tesla has never turned toa from london. tesla has never turned to a profit.d to change when the company reports earnings today. historically, that has not stopped investors from pouring billions into the company. why is that mostly belief in elon musk. the electric car maker tesla has a lot of true believers. but even among them, jen stands out. after encountering the model s at a whiskey show, she and her husband fell in love with it. i wanted to get all of them. it was a long wait on the list to be nearly two years. anyone who knows me knows i would have waited ten years for this. very few companies have such loyalty. 0ne of the biggest strengths of tesla is changing enthusiasm into cash. that has attracted investors eager to be pa rt has attracted investors eager to be part of the next big tech win. but the problem for tesla is it is also a car company, the problem for tesla is it is also a carcompany, and the problem for tesla is it is also a car company, and they need a lot of cash. even though tesla has nearly $851; million in customer deposits and bill

tesla is the most bet against.eet and it is unlikely that this earning support will help the company removed that dubious honour. —— bet against stock on wall street. amanda stretton is a racing driver and motoring journalist. she's currently the motoring editor at the website confused.com. thank you for being on. elon musk, tesla, it is a disruptor, it does not do things in the normal way in the car industry but is trying to mass market now and that is proving difficult. that's right, yeah. i think for many years, tesla, it was niche, they had a really low volume and they were creating a niche, dynamic, high—value product with the model s. they are now trying to scale up and facing the that conventional manufacturers have had when they face these problems of scale. i like to think of them as a sort of battleground between a hardware, traditional automotive company and a software, tech company, who can move very quickly and be very agile. one of the things we found just amazing to watch was the magic of elon musk,

betty: in elon musk says tesla should

emily: tesla shares down slightly at the moment.dbits of information are you hoping to get on the call? i know there is some excitement some teasing on a new model for an suv, and automation. david: details on production and where they really are. look at question by analysts on the call. emily: elon just said he is excited talking about this rapid increase in production that he has planned. david: maybe he has good news on the call. one interesting thing is he said capex will be coming down. are they ratcheting back on the timeframe for model y and the semi trucks they promised in the past? if you what those vehicles out you need to spend on r&d and do some engineering spending and getting things in place to get those vehicles out. if you are still trying to get to 5000 units and eventually 10,000 units, yet to spend -- you have to spend capital to get those lines up and running. maybe we'll get more detail on that and how quickly it will get there. emily: elon musk continues to talk on the call saying they are improving production

tesla's stock is doing very well.what are some other possible reasons to explain why tesla has not gone the way of tucker and delorean? at least not yet. any other ideas? what about the nature of the car? what powers tesla? gasoline, diesel? ryan? ryan: it is an electric car, that makes it much different, and in a way, more appealing to consumers with a taste for the future who want something different, not just gasoline vehicles for the last century, what we have been using. >> yeah, excellent very -- excellent. elon musk and tesla have entered a market where essentially was almost a blank slate. the other automobile makers are still dependent on internal combustion engines. four people in the u.s. and worldwide who are more conscious about the environmental impact of automobiles, an electric car is appealing. it promises perhaps the end of the internal combustion engine, and less of a carbon footprint, less smog and global warming perhaps. there is a reason to buy the tesla as opposed to other cars that consumers mi

he filed a lawsuit against tesla today. >> the more i was looking at the tesla plant, the more i saw the elect trickles and attics words. i was on fire 20 feet away. it was scary. >> 11 months later, he is still covered head to toe. last june flames and electricity surged to his body at the tesla factory leaving him that with burns. >> my whole car was gone. >> he was installing what is called a bus plug when the electrical explosion happened. since then, he was a contractor and they did not see tesla at fault in this case. >> a request has been made to tesla to the energized the plug and they did not want to slow down speeds. >> according to tesla, he was not authorized to work there. over the past year tesla has been known to ramp up production especially with the model three release. >> do you think tesla prioritizes production over safety? >> no, it does not look like there was a good reason for tesla to provide safer equipment. >> they looked up safe -- on faith work conditions and they were 33 safety violations at the fremont factory. >> can what happened to you happen to someo

the driver of the tesla walked away with minor injuries. but back in march, an apple engineer was killed when his model s crashed into a barrier on 101 in mountain view. in utah another crash involving a tesla on autopilot. that woman was looking at her phone. the company said: it doesn't make the car impervious to all accidents. federal investigators are looking into that crash in mountain view. it's unclear if the ftc or the dmv will take up the complaints but later on today in los angeles there will be a press conference to announce that they are filing a complaint with the dmv. reporting here in fremont, i'm jessica flores, kpix 5 . >>> presidentrumhit in nashvill yesterday and touched on a few hot button issues and blamed democrats for immigration problems in the state. kpix 5's jackie ward joins us now with new details on the president's statements. >> reporter: we're focusing on the november midterm elections already. >>> reporter: president trump was campaigning for republican congresswoman marsha blackburn who is facing a democrat

and tesla refused that request.'s refusal was based on not wanting to slow down production. >> reporter: according to osha the employee was not supervised to work independently. over the past year tesla has been known to ramp up production. >> reporter: do think that tesla prioritizes production over safety ? >> it doesn't look like tesla had a good reason to deenergize. there's not a good reason to provide safer equipment. >> reporter: since 2010 osha inspectors recorded 33 safety violations at the fremont factory. >> reporter: what happened you, cannot happen to someone else ? >> of course. >> reporter: in a statement tesla said that they conducted a thorough investigation discovered that the contractor had not followed proper safety protocols and regulations. that they weren't using electrical safety verification, including safety locks. which would've prevented this accident from occurring. they said that they removed the contractor from the factory following this incident. >> i was very happy to see my family.

we start with electric car—maker tesla.icles may not burn any fuel, but the company is burning through cash at an alarming rate — $6,500 dollars a minute according to bloomberg. that's starting to try the patience of loyal investors. on wednesday, elon musk, its chief executive, promised that the firm will finally be profitable in the second half of this year, despite another quarter of huge losses. tesla lost almost $710 million between january and march this year. that was its worst—ever quarterly loss and well over twice as much as this time last year. tesla has been pouring money into the model 3 — its first truly mass—market car. that is paying off — total car production is up 40% this year. but tesla still has hundreds of thousands of customers waiting. thank you. alex willard is from the vehicle technology firm tantalum corporation and hejoins me now. you have been looking at tesla's numbers, talking to me earlier about the interesting conference call with a nalysts, the interesting conference call with analysts, giv

to have ace -- i won't tesla to have -- want tesla do have -- tesla to have a safer work factory. tesla said they reduced their injury rate last year by more than 20%. >> how is he doing? >> he had to have multiple skin grafts on his whole body. what you are seeing is compression clause to keep the skin in. everyday is painful and he has to just move to keep mobility. for him, life will never be the same. >> so right now, everything is just tied up in legal and lawsuits. both of them are pointing the finger at each other. >> reporter: that is going to be worked out in court about who was responsible for the safety of mister nguyen . this victim set it was tesla because it was tesla equipment, but again, we will find out as this lawsuit moves forward. >> if you have a tip for our 2 investigates team, contact us by calling the phone number on the screen. >>> the highway patrol was investigating a crash that took the life of an engineer from danville. a dive team found the body of 34-year-old keith leung inside of his tesla model s. he was reported missing by his family on friday and

all of these things combined will lead tesla to file.ting against tesla than any other us stock. shares have plummeted nearly a quarter since september. but hasler founder elon musk, has lashed out at those who raised concerns, reiterating that the company will be profitable later this year. the question is, can tesla accelerate its profits as fast as its cars? let's quickly show you financial markets. as we saw earlier, all of the markets in asia are lower and all of the markets are open for the first time this week, all eyes on the federal reserve as it wraps up its two—day meeting. that is your business briefing. doctors in scotla nd business briefing. doctors in scotland have made history after, —— carrying out a conflict headed operation. noah connell from glasgow has a rare condition which could have stopped him from breeding. the operation involved inserted metal plates and tens into his face. —— pins. noah will celebrate his first birthday on saturday. he was born with a rare genetic condition that means he has trouble feeding an

anyone you speak to says tesla, who is in favor of the tesla story, tesla is ahead of the electric vehicle game. it's making vehicles that people want to buy. from a technological point of view, it has the software down the driverless cars and the rest of it. that's the story over the long-term. that's the promise of this company. the question is whether elon musk can execute on that the expectations are so high for this company perhaps more than any technology company right now. the expectations of a future growth story here are so high that there's huge room for disappointment >> it's a very interesting point that you raise about the production targets also his own salary and his own remuneration is closely linked to how much they end up producing, the market cap of the company and he's shooting himself in the foot by lashing out at analysts. what next? what will be the next hurdle for people who are involved in this stock to overcome? when will we get the next update on production? will they release numbers on a monthly basis going forward to get more realtime information or do we have

two groups are filing complaints against tesla because they say tesla is falsely advertising its autopilot feature making it seem as though the autopilot feature is actually safer than it is. they have filed a complaint with the ftc now going for the dmv. they want the dmv to investigate tesla over its autopilot feature. the complaint says that statement in marketing material and even from ceo elon musk make it appear as if the vehicles are capable of self-driving. now, tesla manuals say that drivers must keep their hands on the wheels and maintain control of the car even in autopilot mode. this complaint comes as tesla has been under scrutiny following a series of autopilot cracks. the latest in laguna beach where a model s ran into a police officer's car that was parked. the officer was not inside at the time. the driver of the tesla walked away with minor injuries. in march an apple engineer was killed when his model s crashed into a barrier on 101 in mountain view. the company had this to say: "tesla has always been clear that autopilot doesn't make the car impervious to all accidents.

>> i was i had a tesla. -- wish i had a tesla, it is such a nice car.can finally put this behind us and we are moving in the right direction. i agree that how brexit will involve is extremely important. clearly, the u.k. economy now is weakening and the housing market has been one of their strengths. forward, we see some copper mice is that could stop. clearly, there is still a lot of uncertainty. francine: i wonder whether the entire in election and governments will make it to our top right stories. could oran president seasonal obstacles. this comes from a state official. i'm as if he has been briefed or speaking with the president and that same state official is now saying that the italian president can name a new near tuesday. the way it happens is that the go to see the president today and put a name forward the president says yes or no. from the latest, it sees the italian president sees no conteles to professor becoming premier. more with our guests next. taylor: u.s. stock index futures after the u.s. and china called an economic truce. that is

i think we evolved the tesla story.s a ton of news that you are seeing coming out of tesla energy and the story. emily: galileo russell. to be fair, max, he did ask a lot of questions people would love to ask. about the technology in future of tesla's that don't often get asked on these earnings call. that said, this is a company that has not turned a profit in its 15-year history, so analysts are right to wonder if and when that might happen. max: part of the concern when you saw the stock price fall in the wake of this call wasn't so much about having a youtube personality, a fan boy analyst on the call, it was more about the reaction and the seemingly erratic demeanor of elon musk. you have a company that is totally dependent on this one person, and that is why people are paying attention to his eccentricity so closely. emily: a deal that will shake up the tv and broadband in europe -- vodafone challenging deutsche telecom on its home turf. we will hear from deutsche telekom's ceo. later, one of the biggest startups

the numbers within the earnings report from tesla.aap profitability in the third quarter, his expectation they plan to restructure the supply chain in the next month or so. unclear if that means executives will be leaving the company. elon musk about 35 minutes into the call, he said these questions, they're killing me. they're too dry. here's how elon musk looks at the view of tesla when it comes to people who only have a short-term view of the stock >> people get too focused on what's happening in the space of a few weeks, a few months. you should not be focused on short-term things. you should be focused on long-term things >> those long-term things were some questions that analysts were asking. cash burn? yes, slower than expected in the first quarter. analysts wanted more clarity on that they ended the quarter with 2 opini. $.7 billion in cash. as elon musk decided he was done with analyst questions, he said i'm tired of journalists and media reports about anything involving autopilot when there are these crashes. he thinks they'

tesla has been spending a lot of money. guess you can read into that and say that that is what is going on. on the other hand, it is sort of surprising, if you are trying to make as many cars as possible that you want to cut staff at this moment, so it is kind of a head scratcher. emily: investors are still talking about this bizarre earnings call. so to refresh our memory, let's take a listen to what his exchanges included with analysts. elon: we are going to go to youtube. sorry. these questions are so dry. they are killing me. we are talking about, like, a 3% to 5% difference. it is something we will solve, like, within a basic -- it is not like we need to make a federal case out of it. next. boring, bonehead questions are not cool. next. i think that if people are concerned about volatility, they should definitely not buy our stock. i am not here to convince you to buy our stock. do not buy it if volatility is scary. there you go. >> so i am also wondering, are you guys going to let porsche beat you to market with a 350

this tesla story has legs. tesla runs off the rails. with the closing bell ringing 46 minutes away and the dow up 17. always the disrupter, ceo elon musk disrupting the traditional conference call yesterday after tesla's massive quarterly loss. it's been called a bizarre rant, combative and the strangest conference call ever. one financial video blogger disagrees, we'll introduce you to the youtuber and tesla investor, that kid with, musk's invitation who hijack the call from traditional analysts. hyperchange tv, the day after. liberty mutual stood with me when this guy got a flat tire in the middle of the night. hold on dad... liberty did what? yeah, liberty mutual 24-hour roadside assistance helped him to fix his flat so he could get home safely. my dad says our insurance doesn't have that. don't worry - i know what a lug wrench is, dad. is this a lug wrench? maybe? you can leave worry behind when liberty stands with you™. liberty stands with you™. liberty mutual insurance. . liz: this highly unusual and controversial earnings call fo

contractors was now making a new effort to demonstrate their worth to tesla and have tesla employees a vouch for the contractor mr musk has even gone as far as denying access to the facilities to contractors hundreds of contractors work at tesla's fremont california plant alongside roughly ten thousand tesla workers the new policy walsall impact other facilities of tesla for more on tesla and other auto news we're joined by lauren fix who congratulations are in order because the car coach lauren is the newly elected president of the north american car truck and utility of the year or ward's association congratulations lauren thank you so much i'm very honored and the sixteen jurors of all forms of media we have make good choices so that you could make a choice what does it do tell us a little bit about it it's a manual war and i assume it's an annual award held at the detroit auto show or the north american international auto show you choose the best car utility and truck of the year based on a lot of different factors including cost lester's where was the hind quarter the full acces

tesla is under scrutiny after a deadly crash in the east bay. was this tesla on auto pilot? now not just the crashes, the technology is being questionede. >> jodi hernandez found the driver's family doesn't think auto pilot was on, but like the rest of us, they certainly want to know. jodi? >> reporter: this is where the accident happened. tonight the property owner is fixing the damage. the tesla crashed through this fence and launched into a pond. investigators are trying to figure out what went wrong. >> he's probably one of the most talented hu talented musicians i know. >> reporter: his friends can't believe someone with so much talent is gone. his car crashed into a pond. divers discovered the car with him still strapped into the driver's seat. he was only 34. >> we understand the interest in this case, based on the type of car that was involved in the crash. >> reporter: one big question, was the car in auto pilot mode? the auto pilot system has come under fire after two deadly crashes, including one in mountain view this past march. >> he was always alert. >> reporte

sent out to tesla employees warning that all tesla workers worldwide would be denied access into teslatories. wrote "bye note default, anyone who does not have a reputation on the line will be denied access to our facilities on monday morning. this applies worldwide. time to scrub off the barnacles." off comes after musk cut "boring wall street analysts." matt brought us the details. matt: they are scrambling to make these model 3's. theeems like the stress of moment is starting to show. wechat emily: isn't the goal -- emily: isn't the goal to make more, not less? findthere is a way to more for tesla was relying on the is outside companies, pretty much why not too much of a normal part company. he wanted to justify the new contractors. now we have this memo where he says you have to vouch for it. emily: is this because contractors are not living up? max: we do not really know. tesla has been spending a lot of money. it is surprising that you try to make as many cars as possible you try to cut staff at this moment, so it is kind of a head scratcher. emily: investors are still talking ab

tesla reporting after the bell. can elon musk show the model three production and the cash burn are back on track? alliancebernstein says goodbye, new york, hello, nashville. new york loses more finance jobs for other cities. all of that and much, much more. fomc decision day. real 30 minutes into the trading day. here is julie hyman. julie: the apple beat is not enough to lift the overall market. we are seeing in recent days when we have gotten the reporting that the sox might rise, but -- there sox might rise, but it does not help the overall market. the nasdaq is falling less than the major averages. gettingas -- it is not any kind of substantive gains today. if you look at apple itself come yes, we are seeing a rise in today's session. if you look at the past month, it doesn't make up for the drop approaching earnings. it has on a run-up for the past -- it has had a run-up for the past three sessions. it is not recouped prior losses going into the numbers. that said, there was a lot for investors and analysts al

in the tesla crash, firefighters called tesla engineers to partially dismantle the battery. but even then, the threat wasn't over. >> this particular case, six days later, the temperature inside those cells increased to the point of ignition. that's why the car reignited. >> reporter: the fire department tells ktvu the tesla caught fire 3 to 4 times after the crash. chief diaz says it was only after the at psp and -- ntsb and tesla deenergized the battery it was finally safe. the chief also warns of in other dangerous scenario -- another dangerous scenario. if a house catches fire with an electric vehicle nearby, the damaged car battery can reignite later. >> we will have to monitor that vehicle for days to make sure it doesn't reignite. >> reporter: with tens of thousands of new electric cars rolling onto the streets, the threat is greater than ever. the national auto alliance says 99,000 electric cars were sold last year. there are 30 electric models now on the market from tesla's suv to the chevy bolt, even bmw has one. >> every auto manufacture out there plus new manufac

his message for tesla and tesla owners. >>> this time of the year you might expect highs in the 70s around san jose. didn't get there today but we will tomorrow with 80s and 90s in store by the end of the holiday weekend for parts of the bay area. i'm dianne feinstein and i approve this message. i thought after sandy hook, where 20 six and seven year olds were slain, this would never happen again. it has happened more than 200 times in 5 years. dianne feinstein and a new generation are leading the fight to pass a new assault weapons ban. say no to the nra and yes to common-sense gun laws. california values senator dianne feinstein >>> yet another video of an unruly passenger has surfaced, this time an american airlines flight from st. croix in the virgin islands to miami. it started wednesday when flight attendants told the man they wouldn't be serving him any more beer. he got angry and threatened to kill another passenger, and that started a brawl. in the end, passengers were able to break things up and police met the plane once it landed. the man is facing federal charges for interferin

tesla makes batteries.even years ago, they were more expensive the battery of the engine cost gos up but those guys make motors i brought a quote here which i thought was interesting by the german car minister. the guy who is overseeing, regulating the car companies he said german companies must heavily invest in electric car technology and batteries to keep up with global competitors quote, he did not understand why the firms hesitated for so long. why do you think they hesitated for so long? because they're interrupting the whole business all of those billions in engines are worthless. they won't be making engines anymore. if you're those executives running those businesses, do you think you're going to go say, okay, i'm not going to make any more motors anymore. half of my investment and employees are making high-technology engines. we're not going to make them anymore. are you kidding me that's how come they don't do it that's how come they try to stretch it out as long as they can. that's good for tesl

bear in mind concerns of tesla have come down.omotive gross margin is positive and estimate was 14.3 and gives you a sense of the selling price we are seeing, managing to raise gross margin levels of the stage as well. they see a positive in the third quarter and fourth quarter, and below $3ctions solely slightly below $3 billion. is the interesting part, q3 kenseth says is negative 125, and q4 is -78, so this is a test of elon musk reality distortion field with jobs. it is all going to come down if they trust what he says, and recently they haven't trusted him. julia: the stock is bouncing around right now. on .8 and 1.9, we get a sense of trading around the 2% level. julie: with us tesla or spotify tell us of these momentum stocks that ruled last year? these kinds of companies, what is the recent action telling you about a bigger state of the market? mike: in a nutshell, momentum is not what it used to be. sense, what julia mentioned earlier, the stronger dollar coupled with higher commodity prices and higher metal prices, espec

tesla worked mostly alone and mostly night. >> 's greatest inventions and not being taken off by otherpeople. >> except that were still using electrical that were developed by tesla and some people don't know that much about him but i think he not only invented ac electrical assistance and payment all of them but he also invented wireless medication which was for years a committed to marconi and finally came out to the court case and he realized that he had basically ripped off tesla. he also invented lighting systems in the first remote-controlled robot and i actually think of everybody on your was the smartest one. his mind was like a human computer and he had this incredible photographic memory so much so that he often thought he was having hallucinations because he would see things in front of him because of his memory could build something and the machine in his mind and turn it and run it and noticed it was wobbling and adjusted and turn it and refine it and fix it and when he was completely done he would in physical form and would work perfectly. while you're inclined to doubt t

tesla is also getting hit.hy consumer reports magazine won't give the tesla model three its recommendation. this is bloomberg. ♪ ♪ emily: google is getting a lot of heat after a 60 minutes segment. they called them a destructive monopoly in online search and search advertising. a highlighted how critics like yelp -- rivals like yelp have had enough. >> ultimately, this manifests itself in expecting the top links, the things it shows at the top of the page are the best around the web. i can tell you that is not the case. that is not the case anymore. emily: since the program aired, steve mnuchin urged the justice department to review the power that large tech firms like google have over the u.s. economy. that is taking a page out of the eu playbook. this woman is intent on stopping google's illegal behavior inserts. she was featured in sunday night's episode of safety minute. she has pursued antitrust cases against google and microsoft. gary, i want to start with you. let's take some historical comparisons here

about the fatal tesla model s crash tat killed a dan vil man last weekend. a tesla spokesperson now says, quote, we've been able to recover enough data from the vehicle to confirm that the autopilot was not engaged at the time of this accident. >> we did see the statement that they put out, and really the bottom line for the highway patrol is we still have a long and thorough investigation to do. >> reporter: danville musician and chemical engineer keith leon was killed in the crash. his body found by an alameda dive team inside it tesla some 65 feet offshore. it was discovered sunday night off crow canyon road. leon hadn't been seen since saturday. chp says they're still trying to determine if the driver was impaired or may have been speeding. >> they're looking at the vehicle and retrieving data from whatever systems they can to analyze. they're also looking at damage to the vehicle to see if they can evaluate that and determine the speed. >> reporter: tesla's autopilot has been implicated in at least two fatal crashes and now two consumer groups are calli

good afternoon i'm kenny choy. >>> was the tesla on auto pilot. jessica flores has the latest. >> >> reporter: you can see where it smashed through this fence here. it took a dive into the pond on private property. and divers found that driver dead inside the vehicle. almeda county sheriff's department says its dive team spent hours sunday night into monday early morning getting to the tesla, submerged in murky pond water. divers pulled out the body of 34-year-old danville resident keith leone. >> when our divers found him he was strapped into the vehicle. >> the property owner noticed the damage and called in the crash. the tesla model s found 65 feet from the embankment. >> the vehicle did travel a significant ways from the roadways so it is believed that the vehicle could have gone airborne based on some of the damage to a sign located in the area. we have never dealt with a submerged car, electric car like that before. we did take precautions, we did make the proper phone calls to make sure that we were okay when we touched the cars that our d

the tesla crash killed the driver. it made headlines back in march and now 2 investigates has uncovered alarming new evidence. not only were fire crews unable to deactivate the battery. the battery repeatedly burst into flames even days after the crash. ktvu's rain maylor has a warning. >> the vehicle was actually cut in half. >> reporter: severe accident in silicon valley. tesla model x slammed into a safer -- safety barrier. then a battery fire that was smoldered for hours and reignite it even days later. >> the battery began to overheat even though we had already cooled the battery. and continued to reignite. >> reporter: so it continued to catch fire? >> yes. >> reporter: the now an alarming new warning from firefighters. revealing the dangers firefighters faced that they. including a high-voltage battery they had no way to to stop. >> we don't have the tools to deal with a battery that is completely destroyed. >> reporter: the problem a lithium ion battery. >> -- almost all manufacturers install a kill switch call

let's move along to a retail investor picked out by tesla to ask questions. also blasted day traders. here's what he had to say, if you don't like what happens with tesla stock. >> people are concerned about volatility, they should not buy our stock. i'm not here to convince you to buy our stock. do not buy it if volatility is scary. there you go >> he also blasted the media, and then he made it clear that he was done with analyst questions. at one point saying, come on, man, this is not cool. these are boring, bone head questions. tony sakanachi who had the question about order force the model 3 out with a note saying tesla's earnings call raises more boring and not cool questions than it answers. >> phil, first of all, ae lelons is a founder/ceo that has the same kind of lightning rod aspect to him like others do jeff bezos back in the day had the same thing where people gave him runway because he was a visionary, he was doing big, great things is this a sense now that elon musk will get this what i get the sense of is there are no normal traffickers of tes

>>> the tesla tantrum.'s bizarre conference call with analysts taking down the stock today. should investors buy on the dip? >>> shark tank's mr. wonderful is going to weigh in and a little food company that's got him smiling. power lunch starts right

>> reporter: it has been a tough year for tesla. late tonight we learned from the police that the car that drove right into the starbucks did not have that auto pilot feature. despite the dramatic damage earlier today no one was hurt. >> the store did have customers, employees at the time. >> reporter: this was no drive- thru starbucks but the woman behind the wheel of this tesla drove through the front doors stopping before the sales county, missing it by inches. the crash comes after a series of tesla accidents being looked at by federal investigators including a dead low crash in florida that killed two teens earlier this week after a car hit a concrete wall and burst into flames. a similar incident here in the bay area is being handled by the ntsb. several weeks ago a driver died when his tesla crashed into a barrier on highway 101. the batteries caught fire and it was later revealed that the car was on auto pilot. >> the car swerved left without giving me warnings right into the divider. >> the bay area man tested the auto feat

an expert told kpix 5 the lanes confused the tesla cameras. the scene in los gatos another crash leaving questions for tesla to answer. >> minor damage to the building and the vehicle. no injuries. >> reporter: maria medina, kpix 5. >>> time now 4:36. let's check the forecast. going to be warm? >> going to be warm friday and saturday so it's going to feel good. it's going to be drier so keep your lotion close by but we'll get those dry offshore winds already starting to notice a little shift in that wind direction. it's going to start to pick up tonight, though. here's another view of the waning crescent moon. we get to see that nice little treat for you guys over the bay bridge. check out those clear conditions out there. we don't have much cloud coverage at all today. great news for drivers. you're not going to run into visibility problems and temperatures 57 degrees in concord. oakland at 51. livermore 51. 52 for san francisco. we were in the 50s all over and then here's a look at the winds. so we do have a west wind still . oakland an east

>>> and, how did this tesla end up a twisted pile of metal? a number of investigations now involving the car maker. the big question, is new technology to blame? we'll be right back. >> announcer: this is "abc world news tonight" sponsored by progressive. ♪ he holds your house in the palm of his hand ♪ ♪ he's your home and auto man ♪ big jim, he's got you covered ♪ ♪ great big jim, there ain't no other ♪ -so, this is covered, right? -yes, ma'am. take care of it for you right now. giddyup! hi! this is jamie. we need some help. ♪ ♪ i can do more to lower my a1c. because my body can still make its own insulin. and i take trulicity once a week to activate my body to release it, like it's supposed to. trulicity is not insulin. it comes in a once-weekly, truly easy-to-use pen. and it works 24/7. trulicity is an injection to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. don't use it as the first medicine to treat diabetes, or if you have type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you or yo

this is the latest in a series of tesla investigations. one incident happened in the bay area and that crash is being handled by the ntsb after a driver died when a tesla ran into a barrier on highway 101 in mountain view. the battery caught fire and it was later revealed the car was in autopilot. and a crash in florida killed two teenagers in florida. for the most recent crash in utah, a spokesperson for tesla told the associated press they have not yet received data from the tesla in the crash and they do not know whether or not autopilot was used. investigators in utah hope to have answers today. sandra osborne, kpix5 from fremont. >>> it's 6:39. there is a legal battle heating up today. how much samsung could be forced to pay apple for infringing upon its design. >>> gas prices on the rise. how much more could you pay across the bay area? we will have more, coming up. >>> they will be married in a few days. what body language experts say about the royal romance. >>> the market just opened up. a strong start for the dow, up about 100 po

more huge losses for electric car maker, tesla. but ceo elon musk insists they're well on the road to profitability. also in business briefing, we'll be live to china, where team trump has arrived in a bid to head off a damaging trade war. a warm welcome to the programme, in this hour, we'll brief you on all you need to know in global news, business and sport. as the maverick billionaire boss of tesla, elon musk, called analysts questions boring and "not cool" as they tried to grill him about his company's earnings. he's also said if you're in a bad meeting at work, you should just walk out. what do you make of his style? is it refreshing or rude? send us your comments. just use the hashtag, #bbcthebriefing. let's get started. in a notice on its website, cambridge analytica has confirmed it's ceasing operations worldwide and is filing for insolvency. the political consultancy has been at the centre of a scandal over the misuse of facebook data. the british firm says it's been vilified for practices that are legal and standard in on

worldwide would be denied access to tesla factories.art of the email wrote putting up edition opening night axis to networks on monday morning, supplies worldwide, time to scrub off the barnacles. this is after a bizarre earnings call were mosque could off boring posted analysts asking one of the questions about the company's cash burn, enjoying this with more is bloomberg businessweek's editor covers tesla. >> as elon musk has said, production has held factory and now scrambling to make model three sedans, and it seems the stress of the moment is beginning to show. emily: he referred to workers as barnacles before, is a goal to produce more cars and not less? >> elon musk said tesla is spending much money and they need to find ways to reduce costs that he called a russian nesting doll, a fun metaphor for this. tesla was relying on outside contractors and acting like a normal car company. he said he is worth to ask everyone to justify their use of contractors and we have this memo are you saying you have to personally vouch. emily: is i

tesla said auto pilot was engage the moment leading up to the fiery crash. the results of the investigation have not yet been released. headquartered in p taking time off. they said they are taking time off to recharge and he was respon for developments of new vehicles at tesla, including the leave of absence follows a string of executive departures recent from tesla. marian favreau, nbc bay area news. >> we are learning new details morgan hill. police released this sketch of a aftern the was able to fight him off and run to a relative's house. he white, 6'4" and thin with wavy hair. he could be driving a ford sedan. >> in north san jose, suspended 3:30 at north first street and east brocaw road. they set up a bus bridge until servic resume. a spokes person said there were crash, but the extent is not clear at this time. >> tragedy for an oakland family on a trip to the east coast. their killed in a car crash leaving her seven children with no way to get home. six attended schools in oakland. the tragic story began in march when the family went to planni mov

tesla has scale.y that's collecting data from cars on the road and with machine learning it only gets better with the more data you have. tesla has billions of miles worth of data. waymo only has millions. >> maria: they also have needs for cash. he continuing t continues to sat need to raise more money. yesterday i spoke with kyle bass. here's what he said about what musk has been saying. >> i have no idea how the statement that he made recently publicly could possibly be true, meaning they don't need to raise capital this year. i think that statement is going to prove to be false. i think if they're serious about rolling out the big truck and the tesla roadster, they'll need to raise 2 or $3 billion this year. then the question is what did elon musk say publicly and is that a securities law violation. we'll see sometime in 2018. >> maria: do you both agree? >> i think if tesla were to raise cash, we would actually be happy. the reasons is, because we just want them to get as many cars on the road as

meanwhile, what a day, tesla not the only story, the ten-year low, a two-week low.n a full percent. >> it is tech not suffering as much as some others in that selloff. i was looking at microsoft apple holding up better than the and far as companies doing pretty well, iac is up 1.5%. >> and in terms of companies not doing so well, a ig leading financials well. a big move in the nasdaq, almost 9% >> and so much almost got lost with tesla overshadowing so much other news let's get over to post 9 1/2 >>> and welcome to "the halftime report." i'm scott wapner post 9 today, our top trade this hour is sell-off mode. why stocks keep dropping and the biggest question now facing investors has the bull market topped out with us for the hour, jim lienenthaw and josh brown the dow is down for the tenth time technical damage being done as well s&p breaking through it'