tesla has changed the dynamic. its success has shown silicon valley that the high barriers of entry may be not as high as people previously thought, so it opens up new doors. cory: thank you very much. for more context, we are really lucky. we've got one of the leading experts on the fight to build a better battery. steve levine has written this great book -- run out and buy it. i am so psyched to have you on today of all days. what does this mean? what is the advance from a123 -- it was backed by big federal government grants and president obama spoke at an a123 factory -- the company nearly went bankrupt and now they are back and suing? >> a123 in 2009 was the largest ipo of the year. it was the darling of the battery industry and it and it -- ended up failing in 2012 but it still has the technology. cory: it was the twitter of 2009. it was the hot ipo. >> there was a lot of buzz about it. it still has the stuff, it still has the battery it invented in the scientists who engineered it. that is the key there. it's

tesla's model 3 is probably two years out. we'll show you the police interceptor at the end of the hour, interesting times at the auto show. >> i would think, look what it's doing to gm stock, jeff. up about -- above 52-week high, so it's a $38.01 the high was $38.18 we're watching that closely. as you look at this stock, just know that toyota has huge market cap, one of the best selling stalwarts of all time, the toyota corolla gets a makeover. jeff flock coming back in just a minute to show you that, plus the new camry. toyota usa vice president and gm says you want to get these as hand-me-downs from parents or older sisters and brothers, right? who among us didn't get a corolla as a hand-me-down. from swearing to assurances things were not bad at all for his company. elon musk has an explanation for everything, musk was candid in telling investors about the fourth quarter. >> the biggest issue we're fighting to address that it is difficult to charge your car in china. this is false, it is not difficult to charge your car in

tesla, how much did it go up? >> exactly. >> it really is moving in this correlated dance right now, moving up, moving down. depends on do you feel fundamentally oil is going higher or lower? i'd rather just buy oil. >> when we're looking for guidance for deliveries, we're looking at like 55, 60,000 cars. which is crazy. that headline that they sold maybe 120,000 cars in china. so i expect, like these guys are saying, the stock is massively in a down trend. i think there is a good chance that you get this flush on some point. >> i just want to point out this is not what happens when tesla releases earnings. they don't normally come out during our show at 5:00. they normally come out earlier. so this, guy, is an interesting vacuum of information where they get the release and the conference call and elon musk comments don't happen until after the after hours session. >> there's no gun to your head that says you have to trade tesla. but if you want to, if you have the temerity to. >> nice word. >> pete's been talkin

and i would say further i do not think that tesla is turning a profit. remain very skeptical about tesla because they have no proprietary technology that can't be duplicated by dmw, mercedes-benz in another year general motors will be out with a lower priced 200 mile electric car, on which they'll also lose money. but there's nothing special about tesla except that they have a cool car which is bought by rich environmentalists on the west coast. >> guys, we've got to leave it there. th thanks for your time, bob and jamie. let's talk about this. it seems like two things we can talk about it, bob laying out a bear case or short case for tesla and who could apple disrupt in the dashboard. could that be a mobile eye, which has basically been flat since january. just been trading horribly. >> i would say for apple, if i'm a shareholder, i would welcome increased r & d. maybe it's car, maybe not. apple has two times the market cap of google, almost two and a half times the cash on their balance sheet and they spend less in r & d a year. i want to see apple spe

move tesla cars. >> he says tesla has had a great deal of trouble getting stores launched on the east coast. he says apple could use its cloud in a combined company to open up the east coast to tesla. >> might be time to buy tesla stock. >>> international bird rescue says they need more money to help the goo-covered birds that were all rescued in the bay. the nonprofit has paid the bill $150,000, but they are running out of money now to treat all the birds. more than 500 were coated in a substance. hundreds have died. federal labs say it's non- petroleum based fats or oils. authorities are trying to figure out where it came from. >>> the lawyer for suspended state senator leland yee is asking for more time before his federal corruption trial. yee was among several people arrested last march on racketeering, money laundering and weapons charges. he also faces charges for accepting bribes for political favors. his lawyer wants to push the trial back from early june to mid-august. >>> 4:56. talks will resume again today in hopes ending that labor dispute at west coast ports. major compan

guys at tesla -- >> not so much. >> not clear. >> on tesla, if tesla wasn't tesla, how bad would that where's delorian trading? they got plenty -- they have gold wing cars. i mean really. that was -- i don't even know. animal house. you just had "saturday night live." that call was a spoof of a call that will be done on the 40th anniversary. the funniest thing they do. >> all right, jim. >> and they have to -- there's expletives in both. live. live tv. >> they blame the weather and people going on vacation. >> it was a comedy. like something for everyone. funny thing happened on the way to the tesla forum. >> all right, jim. >> sonheim wrote that call. >>> when we come back a deal in the travel space. it is a big deal and an analyst who just got off that call with the ceos. both stocks indicated sharply higher. we'll be right back. and i get a lot in return with ink plus from chase. like 60,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can cho

tesla has poached a bunch of quality employees from apple and rumors apple is trying to do from teslaight now. is he trying to recruit people? saying we've got a lot of promise going forward, i'm excited about this and that's the mode he's in. >> cramer this morning basically called them delorean, right. fine car, people who drive it love it. doesn't mean they're necessarily going to grow the way they expect or i guess in de lor yan's case be around. today jpmorgan takes it to an underweight. their argument is, a, they have ambitious goals in terms of growth, but it's not like mercedes or bmw are standing still and they have dealerships you can test drive a car and walk away with one right away. >> absolutely. no question there's a demand issue here. even elon got close to saying i thunk demand is okay, if not, no worries i have a secret weapon. everyone has been concerned are they going to max out this market for all electric super high-end luxury and with oil prices cratering the other thing people aren't talking about. >> you don't think there's a tesla/gas price correlation. >> wi

if they have decided to use tesla's open patents, tesla would like them to join and believes they willn as elon said last night. we think it will validate the tesla model and we think they're going to end up going in that direction. >> kathie, thank you so much for coming on. >> thank you. >> and defending your position and also talking more about the stock. it's an interesting story today. we will follow it. you know we will. >> thanks so much. >> coming up, the $100 million man. yahoo!'s former interim ceo says jon stewart is worth every penny of that. ross levinsohn reveals his plan to get the comic to relaunch his show. up next, is cisco back with a vengeance? the ceo john chambers says so. do our traders agree? we will talk about that coming up. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our speci

in q3 of 2014 tesla made $76 million through the credits alone. it is a lot of money and has a big impact on the business model of these electric vehicles. >> how many electric cars that were sold last year what proportion are in california? >> if you look at california, the states that are following the mandate, almost all of them. it is hard to get really good numbers on where the cars are being sold. the california announcement, november of last year they ate together with partners, sold 250,000 electric vehicles. that was when the u.s. electric vehicle market was cumulatively sold them to 50,000 electric vehicles so it is not all of them but it was a lot of them. >> you can watch this and other programs on line at booktv.org. each month representative tom cole of oklahoma releases a reading list on his web site. here is a look at the congressman's recommended books which focus on the life of dwight eisenhower. representative coley was currently reading those aimed greed days by linda olson which looks at the internal debate over the u.s. invol

especially tesla. >> by coincidence the new dog is named tesla. that is a coincidence. we haven't talked about as low. do you want to say a word and then open of to the audience? >> she was until 2:00 in the morning last night. >> tell us about the impact of tesla. >> a lot of that -- tells what is an incredible company. it is the result of a set of technology that was the outgrowth from the 1990s, the individuals that elon musk bought the original technology for tesla motor co. had been engineer on the gm car they raced across the australian outback in the 1980s. tesla has really changed the game in terms of public perception of electric vehicles. people thought of them as golf carts. now you have these youtube videos where they put a tesla model-s sedan which is a fairly large sedan that can fit seven people against the supercars with eight cylinders and have them drive them and his lower leaves move in the dust at least for the first day of a mile because the accelerations phenomenal. that his been hugely important for shifting the perception. >> two questions before

but it is still a very small opportunity for tesla at the moment. building their sales network bid if you look at what the plan is, it does not mirror what other developers have done and you're absolutely right, china will be the largest electric vehicle market place by 2020. furthermore, what we have found from our automotive tracker is that it is actually leaped -- leapfrogging other countries. u.s. and japan for hybrids and china is going straight to electric vehicles. by focusing on a few cities and getting the customer value experience really perfect, tesla has the opportunity to have their customers seller cars more. in the united states, there is a really strong brand and not a strong brand in china. >> right. there is education that comes with it of the populace on these electric cars. but you have said, if tesla hits that 55,000 sales target for the year, which is what they are projecting, it will be a big deal. i will not say game changer, but it will change the story on tesla, which is a little bit more negative you can see right now, the

tesla wants to own everything.dealers, the manufacturing and, see, we see it as a conflict with the way they want to do business and the way chinese authorities if you will want them to do business. that could last for quite a while. >> you know, adam i have heard you use pushing the insane button and then i heard you use the words fundamentalism both of which to me highlight the enormous risk in this security. would you agree? >> yeah. >> there's reward with risk but you seem to be painting a very risky picture. >> yeah no question. we have valued the company at $280 target based on a protobmw making of fine automobiles making people like jim cramer really happy. there's a proof of concept of that and that justifies we think 280. we have optionality to them being a 10 or 20 bagger and an analogies to apple and the premium to the call option is days like today and wondering what the hell am i owning? again, when we see an industry we smell blood. the auto industry as it stands now is so ripe for disruption. not jus

. >> meanwhile, tesla is running out of juice. they hit hard the founder says his company still will be worth as much as apple, remember apple's worth $700 billion right now. he says that's what tesla will be worth in ten year's time. we're going to look at tesla and apple and figure out which you'd be better off owning for the next decade. >>> the government seizing the personal bank accounts of small business owners without justification or accountability. this didn't happen in venezuela or cuba or russia but right here in the united states. the irs is now facing increased outrage and scrutiny in washington and across america. we will speak with a business owner who nearly lost it all when the irs took it all without any good reason. you'll want to stick around and hear his story. >> joining us now, healther jones, jim lull and of course our own rick santelli. rob morgan let me start with you, we have a stealth rally, materials, energy stocks now, industrial's joining the party. what do you think is moving the markets right now?

now i've called tesla cold stock for ages. the definition of a cold stock is it can't be valued by traditional metrics. you had to believe the car will be better than any other car in the class and ceo would execute on the electric technology and allow this kplp to grow from the automobile start-up into the world's most lucrative manufacturing company. you know i believed. if you listened you should have made a lot of money. last night though must dash every aspect of that dream. tesla missed on sales, on earnings earnings, on gross margins. and on guidance. tesla may not burn fossil fuels but it is burning money like crazy. there is no way the balance sheet can support the amount of investment needed. gasoline is going down in price. but that is not why i think he deserves a position on the wall of shame. it's for himself what he said in the conference call. i'll let him hang himself. listen to this guy. first, why were sales weak? they were manufacturing problems that held the cars back and it was physically impossible due t

looking at tesla is a normal company could be a mistake.ight that like space travel itself -- rights that like space travel itself it appeals to a deep human need for adventure. the adventure might just cost you in the end. mark: ok. talk to me about the bullish argument here -- a man does not a problem? is that what they are saying? scarlet: bullish analysts will say demand is not the problem. people nichols has the product -- highest price. the pushback from other skeptics is the vehicles are not as compelling as might have been priced in. reservation payments are not the best gauge of demand because they are influenced by vehicle makes an is tradition. the issue, perhaps, is a lack of demand, and tesla appears to be pulling back on production according to bank of america. mark: i have to ask about the china reference. there was concern the chinese discharging might be -- that charging might be difficult and china. scarlet: yes, and that has led to a drop off. mark: thank you. get the latest headlines on bloomberg radio and streaming on y

tesla earnings after the bell. >> i can just picture bob trying to sit still. can see, obviously, the gs you're going under or the fraction of a g at least. thanks, phil. speaking of it tesla, according to elon musk, he's prepared to fire a lot of overseas executives after sales in china came in well below the company's expectations and nick, it does remain sort of a supply story, does it not? >> it remains a supply story but also remains a bit of a political story. there's a lot of -- they're having a lot of trouble over there partially because of supply. i think they, you know, there's a lot of people that have purchased -- i love how i call them devices -- purchased cars here and been having problems getting supply over there. also the politics of it where china doesn't want people buying cars made in america. and that's been pretty evident. they've -- there are tax cuts people get and incentives over there that they get for cars made in china but they don't necessarily get them for teslas built in america. >> there aren't enough charging stations either. th

move tesla cars. >> ender le says tesla has a great deal of trouble getting stores launched on the eastse its cloud and a combined company opening up the east coast to tesla. >>> the nonprofit group rescuing goo covered birds on san francisco bay needs help running out of money. international bird rescue says they have spend $150,000 to treat hundreds of birds more than 500 found coated in the substance and hundreds died. federal labs confirmed the goo is a mixture of nonpetroleum based fats or oils. the rescue group is accepting donations on their website. >>> the lawyer for leland yee is asking for more time before his federal corruption trial. he was among several people arrested last march on racketeering money laundering and weapons charges. yee also faces charges for accepting bribes for political favors. his lawyer wants to move the trial from june to august. >>> the teenager accused of robbing and raping a pizza delivery woman is set to appear in court today. coming up, why prosecutors believe they can prove he did female announcer: presidents' day is over, but the savings go on

>> and by coincidence his dog is named tesla. [laughter] we will have a few questions the open it to the audience. tell us of the impact of the testimony. >> a lot worse than the dog bark. [laughter] >> tesla is an incredible company. he is the result of a set of technologies which is the outgrowth bin to invent to race across fields trillion eight -- shot back. any changes the public perception. now they have you to the videos with the city and that sits 70 below capacity. with a super cars with eight cylinders it leaves them in the dust because the acceleration is phenomenal. that is hugely important just to shift the perception. >> as a big proponent. >> is only a small part of what we heard about. with the to address the question of the role of government that is a great question. that is the difference with his strategy and tactics. if we confront a lot of challenges. within touche to a catastrophic climate change but said he is said as the strategic guidepost so it is important to think of the strategic mind but in terms of

obviously we're bullish on tesla.d a target price of $320 but i think those kind of valuations are still quite a long road to travel. >> george let's dive into the results yesterday. so orders still good but deliveries were poor. >> yes deliveries came in lighter than expected. the company guided around 33,000 for the full year. but they were about 1400 light. the reason for that is tesla recently introduced the 85-d. it was a new model. there were modifications to other parts of the vehicle and that held up production. so the production wasn't done until the last day of the year and once you produce you then have to deliver. they weren't able to get the vehicles to their customers on time. >> how much of a head wind will china be? recent earnings suggest weakness so far. >> but i think to date china has been a relatively small market for tesla and probably through the course of 2015 it will take time for them to build up momentum there. longer term we think it's still a huge opportunity for them. clearly it's been a

>>> tonight on "fast money," excitement over the tesla model x sending stock higher.ate whether on buy the electric vehicle maker even as oil falls. look out mcdonald's, red rob ben is going to the front lines and investors are loving it.ben is going to the front lines and investors are loving it. and what if fast money were even faster? some cable networks are speeding up your favorite shows and you may not have noticed. we start off with tesla shares getting a boost today as excitement builds for the model x. check out it tesla versus oil. could we be seeing a decoupling? oil was country about 2%. if it launches in august and meets expectations, the stock could set new highs by the end of the year. >> and the way it's traded leads to you believe there is room for optimism. he's been steadfast, but -- >> steadfast bull. >> with that said, we thought it would trade did not own to 185. it got close. i think it trades right through. has it decoupled from oil? i don't know. but oil feels like it's stabilizing at these levels for the time being. you get stabilization in o

tesla numbers not out yet. second they come out -- >> michael i want to bring one thing to your attention the fact the fed has been talking about raising rates for years. the fact of the matter. they're not raising rates. they can't. global headwinds are too great. >> i agree they can't but they will give it one or two tries for sure. >> stocks will tell you when they do and they haven't done that. liz: guys. we've got to more. we have more to argue about coming up with our panel. can aol make it alone or do they need to, i'm not saying merge, partner to survive and with whom? pleus how do you play apple without buying apple? we're going to tell you coming up. stay tuned. david? david: a real rate fight going on. forget made in the usa, more companies turning overseas relying entirely on china. coming up we'll talk to the ceo of a toy company what is blocking him from producing his products here in the usa. >>> nbc suspending brian williams for six months without pay. the company still has to work hard to win v

now you're starting to see those prices be ultra competitive with tesla. >> it's not just oil tesla is being compared to. elon musk said tesla could grow as big as apple. take a listen. >> take this year's revenue, you know, around 6 billion or thereabouts and if we're able to maintain a 10% growth rate for ten years and achieve a 10% profitability number and have a 20 pe, our market cap would be basically the same as apple is today. >> that's quite a bold prediction from a guy who seems to talk -- >> i'm not sure that's a winning argument. seriously. how do you make that call. >> why would you want to make that call? >> that's a very good point. here's a guy that's done a lot of talking about his stock. >> i'm surprised. most people don't want to talk about their stock in that kind of way. that's some pretty gigantic numbers. the idea of 30% growth for ten years is, i mean, just very quickly it's doubling like 16 times whatever his revenue is now. more. more than that. that is -- i mean, could he be gm? could, but that's -- >> it would be -- >> that would be a long shot. >> it would b

was gm going to be able to match tesla? apple can. >> i don't trade stocks now, but when i did that for living i one time decided i've got to find some other crazy bet against something that's not going to work. there's got to be a publicly traded battery company that my firm is not already short. i did a search and found we're already short every single one and every single one worked out to be a pie in the sky promise or a stock fraud outright. is that the nature of this battery business? that it is a pie in the sky dream and it's going to limit -- we look at tesla's car sales you can see the limitations of the market. they're selling more cars than they ever have before but it's not a big number. and in a lot of markets it's already slowing down. i'm wondering if the better battery technology is never going to work out. like perpetual motion or something. >> batteries have been a special province of exaggerators and hucksters. this is the -- thomas edison said this back in the 1920's. 100 years later it's the same. in th

he's the ceo of spacex and tesla.e is a busy dude because spacex is set to launch its latest rocket in just a few moments. we will have that live for you in just a moment. tesla reporting earnings late and may be confusing earnings. we will talk about both of these stories in depth. as we get ready for the spacex thing -- i think it's going to happen any second -- i've read every tesla earnings that there was and this one was confusing and the market was confused when it came out. >> it was confusing in addition to it being a late release. elon musk said he wanted to delay the release to focus solely on spacex during the 6:00 hour. so here we are with the earnings release that hit later than everyone was expecting. for the most part, the numbers line.the headline number threw everyone off, the adjusted loss share of $.13. analysts predicted a profit for the quarter, so there was confusion and a little bit of shock and i think that's what's sending shares down post-market. next i want to jump down to cape canaveral and

or the tesla root off-the-shelf? >> is a business that has typically relied on outsourced component metrics. taking the best that other companies are making by panasonic or someone else, and assembling them in another way. they change it with their own chip design. are they going to go with her own design? >> the latter part we do not know, yes the signs are that they are trying to in-house create and design the battery. the car around it is very exciting. already, i have been looking at that race between tesla and general motors. at the inflection point, the proving ground -- that brings on the electric age. with apple coming in, this is critical mass -- gm and tesla apple can match them. >> i do not trade stocks now, but when i did -- i had to find another short bet. i did a search on the bloomberg terminal, is that the nature of the battery business? that it is going to limit. when you look at car sales, you can see the limitations of the market. it is not a big number, it is in a lot of markets -- i wonder, is it

tesla, cisco, whole foods, all of them coming out with earnings.ither use their products or own their stocks or both. the second these numbers come out, and tesla in particular, here's what they're looking for. you have to see more than 11,000 cars sold in q4 to make their number. we'll watch that closely to see how the stock will react. the stock has been a killer over the past couple of months. the president is expected to come out and make a formal statement about his request regarding military use and force against isis. the specifics of this are very important. what it does is it limits authority to about three years of involvement. it also says that it would allow ground operations in limited areas. in limited circumstances. things like rescues. and training of the peshmerga, fighters against the isis fighters. or perhaps the kurds. complaints on both sides. the republicans don't want the military's hands tied at all or the president's for that matter. no limitations, or else it's setting up the military to fail. here's the president coming o

. >>> tesla stock hit the brakes falling nearly 10%.l earnings this week prove investors wrong or it could miss the mark? we will debate the tesla torrey. >>> and it's not just for olympians, now anyone, including our own jeff flock can try luging. to test it out, we sent jeff to ride down the slippery track, he is so much braver than i. we'll go for the ride. do you want to pay for a ride like that? coming up. there's nothing more romantic than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pres

move tesla cars. >> how about that?rouble getting a foothold with stores on the east coast to sell their cars. he says apple could use its clout in a combined company to open up the east coast market to tesla. >>> some people in the sierra foothills are putting themselves in dangerous situations just to get photos of themselves on the internet. they are taking those photos high up on auburn's foresthill bridge. the catwalk is not safe and there's no way to survive at 730-foot drop into the american river canyon. >> i have seen people way out there. i personally never considered it. >> over the weekend placer county sheriff's deputies cited about 20 people for trespassing on the bridge. >> i watched this. i get the heebie-jeebies. that's scary stuff. >> i don't think it's worth it for a picture. >> throw it up on instagram and say "look at me." crazy. >>> segueing over to traffic now. >> thank you. >>> i'll take it away from here. we have just one accident just came in in mountain view northbound 85 at moffett. it may ca

it is a battle about tesla. over there, i'm sure it has a much different viewpoint. >> in terms of who apple's car might compete with, tesla would be a prime target. mitsubishi has an electric car general motors has one. bmw as well. apple would be targeting anybody who already has apple products. these guys have hard-core fans. apple people love their products . if that apple person is n is driving a mustang or some cheap compact car, they will look at this as in this comes out. >> do the carmakers in detroit look at apple as a serious competitor? >> probably morpheme you spent. -- probably more bemusement. on one hand, tesla has made it but a handful of electrical car startups have failed. there is a whole boot hill of companies that try to get into this. on the other hand, tesla didn't make it. -- did make it. they are watching this. they're wondering, ok, do they get this done? maybe we should start worrying at that point. >> we had an author on the show talking about the battle to create a better battery. a

the trade ahead of the numbers on tesla. >>> take a look at shares of apple or listen closely if you're on the radio. it hit another all-time high above $121 a share. that also means an all-time high market cap for a u.s. company and using the straight equity share number out there, apple's market cap hit $706 billion. by the way, not making comparison between the two, very different, but tim cook has now added more market cap to apple than steve jobs did. let's go to sue herera with developing news on the twitter hacks. what now, sue? >> the latest developments for you, here brian. apparently what happened this is per our partners at recode. the twitter pr rep jim prosser tells our partners that basically it appears that mr. noto clicked on a spam link and twitter's team figured that out. they've locked his account. things are back to normal. keep in mind within an eight-minute period of time 269 tweets were sent out under his handle, and at first they were not sure exactly what happened but now we know he clicked on a spam

general motors and tesla for different reasons.those stories let's get out to landon standing by at hq. >> let's get to gm. harry wilson says the auto maker hasn't done a good job delivering for shareholders. he was on president obama's task force that saw the bailout in 2009. he says gm is undervalued. earlier on tuesday gm disclosed a letter from wilson that says he plans to nominate himself to the board and push the company to buy back $8 billion in stock. they have been too low to make changes for products. he has teamed up with david tepper who together earn 2.1% stake. he stoke with mary bara last week about his plans and he says he doesn't think he was aware of the level of shareholder frustration. gm has plans to raise it's dividend by 20% which the board still needs to approve. gm has about $25 billion in cash. >> tesla ceo is threatening to fire overseas executives as weak sales in china cast down on his global expansion plans. he sold 120 cars in china last month well below the targets. he expects sales in china to rival

tesla earnings trouble in china for them. and finally walt mossberg takes a closer look at outlook for mobile. does microsoft have it right? we'll find out coming up on "squawk alley." . >>> let me take you to brussels this is the scene. i'm not sure that is brussels. that may be the ukraine. a little bit of confusion there. we are waiting the eurozone finance ministers meeting to start. that will be a major not potentially market moving event. the other event the discussions over russia one of the russians going into that meeting suggested that there was a 70% chan that there would be a solution from the russian talks with angela merkel as well. that ahead to watch for the markets. >> of course we're going to monitor all of the comments from the finance ministers leading up to a euro leaders meeting later in the week. it's a busy one. the dow down 70 points and we'll send it over to carl for "squawk alley." >> thanks a lot. 8:00 a.m. at apple headquarters in cupertino, california, 11:00 a.m. here on wall street. "squawk alle

melissa: speaking of energy, tesla continuing to slide. shares taking a hit after missing fourth quarter earnings. ceo elon musk is still optimistic saying automaker's market value will match apple's by 2015. that is very bold -- >> 2015 or -- melissa: sorry, 2025. thank you for catching that. i appreciate that. reporting a loss. looking ahead to the stats, they reported loss of 13 cents a share. folks were looking for a profit of 32 cents. the stock is tanking. what do you think of this one? >> that was a big hit. what is interesting he is doing so much right now where is his eye on the ball? he launched a rocket apparently come back to earth and make him tea. there is interesting question. when he has his focus on one game. investors are getting scared. tesla as great as it is, everyone talking about is still one car. what is coming after that? where are we with batteries? you can't drive from massachusetts to new york without four times to charge or two times to charge. where is infrastructure to support that. not coming as quick as peo

it's not tesla's managers in china. it's tesla's reson debt are a.n car for individuals. a car that would save you money because of sky-high gas prices. gas prices have collapsed. not rising any time soon. you might see a market for tesla not unlike segue. >> i think it was a status symbol. >> exactly. >> it still is. >> they don't save money. they still like it. i don't think that's changed. >> that goes for china and the broader market. tesla a luxury symbol. elon musk is a messenger of the future. we'll see after the bell. >> thanks to both of you guys. that's all we have for now. i hope you're making money today. we've been promising you this. aid rean will be here tomorrow. 2:00 p.m. eastern right here on money. (?) "countdown" with liz claman starts right now. liz: melissa, we're waiting on the president who is about to make a statement about asking for war abilities. at least military abilities to combat isis. we'll get to that when it happens. in the meantime, pepsi timewarner reporting earnings today. their stocks on the move. do you own the

watch out tesla apple is revving up the competition working on a new product that is said to give tesla plus, a hoot and a half. these two little guys strut their stuff in front of the camera. i love this. at the end of the day, it's all about money. and getting down. ♪ melissa: here's something i had to show you. i couldn't help myself. nothing to do with money. i love it none the less. these oils are conducting a mini dance-off. they love being in front of the camera. they start bopping their heads giving serious shoulder moves. i'm loving their attitude. i wish i had owls on my front lawn. okay, i'll let it go. the plot thickens. apple is working on something that will give tesla a run for its money. rumors are swirling. did you see this? it was a mysterious van registered to the company. it was strapped with cameras. it was cruising around california, just cruising around. joe is back along with fox reporter. what was that van doing? >> creepy stuff. creepy stuff around town. >> what do you think? >> very likely, there was a lot of mapping going on there. (?) a lot of the stuff on t

tesla being test driven. so plot thicken. we have pretty good pictures. >> so we know i drive you to work as i often do i'll probably be driving one of those tesla. >> let me sleep and not talk so much. >> i'm sorry. >> very helpful. >> zip it. >> few minutes of the precious time. i have a lot to talk about. but i understand. i understand. >> i hear you enough. >> you are not alone in asking me to be quiet. clay thompson did not go for 52 tonight against sacramento didn't have to. the warriors hit the kings with a 23 point knock out punch in the second quarter. who wants to try a new burger? that's good! it's really good. very juicy. that's melted garlic herb butter. it's original. i like soft buns. i would buy this. this is amazing! could this be from jack in the box? definitely not jack in the box no. i'm not a big fan of jack in the box burgers and... this is really good! thanks... i guess. that is my new buttery jack with garlic herb butter melted right on. you can go classic or bacon & swiss will they me

on the other hand, tesla did make it. you can't really dismiss a company with $170 billion in cash like apple does. there is bemusement, but they're also kind of wondering ok, do they get this done and if they do, maybe we should really start worrying at that point? cory: we had this author on the show yesterday, steve levine talking about the battle to create a better battery and the automaker's desire to create a better battery. there's a fascinating book with a surprisingly a lot of drama around it. one of the takeaways is a company like gm and ford and others in detroit are real technology companies that have spent a lot of time and money trying to invent better ways to make a battery, for example, can apple really compete with the kind of r&d that those guys have already gotten into in the materials science they have dug into for many years? david: they probably can't because they have the money to do it, and they have gone to a whole bunch of battery suppliers looking for the best chemistries. they're already using

this is a chart of tesla. are seeing the 200-day moving average, the purple line and 50-day average. as you see here tesla shares are well below both the 200 and 50-day moving average. we have the 50 day crossing below the 200 day, which in technical departments is called the death cross. not good news for shares of tesla. key level to watch here is 173 and change the recent 52 week low on the stock, but phil lebeau what's behind the stock? the talk was about a capital raise later on in the year and the fact the conference call was late. today is the day that investors are reacting to the news. >> and melissa, an unusual conference call. thought they were talking about, look, here's the challenges we ran into in the fourth quarter. this is why we did not meet delivery goals. this is why we earned 13 cents adjusted or lost 13 cents adjusted when the expectation was for a profit of 31 cents. and then they started talking about their hurdles for the future, but elan musk was surprisingly upbeat. in fact, the hurd

eugene asks is there a good way to play tesla earnings with options?et the chart action first. because past couple weeks have been pretty good for tesla. >> well, it's a very bad chart that's had a nice rebound, but the rebound leaves it something of a very difficult level. we would be short going into earnings. >> short into earnings. >> you know, we made one of the first trades of the year on this desk was a short tesla trade. when it got back to the down trend. what carter is saying, it was a really bad chart. it topped out in september. now it's been down 35%. it's kind of come back to the down trend. elon musk, the cat couldn't be out of the bag as far as chinese sales. that's one thing you have to be careful of. we have news of that. i'd look speculatively at the money, look at the weekly -- 200 is the target where you want to get back to. 180 was the kind of low from a few weeks ago. i would look at maybe like a 205, 180 put spread. >> quickly on tesla, are you constructive or not? with carter? >> yeah, i'm with carter on this one, i think. this

with the tesla p-85b it has an insane setting.is nothing more than this guy on the right-hand side using the launch control on his tesla. >> put it in sport mode. >> look at it go! >> i love that he doesn't do any kind of like three, two, one. he doesn't prep. he's just like whack. this thing goes 155 miles an hour in 3.2 seconds. it's got two motors one in the front, one in the back and they split all the power so all of it goes to all of the wheels at the same t. >> what the [ bleep ]! >> 70 miles an hour. >> oh, [ bleep ]! first of all you can't [ bleep ] do that to people. you have to give fair warning. >> you can see the joy, especially with this guy, got a bit of a scowl. watch how his face changes. >> it's like his face is being pushed. >> you couldn't not smile. >> the best one to me is this one with the two young kids in the back. what is the young girl doing? texting on her phone. watch what happens >> yes! >> everyone parent who has a kid that won't get off the phone -- >> that's how you appeal to them. >> if you had so

. >>> tesla in trouble? january sales numbers are in. iran musk was threatening to take action because the numbers were so slow. one guest says the bottom is still not in. let's start with apple's historic day. courtney reagan has the latest. >> that's right, melissa. less than an hour ago, tim cook wrapping up the lunch keynote here at the goldman sachs technology conference. there was a lot of headlines that came out. i want to start with one moving the stock beyond just apple. tim cook announcing a partnership with first solar to build a solar farm in monterey, california, not far from here. apple will also be directing some of their energy needs from this solar farm. when it comes to cash, tim cook says the cash we don't need, we want to give back. we're not hoarders of cash. we've done dividends and buybacks and we're currently thinking about it. listen on the april earnings call for the next announcement. when it comes to apple pay, it's going much faster and better than he would have thought. if we would have told him launching in

tesla storage could move apple products. >> he says tesla has had a greet deal of trouble getting stores launch on the east coast. he said apple could help that out and open up the east coast. >>> getting around on foot in san francisco's china town has a always been a challenge because the sidewalks are always so packs with people. it's even more crowded this time of year as the lunar new year approaches. new at 6:00, mike with a plan to do something about that. mike? >> well, i'm standing in the streets, that's okay. i will tell you why in a second. this part of the bay area is different than any other sites the sounds, the smells. especially the crowd as well and especially during the middle of the day. now there is a plan to do something about it because this part of the bay area is combursing at the seems. -- bursting at the seams. there are more crowded sidewalks in the united states than these here. well actually just the ones in manhattan. other than that, these are the most crowded sidewalks anywhere in the united states. >> this time of year when people are out in force shoppin