now i understand mary barra, the ceo of gm, says they will start to make it again.hat is a neat transition. mr. toyota says that is the future, to do this kind of hybrid. we say at republicen.org, let the free enterprise system figure that out, make it so the cost of owning fossil fuels is built in through a carbon tax, paired with a reduction in payroll taxes. then let's see what the impact is on cars. it may be that toyota is right, that mary barra's decision to reel in production of a hybrid will be right. in the meantime, we surely need to get off all these admissions and make us accountable for that, and then we will find those hybrids pretty attractive vehicles. host: bob inglis is joining us for this conversation. david in san francisco. hello. caller: he has an unenviable effort. when you think about money, people are born into a system that they have no knowledge of, the rules are never taught to them, and then there are con artists who take advantage of those rules. when you think of polluters, each drop of pollution might cost 30 times more than they got

emily: we go to see mary barra in detroit. we get to know her behind-the-scenes.ounder of oculus in making drones, satellites, warfare. i think you will love it. ed: you can catch the full episode tonight here on bloomberg. caroline: coming up, regulation that could be coming up next month two. that's coming up. ♪ when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insulin levels. we tackle the cause of weight gain, not just the symptom. when you have good metabolic health, weight loss is easy. i always thought it would be so difficult to lose weight, but with golo, it wasn't. the weight just

i want to focus on mary barra. she had an unbelievable quarter. when i say unbelievable, i mean they delivered on everything she's been talking about. they only want to make cars that they make money on -- cars and trucks. they did a very, very good job. we can talk forever about elon musk because elon musk is fascinating. mary barra is workmanlike. workmanlike is what works when you're doing cars. that raised guidance, david, was extraordinary. >> as was the beat, frankly. how is it that the analysts miss it by that much? >> is that rhetorical? >> i don't know. it feels like that's not something that should be that far off when it comes to gm -- >> i agree. i was not modeling gm, but i was expecting her to crush it. they're i.c.e. -- let's talk about jonas. jonas said what's bad for tesla is good for ford and gm, so let's give him his due. >> we'll see how the stock opens. right now looks like up almost as much as 5%. out pointed out yesterday the buyback which is not significant. >> ford had to do a buyback -- ford is languishing with all this b

mary barra, their trucks, the accelerator comes -- when you take your foot off it, it doesn't keep going> that's a plus >> that's positive then you got the good torque >> we are going to get tesla on tuesday. jonas did say yesterday, "situation could may well deteriorate further is the company exiting the traditional ev business? at the margin, it seems so >> yeah, it is you know, it's very hard to criticize a genius you know i don't want to be the guy who says, you know what that, mozart, forget about him you got a guy who is a genius. when you speak to his competitors, here's what they say. he can pull a rabbit out of a hat. you never know i don't know what the rabbit is. >> yes >> i don't i'd like to know what the rabbit is i had rabbit on wednesday night. >> really? >> yeah. i took that over the pigeon. what a hobson's choice, you know >> we'll see what happens, what we get on tuesday. >>> lot of news in chips raimondo is going to be on "60 minutes" sunday, a nice profile of how she's made commerce a pretty powerful agency >> out of nowhere. i remember when commerce was a place that

thought this was interesting, gm has previously walked back its ev goals, this time around ceo mary barraonal gas-powered business gave the company the ability to grow its ev business over time while still delivering strong margins, right in get rid of some of those deadlines -- [laughter] stuart: they've still got to sell these evs. >> oh, true, true, right in but it's more of that moderation, which i think was interesting. jetblue, not a good day, okay? this was really all about the guidance, the stock is down 17% right now. they are revised their second quarter sales down 10.5%, their full year was down single ding jilts. this is a really huge blow for their quest to return to profitability this year, significant cost cuts, learned more were coming and you can really see that divide deepening between jetblue and some of their competitors with those broader or networks. pepsico also out this morning. mentioned here. they beat on revenue and profit expectations, net sales rose 2.3%, but you can see the stock is down 2.3% right now. this is really all about a volume issue. it continues to

now i understand mary barra, the ceo of gm, says they will start to make it again.is a neat transition. mr. toyota says that is the future, to do this kind of hybrid. we say at republicen.org, let the free enterprise system figure that out, make it so the cost of owning fossil fuels is built in through a carbon tax, paired with a reduction in payroll taxes. then let's see what the impact is on cars. it may be that toyota is right, that mary barra's decision to reel in production of a hybrid will be right. in the meantime, we surely need to get off all these admissions and make us accountable for that, and then we will find those hybrids pretty attractive vehicles. host: bob inglis is joining us for this conversation. david in san francisco. hello. caller: he has an unenviable effort. when you think about money, people are born into a system that they have no knowledge of, the rules are never taught to them, and then there are con artists who take advantage of those rules. when you think of polluters, each drop of pollution might cost 30 times more than they got in p

who oversaw a successful transition at morgan stanley, mark parker, we have calvin mcdonald and mary barraession committee and the process, i feel, as a relatively new board member, the process is really buttoned up. i also feel strongly about the talent on the rest of the board. mel is on the board and oversaw some great succession planning at coca-cola when james quincey was anointed the new ceo. there is a ton of expertise and it's our number one priority. >> carolyn, there is the possibility should nelson peltz win that board seat you have to be thinking ability succession a lot sooner, mr. iger may say i'm not up for this. would the board be prepared for that outcome? >> the way i look at it as a board member and shareholder, we look at the track record of success since he came back and we want there to be harmony in the board room and also to be really good debate because there is a lot happening in the consumer media landscape. consumer behavior is shifting dramatically, but it's not like bob iger and the board woke up to this fact. back in 2015 he made a bet on streaming buying a 3

we did hear from mary barra earlier this year that she will also pivot a bit and make more of an investments a big departure from the message out of gm, for some time they had been talking about all electric. they had the tagline of everybody in. really pushed for fully electric vehicles. found that -- one, they were having trouble making them, and two, on the others either consumer was not necessarily interested. there was interest a few years ago in teslas, which led the let -- the rest of the industry to say we should get there fast. i think that once they arrived, they realized demand had been met, to some degree, and they have had a hard time competing with tesla. i love your comments -- lisa: i love your comments on what the u.s. is preparing for in terms of a policy shift around china. do you think that ford would welcome incoming tariffs on electrical vehicles from china or does it not really matter because they are moving away from that anyway? craig: it's interesting, trump already took tariffs for the high on chinese vehicles. there is talk and the biden administration on taking