hand after the wet winter we had. >> we have plenty of april showers so there should be plenty of may flowers. in fact there could be showers on the way. we'll have the forecast for you when the news continues. ,, says will help drivers avoid the traffic grid-lock across los angeles. "..." >>> tesla's ceo elon musk has a new project to help drivers avoid the traffic gridlock across los angeles. [ noise ] >> it's not hyperspace or a scene from a sci-fi movie. it's a test run of his boring company project. he named the company boring after being stuck in l.a. traffic. he didn't provide details about the project but he says the electric sled can transport you and your car through a tunnel at speeds up to 125 miles an hour. the company plans to run its first tunnel from l.a.x. to c

black: yes, and this is elon musk.his is kind of a little bit of tesla and solar city kind of getting together and coming up with the idea. elon musk is going to give us a little bit more of pricing as the day goes on. but the proposition, it's a base proposition. you get a roof that looks better than your normal roof. it lasts twice as long. it costs less and by the way it generates.danon: this is cool. these are all solar tiles. so it's like every tile is like a glass solar panel. . . .it's really cool.black: you and me would say, 'duh,' this makes sense right? but america's been very slow to embrace solar and i think the next president or the next governor of california should say every new building has solar on top of it. . .at least thirty percent of it. danon: these are amazing. those are solar panels.black: it's not going to be profitable for quite a while, but the black glass smooth and the texture tiles are going to be available first. the french slate and the tuscan tiles are going to be a little bit later bu

and is believed to have used technology stolen from the national security agency. >>> meanwhile elon musks newest business venture is up to. a warning, may cause you to get sick to your stomach. pictures from the boring company who started digging transportation tunnels under los angeles. musk says the tunnels will be earthquake proof but says be careful when watching the video because it may cause motion sickness and even seizures. today is the 20th anniversary of amazon.com's ipo. the stock has surged since. if you made a $10,000 investment back in 1997, it would be worth about $5 million bucks today. however, not many investors have likely stuck it out. amazon stock has suffered declines of at least 20% in 16 of those 20 years, including 64% plunge during financial crisis. back over to you. >> if we only knew. >> if only back in 1997. >> cnbc's landon dowdy. >> just ahead, paul mccarthy's star turn in the next "pirates of the caribbean." plus "snl's" spicy juggernaut a coast-to-coast record for the show. don't miss this. you're watching "early today." we can't stay here! why? terrible

and elsewhere, elon musk is making waves on social media once again giving an update on exactly whatcompany is up to, digging tunnels underground in los angeles. he posted a video on instagram showing hyperloop technology that could one day transport cars at 125 miles per hour through these tunnels. if you've been stuck in los angeles traffic, guys, you know th i back to you. >>> wow. really impressive. >>> can't wait for that. just ahead, paul mccartney's turn in the caribbean. >>> snl spies i rating. a coast to coast record for the lit night show. you're watching "early today". we can'twhy?y here! terrible toilet paper! i'll never get clean! way ahead of you. (avo) charmin ultra strong. it cleans better. it's four times stronger and you can use less. enjoy the go with charmin. hey, l'eggo my eggo. i don't see your name on it. really? ba bam! know the rules. keep your eggo. l'eggo my eggo. okay. fortified.tored. replenished. emerge everyday with emergen-c packed with b vitamins, antioxidants, electrolytes plus more vitamin c than 10 oranges. why not feel this good everyday? emerge a

they need to be up and running so there is enough trains to service the new station. >>> elon musk has a new plan. today we got to look at imt he wants to bypass traffic in l.a. musk shared this footage today of the progress. the company is digging a tunnel in the spacex parking lot. musk hopes to build a series of tunnels beneath l.a. that would move cars through an electric -- officials haven't said whether or not they have given musk the green light. >> no. no. >> get rid of all that traffic. >>> when we come back, we'll update you on the giants game and what happened to the umpire. stay with us. >>> some scary moments at the ballpark tonight. the game stopped, and touchdown park went sigh help. >> the home plate umpire got hit. giants in the red. watch carefully. a foul paul right into the ump -- not a foul ball. just a pitch. right into the ump's face mask. more than 90 miles per hour. the trainer rushedion to the field. evaluated the ump. after a few minutes the game stopped, they evaluated him, after a few minutes he was given the all clear. about five minutes ago he left the ga

elon musk raising the roof putting the roof tiles officially on the market. will they be able to weather the big storm. here's what healed us regular solar panels. we will show you how the panels hold up. and the world's second richest man. it is the number one threat to mankind. his company has been hacked at least the companies. they will tell us how hacking a lesson -- elections in the u.s. and france could possibly be bigger. count on coming right back. ♪ predictable. the comfort in knowing where things are headed. because as we live longer... and markets continue to rise and fall... predictable is one thing you need in retirement to help protect what you've earned and ensure it lasts. introducing brighthouse financial. a new company established by metlife to specialize in annuities & life insurance. talk to your advisor about a brighter financial future. breaking news hearings regarding the u.s. cyber security taking place on capitol hill. president trump quietly signed the long-awaited executive order on strengthening our infrastructure from cyber attac

. >>> tonight, elon musk is going full speed ahead to build an underground incomer of tunnels. this is a part of the giant booring machine. the vision to whisk automobiles along electric sleds at speeds of up to more than 125 miles an hour. they are digging a demonstration tunnel and a parking lot at spacex headquarters in hawthorne. elon musk plans to build the first tunnel from lax. >>> wind turbines generate clean power, but there is a downside. sometimes they are bird killers. but tonight there is a green energy breakthrough of a safer smaller alternative and it's designed for your own. it's a story you'll only see on kpix 5. >> we are generating electricity right now. >> reporter: the blades stand five-feet tall, quieter than a whisper. right now this turbine is generating enough electricity to instantly power a tv. >> we developed a very simple way and we love to generate clean energy using wind. >> reporter: where today you can find its turbines powering street lights. a part of the sheraton hotel. the renewable wind, energy start-up moved to nasa research park last year

elon musk again has come out and said our stock is overvalued. debate about the valuation of tesla. do you not think it's an overly expensive stock given there are still questions about whether it can hit its targets around the model three production? >> we look at tesla not as an auto stock. those who do look at it as an auto stock are comparing it to the oems and are finding it just ridiculously expensive. we don't look at it that way. we believe it's a technology company. we believe it's going to be one of the biggest leaders in what we call mobility as a service. we put out a white paper in march about mobility as a service. we think autonomous taxi networks globally will be a $2 trillion market. and they are going to cause natural monopolies. this again is based on artificial intelligence. data is the new oil. tesla is the leader in the united states. it has roughly a $55 billion market cap. this is a $2 trillion global opportunity. i think if people think about tesla in that light, they're not going to think it's overvalued. i know elon mus

black: yes, and this is elon musk.little bit of tesla and solar city kind of getting together and coming up with the idea. elon musk is going to give us a little bit more of pricing as the day goes on. but the proposition, it's a base proposition. you get a roof that looks better than your normal roof. it lasts twice as long. it costs less and by the way it generates.danon: this is cool. these are all solar tiles. so it's like every tile is like a glass solar panel. . . .it's really cool.black: you and me would say, 'duh,' this makes sense right? but america's been very slow to embrace solar and i think the next president or the next governor of california should say every new building has solar on top of it. . .at least thirty percent of it. danon: these are amazing. those are solar panels.black: it's not going to be profitable for quite a while, but the black glass smooth and the texture tiles are going to be available first. the french slate and the tuscan tiles are going to be a little bit later but this will also

of elon musk have a lot to be happy about.is a company that so often has to delay product launches, and this time they are able to say, two months away, they are on track. they are going to go into production in july, get the 5000 per week this year, 10,000 per week next year. suppliers are ready. a mod for them to be happy and excited about. but of course, it's not the most explicit of earnings reports. the bears are waiting out. the shares are down, there is vagueness about guidance on the full-year outlook, and why the spending was not as heavy as had been anticipated. a lot to chew on. emily: the model 3 will be the first mass-market car. you wonder if owners of the car will be as forgiving as owners of the model s or model x. in terms of quality expectations for the model3, how optimistic are you? >> it's paradoxical, right? because you expect a $100,000 product, or any other product, to be much better than one that sells for half or a third of that. but i think there is this issue that when somebody buys a model 3, it mi

emily: what do you have to say to the elon musks or stephen hawkings of the world who have concerns thatventually supersede humans, or perhaps even become us? >> i think it's all a question of timeline. i think elon is right in his remarks, that we have to be careful, specifically when it comes to ai. i believe the things that he tries to fund, they are great ways to get the knowledge out there to a broader base of people, and not just have too intelligent, isolated ai operating somewhere. when it comes to robots, i think they already augment our life. automation happened a while ago. while there are some areas where we still have to explore the impact, there are others where automation can't come fast enough. there are jobs that are simply not safe enough or secure enough for humans to perform this task, and that is something positive we should focus on. emily: and that does it for this edition of "the best of bloomberg technology." we will bring you the latest in tech throughout the week. tune in every day, and remember, all episodes are live streaming on twitter. check us out weekdays

and it's attracted multi- millionaires and billionaires, like elon musk and jeff bezos.layer is las vegas real estate tycoon robert bigelow, who, at 73, is making the biggest gamble of his life. not on rockets, but on expandable spacecraft-- large, lightweight structures that inflate in space-- a technology that could dramatically change how humans live and work in zero gravity. nasa has partnered with robert bigelow, who's an unconventional figure in the aerospace world. he's more at home on the vegas strip than at america's space agency, and he's obsessed with aliens and u.f.o.'s. in the spring of last year, he and nasa carried out an historic test to prove his high-flying technology is ready to support humans in space. >> three, two, one, liftoff... >> logan: when elon musk's space-x rocket roared into the skies above cape canaveral, it was on a mission for nasa, carrying nearly 7,000 pounds of cargo to the international space station: food, supplies and robert bigelow's expandable spacecraft. >> robert bigelow: flying to the international space station, is a really b

. >> you're buying elon musk and a vision. >> exactly. >> buying on the chart? >> exactly? if you're not using coal, it's all sol ar? >> that's it. >> i don't think it's happening next year, but that's the bet you're making. you're betting on more than a car company, that will grow into a disrupt of force. elon musk is a steve jobs-like character. you had a bet the iphone was going to be revolutionary. that's the bet you're make on tesla right now. >> based on what? >> elon musk, what brian just talked about, the fact that they're getting headlines now potentially moving into china. all things that are extraordinarily positive. the thing that i take away and i've said it for a while is, i don't think the institutions that own this stock in earnest will sell it here $100 down side from here. if they sell it, and trading $80, not $280, that might not make sense. but they have bought into the story, like bflt k. has, this stock is one -- i don't know who the inkr emental seller is. >> for this conversation, we're talking about the fab five stocks. isn't that true for all of th

you're talking to elon musk for heaven's sake.ot some regular circumspect captain of the industry. his answer, "yeah, i do. i think we need to come out with a model y. some time in 2020 or aspirationally late 2019 and i think a million units is most likely combined, maybe more." elon, why not just say, definitely more, or absolutely more, or at least aspirationally more. of course, there are fabulous moments where he says the tax credits to the electric car industry are hurting him. and the tax abatements from informed for the gig factory, they aren't even real. he ain't using no stinking subsidies. finally, rod lash from deutsche bank steps right up and asks about china and if the government will liberalize foreign investment and what that means about plans to build a lot of cars for musk there. why doesn't he just groove a hanging curveball right over the plate. musk sends it 440 feet into deep center bleachers this one. i don't think this is the right time to make an announcement on that front, but i would expect us to define o

elon musk is on a number of white house counsel. he will do, he said, we'll have no choice but to depart councils in that case. don't forget, though, that elon musk made a lot of his money because he is heavily subsidized and renewable energy from the government for those subsidies would only increase under the paris climate accord. some vested interest there. some breaking news, martha, tonight in a completely different issue, fox news has learned that the white house will soon publish all of the ethics pledge waivers that were granted to people to come into work at the white house. these would be former lobbyists, people working on issues that they are working on now in the white house. that will go on whitehouse.gov later on this evening. he click on the briefing room, then, the disclosures tab. that will take you to the ethics pledge waivers section. it has been speculated that dozens of people received waivers to come and work at the white house. i am told that the white house counsel's office, the number is more like 12. all o

i think listening to elon musk and seeing the projections that he makes. >> why did you have beer?>> it's cinco de mayo. if i had, who do you think owns corona? >> okay. them? >> constellation. did you think anheuser-busch did? >> no. i didn't have a corona. i had an anheuser-busch product. >> you should just pound that right now. >> you did think it was a.b. can i get some help. watch his head. ♪ i'm so happy. ♪ whatever they went through, they went through together. welcome guys. life well planned. see what a raymond james financial advisor can do for you. iit's where we end up.t, expedia. everything in one place, so you can travel the world better. ltry align probiotic.n your digestive system? for a non-stop, sweet treat goodness, hold on to your tiara kind of day. get 24/7 digestive support, with align. the #1 doctor recommended probiotic brand. now in kids chewables. thithis is the new new york.e? think again. we are building new airports all across the state. new roads and bridges. new mass transit. new business friendly environment. new lower taxes. and new university partne

elon musk tweeting out, threatening him to step down if they do exit this accord.hat is on the president's mind at the moment? rbnz president trump -- reporter: president trump is hearing a lot from both sides. other corporate leaders who have supported the paris agreement have been vocal about wanting to stay in. so has his daughter, ivanovic on. -- hisex tillerson daughter, ivanka trump. also, rex tillerson. es,t we are hearing from aid is not to stay in it. top cohn informed u.s.'s allies in europe it is likely the president would withdraw from the deal. we expected to play out over the next few days. betty: if he were to pull out of it, what is the number one reason for doing so? justin: for the president, his keystone, his guiding star, is american jobs. particularly the manufacturing and coal states that helped elevate him to a surprise win. this is an opportunity to lift regulations facing over the next decade and jumpstart some of those sectors. at the same time, a lot of advocates of the environmental deal say it is something that will help stem a new wave

a tribute, you could say to elon musk's visionary positioning.thes get milliken conference in beverly hills california where scarlett who is standing by with the chairman and ceo of state street. you mentioned, i am here with the chairman and ceo of state street corporation and before we get to your business and company, i want to get your made by on the comment the president to bloomberg news that he is actively considering a breakup of wall street tanks, putting in place a wife first century version of glass-steagall. what might that look like? the way people traditionally think about that is they think about breaking up credit intermediation from trading. my own view would be that's not necessary. we have some of the strongest global banks in the world in the u.s. and you have to go back to look at what we have done post crisis. dodd-frank, which everyone wants to bash them i think the foundational elements were completely appropriate. liquidity, a more resolution authority that is effective. most of those things have input in place. i don't t

expected to be in favor of leading this has been an line with other folks such as elon musk and ivankay in the paris agreement, we should also in theat earlier today wall street journal the officials say h.r. mcmaster and does not-- gary cohn mean they will go it alone. coming just off the heels of angela merkel suggesting they may have to put european interests and not wait for the u.s., withdrawing from the paris accord is looking to work with conservative aligned interest groups such as the koch brothers as opposed to predominate ideology that has dominated the business community. scarlet: somehow we managed to get the missile all caps asian without managing to talk about james comey. willingness to talk about testifying? we are all watching for him to a. i spoke to a senior source this afternoon he told and of the game plan is to have james comey testify publicly next week. before the senate intelligence committee, the sources i have talked to say that of all the folks who are anxious to talk publicly. he says it will be interesting nonetheless, they will definitely continue this i

or elon musk. 0k, obsessed with tesla! or elon musk. ok, let's move on.hat, 90% of cars in the uk are bought on finance. it is looking at whether people are overextending themselves over these lifetime plans, whereby you buy a car, change it every three yea rs, you buy a car, change it every three years, never you buy a car, change it every three yea rs, never really you buy a car, change it every three years, never really own it. if interest rates went up to five or 10%, what would that do to the value of the loan and how much you would have to repay? and that is the reason we have seen have to repay? and that is the reason we have seen such great car sales of late. nice to see you, good stuff. that is it from us on the show, same time, same place tomorrow we will see you. a lot of fairweather around at the moment but not in the sense of evenhanded. high—pressure dominant but look at the range of conditions being offered up. yesterday, the western side of scotland 20 degrees, if you please. fully exposed to the onshore breeze in the east, particularly in

thethe ambitious plan by elon musk to expand internet service for people all around the world >> we have more coming up on ktvu news right after the break ♪ ♪ ♪ ♪ ♪ ♪ to take advantage of this offer on a volvo s90, visit your local dealer. . >>> welcome back to ktvu news, all of the news, weather and information you need to know throughout your day. >>> the coming up space x plans to launch internet satellites is this year, we have peter young with us, what is elon musk trying to do. >> he wants to spread internet availability around the world. so what he is trying to do is use satellite technology in a positioning to provide broadband service to areas that would not otherwise be available for internet service. >> a lot of us in the bay area taking for granted that we get online but if you are in a hilly area that is a bit off the grid, let alone, living in isolated place in montana, you are stuck. >> you are, that's where the satellite technology has improved and the speed of the chips and the speed of the transmissions and the technology that we are using allows for this none geo stati

. >>> elon musk's space x is now working with the military. a spy satellite is heading into orbit after a blast off today from kennedy space center in florida. >> 3, 2, 1, liftoff. >> it took off this morning, a day after the skrubld launch yesterday because of a sensor issue. it is the first time elon musk's company has worked the military on such a mission. they said it will track terrorists and monitor the development of nuclear programs. >>> today's stunning results from the snow survey are a worry for california officials. here with the numbers and the implications. >> yeah. the numbers are staggering. this is video of today's measurement. it shows the snow pack is 190% of the historic average for may 1st. that's nearly double the norm. the last time we had this much snow was 19 years ago after a major el nino winter. now we'll show you the dramatic difference. the satellite images. this year, may 2013, look how little snow there is down the middle. now look at it now. this is in fact today. you can see the white here. that's lake tahoe.

chief executive elon musk told investors yesterday the company is on track to begin production of the car in july. a big test for tesla and shifts from a luxury brand to a mainstream automaker. testa shares fell 2% after hours. they are up sharply in the past year 29%. nicole: the federal reserve says get ready for two more interest rate hikes while wall street pushes back of the treasury secretary's idea to issue 100 year bonds. we will ask one fund manager all about this. let's check in on u.s. stock market futures this morning. dow futures up 54. s.b. getting six. nasdaq each a separate team. you are watching "fbn:am," your first look at morning markets and breaking news. fidelity, where smarter investors will always be. lauren: good morning, everybody. by 15:00 a.m. in new york. republican efforts to repeal obama carries gaining momentum. a house with the scheduled for today. house majority leader kevin mccarthy said republicans had the votes to pass it. the bill has $8 billion to cover people with preexisting conditions. insults were fined last and france in a french presidential

tesla's elon musk, apple's tim all appealed to the president to stay in the climate agreement. companies, including microsoft and intel, have signed a letter requesting access to clean technology. the letter will run as a full-page ad in the "the new york times and the wall street journal --in "the new york times" and "the wall street journal." the u.k. admonished prime minister may. corbin had said he would not take part without her -- corbyn said he would not take part without her. he was joined at the debate by representatives of the u.k.'s smaller parties. sri lanka has a death growing -- death toll growing from mudslides and floods. global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm alisa parenti. this is bloomberg. it's just after 5:30 p.m. wednesday here in washington, 7:30 thursday morning now in sydney. we are joined by bloomberg's paul allen with a look at the markets. good morning. paul: good morning. asx futures looking rather tepid, off about eight points right now. ride for a rough australian retailers o

zealand company that launched a 3—d printed reusable rocket and we have a long mask's space x —— elon musk'strump's space council if he withdrew from the paris climate agreement, so that will be interesting. interesting and exciting things happening in space technology, and whether that is getting close to the side or living on mars, this is the future and we are here. —— close to the sun. on mars, this is the future and we are here. -- close to the sun. the spacecraft will have to withstand images of 1373 celsius.|j spacecraft will have to withstand images of 1373 celsius. i would put the factor 30 on if i was going. maybe a higher factor, the factor 30 on if i was going. maybe a higherfactor, maybe the factor 30 on if i was going. maybe a higher factor, maybe factor 50! thank you very much. many thanks indeed. that is it. don't forget you concede the front pages —— don't forget you can see the front pages of the papers online on the bbc news website. it's all there for you — seven days a week at bbc.co.uk/papers — and if you miss the programme any evening you can watch it later on bbc ipla

elon musk who sits on a couple of advisory councils, one the manufacturing council, tweeted out, don't know which way paris will go but i've advised through potus and others via counsels that we remain. when asked by a follower what he would do if president does withdraw, he said we'll have no choice but to depart councils in that case. so elon musk, the person the president likes to have around to advise him, suggesting that if the president, neil were to pull out, he would pull out of his association with the white house as well. neil? >> neil: there's a lot of conscious ceos, whatever you want to call them, who might similarly bolt. we hear others on that council because of this will rethink their efforts. on the flip side of that coin, a lot of people think the climate accord is business for business. he's talking to a lot of people and talked to all of the european allies, talked to shinzo abe of japan last week because he wants to make a decision that he believes respects the environment to the best degree possible but also, if he were to adhere to the pacts, other countries woul

we'll continue to follow this braking news as the morning progresses. >>> now to elon musk. he's revealed plans of his new project that's aimed at bypassing los angeles traffic. musk shared this footage yesterday of the progress. it's called the boring company. it's digging a tunnel into space-x parking lot. he hopes to build a series of tunnels that would move on electric skates. those cars would zip along at 125 miles per hour. l.a. county officials haven't said whether they've given musk the green light. >>> b.a.r.t.'s warning and the number of tracks that b.a.r.t. has to run train on them. safety teams have been going door to door spreading the message to people who live near the berryessa station set to open next year. this is their message -- don't touch the tracks. >> it's extremely dangerous to go near a b.a.r.t. track. the unusual thing about santa clara county is that this is the first ground-based electrified track that we've had, so people aren't necessarily familiar with that. >> this is a look at the ten-mile extension to the berryessa station. it won't open til

what elon musk tweeted just within the past few moments saying i don't know which way paris will go,an to advise directly to potus through others in the white house and via counsels that we remain, that is, the united states remain in the paris climate agreement. he's asked by a follower on twitter what will you do if he makes the decision to leave? elon musk responds, no choice but to depart counsels in that case bp so musk there threatening to leave those advisory councils he sit on. by our count, he sits on at least three of the counce ims created by the trump white house. manufactures, strategic and policy forum and infrastructure council and as i say, a high-profile visitor to this trump white house and taken heat from democrats and liberals for continuing to engage with the president when they think he should back away, but now elon musk signaling on twitter this might be the issue that does cause him to break away from the trump white house, and as i say, i've asked officials here for reaction. none yet. but sean spicer will brief at 2:30 east coast time. we expect we'll get a

matt keller, abc7 news. >>> elon musk wants to drill tunnels under ground to solve the commute aboveed boring company. he started with think about a name for our first tunneling machine. and then 90 minutes later he tweeted, kind of like snoop dug. the puns. and musk plans to build the series of tunnels in l.a. because of the terrible traffic here, and just saying we have the same problems in the bay area. >>> the warriors are taking off for salt lake city at noon today as the round two series against the jazz shifts to utah. >> they just cruised from there, and they lead the series 2-0 now. the dubs have had the lead 94 of the total 96 minutes in both games. >> having not been tested yet in the playoffs -- >> i am going to switch seats with you next game. and then you let me know if you thought that was easy. >> all-star draymond green left the game with a knee injury, and then he came back and he says he will be fine for game three. >>> natasha, only one place you can watch the game. you know where that is? >> right here. >> our coverage starts at 5:00 p.m. tomorrow and that's foll