mahindra >> mr.s so much for joining us on cnbc >> thank you for coming out here >> a beautiful new factory look forward to seeing it. carl, back to you. >> our thanks to you, michelle >>> let's get to sue herera and news update at hq. >> hello, carl good morning, everyone here's what's happening at this hour hundreds of students gathered at the university of zimbabwe campus to demonstrate against president robert mugabe, this after he defied calls from his own party to step down the university has faced criticism for awarding a ph.d. degree to mugabe's wife. >>> german chancellor angela merkel holding talks with germany's president after discussions on forming a new government collapsed those talks raising the possibility of new elections >> the georgia dome is no more imploded this morning. the stadium was completed in 1992, and it was the home to the nfl's atlanta falcons until this year the building has hosted the olympics, the super bowl, and college basketball's final four over the years >> and

mahind mahindra is happy to watch the race play out. >> when the elephants clash good for us. you don't want to get in the way. we love seeing elephants clash particularly when they relate to the supply of batteries to this industry. >> reporter: to see the impact that chinese industry can have on an energy market, we traveled, of all places to rural india. people here still use hand tools and primitive sources of energy, but just over the horizon -- the future is already here. india produces about 8% of its power from renewables like wind and solar. it's about the same percentage as the united states, but india has set as a national priority the goal of nearly tripling that number in just five years. these solar panels are the fruits of american investment. seven years ago an indian entrepreneur pitched goldman sachs on starting a wind farm in india. they gave him $250 million to get his company renew power started. now it's worth $2 billion. >> we have almost about 60 facilities like this across different parts of rural india. >> reporter: 60 plants like this? >> 60 plants l

the other product mahindra manufactures is this fun little thing. is a power assisted bike. watch. i just do a few pedals and then it turned off, guys. never mind that was supposed to work far better than that it must have gone into rest mode because it's actually supposed to assist me you didn't see it. anyhow, these are $1,899 not $18. talking thousands of dollars they're big in san francisco i think we're still on. >> does that run on battery, michelle. >> reporter: back to you guys. >> is that on battery? >> reporter: it runs on battery, yes. what did i do wrong here the power -- okay. yeah so -- >> oh, wow. >> you'd be happy to know, michelle, the formula-e car much more successful. ten podiums last year in formula-e. >> really. >> yes >> look at her, she's just going all around. >> there she goes. >> reporter: i'd bring back one of these for you but they're illegal in new york. got to talk to the regulators. >> why areally illegal thein new york that's weird michelle, safe travels see you tomorrow. >>> this german election thing over the weeke

>>> big interview coming up on monday, i'll be live in auburn hills, sitting down can anand mahindraw u.s. administration concerned about jobs being outsourced overseas in india. he's opening a factory in michigan to bring jobs here. >> look forward to that. i thought today, sort of speaking about the auto business and industry, tesla, the battle joined between bob lutz and our first guest who has one of the highest points of stock price targets on the street. lutz goes the other way, says it's not going to be around in a couple of years. there's flawed business model, and that elon musk has no clothes. the question is, two you bdo yoe horse, bet the jockey? i bet the jockey. >> tesla was in the high 100s, 200s now 300. take it for what it's worth. thanks for watching "power lunch. >> "closing bell" starts right now. >>> hi, everybody. happy friday welcome to the "closing bell." i'm kelly evans at the new york stock exchange. >> happy friday from me as well, i'm bill griffeth. talk about media madness now we have as you heard comcast and verizon also apparently approaching 21st centu

. >>> also but in this morning, uber and mahindra announcing a partnership in india uber will be using electric car vehicles in india it has been slow, by the government pushing for all cars to be electric by 2030 the car company will be providing financing, insurance and vehicle services for the vehicles they will work together to set up charging stations in target cities >> cbs and dish network resolved a dispute over carriage fees that ended a three-day blackout that affected customers from watching the cowboys/chargers game yesterday that's playing high stakes, not letting you get your football. >> it did. >>> sources tell the associated press that lawyers for former national security adviser michael flynn have stopped working with president trump's legal team flynn's attorneys made that decision known this week it's a move that could signal flynn's willingness to cooperate with special prosecutor robert mueller's investigation into russia interfering in last year's presidential election there are other reasons for his legal team to potentially stop cooperating with trump's team, i