very highly anticipated ipo. >> phil le beau, thanks so much for that. joining us from chicago. when you think about ferrari, what sort of comparison would you make? >> a lot of people make the lou louie vitton comparison. i think fiat is the most interesting play. they own 90% of it and what they are trying to do if he is right, there is upside there. >> it is all luxury and prestige. it should be well above an auto trading at a full multiple. i think they should be trading 21-25, but the one thing that concerns people is they will grow production, almost 30% over the next couple of years and that might affect the after sale value. >> a 30 year low for tiffany and that has not traded well the entire year. i also think about tim seymour in the righteous sunglasses. >> those were porn. those were my mavericks. >> em and enzo. >> it was a special time for both of us. and looking forward to the ipo. >> there is enzo. fiat-chrysler or gm or ford. >> i think we are at peak autos. i think things are so good you have to back off this trade. this could be a one off. but would you be a s

phil le beau has more. and it is interesting because musk was talking about how complicated it was to manufacturer. >> and the execution is what everybody is focused on. it is not an easy vehicle in terms of let's put it together. there are a number of advanced systems within the model x. and they are going to be tested in terms of manufacturing and production in the fourth quarter. here is the number that they need to deliver in the fourth quarter in order to make the minimum delivery guidance. which is 50,000 vehicles. basically deliver a little over 33,000 in the first three quarters. now they have to come up with 16,883. now most of those are going to be model s vehicles. but the model x is important in order to hit the 50,000 target. we say it is important because yes, they delivered a handful in the third quarter but it is the ramp up in the fourth quarter that people are focused on. they have plenty of reservations. so demand is not the issue. it is whether or not they can make the execution of rampi

phil le beau here at the nasdaq. guy. >> cnbc royalty, phil le beau. you didn't mention that at the top. >> i thought that was implied, prince phil. why state the obvious. >> it is not about the technology for me. i don't like cruise control, because when you drive a car, you like to be in control. you don't drive so you don't understand. but it is being in control of the car. i get i'm not the target audience. this is the future. i'm not. with that said, the stock 225 on the line in the stand and now two days below it. does it get back to the 180 it did a few months ago. it feels like it. because they roll out headlines and the stock is going down. and by the way, netflix is not going to help because tesla gets lumped into that. so 180 might be in the cross hairs for tesla. >> i don't think it is a reason to buy tesla because there is too much competition out there. but what does everyone have, they have mobile eye. but they have to hold the 200 day average and keep a 47 stop on it. >>> and breakfast is the most important meal of the day from mcdonald

phil le beau breaks it down in a troubling tesla special report. all of that ahead and more ahead on "fast." >>> i will finish what you started. >> there are stories about what happened. >> it's true. all of it. >>> that is a look at the new star war's trailer. debuted last night during monday night football. fans could get a advance tickets at fandango and there was a crashed website and the previous record was for hunger games and fandango sold eight times the number of tickets for star wars. >> and it is a 40-year-old franchise and this is the seventh version and it has that kind of power. it is lucas films and disney. and everybody was pushing down on disney because of espn and what eisner said if we trim up the cord cable, that could be an impact. i think that pushed the stock under 100. it moves up toward 110. just wait. we are talking about december 18th but the reaction from last night, as people are getting more and more excited about this this is just one more franchise. they are talking about $1.5 billion globally for this particular fil

we have breaking news on tesla to get from phil le beau. >> hi, kelly.lling out auto pilot technology to the fleet of vehicles. this is technology that the ceo ellon musk has talking about developing. it will be rolled out in an over the air software update to tesla owners tomorrow. the technology includes the ability to keep tesla vehicles in their lane, to control lane changing as well as parallel parking. this is all part of what musk sees as the future for driving, which will eventually included autonomous drive vehicles. but for now, as he has been proximate issing for several months, tesla has been developing and will be pushing out software technology in vehicles in tesla models out on the road allowing drivers to, in essence, have the vehicle drive itself. now they'll have to stay engaged when they are driving. they have to have the hands on the wheel. it is not as though they can look away and not be engaged but it does allow the vehicle to do many of the functions. we had the chance to test out the auto pilot software here in new york. we'll ha

on this fine program yesterday, phil le beau said it would be difficult for tesla to meet delivery goalsbig-time analyst agrees with him. >> that stock down as a result. phil will join us next. >>> take a look at lou the most widely helded stocks are trading today t. company formerly known as goggle, down half a percent. microsoft is up. j.p. morgan chase as well. we'll be right back after this. stake i stick around. >> the united auto workers could go on strike against chrysler. it could happen tomorrow night. phil lebeau is in chicago with the latest. >> reporter: we have not seen a big plant since 2007. we could see one as soon as thursday, which plant might be truck. >> that remains to be seen within the last couple hours, starting at 11:59 wednesday night. no specific plans have been named, this impacts chrysler and six assembly plants how much hurt the weekly production, about 35,000 vehicles. the revenue per day if you take an average price of $25, it comes out to one week, over 1.2 billion t. bottom line you look at shares of fiat, chrysler, remarkably, you didn't see a hit we sa