kate tesla managed to get gigafactory up and running within a year in china but this is germany did someone forgets to tell us that. well dan if someone forgot to tell you on most that he certainly find as you mentioned i'm on the front lines of this protest between those who want to get this gigafactory up and running as soon as possible and those who want to do everything in their power to stop but as you mentioned we are here in germany and there is a process for everything so while tessa has got the green light for this project it hasn't yet got the construction permit for it and that's because before that happens there's a chance for citizens to voice their objections to this project and the period by which they must voices objections isn't until march the 5th night despite the us as you can probably see behind me tesla has already started falling the trees and this is what the glue that leak and vironment will group says is against the law and now it's up to a court to decide whether or not tesla i could continue work ok let's talk about those trees in a moment of all let's talk about

hey, kate. >> hey, carl tesla appears to be the new fan favorite we have fresh data showing millennialetail investors buying up the automaker this week numbers from start-up showfi show it's the number one holding on that trading app. it passed apple for six straight trading days traders bought 20 times more tesla stock this week than on an average week and wednesday tesla made up the largest dollar amount of securities bought and sold in that platform's history. this is a sample size of retail traders. they have about 200,000 user, millennials age 25 to 40 with an average household income of about $100,000 one other factor, sofi says there was a new record of buying tesla for a fraction of the share. people were buying up parts of the stock trading above $900 this week. sofi began offering stock bids in july and that trend has caught on at other brokerage firms, charles schwab, square, and robin hood out with the same feature. i spoke to an analyst at td ameritrade who says based on tesla's moves it couldn't have been all retail interests this week institutional investors were getting

now to ferguson who has traveled to the site outside berlin where the tesla factory is supposed to be built good to see you there kate how is it that a small environmental group can't stop a huge profit project like this and it struck. well chris 1st of all what you can see behind me is the frontlines in a battle between those who want to get this factory up and running as soon as possible and those who will do anything in their power to stop it now you'd be forgiven for being a bit confused about what exactly is going on here as you mention tess that really got the green light for this project at the end of last year and that decision was meant was it was met with jubilation what's happened now is that a branch of the berg based environmental group is a leader and an organization in bavaria have launched a complaint a complaint against the fact that tesla began felling trees before the period during which citizens are allowed to voice their objections to this project ended that period ends on march the 5th and the reason this is such a big issue for tesla is because in germany nesting season begins 5 days earlier on

. >>> the tesla rally is back on this week. in fact, kate rooney has those numbers. hi, kate >> great to see you. welcome back so we've got new data showing retail investors buying up tesla and it's especially coming for millennia millennials. new numbers show that tesla is the number one it passed apple and was the top stock focus purchased in the last six trade iing days they brought six times relative to history and yesterday, tesla made up the largest dollar amount of securities bought and sold in the platform's history a demo on the stock and etf investing app is is mostly millennial, 25 to 40 with an average household income of about $100,000 there were a record amount of sofi investors buying in fractions of a share most users buying in a stock bid. sofi began offering fractional trading in july and charles schwab, square and robin hood have announced the same feature. it comes with risks. it show it is the downside of chasing a stock that some believe is showing bubble like qualities. >> so how much is a tesla? do you know how expensive that is >> you can cho

street, called virgin galactic, it is blasting past tesla that stock soaring up more than 200% this year and retail investors appear to be flooding in kateney is live in san francisco. ready for liftoff, kate? >> that's right. virgin glass tick was the most bought name on a handful of trading platforms this week. let's look at fidelity first according to the firm, virgin galactic, it outpaced two other retail favorites, tesla and appl fin tech company sofi as well. a smaller platform, but 200,000 people, but gives us a sample size of what millennials are buying majority of those traders are ages 25 to 40. yesterday virgin galactic saw by far its largest trading volume ever on so phi, that was 14 times the historical average and more than double its previous biggest day for the space company. td ameritrade, according to the investor movement index, virgin galactic among the top names bought in january. they're continuing to see clients buying in february, not quite at the same levels yesterday's total trading volume was nearly ten times the daily average volume for virgin galactic and, guys, keep in mind, this company is only trading publ

its own guidance semiing like micron, nvidia and amd are also low er finally tesla, that stock is down by around 10% >>> kate, thanks the spread of the virus stoking fierce iran and italy now seeing outbreaks. claudia pensotti joins us outside of milan how is everyday life being disrupted, as a result of the climbing case numbers? >> reporter: well, clearly there is disruption here, as you're saying schools being closed, the biggest factor on everyday life. is it's grown to 230 tonight, five deaths in the lombardy and veneto regions the number in itself is not that large. people are not that concerned about the virus. they're more concerned about the measures being put into place. movie theaters, pubs and restaurants and clubs being closed from 6:00 p.m. to 6:00 a.m. in the morning, so it's what you saw in milan today was a very subdued monday. people were still going to work. businesses are continues to work, but we saw a strong decline in the rail traffic, so there was more, you know car traffic. of course there was concern over the weekend. people are wonders, you know, how long will this last? of course

this bull market fire kate >> hey the barriers to stock trading are getting lower and small investors are making the most of it you've seen traders pile ng tinn the names like teslagalactic so-called darts at charles schaub jumped from december to january, month over month. a few factors driving that, first, it's free all of the major firms have followed robin hood with zero commissions. that tick kicked off a wave of consolidation with morgan stanley this week buying e*trade. analysts say these firms are taking a page out of amazon's playbook they want to be a one stop shop for finance by offering stock trade i trading, customers don't ever have to leave their app and finally, fractional trading. pen tech start ups and more recently, charles schwab, have started the action for buying part of the stock for as little as a doll r lar. >> appreciate it we've seen those retail investors help fuel some this year the biggest fwans, virgin galactic and tesla 200% 115% higher this year. now it has been a volatile week. we pointed out the nasdaq then in the growth stocks getting hit the hardest. can the surge hold up in the long-term? let's ask jean it's good to see you h

tesla rally a run for the money. virgin galactic. the stock rising again today 23%. extending its meteric rice just wanting to trade the name and main street loves it lets get to kate rooneyil investor is really getting involved here. >> that's right, hey, brian, virgin galactic was the top traded stock on a few retail platforms. lets look at fidelity according to the firm virgin galactic was the most popular stock forvy dealt customers. outpacing tesla and apple. the same goes for sofi traders yesterday vrjen galactic saw by far the largest trading volume on sofi invest 14 times the historical average and more than double the previous biggest day for the space company. a relatively smaller platform but gives a sample size of what millennials are buying the sofi trade remember 25 to 40 td ameritrade. according to the td investment mover index girj virgin galactic was a top name bought in january. continuing to see buying in february but not at the same levels virgin galactic has only been trading publicly since october and they're not expecting to turn a profitable this year. but that's not holding people back, brian. this week's trading volume nearly 10 times the daily a

. >> are tesla investors in for more skyrocketing share prices that cveonrsation is coming up when squawk box returns. ade usar members like katever monday has in store and tackle four things at once. so when her car got hit, she didn't worry. she simply filed a claim on her usaa app and said... i got this. usaa insurance is made the way kate needs it - easy. she can even pick her payment plan so it's easy on her budget and her life. usaa. what you're made of, we're made for. usaa >>> new details. the number of confirmed cases has risen to 73,000. the death toll is higher the latest on the fears and the impact of public health and business let's welcome eunice. what can you tell us >> well, joe, state tv is quoting president xi jingping as saying china will meet it's economic growth target for the year and they see continued disruption to the supply chain and this comes as most people suspect the big political event, the national people's conference which is set for march is going to be delayed. lawmakers are supposed to discuss that next monday now this all comes as they take more extreme measures to try to contain the virus.