it is repackaged for the tesla.ouncement that he's going to make it a little strange because tesla already goes further than most electric cars. i and i think everyone else and very curious to see what he will say. cory: as it relates to our gun you guys have been trying to push much further than tesla. i wonder how you guys look at tesla. you say, why don't we get some duct tape and computer batteries and do what tesla is doing? george: the reason is that lithium ion batteries, which is what tesla and all the other manufacturers use, just does not have it in itself to go more than about 50%. real optimists would tell you a factor of 2, more than it does now. we are taking the next step right -- step. we want to get something that is a factor of 5 better. it's a bit of a gamble. it's very visionary, it's very aggressive. we think we can do it. we gave ourselves a rather short timescale. we said five years. that is the length of our contract with doe. the answer is out there. cory: i think it is fascinating. it's int

do what tesla is doing?ithium-ion batteries just don't have it in itself to go more than about 50% what it does now. we are taking the next step. we want to look beyond lithium-ion and get suffering -- get something that is a factor of five or better. it is very aspirational and aggressive. we think we can do it. we gave ourselves a short timescale. we set five years. it might take a bit longer. the answer is out there. cory: i think it is so fascinating, it's interesting how tesla has used the infrastructure of tax credit to fund their business and development. it may be one of the reasons they could not raise -- you look across the map of all the places where you can get tax credits for building the cars as long as they are selling cars in new jersey and new mexico and new york and a few other states, they are getting tax credits based on how many cars they produce to be sold in those states and those credits are available now and not later. is that something that factors into the economics of what you guy

i wonder how you look at tesla. did we just get some duct tape and some computer batteries and do what tesla is doing? guest: there is a very solid answer to that. lithium ion batteries, which is what tesla and other manufacturers use, just does not have it in itself to go more than 50%. real optimist will to you more than a factor of that is more two. than what it does now. it is theoretically -- not possible. we are taking the next step. we want to look beyond lithium ion and get something that is five better and that is something that lithium ion can't achieve. it's very aspirational. it's very visionary and aggressive. we think we can do it and the community will agree. we gave ourselves a short timescale. we said five years, that is the length of our contracts. it might take longer than five years. i think the answer is out there. cory: i don't want to get into the weeds with this. i think it is fascinating. but it's interesting how tesla has used the infrastructure of tax credits to fund the business and devel

i wonder how you look at tesla. why did we just get some duct tape and do what tesla is doing?: there is a very solid answer to that. lithium ion batteries just don't have in itself to go more than 50%. that is more than what it does now. it is not possible. we are taking the next step. we want to look beyond lithium ion and get something that is electrified better and that is something that lithium ion can't achieve. it's very aspirational. it's very visionary and aggressive. we think we can do it and the community will agree. we gave ourselves a short timescale. it might take longer than five years. i think the answer is out there. cory: i don't want to get into the weeds with this. it's interesting how tesla has used the infrastructure of tax credits to fund the business and development. maybe that's one of the reasons why they couldn't wait. if you look across the map of all the places you can get tax credits for building cars, as long as they are selling cars in a list of states, they are getting tax credits based on how the cars they produce to be sold in those states. is

georgia lawmakers trying to pull a plug allows tesla to sell directly to customers.t the next road to lead to court. >>> next the voice of the righteous. ♪ come by here, my lord ♪ >> and the call for justice. ♪ come by here, my lord, come by here ♪ >> family members in danger >> he was staring in space drugged out... >> from the very people you trust to care for them >> it's killing people.. >> america tonight uncovers the fda warning that's being ignored... >> these drugs are used for the convenience of overwhelmed staff >> the deadly nursing home shortcut you need to know about >> what about their rights? >> what really goes on when you're not there? america tonight exclusive investigation: drugging dementia only on al jazeera america >>> it's a power struggle between bosses and yub i don't knows with the american worker caught in the middle. i'm ask labor secretary tom perez what the decline of organized labor could do to your paycheck and job security. money." ♪

tesla -- if you think this market today was scary, you get out of tesla. because this stockstill has so much fluff, there is nothing underneath. and a lot of competition. >> still ahead, markets having a rough week but am ba relia saw big gains over the last five days. we'll tell you how to trade it after the break. >>> and the biggest movers and shakers as we head to break. take a look at the dow heat map. lots of red, as you can imagine, there. stay tuned. of active management. believe ir every day, our teams collaborate around the world, to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. if you want to succeed in business, mistakes are a luxury you can't afford. that's why i recommend fast, reliable comcast business internet. they know what businesses need. and there's a no-mistake guarantee. if you don't like it,

now tesla has won. yesterday christie signed a bill allowing the company to sell its cars to consumers in up to four locations. while musk was celebrating, new jersey car dealers were outraged with their trade association saying the tesla factory store model creates a monopoly and steers money and jobs out of new jersey and into silicon valley. joining me, diarmuid o'connell, tesla's vice president of business development. mr. o'connell, how did you get the job done? how did you win? >> well, you know, it's an interesting story, but i should probably add a little context here. you characterize this as a story of our survival. the truth is, that we've been largely successful in opening up stores around the country. the truth is, in most states, this is non-controversial. there's a small, maybe, handful of states where manufacturers are clearly prohibited from selling. and in a lot of those states, there are actions in the legislatures to open up those states, so that a manufacturer such as tesla, who's n

can we be in a world where tesla goes back. your price target is 275.d where oil is still $45 a barrel. the argument is people who buy teslas are not affected by the price of gas. the reality is, gas goes lower -- oil goes lower, tesla goes lower. >> the last two quarters have been messy so investors focus has come very near term. we get a clean quarter, people start moving out, start believing in the dream again, start looking at the five-year trajectory where they can 10x their revenues. they look at the giga factor. due online next month. i think that we need a clean quarter of that to get them out of the penalty box. >> speaking of a clean quarter then, have affluents come down enough? in addition to whatever demands may be out there amongst the analysts or investors, a strong dollar has also been an issue. on that last conference call they said fx is going to be a significant adverse factor for 2015. >> yes. >> since that conference call the euro is down another 7%. have the estimates come downie? >> yeah. we saw the estimates go from 2.25 to aroun

will there be a day where teslas are for-sale in all 50 states?rtainly that's our intent. >> reporter: tesla vp spoke to "america tonight." >> we have been mischaracterized in a lot of the media and some of the dealer associations as -- as trying to destroy the dealer system to eviscerate the dealer system and, you know, what i say, is look if the dealer system is that week in and of itself then it can't tolerate competition, then it is probably not as good as all of these dealers argue that it is. >> now fast forward. georgia lawmakers trying to pull a plug allows tesla to sell directly to customers. expect the next road to lead to court. >>> next the voice of the righteous. ♪ come by here my lord ♪ >> and the call for justice. ♪ come by here my lord come by here ♪ ♪ oh lord come by here ♪ ♪ >>> on this anniversary weekend, just a handful of names, selma, the edmund pettis bridge bloody sunday are enough to bring us back to those days of the civil rights movement. we look back tonight to mark the 50th anniversary of extraordinary courage shown by

david: i'm sure cheaper than a tesla. i know it is cheaper than a tesla. you very much, cheryl. braving the weather to do that piece. >>> speaking of cars, overall americans are driving more, specifically more than 3 trillion-miles last year. this is highest since 2007. and this is bullish news for auto parts retailers, looking for a way to make money on this? we have with us sterne agee. senior research there. good to see you, ali, thank you very much. let's get right to your top picks. advanced auto parts is your top pick. why? >> advanced auto parts is our top pick. actually leading way in consolidation of industry after acquiring general parts last year. we expect the acquisition to create tremendous shareholder value as company realizes cost and revenue synergies. trades discount to peer group average. we speak the valuation gap to close and as they digest acquisition and expand daily delivery to their stores. david: when i think auto parts, i think autozone. this is name you keep hearing again and again. analysts i know in the auto industry have been

i like this name. >> tesla bounces after thursday. still in the down trade.opportunity to get the t swizzle. >> there you go. >> we do this thing called bein the lead. killing it. we did a fedex one. go to the website check it out. fedex into earnings on wednesday. giddyup. >> thanks for watching. see you back here tomorrow. meantime "mad money" make you money. i'm here to level the playing field for all investors. there's always improvement somewhere. i promise to help you find it. "mad money" starts now! hey, i'm cramer. welcome to "mad money." other people are here to make friends, i'm here to make money. my job is not just to entertain you but teach you, to educate you and to coach you. so call me at 800-743-cnbc or tweet me at jimcramer. why does this market fail to discount all sorts of good news even whent

tesla has actually changed operations in china.y're actually having tesla employees go out to customer homes and help them install charging stations to actually make the whole process easier. so it's probably one of the easiest places to buy a tesla and have it charged. we have seen sales pick up slightly there. there is still work to do. but things are getting better. >> what kind of pickup are you talk somebody because elon musk, i mean, in the past, and granted this is in the past, he has talked about china as possibly rivalling the u.s. in terms of auto sales. this is a guy who really set the bar high in china a long time ago, and now has to dial back a lot. >> yeah, i would point to other markets where he did the same thing. in germany, for example, he went into germany and said he is going to take on bmw, audi and mercedes head-on. and we saw the first couple of quarters very flat there. so he made a big splash, and then they're going have to catch up to that. this is supposed to be a market that is the same size as the u.s.

a big victory for tesla.will be able to sell electric cars directly to consumers in new jersey. state automakers a block the deal. governor chris christie signed a deal that overhauled dealership laws. time is running out for you to get your march madness bracket done. i have the jayhawks. tom has the wildcats going all the way. 16 games. president obama has his bracket in. he is playing it safe with his picks. the president has picked only one national champion correctly since taking office. those are your top headlines. olivia: you can call it the dollar dent. oracle abercrombie are pinning their disappointing earnings on the dollar. omar aguilar is the chief investment officer at charles schwab. it falls on him to tell you how to allocate your cash. 16% is a lot better than the s&p. are we better than --in cash than the equity market? omar: that is a good question. you probably know what i picked for march madness. clearly the colors are beautiful. going back to that. the dollar today. everybody talks abou

tesla has skill and capital and the ability.ine: the vision is almost everyone, you need the sun first of all. matt: it is a bit of a misconception of refuting it is only viable in nevada or the middle east. some son all of the time just not a lot of sun. you can reduce your need to pull it from the grid than replace it. francine: we have no idea about cost? matt: no we don't. one of the big things elon musk has been trying to do, he is building a battery plant, to drive down the cost. that reads are quite expensive. the battery innovation has lacked and he is trying to change it. francine: what a great story. matt campbell. you can follow us on twitter. the twitter question is -- would you buy a battery that powers your home? you can follow guy and francine and matt campbell on twitter. she knows a lot about batteries. ♪ francine: welcome back to "the pulse." . today marks the deadline for countries to commit to becoming founding measures of the asian infrastructure investment brain. it may -- infrastructure investment bank. ja

georgia lawmakers trying to pull a plug allows tesla to sell directly to customers.t the next road to lead to court. >>> next the voice of the righteous. ♪ come by here, my lord ♪ >> and the call for justice. ♪ come by here, my lord, come by here ♪ ♪ >>> on this anniversary weekend, just a handful of names, selma, the edmund pettis bridge, bloody sunday are enough to bring us back to those days of the civil rights movement. we look back tonight to mark the 50th anniversary of extraordinary courage shown by ordinary people. ♪ come by here, my lord, come by here ♪ ♪ come by here, my lord, come by here ♪ >> you can never remember selma, and forget the bridge. ♪ oh, lord come by here ♪ >> here where the jefferson david highway leaves town is where the first steps in the fight against jim crow began. ♪ come by here, my lord, come by here ♪ >> and here, a local woman, barely known outside of her alabama hometown become the image of bloody sunday seen around the world. ♪ oh, lord, come by here ♪ >> said amelia is 103, but she clearly recalls the terror that day. as officers

perfect example is tesla. tesla was lent $500 billion i believe it was, and they paid it back, but the government got nothing in return -- neil: we're going to be getting to that on a separate level. steve, i'm beginning to wonder now, you know, normally when a company goes before shareholders, they have to bring numbers to the shareholders. they have to say, all right we've had this improvement our stock is doinget = this, ya da yada, yada. i don't know what anyone in the government brings back to their investors -- that would be us, the taxpayers. >> let me give you the perfect example. out in california they're building a $70 billion high rail, you know, system that virtually every story shows nobody's going to ride. now, i would say there's not a single company in america that would come within two miles of financing that but they have the deep pockets of california taxpayers on top of federal taxpayers and these kind of white elephant projects get funded. now, look, in the private sector some of those mov

let's see what tesla shares do today.nt up on monday after he tweeted out this conference call would be happening. back to you. >> phil, thanks. that kind of track record makes ef hutton jealous. >> pinterest and etsy the darlings but their user have to get their craft supplies somewhere. michaels's ceo, chuck ruben, arms dealer for crafters, joins us next. ♪ building aircraft, the likes of which the world has never seen. this is what we do. ♪ that's the value of performance. northrop grumman. now with the you can watch live tv anytime. it's never been easier with so many networks all in one place. get live tv whenever you want. the xfinity tv go app. now with live tv on the go. enjoy over wifi or on verizon wireless 4g lte. plus enjoy special savings when you purchase any new verizon wireless smartphone or tablet from comcast. visit comcast.com/wireless to learn more. >>> shares of arts and crafts retailer michaels down after the company reported better than expected fourth quarter earnings, but the outlook did fall shor

tesla is down 11% year to date.in, today was a big event of range anxiety, but we still have anxiety anxiety. the test at 52 week low at 177 is where it goes but long term elon musk is human, spot on, innovate innovator, the market will move higher buy it lower. >> you are sort of bearish, but a bull long term. >> you bought the ipo, cost base is different looking at this through a different spectrum but here we have this major announcement, and the stock is 5% on the week and it's giving back gains basically telling us you know maybe this is not such a big thing. we are seeing currency as bigger factor on the conference call. they said fx is a big factor fell euro dollar weakened don't we have head winds in the short term for the stock? >> i do think we have head winds, and i think that is why jeff's point is a good one. the stock has underperformed some of the other stocks. it is got oil going against it. currency is going against it. we got a little lull in the news flow. today was really not a big event. we've b

the issue is tesla and we're a large shareholder of tesla love the company think the batteries is theee apple doing is making an investment into the battery factory and helping tesla raise capital. this is a big thing because they need to spend billions more to advance the battery development in their factory. what apple wants to do is own every screen everywhere whether on a plane in your car, on your phone, watch, whatever, they want to own all the screens in your house, apple tv, for example, and the tesla has a beautiful screen just waiting for apple software and so i see a synergy here, i see an opportunity for a deal that i don't see it as an acquisition and apple will not be getting in to the car business, the margins are not close to their normal margins. >> you know what, ross, he could have said, we're not interested in buying a car company or he could have just said we're not going to do that. but i mean he was kind of coy about it saying i'm avoiding the question. i don't want to make too much of that but he's been more direct in the past when asked questions of that sort.

. >> major upgrade for tesla owners. why drivers don't have to wonder too far from a charging station. can't say thank you enough. you have made my life special by being apart of it. (everyone) cheers! glad you made it buddy. thanks for inviting me. thanks again my friends. for everything for all your help. through all life's milestones our trusted advisors are with you every step of the way. congratulations! thanks for helping me plan for my retirement. you should come celebrate with us. i'd be honored. plan for your goals with advisors you know and trust. so you can celebrate today and feel confident about tomorrow. chase. so you can. >>> tesla is back in the headlines tonight. the company said it is working on a self-driving car that won't ever run out of battery power. tesla's ceo also announced a few updates. first, telling drivers how many miles are left on the charge and how close they are to a charging station. this is to relief the anxiety of how long until the car's battery will die. also tesla is coming up wit

this tesla model, i think tesla's stalled, but when you say that people get all over you and say it's the tesla nondealership model, is that something that if you look five years in the future more and more are going to go like that or is that really just unto itself? >> that's unto itself. in fact i had the opportunities to listen to elan musk speak recently. he even suggested that their model in three to five years might include dealership distribution. you need the dealership for servicing the car. you really need it for touching and engaging with the consumer. we think it's a hybrid model going forward. there's a lot of online activity that happens, but also there's a very relevant position for the physical store to be part of the process. >> excellent. well, mark i think you've really straightened it out. i thought the acquisition was good. i don't know sometimes you just get bargains because people don't get it. mark o'neil, chairman and ceo of dealertrack. great to speak with you, sir. >> thanks, jim. nice to speak with you. >> i felt great that he confirmed the weather. he's d

. >> what is tesla up to tonight? ceo elon musk says he's about to >>> breaking news in dublin, four new homes under construction up in flames in the area of vinton avenue and kinsly street. christin ayers is there. >> reporter: four homes in this area in suburban dublin burned tonight. they were all under construction. luckily no one was hurt. a viewer slot this video earlier today. the -- shot this video earlier today. the entire structure is engulfed in flames shortly after this fire started at 9:00. the wind blew a few embers and started a few smaller fires that were quickly put out. the smoldering frames of the partially built homes, firefighters told us they had a tough time getting to the area because it's a new development. the streets aren't quite in the mapping yet. >> we had multiple calls for homes on fire in the area. we didn't know the actual location because it's a new development, unoccupied. so our crews had to navigate through the neighborhood to find the fire. when they arrived, they called for a se

as tesla voyeur only.k you, which metric is more important, the number of cars sold or a beat there versus skinnier margins? which would you -- which weighs more? >> i mean, i think long-term, volume is clearly an important metric to look at. in the memory, given, you know, more concerns around whether or not the company needs to raise additional capital and concerns on whether they can actually grow profitably, this is something that the market is increasingly looking at, just to get a sense of what the ultimate long-term opportunity is. and given that, we've given a bigger focus on that as we look at the stock performance for this year. >> andrew, going to leave it there. thanks for phoning in. do appreciate it. >> great, thank you. >> andrew fung. part of his call was the impact of fx, which has moved against tesla since that fourth quarter conference call. >> stock is off 35% from its high. and we've looked at a couple of things. karen brings up a good point. what's more important, margins or the total

tesla's ceo has a message for model s drivers he says. with the new software update, it will be impossible for a car to run out of a charge, released by accident. musk unveiled the software update earlier today. he says tesla will have charging stations in most of 50 states within the next year. elon musk: the charging network has grown dramatically over the past years to the point where virtually the entire u.s. and canadian population is in range, as well as northern and western europe. cory: he says the model x will hit the road this summer. will a software update suit fears with the car's battery konking out? joining me is a battery expert and author of a terrific book about the search and battle for a better battery. also, from new york, a senior analyst. peter, i know you are very bullish on the company. what was the best news for tesla out of today's press conference? guest: about managing expectations when the gen-3 product comes out. i don't think customers with a model s have range anxiety. this is about managing the inside part

the luxury tesla, they say the base price is $70,000. to sell a $30,000 car, what do they have to overcome technologically that they have not already? guest: i wanted to say something first. that was a follow-up to what mr. o'neill said. i got a different message from what elon said in his press conference because he stated that -- he said that 200 mile range is a passing grade for an electric car. he scorned the question regarded gm's plans for a 200 mile car. he said, if you have 200 miles, that's only a passing grade and the sweet spot the tesla shoots for is 250 to 350 miles. i saw that as a signal that the model three is going to shoot for longer range, it's going to try to get into the 250 to 300 mile range. cory: the cheaper version of the model s is the one that starts at 70 and change, has the 200 mile range. the more expensive version has a range closer to 280, they say. guest: yes. he went on to say that even if you do have 200 miles and you get that passing grade, it has to be a real 200 miles. it can't be that you have your

tesla selling at outrageous multiple. look at 400% growth rate next year that is great until you see it purts company at 254 times earning still. neil: wow maybe this is why people don't trust expert, coca-cola blasted for hiring nutritionists. >> i did not buy christmastime the commercial with snow man and sapa santa claus drinking coke, and i did not buy one about the kumbaya and singing through the field, drinking coke. neil: i am thinking, if we make the can smaller you could say it a nice snack. >> just two drops you will be in great shape this reminds me of old movie sleeper where everyone is eating chocolate cake and steaks, saying we used to think these things were bad for us, but now we know they are not. most is marketing whether supplement trying to do damage control on things like mcdonald's and coca-cola. neil: that is coke on-line one they want me to be a newertritionist. newertritionist. >> think this republicans lost their budget backbone? wait until you hear from viewers who think it is worse. some with a

we love tesla, as we mentioned.really like stratuses -- liz: oh, the competitor. >> yes. we love the space. prefer stratuses between the two, but we think people are underestimating how big this is going to become. we've had estimates double in the last year as these stocks have been imploding, so industry wide estimates have doubled as the stocks have come down. and mckenzie thinks this is not a $10 billion market, but perhaps a $400 billion market. stratuses is only a $3 billion cap. liz: that's what avi said, you've got to look way down the line for this. and again, a tesla story. you've got to have a little faith. great to see you, kathy, and what an important day for you to be here as we are hitting nasdaq 5,000. yeah, let me just -- oh, wouldn't you know, my computer's down. nasdaq, 5007. five minutes to go, yes, it's been 15 long years since we saw that number. can the nasdaq close above it? looks like it will now, but a lot could change. nasdaq not alone, the dow and the s&p 500 also on track. the bell rings

tesla shares under pressure. >> putting out a technical note earlier today that basically said teslaselling off support that it went to its moving average and kind of failed. technically the stock is also a concern. you probably realize melissa, that i think tesla delivered ten cars in china. sfw like this last month or last water. ten. >> right. i mean, there's some real doubts about that. >> that's not a lot. melissa, says thank you. >>> coming up should you get involved in a company that sells clothes to young people that are trying to be hip? trying. one analyst says it could be an opportunity. street talk coming up. >>> check out the stunning apple stats. apple brought in 74.6 billion in the first quarter. that, my friends, $829 million every day. in fact, more than $100,000 in sales for apple. just happened as i spoke those words. there's another $10,000. back after this. d ls and that was something that was kind of growing up culturally, it was quite unacceptable and she really dared to let me be different. [thunder and rain] [thunder and rain] [thunder and rain] there's somet

. >> a big win for tesla, the emergency golf has signed a measure to allow the direct sale of tesla and other cars in the state. new law comes a year after new jersey issued regulations requiring cars to be sold through dealerships and tesla markets the cars directly to consumers and the tesla c.e.o. protests the new jersey regulations last year, and we will require companies to sell director to consumers to have a service facility. >> if you own an electric car you could have another rebate coming your way with one time rebates to customers with electric vehicles. that will mean a lot of happy people in the bay area because me percent of the america's electric car sales are here in california. if the estate approves the rebate it could go out as soon as next year. the amount has yet-to-be-determined. another reason for us to be jealous. i am envious of their parking spaces right, in the parking lots, with the charger... >> now you get some money back. a if deal. a lot of people are looking at the miami live picture but people are jealous of our weather. >> 84 there but they have mo hum

ben & jerry's is taking the tesla across the country in the swirled climates tour. >> tesla is back in business in new jersey. tesla was forced to end sales banning a draw to same directly to consumers but a law was signed allow them to resume operations in the state. >>> and californias may get another rebate for electric cars. >> add to the fact many bay area companies offer free charging stations. it's like getting paid to drive. reporter david baker cover energy. pge is giving rebates for home owners who buy plug-in cars. how much? we don't know. add that to federal tax break, rebates. state breaks adding up to $10,000. speaking of big money, there are reports target is prepared to pay as much as $10,000 to people affected by the target credit card breach. before you put 10 k on your target card. that has not been approved. though that number comes right from court documents that's an astonishly high payment. we'll give that one a double-check tomorrow. you know what else is kind of fuzzy. the fed once again pushing rate hikes off. we know sooner rather than later it certainly affe

will he say anything about tesla's future? all the headlines as they cross. >>> plus he's only played for one season in the nfl, but a young star already calling it quits out of fear of developing a brain injury. could his decision become the nfl's next headache? if you're running a business legalzoom has your back. over the last 10 years we've helped one million business owners get started. visit legalzoom today for the legal help you need to start and run your business. legalzoom. legal help is here. now with the xfinity tv go app, you can watch live tv anytime. it's never been easier with so many networks all in one place. get live tv whenever you want. the xfinity tv go app. now with live tv on the go. enjoy over wifi or on verizon wireless 4g lte. plus enjoy special savings when you purchase any new verizon wireless smartphone or tablet from comcast. visit comcast.com/wireless to learn more. >>> hi everyone. i'm sue herrera. and here is your cnbc news update for this hour. the president is weighing in on the latest gop bu

i prefer them over tesla for the reasons tim talks about.s stock, the 200 day crossed about mid-january. ever since then, it's been downward. >> don't you like tesla too? >> i've been in tim's camp and pete's camp for awhile. we said it's going to test the levels we tested yesterday. so it's all about risk/reward. i think for the first time in awhile it set up well. this stock was up most of the day. gave up with the tape. against 175, 180, you can stay long the name. >> people also watching the china sales on tesla. >>> it is time for pops and drops. right now the big movers of the day. a pop for dr horton. >> upgraded today. we also had better than expected i guess housing sales. this is a name i would start taking off a third, third, a third as we start setting up. >> drop for intercept pharma. >> issuing out more shares. 2.2 million shares. and an insider last week selling 200,000 shars. i don't think you necessarily have to jump into this at any point in time. you've got to find names that fit whatever portfolio you are comfortable with

the stock does obviously no good for tesla or for me.om his perspective, the idea here that neither i nor the company are selling shares. even if i were i wound do this. it would be wrong. our long-term results are what matters. all of this stems from the tweet he sent out yesterday morning. this tweet says basically, look i'm going to have an announcement later this week. he says that on thursday there will be a press conference at 9:00 a.m. that's pacific time. during the press conference they'll be announcing an over-the-airsoftware update that will end range anxiety. that will be a good deal if they can make all model ss have much greater range than 285 miles, and it brings up the question, what is he tauing about on thursday? what kind of ota software update are we looking at? the current rairj is about 285 miles. most believe we're talk battery management software being the type of upgrade. they would do that over the air if they are successful. it would allow them to increase the battery energy output allow the drivers to use the

it is the tesla of the future for planes. i hate the idea of it taking 10 years longer to get to london. lisa: a study showed that pollution from planes kills more people than plane crashes, plane accidents, so this is a real concern, that the pollution is contributing to the deterioration of our environment. alix: thank you. that was really interesting. the google ventures president -- 500 years old. he makes a point that ray kurzweil is to help google understand a world in which machines surpassed human biology. i do not want to live to 500. lisa: what about social security entitlement programs? matt: i cannot wait. the guy looks literally like a 20-year-old. alix: they are also working on antiaging things, doing remarkable things in the life sciences world. it seems like this holster passing artificial intelligence aspect is cropping up in our daily lives now. what they are doing over there is really -- matt: "chappy" won the box office? alix: -- lisa: i grew up in a family of science fiction geeks, and this is the holy gr

number three, tesla.ut -- twe eting one of his solutions to one of the biggest problem, the range problem. you are always looking at the dashboard, wondering if you are running out of electricity. pimm: does it get 300 miles? betty: it does limit people like me who are extremely nervous -- [laughter] julie: matt miller says the same thing as pam, if you look at other electric cars, this range on the test law is extraordinary. -- tesla is extraordinary. pimm: clearly, you are their market, they have a solution for you. betty: i think the solution is to make charging stations as numerous as gas stations, and make it is quick to fill up. pimm: people with cords coming out of their business. betty: number two, ge announcing it will sell the australian and new zealand consumer lending operations. $6.3 billion. they have been reducing the company's dependence on ge capital since 2008 and 2009. pimm: this has been a major online. they are going to be a lot of history books written on not only how they unlock all

i know guys talked about 180 in tesla being the support area.nd then ripped tires as soon as he said that. i don't know if what it will be, maybe it will be the folding sunglasses like porsche had. the only reason you buy tesla at these valuations, you think they're going to revolutionize the american electric grid. other than that i think it's hart pressed to get the valuations for a car company. >> beaks just said it, it will trade down, it got down to 180 today. that's close enough for government work. just in terms of risk/reward i think it sets up really well. i like tesla against the last may low of 177. >> next, in a ground breaking move, mcdonald's is planning to test out all day breakfast in at least one u.s. market. stock popping about 1%. could more egg mcmuffins be the solution to lagging sales? now, guy, the market was up, the dow was up big. is the stock moving on that? >> no. no of course not. they're clutching at straws. look at the february comps they were an outright disaster. europe was better but the united states comps that

the tesla trades before that event. straight ahead on the half.ut 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 specialists today to get up and running. boy: once upon a time, there was a nice house that lived with a family. one day, it started to rain and rain. water got inside and ruined everybody's everythings. the house thought she let the family down. but the family just didn't think a flood could ever happen. the reality is, floods do happen. protect what matters. get flood insurance. visit floodsmart.gov/flood to learn more. >>> big news apple may be taking on tv looking to build a streaming service with a lot of the big networks. dominic chu has a look at all the players. a story that got a lot of people talking. >> because all the major averages for the stoc

tesla taking on range an decide. what the company can do today so you drive further. >>> taking a live look outside the weather as well. awaiting the sun's arrival. you won't have to wait for christina's report on the forecast. it's all coming up. 6:22. >>> a very good thursday morning to you. these are the sunrise pictures we used to have. >> disappointing. >> it's still pretty out there. there's a lot of ice on bay area's tesla hoping to put an end to range anxiety. the update will reportedly extend the range of the model s by improving how the cars recapture electricity while breaking. >> to t could speed up charging process. it with k now go miles before running out of leng trisity. >> move over ice cream trucks. here comes ice cream tesla. >> voila, we're in business. >> the world's famous ice cream brand, ben and jerry's converting a tesla into a serving station on wheels. ben & jerry's said the rest of the world owes it to the u.s. to bring awareness to climate change. >> this is what the company calls "save o

a brief rise in tesla stock obviously does no good to tesla or me. responding to criticism about taking to twitter to flag up an upcoming press conference on thursday. this is not the first time he tweeted about tesla's share price. on september 5th of 2015 they fell 33% after musk tweeted the stock price is kind of high. >>> uber's cfo is leaving the company. he joined the ride sharing service in september 2013 after it raised money at a valuation of $3 billion. a series of further fund-raising pushed that price tag to $40 billion. in an e-mail to employees he says he wants to spend more time with his family. former goldman vice president will be head of finance. >> apple is in talks to launch an online tv service this fall. nbc universal is not involved due to a fall out between apple and comcast. it's available across all devices that use ios. price service is 30 to $40 a month. shares of apple which have been under pressure as of late and as you can see in frankfurt, apple down .5%. in order for apple tv to be a success pricing will be key. wall

tesla model ss. we're used to cars that park themselves or cruise at a consistent highway speed, speed up slow down recognize traffic, go around curves drive themselves? the idea of there being auto pilot for a car where you don't have to drive and it takes you where you want to go. we're used to thinking that is like moon colonyiescolonies. cars where you hit a button that says auto pilot and it drives you home without you driving. you always have a sense that they're working on bits and pieces of that but it is aparently here done and ready to go. cars that already exist today, cars that lots of people already own, will suddenly develop the auto pilot feature in the next few weeks. people whoa have the tesla model s, they will get a software update for their existing cars some time this summer and it will include a little green button marked auto pilot where if you hit it the car will drive itself. it is here and ready to go. sometime in the next few weeks. and yes, there are definitely questions a