((break 3)) 3 tesla motors' new electric s-u-v is in high demand...edgar treiguts explains... pringles is about to get a new owner. 3 --reporterrpkg-as follows --stocks closed lower as coocerns ovee greece's debt weigh on investors.the dow dropped 97 points to close at 122780.the asdaq and and p also closed lower.tesla sales are in high gear. tesla motors has taken in 40-million- dollars in orders for its days after nveiling the new plug-in crossover vehicle. prices are expected to range between 60-thousand-dollars for the base model to 100- thousand-dollars for the top of the line signature series. the most eye-catching featurr of the model x is the "falcon wing" back door design. pringles is about to get a little extra snap, crackle andd pop. kellogg company, thee maker of rice krisppes, has agreed to buu the proctor and gamble unit that makes the potato chips for two- point-seven-billiin dollars. a penny for your thoughts? how about two-point-four cents? u-s mint to maae each copper- - colored coin. and it costs 11-ppint-two ccnts to make a nickel.

now to talk about the tesla is the ceo, also with us phil lebeau. thank you so much for this interview, take it away. >> thank you, maria. we are out here in the los angeles area for the unveiling of tesla's first suv, the model x, later tonight. we'll have more about that in just a bit. i want to ask you about the model x behind me. this is what wall street is focused on right now. >> yeah. >> this is still on schedule to come out the middle of this year. there was some speculation you will not make that target. are you on that schedule? >> we're very confident to start delivery the middle of this year. more than 8,000 people have put down a deposit. you'll get your car in march of next year. but the rate at which we are receiving deposits has increased every quarter. if you're interested in boying a model x, you should put down your money right now. >> you're selling the top of the line version right now, which i think the base price is 80, 84? >> that's not quite correct. the first deliveries will be the top line version. but if you place an orde

tesla is taking orders by mid2012. it already sells a roadster. >> larry beil is here now. >> warriors are at top speed and trying to beat their old boss this evening. he comes to town and runs smack into rush hour. sports is ne [ bird chirping ] [ snoring ] [ clears throat ] hop to, gang. it's showtime. uh, do you know this guy? i'm not gonna cry, am i? only if you don't believe in the power of friendship. really? you guys are good. [ male announcer ] your favorite movies right when you want them. watch unlimited tv episodes and movies instantly through your game console or other devices, all for only 8 bucks a month from netflix. that's so cute, it's stupid. (speaking in international language) and he said unto them go ye into all of the world and preach the gospel preach the gospel  ♪very creature in the world. (applause) >>> good evening. the warriors welcomed back keith smart and the kings on a night with ellis and curry combined for only 15 points. the bench comes through. they are hung tbree for wins. cash das

tesla is taking orders by mid2012. it already sells a roadster. >> larry beil is here now. >> warriors are at top speed and trying to beat their old boss this evening. he comes to town and runs smack into rush hour. ♪ [ female announcer ] hamburger helper cheeseburger macaroni. now even cheesier and tastier. helpers. forty dishes, all delicious. gives us the most nutritious of gifts. but only when they are ready to be given. that's why green giant picks vegetables at their peak. ...and freezes them fast, locking in nutrients ...for you to unwrap. ♪ ho, h ho. green giant the warriors welcomed back keith smart and the kings on a night with ellis and curry combined for only 15 points. the bench comes through. they are hung tbree for wins. cash dash -- dash they are hungry for wins. they were inspired by mark jackson. inspired early and finishing with five points. the steel and the pass. he had 15. back and forth and a high arcing three of the evans would go for 22. he just missed a triple-double. come on, we are not at by

tesla is taking orders by mid2012. it already sells a roadster. >> larry beil is here now. >> warriors are at top speed and trying to beat their old boss this evening. he comes to town and runs smack into rush hour. >>> good evening. the warriors welcomed back keith smart and the kings on a night with ellis and curry combined for only 15 points. the bench comes through. they are hung tbree for wins. ngry for wins.ash they are they were inspired by mark jackson. inspired early and finishing with five points. the steel and the pass. he had 15. back and forth and a high arcing three of the evans would go for 22. he just missed a triple-double. come on, we are not byu byu it is not going to, would. with authority for david lee. brandon rush and knocking57% 57% 57% from downtown on the year. warriors up 4 fourth quarter. rush hour and another three. rush would lead the way with20 o beat their nor cal rivals 93-90. sharks blue jackets and watch the game. forget the texting. she is on the glass and playing with the phone. hav

cbs and tesla, and also something i've been waiting for a while in this marketplace. we have a two-for-one stock split. the company and when it will split, next on "closing bell." ♪ oh! [ baby crying ] ♪ what started as a whisper ♪ every day, millions of people choose to do the right thing. ♪ slowly turned to a scream ♪ there's an insurance company that does that, too. liberty mutual insurance. responsibility. what's your policy? ♪ amen, omen ♪ [ male announcer ] offering four distinct driving modes and lexus dynamic handling, the next generation of lexus will not be contained. the all-new 2013 lexus gs. there's no going back. see your lexus dealer. "for starters, it didn't cost me anything." "and i got a one-hundred dollar cash bonus for rolling over by april 16th." "i like bonuses." "plus at scottrade, there are thousands of commission-free investments." "and if i need help, i can find it online, by phone or at one of over five-hundred scottrade locations." "it's why more investors with i.r.a.s are saying.." "i'm with scottrade." ♪ [music] the the new spark cardnth

the co-founder from pay pal fame says tesla will be profitable by next year, we'll see. the new model s will be the first real test. deliveries are scheduled to start in july. and this is different than what they have to say last week. >> that is because this is like toyota. we sell power trains. >> and there may be light at the end of the road. the chairman of ed mundz.com told us he expects demand to climb as cars get more appealing. apple is changing its policy to require app makers to get approval and this is up loading and storing user contacts without permission. apple says it was in violation of guidelines, apps that upload contact information have to be removed from the store. want to make sure they're opt n and take a look. clear wire stock got a boost after regulateors rejected efforts to build a national wireless network, pushing to make more air waves available to feed the growing demands and makers of gps devices feared it would drown out their signals. fcc decided it did. and stocks closed qlor on concerns greece is moving closer to a default. your index do

joining us to talk about some of the drivers for tesla is think equity analyst colin rush.the program. buy rating on a company that makes no money. how does that jive? >> well it's early days. we haven't gotten to the first inning for electric vehicles and we look at tesla and really see them a defined category. >> as you said, not only are we not in the first inning, we're not even up to the plate yet. are they even delivering this much-talked about model-s? >> they'll start later this year. we have them delivering 5,000 vehicles this year. we've been to the plant. they are making the vehicles. we have a lot of confidence in this management team executing on the ramp here. they've done a phenomenal job in the technology development. we on the battery pack. what they've been able to do in terms of control technology and sensing technology to really reduce costs, optimize performance and maximize range on this vehicle is a true achievement. we see them at less than 50% of the cost of the competitors in terms of this battery pack. >> following on judge's question, how do you

miles and an operating cost of around $40 a monday, the tesla roadster is sold out. but the cost is a lot more than the leaf. but let's get real. if you can afford a $100,000 for an electric car, i'll bet you, you can afford the gas, too. in menlo park, don ford, cbs 5. >>> a stampede, riot and even fights broke out at malls across america today. the frenzy was caused by new nike shoes that went on sale today. hundreds rushed to this store in tampa, florida. two people were arrested. there were long lines. nike plus glows in the dark with apps to gauge your workouts and costs $220. there are also pairs on ebay for $1,000. wow. >>> having a baby? no need to call on friends or family. there are now paid experts to advise mothers-to-be. on the consumerwatch, julie watts tells us what maternity concierges or baby planners are all about. >> i'm very excited. >> reporter: amy is just months away from having her first baby. and she is certainly overwhelmed. >> as soon as you share the good news, you are inundated with e-mails and phone calls and text messages with people gi

coming up on "today in the bay," tesla debuts its news electronic car today.y, people, let's get started. pete, did you forget yours? me pete, me use pen! (laughter) sorry i'm late, i was in the 16th century looking for pete's pen. (laughter) guys, guys. take it easy, ok? pete's mom is videochatting me, and she wants her pen back! ok, alright, well. i just got one. so... yeah, you've got a little... yep, i can feel the wet patch. don't look at it. when it's on your mind, it's on ebay. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >> welcome back everyone. to help get you in spirit for valentine's day we let you bathe in the glow of a full moon. looks like a christmas tree with a star on top of it in san francisco. majestic, romantic. all sorts of good things. i'm feeling good right now. >> i guess so. >> watch out. >> 6:24. a stanford

. >>> this is a new creation unveiled by tesla. it's model x. it's more stylish than an suv and different than a minivan. the falcon winged doors make things easy and get the kids in and out. the price tag will be something you'll have to look at twice. >>> coming up, an announcement coming from apple. and we've learned that jurors could hear key evidence in the huguely trial. >>> we're live in timonium with a sneak peak on a new art studio for kids. we'll show you, coming up. >>> well, it's try now, another round of wintry weather is knocking on the door. >>> we're following a few incidents and fire activity in the city that may have lane closiers and delays around the beltway. ♪ [ male announcer ] for our families... our neighbors... and our communities... america's beverage companies have created a wide range of new choices. developing smaller portion sizes and more low- & no-calorie beverages... adding clear calorie labels so you know exactly what you're choosing... and in schools, replacing full-calorie soft drinks with lower-calorie option

tesla announced its 4th quarter revenue and losses today.ose 9% this past quarter to reach $39 million. the company reported a quarterly loss of $81.5 million as it prepares to begin production on the new model s at its factory in fremont. ♪ [ music ] >>> it was windy tonight. the winds are dying down, and it's going to get cold. we talked about that early. let's check out the observations toward the delta, or towards fairfield and concord. winds by the pittsburgh area, just south-southwest at 3. by fairfield, just north at 6. as the winds died down, you're obviously, or most likely noticing the temperature drop. it's going to cool off rapidly tonight. dew point temperatures are down in the 30s. it's going to be cold as the winds die down. morning frost and mostly sunny as we head into tomorrow. just know, it's just a chance of a sprinkle for the weekend, no major systems headed our way, nothing is really going to have a huge impact on the next four days. temperatures tomorrow in going to come up into the 60s. might even see upper 60s, so a

tesla announced its 4th quarter revenue and losses today.e 9% this past quarter to reach $39 million. the company reported a quarterly loss of $81.5 million as it prepares to begin production on the new model s at its factory in fremont. ♪ [ music ] >>> it was windy tonight. the winds are dying down, and it's going to get cold. we talked about that early. let's check out the observations toward the delta, or towards fairfield and concord. winds by the pittsburgh area, just south-southwest at 3. by fairfield, just north at 6. as the winds died down, you're obviously, or most likely noticing the temperature drop. it's going to cool off rapidly tonight. dew point temperatures are down in the 30s. it's going to be cold as the winds die down. morning frost and mostly sunny as we head into tomorrow. just know, it's just a chance of a sprinkle for the weekend, no major systems headed our way, nothing is really going to have a huge impact on the next four days. temperatures tomorrow in going to come up into the 60s. might even see upper 60s, so a wa

at >>darya: and other news around the bay, tesla motors is introducing the new model acts, its third electric car. coughed after >>darya: that are also has a multiple u.s. deports free to plug in your cell phone, ipod and everything else. the availability date has not been announced yet but you can reserve one starting today. >>mark: other headlines this morning, san jose mayor says brighter days are ahead for the city. his state of the city address outlined his plan for fiscal reform. among his goals are reducing the cost of retirement benefits in the the restoration of some city services. the city's little retirement costs has increased from 73 million to two of 45 million. test >>stanley: go you want a big ticket? just do with this driver did. >> you have been cited for passing the school bus with its lights on. in just 20 minutes, five separate drivers pass a school bus with flashing red lights picking up children. it just so happened i am out traffic officers on the california highway patrol in east palo alto police department. once the bus stops, the red lights come on. drivers

. >>> trait ahead on the program, electric car maker tesla is -- we'll talk tesla in just a few minutesjust sent over these new technical manuals. they need you to translate them into portuguese. by tomorrow. [ male announcer ] ducati knows it's better for xerox to manage their global publications. so they can focus on building amazing bikes. with xerox, you're ready for real business. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious inves

tonight tesla the ones opening the books. they saw their revenues grow thanks largelyo t deals with mercedes, tesla stock moving higher after hours. the market hit with uncertainty in greece across the board today. we told you last night that they reported a loss. its shares fell nearly 18% today. coming up later today in the show, we're going to take you shopping with some silicon valley technology that allows you to leave your wallet behind at 6:40. raj? >>> the rich apparently did not get richer during the obsession here in california. new information from the taxpayers association show the number of californians making half a million dollars or more annually dropped dramatically from 2007 to 2009. in 2007, there were more than 146,000 tax returns for people making more than half a million dollars. in 2009, that number dropped to less than 100,000. while there are no numbers yet for 2010 and 2011, state finance workers say they will definitely show a turnaround thanks in part to facebook. >> and quite frankly, when we're o

miles and an operating cost of around $0 a month, the tesla roadster is sold out. but the cost is a lot more than the leaf. but let's get real. if you can afford a $100,000 for an electric car, i bet you can afford the gas, too. in menlo park, don ford, cbs 5. >>> yeah. good point. it's a glitch we first told you about months ago. one of the countries's most popular airlines is still plagued with customer service complaints. on our consumerwatch, julie watts explains what virgin america is offering as a fix. >> reporter: in december brent was furious that his favorite airline virgin america after suffering of weeks through booking nightmares. >> at least ten times a day i was put on hold a minimum of 18 men's to an hour and 22 minutes. >> reporter: it was blamed on the new reservations systems. the air line increased staff and offered all frequent flyers free roundtrips for their troubles but three months later we're still noticing complaint after complaint on our website and facebook pages. >> they apologized and yet the problem still persists. >> reporter: this c

the seating is open to the public but all of those advance tickets were snatched up. >> tesla motorsill unveil its newest car, the model x said to have the functionality of a minivan but the cool design of an suv. the carmaker says the model will be built on the model s platform but with several suv design features. >> that's the model s right now. the model x will be made at the fremont mant. they will show uf tonight at its design studio in los angeles. >> a cool sexy minivan. let's see that one. scott, how seriously do we take this? >> it's hard to say. i have my doubts. there is talks of a coordinated protest against apple for 10:00 a.m. wherever local is for you. the first american protest will come from the apple store at mork's city's grand central train station. they plan to deliver petitions to apple stores to protest working conditions at the plants that apple contracts in china. the foxconplants have been making apple products for year but got attention with a stage play and cutting criticism from the program "this american life." san jose's cisco systems says it turned it

for the things are looking good for tesla.hey have already taken orders for $40 million worth of those as tv crossovers. >>mark: in san francisco, ross mirkirimi is due back in court today. mirkirimi has been ordered to appear along with his attorney. he and his wife go to trial later this month. he is accused of raising his wife's arm during a fight on new year's eve and has been ordered to stay away from her. >>darya: the first comprehensive study on the amount of garbage going into san francisco bay reveals there is enough of it to sell 100,000 kitchen trash bags. the latest numbers finds that san jose and oakland are the biggest polluters. other cities are among the areas that had the most flitter per capita. state regulators are ordering cities to reduce trash and by 40% in 2014 or face fines. >>mark: a quick break as the kron4 news continues. here is a live look outside on this thursday morning. >>erica: we are following held at lawrence. the company mars that makes candy bars will stop selling traffic -- will stop selli

tesla lower by 1.5%.arket will probably do better but you have ongoing turmoil in europe over the greek debt keeping the gains under wraps for the time being. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> big lunchbox controversy now making national headlines. >> that's right. a state agent in north carolina took away a girl's lunch because they said it wasn't healthy enough. the worker was inside a pre-k school last month and swapped chicken cafeteria chicken nuggets for the 5-year-old's turkey and cheese sandwich and sent a note home warning the family about being charged for cafeteria items if they don't send a healthy lunch. school officials say it was a misunderstanding. >>> on stage a love story between architects competing against one another. >> new music from sir paul mccartney. liam mayclem joins with us liam's list. >> good morning. in fact, top of the morning to ya [ st. patrick's day is come early this year because the chieftains are playing this coming tuesday at davey's sy

. >>> and electric carmaker tesla is showing us the all-electric minivan combination. the model x back doors up up, not out. it makes it easier to squeeze into some tight spaces. the third car is m coing this summer. very pretty. also very pricy. it will cost you $50,000 to $70,000. >> i could see you in that. you would look good. >> yeah, space-age minivan. i just need the kids. >>> the riveting trial under way in virginia. a murdered co-ed and new details about the troubled relationship with the exboyfriend now acued of killing her. >>> in the long rivalry between the celtics and the larks, this one for the recordbooks. ♪ [ female announcer ] gross -- i'll tell you what's really gross: used dishcloths. they can have a history that they drag around with them. for a cleaner way to clean try bounty extra soft. in this lab demo, one sheet of bounty extra soft leaves this surface 3 times cleaner than a dishcloth. it's super durable too. it's the cleaner way to clean. bring it with bounty extra soft. in the pink pack. and try bounty napkins. >>> well, it was a long and win

he did that with tesla and so n solyndra. if i'm president, we will turn to free enterprise and energy and get america going based on the american people. [ cheers and applause ] you're going to have to ask yourselves and your neighbors and people across michigan and the nation will have to say what do we want in our next president? we know what we have now. an eloquent speaker who makes a lot of promises he cannot keep. what do you want in the next president? thank you. i believe you want someone who understands how to get the economy working. who understands how to get jobs again. who understands what it takes to see rising incomes. do you realize the median income in america has dropped 10% in last four years. this president has failed the american people. i believe we need a president who will get the economy going because if we have a strong economy and a vibrant economy, that means that kids coming out of high school and college will have jobs waiting for them. it means people -- [ cheers and applause ] -- it means if y

that same year tesla closed on a $465 million loan from the u.s. department of energy. >> i think what's lost is what about the little guy, what about you and me, the voter? >> e-bay officers gave $213,000 and picked up $4.5 million in federal funding and yahoo officers gave $47,000 to federal politics. >> this gets access to the public officials to make your case. >> while there is no proof these contributions are direct payoffs for federal contracts, these big donations clearly buy access to politicians that regular citizens can't get. >> if this were illegal, then writing a check and having a lawmaker vote a certain way would be bribery, but it is legal, but in my view still bribery. >> about ten years ago, silicon valley ranked 53rd in the total amount of lobbying and spending in washington. now overall silicon valley companies as a group rank fourth nationally, more than $1 billion in all. an increase in some cases of more than 250%. and that, guys, does not count super pacs. as you know, they don't have to require or let us know how they get

tesla has not turned a profit since the 2010 ipo but trading $12 a share more than its initial offerings. nothing comes close to google's success which debuted in 2004. if you bought it at that point, 85 bucks a share. today it closed at $582 per share. >>> now from what facebook's success means to the bay area to an exclusive tour at their new digs in menlo park, find all things facebook on nbcbayarea.com. >>> a possible new lead in the disappearance of a 9-year-old hayward girl kidnapped 23 years ago. a convicted killer at san quentin says he knows information that could lead investigators to the girl's body. nbc bay area's kris sanchez joins us live from hayward with more. kris, do investigators and family members believe he's telling the truth? >> reporter: you know, i talked to michaela garecht's mother this afternoon. she steadfastly refuses to believe her daughter is not alive anymore. as for the death row inmate's claim, she says it's not the first time she's heard someone make a claim about her daughter that in her heart she doesn't believe is true. michaela garecht was 9 years

diablo, that's a first, and then doing a 15-00 foot climb over patterson pass before coming down teslaoad past the vineyards of livermore. for the city of livermore, they're expecting 15,000 to 20,000 visitors here. that's a big deal. you've got people who want to eat, who want to drink and stay here, so you're looking at an impact. they're taking in hundreds of thousands of dollars, perhaps as much as half a million. and then you've got the exposure. this is advertising that the city could never afford to pay for. >> it's really significant for the city of livermore, an opportunity to put livermore on the world map and showcase everything that livermore has to offer. our downtown and our wine industry. >> reporter: and in the downtown on first street where this race is going to end, they're going to have a big party. it will be an all-day affair, 60 vendors, that sort of thing before the next stage continues the next day. the amgen tour of california, may 13th through the 20th. it's a great spring event. of course stage three being may 15th here in livermore. so i think we just arrive

electric car maker tesla found buyers, too, moving higher by almost 2%. the biggest loser among the s&p 500 was jelly maker j.m. smucker. a disappointing quarter and outlook hit the stock. shares slid 8%. volume was almost ten times average, with shares sinking to their lowest since october. higher prices of its jif peanut butter and folgers coffee hurt its sales, and margins are getting pinched by higher costs. meantime, amazon.com also missed out on the rally today. shares fell 2.5%, and they've been trending lower since october. morgan stanley cut its rating to equal-weight over concerns that sales of iphones and ipads could hurt amazon's electronic book selling business. but there was also an industry report showing amazon's own kindle fire tablet has cut into the market share of the ipad. and a couple of specialty retailers saw big stock losses. build-a-bear workshop fell apart, losing more than a quarter of its value. earnings came in shy of estimates and its store sales dropped. online jewelry retailer blue nile was tarnished after missing estimate

out of thirty seven is to sions have been hit including massive banks such as you know credit and tesla some power that's another blow after the agency cut it only silver brazing last month by two notches in a mass downgrade of nine eurozone countries standard and poor's explained a move saying well it was economy having into recession the banks may become unable to pay off their wholesale debts. and later in the program here in our financial expert max kaiser gives us his inimitable take on the latest discounts. we just where we want to go. well max this first headline is the theme of the show ok it's bar alou gold bar we're all terrorists now believe in a return to the gold standard you are now officially in extremis according to the f.b.i. yeah we've got of just where we want you know they're trying to keep the gold price cheap because it makes a mockery of the u.s. dollar so the f.b.i. is saying if you buy gold you're a terrorist thus increasing the panic buying of gold around the world this is just like federal reserve chairman. ben bernanke trying to talk his way into some kind of

so when the president says i'm going to take your money and give it to tesla and fis kerr, two new car companies which, by the way, fis kerr now builds their cars in finland, that's not good. when the president says we're going to take your money and put it in a battery company that's now out of business, that's not good. when he takes $500 million and puts it into solyndra, that's not good for american enterprise and innovation. you know this and the governor knows this as an old venture capitalist. my guess is the president wanted to encourage solar energy. he thought by taking $500 million and giving it as a loan to a company would do that. it did just the opposite, just the opposite. not understanding the private enterprise system explains why he doesn't understand that. there are about, my guess is, about 100 or more entrepreneurs in america that have ideas for solar energy. and they're going out trying to get funding for their business, for their startup, for their ideas, going to venture capitalists and angels and their parents to try to get funding. but when the whole community

. >> governor brown is hitting the road for automaker tesla.hey unveiled their third car known as a model x. it's falcon wing doors is getting a lot of buzz and dual batteries. it can go zero to 60 in 4.5 seconds. >> we can work our way out of our mess with creativity and openness and the kind of spirit that is willing to take risk. >> it should enter production next year. >> a new california lottery game appears to be the hottest ticket in the state these days which can only spell success for public schools. nannette miranda reports the voter on pace to set a record. >> reporter: california lottery tickets are hot these days, they are pace to set a record in june. $4 billion in sales, highest ever in 26 year history. brenda and melanie do their part to help. >> maybe i'll get a good one. >> lottery officials credit the fight to a new game that begin last fall and all 36 million tickets printed will sell out. >> it's all about the scratcher nau game. we have a new ten dollar ticket that is selling unbelievably well. >> but is it really the new

tesla unveiled its all electric suv minivan, a nation. side door opens up and leaves and a space to stand up inside the car. coming this summer at $50,000 to $70,000. i am rob nelson. >> thank you. getting a look at the forecast for today. of to a chilly start. >> a cold start. 20's and low 30's. but not a bad afternoon. tonight into early tomorrow morning, a light wintry mix. not a big deal. >> not excited about this. >> no excitement. we could see a few snowflakes and on the metro area. but i don't think they will stimulate on any surface is about the metro area. the whole 95 corridor is looking wet this evening and tonight. cold in frederick this morning. 28 degrees in gaithersburg. 32 in cumberland and 34 in the district. 37 in lexington park. 36 in quantico along the water. 30 in culpeper. we had some clouds over night. now mainly clear skies. we will start the day with sunshine. icloud working in for west virginia. filtered sunshine through the morning becoming cloudy but a midday and afternoon. a cold front of to our northwest. clo

he did that with solyndra and tesla. we will turn once again to a nation that believes in free enterprise and free markets. based on the innovation of the american people. [applause] you will have to ask yourselves and ask your neighbors and people across michigan and across the nation, what do we want in our next president? we know what we have now. a guy who is an eloquent speaker and made a lot of promises he has been unable to keep. i believe you want someone who understands how to get the economy working. who understand how to get jobs again. who understands what it takes to get rising incomes again. the median income in america has dropped 10% in the last four years. this president has failed the american people. i believe we need a president to get the economy going. if we have a strong economy, that means kids coming out of high school and college will have jobs waiting for them. [applause] it means if you are in the prime of your life and you need to move you can find a new job right away. it means that if you a

right now the tesla roadster, nissan leaf and chevy volt all use some form of lithium ion technology.> from the largest tv on a wall to the smallest in the palm of the hand the way you watch movies changing. richard hart reports on the final curtain for celluloid film. >> reporter: the end of the road for physical film, distributors have declared 2013 the expiration date for the he will you lloyd we've enjoyed> the box office is a touch panel, the audience walks in, goes up to a tv, taps, swipes credit card, picks the ticket up and goes into the movie theater that no longer has a projection booth. >> reporter: the projector handles from the ceiling. all changes can be seen at the new escape cinemas from india where stewart took these photos this week his dolby lab stands at the crossroads of all this change. the company took theater sound from 5.5 to 7.1 dolby surgeon with new formats like 7.1 we can bring sound off the screen to the sides of the audi

he takes your money so he can invest with his friends, whether it is fisker or tesla, money goes into businesses that happen to be big contributors to his effort. and not worked out so far, we will see how they do down the road. what they do is make it harder for the private sector to grow and thrive because competitors of those businesses cannot get financing and go out of business. the right course for america is not having a president trying to direct winners and losers, it is to let the free market choose the best and to let those thrive and succeed. [applause] we are facing real challenges, a crisis of fortunes in the american family that is under stress, the economy, globally with iran and others threatening our security and our peace, and this is not a time for business as usual in washington. it is a time for principal, conservative leadership. i learned that in my home, the values i was taught there. i live in my home. i learned it in my business experience, where you have to balance your income statement. i applied to those principles as the governor of a state. by the way,

current batteries meaning the overall price of electric vehicles could drop significantly now the teslaof lithium icon technology. >>> 6:25. as many as four students shot, the latest on breaking news on a high school shooting in ohio this morning. >>> animal in danger, effort to rescue a sea lion in distress. >>> the arrest that could provide new answers on the murder of a california hells angel at a funeral for a fellow club member. >>> sex, lies now videotape. the sex tape stunner involving alameda county supervisor nadia lockyer. >>> almost all major airports on time except for atlanta flight departure delays. check out flight tracker abc7news.com at the ♪ that aroma calls to you ♪ time to jump in to something new ♪ ♪ ♪ the best part of wakin' up ♪ is folgers in your cup >>> opening bell. worries that high oil prices could hurt america's economic recovery have pushed. is stock futures lower all night long following similar declines in overseas markets. we'll get the latest live from the new york stock exchange in 15 minutes. >>> good morning i'm katie marzullo in for eric thomas. >>>

i know the tesla case well.y were doing well, then they got the federal money, a guarantee of $500 million. they canceled the second project and they promised a certain level of delivery to get that money. they didn't deliver. and they've already told the government that the second line of cars they were going to do -- another federally-subsidized line which is a bad idea to begin with -- that they aren't going to be able to do the second line, but they'd like to still get the 500 million even though they didn't do what they promised to do, leslie. megyn: staffers and advisers who have ties to these venture capital firms did not make the funding decisions, but there are still, obviously, questions being raised. panel, thank you both so much. >> and do you believe that, megyn? megyn: i'll let the viewers decide. thanks, lars and leslie. >>> in the last week, we have seen a lot of tributes to whitney houston, but not a lot of warnings about drug addiction. a fierce debate next on whether that's right and why that

this morning, tesla will unveil its model x vehicle in los angeles. governor brown will even be on hand for that announcement. the silicon valley-based company has been hush-hush about this vehicle. it is being described as a crossover suv. the event will be streamed live on the company's website at 8 a.m. if you wantcheck it out. >> i want to see a picture of it. >> they haven't unveiled it yet. you have to wait. >>> 5:49 now. playing hardball. oakland's last-ditch effort to keep the as from going down to san jose. >> and you probably have seen the movie free willy, right? but this is a real-life whale rescue. how a man helped free a whale from a potentially deadly trap. around the world, includingn francisco. sting labor >>> today protestors plan to descend on apple stores around the world including san francisco. they are protesting labor conditions in the company's manufacturing facilities in china. last month the "new york times" published a report saying employees worked long hours in dangerous conditions and live in crowd dorms. apple said it's

ford, tesla and nissan already have plans through the program. >>> teenagers working undercover.u news was there when they played a crucial role in a sting operation in the east bay. >>> also the no. 1 threat of popular sea creatures. >>> good morning. if you're driving in oakland right now, traffic is going to be doing very well past the coliseum. we'll tell you more about the morning commute and the bay weather. >>> welcome back to the ktvu channel the 2 morning news. i want to take you live to new york. dow jones up 34 points despite a jump in inflation because of gas prices. >> time now, 6:53, shark attacks are now the biggest threat to the survival of sea otters. last year 70 sea otters washed ashore with shark bites on them. 30% of all otter deaths can now be blamed on sharks. that's up from 10% in the 1990s. experts are not sure why sharks are attacking otters more often. >>> police are alameda are expected to reveal the citations they issued in a sting operation. they were looking for adults willing to buy alcohol for minors. our cam are was there last night when the poli

a blogger criticized tesla saying if you let a battery run down to nothing and let it sit for a longill never take a charge again. there were plenty of ways of preventing that from happening. >> another said yeah, if you drive it around with no motor oil you'll ruin your car that way. >> and nanny in the clouds, parents with small children and young people who baby sit are often on the same flight so why not hire someone on the plane to help out with the baby. you can enter your flight number of a trip and babysitters do the same thing. now, obviously people have to have heard of this and try it. it's a way of getting people together when they say you pay me to take a flight i was taking. >> sure. my husband has to do a report on that. a man is shot in his car. we'll have details in a live report. >> a sunnyvale family unaccounted for after an overnight fire. why firefighters are waiting until after sunrise to go in the house. >> i'm live in the bay area weather center. last day of near record warmth. things drop off for the weekend with a few showers. your complete forecast coming u

shares of tesla, a blogger criticized the company saying if you let the battery run down to nothing and sit for a long time it will no longer charge and you'll be faced with a $30,000 repair bill. the company said technically that's true of all batteries and there were ways of preventing this. another blogger said yeah, if you drive a fer rory around with no motor oil you'll ruin your car. straight from the why didn't somebody think of this earlier file, a website and app for you called nanny in the clouds, the idea is parents of small children and young people who baby sit from time to time are probably on the same flight. hire somebody on the plane to help out. you can enter the flight number ahead of time and match wake-up a babysitter also planning to fly. ask the airline to sit you together. mike is applauding. i was telling you sometimes if i'm seated next to parents with small children i tell them, listen, i've been there. whatever happens, happens. >> though some kids won't go with just any one. >> that's true. if you have a babysitter sit in your row. >> that's pretty neat. >>

it takes market caps of toyota, volkswagen, diamler, honda, ford, nissan and tesla all added together to reach apple's present $500 billion market cap. measure apple against media. look at these 11 names. you have to add all of them up and they're still less than apple at $350 billion in combined market cap. so exactly how big is $500 billion? well, if apple were a country with a $500 billion gdp, it would be the world's 20th largest economy between switzerland and poland. now, apple has been publicly traded since december of 1980. hard to imagine, but the company hasn't always made money handover fist. apple lost money '96, '97 and 2001. steve jobs wasn't always at the helm either. he was ousted in 1985 and didn't return to the company he founded until 1997. fast forward to 2007. apple hits $100 billion in market cap. multifullying four fold in five years to $400 billion and just last month apple's grown $100 billion to more than $500 billion right now in trading at yet another all-time high. shares up $542.99. sue. >> courtney, well, apple's up, but the stock market's been slipping

. >>> in about an hour and a half, tesla will unveil its latest electric vehicle in l.a. governor brown will be on hand for the announcement. silicon valley-based company has been creating quite the buzz about the model x, what we do know is that it's being described as a crossover suv. the event will be streamed live on the company's website this morning at 8:00. >>> 6:38. encouraging signs on the job front. what's happened for the first time in four years. >> and counting down to the grammys. this weekend our liam mayclem will give his picks for the big awards show coming up on sunday. >>> the market opened just about 9 minutes ago. the numbers are up. we'll check in with kcbs moneywatch reporter jason brooks coming up. [ male announcer ] technology accelerates at a relentless pace. anything not moving forward is moving backward. [ tires screech ] [ engine turns over, tires squeal ] introducing the 2013 gs. with the lexus enform app suite, the most connected information and communication technology available in an automobile. [ tires screeching ] the all-new 2013 lexus