tesla was on the verge of financial disaster. had to invest it in tesla or it would die. >> it was on the brink of failure. they were discussing what was going to happen. elon says he will raise a $41 million round to keep the going. how is he going to do that? he says, i will put it all in myself. >> it catalyzed a change of opinion. >> he saved the company in its darkest hour with an act of heroism that is hard to describe. there's nothing quite like spending your last remaining dollar on a project you believe in. >> it was a good week, thankfully. it took its toll. i mentally burned out a few circuits. >> just as he put his last $40 million into tesla, he realized that he needed $20 million to save his rocket company, spacex. determined not to repeat past mistakes, he focused on bringing the family car to life. >> we need our own studio. >> his green agenda was a irresistable. there was a legendary figure in car design who had revolutionized the looks of bmw and mazda. >> had this vision to rid the world of fossil fuel. that w

he helped launch tesla with his own money.was the first auto industry start up in decades. it was the only one born in silicon valley. >> make a high-priced car at low-volume. that was the only thing that we could afford to do. step two is a medium-priced car at medium volumes. step three is a low-priced car at high volumes. >> tesla's plan was introduce a high-end, high-performance product. then they would make an affordable car. martin eberhard, tesla's co- founder and first ceo. >> we hope to change the way that people think about electric cars. we also know that if you start off by changing human nature, it doesn't work. let's build a car that people want to drive. let's build a car that's hot and desirable and beautiful. convince people that driving electric cars is not a compromise. >> this idea of putting it in a high-end car and breaking the mold of what an electric car was was exciting. it was no longer going to be a golf cart. this is going to be a ferrari. >> any cops watching? >> no. the coast is clear. >> when we

and tesla lower on the day as well.ow despite today's action, those names are still higher on the week. begging the question, have they topped out? and could they simply be the most ridiculous stocks of 2013? so let's get in the money and find out. mike, are investors waking up to reality? and which of these is the silliest stock you've seen? >> i don't know. i think maybe you have to sort of pick your own version of crazy when you look at any one of these three stocks. every single one of them has an interesting and exciting story. so tesla, building the best electric cars, 3-d printing a very exciting new technology. and twitter as the newcomer, after facebook, seems like the social media stock of the day. but every single one of these has an incredible valuation problem, looking at twitter first is the most expensive stock at a $40 billion valuation, a stock -- it's bigger than kraft. it's bigger than deere. that doesn't mean anything by itself, look at the kind of revenues these companies are doing. and it's incredi

plus, is tesla too hot? >> lord jesus, it's a fire. >> after a massive year tesla shares are feeling the heat on reports of another fire. is the stock about to go up in smoke? and talk about a crude shock -- >> no. i am your father. >> quietly oil has hit 100 bucks. we'll tell you how you can cash in on the move. the action starts now. live from nasdaq market site in new york city's times square. these are the traders here on the desk. busy expiration friday we start tonight with america's favorite tech stock, that is apple. pinned to the 55 level. a week that saw record highs for the market apple was a laggard. with the holiday season here, could this be the ultimate gift for your portfolio? let's gets in the money and find out. get to our resident tech guru. >> really? >> dan. that's all relative. >> you say that so quizzically. i take it as -- >> sorry. >> that could mean we are lewdites. >> now, when you think about this stock up 3% on the year. it's up 40% from the lows, look at that chart. traders i'm

. >> is tesla too hot. >> lord jesus it's a fire. >> tesla shares are feeling the heat and reports of another fire. is the stock about to go up in smoke? >>> and talk about a crude shock. >> no. i am your father. >> quietly oil has hit 100 bucks. we'll tell you how you can cash in on the move. the "action" starts right now. >> live from the nasdaq market site in new york's time square i'm melissa lee. we start tonight with america's favorite tech stock and that is apple. pen to the 55 level but on a week that saw new record highs apple was a laggard with the holiday season here could this be the ultimate gift for your portfolio? let's find out right now and get to our resident tech guru. >> really? >> that would be dan. all relative. >> i was going to say that so quizzically. >> sorry. >> that could just mean we're -- >> right. you said america's favorite tech stock and i would say it was in 2011 or 2012. >> perhaps one of the most hated. >> this stock is up 3% on the year but up 40% from the lows. when you look at that chart, traders i'm talking to see that as an epic double bottom t

tesla was the smallest one. face pook had stock specific news that will go into the index in a couple weeks, the twitter thing, you know, we'll talk about it, i think all of us are scratching our heads a little bit. don't know how you can gain $8 billion in market capital in a week with no real news. to me it speaks to maybe some chase for performance at the end of the year and the lead in the nasdaq and s&p, you saw some of these go berserk. >> do you think there's a squeeze going on. valuation, relatively high than what we thought it was going to be priced and it has gone to the upper right ever since. anybody thought the valuation before thought i can get in front of this. >> i think the interesting thing is the change for performance. last month we saw a bunch of people going to s&p options, they bought a porch of calls. because they needed rocket fuel. we saw early in the weeks that's not going to work out. so they are going in stocks. a lot we're going to talk about today, they can kind of push higher. tha

it's cool the tesla name has innovation itself. you think of the electric car, the name of tesla.you sort of diminish the value. then put on top of that, you have a ceo, that's a billionaire, basically, going to sell out his ego to a big player like gm. i doubt that happens. i probably think that they want to see this through. >> there's the take on gm versus anybody buying out tesla. thanks for that. up next, this chart is history in the making, because the consumer discretionary sector has beaten the market for the past six years in a row. which no sector has ever done before. we'll tell you why you shouldn't bet on seven for seven, that's when options action returns. [ male announcer ] at optionsxpress, our clients really appreciate our powerful, easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for you. just set your start and end price. and let it do its thing. wow, more fan mail. my uncle wanted to say thanks for idea hub. he loves how he can click on it and get specific actionable trade

. >>> tesla shares up more than four fold this year but that's not the only reason the ceo has been a different maker this year. we'll explain coming up. >>> finally tonight, we've been profiling some of the most influential people in business. one of the most visible is the billionaire inventor, elon musk. >> i want to be in the middle of the battle. >> reporter: he's challenging conventional wisdom showing the world cars can go electric. >> he's brought to the american consciousness, a thought that in fact electric vehicles can exist. >> not only exist but sell in big numbers. more than 20,000 this year. attracting buyers with unique styling and the allure of almost 300 miles on a single charge. >> in some respects, tesla is the equivalent of the moon shot where he's really, he and tesla are really pushing the paradigms of the industry in terms of how they retail the vehicle, how they develop the vehicle, and interestingly enough, the industry is learning lessons. >> reporter: critics say musk wouldn't turn a profit but tesla has by charging a premium. critics say you can't drive fa

tesla holds on to the valuation. >> i doubt any tesla investors, very few, at least, in tesla because they're looking at it purely as automobile stock and looking at it compared to gm or a ford or an audi or a volkswagen. >> that's a problem with it, frankly. it is an auto company. they need infrastructure in terms of dealership and service stations, despite the fact they say they're easy to service. so they need that. and guess what? they're overvalued on any metric. bmw put $35 billion into their manufacturing facilities over the last number of years. ha that dwarfs tesla's investment. you'll see cheaper, efficient cars copping out. we still don't know about tesla's potential recall because of the fires for the undercarriage. >> what do you like. >> holding, folding? >> i have to disagree with my friend mr. weiss there. a lot of strong momentum in the social media stocks, yelp, facebook, secular trend too strong in 2014. we're seeing a dip now. i think materials space looks very good. talked about on the show, my favorite pick next year fedex, that's the best way to play a global ec

netflix, amazon, tesla.hey've beaten back the bear case to become some of the market's most successful stocks. cramer thinks one social star may be ready to follow in their footsteps. find out which, next. >>> and later, star of the season? christmas spirit is no stranger to this miracle on 34th street, but does macy's have enough magic to shine brighter than its competitors this quarter? or will the holiday price wars rain on its parade? don't miss cramer's exclusive with the ceo of the world's largest department store. >>> plus, three of a kind? gambling is about more than just a casino. the slots, the computer screen, and now even your social network factor into gaming giant igt's revenue. will new jersey's newly approved online gambling industry prove lucky for its stock, or should you sit this game out? find out in cramer's exclusive. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmon

tesla going mainstream. of thousands of dollars to drive one of those vehicles. and a clean bill of health for

is tesla a buy? on the technicals, do you agree with morgan stanley, tesla's a buy?it all depends on what price you're starting from. >> at this price. >> right. you know -- >> don't be snarky, that's my job. >> i'm on fire in anticipation talking about tesla. there's my brian for you. the thing with analysts, be careful where they start from, right. he's had a 153 call on this prior to his call that this is going to be his top pick for 2014 in the auto sector. granted this guy will know more about the auto sector than i'll ever find out in my lifetime but he's way smarter than me but i will tell you this about analysts be careful about what they say. you have to know where they've been previously too get an understanding of what they're talking about now. that's what's going on with tesla. the price had fallen so far below his target price he kim out and said, you know, this is cheap compared to where i think it could go. it's up 14% or $17. happy days. but tesla has a problem, don't they? they mishandled the messaging on the fires on their cars and have ham handed

yet tesla defies the odds and the stock price continues to rise and now tesla is going into china.year ago we were talking about the end of electric cars. now you have people fearing the rise of electric technology. i drive a tesla. i am biased but i tell you i can't drive a regular car anymore. from an ipod to a cassette player. soon we will all be talking about electric car and wonder how we drove the old internal combustion vehicles. electric cars are happening and are here to stay. it will not be long before we start to grow exponential. if you are right. number three you say tech knowledge he revolutionizing health care. which has taken a long time. or is still some doubt about whether it is happening. >> we are pessimistic but my iphone has a heart monitor on it. i do ekgs all the time. i have other health care apps. when we need medical advice, we go online. a few years ago we could not have imagined being able to second-guess our doctor. now we go online and start reading about other people. we go on social media to share our pains. we are downloading apps. s, theyople have

>> we're taking on tesla. should just gm, tesla, ford, they all get together?e'll debate whether or not the big automakers should buy the company outright. that's up when we come back. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. (announcer) scottrade knows our and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. every weekend worked, every idea sold... ♪ ...you deserve a cadillac, the fastest growing full-line luxury brand in the united states. including the all new 2014 cadillac cts, motor trend's 2014 car of the year. get the best offers of the season on our award winnin

adam jonas loving tesla right now.re always looking for fund managers that aren't just matching the market, because then you're paying them fees, and you're not beating the market. we look for ones that are far outpacing the market, and this fund manager cannot be stopped. he's up 33% year to date. he's cracking up right now say ing, oh, stop, liz. the s&p 500 up 26%, he's also well outpacing it year-over-year. pat becker says the markets are in prime condition for you to catch in. it's all about -- cash in. he is becker capital management president and portfolio management. i've had more people say the market is now fairly valued or even getting a little expensive, you say there are certain pockets of undervalued names? >> it's a weird part of the cycle. normally at in this point with the rally you've had, consumer staples would be expensive -- or inexpensive, utilities would be inexpensive, but technology, for example, is 40% under its 15-year average for valuation. so an area where you thought should be expensive li

tesla's model s sedan sells for about $71,000 but the daily times reports tesla has plans for a new all electric car that would cost around $40,000. the unnamed model would be unveiled in late 2014. tesla says its suv which is called the model x will be released sometime late next year. >>> a south pay community group will be busy this morning handing out hundreds of holiday food boxes. every year sacred heart community service in san jose organizes a donation drive. each box has nonperishable foods as well as frozen turkeys for a holiday dinner. organizers say they still need more toys before christmas because this year there's a bigger demand than expected. >>> coming up in our 5:00 hour, pam we're continuing to follow that developing news in redwood city where smoky fire continues to burn at a metal recycling plant. we'll have a live report from the firefight, from the scene. >> also a surprising new development in oakland's efforts to save the a's. what the owner of the team is saying now. >> good morning, right now we're looking at highway 4, and it looks pretty good but find out w

tesla shares down about 6% today following reports of a fire-related -- and that's key -- to the teslae company released a statement yesterday that said, quote, based on our inspection of the site, the car and the log, we know that this was absolutely not the car, the battery or the charge electronics. apparently there was a fire in the wall socket where the model "s" was plugged in, but the car itself was not really part of the fire. now, this is the fourth report of a tesla-related fire, although i would even say it has nothing to do with the car itself. the stock is getting hit, though. we know that it's had trouble recently with these things. let's start talking numbers now on tesla. rich ross. we've got him and brian kelly. brian, i don't understand why we're even talking about tesla and this fire. it's a wall socket. i could have had a voellkswagenn the car. maybe it got too hot with the plug, but does this have any impact long term? >> i don't think so. it is on the market, but that's why it's a buying opportunity here. the guy plugged in too many christmas lights. he burnt out

after its review of tesla's troubled model s. shares of the electric car maker hit a rough patch beginning in october after three high profile fires led to a federal investigation. meantime... morgan stanley is eyeing tesla. the stock is number one on the bank's list of top rated u.s. auto stocks.shares closed at 144 dollars yesterday. new details are emerging following a train crash that killed four people in new york early this week. the train's conductor tells investigators he "lost focus" and went into highway hipnosis before the train jumped the tracks. an investigation by the national transportation safety board is underway. officials confirmed the train was speeding at 82 miles an hour in a 30 mile per hour zone. the investigation could take weeks or even months. now that healthcare dot gov can handle the traffic, president obama is launching a public information -- and relations -- blitz to promote participation in the health insurance exchanges. the president held an event at the white house yesterday in an effort to shi

elon musk is getting ready to sell tesla cars in china. it tesla has unveiled its chinese website and is inviting customers to put down deposits. cost $100,000 in the united states but it will cost $200,000 in china. the price of privacy is on our radar today. your face print could be a huge tool for marketing. there are companies drafting facial recognition code. the congress department will meet with companies in february. it's an interesting potential but also so many scenarios we have not thought about. >> apple has a patent for face recognition on phones. that got their thumbprint on the model 5s and they have the idea of scanning faces for security. tore are interesting ways employ this. >> it also is a privacy concern. >> it raises concerns. is looking at this. privacy is a big issue. >> it is, you mentioned the retailers will set at the table to come up with these voluntary standards but privacy groups will do this as well. the commerce department will bring together the retailers but alsoaclu and they will meet in february and the

tesla higher by more than 10%. ben, great to see you. >> thanks for having me. >> china has not figured out how to tax vehicles. is this really the market that has the potential that people want it to have? >> obviously china is going to be very strong. i think that we have a little bit more bumps in the road. it's probably noise but it will take a little bit. >> you made a great call. we do give you props. >> in terms of downgrading the tok, really close to the high. your price target is 20% higher. >> yes. >> at what point do you say this could be a great stock? given the upside that you see to your price target, within your coverage universe, are there any other stocks that have the same or greater return over the next 12 months? >> i think there are bumps in the road for tesla. i think we have seen lower lows than we saw. i would rather be in solar. i think it's going to be one of the strongest years we have had. people get caught up because of solar city. they have been up for a couple hundred percent for the

tesla refute the report. this fire comes after three car fires involving other tesla vehicles. tesla ceo, elon musk, has been vocal about these fires before. last month, he tweeted his frustrations, saying why does the tesla fire with no injury get more media headlines than 100,000 gas cars fires that happen and kill hundreds of people per year? the ntsb still investigating those other fires. last month, musk announced the company is giving the cars higher ground clearance to reduce the chances of under-body damage and change its warranty policy to cover fire damage. >>> home for the holidays, the first time since 2008, washington lawmakers will be in their home states during the holiday season, they can be anywhere they want n 2009 they spent christmas fighting over the president's health care plan n benn, it was the bush era tax cuts. 2011, the payroll tax holiday. and 2012, it was the fiscal cliff that kept everyone close to washington, d.c. by taking a break, they have put off some business, including the confirmation vote on janet yellen, slated to replace fed chief ben be

. >> involving the three product fires from tesla vehicles. has responded with information and german regulators have deemed no further steps necessary. so tesla at least getting a clearance if you will from german transportation safety authorities. >> thanks. germany was the market where tesla faced very stiff competition. the likes of bmw actually gaining share there. i have made money in it. >> the dough losing ground today as we enter one of the best months of the year. bob, always good to see you. >> are you going give me the whole chase for performance line? >> probably some of that will happen between now and the end of the year. let's hope both months live up to expectations. if investors are going in and they are looking for their catch up plays what would they be in your view? >> i think we will get modestly more economic and earnings growth both here in the u.s. and globally. >> all of the bubble talk. i don't think there is one. i think valuations were reasonable five years ago when the world almost came to an end. which you can se

shares of tesla rallying.uesday, which came after the affirmation of the top safety rating. tesla was recently under fire after the series of car fires. >>> this year, shipping was the grinch that stole christmas. thousands of people will get the christmas presents late. plus 2013 was not the best year for microsoft. steve ballmer said he would step down after decades of the company. demand from the new windows 8 operating system was weak at best. why are analysts still buying the stock? we'll ask one of them in a few minutes. >>> there's green beyond the mountains. starting january 1st, businesses in colorado will be able to sell marijuana legally over the counter to anyone aged 21. the editor of "high times" will join us. >>> it was a holiday shipping debacle. thousands of christmas presents will arrive late after a surge in orders overwhelmed u.p.s. and fedex. diana olick is live with more on that. good morning, diana. >> reporter: good morning. carl, it is a black eye for brown, an unexpected surge in web

i drive a tesla, so i'm biased, but i cannot drive a regular car anymore.like going back from an ipod to a cassette player, driving a regular car. soon we will all be talking about electric cars and wondering how we drove those old electric combustible vehicles. electric cars are happening. they are here to stay. -- wondering how we ever drove those old combustible vehicles. >> you say technology will revolutionize health care. there is still some doubt about whether that is even happening yet. >> again, we are pessimistic about it, but my iphone has a hot mom -- a heart monitor on it, so i do ekg's all the time. a few years ago, we could not have even imagined being able to second-guess our doctor. you would go to another doctor if you wanted a second opinion. now, we go online, we owe on social media to share our pains. we are downloading apps. many companies now have fitness contest that they have their employees compete with each other on how far they walked. the quantified self movement is gaining momentum, becoming part of our everyday lives. a lot mo

. >>> tesla has a new auto in the works, and the price could give you sticker shock, in a good way. >> and we can see the full moon out there tonight, but clouds roll back into the forecast. we'll tell you the chances of rain and when to expect it as the news continues here on the cw. >> later a california woman sets out to buy some holiday gifts and gets a surprise proposal instead. ,,,, a subaru... ...are the hands that do good things for the whole community: the environment, seniors, kids, and animals. that's why we created the share the love event. by the end of this year, the total donated by subaru could reach 35 million dollars. you get a great deal on a new subaru. we'll donate 250 dollars to a choice of charities that benefit your community. it feels good to be a helping hand. the halls of u-c berkeley m never sound the same. this magnificent organ is t newest addition ♪[ music ] >>> the halls of uc berkely may never sound the same. this magnificent organ is the newest addition to hertz hall. it replaces an electronic organ, and brings a much richer experience. >> it provides

a trademark dispute over the name tesla which means he can't use tesla as the domain name for the company'sin china. it turns out that a very smart chinese businessman has already registered the name tesla and has no intention of selling the rights to use it. so for now, he's ca is using another web address based on the chi news pronunciation of tesla, stock has done absolutely incredibly over the past year. we're only showing the intraday which is down about four and three-quarters, no surprise you see a pullback here, but trying to break into china without a name, at least at the moment. closing bell ringing in six moms. earlier this hour we bicycle the news that microsoft is charging a senior portfolio manager inside the company with insider trading. we're talking to a former federal prosecutor, doug burns, about this in the next hour. don't go away. and the markets, thereat at the moment. muck. ♪ -- flat at the moment. ♪ ♪ hi honey, did you get e toaster cozy? yep. got all the cozies. [ grandma ] with fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full.

tesla has sold 14,500 model s cars in north america this year.easingly is opening up service centers/showrooms like this. i get this question all the time. where do they sell the most teslas? california. the biggest market in the u.s. illinois and florida, new jersey, those are the other big markets for sales of the model s. now they have service centers or galleries in the united states, there are only three states that have banned sales, "the call," arizona, maryland. we should point out the ohio dealers have sued them to stop direct sales in ohio and look at shares of tesla again. sue, you mentioned earlier, shares are moving higher, finally back up over that 140 market that a lot of people have been watching. that's the story from here in hyland park. back to you. >> 2% gain today alone. it's been a volatile one. right now gold trying to rebound from earlier this week when it really took a drubing. it's up $10.30. colmax silver is down on the trading session. copper just a fractional move there. platinum is down just a tad. to the bond market

electric cars has the luxury tesla does.did but i'm talking about the ones in the running. >> you've got bmw you have to admit. audi has the etron i drove. i say impressive product. germans know how to come on strong. david: they do, they do. they know quality as well. jeff, lauren, great stuff guys. thank you very much. appreciate it. liz: cyber monday sales are in. the numbers may stun you. you may be really surprised to hear how much of shopping was actually done on tablets and cell phones. we've got the very latest numbers on that next. david: also president obama launching a pr offensive to try to win over sceptics and opponents of his health care overhaul and bump up his approval rates but will it work? let's go live to the white house right after a short break. ♪ as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. break my back around here. finally soone's recognizi

and tesla is working on a new cheaper can electric vehicle. >>> a fire that burned more more than twonths and burned 400 square miles near yosemite has officially been declared a disaster. that means federal funding will be available for repairs and reable. fee maldened governor brown's original disaster request in october saying the damage was not severe enough. damage from the fire now exceeds $54 million. >>> and new at 6:00, it's an early christmas present for hundreds of high school seniors who just found out they have been accepted to stanford. as the class of 2018. is the university e-mailed early acceptance letters to 748 students yesterday. the students who come from 48 states and 36 countries were selected from nearly 7,000 early admission candidates. the largest early application pool in the school's history. more than 30,000 students are expected to apply for stanford's regular admission by january 1st. >>> a new report says that tesla may unveil a new vehicle that's $10,000 less than the model s. the los angeles times is reporting that the $40,000 car could make sits offi

is credited with leading the electric car revolution.according to the magazine-- the tesla brand mayrger effect on the world than even apple. still ahead-- a big time investor is feeling energized about a natural gas stock.should you be too?find out next in chart talk. i'm going to pass chemistry, and i'll take it from there. i'm going to do what makes me happy. i'm going to work hard. be independent. live large. make the most of every opportunity. i knew i wanted to go to college. but figuring out how to pay for it? i didn't have a clue. the u.s. department of education has over $100 billion. and that's a lot of money. to help students pay for college. and the free application? you mean the fafsa. i did it online. it was easy. i'm never giving up on my goals. i will make a difference. i'm going to find out how to pay for college. i'm going to college.gov. affl and many actors have played the part of u.s. servicemen in the movies, but for veterans like james crosby their service and their sacrifice are real. and too often when they come home, their struggle continues. for over sixty

. >> engineers give a vote of confidence from tesla. we'll take a look coming up in business. >>> plus, stuck in a tight spot. what this dog was chasing down leading to his head getting stock market in a pipe. >> she had to be rescued by firefighters after she fell between two buildings and got stuck in an 18-inch wide space. take a look at last night's dramatic rescue all caught on camera. officials in orange county say the 28-year-old woman fell 29 feet between the two buildings. she told them she tried to jump one room to another. she didn't say why. she was seen speaking to the firefighters. firefighters did put her on a stretcher as she was lowered on to the ground. >>> another rescue to tell you about. a dog got his head stuck in a pipe while chasing a squirrel. the jack russell did not make it through the pipe. the squirrel did. the owners tried to free him using grease. they had to go to an animal hospital where the dog was sedated, and she had to surgically remove the pipe. >>> german safety officials have ruled the model s is

ford seeing a ratio of it-2--1 and tesla 1.3 to 1.is the most active call options were the march calls. trading around 80 cents. if you're buying those things you need to seat stock rise by march expiration but if you subscribe to was' valuation he's look at the stock well over 50. those people could see ten times their money. also interesting to me was tesla seeing a 140-strike call activity but those were sellers. seems to me that people looking at auto space are thinking when you can buy a stock like general motors with such a cheap valuation maybe you want to sell tesla at such a rich one. >> just curious, guy. tesla, movement interesting today. >> the momentum to me seems to be over so to trade the stock now it's a coin flip. >> to me in the autos, underperformance is interesting and lee or delphi, the best bets. >> thanks for the "options action." catch him weekdays at 5:30. >>> stronger than expected adp jobs report is pushing u.s. ten-year yields to their highest level in three months. contributor dennis gartman has been short

tesla.you really want to be taken into the real pool of scotch whiskey, this is it. >> i want to be in the real pool of scotch whiskey. >> i can take you there. >> fire them all. if you twerked the other day, you shouldn't work. if you twerk, you don't work. >> amen. >> a lot of people got fired after that. >> nice job. >> how do you feel about that? >> i feel great about it. you know, ho, ho, ho. >> grinch. >> go twerk. all right. first move for 2014 when we come right back. if yand you're talking toevere rheuyour rheumatologistike me, about trying or adding a biologic. this is humira, adalimumab. this is humira working to help relieve my pain. this is humira helping me through the twists and turns. this is humira helping to protect my joints from further damage. doctors have been prescribing humira for over ten years. humira works by targeting and helping to block a specific source of inflammation that contributes to ra symptoms. for many adults, humira is proven to help relieve pain and s

we want to bring in tesla.e president of regulatory affairs and associate general counsel, good to have you back. >> good to be here. >> how many of these fires can you fight individually across states? >> well, unfortunately, we've been fighting quite a number of these, and i find it very interesting that mr. dornin talked about compliance with the law, and that is exactly what we've done in every state that we have entered. state laws have allowed us, as a manufacturer that has never used a franchise dealer network, to come in and sell our cars directly. we don't cheat. we don't skirtd laws. we go to regulatory authorities, we applied for, and we received, a valid license. and we are doing business in full compliance with the ohio law. that's exactly what our modus onnperandi has been and continu to be. i find it interesting mr. dornin talked about changing the law, special interest. we just came off of a fight where dealers pushed through legislation, tried to push an amendment through legislation that would

tesla's ceo and pay pal is making headlines for another company they run. space x hopes to be the first private company to dock at the international space station. musk beat out jeff basos for the launch pad. >>> a 15-year-old behind the wheel and on the run from police. >> i just just boom, boom. >> why investigators say a carjacking and crash may be connected to others. >> and the flip side to the holiday party season. the ui checkpoints are going full steam. what to expect in the weeks ahead. >> a reminder you can get ktvu news to go. download the ktvu app, click the live icon and watch all of our newscasts live right on your mobile device. wouldn't it be nice if there was a wireless company that put you on their gift list? well say hello to aio! at aio wireless you can get an android smartphone free with activation. free android phone?!?! yes please. plus, aio has a reliable nationwide network and no annual contracts. it's like the presents just keep coming! a wireless company that puts me at the top of their list? i'm in! stop by your neighborhood aio

a fast snail. >> number one, tesla.k and keeping its five star safety rating for the 2014 model year. the national highway transportation organization affirmed the rating despite battery fires. we are all getting into the holiday spirit. nutcracker ofe the new york city ballet ringing the opening bell. joining us from chicago, alan market analyst for trading advantage. hard at work on christmas eve. the biggest question on investors' minds, whether institutional or retail, can we repeat the same games that we saw in 2013 next year? >> that would be a very high bar to set. higher, ande market very optimistic. i think it has been a tragedy that people have not believed in this year. this was the year where the contrary is -- you had inability to foresee that everybody is so negative. you saw the market rally. i am looking for 6.5% in near term. we still have more upside. as apple goes, people's fortunes will follow. we had a breakout, a $60 move. that is about 6.5% higher. >> it is a big market cap company and it has been

the biggest winner on the index is tesla.safety affirmation concerned with that five-star rating. apple is a stock everyone is talking about. it's one of the reasons we saw the nasdaq push high they are week. today it is taking a little bit of a breather. i want to quickly mention amazon, facebook and google, three stocks that have recently hit all-time highs, a lot of talk about how it's pushing higher. facebook taking a bit of a breather. >> and i want to mention a satellite technology company, calamp corp did come out and report earnings, it beat and could be what to expect in upcoming earnings. >> thank you, sheila. a lot of upbeat data this morning. for that we want to shift to bonds and the dollar and see how they're moving. rick, what are you seeing? >> what i'm saying is higher rates, definitely higher rates. let's look at the whole curve and why is this important? because the hammer and the sale. feds anchoring those short rates to the wall and they're promising to use bigger nails and make it mang there longer. but

. >>> shares of tesla surged higher. that's where we begin tonight's market focus. regulators reaffirmed the five-star safety rating of tesla's model "s" for 2014 despite recent incidents where three of those models caught fire after crashing. and those fires are still under investigation. tesla shares popped 5% to $151.25. >>> la quinta has confidentially filed for ipo. it's seeking to raise as much as $4.5 billion in the offering. the price and numbers of shares won't be known. shares of blackstone ended the day slightly higher to $31 and change. there are also reports out today that the carlisle group is close to pulling off a deal with johnson & johnson to buy j&j's blood unit. it's a transaction that could be worth about $4 billion. the health care giant has been looking to sell the division since it's a small player in a market led by big rivals like roche and siemen's. shares were up slightly to $92.06. >>> w.r. grace has finally reached an agreement with bank lenders. that was the only remaining appeal left in the company's bankruptcy settlement. the chemica

tesla's ceo and pay pal is making headlines for another company they run.pace x hopes to be the first private company to dock at the international space station. musk beat out jeff basos for the launch pad. >>> a 15-year-old behind the wheel and on the run from police. >> i just just boom, boom. >> why investigators say a carjacking and crash may be connected to others. >> and the flip side to the holiday party season. the ui checkpoints are going full steam. what to expect in the weeks ahead. >> a reminder you can get ktvu news to go. download the ktvu app, cli i love watching tv outside. and why can you move the tv out here? the wireless receiver. i got that when i switched to u-verse. but why? because it's so much better than cable. it's got more hd channels, more dvr space. yeah, but i mean, how did you know? i researched. no, i-i told you. no. yeah! no. the important part is that you're happy now. and i got you this visor. you made a visor! yes! that i'll never wear. ohh. [ male announcer ] get u-verse tv for just $19 a month for two years with qualify

. >> tesla.s jumping more than 6.5% after seeing the five-star safety rating for the model s sedan has been reaffirmed. people could not stop watching those fires on the internet. following the last economic data, homebuilders are rising after new home sales exceeded expectations in the month of november. a couple of individual names. all of them are up at least 1.5% -- d.r. horton and kb home. clearly a very big positive. >> all 11 homebuilders in the s and p are higher. you have every single one of them gaining. there is a durable goods report that came in better than expected for the month of october. -- november. >> long or wrong. we will be back talking netflix versus hbo when we come back. ♪ >> live from bloomberg headquarters, this is "market makers." with erik schatzker and stephanie roll. >> welcome back. when big media theme has been the rapid growth of netflix which started creating its own, very popular original programming and now is the biggest pay-tv service and the country. bingec

we will talk about his company's plan to offer tesla batteries to customers. plus the box office telling a different story than the stock market. hunger games catching fire cleaning up over the weekend but the stock has been falling. we have got the vice chair of lion's gate and he's next. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading. ♪ [ male announcer ] this december, experience the gift of true artistry and some of the best offers of the year at the lexus december to remember sales event. this is the pursuit of perfection. you can fill that box and

the stations charge the tesla cars only. minutes it charges them. >>> a bill has been introduced that will limit what the government can spend that hang on the official portraits. they can cost up to $45,000 a piece and the bill would limit it to $20,000. an earlier house bill would do away with funding for portraits all together. >>> hundreds of volunteers have plans to spruce up a school in just 48 hours. tough times get to the volunteer effort which kicked off the today. the materials and labor would supplied by the city and charity groups. it benefits the school and entire community. >> we do it for the community to come and use with lights, bleachers, it's just an awesome thing going on. >> about a thousand volunteers will be there tomorrow to help finish the make over. thank you for joining us. our coverage continues with the 10:00 o'clock news. we're always here for you at ktvu.com. >> bruce jenner is getting his adams apple shaved down. a lot of doctors say that's the first step typically in gender reassignment >> my

it costs $40,000 to reserve your tesla.ure that goes toward the total purchase price, however. $200,000 for a car. >> that is double what it is here. >> exactly, because of very high import terrace, as you might imagine. terrifs, as you might imagine. they expect to sell about 10,000 units in europe, and about 5000 in asia. but he said on the conference call that china is such a wild card that he doesn't know exactly what is going to happen there. it could be a much bigger number, but it is a steep price to pay. that is a monster number. the chinese have been resistant for a long time about letting non-chinese producers come in and support. they want to start their own businesses. >> that is right. and this was assembled almost completely in california. but a lot of the parts inside this tesla do come from different countries. the batteries, for example, are made by panasonic. a tonon musk has ordered of those batteries from panasonic. they have a massive contract for 10 times the amount of batteries he has already used. he