really we have not heard much from the tesla board kimball musk shed no light into terms of what the board might be doing to change the governance at tesla so it at this point we have reached out to tesla we have not heard back yet from tesla. a statement regarding this report of a criminal probe by the doj looking into the elon musk tweets from early last month about potentially taking tesla private. >> you referenced the interview kimball musk gave to sara and wilfred on "the closing bell." i want to play the most telling clip of the interview where they pressed him on all of these issues we can talk about it on the other side, but here's the interview yesterday with kimball musk >> you are a board member and the stock is down significantly from that original tweet he sent out that the company is going private, funding secured do you wish he hadn't sent the tweet? >> i think my brother is working hard to do the right thing for the shareholders >> yeah, phil, there it is right there on tv for you. just not a willingness at all from a board member -- >> reporter: none. >> i'm sure he

still ahead, don't miss our interview with kimbal musk we'll get his thoughts on the mpielenges at his brother's coans. what if numbers tell only half the story? at t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence. >>> technology has been way down by the likes of amazon today we are flenear session lows. it did go down triple digits nasdaq very much down more than 1% >> and the big announcement with president trump has to do with china trade. we assume it is going forward with the new tariffs on $200 billion worth of goods. it is like seafood, land bags, furniture and luggage. we'll have to talk to companies about whether they passed that onto consumers or whether they take the hit >> we shall see when the announcement comes >> with the dow down about 92 points ahead of that we have a news alert on instagram. let's head over with the news. >

kimbal musk on cnbc moments ago.ake a listen. >> this month is an exciting month for us it's really going to blow people's minds how many model 3s are going to appear in america in the next couple weeks my goal is to get as many model 3s into hands as possible. >> was kimbal heading to a western or something where was he going kenny rogers i don't know >> maybe >> well, meanwhile, if i could continue -- >> no, move on >> thank you elon musk himself acknowledged the automaker has shifted from production hell to delivery logistics hell this in a tweet on sunday night in response to a customer complaint about the delivery delay. as things get more hellish, so to speak, for tesla, what happens to tesla investors timmy, i'll come back to you >> i really was also trying to think of willie nelson was the concert i was looking for. >> we don't have all night for you to get there >> the key for me on the model 3, ramping up deliveries is the biggest challenge for a company that's never been operational to do anything they tho

in the case of the cbs board, we are seeing a few changes >> can't wait for 4:00 when kimball musk comest tom, good discussion see you soon >> thanks, guys. good to be here with you >>> back to the overall market, the looming threat of $200 billion of imports from china and new tariffs on imports, keeping markets soft shares of apple and amazon particularly hit, dragging the nasdaq lower great time to bring in chief credit swiss u.s. equity strategist also tony dwyer. we're getting the 2019 forecast for s & p. jonathan, you're at 3350 which is bullish david kostin said 3,000 next year why do you think he is wrong >> if he is right with his 3,000, i don't know how he came up with that, he is basically saying either multiples will massively contract or we're going to have a huge rollover in corporate profits. i don't think either one of those two things are going to happen the economic cycle is in very good position. corporate profits are booming. even next year when they're not as good as they are in '18, still going to be quite positive. >> tony, where are you on next year's outlook >> 3

kimbal joined closing bell to talk about his own company but had some things to say about elan and teslarother is doing great he is doing a great job structuring the company. mostly right now the focus is deliveries we are trying to get great -- happy customers with model 3s in their hands. that's the total focus >> if addition to having a great has the, he's also a board member at tesla. >> that's right. >> the idea that tesla and its ceo and founder elon musk have come under so much fire that joe roggin podcast, he was smoking marijuana, is he fit to be a ceo, kimbal, his brother, maybe biased >> he's out there defending him, also on the board of chipotle and an adviser in their new accelerator program. busy man >> kate rogers, thank you very much. >>> in the sports world the bears defeated the seattle seahawks last night on monday night football the final score, 24-17 the bears took a 24-10 lead after returning an interception for a touchdown, a pick six in the fourth quarter, they held on to make that win a lot of folks in click go rejoicing for a big, big win khalil mack one of the

i think i don't understand the strategy as much as far as bringing kimbal. he is clearly the closest person that you can possibly interview. i think the board needs to step up i am fine with him in general. he started papal it is an $80 billion plus company. >> maybe you can give ross a warning or a final ward to him is he right to be so nonchalant about all of this? >> it is for him to decide the fact doj is investigating you're never happy to hear the high of the day is about 250. a nice bounce back in the sectors that declined the most yesterday. it means tech is high, energy is high the nasdaq leads is up 0.9%. a top market analyst says forget about tariffs. a bigger threat on the horizon and investors are ignoring we'll have that coming up. >> one group of workers has seen a massive pay boost under president trump'ecoms ony. we'll tell you which are cashing in at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you'll only pay $4.95. directv g

from tuesday denuclearization will be a key issue at the third meeting between the two leaders and kimball also discussed ways to ease military tensions and sustain improved relations and u.s. president donald trump's nominee for the supreme court brett kavanaugh is now facing allegations of sexual assault a woman told the washington post she was assaulted by him when she was in high school some members of the senate judiciary committee that are supposed to vote on a cabinet appointment on thursday and are calling for a delay for those are the headlines the news continues here on al-jazeera after what i want to sort of. overthrow and exiled they a point they can say if you all call. me an intimate film about the struggle of the elected leader of madagascar to return to his country and reinstate his presidency. and we do not think he is the. true change change return of the president on al-jazeera. it's a scam that starts in the philippines and stretches across the globe. investors are promised the opportunity of a lifetime to the all ideas they get you on the whole. but instead are left wi

morgan chase and mike kimball, who i think is here with us tonight. [applause] >> so next on our agenda, we're going to cut this ribbon, and after that, we invite you to explore the building. you can go back that way, you can go down, you can go up, and we'll have staff that are wearing compass name tags that are scattered throughout the building who can give you more information throughout the programs and the services we offer here and answer any questions, and then we've got refreshments on the second floor in the conference room. so thank you again for celebrating this and it's time to end family homelessness in san francisco. thank you. [appla happy new year, everybody. i love the fact that we are doing a tournament here at the center. when i was in eighth grade i played on a basketball teechl. team. i have to admit i wasn't very good at it. i always aspired to be an nba player. regardless of playing in college or nba, i expect many of you have be leading us because of the leadership skills you are learning on >> president brandon: meeting called

morgan chase and mike kimball, who i think is here with us tonight. [applause] >> so next on our agenda, we're going to cut this ribbon, and after that, we invite you to explore the building. you can go back that way, you can go down, you can go up, and we'll have staff that are wearing compass name tags that are scattered throughout the building who can give you more information throughout the programs and the services we offer here and answer any questions, and then we've got refreshments on the second floor in the conference room. so thank you again for celebrating this and it's time to end family homelessness in san francisco. thank you. [appla five, four, three, two, sustainability mission, even though the bikes are very minimal energy use. it still matters where the energy comes from and also part of the mission in sustainability is how we run everything, run our business. so having the lights come on with clean energy is important to us as well. we heard about cleanpowersf and learned they had commercial rates and signed up for that. it was sup

morgan chase and mike kimball, who i think is here with us tonight. [applause] >> so next on our agenda, we're going to cut this ribbon, and after that, we invite you to explore the building. you can go back that way, you can go down, you can go up, and we'll have staff that are wearing compass name tags that are scattered throughout the building who can give you more information throughout the programs and the services we offer here and answer any questions, and then we've got refreshments on the second floor in the conference room. so thank you again for celebrating this and it's time to end family homelessness in san francisco. thank you. [appla five, four, three, two, >> good morning. today is wednesday, september 19 th, 2018. this is a regular meeting of the building inspection commission. i would like to remind everyone to turn off all electronic devices. first item on the agenda is roll call. [roll call]

musk's brother, kimbal, defended his brother's performance yesterday. >> my brother is doing great heught in a new president of operations, but he is focused on deliveries we're trying to get happy customers with model 3s in their hands. that's the total focus >>> hbo's "game of thrones" and amazon's the marvelous mrs. mazel were the big winners last night at the emmy's. stephanie staton has more. >> amazon's streaming series lived up to its name monday night. four emmys including best comedy and best actress, playing a 1950s housewife turned stand-up comedian >> it's about a woman who is finding her voice anew it's happening all over the country now. >> reporter: her co-star scored best supporting actress, and the creator won for writing and directing. >> my panic room will be so pretty. >> reporter: another first-year comedy, barry, earned best actor and supporting honors for hel y henry winkler. >> if you stay at the table long enough, the chips come to you. >> reclaiming its seat at the table -- >> "game of thrones. >> reporter: which one best drama after a one-year hiatus. the le

. >> anthony: pat graham is the foreman at the pay car mine in kimball. >> anthony: so this is for steelors in the united states. that's pretty phenomenal. it's easy to see why people in mcdowell county want mining jobs. ♪ >> anthony: i'm staying in a town nearby, welch. there's no bar. >> miner: most of us just go get the beer, and head back on top of the ridge and drink it. >> anthony: wow. >> miner 2: in the name of the father, we'd like to gather here to thank you for this opportunity to support our families. please watch after us, keep us safe while we're underground working. amen. >> group: amen. >> patrick: what do you got? >> man 3: bear meat and chicken. >> anthony: oh, damn. >> patrick: i may just put my sandwich back here if you got bear meat. >> anthony: that's delicious. do you think the country as a whole, do you think they understand the coal business at all? what coal mining is about? >> richard: no. >> anthony: they don't understand at all. >> patrick: when you travel from new york to here, whether you're on a boat, plane, train, or in the sky or driving on a car, it's b

i saw arms of kimball, i was worried. >>> the markets are under pressure after the u.s. once again set another set of tariffs against chinese goods. china has told president trump it will not participate in any further trade talks now that he's added that next set of tariffs. president trump speaking to reporters on monday said "china's now paying us billions of dollars ine able to china is not paying us billions of dollars. you can agree or disagree with president trump's tariff policy, but whate' tariffs work. when something made in china is shipped here, the american importer pays the tariff to the u.s. government, we pay it. when an american product goes there, the chinese importers pay china. china never pays us. the billions he's talking about are american dollars from americans. >>> originally apple thought its products would be on that list. apple watch and air pot head phones in particular but they were dropped from the list last minute. the iphones also missing from the list we expected that. speaking of the iphone, the new ios 12 is ready to download. hit sett

suisse was saying into next year >> that's where we are we'll see what the afternoon brings of course kimball musk on at 4:00 let's get to "the half." >>> i'm scott wapner is the market sending mixed messages to investors? if the data is so good, the economy so strong, why are defensive sectors leading lately what does it say about the strength of the rally? it's 12:00, noon, and this is "the halftime report." >>> amazon on the move as well as several other big nasdaq names. is this your chance to get in? >>> plus, you don't want to leave home without this. call it a day t. could make you big money. >>> and larry kudlow at a speech at the new york market club. "the halftime report" starts now. >>> all right. welcome. here to debate and trade the biggest stories of the day we are joined this hour by joe terranova, jim lebenthal, steve weiss, and shannon is with us from boston private wealth good to have her with us today let's begin with stocks, trying to extend the longest win streak since february there is weakness in tech. the nasdaq is on pace for its worst daily performance since the 5th

. >>> kimball musk, brother of elon musk, joined cnbc on the closing bell we asked him about the goingd the company and its stock. have a listen to what he said. you are a board member, the symptom is down significantly. he said the company is going private, funding secured do you wish he hadn't sent that tweet? >> my brother is working hard to do the right thing for the shareholders that would be up to my brother >> that would be up to my brother. if you're critical, tesla and the board, and have been raising corporate governance questions, you point to this interview. we pressed him on a number of topics, elon's behavior, what kind of advice he was giving, whether he was focused jussie lon jussie -- just elon is doing great. you can use that tom farley was on with us yesterday, criticizing the board for not acting fast enough to remove the tweet, to answer investors on the question of going private. he was tweeting out the interview, this is the problem. >> it is not a particularly strong board, not a lot of independent voices, and those on the board like james murdock my guess is wi

. >> interesting we had kimbal musk, board member, on the air he didn't seem terribly bothered investorsthered. >> the model three production numbers will be the most significant material event for that group that we'll see on october 30 when they talk about their third quarter. but to our knowledge the board seems quite confident in musk. they shot down any idea he was going to take a leave of absence. even the search for a number two to help him out which we reported on, they have done reshuffling amid departures but the idea that they need a sheryl sandberg to come in seems to be quieted for now so i don't know if this investigation will shake that confidence. you would think they have to be talking about expanding the board, bringing on more independent directors, what they can do to help elon be more effective and less exhausted but it's not clear that's happening. i don't know. >> is there any way to say it's narrowly focused on musk's behavior in other words, the company itself is not under investigation. >> the company, the board and musk received subpoenas, we know that, as did

i keep thinking of the interview we had with kimbal muszik, it's all up to elon >> they have alreadywn they don't have independence. >> wow, david just went there. >> come on i spent some time on this. the go private effort was real as strange as it may have seemed it was not, of course, the way we typically think of a go private. that threw many of us initially when we first saw those tweets we thought it was impossible you can't put more debt on a company that's not really generating free cash flow and it has 10 billion in debt the plan they were trying to work through, 30 billion in new equity, 20 billion rolled by existing investors, 20 billion rolled by mr. musk in terms of ownership, they think they might have gotten there and then they would have had a quasilistin lig it was odd 17 days later that was abandoned. but this board, come on, the best thing that could have happened was an vek ss.e.c. settlement, two new directors and a chairman >> david, chill. >> did you just tell me to chill? >> all this turns on that notion that he had the funding. the very specific language you

. >> his brother is on the board of tesla kimbal >> my brother is doing great >> this thing never comesff. i tonight know you're at the new york stock exchange >> they have quirky personalities. >> let me ask you this retsler comes in here in the morning sporting that hot to talk issues what do you think of him if he comes in with that hat? would you ever come in with that hat? >> i better have my next rodeo lined up >> how about you. >> i would probably walk home. >> i don't understand why you're wearing chaps today. >> they're eccentric personalities. that's what happens of you create companies, make lots of money. >> you would hope it was an additive to your looks instead of making you look ridiculous, right? we're talking about them >> beauty is in the eye of the beholder >> all right maybe andrew is shopping for a hat has th hat. >> are you allowed to do that? >> not on a holiday. you go to temple let's get back to the markets and talk to our guest. chris restler and let's get back to this idea that the markets yesterday closed at strong levels the dow at the highest level since ja

it's propped on top -- why does he wear it i'm elon musk's brother, come talk to me >> first of all, kimbal an entrepreneur. he is it restaurants, farm to market stuff >> why can't you just say okay, i don't like the hat either? why do you have to push back i'm just playing around. just kidding yanking your chain just kidding >> i think he looks handsome >> but it never comes off. i like it a little i want to wear it once when i go out. why always hi, i'm elon musk's brother. who are you? >> i'm going to start wearing a hat like that. >> oh, boy >> i wish you would. >> tomorrow. >> i don't care about the joint or any of that now i think there's something crazy with the whole family. >> okay. let's get you caught up on the broader markets now. joining us now is katherine vera from bulltick capital markets. also here on set is joe little from blackstone. welcome you both to the table. i will go to you first >> i learned in the army the hard way never to correct anyone on the pronunciation of my last name i corrected a drill sergeant once, it did not end well. >> joe is a drill sergeant, i'm n