emily: musk testified, tesla board members testified, how well did they make their case?ana: i was not in the courtroom in delaware, but i was able to dial in today to listen to antonio, and i think it's a hard case. if you take tesla perspective, this acquisition was five years ago, it was $2 billion. $2 billion is a drop in the bucket if you look at the market cap of tesla today. everything they said they would do, like start integrating solar with batteries in the car, they have kind of done that. but the issue is, at the time, the investors fully realize that solarcity was in trouble, and did musk properly recused himself or was he more involved with the negotiations than shareholders realized? the plaintiffs made a strong argument in that regard. the fact that the case actually got to trial is pretty telling. the other board members settled, musk did not. it's really about musk at this point. you have board members testifying in his defense about his role. emily: when could we expect a verdict, and what could the penalties be? dana: there is no jury, just judge josep

>> today we hear final testimony from antonio, a longtime musk ally who served on the tesla board.e was on the solarcity board, he's on the space export. what's interesting about his testimony is that he was like, look, elon recused from voting on the deal. as the ceo he has a responsibility to provide insight into what he saw. the bottom line is, what does recusal mean? is it enough he was recused from the vote but still involved in emily: musk testified, tesla board members testified, how well did they make their case? dana: i was not in the courtroom in delaware, but i was able to dial in today to listen to antonio, and i think it's a hard case. if you take tesla perspective, this acquisition was five years ago, it was $2 billion. $2 billion is a drop in the bucket if you look at the market cap of tesla today. everything they said they would do, like start integrating solar with batteries in the car, they have kind of done that. but the issue is, at the time, the investors fully realize that solarcity was in trouble, and did musk properly recused himself or was he more involved

target looking at the issue of whether elon musk will still be the ceo in the next two to two years tesla board the 10-year note yield in number two spots. general motors, moderna and etsy a lot of meme stocks in there as well we'll see how those shake out the trade. over to you. >> i raise the idea early on that this was something likely going to come at some point anyway as you go through if said, given the price was at least 50% greater than the ipo price for a certain period of time up to 97 bot r.9 of a million shares of stock held by these parties we now know about, these private parties that would be unlocked yes, news this morning is happening. it should not be surprising news those two triggers if the price would soar above 30% 10% would open up. the second trigger was over 50%. i thinks that where we are right now. they don't seem to indicate unless i'm not looking at the right page clearly does appear to be in the perspective. >> quickly, we have rick standing by from chicago with breaking economic data take it away >> yes some historic data we look at the june read which is a trade

this year and many have suggesteds that the type of technology that needs to be in all tesla vehicles across the boardlert a driver when they fall asleep, when they get distracted, whether they're not paying attention that is the type of technology that you see in super cruz, with the gm and other automakers where they have the driver identification cameras so that they could tell if you get distracted, if you fall asleep, if you become drowsy, et cetera. >> and so is that what the investigation, phil, is trying to determine exactly, what questions are they asking. >> right >> are they trying to -- >> all of that was the driver at fault. was it the system. they may come back and say the system warned the drivers and they didn't pay attention. and it was human error remember there was a tesla auto pilot crash, the first one where there was a fatality down in florida, several years ago and it looked like here is a case with auto pilot. it didn't work right the vehicle crashed into a semi. ultimately the ntsb conducted a lengthy investigation and at the end of that investigation, they said that the techn

tesla for comment but have not heard back yet and tesla stocks have dropped over 4% of after reports of the investigation. >>> a live look at the board, the dow is up almost 40 points this afternoon and wall street is reacted to growing tensions overseas in afghanistan. >>> west contra costa county unified school district is back for 100% in person learning for the first time in a year and a half kpix 5's kiet do has the story. >> reporter: for all you parents who watched your kids do distance learning for the past year and a half, let's share in this moment of pure joy. bella cook got to school about an hour early to drop off her oldest son, emmanuel with a kiss, a hug, a handshake and a front door. >> first day in person full- time in like a year and a half. >> oh, my gosh! so ready! yes! get out! >> reporter: 27,000 kids across the west contra costa unified school district are back today for the first time in nearly a year and a half. among some of the changes? no more temperature checks or designated drop-off zones. >> welcome, everybody. >> >> reporter: and no more social distancing required. the students are encouraged to stay

joaquin dueto who served as vice chairman and a member of johnson & johnson's board of directors he will be keeping busy. tesla, formally unveiling its custom chip in its data cent unveiled as part of tesla's a.i. day was designed and built in-house as part of his dojo a.i. system to automate driving. that system is expected to be operational next year. elon musk unveiling tesla's humanoid robot prototype at the event. musk says the robot will be used for, quote, dangerous, repetitive or boring work that people don't leak to do. he said the machine will likely launch next year and china has approved a sweeping privacy law aimed at curbing wide-ranging data collection by technology companies. that law set to take effect on november 1st it comes amid frustrations within the government and in chinese society over online fraud, data theft, and data collection by domestic technology giants and that's why you're seeing shares of several of those tech giants posting steep losses across the board and that's been an ongoing development that we've seen across all chinese companies, especially even kyb etf. >> china crac

if they are need, like, even tesla, you know, test lab said, for example, that one of their cars, they're going to use, lithium, i'm phosphate, which doesn't need bo board. well, if you read the fine print, they are still trying to source or bars from blank or a major co bard mining company. and it's only one model in china where they're using these. so you have to be very careful. unfortunately, the devil is in the details when you go into this. so and then i want to let me ask you something, is this both sides have their equal support for an equal against or is how would you balance this? yeah, i mean, i'm not sure exactly. you know how big the support versus opposition is on this because it is a pretty new and developing issue to a lot of civil society groups. but i think one thing that's important to consider here is when i talk to proponents of the, to the mining, whether in the scientific community or in the industrial community. you know, one of the big pros for deep the mining would be, you know, we can off that some of the environmental damages of land based mining. so you know, mining things like copper or cobalt from mine on land can cause de

teslas on autopilot were traffic aware cruise control. vehicles with flashing lights, flares, or an illuminated arrow board.tigation covers the models y, x, 2014 and 2021. larry: classes are back pthe lg announcer: building a better bay area, moving forward, finding solutions. this is abc 7 news. ♪ >> i am feeling excited and nervous. >> i feel safe. >> we are totally ready to have these kids be back together again. >> i am hoping it will be a great school year for these children. that is the most important thing. kristen: it is back-to-school for more students across the bay area, and for many it is the first time in a classroom in a year and a half. larry: so this week we are focusing on back to school as part of our efforts to build a better bay area. west contra costa unified started for the first time. nearly 28,000 students were back on campus since early 2020. laura anthony joining us live from el cerrito. hi, laura. drew:. reporter: larry, click districts all over the bay area, start of classes was met with a conversations, also some anxiety about what this long-awaited first day would look like. th

and tesla has not responded to our request for comment. meanwhile, the national transportation safety boardtigation and says that standards should be developed to make sure that autopilot is being used correctly. robin. >> say that again. turn your autopilot on doesn't mean to turn your brain off. that's so true. >> that's right. absolutely. >> all right, thank you, gio, for that. appreciate it. it's so true. >> well put, to the point and makes a lot of sense. >>> coming up next, we have the gator battle that happened at a petting zoo caught on camera. the heroes that jumped into action to save the day when we come back. day when we come back. managing type 2 diabetes? on it. on it. on it, with jardiance. the peoplwho are e 2 di and heart risk with jardiance. jardiance is a once-daily pill that can reduce the risk of cardiovascular death for adults who also have known heart disease. so it could help save your life from a heart attack or stroke. n e serious side effects including dehydration, genital yeast or urinary tract infections, and sudden kidney problems. ketoacidosis is a serious sid

tesla. mouthful there we begin with the markets. christina is here with those numbers. hi, christina. >> hello so we are seeing equities mixed across the board but this comes once again as the dow and s&p 500 closed at record highs yesterday. the number we're looking at for the s&p 500 is 4474. the hotter, though, than expected producer price index showed u.s. wholesale prices rose sharply in july for the sixth straight month 5.4% but core inflation you take out food and energy, is up only 0.3% so it's still leaving questions about this inflation cresting or not. energy worst performer today this after the international energy agency warned the spread of the delta variant could slow the global oil demand. so i threw up some popular etfs across the board just so you could see how all of them are doing. and now for some individual movers and shakers open door, digital platform for residential real estate, soaring today 18%. and that's after reporting better than expected revenue on this one specifically for the wall street bet guys because they asked about it, this darling clover health also soaring today. it was the second most mentioned stoc

board rooms is. and we also don't know what the dialogue between those companies and the government is. i know we can tell just by looking at what tesla is doing, in china, that it is listening very closely to what the government is saying, safety is paramount and it is taking more precautions i think than might otherwise have been the case and think the other side of this is china wants to manufacture very high end goods. it does not want to be considered the commoditizer of the world. and so i know that tesla, apple, nike, they're all exporting from china, which says something about china's manufacturing prowess, and if you are listening to president xi jinping these days, he's saying we need to accelerate our movement up the stack in terms of quality and design when it comes to manufacturing so i think they're serving the -- the chinese government's purpose in some way. and the labor costs still are much lower in china. so serving those companies as well >> we know that they're trying to move up, especially when it comes to the design and manufacturing of semis cathie, i want to ask you about robinhood. we got earnings last night a

tesla and gm phil lebeau joins us with an exclusive interview. hi, phil >> melissa, let me bring in if the chairman of the board of management of bmw.irst time in more than two years. you're back here in the united states you're here at the biggest plant that you have in the world right here in spartanburg, south carolina i know you've got news right off the bat that you want to talk about. a new model that will be built here let's talk about that and how important it is that you're finally back here. >> first of all, thank you very much for that opportunity to talk to you this morning the united states is very close to our hearts. for me personally, i spent some of my years here and second of all, this is the largest manufacturing operation after bmw group. and we're exporting 70% what we produce here and we're the largest net exporter in value in the automotive industry from the united states to the world so it's great to see our friends here again and i can already say at the end of the year we'll make an announcement to build another high end car from this manufacturing site for thebran new. it is not -- it's not a successor mod