they have more than quadrupled in value since its initial public offering in december 2012. >> solar citybeen impressive. there are thousands of people with panels on the roof. i believe ebay has solar panels. it is having a very big and physical impact. >> there'll be clean and renewable sources. this is the future. >> elon has a self-confidence that is breathtaking. it is especially breathtaking when you think about the things he is confident about, the idea that humanity will get to mars and that he in his lifetime will get to mars. >> crusader or canny businessman? named one of time magazine's most influential people in the world. the risk-taking, multi-tasking ceo's networth was $6 billion in june 2013. divorced for the second time, musk splits his time between his five sons, his company, and thinking about the future. >> are they really going to matter? will they have the potential to really matter? ♪ >> silicon valley savvy to rebuild the downtown golden state warriors. now he is got his sights build an nba championship and building a basketball palace in san francisco. meanwhile,

it's the good the bad in the very very sick way should lead the good solar city a california based company recently announced a plan to provide free green energy for poor students and eighty bali malawi and nepal every residential megawatt solar city installs in two thousand and fourteen it will donate a full solar power system to a school that doesn't have electricity solar city believes that it's going to install between four hundred seventy five five hundred twenty five residential megawatts next year and means it will set up over five hundred schools in some of the world's poorest countries with access now to totally renewable energy too bad the republicans in congress make it almost impossible for our government to do it solar city is doing but in the meantime the company should be commended for working towards a renewal future bad bill perry according to a new report in political magazine perry a hot shot d.c. lawyer who just happens to be does going to lose cheney is registered to vote in both wyoming and virginia despite signing a document wyoming certifying that he is only registe

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people get caught up because of solar city. they have been up for a couple hundred percent for the year. >> what percentage of this is an intellectual property play? they seem to have it figured out, them being tesla. >> i think so. that's probably why it deserves a valuation that it has. i think in the long term they are the leader of the technology. tesla is is a couple years ahead of them in terms of battery costs. down to their store fronts. >> i do want to ask you about solar in just a second. 100 or $200, what's the next stop? >> it happened very quickly but closer to 114. >> all right. let's switch to solar. >> you're talking about solar being very strong. i will take the opposite view there. china is clearly your number one target. we had a chance to speak to the president and they put out specific targets for utility scale and solar insulations. he said he's going to stick to that here. are you still as optimistic? and secondarily, i know that solar city, sun pow er are not s tied. as you know, that will weigh negative

. >> solar city, and there are solar panels at my house i just paid for, but the solar city model, forle, they will not pay for the panels upfront. we will get money from investors, and in a few years, you will own those panels on the house. >> that is the model. instead of financing the panels, we allow people to finance the panels and then get paid back as those panels generate electricity. we really do not know the panels going on the market right now. it, and how is that affecting the business model? >> solar has been around since the late 1960's, and there are still panels that are still operating. say that the panels built today should last 30 or 40 years. most are warring teed for 25 years, so it is a proven arenology, and the markets that. >> let's call it a five percent yield and does that five percent pay in perpetuity, or does that pay during the warranty installation? the fives typically in to 10 year space, and people get principal and interest monthly, so it is similar to a fixed income type of investment. >> and then at the end of that period, who is the owner of that pa

in solar and it was a poor city. here we're a thriving city so i'm the one that speaks on behalf of solar and want you all to make sure you continue to give to those who are doing the work this should be done. one of the things that happened with this group they hired the young people and trapped them to do solar and at bayview's hunter point. you don't have to be an trademark to put solar open roofs >> any other public comment seeing none, all. >> the policy for the city and county in our packet today is a explanatory document it's the draft resolution and speakers renewable energy it's an informational item. >> we'll lose our commissioner but not before he steps. >> he already said it in terms of the benefits the solar can have in the community. it's innovate all about saving money but making jobs. one of the things we are trying to do i think with this reds is encouraging the city to mandate solar on new construction is to try to reduce the cost of solar for everybody that makes that more assessable for that more

and all kinds of solar names, and she insula, power, solar city, first alert, all in sparkling point this is excellent news for investors who took the change in january but an average consumer looking to jump on a solar wagon here is the company for you. some called g lstella, the orbits of the solar industry, 1-stop shopping place for anything shiny and bright. joining us is the founder and ceo david levine live from our d.c. bureau. you are back by a publicly traded company called energy. you have partners galore but let's explain to viewers what you are doing because we should publicly traded solar stocks that are looking very good and here is an opportunity to see what people will choose if they go to your web site. how does it work? >> it is very simple. type in your address and we tell you how much money you can save, how much power you can generate an how much carbon pollution you can prevent by putting solar panels on your home. liz: what people start to do if they put in the address and we are showing you that, and all of a sudden what happens? there are all kinds of issues

tesla ceo elon plussing is chairman of the board over at solar city. let's go to kayla tausche live at cnbc headquarters. good morning. >> good morning to you, scott. there are some key reports coming out. before the bell a report that tells us about discount shopping across the country as we head into the deeper part of the holiday season. after the bell it's ulta salon a look at the more expensive side of spending. investors get indicators today a gdp revision and jobless claims. always lisy here. for now back to you. >> a big day friday as well. >> new this morning, ford released images of its newest mustang. a 50th anniversary edition. ford motors debuting the model in a number of cities today. planners hope the model will appeal to traditionalists and still drawing new buyers. here the rev of the engine. >> if you are looking for something in red we got it. meteorologist christina loren this morning. >> me and santa, we have a lot of things in common. we both jiggle like a bowlful of jelly. 30 in san jose, do whatever it takes to stay warm out the

solar city, the renewable energy company more than quadrupled but yet to turn a profit since going public last year. just because profits are not slowing now doesn't mean they won't slow in the future. >> a lot of these companies are investing large amounts of money and that's why they have losses but you have to see a light at the end of the tunnel in terms of profitability. if that light is not going to come, the valuations are not close to being substanuated. >> reporter: the stock market didn't reach a peak until three years after green span expressed his concerns. that's why some traders think the market still has room to run. for "nightly business report" i'm dominic chu. >>> there was a runup in shares of timewarner cable before the closing bell today and that's where we begin the market focus. just before 4:00 eastern time it was reported the cable operator would likely accept a 150 to 160 billion-dollar buy off offer. no word who the buyer might be but there is speculation that tops communications, charter and come past. comcast is the parent of cnbc which produces this program.

investors are benefiting from the rise in sales -- solar city stock is up 335% year to date. sunpower shares have rallied more than 400%. profits are building at home depot as more americans fix up their houses. home depot expects to meet its financial goals a year early. the retailer was targeting a 24% return of invested capital by 2015. instead it will happen by the end of the 2014 fiscal year. the company...popular with the do-it-yourself crowd...also plans to open 8 new stores next year. it's not a pretty picture at avon. the cosmetics company will lay off 650 employees, and end a computerized management system. the technology makeover, launched in 2009, was meant to help sales reps better connect with the company. however, glitches led to a drop in sales in canada. avon shares fell more than 4% yesterday. turning now to retail earnings...costco delivered a miss in its first quarter earnings report, as sales took a hit, and the chain cited higher operating expenses. the stock tumbled over one percent on wall street yesterday. at mens warehouse, sales picked up, but the s

solar city says 300 residential customers have already sign ited up to test the program. he is ordering the federal government pie the year 20, 2. it causes -- 20/20. it causes global warming and will also promote thousands of jobs. >>> they are paying homeowners in the sunset to plant gardens in the front yard. stormwater cannot be absorbed and they will have to pay for each house as each house must take part and qualify for the program. >>> sal, are you ready to take care of the folks on the east shore? >> yes, and we are doing well on this thursday and it is looking good from the carquinez bridge into the oakland area. you can see traffic is light and we are hoping it will stay this way but usually after 6:00 you start seeing signs and that truck is not causing a huge traffic jam and we will keep watching that for you. 5:18 let's go to steve. >>> here is steve paulson. >> by the way if you have a twitter picture, you can send it or these are the records 1972, but the ones i am showing were testimony and and richmond district is 6, 400 in the march and i have see the 19

as for amazon, it's the extreme, rivaled only by elon musk's duo, solar city and tesla. we do see stretch valuations everywhere. a whole list of analysts brought out twitter and a bunch wanted to buy it on what could be a reasonable valuation in the out years if everything goes right. merrill lynch launched the stock with a sell. merrill chose to use traditional security analysis and found the stock wanting. the others didn't, though, and we have a real case being made for the stock that i think is incredibly expensive by any stretch of the imagination and should be sold. but that's the kind of logic that propelled amazon to nearly $400 this morning. again, logic compelling. if you're a growth manager, and many are, if this stock amazon fits your growth portfolio. that judgment encompasses the rigorous discipline i'm describing. i'm saying i can recognize what a very important cohort of money managers wants to do, which is buy the fastest growing stocks. i can recognize that in a low growth world, the high growth ethos will attract the most money in. the growth oriented

he's also the chairman of solar panel installer solar city. right now, the company is in the process of using bigger battery packs to power solar systems. the supplier is tesla motors. the batteries will allow customers to provide backup power and lower electric bills. bay battery packs will be offered to commercial business first. residential use looks like it will be years down the line. atni knoyou n't ford wronturnon t roa youfutu. that's w we ild ols ke oucare guince stem it kinof le gps, you kno r yo carr. italksou toughiffent degr posbilities and even letyou plorlocajob rketond, lping you map cleacour fromhe j youant, backo yo to oeniedu d ge stard toy. it's holiday tim and no fruit which is why were declaring it ocean spray cranberries, the fig's gonna be so bumm. [ laughs ] for holiday tips and recip, go to oceanspray.com. good morning. freezing temperatures continue to chill the bay area. we are tracking the cold weather all morning. starting things off here in the weather center this morning. >>darya: and definitely feels like we've

another big one is elon musk, behind tesla, solar city.e wants to sell a heck of a lot more model-s cars despite the fires. they want the positive press to come back and they want to sell a lot more of the -- possibly more than 40,000 of the cars. remember, tesla shares are still up about 350% so far this year. and finally, how about one guy that probably is going to have a little bit of a christmas break now, former fed chairman ben bernanke, or he's on his way out here, what he wants for christmas is to never have to go testify before congress ever again, and possibly he won't have to. of course, there's always a chance he gets called back. but still, after a nice, nice long tenure as the fed chairman, he probably deserves a little vacation, right, guys? bill, kelly, fed chairman ben bernanke, going to get his wish a little time away from congress. back over to you. >> yes, we can only hope -- >> they haven't confirmed her yet. >> yeah, right. [ laughter ] that happens january 6th. he has to wait -- he has to sit there and watch our mone

tesla had such a big move that, david, if there weren't profit taking, it would be tesla, solar city-d printers. you have this 3-d division in israel. if you blow that division out, you'll blow that company out of water. your favorite voxel jet! >>. >> the musk trio, huh? >> musk. >> business person of the year. >> wasn't the year of the hedge fund. it was the year of the inventors. >> i prefer that year. >> because that's something we create as opposed to pushing paper? >> and they create jobs. >> the hedge funds wipe out jobs -- >> they doesn't necessarily wipe out jobs. you can have a 500 million business and have five people employed. i was. >> talking to the partner at goldman sachs over the weekend and we were saving in the 90s partners still departmeidn't ma much. it was only that recent explosion and i think that money goes into munis rather than creating new companies and that's what short. >> and it goes into quality -- which the president will talk about today. >> i got a house in long island, somebody's always puting up a 35d million house next to me. is there any house t

. >> you do wonder how much musk has benefited from the u.s., tesla or solar city. >> i'm sorry, that'sry. look at boeing. >> true. i'm talking about from the energy department -- you know, various green initiatives that he is a part of and has taken advantage of. >> and it's one thing to favor an industrial leader. in other words, to marshall state resources to make sure boeing is the premier aircraft -- it's another thing to basically could exist without that help. >> it's going to be an interesting story in 20134. does anyone buy them? more predictions that gm will guy them, a it's fanciful. >> i think more interesting is the you have big rich software pioneers who went into robotics and the fact that their friend so therefore tesla fits into that for someone for the point that you made. >> so much convergence. >> in less than a week that rocky mountain high could be for shale in more than 130 marijuana shops in colorado. how much green does the state intend to make on this business? we'll take a quick look and "squawk on the street" will be right back. e lovely city of boston. cheer

. >> solar city, tesla, the three big printers, especially voxel jet, they are not bound by the four of the abstract canvas. those abstract paintings go for a lot of money. >> you love that damian hearse. you'll take it all day long. >> i had a printer rothko. >> what do i know? i'm not about modern art. >> what i am about is that opening bell and it's coming up. more "squawk on the street" after this. [ male announcer ] here's a question for you. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. who found a magic seashell. it told him what was happening on the trading floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platform. ♪ [ indistinct talking continues ] [ mal

innovative spirit out to pause and suggest that maybe clean tech companies or solar companies or university or a sister city can actually demonstrate this on third street or maybe a corridor on howard street or carr developing value and bring this innovative spirit right to the local spreadsheet. you can have ideas whether it's a university or another klein company to bring it and excite people and have all kinds of good spirits. this is why we have an innovation spirit. this should be a great openness to this idea. i want to thank all the entities for bringing this spirit out for reflecting what we can do what we don't create boundary but invite more people into this. we did this a months ago when i had some san francisco students help me to create something on added 3/printer. they were saying this was a time when it's kind of like all a draft or report for them we're able to make some mistakes but create some things along the way so this spirit can thrive in our city. this is an experiment as dennis and a shawn said and we're allowed to make mistakes but allowed to created things at the same time. it's k

despite the physical relocation to saddam city mo seated fears are done in solar which means the inefficiency problem will never be solved. i see the national assembly should establish a branch in saddam city especially standing committees for their work closely with the government will give a present also in hastings has joined two to three days a week to look over state affairs events that don't will naturally become the center of the nation's administrative functions. right so i knew mention the lack of housing and other accommodations as well how that is the living conditions there. love can fill up our kids the committee lack have the aspect of infrastructure and the cd but i am positive thing is to see the snow dancing with the constant construction. well part mates at school in supermarkets hospitals and are getting the most eye you'd expect from a normal cd article e not give me some credit for this new cd of skate don't cause wait to be self sufficient by two thousand clingy and micah doesn't carry the praise for this the gpt unit that only has her last name cd the district ron cummi

products convey their products this building is no exception it has solar and open rabble windows and it represents the history in this city. we use an integrated design approach in our project and we manage our building holistically. and indeed we help the workforce because their housed. and where else is the conversion of technology and art more prevalent than here per jobs was an volley ball for workplace and i believed that successful companies thrived oneself competition rather than waiting for someone to come up with products their world leadership was for the last 15 years. g s a is leading the transformation for the frig. we were the first agency to help simplify the procurement of the board rage of services and saving million dollars discolors for the taxpayer. we're rolling out a program to help with the collaborative workspace and g s a as a great sustainable ability and it's one of the few agrees to sustain green. here in region 9 we're in the lead in the g s a performance plan defining our 20/20 goals are through the supply chance and workforce transformation. we're working on the nicest to have our contractor

detectives james cole and sean solar of the new york city police department's emergency services unit are on duty when the call comes in. >> we started our shift at 3:15 that afternoon. and almost immediately as soon as we finished loading up and checking our equipment, a call came over that there was a jumper up on the top of 30 rockefeller plaza. >> the detectives race to midtown manhattan where the 23-year-old man dangles his legs precariously from the 70th floor observation deck of 30 rock. >> the first thing i see when i get up there is him furiously scribbling at the notepad. i tried to communicate with him as much as possible. >> several onlookers and the local nbc affiliate's sky cam records the action as it unfolds. >> he was on the northeast corner standing on approximately a 2 foot by 2 foot wide piece of the building. >> there was a seven-foot glass partition between us and him. what i initially did was climbed up on top of a piece of the building where i could talk down over the partition at him. seeing them helps you communicate. >> i want to position myself to the other

solar businesses. we partnered around policy advocate around the higher organization and they hires local >> we're here to inspire our youth and prepare for the greener initiative and beyond. this city we haven't done a lot of development. we want to see real opportunity in construction in the green industry and introduce those concepts to our community. we can be very innovative with solar and technologies we're seen that were i want to introduce that to our young folks and invest in their future. we want to see a local billed out of solar and conservatism in san francisco. we've attempted to bridge the gap between community and even though eco center. we see this as an opportunity to connect the environmental where the conversation is generally absent. we bring observe youth to places like city hall and i've got to std speed through. this is an example of last summer you remember we recruited for the academy and there's just one photo up there from a design competition they do an internship where they bring >> may i interrupt you the 5 minutes has republic out can we oh, her another 2 minutes. >> it's up to you arrest i'm going to ask for the 2 manipulates because we have 2 hours

solar snauths and a mroindz. so the idea we're treading into the area leads to incity jobs. that's one of the reasons i supported this and you're looking at power creation with jobs in the city of san francisco so this is fantastic >> it fits about the resiliency combining the storage and in terms of our ability to bounce back after a disaster to great, great program we're talking about and a hurricane sandy was a local solar snauths to help keep the melon and the electricity role help to support people the solar. >> absolutely there's work going on back east it's sporadic designed to have solar to run their emergency need as well as back up power. i think it's a marvelous thing >> comments. >> one thing i want to say is, you know, before we go to public comment. you heard from commissioner josefowitz this is something that's kind of like a pulse trying to figure out how to get it right you start with environmental community and start with that spirit how do you partnership with labor and development heads. so there's a path to do that. i think one of the things to do with this colleagues have couple ideas we're not taking action but this is right before the meeting commissi

solar paneled rover called jade rabbit. >> meteorologist: well, i had a chance to step outside, and boy is it snowing in new york city allhe way back to chicago. if you're out there on the roads, i-70, i-80, and i-90 in particular we want to take it easy for traveling. all the way from buffalo to albany, syracuse and much of pennsylvania, philadelphia and pittsburgh snow is coming down. we're going to see three to six inches of know. but as the night wears on we're going to see the storm intensify as it pushes up the coach. looking relatively dry in new england, into vermont and new hampshire and across maine, a foot of snow expected. we'll have to continue to deal with this as we track through the evening. we have video of the snow falling across portions of new york, illinois into ohio, last night and into today. we'll have to continue to deal with the snow with winds gusting as we look at the storm pushingings to the east with the winds gusting to 17 mph. so that's going to create tricky travel conditions with the know blowing around reducing visibility even further. in new york, 25 degrees. 19 in boston. 11 degrees i