. >>> plus a play for tesla's model s sedan, why customers will be waiting even longer to get their news what's coming up at 9:00 a.m. >> it is morning. good morning. >> coming up we have a funny one with sara silverman. >> also terry live updates wherever you are. breaking news where you live. get it now. stay informed. >>> people around the world are paying tribute to the victims of the las vegas rampage and other senseless acts of violence, in paris the eiffel tower went dead last night in homage to the las vegas victims and the victims of the knife attack in marseille. >> prime minister benjamin netanyahu said that israel stands shoulder to shoulder with us -- with the u.s. in mourning and sorrow. >>> a memorial near the shooting scene is growing as people leave flowers and candles and mementos. >> abc 7 news reporter amy hollyfield is live in las vegas with the emotional tributes that she is seeing to the victims. amy. >> reporter: good morning, natasha. here is the head line here in vegas with just the word "unimaginable." what is noticeable is that in the editorial in the paper t

tesla said there was an up tick in vehicle deliveries as demand rose for the model s and x cars. e company said production for its least expensive model 3 was less than expected due to production bo bottlenecks. tesla says it's confident it's addressed those issues in the near term. they finished the regular session up a fraction. >>> and jeff immelt has stepped down from ge a board. immelt, who announced his retirement in june turned the chairman position over for john flannery. shares of general electric up to 2457. >>> to puerto rico where progress is gettibeing made by getting fuel to the island. while the chain is still long, bejoined the big city, it's a much different story. contessa brewer reports tonight. >> reporter: outside the trailer bridge terminal, truckers wait for the gates to open. as the logjam slowly clears at the port of san juan, only 20% of the commercial containers have been picked up. confusioner lingers, drivers wasting time searching, worried about fully fixes the supply chain. >> we really need and push for our customers to pick up the containers, but a

s. is diction. and. they need to execute faste. meanwhile tesla's be on work on of solar energy project in porto rico. electric car company had offered to help rebuild the islands electricity grid. after it was ravaged by dot her cane at this tweet here showing hospital one of many solar power projects. at which is said to be going live powered by tesla in the coming weeks. now across the world electric cars have been taking stage at the tokyo motor show. where competition among carmakers is heating up? mainstream any factors are investing heavily in battery technology to try to extend motor range. nissan toyota and honda among those unveiling new electric models not scuttle it takes a look. biannual taking me to say to a pendulum one state with comic is embracing the global shift towards electric vehicles. the toyota motor corp he spake to say file has been hybrid because said it solid state evey back. military currently under development could be a game changer in the conflict. we have no doubt that even if we also be one of the key so he soon in the near future. and this is why. we have created a n

here we have this boutique vehicle,is luxury model s coming down in price a little bit to tesla.ot of electric cars. the world has to be ready this country has to be ready for electric car. do we have the infrastructure to deal with this. car in puerto rico and houston was electric? what happens then? policymakers thinking about this these things? is the world ready for this? we need to buy these stocks and buy them up. tesla, buy more gm. swell. see what happens. is here, not everything happens at once as someone investors i'm weary of that. maybe you should come back here minutes. julia: i want to tie this to the value versus great debate. i read your note from last week where you were saying, certain people on bloomberg had been looking at the growth versus have to be careful because of the crossover. you said, you need to be looking at the pure which separates the out. just talk us through this. what we should be looking at? >> that was more of a reality check. joe sent e-mail in the morning, the five things we're looking at. he was commenting on this. joe, who is this. this

highs: 78-81 winds: s 5-10 mph julie toss to break equifax this morning and trouble for tesla. macdeo and kendis gibson have your tech bytes. ((kendis/oc)) in today's tech bytes... equifax thinks its massive security breach might have been worse. (diane/(vo)) the credit- reporting company says another 2-point-5 million consumers may be affected. that's more than victims. kendis... equifax's former c-e-o faces congress today. ((kendis/vo)) it appears tesla's production of the model 3 isn't going as smoothly as planned. (diane reads) the electric car maker only built 260 of the cars from july to september. it's blaming "production bottlenecks" for its lower- priced model- 3, which starts at $35,000 - half the starting price of the model s. ((diane/wipevo)) general motors says it will introduce at least 20 new all-electric vehicles in the next six years. two of them -- based on the chevy bolt -- will be available in the next 18 months. ((kendis reads)) later today, ford outlines its electric vehicles plans -- including hybrid versions of the f-150 pickup. those are your tech bytes

s&p up by one point. >> jason brooks, thank you. >>> tesla reportedly reached a deal to build a factory in china that would electric car maker to build a plant in shanghai. it would help cut production costs. >>> more options for commuters. barth has a car pool program launching in concord and pleasant hills. anne makovec is there this morning. >> reporter: if you car pool, you can get free parking if you news this -- if you use a new app at the concord bart station. by the time the morning commute is over, this parking lot is packed. this car pool two-part program will launch today. it debuted last month in san bruno. you use an app called scoop to car pool to the station and then you can park anywhere for free. you have to put a placard on your dashboard as proof. it is checked against the license plate to make sure it is legit and life could be easier for some drivers. they say it is a real challenge. >> it may be tough to get in. you have to walk to get to a spot. >> reporter: this program has been in effect since january and deemed a success by officials who said carpooling has increased. find out mor

. >>> a bigger footprint in fremont, some say tesla is growing too big, too fast. at 5:00. >>> time for our favorite s segment of the week, talking about perfect pet, of course. drew is back to introduce us to a new beautiful friend. >> our perfect pet today is a dog from our friends at the alameda animal shelter. bella, this little lady, super sweet and loves people. bella is a brindle american bulld bulldog. she's three years old. her adoption fee has been paid for by an admirer. costs nothing to take her home with you. bella will prefer a home where she can be the queen bee with no other dogs and no cat. to make bella part of your family, call our friends at the alameda animal shelter at the number on your screen. 510-337-8565. she just looks oh so cute. >> she's clearly queen bee. >> is she's clearly. >> look at that face. >> how could she not be? >> you said somebody paid for the adoption fee. >> yeah, so just got to take her home. >> thanks, drew. have a great day. bye-bye. ♪ >> hey, everybody, it's whiz kids week. today, we're playing our game with some very bright kids who've worked hard in sc

s&p 500 finished 4 points higher. the nasdaq added 16 points on a weekly basis. >>> tesla has fired hundreds of employees.portedly included engineers, manufacturers, salespeople and factory employees. they appear to be having production problems with its mass market of tesla 3 but it's unclear if it's related. >>> amazon studios is reportedly cutting ties with weinstein studio. besides ending its relationship with weinstein amazon canceled a high-profile drama from david russell. weinstein was an executive producer on the project which was reportedly a mafia crime series set in the 1990s. >>> and horror ruled at the weekend box office. "happy death day" surpassed expectations taking in $26.5 million in ticket sales. the film scored well with younger audiences. >>> 63% of ticket buyers were under 25. >>> "blade runner" finned second and jackie chan's "the foreigner" debuted in third place. >>> diane king hall. thank you so much. >> all right. >>> still ahead, why people are urged to get their flu shots sooner this season. no, no. no, honey, we meant that progressive would be protecting us 24/7. we just bun

thousand five hundred well tesla says it's trying to fix the production bottlenecks part it says sales of its existing cars are up expects to sell around one hundred thousand of his s n x models this year that's a third more than last year. well that's it for me on the business team here and have an update for you in the next stop until then thanks for watching here's a look at world markets right now. it's about. to go. up just. dortmund shanahan with a women owns good to see her susan. only one point for dealing under their interim coach sign on fire seem to me even a moment. ago. from a caterpillar to a superstar banking. in boston scientists found researching for some point in the secretion. ambitious goal to me to find high tech material with a variety of occupations. past makes you think of the past to morrow today in sixty minutes w. . nationalists are on the rise with the world wide and. i am sticking. to highlights different shades of nationalism and to find out what that nation mean to you. a serious story join the conversation if you want to dublin you on twitter and on facebook. european stocks rose in performances the best. live concert every weekend.

for the month tesla is down about eight percent but still if you compare it to last december when the stock traded to one hundred dollars we're now almost at around three hundred fifty s. all of the stock is trading pretty high but recently there has been a little bit of pressure and valves that can meet the production targets any time soon all right so yes let's switch gears away from cars so to speak apple stock rose today after a boutique investment bank upgraded the company why now well the analyst is quite optimistic there. might not be necessarily able to sell many more phones they can at least play around it was the price tag and especially the new model ten or x. that will be start selling in november third costs around one thousand dollars a piece and the analysts believes that people are still willing to pay that price and if you have more expensive products that will increase your profit margins and all saw your profits or the stock traded to the upside by almost two percent was one of the main reasons why we saw a new record in the dow jones industrial average and we are now or shall i not even fifty points to reach the next thousand point mark the twenty

s&p 500 continue their record run. all new gains and new record territory. tesla though has missed his production goal for the new lower price model 3. the electric car maker had hoped to make them in the third quarter of the year but has only made 260. tesla says there are no issues with the car but they have encountered production bottlenecks. elon must says the company has learned from the challenge of rolling out previous vehicles and he expects production to climb to 50,000 a month by the end of next year. gemma mota says it plans to predose alternative fuel vehicles at some point in the future rolling out 20 new fuel cell vehicles in the next 12 years as part of a long-term plan to confer its entire lineup to vehicles that are either electric or hydrogen power. gm did not give a timeline of when the full conversion will take place but it should take time.>> they are calling it the of trains. a bay area company received a patent on its technology to move its rail system forward. it is called cyber tran using solar technology to power its train and basically h

tesla crowd a winner. a report today giving elon musk 's company a buy rating and $500 target price. analyst -- a senior analyst been great to have you. bowl -- bull.r why, why are you so bullish here? >> you have to look at the long-term opportunity. we have a secular shift in the automobile industry. towards electric vehicles. less than 10 2025, years, we think there will be 10 million to 15 million electric vehicles on the road and tesla today has 35% share in the luxury segment of the u.s. car market. they are introducing a mainstream car called the model 3, which will target a subsegment that is 10 times the size of the luxury market. i the early part of the next decade, they could be shipping north of one million cars per year. that translates to $60 billion in revenue in what we think could be a market capitalization north of $100 billion . julia: if they get around production issues. >> they have near-term production issues. scarlet: looking for $500 per .hare for tesla and 12 months right now, the consensus among analysts have a 12 month target of $340 on average and the sto

the only sector positive right now in the s&p is health care. >>> coming up, tesla reportedly making a big bet to set up shop in the world's largest electric car market that would be china. just ahead, we'll bring you the details of tesla's plan to build that manufacturing plant there. >>> plus, we will bring you highlights from cnbc's exclusive interview with saudi arabia's prince, why he thinks bitcoin, hinis words, will go the way of enron. ( ♪ ) whoo! ( ♪ ) woman: class, let's turn to page 136, recessive traits skip generations. ( ♪ ) molly: i reprogrammed the robots to do the inspection. it's running much faster now. see? it's amazing, molly. thank you. ( ♪ ) >>> fetesla reportedly reached agreement to build a manufacturing plant in shanghai. phil lebeau as the details how big of a zedeal is this, phl >> sara, when it's finally announced it will be a big deal but not a surprise tesla has said for some time china is the largest awe tore market in the world, want to manufacture there. according to the "wall street ge journal" the agreement would be structured so tesla has a wholly

this year's study found that tesla's electric luxury sedan, the model s, has improved to "above average, was one of its worst-rated models for reliability in the survey. winner: discounted apple watches will be available to millions of life insurance customers . . . john hancock is now making discounted apple watches available to its 10 million policyholders. it charges an "activation fee" of $25, and from there customers can earn the device for free through regular exercise. apple is increasingly turning to insurers as a sales channel for its apple watch. any of its 10 million policyholders who sign up with the vitality program, which offers perks and rewards to people who live healthy lifestyles, are eligible to get the device for $25. as long as members exercise regularly for two years, they will be allowed to keep the device for free. (if they don't, they'll have to pay it off in installments.) how can i improve my retirement?-stacey (vo) want to be happy with your next vehicle purchase? at enterprise, we guarantee it. head to your neighborhood enterprise car sales and let the peopl

s, the tech stocks. buy into stocks like amazon and tesla not the boring old value stocks.vonne: he is not the only hedge fund manager that has been lamenting this. is he waving the white flag too soon, given the rotation we saw? we did see more buying into the value stocks like the financials, they're are up 15% in september alone. going the other way. perhaps he is speaking too soon breaking outelds to 2.4 percent. could be adding fuel to the fire in this bank rally. betty: i would be curious to hear what the godfather of investing has to say about this, warren buffett. meantime we have blowout earnings reports from major u.s. industrials. rallyeld the wall street along this tuesday. ramy inocencio at the wall with the latest on the markets. >> this is where we stood at the close for today. the big thing to remember is, the dow rose 168 points, up 0.7%. this is a new record. the s&p and nasdaq closed up 0.2%. not records, but continuing to climb we have seen this year. let's take a look inside the bloomberg terminal at the mmr function, the member-ranked return functions

s&p 500 added 21. that and the dow ended the week logging a fifth record close in a reand the nasdaq finished the week 22 points higher. >>> tesla reached an agreement to build a factory from in china. they would be able to build it in china's free trade zone. it would cut production costs. tesla's production market is already the highest. >>> tyler perry's "boo 2" was a box office winner. "boo 2" took in the most ticket sales. the geostorm finished a disappointing second followed by "happy death day." and justin timberlake is playing the super bowl halftime show again. ♪ this will be his third halftime show since the now infamous wards roeb function with janet jackson 14 years ago. anne-marie? >> i'm sure all items of clothing will check and triple checked before he takes the stage. diane king hall at the new york stock exchange. thanks a lot, diane. >> all right. >>> still ahead, the jfk files. secret documents on the kennedy assassination are due to be released this week, but will they put to rest the conspiracy theories. whoo! i got my money! hard to contain yourself, isn't it? uh huh! let it go! whoo! get a dollar-for-dolla

model s and model x deliveries climbed to a record. teslaill exceed deliveries by several thousand vehicles in the last six month of the year. yvonne: new ford ceo jim hackett toes investors tuesday answer questions about the share price and was ways he is driving the company. since taking over in may, he has reversed course on billing the .ocus in mexico he partnered with lyft autonomous car's preferred stock continues to chug along, lagging the market for the past three years. betty: macau is gearing up for its busiest golden week in four years. boosted by the -- macau, sogle is in how is it shaping up so far, golden week there? stephen: i was expecting huge jostledo be pushed and butet to the cotai strip, nobody is up yet. it is pretty empty. folks coming over. the cameraman took the 4:00 a.m. boat. they aree arrivals -- spending a lot of money this year. the last time i was in macau is exactly one year ago, and we did not know it at the time, but that was really the bottoming out of that two-year slump because of the xi jinping crackdown

tesla sold 220 model 3's and they expect 15,000.tuart: that's why general motor stocks have gone up in 2 or 3 months because of this electric car. liz: 35,000. ashley: i still don't think there's the need, what the companies need to do is get people to take test drive. stuart: todd, come in please. >> gm is big in china. to turn everything to electric cars, it's a natural fit. that's one of the reasons gm performed so well, trading much faster than it used to. one of the reasons going to china and having relations, they will see a lot of cars over there because of gm. that's a bigger reason that gm is going up as well. liz: future is robot taxis with own dedicated lanes, 35,000 u.s. deaths, people get drunk driving and people text and kill people, distracted drivers, robots don't get drunk or text. that's the argument behind robot taxi lanes in cities. stuart: it's china or america? >> they are testing it for the united states. i know there's a lot of disagreement, the car companies see a future for a reason. stuart: get that in ame

the big market for tesla, but that could change, even as the stock traded lower in the monday session. >> is a big week for the market, with earnings season open 189 companies on the sp 500. >> it's the busiest week of this earnings season, by far. one reason that the stock market has risen so much in the past couple of months was due to the expectations that copper earnings actually will come in better than expected. we have just seen recently that we had some misses, that could put some pressure on the market. the stock of general electric lost more than 6% in value after the company missed earnings expectations on friday. it was the first earnings miss in about 2.5 years. especially the focus will be on thursday, with the big tech companies out with earnings. amazon, google, microsoft, also on tuesday, will have general motors or mcdonald's out with numbers. a lot depends on earnings if that's what we seen recently can continue. >> plante look just look for two. -- plenty to look forward to. the clouds continued to gather over germany's car industry. the european commission has announced even more rates on offices of carmakers saying it was looking for evidence t

hundred it had forecast tesla says it's trying to fix production bottlenecks but it says sales of his existing cars are up and expects to sell around one hundred thousand of its s n x models this year that's more than last year now india is one of the few places in the world but typewriters are still in use in many businesses but the ribbon may finally be running out earlier this year colleges in the financial capital moment by announced they will be phasing out manual typewriters in courses but many people remain fiercely passionate about their typewriters india correspondent sonia funny car sent us this report from the capital dili. the sound of a long forgotten outside a local court in delhi street typists still earn a living from a machine that's obsolete in most parts of the world. has been working at this exact spot. punching out affidavits contracts rent agreements and other legal documents on a second hand machine. she makes about five to six dollars a day just enough to make ends meet. manual typewriters a really heavy they can get damaged we don't have to worry about electricity radius we don't need a printer or cables all we need is a machine and a t

s some people hoping to get their hands on an electric car soon of them that could be a bit of a wait nearly half a million have preordered the new tesla model three but now the company says it built only two hundred sixty of them in the second quarter that's far short of the one thousand five hundred it had forecast has lost says it's trying to fix production bottlenecks but it says sales of its existing cars are up it's expects to sell around one hundred thousand of its s. and x. models this year more than last year. india is one of the few places in the world where the typewriter still used outside legal chambres a few police stations and public offices but the ribbon may finally be running out earlier this year stint over a few colleges in the financial capital moment by announced they will be phasing out manual typewriters in courses but many people remain fiercely passionate about their typewriters india correspondence on your folic acid as this report from the capital dili. the sound of a long forgotten era outside a local court in delhi street typists still earn a living from a machine that's obsolete in most parts of the world

for the month tesla is down about eight percent but still if you compare it to last december when the stock traded at two hundred dollars we're now almost at around three hundred fifty s. all of the stock is trading pretty high but recently there has been a little bit of pressure and valves that can meet the production targets any time soon all right so yes let's switch gears away from cars so to speak apple stock rose today after a boutique investment bank upgraded the company why now well the analyst is quite optimistic there. might not be necessarily able to sell many more phones they can at least play around it was the price tag and especially the new model ten or x. that will be start selling in november third costs around one thousand dollars a piece and the analyst believes that people are still willing to pay that price and if you have more expensive products that will increase your profit margins and all saw your profits or the stock traded to the upside by almost two percent and epa was one of the main reasons why we saw a new record in the dow jones industrial average and we are now or shall i not even fifty points to reach the next thousand point mark the

tesla delivers 26,150 vehicles majority of those being model "s," model "x.s the reaction of the market to the number of model 3 deliveries in the third quarter. coming in at 220 that's a little bit lighter than some analysts were expecting tesla saying that the model 3 production was impacted due to what they call production bottlenecks. so it was less than anticipated according to tesla the model 3 production the company then goes on to say, "we understand what needs to be fixed and we are confident of addressing the manufacturing bottleneck issues in the near term." so, again, tesla delivering a little over 26,000 vehicles in the third quarter. 220 of those being the model 3 kelly, back to you >> all right phil, thank you. quickly, michael, tesla shares only down 1%. >> they are well off their highs, recent highs of 380, so i think people have grown a little bit concerned. look, it wasn't about this quarter but still you have to start ramping up year over year gains in production if you're going to justify where this stock especially now that the incumbent