power between lyft and uber.en maybe it felt like uber would be the dominant ridesharing company forever, what did that feel like? and what does it feel like today? john: i take it back 3-4 years now. uber raises $3 billion. we have what i believe is a lot of money, $100 million in the bank. they have 30 times the capital as us and they are trying to destroy our business using that money, and that was, to be blunt, it was scary. someone attacking the business, incentivizing drivers not to drive on our platform, while the team had such drive and such passion, and we were smart about the tactics we used that were asymmetrical, and we rose up and that was the time we had maybe even single-digit market share, and we've raise the capital and built an incredible team. by coming up as the underdog, but with the vision, i would say the leaders on vision, we have been able to build a team that is not just doing it for a monetary reason, and not doing it just to win, although we intend to win, and something that drives us

and another subject, now that we have uber and lyft, a lyft driver gets hit by an uninsured driver while carrying passengers, that driver has to come up with a $1500 deductible to get his car fixed, so uber and lyft is not an opportunity for anyone. it's theft of the driver's wages. i'm done. >> thank you. next speaker, please. >> mark, followed by carl and mary. >> thank you, chair brinkman, directors. last week, i resigned from the taxi task force. you should have gotten a copy of my e-mail explaining my reasons, so i won't go into them here. i've also explained in the past my opposition for caste reasons for taxis. your stake in the medallion sales program and the financial jeopardy you face mean you're not a disinterested regulator that can be relied upon to make impartial decisions. you can't change that fact, but you can remediate it. drivers are induced to purchase medallions after their path to an earned medallion was cutoff. now they're virtually worthless. provide fair compensation for people for the loss of march did he mal i don't knows. there are potential sources of revenue

the lyft and the uber drivers, that is really like peanuts.that is 40,000 drivers, that is $40 million a year and that will bail out these medallions and we won't have to make everybody all upset. and half the medallions will pay it off. i'd pay thousand dollars a year to keep the fountain of money in my pocket going. i'd be happy to pay a thousand dollars a year. and the drivers don't want to do that, there are driving in from bakersfield and sacramento, maybe they shouldn't be driving in, go out to the marina, they're all sleeping in the parking lot. it's crazy. >> thank you very much. next speaker, please. >> my name is -- good afternoon, everybody. i'm here. i'm medallion. we are 640 people with the medallion, $250,000. this time we are surviving. we are totally out of business. there is no business. lyft took all our business, uber. we want your help to give us break. or give us price and pay the city. and we are satisfied, otherwise, what the mta do this -- >> chair heinicke: thank you very much. next speaker, please. >> good afternoon,

on the new study, we tried to reach out to uber and lyft, but no word yet.e from san francisco, kiet do, kpix 5 . >>> tax refunds could be late due to the government shutdown and the trump administration ordered 30,000 irs employees to return to work without pay. hundreds have refused facing the prospect of missing another paycheck. the irs workers union contract allows employees to miss work by suffering hardship during a shutdown. the senate is considering a pair of bills aiming at ending the shutdown. the republican plan includes $5.7 billion order border wall and the democratic plan would not. neither bill is expected to succeed in the scheduled for tomorrow. >>> the trump administration attempt to shut down the daca program is on hold. in 2017 the president tried to end protection for undocumented immigrants brought here as children but the judge largely block that move until it gets resolved in the courts. yesterday the supreme court decided not to hear the case in the current term so that means the daca program remains in place for at least another ye

lyft is a much, much smaller competitor to uber. from what i saw they have, what, maybe 30% of the u.s. market. uber has 70%. >> yeah. i think these two have been in friendly competition for a few years. many years ago, lyft had less than 3% of the ride share market in the u.s. and now accounts are about 35% or 40%. i think lyft will work very hard to race out and be the first. i think they want to, you know, get those dollars from institutional investors who want obviously exposure to ride sharing in the u.s., but they also know it can be a huge marketing win for them to get their name out there and to the rest of the population. susan: do you think lyft, just to make itself more attractive against uber, will go in a more attractive reasonable valuation? >> yeah, i think that's where you will see lyft. one of the reasons they want to go first, they want to be their own comp. obviously there is no comp for l lyft or uber other than each other. the story will be two things. one, it will be execution. you know, while uber has misstepp

david louie talked to cabdrivers today who said with the ride sharing companies like lyft and uber taking more and more of the taxi business, this is the last thing they need. >> this is why taxis may superbeen scarce for about an hour. dozens of them were circling city hall to protest a new regulation that restricts hundreds of them from picking up passengers at san francisco international. with increased competition from ride share oviders, taxidrive$2 obtain medallions from the city are being given preference at the airport over those who paid fractions of that a decade ago. >> we're already making about a fifth of what we did two years ago because of uber and lyft

for example lyft wanted to do senior service vans. it would be easy to say we have a contract with you and they would have liability for drivers and passengers and we would contract with them. i think it is a slippery slope there. thank you so much. i really appreciate that. i will call for public comment. they may have questions for you. public comment. any members of the public? mr. brooks. >> eric brooks speaking for the green party and for our city san francisco. it is a good preliminary report raising the important issues that need to be raised. it is lacking an important perspective theme aticly to get back on the table that is that in the beginning of the sharing economy, it was sharing. it was people individually contacting each other through the internet to share jobs and rides and resources. then the people that started uber and lift came along. if we stick ourselves in the middle of the relationship we can make a profit off this. they developed software. that is all they are is code. it is software but they stick in between

we tried to reach out to uber and lyft but no response at this early hour. live from san francisco, kiet do, kpix 5 . >>> this uber ride takes a dangerous turn when the truck driver drives they will swerving across lanes. >> nearly halfway into the 30 minute uber ride, dicks castro thought he may never see his wife or kids again after the man in the seat was drunk and yelling after he picked him up from a bar in citrus heights. they veered ss three lanes of traffic -- before dax >> he said it was using all of his strength to hold back and he has been identified and they veered across three lanes of traffic before the driver 911. >> now they have him on the hood because he spent on the police officer -- spit on the police officer. >> he blew drunk. >> uber says the behavior was dangerous and unaccessible and that rider can no longer access the uber app. >>> we have a couple of natural disasters to show you unfolding and the first is in indonesia with a landslide caused by the dam that was over ran with torrential rain with six peopler out of their nt indonesi

because it's helpful to say, don't take uber and lyft from here. take the shuttle and then uber and lyft, or take muni to somewhere else. the traffic tracomplaints have decreased significantly, and they continue to decrease every year. one of the changes we made last year is in order to stage the muni buses, we block parking on fulton all day for three days. but neighbors say, nobody's parking there, and the muni buses don't show up until the end of the day. why can't we park there? so we've worked with muni to adjust that so that during the day before the buses got to show up, you've got to move, but you've got the ability to use those parking spaces. so let's talk about the amendment and what we're changing. so the term expiration goes from 2021 to 2031. the minimum rent was capped at 1.4 million, given that we're putting these numbers in our budget and that the amounts have come up, we're increasing the minimum rent to 2.5 million and increasing it by 750,000 a year, which is roughly c.p.i. the additional rent of 1.25 per ticket is being c.p.i.

ews usint bnche the widespread rain has created an opportunity for some, including this lyft driver tomwest. >> a lot of people feel less comfortable driving in these conditions, so there's less lyft drivers meaning more rides for me. and i feel comfortable driving in this kind of stuff. >> reporter: and thankfully the rain has let up right now, so public works can finish the job here. elsewhere, the san francisco fire department says it also has been very busy tonight, tending to these calls, but they are fully prepared and have enough staff to handle normal calls and storm-related events. live in san francisco, betty yu, kpix 5. even mor with the >>> and of course we saw a lot of trees coming down today. all over the place. lafayette, san even more will c tomorrow with the soggy ground. >>> our crews saw torrential rain in a lot of areas today, including a lot of damage to go with it. emily turner is in san rafael. >> reporter: today has been especially wet as you can tell. we've seen flooding on 101 causing several accidents, and the wind has just gotten really bad as the sun has gon

we have seen slight delays in the talks that uber and lyft are having.ould slack going direct allow them to avoid the hiccups? elizabeth: if anything, the opposite. this is unusual to read the sec does a lot for small companies but not big large technology companies. they need to have more interaction with the regulator in more discussions. definitely the shutdown can cause a delay for that. emily: interesting. i know you will keep us posted. now turning to apple, remember when the iphone maker in an effort to boost sales offered trade in sales for people buying the new iphone? two major chinese retailers are slashing prices. they may have misjudged the chinese appetite for its flagship product. for more, i want to get to mark in los angeles. how unprecedented is it for them to cut prices like this? mark: it is fairly unprecedented. we have seen the trade-i deals from apple and promotions from companies like best buy, perhaps a u.s. equivalent to the chinese retailers you mentioned. but this is in no way insignificant. this is a big move for apple. it me

conditions so there's less lyft drivers and less people driving in general so it should be more ridesnd i feel comfortable driving in this kind of stuff." ã betty yu: the san francisco fire department tonight says it has a full staff and has been prepared to respond to their normal calls and storm-related events. we saw lots more trees come down today.. in lafayette, we saw lots more trees come down today.. in lafayette, emeryville and san jose. and you can bet even more will topple tomorrow.. with the ground so soggy. our crews saw torrential rain in butte, marin and santa clara counties today.. and a lot of damage to go along with it. first, we go to emily turner in san rafael. "not only has it...sun's gone down." "i'm don ford in san jose...2 cars completely off the freeway." "meanwhile across town... across a pool house." "i'm wilson walker...as the system moves through." from the afternoon.. "i'm wilson walker...ashe." from the afternoon.. through the commute.. and into tomorrow.. it's been.. and will continue to be.. a soggy drive. you can see high- def doppler.. and use our int

lyft says the suspect had passed a background check. he is no longer allowe to drive for lyft. >>> a new class action lawsuit against ac transit accuses the agency of pregnancy discrimination. we spoke with nicki mcnulty, a plaintiff in the suit. she worked through two pregnancies there. mcnulty said the agency denied her a voucher to buy a larger uniform while pregnant. she also says she was given a dirty conference room to pump breast milk and not given enough time to do it. >> transit made that difficult as well. to the point they put me on unpaid leave of absence for asking to pump, breast-feed, asking for lactation accommodation that they refused to provide to me. >> ac transit refused our request for an interview. but the agency issued a statement saying a lawsuit is an assembly of one party's allegations and by no means a confirmation of facts. as such, we ask the public to withhold judgment as we work to uncover the circumstances giving rise to this issue. >>> governor gach newsom is proposing a plan to use state funds to aid mi

uber and lyft planning to go public grinds to a halt.omaine: the fomc released their it'ses today, and again -- gave the markets something to chew on. let's bring in bloomberg economistenior u.s. and a reporter. when i read the minutes today and i saw the reaction, the first question that came to mind is why was there such a difference tween what we are hearing out of the minutes and what powell said during the press conference following the revision. path, iregard to policy think the fed's message is the same. they would like to continue removing policy accommodations. flexibility.retain even dropouts forward guidance from the statement altogether to make it truly data dependent. i don't think the message is that different in that sense. i think they acknowledged all of the downside risk and in the speeches and minutes. that probably is what drove them lower the path of policy accommodation. it was global risks and financial instability. outlook, though. inflation outlook seems to be modest, but it is still the same sort of. the fundame

lyft says "the safety of the lyft community is our top priority and the allegations described are deeply disturbing. we have extended our support to the passenger he involved and are actively assisting law enforcement in their investigation." >> new video of the dangerous situation for drivers on the peninsula. a massive hill fell on to sandhill tree between whiskey hill and portolo. it is only only open to one-way track. >> investigating president trump. house speaker nancy pelosi announcing tonight three bay area lawmakers have been appointed to a powerful oversight and reform committee. mark deason yea, ro khanna and jackie speier are members of a 158-person panel. that panel will investigate any waste, fraud oradministration. th fpresident trump's former personal attorney, michael cohen. >> it's a different proposal to end theovshutdown but little chance either one will pass. as we getmpas. senate leaders will hold votes on dueling proposals to reopen the government. one vote from republican leaders will mush president trump's offer to trade border wall funding for temporary protecti

since uber and lyft have exploded onto the scene, the company is not able to compete. the company employs about 385 people in san francisco and will close down by march. >>> it's the most notable name change in the bay area. at&t is out and oracle in. the giants making that big announcement to their ballpark today. christie smith joins us from, is it at&t or oracle? >> reporter: curious fans have been coming by all day. the sign, the banner here, the temporary banner says oracle park and what fans are hoping is that the success continues under the new name. a quick lunch time photo to mark

new this morning, emeryville police arrested a lyft driver accused of sexual battery. a woman called for help near shell mound and powell street. her lyft driver attacked her during her ride to the hotel. police arrested the driver, 22-year-old. the suspect has passed a background check. he's no longer allowed to drive for lyft. >>> an east bay family wants to know why nest did not alert them when hackers got into their home security system. >> the family found out in a scary way. as ama daetz reports, fear turned to anger when they found out what the company knew all along. >> it came on like the emergency sounds of an amber alert, say. a man's voice announced that north korea had launched three intercontinental ballistic missiles toward the united states, recommended everyone take shelter. >> our media partner spoke with laura lyons. she heard that on monday. she realized it was coming from her nest security camera. her scared 8-year-old son hid under the rug. >> right down the rabbit hole. terrifying. >> lyons called nest and found out it was a prank and her camera

could it be, susan li, that lyft will be ahead of them? that's unbelievable to me. susan: well, i guess the ceo of uber basically opened the door to possibly nixing the ipo if markets get too turbulent. he's quoted as saying he would be disappointed. shareholders would be disappointed but the company will be fine if they nix the ipo. they said they still have plans to list this year, in fact they already filed their s-1 to the s.e.c., so the intentions are there to sell shares in the back half of 2019, so lyft also wants to go public as well and this is going to be the year supposedly of the tech ipo. let's see some comparisons to uber and lyft. i want to show you some of the numbers. either/or, whichever wants to go first, they want to be the one first in market to get more of the investor dollars out there. but as you see, uber versus lyft, uber is much bigger when it comes to valuation, when it comes to u.s. market share and also losing more money per quarter as well. now, i caught up of course with uber ceo dara khosrowshahi a few months ago in new york. take a

because they come up with lights in your eyes and tell you to leave and the tourists take uber and lyft and if put nor cabs we won't be able to do this job. >> thank you very much, next speaker please. >> mary mcgwire followed by mike spain. >> i want to address the airport lockout. you're take subsidizing those who have medallions. the first group are barely making ends meet and some not even. some are homeless. they're renting the cabs for seven days and 24 hours a day and living in their cars and in some cases even the cabs. some are sleeping outside in the cold. where's your empathy for them. maybe you can send blankets or something to the cab company. another group you've forgotten, an important group is the public. not only do they want to take cabs from sfo which under your plan won't be possible. last january 7 from 12:00 a.m. to 6:00 a.m. there were 100 people at terminal 1 and terminal 3. the drivers were going in and picking up the jp morgan people in the early morning hours. there were 100 people at both stands because of the delays. in the end people prefer the suv. have yo

failure to abide by the policy can result in deactivate from the lyft platform. any form of discrimination is unacceptable. let's bring in tyrus. i can see, the companies say this is our policy, but maybe that word is not getting to the drivers. you know spike. our executive producer says this has happened to her about a dozen times. she tries to get in a car and they say no. >> looks like their argument the dog is shedding or making a muscle. >> dana: i understand. >> i get it. people are not the most cleaner animals on the planet. >> dana: spill coffee. >> drink, smell like cigarettes. this is -- just take all that stuff, it's your job. it's what you're supposed to do. when i sign up for a job and rules, i don't get to pick and choose what i want to do. then you open your own car company. you don't -- they don't follow the rules. their excuses are terrible. after you give anybody a ride a good driver would get out and clean and do whatever you needed to do. so having a shop vac, it's -- modern technology is amazing. you get the hair up or whatever. spray, if so

(vicki) a lyft driver is arrested in connection to a sexual battery investigation. it happened last week near shellmound and powell streets in emeryville. the victim told police she called for a ride to a hotel-- and during the ride she was sexually battered. police have since arrested 22-year-old bipin thapa for the attack. lyft says the allegations are disturbing and they are cooperating with investigators. they say the driver did pass a background check last month. (grant) coming up-- hulu is changing their prices. the services you will pay less for... and what is getting more expensive. for your money tonight... here's something we don't hear often. a streaming service is actually cutting the costs of one of its plans. hulu announced today it is lowering the price for its cheapest package by two dollars. starting february 26th-- hulu's basic plan will cost six-dollars a month. that plan includes ads. but-- the streaming service also says it is raising the price on another plan-- its live t-v package. that will now cost 45-dollars per month... which is a five-dol

and the lyft lights are pink. <"i'm getting the amp, but now it's obsolete and i can't use it. and it's something that they recommend using."> even though companies recommend their drivers to have those lights... kansas or the city of wichita does not require it. (jrstone) coming up -- the suspects in the murder of a 7-year-old houston girl have been arrested. why authorities now beleive the shooting could be gang related. <"my baby's got justice, and now we can probably put her to rest without having to put her to rest and still be on a manhunt looking for a suspect, suspects, whatever it may be."> (jrstone)be.">(jrstone) a texas man is now facing capital murder charges in the shooting death of seven- year-old-jazmine barnes. twenty-year-old eric black junior was arrested based on a tip. (jrstone) this after an intense, week-long manhunt. authorities in texas made two arrests in the deadly drive-by shooting of a little girl riding in the car with her family.(justine)now, as the family prepares for her funeral this week.authorities are trying to work out what prompted the deadl

a lyft driver has been arrested after being accused of sexually assaulting a passenger.uary 14th... where police say the a 29-year old driver tried to sexually assault a woman he was dropping to a house. the woman got away... and the driver was arrested three days later. police say the lyft driver was with the company since 20-16. ( darya ) police in southern california are investigating how a child under 5-years-old got his hands on a loaded gun and shot hit mother from the backseat of their car. it happened outside a los angeles pre-school wednesday. police say they were sitting in the parking lot after picking up the child from school --- when the gun went off. there's no word yet if the child had the gun with him at pre-school or if it was in the car. people who live on the same street as the school are shocked that something like this happened on their quite street. (

but they say ridership on public transportation consistently goes down, as soon as lyft or uber start operating within a city. >>> an uber driver, accused of raping a woman in san francisco, has been arrested in canada. but his extradition back here to face charges is being held up by the department of homeland security, because of san francisco's sanctuary city policy. ktvu crime reporter, henry lee has details. >>> authorities say an uber driver raped a woman and then fled the country. >> the district attorney wants to bring charges against an individual who is accused of having raped an unconscious woman in his uber vehicle, when he was driving as an uber driver. >> but the case is on hold. the suspect, mohammed ben azaza, is behind bars in canada. san francisco is a sanctuary city. and department of homeland security officials say they won't extradite him, unless the city promises to tell him if the suspect ever makes bail, is acquitted or no longer facing charges. >> that has delayed the district attorney to prosecute this individual, making everyone less safe. >> but at a rules

police say the lyft driver was with the company since 20-16. ( james )coming up...oney for carpooling. the new program that could help reduce bay area trafic. ( james )plus... rising from the ashes. we'll show you the return of a popular san francisco hardware store... that was destroyed by fire. getting spoiled this week as nice weather continues. much like yesterday skies will remain sunny and dry and under those inviting skies temperatures will continues to boost for parts of the bay well into the low to mid 60's. temperatures will further rise into the weekend ahead of us. (robin) no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. year after it was destroyed in a devastating fire -- a neighborhood favorite small business... reopened in san francisco. supervisor norman yee was on hand ... to celebrate the reopening of 'papenhausen hardware' at its pop-up location on west portal. the previous location of more than 20- years... was gutted in a fire last january. they have now set up shop

lyft releasing a statement saying in part "the safety of the lyft community is our top priority and the allegations described are deeply disturbing. we have extended our support to the passenger involved and are actively assisting law enforcement in their investigation." the suspect has not been identified. >>> 4:47. now to capitol hill. lawmakers considering two different proposals to end the government shutdown. there's little hope either one will pass. it's now day 33 of the will hold open votes on dual propo l proposals to reopenhe judge las against santa clara which argued to preserve its at-large election system. minority groups sued, seeking a larger voice on the city council. despite the legal defeat, santa clara city attorney is still vowing to appeal. according to "the mercury news" the judge ruled the city has to cover $3.1 million in opponents legal fees. the city is not commenting. >>> teachers in los angeles back in the classroom this morning. the strike that started more than a week ago is officially over. last night, teachers overwhelmingly approved a new contract betwee

officer could start putting the words such as uber and lyft in the lines of that item. a lay person wouldn't know it is about uber and lyft. it would be nice if you could indulges that. that is one piece we need to pay attention to ab56. i believe it is assembly member garcia. i think i am right on the name. what it will do is centralize all energy procurement decisions under a state agency. that would clearly be really bad for local communities that want to make their own energy decisions and for community choice programs especially. if we municipalized if we had a state agency telling us how to procure agency would not be good. >> thank you. >> madam chair i want to add that i have asked our legal councicounsel to be prepared ine event municipalization came back to this body what it looks like if it is separate or falls under the pc. i have been going back. that is the reason lafco was formed to form a municipal district. i am meeting to talk about those issues after this meeting. >> thank you. madam clerk any other clerk before us today. >> that concludes our busines

lyft says the allegations are disturbing and they are cooperating with investigators. the company says the driver passed a background check last month. ( james ) an uber driver in sacramento says he is lucky he didn't crash - after a drunk passenger tried to grab his steering wheel. the driver... albert castro... captured the incident on his dash cam video. this is on i-80 in sacramento. you can see reach for the steering wheel and castro slaps his hand away. then once castro thinks he has the situation under control... the passenger does it again. <"and it was literally every ounce of strength i had to keep us from i still don't know how we didn't crash.">( james ) castro did manage to stop his car in the middle of the freeway. the passenger is facing d-u-i charges for trying to take control of the car. police say this video posted to facebook shows the man partying and drinking just one hour before requesting the uber ride. ( james ) breaking news this m

lyft says the driver did pass a background check last month.(pam) two men broke into a home in palo alto while the residents were inside, but they never came face-to-face. police say, one of the burglars was armed with a rifle.this happened wednesday january 16th.. these are the two burglars.. police say, after hearing unusual noises, one of the residents checked the security app on his phone.. and saw them.. the burglars were inside for a couple of bere leaving empty- handed. okin whether these two men are connected to a break-in at the same home back.. in december. a heated and loud protest tonight in oakland ... all centered around the proposal to shut down an east bay school.(pam) faced with a budget shortfall and declining enrollment.. the oakland unified school district is deciding on closing 24 schools. (ken) one of them is roots international academy in east oakland. if the board votes to shut it down, it would happen at the end of the school year.(pam) kron 4's justine waldman attended the school board meeting .... where parents, stude

lyft says the allegations are disturbing and they are cooperating with investigators. the company says the driver passed a background check last month. ( james ) an uber driver in sacramento says he is lucky he didn't crash - after a drunk passenger tried to grab his steering wheel. the driver... albert castro... captured the incident on his dash cam video. this is on i-80 in sacramento. you can see the passenger reach for the steering wheel and castro slaps his hand away. then once castro thinks he has the situation under control... the passenger does it again. <"and it was literally every ounce of strength i had to keep us from i still don't know how we didn't crash.">( james ) castro did manage to stop his car in the middle of the freeway. the passenger is facing d-u-i charges for trying to take control of the car. police say this video posted to facebook shows the man partying and drinking just one hour before requesting the uber ride. ( darya ) new th

a 30-year-old lyft driver from maryland said he's making half of his usual pay because of the reduction in tourism and agencies in the d.c. metro area. we are hearing from restaurant owners who do not have the same influx of customers with this shutdown. in cambridge, massachusetts, we heard from a startup in my district that primarily has d.o.d. and d.h.s. contracts. they have a week and a half left of funding to meet their payroll, and it is often the federal contractors' stories that we don't hear discussed. we also have a nonprofit in new england that is struggling to provide assistance for people with disabilities who often are not able to get the work that they need and are afraid they will never return to their job. so ine is important for many of these folks. with this continuous shutdown and with their inability to go to work, their lives are severely impacted. these are just some of the devastating stories that are causing so many problems in american homes, businesses, and for the bottom line. that is why democrats are nified in our call that, let's reopen government. we can

i've been with lyft and more exciting.nd motivate and launching scooters know the just in the district, but also as of mond monday, in-- it's exciting. >> eleft-- we left something in the air when we talked about other modes of transportation, what's out there that we're not using yet? >> oh, i don't know. one. things if you were to think about a year ago today. we didn't anticipate scooters. five years ago, who would have thought we the gnc's coming and we have to open up, there needs to be more modes, scooters are, you know, feel how do you about scooters, but they only accommodate very mobile active people. a lot of the work that we do has to do around people that are living with mobility challenges, that work pretty closely with aarp. looking to provide modes for, you know, people who are aging in place and might not be able-- might not feel comfortable riding a scooter. it goes back to, i think we can't, in a way, predict the modes that are coming. but that we have to prepare the infrastructure to support what's going

has arse, lyft relationship with general motors. because general motors has said they would be out with autonomous vehicle in 2019 commercially. kevin: the areas we see moving to is electrification and self-driving which we think is a way off. we think a downturn in the market and the broader economy globally, you will start to see investment rain in. the first of the -- alix: kevin, hang on one second. david: breaking news out of tesla. they delivered a little lighter than their estimate. $2000re also announcing a price reduction in the united states might have to do with losing the subsidy. alix: it will partially absorb that. overall -- the 61,000, that is for model three. david: that is the one everyone is focusing on. so, a little less than what was estimated, but at the same time, a pretty strong number. tevin coleman a very strong number. what that does is get them -- kevin: a very strong number. it gets them to the sustainable number. david: they have a long way to go to $35,000. that is what demand and value growth will hin

lyft says the allegations are disturbing and they are cooperating with investigators. the company says the driver passed a background check last month. ( darya ) an uber driver in sacramento says he is lucky he didn't crash - after a drunk passenger tried to grab his steering wheel. the driver... albert castro... captured the incident on his dash cam video. this is on i-80 in sacramento. you can see the passenger reach for the steering wheel and castro slaps his hand away. then once castro thinks he has the situation under control... the passenger does it again. <"and it was <"and it was literally every ounce of strength i had to keep us from i still don't know how we didn't crash.">( darya ) castro did manage to stop his car in the middle of the freeway. the passenger is facing d-u-i charges for trying to take control of the car. police say this video posted to facebook shows the man partying and drinking just one hour before requesting the uber ride. ( d