mr. tesla's work, the wheels of industry would cease to turn, our towns would be dark. and it's not only the things he did in his life but he has this fantastic imagination. he was able to envision things and outlined what they looked like even if the technology was available. he foresaw cellphones, radar, laser weapons, artificial intelligence, vertical left aircraft. the list guess on. one quote that knocked me out, on a cellphone, guy 110 year was talking about the ability to have something in your vest pocket which would give you news and he said we shall see and hear one another so perfectly as though we were face-to-face, despite intervening distance of thousands of miles. a man will be able to carry one of these in his vest pocket. 105 years ago he comes up with this plan. so, as a visionary, he was quite remarkable. i should admit, however, that this man also came up with some quixotic notion that you say ethink complicate his legacy or make him more interesting he spent years trying to figure out how to communicate with intelligent beings on other planes. spent

mr. munoz this morning and we will talk to gene munster, an investor in tesla. etter overnight to ae lelon musk. he says he has great faith in mr. musk, but in order for tesla to access capital markets, investors need to have great faith in him and his abilities to see things straight he pointed out that outburst at analysts back in the march conference call, he talked about some other issues like calling out the saboteur and having a twitter e-mail exchange with him, getting rattled about the short sellers in the media and the latest issue with the gentleman responsible for helping rescue those boys in the caves in thailand. he said maybe he needs to take a twitter sabbatical we will talk more with gene munster, big investor, big believer, but is advising elon musk to zip it >> big day a lot coming up. looking forward to it. see you soon. >>> we are on washington watch we will talk about the president's big trip as well and why it doesn't seem to be impacting the market with tough food, your dentures may slip and fall. new fixodent ultra-max hold gives you the s

mr. trump jew trump, jr. tesla.i'm disturbed as late as june 2018 with a learning about prison undisclosed meetings between the trump campaign and foreign entities. would it be lawful for foreign government like the uae or for national to provide services to support the u.s. presidential campaign? >> senator, , i'm not an electin lawyer or a lawyer at also i i should probably try not to practice law without a license but i would again point back to comments made on by colleaguest the table saying we are lacking a wish, and interest in being forthright in candid about obvious topics of interest that could imperil our independence and sovereignty and the integrity of our democratic process. so it seems at the very least unwise, if not illegal, for them not to divulge that information. >> thank you for that careful answer. thank you to the whole panel for your testimony and thank you to the chairman and ranking for this hearing. >> well, thank you. and i assure you, ms. krumholz is careful because she's from minnesota.

that's what happened last week when tesla founder elon musk criticized business insiders, lynnette lopez, over her coverage of the company. the spat erupting on twitter with mr. musk saying and we quote, lynnette lopez has published several false stories about tesla including a doozy when she -- which is impossible. he also accused her of paying a tes tes whistleblower. she's in studio with us today. we're also joined by bethany mcclain. and jeffrey is the senior dean of the yale school school of management welcome to all after you internal documents reveal tesla is blowing through raw material and cash to make model threes and production is still a nightmare. that's where began, right? >> that's where it began i also published a story last week about the fact tesla stopped doing brink and roll tests while getting to their 5,000 goal, which musk b k made a huge public statement about how this 5,000 car goal was going to make or break the company and my recording as my recording indicates and cnn confirmed, they stopped doing this crucial test that every car company does to check the breaks and the alignment on the cars. >> assuming some of this came from r m

it was offensive to almost everybody, wherever they lie in terms of where they stand on tesla. >> i think mrnster understands that we talked about it last night. with musk, you take the good with the bad. >> right. >> is this enough? i don't know shouldn't have done it in the first place. that would be my pushback. you shouldn't have to walk back something like that in the first place. was it enough to assuage the fears of investors, i don't know i would say tesla hasn't performed well in the last months a series of lower highs gives me pause. i think we retest the 280 level. >> the we said elon musk was out as ceo, would the stock trade up or down? >> we talked about that last night. i think and you i know if he were to resign the stock would trade significantly lower. estes la. >> our next guest has a take on tesla as well. alex rupers, the founder and ceo of atlantic investments. you are short tesla. since when >> correct thank you for having me. i am a value investor. primarily ong the long side with you we have been shorting for the 30 years i have been in business the tesla story, the

tesla car founder elon musk. in a now deleted tweet, the entrepreneur described vern unsworth as a "pedo guy". it came after the diver ridiculed mrini—submarine to help with the rescue. shares fell sharply in after hours trading, after the company revealed netflix had added just over 5 million new subscribers between april and june — about a million less than markets were expecting. 0ur reporter paul blake in new york says netflix has been slow to respond to changing market conditions. some analysts have speculated that it was world cup, the world cup took people away from streaming services and streaming entertainment because people were watching the games as they were going on or games in the evening on their dvr. no—one has been able to say exactly what it is yet but this comes at a time when netflix was hoping for good news, they've had a lot of good news over the past six months. they were starting to look internationally. while they've traditionally been an english—language entertainment company and produced programmes in english for the us and for other english—language markets, they've started to expand notably to india w

. >> tesla you missed -- the attack on the media by mr.em necessary sent of our president. he's declaring there's fake news all over the place. >> you said something on apple before we get to bob what do you talk about a finance company? >> when you get your apple it immediately goes to yahoo! finance. i think. they need to make it apple finance. >> oh, in that way i'm sorry. i thought you were talking about the payments financing. >> payments apple -- apple payments is very important we do have a substantial number of people using apple pay. a lot of people still use credit cards. >> yeah. >> credit cards. >> plastic. >> they still take them away from you at the table when you're in an restaurant. >> i know. i would rather go zoom zoom pow. >> bob, are you there? >> i am. >> i tased you, bro. >> thanks. >> good morning, david >>> you want to know what a weekend devoid of talk about trade war escalation looks like? looks like this! four to one advancing the declining stock. and all the sectors that are proxy for the trade war, they are the

mr. musk and spaceflight and such. then you have the oddity of an auto manufacturing operation in california. value ande tesla value. >> i don't see the value in tesla. we are short tesla. elon musk is a very smart man, but there are a lot of smart people in the world, and being smart is not necessarily good enough. you have to execute. we will see how is quarter goes, but he is negative cash flow. he is building cars in a tent as you said. he is nowhere in autonomous driving if i can tell -- as i can tell. the competition is coming into the space next year. >> described pay take the cash flow analysis from revenue. your partial differentials of unit dynamics, a huge dynamic about how he will deliver dynamics. but, also price. you have to bring that down. both of those for tesla is a mystery. >> there are a lot of mysteries in tesla. one thing interesting about tesla from the negative perspective is that the company has lost an enormous number of executives over the last couple years. maybe he will pull a rabbit out of the how to -- out of the hat. >> has he spoken to you the way he has gone after analysts? >

tesla car founder elon musk. in a now deleted tweet, the entrpreneur described vern unsworth, a cave diver who lives in thailand, as "pedo guy". mrre's the forecast. here is darren bett with the forecast. good evening rita. the midlands yet to see the fresh air. it's been 30 degrees in the heat and humidity here today. & trying to end the day, too. we have seen a fresh appeal across scotland, about 19 or 20. in between this ragged area of rain moving across north—west england towards the south—east of scotla nd england towards the south—east of scotland and away into the north sea, pockets of rain further south, but missing the south—east of england and much of east anglia and exiting out into the north sea. the showers in northern ireland should fade away and generally become dry overnight, a better night for sleeping, although the heat will be there for a while longer across the south—east of the uk. it will be fresher by the morning, a sunnyside for many parts of the country. the cloud will increase through the day —— a sunny start. we could get scattering of showers, the odd heavy one, like the showers further south and no ra

mr unsworth and to the companies i represent as leader. he also apologise the path of space xand he also apologise the path of space x and tesla. —— on the halfher instalment. if you want to see more clips, you can find them on the bbc news app. uk politics continues to hurtle along. boris johnson resigned as foreign secretary last week — saying he could no longer support the prime minister's approach to brexit. today he gave his resignation speech. here's some of it. it is not too late to save brexit. we have time. in the citgo stations. we have time. in the citgo stations. we have time. in the citgo stations. we have changed tack once and we can change again. —— in these negotiations. the problem is that we failed to make the case for a free trade agreement spelled out at lancaster house. we haven't even tried. we must try now. because we will not get another chance to get it right. if you're particularly keen, mrjohnson has posted the full script of his speech on twitter. in an unsurprising develoment, lead brexiteerjacob rees—mogg called it "the speech of a statesman". that was not the assessment of eve ryo ne that was not the assessment

mr. musk and spaceflight and such and then you have this oddity of an auto manufacturing operation in a tent in california. what is the teslah the iceman perspective? steve: we are short tesla. i don't see the value in tesla. elon musk is a very smart man but not -- with a lot of smart people in this world and being smart is it enough, you have to execute. he has execution problems. we will see how this quarter goes but he is negative cash flow. he's building cars in a tent. is nowhere in autonomous driving as far as i can tell. in inmpetition is coming space next year. tom: describe for us how you take the cash flow analysis from revenue. a huge mystery about how he will deliver unit. also price and you have to bring that down to cash flow. tesla, not one but both of those are somewhat of a mystery. steve: a lot of mysteries to tesla. the thing i think is interesting from the negative perspective is that the company has lost an enormous number of executives in the last two years. we will see, maybe pulls a rabbit out of a hat and gets the company going better. but so far, jury is out. the the way he's gone after media and

tesla car founder elon musk. in a now deleted tweet, the entrpreneur described vern unsworth, a cave diver who lives in thailand, as "pedo guy". mreeting between donald trump and vladimir putin — that's just ended in the last few minutes. donald trump says it was a good start. theresa may comes under intense pressure to change her brexit plan, as another tory mp quits the government, and a second says the cabinet is so divided there should be a second referendum. new figures show the number of eu citizens leaving the uk last year is the highest on record. here's your business headlines on afternoon live. blue skies ahead — theresa may promises huge investment for the aerospace industry, just a few weeks after airbus threatened to reduce its uk presence because of brexit disruption. more trouble for debenhams as their shares tumble after weekend reports of a cash crunch. the retailer denies the reports and says it's cash position is healthy, but investors are not convinced. and airbnb receives a warning from the european commission over its pricing policy. the home—sharing firm is told it needs to be clearer on its total costs, af