the tesla model s. vo: traveling you definitely end up meeting a lot more people but a friend under water is something completely different. i met a turtle friend today so, you don't get that very often. it seemed like it was more than happy to have us in his home. so beautiful. avo: more travel. more options. more personal. whatever you're looking for expedia has more ways to help you find yours. [ roars ] ♪ ♪ [ roars ] ♪ [ roars ] ♪ [ male announcer ] universal studios summer of survival. ♪ >>> if we're determined to change the definition of marriage to accommodate how people feel and what they wish to do because of their mutual consent, then we should immediately release those incarcerated for practicing being a polygamist or bigamy, and let's make other things illegal, such as drinking 16 ounce sodas in new york city. >> okay, i'll make that deal right now. up next on the george zimmerman trial. wi drive a ford fusion. who is healthier, you or your car? i would say my car. probably the car. cause as

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tesla currently trades on the nasdaq. the nasdaq 100 is an index of the top 100 companies of the nasdaq. the shift is happening as oracle exits the nasdaq for the new york stock exchange. general motors is following tesla's lead by releasing a hot car that is also eco-friendly. chevy's revamped corvette stingray allows drivers to shift into an eco-friendly mode which delivers 30 miles per gallon. chevy is calling it the most efficient sports car on the market. michelle krebs, an analyst for edmunds.com, tells us while tesla, with its battery-powered technology, isn't direct competition for chevy, tesla's influence is present throughout the industry. "i know that gm was inspired by tesla when they started developing the chevy volt. when time goes by, we will look at tesla as being the turning point for moving towards electric vehicles, but more importantly, the electrification of vehicles." the stingray prices in at $51,000. new details are emerging about that asiana crash at san francisco airport. the national transportat

tesla ceo, elon musk. is still loaded. he is goldman sachs is not drinking the tesla kool-aid.e stock is overvalued. price target for tesla stock at 84 buck as share. the report pummeled tesla's stock, knocking it down by 14%, a little more than that elon musk owns 27.2 misdemeanor shares. that means he lost $494 million today. plenty ever time to make the money back this week. don't worry, elon? >>> in the wake of terrible reports is tesla skidding off the tracks? goldman sachs is saying yes. this is big news, considering whether tesla's stock had nearly quadrupled this year. goldman analyst rerts sent the stock falling more than 14%. saying it had worked 84, middle of the range, dollars per sre. that is lot less than 126 bucks it opened at today? who is right? with me is bill alpert from "barron's." you wrote a while ago that the stock was worth 50 bucks? do you feel vindicated now? do you think it is overpriced? do you feel people jumping on the bandwagon or exactly right? >> the guys at goldman aren't idiots, i guess it is some kind of individualcation that they think even

>> i like tesla. i wouldn't buy it on a day it made a high. >> tesla. >> pete? >> micron i think is going to $20 a share. >> karen? >> don't make me do it. >> this is your worst segment ever. >> one very hot call on the streets this morning. bofa up to 1750 from 1600. we have the strategist here to talk about it. always great to see you. >> great to see you, too. thanks for having me on. >> you mentioned that over the last several years fundamentals sometimes take a back seat. how much of the other forces come to play in raising your price target to 1750? >> our call is primarily driven by fundamentals. but i would say this, sentiments and positioning are still fairly conservative and suggest a lot more upside to equities at this point. we're seeing a falling cost of equity capital. we think the risk of equities has diminished over the last sick rsix months. we haven't necessarily seen the market rally on earnings. it's been all about an expanding multiple. whatever earnings growth we get from here is upside for equities. >> how much of the fed really plays into

isiw' developing a app for google glass thatp wil work with the tesla.goal? letting you check a map or make a call or control the car without having to reach out or take your eyes off the road. >> google glass makes life a lot easier. i use it for navigation, phone calls. it's just making hands free experience a lot betterer. >> google glass wearing tesla drivers don't yet make up a huge market but someday wearable tech plus electric cars could happen. >> i think this is one of the first great examples of kind of showcasing the capabilities and what role it will have in every day lives. >> reporter: something to think about when your kid asks to borrow the car. >> not letting him drive my car. tesla doesn't let you do. it is a way to open up sun roof and unlock the doors. eventually wearable technology and driving will go hand in hand. >> just like cell phones and driving and how that has been kind of banned. >> his point was instead of having to look at your map here it sort of hangs in front of you so it may be a safer way to drive. >> makes you want t

selling real well. >> tesla tug-of-war.l came out and we have an analyst who says guess what, the stock is speeding towards $200. massive upgrade there and aggressive course and do not forget wall street's biggest power brokers at our exclusive delivering alpha conference. another live update but first besides my co-host, what sells coming up on closing bell? >> many things coming up. earnings, all about earnings. we'll take the pulse of the banking industry and exclusive interviews and after the bell earnings extravaganza, intel, ebay, american express, all set to report after the bell tonight, instant analysis as soon as those numbers are released and we're not finished. the cfo stacy smith tells us how the slumping pc industry is affecting them bottom line. much more on delivering alpha. nelson peltz live and his intentions for pepsico. that should be very interesting. first more "street signs" coming your way. they've now put their most powerful platform, tdd#: 1-800-345-2550 streetsmart edge, in the cloud. tdd#: 1-800-

tesla is the toughest.l of people have even test driven a tesla yet the company is valued at $16 billion. the car is fascinating. tesla was able to show a level of profitability that the analysts say was a miracle but it was enough to push the boosters to push the stock hard. tesla shares a lot with amazon and netflix. could see how tesla would run out of gas or battery life. do i like amazon, netflix and tes tesla, i say absolutely, they're the best they are in the class. they're in a class by themselves. but you ask if i would buy them for my charitable trust, my answer is no because they simply don't meet the criteria. with the spark miles card from capital one, bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call.

have you ever seen more teslas anywhere in one place? probably not.hese are enthusiasts from around the nation and most have no doubt that the man behind tesla has even more big ideas in the picture. the tesla model s has been a hot commodity with the target of 400 sedans a week coming off the line in fremont. but the company has also built a very loyal following. take john peck, who didn't even really know much about tesla until he drove a friend's model s. >> i fell in love with it when i drove it. i come from luxury cars. i have luxury cars. i got in this thing and i asked the guy, can i open it up? and i floored it and i was sold. >> reporter: tesla fans say the man behind the brand elon musk is a big thinker. he also set up supercharging stations along major highways, is behind the commercial spacex program and now is talking about something called the hyperloop, musk calls it a fifth mode of transportation, after planes, trains, automobiles, boats similar to this automation. it's like a jetsons tunnel that whisks you away. he says it could take

you can't fight momentum. >> i think you buy it on dips. >> tesla, mentioned it before, tesla. >> that was grasso's final trade last night. so yesterday it got added to the nasdaq 100, ramped up prior to this, sold off yesterday. you might have thought it was poised for a bounce in today's session. >> it did. you can't look at this in a vacuum. you asked the question about a month ago, i think josh was on the desk is tesla shortable. the stock was in the mid 90s. we said as long as it holds the secondary price the stock would be fine. you say is the trade over. i don't think it's over, it's taking on a new dimension. these stocks work better on the downside than they typically do on the upside. clearly the stock got way ahead of its skis. volume yesterday was tremendous. to me that signifies reversal. if you don't need to trade it don't but if you are looking for a high bid trade, yeah, this could push lower. >> momentum, it can work to the downside better. in that the downside momentum could be stronger than the upside momentum? >> we all can speak to that. things go down quicker than

gm reportedly is keeping track of tesla. as the eletric car company - and its stock - gain traction, marketwatch.com says gm's ceo has assembled a team to study tesla's strategy. bloomberg news reports gm's ceo has said "tesla could be a disruptor if we're not careful." cars.com editor kelsey mays thinks gm may not be the only one feeling the tesla threat. "they have really, really high upside potential, and it's good that gm is following them. i'm pretty sure most automakers are following tesla pretty closely now, if they are smart at all. it's interesting that gm has been so public about it. " general motors plans to launch an electric cadillac in 2014. slow sales of its chevy volt have forced gm to cut prices. the shareholder vote on the future of dell did not happen thursday. it's pushed off until next week. it gives michael dell and partner silver lake until wednesday to either convince shareholders to accept the terms or sweeten the $24.4 billion offer to take dell private. it also allows billionaire investor carl icah

when i drive the tesla, i cannot believe it. the console is so much fun. that's all you, everyone one of those? because it just works so much better than knob. that's all your technology? >> well, in this -- the technology to turn a finger touch into a position into a command is ours. the concept of how to control an automobile with touch, you've got to give all the credit to tesla on that. they made a breakthrough. >> it's just fun and whoever put you in knew this would be a fun thing to use. it's also incredibly cool. your stuff is cool, tj and it's innovative. congratulations. you said it was the bottom last time you were on. you put your money where your mouth is and you delivered for r your shareholders. thank you so much. >> thank you. >> guys, look. the stock was up so much yesterday that people probably feel it's over. inventories are low. you just heard he said he had visibility. if you've ever been in a tesla, you're pressing things and you can't believe it. if elan likes it in tesla, it's going to be everywhere soon. >> coming up, mild, medium,

tesla is petitioning the white house.the electric car company wants the right to sell tesla models directly from its showrooms in all 50 states. the petition crossed the 100,000 mark, giving it enough signatures to gain the attention of the president. by state law, automakers sell to dealerships. tesla makes and sells the cars and does not want independent dealers because the ceo believes dealers may not be aggressive in pushing the electric cars. some states have prevented tesla car sales. the saga of its see-through yoga pants now has lululemon facing a lawsuit. a shareholder contends that leaders at the apparrel company hid defects in the too-sheer yoga pants, forcing the firm to sell them at a discount to maintain market share. a lawsuit filed in may accuses lulelemon of boosting possible executive bonuses just before it recalled the pants. researchers say when it comes to facebook, employers are too quick to judge. a new study finds hiring managers tend to dismiss candidates based on negative photos or comments found

if elan musk likes it in tesla, it's going to be everywhere. stick with "mad money." >> coming up, mild, medium, no. hot. chipotle delivered a spicy beat and sent stocks soaring to a new 52-week high. >>> cot beloved burrito maker continue to grill up gains, or is it too hot to handle? cramer's talking to the big enchilada in his first interview since reporting. [singing] hoveround takes me where i wanna go... where will it send me... one call to hoveround and you'll be singing too! pick up the phone and call hoveround, the premier power chair. hoveround makes it easier than any other power chair. hoveround is more maneuverable to get you through the tightest doors and hallways. more reliable. hoveround employees build your chair, deliver your chair, and will service your chair for as long as you own your chair. most importantly, 9 out of 10 people got their hoveround for little or no cost. call now for your free dvd and information kit. you don't really have to give up living, because you don't have your legs. hoveround replaced the legs. and

last week, tesla raced to a record high of $128. just a short time ago, the stock was trading around $25. but while the share price is speeding up, sales are showing signs of slowing down. second- quarter sales dipped 12%. in the first quarter, tesla impressed wall street by outselling mercedes, bmw and audi. meanwhile, automakers may soon have to meet higher safety standards. several vehicles failed a round of crash tests by the insurance institute for highway safety. the new tests are said to be more challenging and simulate a head-on crash. 2013 models of toyota's rav 4, buick encore, ford escape, hyundai tuscon, kia sportage, and 2014 jeep patriot all got poor rankings in the head-on crash, but had good ratings in other categories. the institute says many carmakers will have to make "significant changes to vehicles in order to pass the test." a record number of car buyers are taking out longer loans. some are taking as long as 10 years to pay off their cars. greg mcbride of bankrate.com is skyping with us this morning. hi greg,

what you would suspect or maybe you would then just underhill and i will do all over the automaker tesla and about the dreaded in combat. real damage and complexity of this oil spill was not something you can grasp just by looking at dirty birds we have between four to five million people in this directly affected area of the coast and it's pretty clear why it's not being reported because b.p. can't afford to have a reported all along the gulf coast are clean they are safe and they're open for business if b.p. is the single largest oil contributor to the pentagon the us war machine is heavily reliant upon b.p. and their oil this is a huge step backwards for the marker c. it's a step forward for oligarchy carex it is toxic is a look a lot like spraying in vietnam it was it was not a picture that either the government or b.p. really wanted to have out there i don't want dispersants to be the agent on. this boils. down to the. science technology innovation and all the least developed mints from around russia we've got the future coverage. with all this fed speak i'm going to dig into the fi

i tried to talk my wife into buying a tesla, but she wanted to get the lease. i talked myself into it now. >> electric cars fit our lifestyle and would make a lot of sense. i think it would be a wise choice, especially with so much, you know, pollution and the environment. >> reporter: the idea of going electric is popular here. and soon there will be another choice. one area of concern, like the nissan leaf, the bmw will have a pretty limited range between plug ins. bmw says there will be an option for an extra small gas tank to be installed which will give you more range like the chevy volt. tesla says it welcomes the competition as the electric car market grows. >>> a luke skywalker and indiana joans cou jones could be coming. star wars creator george lucas is very interested. he wants to build the lucas cultural arts museum that would try to educate and inspire young people in the art. >> george lucas is a local boy. the first museum he ever went to was right here in san francisco. and he realized that that museum-going experience inspired him to become an

tesla moving to another all-time high today after popping 4% on friday. >> unstoppable tesla.k had a buy rating recently. they have gotten near perfect reports from "consumer reports." people are buying up the model s. what can i tell you. it is up 300%. [closing bell ringing], the bell three seconds late today. does that mean anything to anybody the bell was late today? liz: 4:00 eastern. here is how stocks were finishing up. dow jones industrials, listen, red on the screen. doesn't matter. almost got to the flat line. most of the major indices attempted to make a run for it but again showing some real resilience in the last hour. the nasdaq and s&p still down. s&p is down six points and nasdaq as you can see is down 14 points. david: here is a look at the front page headlines, after hitting a six-year high, pending home sales fell in june as interest rates did rise. sales fell..4% in the month and though up 10.9% year-over-year. liz: advertising giants, publicist and omnicom agreed to $31.9 billion

tesla is made in california. at the beginning of the 20th century, detroit was the kind of silicon valley of cars. somehow, detroit is a victim of its own efficiency. ford, gm, chrysler are efficient. efficiency in scale, the small, vibrant, entrepreneurial spirit is dying because they cannot -- >> the new upstarts, who will be the big layers of tomorrow, or elsewhere. -- the big big players of tomorrow, or elsewhere. >> and industry needs innovation. when it is mature and you have too many large big players invading his space. -- invading the space. electric car innovation, the big three have not been able to compete as well as tesla, which is a small start up company. it is interesting, in the u.s. press, there was a debate. whether silicon valley could experience the same fate as detroit. >> california is the most indebted state in the u.s. >> california managed to pull itself out of its debt problems. >> it is interesting the way they did it. they convince the voters to say yes to raising taxes. >> the soluti

cheryl: tesla joined the nasdaq 100 today.is is my third new york city triathlon. i love it. >> we took first place in the female relay division. go fox business. ♪ weekdays are for rising to the challenge. they're the days to take care of business. when possibilities become reality. with centurylink as your trusted partner, our visionary cloud infrastructure and global broadband network free you to focus on what matters. with custom communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. ery day of the week. centurylink® your link to what's next. >> could get the road ahead for the car and the company and the stock. you drive a traditional car. dennis: to hear what a treat -- phil flynn s.a. about gas prices at the cme also adding video to the cell phones of across the third world now we have nicole petallides at new york stock exchange to look at citibank >> the financial names in particular driving the market one way or another. but good news from citigroup the stock is up 1.8%.

>> i drove a tesla. >> what's going on with tesla? >> can i answer your question? >> yes. >> intel. intel, we all know the company. >> yeah. >> they got 90% market share in much of the microprocessor market. >> and they are the best tat. >> intel is up 1% this year. it's one of five -- last night i ran my screens. the nasdaq 100 up 14 days in a row coming into today, okay? intel was one of five stocks that were down in that 14-day period. dell another one. the wibtel p c thing, everybody knows it. >> i had an electric typewriter that i swore by the ole him was at ledge. >> you had a spris decision but the main you were in there, electric type iters, did not do very well. i used to drink diet coke. >> just as bad for you, jim. all the studies saying. going back to tesla. having its worst since since january 2012. what gives? >> the 113 below. >> tesla was obvious when they put it into the nasdaq 100. that was right then and there the sign that it could be a potential top because you could see what was coming. they put it in right there, at its speculative peak. i want to go back to s

general motors and ford and tesla. all three names are worth watching.and ford, you can see both had down arrows. so that is one thing that is worth noting. gm was the one eventually hit an annual high. the other thing is tesla which is down about 13%. they cut their numbers. this of the targets for a little too high and the pull them back. you know, a hundred and 11 are so give or take. it is interesting to watch the group overall. i would not mind if it were a tiny bit warmer. liz: that is very european. they don't like air-conditioning. i love it. california. we want to be winter freeze. see later. you would think that sense goldman came out with a bang attorneys this morning that that would be the focus. but for many it is a little bit of a sideshow compared to the trial of former goldman presidents. that trial in its second day. here is what makes it relatively interesting aside from the fact that it is goldman. taking the stand in his own defense. regulators have accused him of misleading investors by setting of the trade that arguably helped when

i'm looking at ibm, 192 and tesla is 125.et to them shortly, nicole, the dow is up 70 points, 15294. another tale of ineffective leadership. blackberry. our next guest says the company is dead, flat-out. unless it's bought out. larry is here. and that's it? no chance, can't rebound, can't come back. they've got to be bought out or they die, right? >> absolutely, there is no rebound. what could happen here, you could have a total asset sale and they have 3 billion left in cash. the product isn't doing well. in the tech business, it's about the new, new. if you don't bring that out. you're dead. >> you i've got a blackberry and i'm part of the stalled base and they can milk me forever as long as i hold the blackberry. it's worth right now about $9. i think they'll get a take, 5 to 7 range, microsoft. they could take the patents out and the interprice software base, which is the only value and the users. >> it's a take under. >> a take under. i said a while ago, from the 5 to 7 range and that's where i believe it will be. there'

what you would suspect or maybe you would then just underhill and i will do all over the automaker tesla and about the dreaded in combat. i would rather asked questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on r.t. question more. with all this fed speak i'm going to dig into the fine print of a debatable issue at the fed that is fed audits and you're asking yourself why should i care about these issues you might be interested to know that the fed has total control of the fed's monetary policy that is the supply of the us dollar and since the fed's inception and nineteen thirteen at the purchasing power of the dollar has declined over ninety five percent having full transparency into how and why the value of the dollar has declined is at the interest of everyone expects those living on fixed incomes so is the federal reserve audited well if you visit their website at www dot federal reserve dot gov on the very front page of the website and pretty big letters it says yes they do get audited accordin

channel stuffing written large oh and by the way i'll be talking tesla with justin underhill on today's daily duel so we're going to walk you through it all today so stay tuned for what's in your prime interest. i . we just celebrated us independent state so let's talk about central bank independence the fed just celebrated its one hundredth birthday it was set up to be a lender of last resort during financial panics over time congress gave it three mandates maximum employment price stability and moderate long term interest rates now you might be scratching your head and saying i thought there were only two but here's why the fed can sit considers stable prices and moderate long term interest rates to go hand in hand so they count these two mandates as one we're going to tell you why the fed is dead wrong about all of this on monday but today we're turning to austin peterson who is chief executive of stone gate l.l.c. and editor of the libertarian republic dot com we're going to talk about the jobs report and bubbles specifically how the fed both creates then deflates them austin thank

that the white house is going to have to address the issue i didn't know about this the fact that tesla can't actually directly sell its cars and most states you have to go through a dealer so this isn't states like virginia and texas and this actually reminded me of the fact that in new jersey you can't pump your own gas new jersey in or going to believe you can pump your own gas which is crazy to me but the argument why shouldn't these dealers be able to sell i'm sorry why shouldn't we be able to sell is ours however the argument is that the dealers you know this this creates more jobs it's good for the economy and other back to that but i'm indifferent to that if if tesla gets through and is able to directly sell their cars to customers then this opens the door for g.m. and all sorts of other places to go directly to their cars and that totally cut so i think it's you know. we should be able to directly sold its cars to the public too i mean the dealers are in a little bit of trouble because right now we don't really need all the salesman in them you can go on edmunds dot com and fin

what you would suspect or maybe you would then just underhill and i will do all over the automaker tesla and about the dreaded in combat. the civilized world produces more foods in. other countries. millions of victims every year. where a meal is the most of the treasure. is flood or droughts to blame. it was a bad year without a train. we couldn't see anything but that. there was great hunger. is a good help comes too late and with good intentions. charity diplomacy and business . do we speak your language doesn't imply they will not advance. news programs and documentaries in spanish matters to you breaking news a little tentative angles couldn't stories. so you hear. the choice altie spanish find out more visit eye to eye on t.v. dogs comb. it. because. they. are. with all this fed speak i'm going to dig into the fine print of a debatable issue at the fed that is fed audits if you're asking yourself why should i care about these issues you might be interested to know that the fed has total control of the fed's monetary policy that is the supply of the us dollar and since the fed's inc

. >>> the move is a big one for tesla.er sells cars without going through local dealerships. some call it the wave of the future. welcome. >> thank you. >> so what's the significance of this for tesla, and what might they try to do to change the old way of doing business? >> well, it's significant because it's so different than the traditional way of selling cars. that's the way it's been for 50 years here in the u.s. what's changed now is the tesla says they can sell direct. they want to be lie -- imagine amazon selling you a car. they have some stores but only 30, 35. you would actually bypass the dealers and that has dealers upset. >> there are laws protecting dealers, right? >> yes. in most states you can't bypass them. they're the guys with the little league teams, that can run a small town and keep legislators from letting people sell direct. it's different for them because they're more of a silicon valley model. they're making an electric car but they're also saying we can get the best technology from all sorts of p

what you would suspect or maybe you would then just underhill and i will do all over the automaker tesla and about the dreaded in combat. the civilized world produces more food than it needs. people die of hunger in other countries. millions of victims every year. where a meal is the most value trade. that. is flood or droughts to blame. it was a bad year without a trained we couldn't plods anything. there was great hunger. always a good help comes too late and without good intentions. charity diplomacy and business or no. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations are today. in the in. the in. the past. with the on the groom and. the the in . with all this fed speak i'm going to dig into the fine print of a debatable issue at the fed that is fed audits if you're asking yourself why should i care about these issues you might be interested to know that the fed has total control of the fed's monetary policy that is the supply of the us dollar and since the fed's inception and nineteen thirt

tesla stock hit an all-time high of nearly $125 yesterday.cle said last month that it was moving its stock listing to the new york stock exchange. silicon valley-based company is the world's best performing automotive stock this year. shares quickly jumped in march when tesla predicted that the model s sales would reach 21,000 units this year. >>> and yelp is expanding services and joining forces with eat 24 and delivery.com. consumers will now be able to order food for delivery or pick up on the yelp site. yelp has already partnered with open table to let users book reservations. >>> 4:55. coming up, huge flames shutting down a major freeway in the east bay. the crash that caused some big delays before sunrise coming your way. >> reporter: was it an equipment malfunction or pilot error? a lot of questions this morning about what exactly doomed asiana flight 214. we have a live report. ,,,,,,,,,,,,,,,,,, >> your realtime captioner: linda marie macdonald >>> a very long night for the prosecution, defense and jury in the george zimmerman trial.

can't fight the fed. >> tesla, mentioned it before.esla. >> so powerful. >> a nice boost with an upgrade to a buy. $160 price target process. >> you've got to have the stomach for this one. this stock has the characteristic of down 23%, up 74%. you've got to have a steel stomach. but deutsche bank is looking at this thing as more than a double in the next few years. i'm onboard. i'm waiting until the momentum is out of it. >>> coming up next, the next big meeting. the ten-year sits at 2.55%. talking about how portia doubled its sales to one specific group in the u.s. a look at who is driving those high-end sales a little later in the show. stay tuned. you're not just looking for a house. you're looking for a place for your life to happen. what makes the sleep what makes the sleep number store different? you walk into a conventional mattress store, it's really not about you. they say, "well, if you wanted a firm bed you can lie on one of those. we provide the exact individualization that your body needs. oh, yeah! once you experience it

all three tesla motor employees on board were killed. no one on the ground was hurt. this marks the fourth out of five lawsuits against tesla that have been settled. >>> time is 4:36. let's get a check with christina loren to find out what's happening outside. >> it's going to be a really comfortable afternoon. good morning laura and jon, of course to you at home. mondays can be tough. we want to make it easy for you, let you know what you have facing you once you head out the front door this morning. not much just yet. we have thick fog that we're expecting to develop in the next couple hours. significant drizzle as well. possibly measurable drizzle. it's going to be a murky day in san francisco. we're starting out in the upper 50s. temperatures today won't be able to climb all that much with limited sunshine, especially right at the immediate coast. highs are going to work out like this, with clearing expected not until 2:00 p.m. it's going to be kind of a gray day in san francisco. 58 degrees. that's it for you today. feeling more like fall than the last couple day

tesla just hit a 60-week high a few weeks ago. tesla is.accused of ray ozzie, james skininner, he is the ceo of mcdonald's, also the chairman of walgreen's, and robert bennett, former chair of liberty media. they bought the company for $11 billion only to realize they overpaid by 8 billion. if you google hp board and scandal, a google search, you get 212,000 results. >> do you really? that many. >> yeah. >>> rob mayeda in for christina. a lot of cloud cover out there. >> it's going to take time for these clouds to break through. 68 in oakland, 62 chilling degrees in san francisco. the next two days will be on the cool side. second half of the week, though, that's when the 90s come back as we approach. this is north 880. we have a little bit of slowing but all lanes clear, destruction on the shoulderer s though, since we're back home. 85, slow from 17 up to the lawrence destroy. also there is a crash right around that 17 interchange. again, out of lanes but a distraction. slows all the way to union city. that's the build beyond the san mateo

. >>> well, a major automaker wants to zap some of tesla's energy. bmw is rolling out its own electric car and the price may shock you. >> reporter: i'm ken bastida in downtown livermore where they are getting ready to host the world series -- world series in livermore. we'll have that story when we come back. >> it's not exactly the loch ness monster. still it's hard to explain, though. strange sight in san francisco bay. ,, toward peace tonight. they've accepted secretary state john kerry's invitatio break brea e >>> israeli and palestinian negotiators are taking a step toward peace tonight. they have accepted secretary of state john kerry's invitation to dinner. it's the first face-to-face meeting between israeli and palestinian officials in nearly three years. >> just the fact that the secretary of state can not only resume negotiations but sustain them, i think i might have something. >> the two sides are at odds over four major issues, including the building of israeli settlements and sharing the city of jerusalem. >>> a military judge expects

shares of tesla closed up to more than $143 a share. tesla will replace oracle. tesla stock price more than tripled since the first of the year. >> federal regulators took a step towards making eight of the u.s. banks meet a structer ratio of health applying to eight banks. if akopt cod take affect in 2018. eat groups are suing the department of agriculture to block implem taigs of a new meat labeling rule requiring meat labels to detail where animals farmed for meat was born, raised and slaughters. meat producers say that sun constitutional. if they can pull this off, it's something else. with k.a group of college students build a more efficient car? >> some students think they have. a driving force behind a project that could change >>> a job fair in contra costa county saw fewer visitors this year. employers trying to hire more than 400 positions. normally there is a line but today said it was easier to speak with employers and last month, us you companies reyaited nearly 200,000 jobs. >> tick el you we do 24 events a yeefr our employers telling us it's gettin

setting up a task force to look at impact tesla and the vehicle could have on the industry. tesla could be a big disruption and the vice chairman says hit is filled with big companies that ignored innovation. g.m. is learning from the past mistakes and especiallien with it underestimated japanese automakers in the 70's and 80's. >> the baby watch continues and this morning, a new report that today is the due date of the duchess. sources say today july 19 is the due date for the duchess. previously, the due date was widely thought to be july 13 lead many to believe she was late. but if today is her due date that raises the possibility that she could give birth as late as august 2nd which could be two weeks later. the baby was said to be due in "mid-july." i watched this breaking news at the jim "she's late." overdue! >> we will be cooking later on as we talk about our temperatures. >> we will look at that is going on, you need to have the sunscreen because it will be strong at 17 miles per hour, and a little bit of a breeze but it is not too strong so a lot sunshine is in sho

tesla is an unique car. it's an electric car. frankly, profit margin, too, is bigger if you sell directly. >>> coming up, the international manhunt for edward snowden is intensifying this morning. and there's a diplomatic snap f snafu. a president's plane forced to land. connected, some thing, to snowden. the drama that unfolds next. with the spark miles card from capital one, bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet? [ crows ] now where's the snooze button? [ crows ] mornings are apecial time for the two of you...) and you can make them even more speci

i drove a tesla. i loved it. went to bmw today, but it's a cold stock and because it's a cold stock, i cannot use the traditional metrics i like to use to be able to reward you with something on conviction. to fight people against the stock, that is just a crock, okay? i had to get that off my chest because i'm tired of hearing that. i hate that stock. it's just untrue. bobby in louisiana. >> hello, jim. >> how you doing? >> okay. what about dell and the buyout? >> what about dell? i think you should sell, sell, sell. why? because i view that there is because i view that there is very little upside and three or four points downside. that is not a situation i like. i'm trying to get everyone to ring the register at dell and move on to a company with actual upside. zach in california. >> hey, there, jim. boo-yah from southern california. >> nice. >> my question is about uncle medicine pharmaceuticals. yesterday it was down 32% since the recent ipo, but today, it rebounded up 8%. do you think it can keep going and m

shares of tesla closed up to more than $143 a share. tesla will replace oracle.la stock price more than tripled since the first of the year. >> federal regulators took a step towards making eight of the u.s. banks meet a structer ratio of health applying to eight banks. if akopt cod take affect in 2018. eat groups are suing the department of agriculture to block implem taigs of a new meat labeling rule requiring meat labels to detail where animals farmed for meat was born, raised and slaughters. meat producers say that sun constitutional. if they can pull this off, it's something else. with k.a group of college students build a more efficient car? >> some students think they have. a driving force behind a a driving force behind a project that could change i'm the world's worst cleaning lady. i'm here in your home, having a pretty spectacular tuesday. ♪ but i don't notice the loose rug at the top of your stairs. and that's about to become an issue for me. ♪ and if you got the wrong home insurance coverage, my medical bills could get expensive. so get allstate. [ d

the nasdaq adding tesla. it is replacing oracle. tesla shares have soared sword 260%. lori: the muslim brotherhood just rejected the new elections timetable. straight to fox conner powell who is live in cairo with the very latest. >> it is pleased with the overall direction of this military transitional government which has also laid out a transition plan to hand over power sometime in the near future. the interim president is calling for elections sometime in the next six months. the plan was immediately rejected by the muslim brotherhood which has called on its supporters to revolt against the military. critics are pointing out this current transitional plan is very similar to the one that was in place to .5 years ago. there are some concerns that this plan is not as effective as it could be. the anti-moores the coalition has also hit a few snags. we expect a new announcement here in a few hours. much of cairo remains under lockdown. many roads are closed for fear of further violence. there was a bomb found in view lori: thank you. adam: when is a cool not a clue? th

big move up by tesla.te, though watch out though because i was reading an article today, north carolina is trying to ban sales of tesla to protect the auto dealership network and new york state hinting around. something to keep around. >> maybe international growth will maybe up. lots of orders coming in from places like hong kong for the tesla and sirius xm radio >> another car story. satellite operator upping its subscribers and with all the new subscribers it added for the second quarter it's now above 25 million subs, can all listen to cnbc at the exact same time. a car sales story because when you buy a car it's got sirius. i'll never own a car if it doesn't have sirius, really a legal monopoly, the only one in that space. >> also yy which is under the radar, never heard of it. >> because because. >> why? >> chinese communication platform. think of sales for online ads for game development and banner ads, piper jaffrey upgrading it to a neutral or from a neutral. they site revenue drivers as well as i

. >>> tesla motors makes a new purchase. what the company may be planning to build in freemont. >>> tesla motors has just bought 35-acres of land near its factory in freemont. it includes an old test track that was once used by fm and toyota. >>> mark is here with sports. we're talking. go i guess what everyone wants to know, how is time r. woods. >> reporter: no, i don't want to know. tiger might win it, too, but they kind of watered down the green. here is your shot of the day. par 4. the guy hit a 405-yard drive to get there. a 100-foot putt. yes, it will reach. way out of the tournament as far as contention, but he had a happy moment there. how about phil, landing nicely in position to set himself up for a birdie. one over after two. four back, tiger at 18 to birdie out. even par. 71 for him today. two under total. still very much in it. the leader, let me give you a shot of him. you tell me if he looks nervous. 49-year-old miguel jimenez of spain. loose as they come. he will nail this putt. he is three under through two

tesla's allowed to lose a fortune. can lose anything you want in tesla and it's better because you have to stop bmw. >> have you seen the i3 today? >> i saw it. only goes 100 miles. >> you can buy a range extender for more money. i wonder how tesla will act today. bmw having done some work on them, work on this for a long time. it's a high priority. and they have global reach. >> they do. >> a lot of marketing muscle. >> tesla's only sold a couple cars in europe. i don't know. tesla deutsche bank, upgraded last week. tesla netflix, amazon, call it tan. >> the more money we lose, the more the stock goes up. netflix didn't lose money, to be fair. amazon unexpectedly -- >> amazon moving big into international is something people want. by the way, go back to the idea that they're hiring. it just makes you love them more. amazon! they're hiring. it's fabulous! right? >> best thing. >> the president's going there. >> yes. >> the new american company. >> bezos, the greatest -- the -- if there's anyone, heir to jobs. >> no dou

. >>> tesla motor if, the world's best performing automotive stock this year.ares quickly jumped in march when tesla predicted that the model-s sales would reach 21,000 units this year. >>> the asiana crash causing a frenzy among foreign journalist. the answers they hope to get, and the culture of shame that makes the tragedy so personal. look at 'em. living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. airlines president at s-f-o today. all of them.. anxiour answers. >>> a mob of reporters around the world greet

tesla will replace oracle.s now going to be listed on the new york stock exchange. >>> earlier we heard from our chief meteorologist bill martin who says that changes will be coming tomorrow. >> changes tomorrow, education -- especially in the inland bay valleys. most of the valley were in the 90s. 98 in fairfield, so livermore kind of standing alone with that big triple digit heat. temperatures tomorrow coming down. they're coming down because clouds along the coast will push them further. this is the current fog footprint. coming in a little closer. it will fill in again tonight. the fog filling in over south san francisco. you see it filling in over the san bruno park and pacifica. fog in pedro point pretty soon fog at stinson beach and sausalito and san francisco. as you go through the bay area microclimates tomorrow. 70s around the bay. mid-70s, upper 70s you will start seeing those 80s pop up in the eastern bay fringes. and you're into the mid-90s again. in the hot spots low 90s. if you go up toward modes

he gets around in a tesla. and if that's not enough technology he's wearing google glass but not just to wear, to control the car. >> the google glass makes life easier. i use it for navigation and phone calls. making the hands free experience better. >> reporter: and thanks to this entrepreneur there is an app for that. he knows not to drive and stare at his screen but if his app works out, using google glass to get around might make for a safer drive. >> you can keep your hands on the wheel and your head on the road and your eyes don't need to leave -- you don't need to look anywhere else. >> reporter: the idea of google glass for a tesla is a niche market within a niche market. but he says 300,000 people have already checked the glass tesla website curious how the future of driving might look. >> i think this is one of the first great examples of showcasing the abilities of wearab wearab wearable computing. >> reporter: a peek ahead. glassing while driving is not yet recommended it works on opening the car a