that sounds bad if you're tesla, right? if you're tesla, better to not have people ever hear numbers like that. therefore, don't collect the numbers anymore. stop collecting all this excessive data, problem solved. problem solved for tesla and for elon musk. problem not solved for the contra costa fire county firefighters who were in that truck. problem not solved for the eight kids in the giant smash up in the thanksgiving day tunnel crash. problem not solved for the sengt grader medevaced to a hospital in north carolina after getting off a school bus the tesla slammed into. problem not solved for them, but it is solved for the billionaire. i should note this reporting from reuters is based on a document reuters saw. we haven't seen the document ourselves. we have also reached out to tesla and the trump transition for comment. so far we have not heard back. we'll let you know. when you're thinking ability this dynamic and sort of our government, i acknowledge maybe worrying about car crashes isn't your thing. maybe this is

. >> mostly tesla's. and, you know, car crashes happen. we humans are not all that great at avoiding the problem of hurting and avoiding ourselves with our cars. car crashes are plagued and who can say whether robots might be better at driving than us overall at-large. but in a country with more than 280 million cars and trucks on the road, clearly it is worth studying if we're going to make this change. whether letting robots drive our cars is going to be more or less safe than letting us humans drive our cars. well, the u.s. government is doing that studying. you saw a reference in the news report to the national highway traffic -- national highway traffic safety ministration looking into that particular crash and others like it. well, the year before that pig thanksgiving day crashed in the bay area, that permit agency started a program where the car companies have to report when crashes happen while a car has been in autopilot or in full self driving mode. they have to tell the government when that ha

to be clear, you hold a tesla stock? 1 do you hold a tesla stock?o not hold _ you hold a tesla stock? i do not hold stock, _ you hold a tesla stock? i do not hold stock, no. - you hold a tesla stock? i do i not hold stock, no. apologies, i thou~ht not hold stock, no. apologies, i thought you _ not hold stock, no. apologies, i thought you did. _ not hold stock, no. apologies, i thought you did. to - not hold stock, no. apologies, i thought you did. to get - not hold stock, no. apologies, i thought you did. to get your| i thought you did. to get your take on this, what do you think, once again a judge for the second time has overruled shareholders voted for, what is your take? it shareholders voted for, what is your take?— your take? it is a twilight zone. shareholders - your take? it is a twilight| zone. shareholders voted your take? it is a twilight - zone. shareholders voted yet again to approve it and look, i believe this is notjust going through the delaware courts, you could go through federal potentially in the supreme court. ., , potentially i

the courts, i believe tesla and musk ultimately win this.ollege london school of management says tesla is setting a poor example in corporate governance. this is one of the big questions about executive pay that we've been talking about, perhaps, for the last 20 years, the fact that somebody has to decide what a ceo does and what he gets for doing that, and that should be the board, a remuneration committee and then the shareholders. but as you and i have discussed in the past, we have seen numerous cases where what has happened is that ceos have pressurised remuneration committees and non—executive directors to get their way, and then they've pushed it through shareholders. and that's the problem. if you have a strong ceo who can exert pressure and influence such that even independent directors are under pressure, and we've seen cases where independent directors who have resisted ceo pressure have somehow been made to leave the organisation. so there is a system that should have checks and balances. the problem is that with certain ceos, th

elon musk has had his tesla pay blocked by a judge.ding to a decision in a delaware court, the tesla chief executive's record—breaking $56 billion pay award will not be reinstated. it comes after months of legal wrangling and despite the pay award being approved by shareholders and directors in the summer. judge kathaleen mccormick has argued that tesla's board members were too heavily influenced by elon musk. in response, mr musk himself said, "shareholders should control company votes, notjudges." for more background on this, here's our technology correspondent lily jamali. this was awarded a couple of years ago and it was contingent on elon musk, the head of tesla, meeting certain targets having to do with sales and revenue and the like. those billions of dollars were in stock options so today they are actually worth quite a bit more than 56 billion, closer to about $100 billion, and this ruling today from chancellor kathaleen mccormick really reiterates her ruling from back at the start of the year in january where she found that t

tesla's still learning and using snarious to learn from that. >> reporter: tesla did not respond to ouruest for comment but on line said owners must use only on parking lots and address located on private property, and that the operator must maintain a clear line of sight, continually monitor the vehicle to avoid close calls like the one tamera had. >> i'm so thankful i wasn't standing near my car. >> reporter: accidents like the one with tamera's car are getting the attention of the auto industry, raising questions who's to blame when no one is behind the wheel. >> our thanks to susan for that report. >>> still to come, what's better than one thursday night football game with zero touchdowns? you'll see. seattle keeps their season alive while the bes ardo more bears things. we'll have the full recap after this. my active psoriatic arthritis joint symptoms held me back. don't let symptoms define you... emerge as you, with clearer skin. with tremfya®, most people saw 100% clear skin... ...that stayed clear, even at 5 years. tremfya® is proven to significantly reduce joint pain, stiffness

not to buy tesla.o you know once again a lot of his personal goals are diametrically opposed to what's best for tesla and its shareholders. and that's really why i'm here, because it's very frustrating to me as a shareholder, as an activist shareholder, that the ceo of my company is, you know, really pushing, you know, a very divisive set of ideologies. >> ross gerber, i do thank you for your time and coming on and giving us the scoop from your perspective. i appreciate it. >> yeah. thanks for having me. >> all right. outfront next, what's the one issue president trump and senator elizabeth warren agree on? we will explain and luigi mangione behind bars where conditions have been called, quote, barbaric and a jail that's also been home to r kelly and to elaine maxwell, among many others. >> new year's eve live with anderson and andy. live coverage starts at eight on cnn. >> i have moderate to severe plaque psoriasis, but thanks to skyrizi and clear skin, i'm all in with skyrizi. >> i saw dramatically c

he tells his employees at tesla that if tesla fails, the climate is doomed. if spacex fails, humanity will never become multi-planetary. but you also say many of musk's most laughable assertions also contain a kernel of truth. when you look back, when we look back, or when humanity looks back in 100 years at musk's legacy, do you think history will prove his sense of self-importance right? -well, i think it's an epic sense of self-importance. it is obviously inflated at times, but he does it almost half-jokingly. but when history looks back, it'll look at ford and gm giving up on electric vehicles 15, 20 years ago, crushing the chevy bolt and deciding not to do it. it will look at nasa giving up on going to the moon, not being able to send astronauts into space. so if you say which individual has done more to move us into the era of electric vehicles with solar roofs and battery packs or move us into the era of space travel, he probably ranks probably number one in terms of individual having those impacts on history. -walter isaacson, thank you for joining me

but tesla's interests aren't just in the united states.bly tesla is more a chinese car company than it is an american car company. the biggest tesla factory, the factory that makes more of its cars than any other plant, the single factory which makes roughly half the cars it makes globally is a huge one in shanghai, and tesla right now is trying to get approval from the chinese government to operate its self-driving car technology in that country as well. tesla's ceo, elon musk, really wants to keep the chinese government happy, and he really wants to build yet more factories in china. he's really invested in having chinese workers manufacturing his cars. right down the street from his huge shanghai tesla factory that he's already got up and running, musk is building another huge $200 million tesla battery factory, again, to employ chinese workers. while donald trump appears to have not gotten what he wanted out of the near government shutdown this weekend, elon musk does appear to have successfully maneuvered republicans in congress into

car crash reporting rule that tesla opposes.ing one presidential election, tesla may have bought itself a u.s. government that among other things no longer requires tesla to report when its self-driving software causes wrecks and hurts and kills people, but tesla's interests aren't just in the united states. arguably, tesla is more a chinese car company than it is an american car company. the biggest tesla factory that makes more of its cars than any other plant, the single factory which makes roughly half the cars it makes globally is a huge one in shanghai and tesla right now is trying to get approval from the chinese government to operate its self- driving car technology in that country as well. tesla's ceo elon musk really wants to keep the chinese government happy and he really wants to build yet more factories in china. he's really invested in having chinese workers manufacturing his cars right down the street from his huge shanghai tesla factory that he has up and running, musk building another huge $200 million tesla bat

that is fairly typical for tesla stock. it is always an expensive stock. the mag seven trades estimated 25 earnings tesla trade for 130 is always on this basis. i would say sellers beware right now because we had the election we had expectation for big events in 2025. wall street estimates are rising, wall street price targets are rising you do not want to get in the way of a freight train. you may be ultimately right with evaluation tech arguments, be a little sensitive that there is a lot of momentum. brian: i would not short the guy with the president-elect. since the election i believe his net worth has increased by $20 billion. how do you think about that relationship going forward. >> since the election the stock is $170 going up, that is $530 billion which would make it the increase would be top ten stock in the s&p 500. it is unbelievable. most people see the trump musk relationship benefiting with overregulation and smoother pathway to self driving robo taxis which tesla wants to introduce in 2025. those of the things that people are focused on. j

tesla losing about 5.4% into the close.t place for investors but the big tech is what is getting hurt. up next, our own bob pisani standing by. that and much more when we take you inside of the market zone. don't go anywhere. (♪♪) everyone has goals and dreams. and everyone deserves a way to get there. wherever you're going, getting there starts here. state street invest in your future with dia, the only etf that tracks the dow. (♪♪) doors can take us to new adventures and long-term goals. your dedicated fidelity advisor can help you open those doors. by helping you create a comprehensive wealth plan, with the right balance of risk and reward. doors were meant to be opened. doors can take us to new adventures and long-term goals. your dedicated fidelity advisor can help you open those doors. by helping you create a comprehensive wealth plan, with the right balance of risk and reward. doors were meant to be opened. is a bitcoin etf the same as owning bitcoin directly? with the right balance of risk and reward. while bitcoin

emails go on further saying tesla has not finalized its decision.ck on tesla, all things elon musk as well and how all of this is set to change into the 20 25 president-elect trump administration and maybe we see some of those ev incentives wound down and possibly fast tracking autonomous driving. you used to be on the board of the 8 -- tv giant, and therefore this is the perfect dimension mentioned to discuss this with you. how are you thinking ev landscape changes on january 20. >> let's look at the big picture first. some people are saying ev growth is slowing down, nonsense. one out of five of all cars sold globally in 2024 b electric or hybrid. it's just moving faster. 25% year-over-year growth, 17 million ev sold globally. u.s. canada solid growth about 12%. china red-hot at 40%. tesla versus byd who's going to be the global leader. there is this other issue of u.s. versus china and how are tariffs going to affect this. the u.s. has already slapped 100% tariffs on any chinese car sold in the u.s. but that's virtually none. you have to say what

wants to scrap car crash reporting rule that tesla opposes.cing one presidential election, tesla may have bodice of a u.s. government, that among other things, no longer requires tesla to report when self driving software causes rex , hurts and kills people. arguably tesla is more a chinese car company then an american car company. the biggest tesla factory, the factory that makes more cars than any other plant, the single factory that makes roughly half the cars it makes globally is a huge one in shanghai. tesla right now is try to get approval from the chinese government to operate its self driving car technology in that country as well. tesla ceo, elon musk really wants to keep the chinese government happy, and he really wants to build yet more factories in china. he is really invested in having chinese workers manufacturing his cars. right down the street from his huge shanghai tesla factory that he has up and running, musk is building another $200 million tesla battery factory, again, to employ chinese workers . while donald trump appears

. >>> the new and innovative function on some teslas, but is it safe? what happened when we tried it. >>> the rush to return after a record black friday. the warning about new fees if you send something back. >>> and the kids from philadelphia who got the meal and surprise of their young lives. >>> this is "nbc nightly news" with lester holt. >>> and good evening. i'm tom llamas in for lester. tonight there is rough weather in the forecast from coast to coast just as tens of millions of us are set to hit the road again or fly home after the christmas holiday. in the south more severe storms tonight. look at this, after eight tornados were reported yesterday in texas and louisiana. the severe weather risk increases again this weekend from texas all the way to virginia. in the northeast it's going to be a washout. while in the west, more rain, snow, and strong winds are expected. and this just in, the intense turbulence, medical personnel called in to treat injured passengers on an alaska airlines flight. nbc's marissa parra leads us off tonight. >> oh, m

apple, google, tesla, broadcom all leading the charge.should prepare for one of the most powerful bull markets in history in the years ahead. let's bring in chris hyzy of bank of america private bank. good to see you. do tell more, please. >> our thesis is not just next year and next year is a launchpad, scott for what we call the asset light era. simply put companies are becoming more asset light. less leveraged and less labor intensive and less fixed asset heavy, so higher multiples makes sense. less credit sensitive, more cash and the asset light companies have the cash to buy the asset heavy things like power generation. it's almost the perfect marriage, scott, when you think about it and if the supply of assets is going to go down and the demand for assets is going to go up, while we become more asset light that is over a much larger period than what most people expect and the asset light era. >> when you say higher multiples makes sense, are you suggesting higher multiples from here or that these currently make sense so no worry abo

. >> shares of tesla are up again. >> tesla/netflix? >> just tesla.t's the musk effect, the influence he's bringing to bear within the incoming trump administration and what that will mean. a lot of coverage in the journal about concerns about lde other companies that may not be on the right side of musk and how you get there and whether he will target them specifically as you mentioned earlier, sam altman the leader of openai which is in open litigation, new litigation, with musk as well. they're suing them now to get an injunction to prevent them from becoming a for-profit company. this will only continue but there's a lot of jockeying, guys, in terms of getting access to the incoming administration. >> is it a shadow government? >> well, you have musk on his own platform accusing private citizens of treason and saying they're going to pay the appropriate price. how seriously do you take it if he is an instrument of the government? >> i think you take it plenty -- plenty serious. we have a new kind of government. taeps not even in yet. immediately,

and it kept going after impact. >> the car that hit tamara was a tesla, the vehicle scraping her cars it pulled out. >> what was the car owners a reaction when this happened? >> he was as shocked as i was. >> we talked to the owner of the model y tesla that did want to go on camera, but he did tell us he was trying out a new feature in an app he's never used before. it's called summon and with the press of a button the car is supposed to park itself and come to you. tesla put out an updad version called smart summon which allows the car to actually steer itself and find the driver within 200 feet using the phone's gps. on its website tesla points out the apps are in data feature which means still in development. >> they're not ready for prime time. >> michael brooks of the center for auto safety says he believes releasing any beta feature to the public is just dangerous. >> there releasing them to early before they've been validated as safe, before validated to work property even. >> we wanted to see how the smart summon feature works. we traveled to the insurance institute for highw

we talked about tesla to start the show. now we are finishing by talking about space x, john. >> yes. and in between we talked about adobe. we talked with the adobe ceo. that stock is lower in bank exp to cut, ecb expected to cut. that does it for us here at "overtime." >> "fast money" starts now. >>> live from the nasdaq market site on another rod-breaking day, this is "fast money." here's what's on tap tonight. a major milestone for the nasdaq, topping the 20,000 market for the first time. doubling in the last four years. can anything stop this rally? we'll debate that. >>> plus, mining for opportunities. we'll travel to the far reaches of canada for a look at the world's largest uranium miner. what they are going on underground and how they've positioned itself as a big winner the space. >>> and later, ro inking a deal with eli lilly. we'll talk to the ceo about the deal. i'm melissa lee, coming to you live from studio b at the nasdaq. on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. we start

meanwhile, a take a look at shares of tesla.expected to release vehicle fourth quarter deliveries this week, most likely thursday. analysts are anticipating around 510,000 units. it would be a record for the quarter. tesla shares surged nearly 2% in december -- 21% bringing the stock's annual gain to a whopping 68%. meanwhile, ukraine saying that for the first time evers it is -- ever, its sea drone destroyed a flying tart in the form of a russian hem copter. -- helicopter. we're going to discuss with the cofounder of drone works. this is a fox business exclusive. and we're taking a look at the future of food. forget farm to table, ocean to table. we're looking at, well, you go to the lab to table to create, with this creation of fake fish. are you an eater? we're coming back with that report. ♪ ♪ ruri: ichi, ni, san, shi... (1,2,3,4 . . ) hina: ichi, ni, san, shi... (1,2,3,4 . . ) akari: ichi, ni, san, shi... (1,2,3,4 . . ) others: ichi, ni, san, shi... (1,2,3,4 . . ) others: ichi, ni, san, shi... (1,2,3,4 . . ) (♪) (♪) you wer

we talked to the owner of the model y tesla. he didn't want to go o camera, but he did tell u us he was trying out a nw feature in an app that he's never used before. it's called summon. and with the press of a button, the car is supposed to park itself and come to you. tesla put out an updated version called smart summon, which allows the car to actually steer itself and find the driver within 200ft, using the phone's gps. on its website, tesla points out the apps are in beta feature, which means still in development. they're just not ready for prime time. michael brooks with the center for auto safety, says he believes releasing any beta feature to the public is just dangerous. they're releasing them too early, before they've been validated as safe, before they've been validated to work properly even. we wanted to see how the smart summon feature works. we traveled to the insurance institute for highway safety, the organization known for crash testing vehicles and safety ratings, where david aguilar, the institute's vp of safe

anyway, let me move if on to tesla. there's still room for tesla to run above and beyond $350 a share. make your case. >> yeah. that's right. there's been a slew of upgrades from wall street, but i want to let our viewers know, stuart, that that tesla is not an awe to maker. if you look at tesla, it's worth more than the 15 largest automaker, not just ford, gm, all of them combined's la's worth more than that. -- tesla's worth more than. you're buying it for the full self-driving which it just released its upgraded software, you're buying it nor robotaxi, robotics and a.i. investors have to be very clear. everyone says the stock's overvalued. it's not. it's overvalued if it's an auto company. it's not. that's why you put money to work and we till see the stock rally from here. stuart: david, you've got 30 seconds to tell me how a.i. can help i.c.e. on the border. that would be palantir helping i.c.e. on the border. 30 seconds. >> yeah. pretty unbelievable. most viewers may not know this, stuart, but palantir has a multi

now, at the time, tesla was being sued by tesla shareholders in order to avoid musk's pay package.s, qte, deeply flawed with musk dictating the terms of his compensation to a board that didn't fairly negotiate. now the package was the largest compensation plan in u.s. history for a public company executive. tesla, which of course is owned by musk said on x it plans to appeal the ruling. now, to a different story, president-elect donald trump pledged to block nippon steel from buying u.s. steel, and he reiterated this on his social platform truth social. a pledge he has made already during his campaign for the presidential election. nippon steel and u.s. steel reached an agreement in december but have since faced opposition from unions as well as president biden. nippon steel previously said the acquisition would revitalize the american rust belt. >> all right, charlotte reed for us, thank you. >>> still to come. a health update from sir elton john. and snl just dropped their host lineup to close out the year, and these choices slap. we take a look at the alums we take a look at the

i don't know the latest number of tesla but tesla but these guys that sell probably 4% or 5%, represent50% of the market cap. it is remarkable. it is remarkable obviously. it's a good tribute to tesla and to elon musk personally but also it is embarrassing for the other car makers that somebody who is not so big in the car industry can represent such a big portion. that means he has a vision and there is an image about tesla that the market is ready to pay a very high price for. >> but there is also this question about whether future really is evs and whether americans want evs. this administration, biden administration has pushed it hard and the companies like gm have had to scale back their aggressive ev targets and plans because americans don't want them. >> i agree with you, sarah. i think this is a pendulum. i think today maybe there is resistance to the ev in the united states for obvious reason of cost, mileage, et cetera. but i think the environmental constraints are that you cannot escape this. even though you are going to have a pull back for a period of time, it will come bac

tesla is a high cost producer. the estimates, they kept going lower. [ sound effects ] plus, there's a lawsuit about him getting his bonus where it wasn't clear he would stick around as ceo if he lost. too easy to pick some other part of his empire. the realty was different. but it was missed by the numbers guys on wall street. first the public is back from the stock market, bigger thaon' research. others think it's worthless. musk was close to trump, spent hundreds of millions to help him win, so as long as trump won tesla was going to be a huge winner. you had to believe. it was like a sports team. as it is, it turns out tesla has more driving self-data than google-backed competor waymo, cheat trump will buy into, and crown tesla the full self-driving winner versus the approach of waymo. maybe it gives them the whole update highway system. and the gm dropped out of the self-driving taxi business making major's view real -- musk's view reality. tesla's up 86% for the year with nearly all of that coming after the e

tesla is uup 2%. >> i was going to give you one that david introduced me too that i'm crowning the new king of vinta. >> pay pal. >> we love that. >> no. this is better than all the others and i think that -- paypal is spewing cash. this guy alex chris is doing a great job. like when marvel. everybody should have known what matt murphy buys a million dollars worth it's not idle. tonight we will address the semi's and i think paypal has much higher to go. >> barcal's adds end block. >> i do like paypal more and no -- i'm not -- no dis-- i'm not casting anything bad about bloc but i think the one is -- paypal and watch the drug stocks, watch pepsico. people will start thinking they aren't going to cut? after -- that means the economy will slow so we have to buy things that are doing well on a -- that's how stupid this market is. >> we will see you at 6:00. >> and david i don't -- is it -- it must be flame. >> at least he is consistent. >> i took this off the rack. i was like jim will make fun of i

apple, alphabet and tesla in the green in the pre-market. tesla among the best up over .50%.he gain more than the entire market value of bank of america, salesforce p&g. this is interesting. we saw bond yields move to the upside. the benchmark ten-year moving eight basis point higher. we get november ppi out before the opening bell. >>> we turn back to the market and nasdaq crossing the 20,000 mark for the first time ever. the index rising from 10,000 to 20,000 in 1,645 days. quicker than the 7,400 days from 5,000 to 10,000. the latest milestone, you might be able to guess, nvidia up more than 1300%. super micro not far behind followed by tesla and broadcom. all of them up more than 400%. you are not reading this wrong. big upside moves for the names. let's bring in craig johnson at piper sandler. ood to see you. >> good to us from 10,000 feel solid theme. these are great companies. i feel the market will broaden out beyond those names. the reason i say that, frank, if you look at where this bull market started in october of 2022, you will see the best names in the s&p 500, t

for tesla.f the incoming of the administration news cycles we have seen has been perceived to be quite favorable for those companies. you can imagine more broadly the rally we are seeing a little bit of stop in the moment. we are seeing big companies struggle but tesla continues to score gains and the gains have been incredible. tesla has added or than $500 billion since the election. an incredible rally. tim: elon musk remains the world's wealthiest person and surpassed $400 million in net worth. elon musk's influence looms large, even heading the newly created department of government efficiency, doge. let's bring in aya kantorovich. for her read on crypto markets in 2025. so, the amazing run-up that we have seen in many different cryptocurrencies but mainly bitcoin over the last few months has been on hopes of the trump administration being more lenient when it comes to regulations. it is the hope. now the administration has to deliver. what do you want to see? >> you are right. we saw it wit

tesla is the only one in the green. we'll talk about what is really going on in this market and hear from a few voices who are much more cautious on high flying tech. >>> plus apple and google with warned by members of the house china select committee to be ready to remove tiktok from their app stores on january 19th. we'll speak with josh gottheimer, one of the lawmakers who have led the effort to ban tiktok about this and the mysterious drones still being spotted across state. but let's get down to bob pisani with a look at the markets this year. >> nothing mysterious about the markets here. no drone activity here. we're in a modest down trend. this is not unusual for the middle of december, but it is been going on for five or six days so let's look at the major averages. s&p 500, the dow and the s&p are down. nasdaq is flattish right now. but i would say modest down trend here. we topped out, five seven days ago, except the nasdaq, it hit a new high on wednesday. but the s&p 500 and the dow moving to the downside her

i do think from his perspective he needs tesla to thrive because everybody will link his name to teslaiate your time this morning. stephen gengaro on tesla. the stock is down by about 1.4% in premarket trading. an update on stories elsewhere with your bloomberg brief. dani: president-elect donald trump plans to travel to paris on saturday to attend the reopening of notre dame. trump wrote on his true social platform president imago macron has done a wonderful job ensuring notre dame has been restored to its full level of glory. it will be a very special day for all. u.k. developers are suing apple over commission charges. they claim charges of 30% on sales created an anticompetitive tax on the nation's tech industry. apple could be responsible for repaying as much as $995 million in fees. speaking of elon musk, spacex is in discussions to sell insider shares at a valuation of about $350 billion, a significant premium to the 255 billion dollars valuation reported last week. it would cement the status of elon musk's company as the most valuable private u.s. firm. that is your brief. jona

plus, a court again rejects elon musk's bumper pay package as tesla ceo. but over at spacex, a tender offer sees the startup's value rocket to. about $350 billion. happy tuesday! so despite the apparent imminent collapse of the french government, european futures are actually pointing to gains after upside modest upside that came through for european stocks yesterday. things unfold and ftse 100 futures in the u.k. looking to add .2% and a 54th record for the s&p stateside monday currently looking to add .5% and nasdaq futures gained 1% by the end of the close. let's flip the board and lacrosse asset with the focus on the euro. the 10 year on the back of the comments from williams and waller suggesting more work needs to be done to the neutral rate but not fully committing although waller suggested he is in the euro. the 10 year on the back of the comments ballpark unless the daa changes. the u.s. 10 year currently yielding 4.2% and euro-dollar dropping about 1% yesterday, getting closer to the parity level, just down .1% and we continue to monitor that wit

had railroaded the tesla board into giving him that $100 billion pay package. the concern is that the board is too loyal to musk instead of operating as an independent body. the way it's supposed to. musk argues he did the things required in the contract to get that kind of pay. he boosted tesla's stock enough to make all shareholders happy and profited in the process. some do criticize musk for making pie in the sky promises to boost and keep the stock high, but it does the job. as you pointed out, this is the second time this judge has said no after the first defeat in court. tesla went to the shareholders themselves for a vote and said, show the judge you want this. and the shareholders did. they voted to approve the pay package. tesla went back to the judge and said, see, everybody wants this. and the judge yesterday said, no. again, shares in intel didn't move as much as you might expect after the company's ceo, paul gelsinger, made the surprise announcement he was going to retire effective immediately. intel made big layoffs under his leadership as it tri

caroline: at one point, tesla was doing the same thing.eresting is we did hear from cathie wood praising a new regime under the administration. she is long digital asset classes. but where else does she see positivity? >> in crypto and fintech, m&a, all of the things clamped down on during this administration. cftc band a lot of acquisitions in the tech space could she sees softer regulations on the space. the u.s. government is potentially being a whale. there is a bill that could require them to buy bitcoin. it could create risks like volatility. gold might sink and bitcoin might rise. there are a lot of things happening in the space. interesting because now a lot of companies own more bitcoin than others. caroline: crypto regulation is looming over lawmakers in washington. the future of tiktok is also up in the air along with president-elect trump's threats to impose tariffs on chinese goods. a key investor in bytedance, you have been building that up in the secondary market. want to understand how much -- i want to understand how much

on the downside tesla putting us lower.o individual names after news coming from certain companies. palantir managing to soar ever higher as they get a particular new deal lifted for how they can sell their products. palantir up 5.5%. earning seem to be underwhelming. first quarter results were fine but the billing beat was lighter than expected. meta up 2.5%. reports coming from the financial times mark zuckerberg would not mind being part of contributing to technology lawmaking under the next administration. etsy met with donald trump and mar-a-lago last week. social media platforms like threads and blues guy saw an influx in new users seeking alternative to elon musk's right-leaning platform acts. joining us is rose wang, alongside our own kurt wagner. let's dig in a little bit to what it has been like since the election. how have you find blue skies, the numbers racking up, how the infrastructure has been slightly taxed. rose: since the election we have seen more than 10 million u.s. users join blues guy and it has been

tesla up again by 2.9% this morning. bj rakesh. tesla positioned that are relative to his peers.credits gone. this is why. lisa: to cost less to make teslas. did made it more efficient to manufacture, which is why he doesn't care and there's the hope of fsd. jonathan: daniel ives coming up a little later. up next, sharon miller on the state of small business in america. (cheerful music) (phone ringing) [narrator] not all multi-millionaires built their wealth the same way, you have... the fearless investor. the type a cpa. the bootstrapper. the bootmaker. yeehaw [narrator] but many do have something in common. we all trust schwab with our wealth. [narrator] thanks to our award-winning service, low costs and transparent advice. every day, over a million multi-millionares trust schwab with more than two trillion dollars of their wealth. jonathan: the opening bell is about two hours away and retail sales in america 60 minutes from now. negative by about one third of 1%. morning movers, let's cross over to manus cranny. manus: look at nvidia. when you hear from satya nadella, saying t

finally, tesla, these shares are lower. and of tesla's individual shareholders saturday in a social media post talked about how he is no longer all in on tesla, that he has sold some of his stake. he is putting them in three-month treasury bills. it seems like this story is taking a while to work its way into the stock. of course, the interesting story that a federal judge has voted down elon musk's massive pay package, despite the fact that the board wants it and shareholders want it, and he hit the milestone. perhaps there is going to be more news on that right now elon musk not getting that pay package. some investors thinking he will not be putting as much focus on the shares of tesla and the company. and stock -- and the stock reacting negatively to the downside. scarlet: thank you so much. earlier today bloomberg spoke with cliff as nest, and he says he doesn't think equity market valuations are in a bubble right now. >> if you look at valuation differences we are still at a time of extremes, and that is not just the

shares in tesla, his electric vehicle, rose to a new record high on the same day the tech heavy nasdaq0,000 points for the first time in its history. tesla shares have rallied 69% since the election of donald trump but it was a sale of shares at his privately held firm spacex valuing the company at $350 billion that supercharged his wealth. the move boosted the founder's net worth to $439 billion according to bloomberg. last week a delaware judge rejected musk�*s multibillion—dollar pay package but even if it is remote, multibillion—dollar pay package but even if it is revoked, he will still be the world's richest person and as musk prepares to lead efforts to streamline government operations it is perhaps a sign that wealth and power in america have become even more closely intertwined. the south korean president has defended his decision to impose martial law. in an address on thursday morning he hit out at the opposition party accusing them of creating a national crisis. the bench mark index dropped on the news but has recovered. the kospi is up now along with other major stock mark

shares in tesla, his electric vehicle, rose to a new record high on the same day the tech heavy nasdaq0 points for the first time in its history. tesla have rallied 69% since the election of donald trump but it was a sale of shares at his privately held firm spacex value the company at $350 billion that supercharged his wealth. the move boosted the founder's network $439 billion according bloomberg. last week delaware judge read jacketed musk�*s pay package but even if it is remote, from's but he will still be the world's richest person and as miss come ——mr musk prepares to lead efforts to streamline government operations it is perhaps a sign wealth and power in america have become even more closely intertwined. have become even more closely intertwined-— intertwined. tiktok requested an emergency _ intertwined. tiktok requested an emergency injunction - intertwined. tiktok requested an emergency injunction to i an emergency injunction to prevent it from becoming unavailable in the us. a law taking effect on the 19th of january demands the b cell because of alleged links to the chines

someone whom still owns tesla shares isao drives a cybertruck. we are at $407 on tesla.buy some stock going into the end of the year as it is down today more than 2%? it has been pretty volatile. ross: i am having a flashback from three years ago when it was at $407 and it closed at an all-time high, exactly on new year's three years ago. i thought i was doing pretty good. they reported good numbers three years ago. then it has gone down for the last three years. we are back to where we were. tesla has a lot to prove with the numbers coming out this week to make their quarterly and annual numbers. they have had to pull out all the stops. it's going to be hard for them. that is where we are on the short term. on the long-term, they went to build robots and cybercabs. . i am not sure people went robots yet. i certainly know that cybercabs will have tons of competition from the likes of waymo and uber. carol: are you ok with the distractions that seem to come up from elon musk? he has shown he can handle a lot on his plate. how are you thinking about the elon universe and a

this was awarded a couple of years ago and was contingent on elon musk, the head of tesla, meeting certainargets having to do with sales and revenue and the like. those billions of dollars were in stock options, so today they are worth quite a bit more than 56 billion, closer to about $100 billion and this ruling today from chancellor kathaleen mccormick reiterates her ruling from back at the start of the year injanuary, where she found this pay package is excessive and not only that, that the board of directors at tesla is not sufficiently independent to approve it, that the people on the board have personal and business relationships with musk. just to give you an example, his brother kimbal is on the board, james murdoch, son of rupert murdoch, is also on the board. injune, as you mentioned, musk and tesla put this to shareholders, who approved this pay package, but the chancellor mccormick saying that simply is not enough, reiterating that early decision and one of the arguments we saw from the shareholders is they were not told how easy or hard it would be for musk to meet those origi

tesla shares have rallied 69% since the election of donald trump.le of shares at his privately held firm spacex, valuing the company at $350 billion, that supercharged his wealth. the move boosted the founder's net worth to $439 billion according to bloomberg. last week a delaware judge rejected musk�*s multi—billion dollar tesla pay packet, but even if it is revoked, trump's buddy will still be the world's richest person, and as mr musk prepares to lead efforts to deregulate and streamline government operations, it's perhaps a sign that wealth and power in america have become even more closely intertwined. michelle fleury there in new york for us. here in europe, eyes are on the european central bank for an interest rate decision shortly. more on that in a moment. it is all tied as well to what may happen in france. and will we learn later who will be the next prime minister of france? on tuesday, president macron gathered political leaders — including socialists, centrists and the rightwing les republicains — in a move to form what he called a "go