very few edison models and patent models. most of his inventions were after the model requirement. >> i'm a little confused about the dispersion of the models. some went to the smithsonian. some went out at auction. some went out to inventors. how did all that play out? the models >> were offered first of the smithsonian and then other industrialists. >> in what year? ld: prior to 1925, bulk of in 1925, the the models were put up for auction in new york city. that is when sir henry wellcome bought the entire group of models, which were a couple hundred thousand, probably. are the models on display at the hagley museum, or are you in the process of adding an exhibit. we have about 100 on display right now. mr. rothschild: there's actually 25 models on display here at the smithsonian. being involved in the patent office and searching and all of do,, one of the jobs that i disclosures are coming in in .ideo formats and 3-d formats of course, there is all this 3-d printing going on at the moment. do you think models could make a

maybe had one or two models. there is really not any one particular model that i would have wanted, except, maybe an edison model. there were very few edison patent models, he had many patents, but, the reason there were not many because most of his inventions were after the model requirement. >> i am confused about the dispersion of models any patent office. someone to the smithsonian and someone out at auction. out? d all of that play mr. rothchild: the models were offered first to the smithsonian and other industrialists. 1925, that happened. in 1925, the bulk of the models were put out to auction in new york city. henry welcomedr into group of models. they were in the hundreds of thousands. -- thousands. >> are the models on display at the museum now? or, are you in the process of mounting an exhibit? what is the status? >> we have about 100 on display right now. we will add that from a few years ago. >> their exit 25 models on display here at the smithsonian. being involved in , one of theffice disclosuresis

su trains five modeling students together with the 30 models at his agency.hem, the youngest of them all, this is her third studio lesson. ♪ su teaches her the basic movements step by the studio is not the only place where su teaches. this shop specializes in the traditional dress of vietnam. len is getting her lesson wearing the alzi for the first time. su says practicing in the alzi brings out the gentle grace in a woman. 30 minutes into the lesson, lan is looking more graceful. this girl is 20 years old. su discovered her two years ago in the su believes his protoge is a star in the making. she will make her debut as a fashion model this year. >> translator: i've trained models for many years. the moment i saw her, i saw an aura. she's more than tall with a beautiful face. she's gentle as well. i thought she'd make a wonderful model. >> at 182 centimeters tall, she stands head and shoulders above most vietnamese women. when su discovered her, she was still in high school. >> translator: at first, i was afraid of him and didn't believe him. i had never mode

su trains five modeling students together with the 30 models at his agency.hem, the youngest of them all, this is her third studio lesson. ♪ su teaches her the basic movements step by the studio is not the only place where su teaches. this shop specializes in the traditional dress of vietnam. len is getting her lesson wearing the alzi for the first time. su says practicing in the alzi brings out the gentle grace in a woman. 30 minutes into the lesson, lan is looking more graceful. this girl is 20 years old. su discovered her two years ago in the su believes his protoge is a star in the making. she will make her debut as a fashion model this year. >> translator: i've trained models for many years. the moment i saw her, i saw an aura. she's more than tall with a beautiful face. she's gentle as well. i thought she'd make a wonderful model. >> at 182 centimeters tall, she stands head and shoulders above most vietnamese women. when su discovered her, she was still in high school. >> translator: at first, i was afraid of him and didn't believe him. i had never mode

then the last little model i want to note is the bundled payment model. bundle payments, of course, we're lucky enough to have someone here who can talk about direct experience. so i would just characterize this model as one that focuses on a whole episode of care rather than payments that are made to individual providers for the individual services that they themselves provide. the bpci demo has four different payment models. they're triggered by a hospitalization. but there are many details. so i'm not really going to get into them. but to say that the results are very preliminary. so finally, i will just close with a few comments oni ongoing challenges and opportunities. we see here that -- actually, i have to put my glasses on. cms launched a lot -- to be fair, a large number of payment models in a very short period of time and in a changing healthcare environment. we can note that while we're all sitting here wanting results, congress, providers, cms for sure, it takes time. and so there's certainly attention between what we want and letting these mo

are in a bunch of our models. it's because you have seen a cultural shift that people know this is where we're going, it's the path we're on, we need to learn how to get there. i think the progress will continue. regardless, delivery system reform i think is truly bipartisan. then on the details, three things. you will see increasing -- we announced the certification of the diabetes prevention program which we haven't talked about today. a few weeks ago, i think you will see increasingly results that meet the bar for expansion and therefore expanding the program. you will also see us take learnings from programs even if it's not formal expansion and propose them into various programs. two, i think you will see continued models that fill gaps like the conference and primary care plus model today. we are working on direct consumer oriented models that are complicated and hard to get right but we worked on health plan innovation which we haven't talked about much today. the drug space, you have part b model that's a

is the mssp models. they could for about 7 million beneficiaries over 700 acos. the that the mssp models with the most beneficiaries are called track one. in that model the providers do take on risks with medicare and they can share in savings. new tracks are taken up and i would say about a quarter of the mssps shared in savings as results came out for 2014, about half of the pioneers achieved and were able to share in savings. the last model i want to note is the bundled payment. we are lucky enough to have someone who can talk about direct experience. we can characterize this as that focuses on a whole episode of care rather than payments that are made to individual providers for the individual services that they themselves provide. there many details. i'm not going to get in to them, but to say that the results are very preliminary. i will just close with a few comments on ongoing challenges. we see here that while we are sitting here wanting results, congress providers and cms for sure, it takes tim

after model what we can do to be more sought after to the navigation center has been our best model thank you to interfaith counsel that provide an exceptional documents now we have the model we're breaking down a kind of old shelters we had where people they were put in and kicked out and put in and kicked out it is kind of no different than american people encampment in many ways but for the fact health and public health challenges we want to demonstrate there is a better model and that no less committed are those models that we have to have the end result that is permanent excellence exits out the fact homeless we've helped. >> veterans and responsibilities and chronic homeless for veterans and families you've backed up with appropriate funding where we demonstrated we can get something done that is appreciative the rad program as i mentioned earlier our stellar - that's much more successful and independent in hair lives we did this and the voters get it as well recently last november to supplies for you will have us we passed (11) 000-0000 homeless bond we've not done that for t

they did not do that with the model act's -- model x.ith my wife tesla needs the model three to sell like hotcakes. >> it arguably the most important vehicle yet. the new car will not launch fully until next year at the earliest, will be priced more for the mass-market. with mass-market, comes mass competition. competitors like gm and bmw are working hard to catch up. there were only four electric models in the u.s.. by the end of next year there , are expected to be almost 60. as any car dealer knows, the against,ls you are up the harder it is to make the sale. the more you have to spend to promote and market the product. this uses up a lot of cash. tesla already burns a lot of it. worse, both competitors have a big edge. they sell millions of regular lossescks to absorb the threeir model challengers. tesla right now is valued at $30 billion, putting it in the top 10 carmakers of the world. but its sales cannot come close to matching other companies. take a look. you cannot even see them here. to buy this stock at this price, you have t

after model what we can do to be more sought after to the navigation center has been our best model thank you to interfaith counsel that provide an exceptional documents now we have the model we're breaking down a kind of old shelters we had where people they were put in and kicked out and put in and kicked out it is kind of no different than american people encampment in many ways but for the fact health and public health challenges we want to demonstrate there is a better model and that no less committed are those models that we have to have the end result that is permanent excellence exits out the fact homeless we've helped. >> veterans and responsibilities and chronic homeless for veterans and families you've backed up with appropriate funding where we demonstrated we can get something done that is appreciative the rad program as i mentioned earlier our stellar - that's much more successful and independent in hair lives we did this and the voters get it as well recently last november to supplies for you will have us we passed (11) 000-0000 homeless bond we've not done that for t

william explains why tesla needs the model three to sell like hotcakes. >> the model three is arguably the company's most important vehicle yet. the new car will not launch fully until next year at the earliest will be priced more for the mass-market. with mass-market comes competition. their success today mean s competitors like gm and bmw are working hard to catch up. just five years ago, there were only four electric models in the u.s. by the end of next year, there are expected to be almost 60. as any car dealer knows, the more people you are up against, the harder to make a sale. the more you have to spend to promote and market the product. this uses up a lot of cash. tesla already burns a lot of cash. worse, both competitors have a big edge. they sell millions of regular cars and trucks to observe the -- absorb the losses on their electric product. all of which is a problem for investors paying top dollar for tesla shares. tesla is valued at $30 billion, putting it in the top 10 carmakers of the world. s sales do not come close to matching other companies. you cannot even see the

well that did not happen with , the model x. but will it happen with the model 3?he indenting joins us and says tesla does need this model three to sell like crazy. reporter: tesla's model is three arguably the company's most important model yet. it won't launch next year until the earliest. it will be more for the mass-market. but with mass-market comes a mass competition. atla's success to date tightening fuel efficiency standards means competitors like gm and bmw are working hard to catch up. just five years ago, there were only 4 electric models in the u.s. at the end of next year, there are expected to be almost 60. as any car dealer knows, the more rivals you are up against, the harder it is to make the sale and the more you have to , spend to promote, market, and jazz up the product. this uses up a lot of cash. and tesla already burns a ton of it. worse those competitors have one , big edge on tesla. they tell millions of regulators and the trucks to absorb the losses made on perfecting their own model three challengers. all of which is a problem for investo

the company goes through tesla models. the model s and x and each was a life or death prop tigs. this raises the -- proposition. tesla has been getting by on a luxury segment of the market. it's trying to compete with auto makers. it prices the carsn the range. unlike the automakers, that can sell boatloads of cars. tesla does not have that luxury. this is a definite turning point trying to be - trying to earn its place, ranked among the highest value auto makers. tesla says the base model car will do 0 to 60. it's april fool's. among the pranks. lexus with telco seats to hold drivers in place. thanks for watching, more news next from doha. >> and a very welcome to the news hour much i'm nick clark, live from the headquarters in doha. coming up in a few minutes, worsening conditions in refugee camps. the panic is real. >>> an israeli soldier accused of the killing of a palestinian released in a military camp. >>> myanmar's parliament votes to

like gisele, kate moss. >> we say, if you're a model you're an img model. we opened up the conversation on diversity in the last two years. >> reporter: a conversation that led img models president ivan bart to create the curves division. the name pointedly rejecting the industry's plus-size label. ashley graham and marquita among the women who captured the attention of magazines and designers. >> when i saw how successful they are, how much revenue they generate, it opened our minds about how important this industry is right now. and how much opportunity there is. >> reporter: and the perfect opportunity to send a message to young girls about what is a healthy body size. girls like tessa embree, who this week sparked a similar conversation after writing a letter to her gym teacher refusing her assignment to calculate her body mass index, bmi. >> i am just beginning to love my body like i should and i'm not going to let some outdated calculator tell me i'm obese because i'm not. >> reporter: the eighth grader refusing to let her health be defined by a numbe

it's got a much different look than the previous models. >> i like that car. >> the model 3 will cost but $35,000 before government incentives. ets less than half the price of previous tesla models. >> i'm glad they finally made an affordable ones. >> i think it's outstanding looking for $35,000. electric car. i think that's a good deal. >> earlier today the promise of an affordable electric car had hundreds of people lined up to reserve one of their own. some even camping out overnight to pay a thousand bucks for a car they hadn't even seen. after the big unveil, many say it was worth it. what do you think? >> it looks awesome. i can't wait to see it in person. >> according to elong musk, the company has already received more than 115,000 preorders for the car. the model 3 doesn't go on sale until late next year. reporting live from santana row, laura malpert. >> elon musk tweeted, "thanks for tuning in to the model 3 unveil. part two is super next level but that's for later. that apparently is when the car is closer to production. >> acceptance week isn't getting an approval from ev

the tesla model three is still pretty much a secret. but judging by the crowds today here, everybody wants to drive one. it's the first tesla that's being called affordable. the ceo tweeted out today that demand is so high that online ordering starts early tonight at 7:30. the electric vehicle's big reveal happens at 8:30. >> we just couldn't wait any longer. so it's going to be our new car. >> reporter: she waited outside for hours to put $1,000 down on a car she's never seen. >> we already have a charger in our garage, we have solar power. >> reporter: laura lee and her dog smoky just reserved two tesla model threes. >> i'm buying it sight unseen, but i'm trusting in the ceo. >> reporter: the new model three remains a secret, but everybody here wants one. we counted at least 400 people waiting to put down a refundable deposit. >> reporter: tesla is the only car on the road that excites me. i've been waiting for years for a tesla to come out in my price range. >> reporter: the price will start at $35,000 and won't be available until la

the model "s."o i wouldn't expect this to be any different. >> concerned about execution. >> yeah. there's nothing to work with to your point. no valuation. an asset can drop from 250 at the beginning of the year back to 140 and back to 250. >> it is a valuation. they have a business valued at $30 billion and ford is a $40 billion company. >> that's the point. that's not a real valuation. you're just playing with numbers at that point so now it's a question of somewhere out in the future is this ultimately going to grow into these values and nobody knows that. >> i know dan is out there and is yearning to get in. dan? >> well, here's the thing. these guys are right the valuation really doesn't matter. it didn't matter last july when the stock was trading at 280. didn't matter two months ago when it was trading 140 and mike is correct about the whole notion of a business plan. mel, you bring up the point about execution, you know. you saw elon musk in a presentation last night do a shruggy when he sa

and it still has to make the model s. well, also now making the model 3. so, tesla making 50,000 cars a year. to put that into perspective, sam. the largest car dealer in the south bay, del grande sells about 35,000 cars a year. fords and shevies. i'm comparing a carer with a car dealer. it's apples to oranges. how few cars tesla actually makes. >>> april fool's day and companies making announcements. virgin america new logo. my favorite, though, is from france. take a look. >> single fries. >> single fries. exclusive at burger king. >> i don't think you need to speak french to understand what is going on there. >> so french for them to say, fries so perfect you just need one. >> no way that narrator was french. i do a better. >> freedom fries. >> they don't like it when we call them freedom fries. thanks, scott. >>> well, here is a live look at at&t park this morning. does it look like it's dressed up and ready for baseball? yes, it does. tonight game two of the bay bridge series. the a's versus the giants right here on nbc bay area. >> and as you probabl

the average expectation for model 3 orders was only 55,000. in fact, cumulatively by year end investors only expected 117,000. so to have achieved north of 130,000 in the first 24 hours clearly is way above where investor expectations lay. >> a strong beat when we look there, but as we were discussing, it takes about $1,000 to put down for the order. on the surface of things, within 24 hours, that's a remarkable number. but i want to get into the other element here, which is the giga factory and how crucial the model 3 is to the success of that factory. can you tell us more about that? >> clearly a large percentage of that is going to go to the tesla vehicles. within that, tesla are looking to produce 500,000 supplied by the giga factory. we would expect north of 300,000, close to 350,000 to be model 3. >> so that kind of scale will undoubtedly bring down the cost of some of these battery packs. how important is that to the actual stock performance here? because a lot of investors who are reluctant to invest in tesla are concerned about the ca

this could be a $6 billion launch for the model 3. of the things that is how propelled this stock higher. it had been down more than 40% for february. now about flat on the year. the bullish action recently has taken a stock above its moving average. the buyers are very interested, suggesting more upside could be ahead for tesla. let's stay on tesla. elon musk spoke at the unveiling last night saying the car will be fast and efficient. >> even the base model 3 will do zero to 60 miles per hour or -- in less than six seconds. slowsla, we don't make cars. of course, there will be versions of the model 3 that go much faster. terms of range, the range will be at least an epa rating of 215 miles. betty: like a concert. for more on what the model 3 means, let's bring in analyst colin rusch. you liked it. this is part of the process. the long-term basis, the development platform. it was part of the step toward the high-volume vehicle coming out. if this was anything less than spectacular, i think we would've had something to talk about. bett

this is the model s right here. but earlier today, people were lined up around the block waiting to reserve the model 3. the big draw for tesla, it's the first affordable electric car. food deliveries. >> emails. >> laptops. >> your boss know you're here? >> is this going out on live tv? >> today many tesla dealerships look more like apple stores the day before a big iphone release. >> we probably had beginning about three to 400 people waiting in line. >> the wait in downtown walnut creek is for a car. >> people are lining up to actually buy the new tesla? okay. well -- >> a vehicle they know almost nothing about. >> nothing. i came with my credit card and my checkbook. >> the model 3 doesn't go on sale until late 2017. but potential buyers like jared fovian and his son were able to reserve the car with $1,000 deposit starting this morning. >> how long does it take to reserve the car? >> a few minutes. >> with a base price of $35,000 before government incentives, the model s will set you back about half of what the

mainly the holgd model s, but also model x.esla today said it does not expect any impact on its financials because of this recall. nonetheless when you add complexity to manufacturing, this is when you start to have more recalls pop up. and that's what we're seeing right now at least with the model x in this recall. >> phil, you've been covering tesla for a long time. does it strike you as early for them to say that there will be no impact on full year results? tesla has on so many occasions remimded investors that any glitch with the x could impact s numbers coming off the line. >> no, it doesn't strike me as being soodd. one, the manufacturer of the seat backs is covering all of the repair costs. and in terms of the number of vehicles being fixed, it's 2700. most of those are in the united states. they will take care of that over the next couple week. buts he's such a small number and they could make the change because manufacturing scale is so limited right now with the model x that it's unlining to have a huge lingering imp

the only has to prescription model. -- it passes to a subscription model. we are at the beginning of a big market. more than 50% of the revenue is digital revenue. you can see the potential. francine: are there any markets or countries that are willing to pay? >> we are the leader in the emerging markets. we have some asian markets. columbia, for example, was a small market or the music industry, but now it is a double digit million dollars market. those markets will leapfrog. people jump into streaming. francine: is it infrastructure? >> it is infrastructure and mobile economy. francine: is that five or 10 years away? >> it is shorter. you will see the top level of customers. in latin america it goes fast. africa, it may take a bit longer. cory: that was deezer ceo hans holger albert. talking with francine lacqua in london. meanwhile, spotify is said to raise $1 billion in debt. that debt is a loan that converts into stock in certain scenarios that turn into class a shares. this deal has some toxic terms. caroline hyde is monitoring that story from london.

and getting to the model three. and so that will make the stock go higher, i think. that was our call and upgrade a few weeks ago. >> ben, this is phil lebeau. does this issue speak to the broader concern that was out there in the marketplace with not just tesla, but any auto manufacturer. as you increase the number of models and the complexity of your production line, you will start to have this type of an issue pop up. it may not be a lot. it may only be infrequently. but you'll have more of it, correct? >> yes, phil, good to hear from you. the big thing is, you know, tesla is putting two different models on the final assembly line. and so you have, you know, different parts and new value chain that you're trying to tap there. and also in housing the seats there, which might be some of the issues that they're having here. but this is something that will get over, just like they did in the model s in 2013. i think investors are looking ahead now, starting it look ahead and it has been, you know, some of the stock i

self models, the roadster, the model s and x, each of those was a life or death proposition, and thisone raises the stakes again. tesla has been getting by on a luxury segment of the market. but now it's trying to compete with regular automakers, makers who price their car in the 20-$30,000 range. selling boatloads much cheap cars with funding for electric vehicles, tesla does not have that luxury. this is a turning point for the company to try to be, basically trying to earn its place among the highest valued automakers in the world. >> jacob ward reporting there, he said that the base model car will do 0-60 in less than 3 seconds. >>> be careful what you do today. pranks have been spotted. lexus announcing velcro seats in cars, which hold the drivers in place, and google said a same day delivery service that seabeds out products via parachute. i would want to leave that. >>> and and a new app that allows people to get a taste of the menu by licking pictures of the food on your phone. don't fall for it. thank you for joining >> >>> good morning >>> world leaders meet to discuss how t

and thank god for oversized models.roblem. >> harris, to the point where a supermodel is being fat shamed where are we on the issue in this country? harris: we're cruel to each other on a whole host of topics way we look. women can be particularly tough on each other. industry, while victoria secret models, they are marketing because they want us to buy the products no matter how much the guys like watching. idea of seriousness with the health, some of these are mental challenges. >> absolutely. harris: i don't know that legislation is, i mean because we've seen it woefully underserviced in terms of guns in this country. argument is the guns -- nobody wants to talk about mental issues around people who might have picked up the gun. this is another case of that. i don't know that you can target legislation to hit helping people before they get the to point where they're not eating because there are some other things going on before you decide you will not have that piece of whatever. >> eboni's point they're not all the

the unveiling of tesla's model 3. "today in the bay starts right now. >>> good morning, thanks for joining us. i'm kris sanchez in for laura garcia-cannon. >> i'm sam brock. right now we're unveiling your friday with no joke. >> good morning. clear skies as you head out the door and chilly temperatures, again. not as cool in some spots like san francisco and the east bay. 54 degrees and dropping to 4 degrd 2 degrees in the north bay. sunshine and light wind and 70s for the north bay and the tri-valley. this weekend, more of the same. i'll show you that coming up in a few minutes. let's head over to anthony with a check on traffic. >> things are moving pretty good this morning. we don't have much to report. you know the trend, friday light. that is happening right now across the bay area. start you off near the bay bridge approach and we do have a crash and this is on the 580 connector eastbound headed away from the regular flow of traffic. so, we're not seeing much in terms of traffic being impacted on the westbound s

of the new model 3. the stock is up 17% in the model 3. elon musk saying preorders were spectacular. >> incredible. 150,000 people, at least 150,000 people worldwide have given tesla $1,000 and said hold a place in line for me when you start delivering the model 3. guys, brian, you know this from the auto industry, it's not uncommon when a new model comes out to raise their hand and say i'm interested in the new mustang or camaro. it's another thing for people to say here's $1,000. you hang on to this for a couple years. i don't care what industry you're in, that's unusual. that speaks to the power of the tesla brand and the anticipation of the model 3. the base will start out at 35,000. we know model also sell for 55,000, 65,000. >> i love the point, people are putting down the cash. what is the manufacturing capability going to be? if i'm number 115,000 in line, when would i get my car? >> you're not getting it until 2019. let's be honest. they'll start deliveries at the end of next year and slowly ramp up production. i would expect, if

last year they sold about 50,000 model ss and model xs here and i want to make one point. we have an interesting chart of crude versus tesla over the past year. we know model "s" or "x" buyers are not that sensitive to the price of crude oil or gas at the pump when it's about $1, springing for a $100,000 sedan, electric vehicle, but look at that chart. every time crude oil has turned down essentially if you look at the correlation between tesla stock, tesla stock has followed, and they have actually converged for all intents and purposes on that chart. here we know crude has just come off here about 10% here, and we saw this divergence of tesla stock into this event. so the way i see it, i'm a little more bearish on it than carter. not saying that carter is bearish. i think it's backfilling. i suppose you get a move back towards 200 in the next couple of months because expectations are high and not a lot of cat lifts between now and when they release this thing. >> what's your trade, dan? >> to me the stock, it just basically broke that downtrend that had been in place sin

the model of jesus, saint francis. and how they work selling love with all of god's creation, and jesus went off in referred to the creation, and remind people to be like the lilies of the field. so many different references to nature, that jesus was in nature and mindful of nature. that really resonates with me spiritually, but i would love to hear from your perspective, and where do you find practically the source for hope ? >> i am practical and how i approach thing. jesus and saint francis are universal models, but we can have a local more practical model for raising awareness and taking action through improving the environmental performance and the pears, engaging parishioners around education and actions in our community. in this faith-based community and elsewhere. in connecting all of us in the area, the region, the planet, around the environmental crisis. the beauty is that we don't have to figure this out for ourselves, and we see the diocese of san francisco and those engaging in some impressive programs and

it's called character modelling. i get into the character. this particular one here is -- there's a glass of bourbon in my hand. this is a love garage, and it was by liz crow. i have the tire and a wrench. >> reporter: 1,000 bucks a pop, and business is booming. >> there's been an influx of guys coming in to do it. >> reporter: 84% of readers are women. >> i look for the character. >> reporter: she's written over 50 books. >> does it make aif >> it does. covers are important. >> reporter: as important as what you slaved over? >> almost more important. it's the first thing someone sees. if you see someone dressed nicely, you'll have a better impression than someone that's not. >> reporter: okay. >> i want to see a little bit chest. >> reporter: will you buy a book on the strength of beef cake on the cover? >> probably, yeah. if the book ain't no good, you can put it on the shelf and look at it. >> reporter: that's a good point. >> yeah. >> reporter: back at the contest we discovered jessie the gladiator's achilles heel. zero rhythm. >> may i h

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i'm the old model. twitter was really i think going to be less and less important every year and its chances of breaking even, the chances of ever making the model work have been going away because it didn't have a compelling reason for new people to have high levels engagement until this deal, and so if they can make this model work in terms of engagement, i don't think he made any difference if they lose some money on it because if the model works then it's a new business model that's radically more attractive from an advertising and revenue point of view than the core twitter businesses that exist today. >> roger, tim seymour. let's talk about this curated, this word that people hear all the time, really where twitter is in this unique media. isn't this a place for twitter to be creating their own content out of nfl games. in other words, they are suddenly taking a product and it's being evolved on the fly by everybody that is using it. this to me seems to be very kind of evolutionary. it may well be

we all have different models. some models can be modeled and shared but always goes to be tweaked, and that's what you want to be able to do. the beauty of a digital age -- this is the digits, the fingers, it's hand-on thing. it can restore the human scale, and you start thinking less in terms of, oh, let's put this big shopping mall there and, rather, how are we going to create circulation of currency between the business people in our community already. so i don't mean to not answer your question, but i think the object of the game is not to get attention for the idea. that's my job right now. i wrote this book. i'm going to go out there and stump and i'll fight and hopefully some people will read it. that's what books are for. the boy scout manual is one of them. this is another one. get out there let people see it. it's as easy as a pdf. the trap we don't want to get into is the trap that obama fell into after the song market crashed to think business as usual. i got to get a bank to lend money to a corporatio

about half the price of its current models. >> that's why this new model seems a little more friendly to us and our budget. >> the tesla price point vehicle of $35,000 would compare to other focus electric. >> reporter: dealers aren't worried even with tesla's affordable electric car and business model that bypasses traditional dealerships. >> we always like their competition. so we're open. competition usually brings more buyers. so it's not a negative. >> reporter: and because the demand for the model 3 has been so huge, ceo aylan musk announced earlier today that online orders will open an hour earlier. that means at 7:30 you can go online and reserve the model 3. then at 8:30 there's the big reveal where you're finally going to see what this car looks like. jess, what do you think? are you interested? >> i'd like to see what it looks like first. a little old-fashioned. i'd like to see it. i'm going to have to wait until 8:30, i guess. thank you, elyce. >> again that's at 8:30 tonight. right now this is what tesla's web site looks like. nothing. if you want to watch it we'll have a

the call the model 3 game changer because of $35,000 price way down from the model last. that is good for the company and good for consumers. as mentioned did not announce exactly when this will be delivered. as we said it's going as we speak to want to check out good two or website kron4news-dot-com or mobile application. >> pam: >> grant: on tv event just rotting briefly listen then. "we don't hear anything. ec the packed auditorium in southern california announcement about to begin we will keep you posted here. >> reporter: 9 affairs 2015 bicyclist were using were removed. wait, stop the presses , you bicyclist didn't want this story told, nope, this tweet was sent out basically telling riders to follow the law while i'm on the prowl ummm it didn't work, oh where was i oh was asking the woman if she know about wearingyou cant do that anymore you no idea ok thank you/ i just moved here where you come from la ok will its statewide great never have a bike before this is the first time alright how long you had your bike natural sound well that went well then there was jack

were200,000 models requirementfore the was abolished.lan rough child and his wife had collected over 4000 patent models, including conventions, such as the breach loading firearm and the 1879 carburetor. next, the smithsonian american art museum hosts a presentation by alan rothschild who shows images of the collection and talks about the book he and his wife co-authored "inventing a better mousetrap." it's about 50 minutes. when betsy and i decided i would put on a neck's edition of patent models in the building a few years ago, we thought this was a no-brainer because we could go to the smithsonian national museum

. >> tesla announcing today its recalling over 2000 model suvs. what it means for the brand and future selling power. two hours from the closing of the trading. >> we seen storks sort -- stocks fall off. had an early strong start. then paired gains as we head into the afternoon. the dow is remained the strongest performer. rally remains is largely commodity. it you take a look at oil and gold, both trading higher. -- there's not a lot of optimism on that. we're seeing crude get a lift. gold also higher as the dollar turned lower. we seem to be seeing that inverse trade at play today. take a look at at imax. financials now in the top pot. just in the past few moments. technology also gaining there. those are groups higher. healthcare has been the big drag throughout the day. >> of course, there's earnings. >> don't ferc -- forget about earnings. personal-- here's are some charts we've been looking at going into this earnings season. so called earnings recession. this is a trailing 12 month average change in earnings for the s&p 500. this is turned

if he does pull this off, a mass market car, yeah, the model three could be the model to f the electrictry -- could be the model t. francine: this is brand awareness. this would be hava great model. are they in a strong position? ryan: brandwise, it is the car to own if you want to look progressive. viennan a tesla in last week. i cannot say who it belonged to. francine: come on. it was simon derrick. ryan: it has to be a good car. there is some question about how good the car is. you have to make a lot of them. yeah, there are some question marks about that. francine: have you gone electric? simon: i love the idea of electric. series,e watched the e- the motor racing which is fascinating to watch. halfway to the race, they have to change cars because they have run out of charge. that is where the main problem is. ryan: you can get a battery with extra life. that is one of the options. $35,000 is a bit of a trick. 215 miles at least. simon: how long does it take to recharge? the: i don't know answer. it goes from 0-60 in six seconds. simon: that is only going to get me halfway up the mo

and harder to sustain a website on the ad-based model.is about getting as much traffic as you can. the more eyeballs you get, the more clicks you get, you can sell more advertising. carol: they don't get that much traffic. >> they don't get a lot of traffic, and they don't publish that many articles. but they are more concerned about recommending a product you are actually going to like. if you buy the product, they get paid. if you don't like the product, the recommends then they do not get paid. some people might say they have a conflict of interest, but they -- because they are are recommending these products that they get paid on if you buy it or not. but their response is we have a vested interest in recommending the best products we can. if you don't like it, we don't get paid. carol: if you recommend garbage, you might do that once as a consumer, but you will not go back and they will lose credibility. and they really do -- they have become the consumer reports for the digital age. it is fascinating. they do some really in-depth te