car. the tesla model three makes sense to allow the folks, it's not a luxury car. at a starting price of 35,000, plus the incentives and rebates, it's affordable. here in california, it gets you into the hov lane. it's an enormous boon. from consumers it makes sense. for tesla as a company. it represents a challenge. the company goes through tesla models. the model s and x and each was a life or death prop tigs. this raises the -- proposition. tesla has been getting by on a luxury segment of the market. it's trying to compete with auto makers. it prices the carsn the range. unlike the automakers, that can sell boatloads of cars. tesla does not have that luxury. this is a definite turning point trying to be - trying to earn its place, ranked among the highest value auto makers. tesla says the base model car will do 0 to 60. it's april fool's. among the pranks. lexus with telco seats to hold drivers in place. thanks for watching, more news next from doha. >> and a very welcome to the news hour much i'm nick clark, live from the headquarters in doha. coming up in a few

it makes a tremendous amount of sense, but for tesla as a car company, it represents a challenge for his company. self models, the roadster, the model s and x, each of those was a life or death proposition, and this one raises the stakes again. tesla has been getting by on a luxury segment of the market. but now it's trying to compete with regular automakers, makers who price their car in the 20-$30,000 range. selling boatloads much cheap cars with funding for electric vehicles, tesla does not have that luxury. this is a turning point for the company to try to be, basically trying to earn its place among the highest valued automakers in the world. >> jacob ward reporting there, he said that the base model car will do 0-60 in less than 3 seconds. >>> be careful what you do today. pranks have been spotted. lexus announcing velcro seats in cars, which hold the drivers in place, and google said a same day delivery service that seabeds out products via parachute. i would want to leave that. >>> and and a new app that allows people to get a taste of the menu by licking pictures of the food

three debuted last night and the company founder said this new car is fast and safe and he says it will go 215 miles on one charge. teslastarted taking $1,000 deposits on the car even though the model three won't be sold until late next year. it starts at $35,000. >>> this is crazy. i was just told that total number of orders for the model three in the past 24 hours is now past 115,000. >> a lot of orders came from people who stood in long lines and even slept outside tesla show rooms around the world. others waited to make a reservation online. >>> 6:26 is the time. kids in virginia unknowingly rode a school bus that was carrying explosive materials. the mistake by the cia that wasn't discovered for a week. >>> we're live in petaluma where a high risk sex offender is set to be released into the community. >>> good morning, we are looking at a commute that looks pretty good out there. friday light and a nice look at the golden gate bridge as traffic heads south. >>> looks like a burn off on these fog and clouds. we'll have a look at your friday forecast. >>> good morning for joining us. it's friday, april 1st. i'm dave

car. the tesla model three makes sense to allow the folks, it's not a luxury car. it completes with others. at a starting price of 35,000, plus the incentives and rebates, and the government bonuses that you get, it's affordable. here in california, it gets you into the hov lane. it's an enormous boon. from consumers it makes sense. for tesla as a company, it represents a challenge. the company goes through tesla models. the roadster, the model s and x and each was a life or death proposition. tesla has been getting by on a luxury segment of the market. it's trying to compete with auto makers. automakers is that price the car in the $20,000-$30,000. unlike the other automakers that kan sell boatloads of cars. to fund research into electrical vehicles, tesla does not have that luxury. this is a definite turning point trying to be - trying to earn its place, ranked among the highest value auto makers. >>> josep guardiola reporting. tesla says the base model car will do 0 to 60 inless than 60 seconds it's april fool's. among the pranks. lexus with telco seats to hold

long lines at tesla stores to reserve one with a $1,000 deposit. the cars will cost $35 snoueds,000. tesla says they run 200 miles on a was theory charge and cars are expected next year. >>> jayz bought a company a year ago for $56 million. he said he was given numbers below what was reported. the tidal owners say there was public traded company. >>> the online delivery service post mate is offering a new subscription service and charging a monthly fee for free delivery and it costs $9.99 a month and subscribers get same day delivery of orders of 30 or more. they have more than 300 partners and stores in the united states. >>> amazon has filed a patent for talking drone propellors. amazon wants to use drones to deliver packages to homes and offices. the propellors make warning noises and shout out phrases to alert people on the ground. for instance, the drone can say, "watch out." at first, i thought this was an april's fool joke but looks like not the case. >> yeah. it gets weirder and weird. jill wagner at the new york stock exchange, thanks a lot, jill.

. >> and a lot of buzz over tesla's latest car.t would mean big business for the bay area. >> plus, unfriendly delivery. a late-night pizza order arrives with a surprise message. >> we're taken aback by what's in store for us next week. have you heard what's happening wednesday? details after a break. ,,,,,,,,,, the compan >>> airbnb is cracking down on hosts who violate san francisco's laws on short-term rentals. the company says it will begin investigating host ofs to list multiple homes -- hosts who list multiple homes. starting tomorrow they will purge listings from host who have turned private homes into illegal hotels. current laws say homeowners can only list their own residents for vacation rentals but about one-fifth of the listings in city are by people with more than one home. >>> alaska airlines is reportedly going to buy virgin america. they beat out jetblue and other airlines. it will be worth $2 billion. >>> there's a new economic boom on the horizon in fremont thanks to tesla's newest car. the model 3 won't be ready

engi overnight tesla reveals its new car for the masses. m >>> the affordable price tag pct for the new model three andw how far it can can take you ona a single charge.ha >>> good morning, to i'mgood wisdom martin. thanks for joining us. holly morris has the day off.. maureen umeh is on had her her way.y. overnight we have learned muchdh more about the suspect whousct police say shot and called virginia state trooper.ia our fox affiliate in chicagofili confatirms that the suspect iss james brown the third from illrm now. he's no stranger to the law.ng media reports say he's beenbe charged in the past withtit murder, aggravated battery,atte with a firearm, among severalmog other charges.her ha now, yesterday police say trooper chad dermyerhad de approached brown during a police training exercise at arct richmond bus station. s that's when police say brown san pulled out a gun and started shooting killing dermyer whoerer wasn't wearing his bulletprooflf vest at the time.ve at two other troopers returneds r fire injuring the suspect whong lat

up to buy those new less expensive tesla cars. we'll tell you all about it. >> lee goldberg returns. for a whole new experience. that's because we've been working hard to give you better service, and it shows. we came back for internet speeds so fast even the kids are impressed. oh she's impressed. we're catching up on movies and shows on demand just as fast as we can watch them. for $89.99 a month you'll get 100 meg ultra-fast internet, popular hd channels and unlimited calling. twc's home wifi is so strong we can use all our devices at the same time. so we can all watch whatever we want. and that's kinda cool. call now. for $89.99 a month you'll get internet, tv and phone. there's no contract, no risk and our money-back guarantee. come back today and we'll give you free installation with our exclusive one-hour arrival window. feels good to be back. come back today. you'll get free installation, tv equipment and epix included. and now get a $300 reward card. >>> lots of folks banking on a big tax break for buying the tesla 3 mode

some customers lined up to reserve teslas new car. a lot of them have not seen it. ,000 model first ever for the mass market, a range of at least 320 kilometers. tesla will unveil the car later today in what has become an increasingly crowded market. mogul jay-z is unhappy with his recent music streaming purchase. the owner's subscriber numbers at the time of the deal. jay-z had touted the service as a response to spotify and apple, but it trails with only 3 million users. some major music stars calling on the u.s. government to crack down on copyright laws. among more than 100 artists and managers have filed up petition. they say some provisions of the law shields services from you to from liability. y has longindustr argued of places too much of a burden on websites themselves. banks in singapore, moody's cutting their credit rating to negative. the agency pointing to a further weakening of the business environment and economic growth slowdown. we are in singapore. how bad is it? >> it's not looking pretty by the sound of it. moody's says it is concerned about the

it's the car everybody is talking about. the new tesla model 3, hundreds of thousands of people plunking down deposits on a car that won't actually hit the road for at least another year, a year and a half actually and we're going to show coming up. ron will have that story coming up but first here a shocking crime captured as it was happening on a facebook live video stream. >> it's essentially a live broadcast. as he was doing so on a chicago street, a shooter appeared on camera. and now a massive manhunt is on to find that shooter. abc's eva pilgrim is here with more. hi, eva. >> good morning. this is disturbing video. a man live chatting on facebook gunned down for everyone watching to see. that now a huge clue for police this morning as they search for his shooter. i have to warn you, this video is very hard to watch. >> what they say they heard i was up here so they had to open the store back up for the kid, though. >> reporter: it's this video that streamed live on facebook that is going viral. watch as this chicago man, brian fiel

putting down a deposit on a car you have not seen yet, but it is a tesla and it is affordable. 3 hopes to compete in the lucrative electric car market that only keeps growing. in 2012, the market was worth around $84 billion. tolysts reject it will grow $270 billion by 2019. musk is facing stiff competition. general motors is expected to launch the chevrolet bolt, in a similar price range. tesla expects to sell 85,000 cars this year, and analysts are already flagging maintenance issues which could further its operating losses. alone, tesla burned through $1 billion in cash and elon musk is banking on the model 3 to turn the company's futures around. >> let's get a check on the markets now. in europe, stocks are eagerly awaiting the job report out of the united states. all of the main indices deeply in the red at this point, a loss of 2% on the frankfurt dax. novartis under pressure this friday after an camera's -- s --r in camera -- ankara' to secure around $85 million in business advantages. novartis shares down nearly 3% at this hour. eu officials are pointing the finger at david cam

smart friends who own tesla stock and tesla cars. i think they're probably going to get more enjoyment out of cars than the stock. >> is apple an exception to that rule because of steve job's vision for the future? does it have -- you know elan has some of that as well. how much has to do with a visionary the head of a company like a tesla or like an apple? >> at least 100%. >> okay. >> there's no question that the person at the top in those situations is the do or die fortfor the company as well as for the investor. you look back at the history and so few of them had anyone like. it's a wonderful marketer. he looks to be a pretty good ceo. he looks to be a pretty good visionary and maybe a good engineer. he's done a lot of interesting things. it's possible that several years from now that will be one of the extraordinary, unusual events in this situation. quite often, single hot product companies are not a great place to be. >> thank you so much. we appreciate it. >>> late this afternoon the machinist union representing 30,000 worke

. >>> more people reserved the tesla car over the weekend. the company has 276,000 preorders of it has a starting price of $35,000 much cheaper than the previous vehicles. tesla believes it could reach a half million orders if the current trend continues. >>> "healthcheck" this noon, a new study confirms there's a common problem tied to statins. the drugs are linked to painful muscle cramps evidence suggests alternative nonstaten treatments are effective in lowering cholesterol. >>> a race car driver brought her story to a school this morning talking about the challenges in the formula e racing series. she broke into racing as a teenager. she is now 27 and she is teaching girls they can make an impact if they work hard. >>> world leaders athletes and actor and drug lords are connected by a massive investigation into tax evacation in an offshore account. >>> princeton makes a decision whether they should keep woodrow wilson's name on campus buildings. >>> accuweather is next at noon, sky6 live hd looking live at the jersey shore in atlantic ci

were long at the show rooms the pre-orders topped $115,000 around the world in to reserve the car. >> tesla is the only car that excites me. i have been waiting years for tesla to come out in my price range. >> i am buying sight unseen but trusting in elon musk. >> trusting in elon musk. you have to wit to get the model 3 in your garage. it will not be ready for delivery until late 2017. >> love that roof. if your ride looks more like this, heads up, caltrain is changing their weekday schedule. starting monday trains are on a different timetable, saying so many people are riding right now it is slowing down the service. the new weekend day is adjusted by several minutes a train to better reflect reality. the departure times, as well, with exact times at abc7news.com >> this morning, a san francisco police department is facing a wide being scandal over racist and homophobic text messages with five officers involved. afternoon were here is how the cases could be threatened. >> this latest text after a series of text were exchanged with three other officers while being investigated for sexual

tesla. maybe a little smaller than we were expecting. it costs just as much as other electric cars. so, it's much cheaper than the tesla model s, but mucher range than the elite. our bob redell has more detail in a live report coming up. but i wanted to go over some interesting numbers with you. tesla took in a reported 135,000 orders for the new model 3. tesla made 53 model s totals. that begs the question, how in the world is tesla going to fill all these orders. when it's almost three times as many orders as cars they made last year. 50,000 cars. that's what they made. that's not a lot. in fact y was talking to the guys over at the largest car dealer chain in the south bay. they own almost every dealership on capital expressway in san jose. they sold 35,000 cars last year. fords and bmws and what not. in other words, a dealership in the south bay sold almost as many cars as tesla did last year. >>> funny in the midst of all this we forgot about the iphone 5se. we went to long lines and mega coverage to, oops, we forgot about the iphone. >>> the best kind of friday. it's jobs frida

people are throwing cash at tesla sight unseen. >> well, kris and sam at least 130,000 people liked this car so much that tesla said they already put that 1,000 deposit down on the new model 3, which is as you mentioned the company ceo and founder unveiled last at an invite-only event at tesla's design studios outside los angeles. thousands of people lined up outside tesla dealerships yesterday to put those deposits down on this all electric vehicle that they can't test drive that hasn't gone to production yet. one reason the new model 3 is getting so much attention. the price tag estimated to retail at around $35,000. minus the $7,3500 federal reb e rebate. that is well under half the price of the previous tesla models. >> i'm glad they finally made an affordable one because i loved tesla since it came out but now i have a chance to get one. >> outstanding looking for $35,000. electric car. i think that's a good deal. >> i like the lines on it. they look very nice and clean. it has much different look than the previous model. >> i like that car. >> those were tesla fans checking out the mod

. >>> over the weekend, preorders for tesla cars hit 276,000.hey expected. they took in $276 million just over the weekend. the model 3 is the first affordable electric car with a base price of $35,000. it's not due out until the end of next year. >>> secret financial information into offshore accounts is being linked to politicians and sports stars all over the world. it allegedly reveals how the rich and famous hide their money. amy kellogg reveals what's in the panama papers. >> reporter: they publish a probe into the off-shore accounts of rich and powerful figures. 11 .5 million records. the so-called panama papers describe how celebrities and other wealthy individuals hide assets. >> we are a company with almost 40 years in the national market and international market, and we have never been found guilty of absolutely anything. >> reporter: some of the country's past documents. david cameron is among those mentioned as are close friends of vladimir putin. they're being investigated for possible tax evasion. >> it's one of legislation and ac

he says self-driving technology being tested in his fleet of tesla cars could be used in transit buses as well. >>> still ahead, with a flick of a spark, a massive sled leaves a cloud of dust and blasts right into the record books. what is that th >>> coming up on abc 7 news at 6, memories of prince. tonight the lasting impressions the singer made on workers at a san francisco club during a recent show, especially his shoes. >>> also, the changing sentiments about california's high-speed rail line and a first look at the plans that will transform downtown san jose. >>> and get the final word on steph curry and the warriors from mike shumann live in houston. >> all coming up in a half hour on abc 7 news at 6. >> now to the moment the air force smashes the world's speed record using magnets. >> two, one, zero, fire. >> there it goes. the vehicle left behind a cloud of dust as it accelerated at holliman air force base in new mexico. the air force used magnets and liquid helium to move this sled without it touching the ground. it reached a top speed of 633 miles an hour. the system gives t

ryan: brandwise, it is the car to own if you want to look progressive. viennan a teslaeek. i cannot say who it belonged to. francine: come on. it was simon derrick. ryan: it has to be a good car. there is some question about how good the car is. you have to make a lot of them. yeah, there are some question marks about that. francine: have you gone electric? simon: i love the idea of electric. series,e watched the e- the motor racing which is fascinating to watch. halfway to the race, they have to change cars because they have run out of charge. that is where the main problem is. ryan: you can get a battery with extra life. that is one of the options. $35,000 is a bit of a trick. 215 miles at least. simon: how long does it take to recharge? the: i don't know answer. it goes from 0-60 in six seconds. simon: that is only going to get me halfway up the motor -- in the u.k. francine: how many cars is it? ryan: mass market. cars ahas done 50,000 out year. that is the quantum leap they need to make. lotcompetition, there's a of competition. electric cars brand in the united st

at tesla, we don't make slow cars. >> elon musk finally unveils tesla's highly anticipated model 3. at $35,000 a pop with orders now surpassing 137,000. >>> good morning and welcome to "street signs." we are just an hour into trade here in europe, and sentiment has turned sour on this first day of april. as you can see, the stoxx europe 600 is off just about 1.5%. this will be its second straight day of losses despite some improvement towards the end of the quarter. overall, the stoxx europe 600 did end in negative territory. quite a different story from what we saw on wall street with that dramatic comeback. we'll talk about that more in detail in a little bit. meanwhile, let's get a view on how this loss is playing out. we have seen some concerns once again over basic resources, financials, some of the sectors that really picked up towards the end of the quarter. ftse 100 off just over 1%. the xetra dax and the cac 40 off by 1.6% to 1.7%. we've been watching data throughout the morning. a lot of data coming out here o

. >> tesla cars could be constructed in a site in france. site will shut down this year, and since thursday, a quarter million preorders have been placed, prompting elan musk he needs to rethink production mans. stock continues to climb, too. tesla closed at 255. and the dow endedup abust 17600. the nasdaq dropping by 50 points. >> gap clothing is apologizing for an ad that some people consider racist. this is the picture. gap kids tweeted over the weekend, some took offense to seeing one white girl rest her arm on the head of the only black girl in the picture. the picture was part of a fwab kids collaboration to aim to encourage children to follow their passions. the girls are all part of a dance group. gap issued a statement apologizing to anyone offended. this has been replaced with another photo of the girls on the gap website. >> stay with us. most of us want to stand up and walk when we are young. >> sometimes, it has to happen again when we're older. >> and next at >> i was injured in july of 2012. >>> arash's rehab includes this. >>

. >> tesla cars could be constructed in a site in france.nce thursday, a quarter million preorders have been placed, prompting elan musk he needs to rethink production mans. stock continues to climb, too. tesla closed at 255. and the dow endedup abust 17600. the nasdaq dropping by 50 points. >> gap clothing is apologizing for an ad that some people consider racist. this is the picture. gap kids tweeted over the weekend, some took offense to seeing one white girl rest her arm on the head of the only black girl in the picture. the picture was part of a fwab kids collaboration to aim to encourage children to follow their passions. the girls are all part of a dance group. gap issued a statement apologizing to anyone offended. this has been replaced with another photo of the girls on the gap website. >> stay with us. most of us want to stand up and walk when we are young. >> sometimes, it has to happen again when we're older. >> and next at wrely on the us postal service? because when they ship with us, their business becomes our business. that's

car? it can make an impact on cleaning up the environment. >> at tesla we don't make slow cars. >> reporter: speaking on stage in southern california, ceo elon musk said the model 3 will have five-star safety features in every category. autopilot hardware will be standard. and it can go from 0 to 60 in less than 6 seconds. at the santana row showroom, people happily paid $1,000 deposits to get on the wait list for a car they hadn't seen. why do you have to have a model three? >> because it is a pretty reasonable car. and it can be afforded by a large majority of the society. >> i love the cache, the things of being able to -- i can drive in a fast green car and it's still energy-efficient. so very excited about that opportunity. >> why buy one when you can buy three? tesla says more than 115,000 customers preordered the model 3 yesterday by making those $1,000 deposits. the deliveries start at the end 2017. stock in tesla -- the deliveries start at the end of 2017. stock in tesla is back where it started at the beginning of the year. >>> 4:41. the bay bridge series kicked off in san francis

families who need that third row. >> so a lot of families purchase this car and if the car is recalled, will tesla be required to give the loaner to get the kids to school? >> the short answer no. but we encourage drivers to request a loaner car especially if there is a safety issue. and often, they do oblige. frankly, there are not enough rental cars out there to give everyone one, but tesla is really good with customer service. i expect if someone would do that, it would be tesla. >> and this is a time when they are building the brand. >> i would say if you need that third row, ask tesla for a loaner. >> maybe you'll get one. >> let us know what happens. >>> on the health watch, scientists trying to tackle autism are using google glass headsets. stanford researchers have developed facial recognition software to help search for and identify kids' emotions, an ability lacking with autism. the results are encouraging so far. kids are better able to tell the difference between things like surprise and fear. >>> top u.s. health officials say that the zika virus is much scarier than thought and as cra

pretty exciting, cornell. >> hundreds of tesla fans converged on this showroom today to be the first to reserve a car that no one had ever seen before, until tonight, that is. >> it was a very big reveal. tesla's long awaited model 3 is here. an electric vehicle for the masses. ceo elon musk says the mid sized sedan will cost $35,000. seats five adults with fast super charging capablebilities and how the long range on one battery charge. >> the range will be at least an epa reed rating of 215 miles. >> self-driving auto pilot technology will come standard. musk says preorders for the car now top 115,000 worldwide in the past 24 24 hours. >> thank you, everyone, that order the car. we love you. >> the lines were long in tesla showrooms. at least 500 people waited more than an hour here to pay $1,000 to reserve a model 3. >> tesla is the only car on the road that excites me. i've been waiting years for a tesla to come out in my price range. >> i'm buying it sight unseen, but i'm trusting in ee long musk. >> only elon musk could get away with that. >> abc news technology contributor becky says tesla's m

pretty exciting, cornell. >> hundreds of tesla fans converged on this showroom today to be the first to reserve a car that no one had ever seen before, until tonight, that is. >> it was a very big reveal. tesla's long awaited model 3 is here. an electric vehicle for the masses. ceo elon musk says the mid sized sedan will cost $35,000. seats five adults with fast super charging capablebilities and how the long range on one battery charge. >> the range will be at least an epa reed rating of 215 miles. >> self-driving auto pilot technology will come standard. musk says preorders for the car now top 115,000 worldwide in the past 24 24 hours. >> thank you, everyone, that order the car. we love you. >> the lines were long in tesla showrooms. at least 500 people waited more than an hour here to pay $1,000 to reserve a model 3. >> tesla is the only car on the road that excites me. i've been waiting years for a tesla to come out in my price range. >> i'm buying it sight unseen, but i'm trusting in ee long musk. >> only elon musk could get away with that. >> abc news technology contributor becky says tesla's m

at least 500 people waited more than an hour here to pay $1,000 to reserve a model 3. >> tesla is the only carthe road that excites me. i've been waiting years for a tesla to come out in my price range. >> i'm buying it sight unseen, but i'm trusting in ee long musk. >> only elon musk could get away with that. >> abc news technology contributor becky says tesla's modeling plan was genius. >> it's bizarre that tesla would do their announcement at 8:30 at night but open preorders about a car nobody knows any details on in the morning. >> the delivery could be ready by late 2017. ab the c 7 news. >>> new at 11:00, hazmat teams took over an exclusive golf course, removed a box filled with chemistry lab equipment. someone left the chemicals and equipment in an isolated wooded area. police think they were using it for making illegal drugs. they say the box was far from homes and not a threat to the public. >>> petaluma police are putting out an alert tonight that there is a high risk sex offenser released in their area tomorrow. he finished serving his sentence. police say they objected b to his rel

tesla taking orders while the public takes notice. the model 3 is the iconic electric carompany's economy line coming in at $35,000 and expected to hit the streets sometime in december of 2017. >>> also in the news tonight, san francisco police officers caught sending racist and homophobic texts yet again. and now the district attorney says the problems in the department are bigger than the police want to admit. the chief says the bad officers don't reflect the entire department. and if they aren't gone already, they will be soon. >>> a health alert for the bay area. a new map from the cdc now places our region in the potential hot zone for the zika virus. with the possibility of infected mosquitos coming here, kpix 5's emily turner found out pest companies are very busy right now. emily? >> reporter: they very busy, very popular because everyone wants to know is it going to affect me? they have been out in the community spraying and treating standing water like this, talking to folks and they say, everything is okay right now. >> we are definitely busy right now. >> repor

this is what thousands of folks have been waiting for a brand new cheaper car from tesla, they unveileddan last night in california. and more than 115,000 customers have reserved it by putting down a $1,000 deposit. the model starts at $35,000 less than half the cost of tesla's previous cars. >>> the battle of two popular supermarkets, whole foods versus trader joe's, an analyst compared prices and said that trader joe's was 21% cheaper. trader joe's has the cheap here price on 77 of them. >>> people are getting measles shots on the go after an elementary school scare. a student showed up with the virus after traveling overseas. >> i hope it raises the awareness that measles is just a plane ride away. >> unvaccinated children were told to stay home to prevent the disease from spreading. >> the federal government says that the autism rate remains flat in rescent years. the cdc gets the numbers by monitor communities in 11 states including new jersey. methods are now identifying the correct number of children with it. >>> "action news" is working on news stories tonight beginning at 4:00.

we counted at least 400 people waiting to put down a refundable deposit. >> reporter: tesla is the only car on the road that excites me. i've been waiting for years for a tesla to come out in my price range. >> reporter: the price will start at $35,000 and won't be available until late 2017. >> a year and a half, two years, worth waiting for. >> reporter: the car could resemble a scaled down version of the model s, which has a minimum battery range of 240 miles. >> when you stepping into the future, you need to go with both feet. >> reporter: tesla plans to unveil the car tonight at a big event from its southern california design studio. we'll have a link at abc7news.com. cornell bernard, "abc7 news." >>> and as it prepares to release its newest model later tonight, it appears tesla is refining the safety of its first model sedan, the s. sky 7 hd was overhead while tesla was conducting test runs. >>> to make sure nothing crashes, tesla says online ordering for the model three will now open at 7:30 tonight instead of 8:30. as for what the car will look like, we'll show it to you you tonight

into these vehicles. >> it's a beautiful car like much of what tesla creates but until those customersn a purchase agreement they're not actually -- they don't actually -- are legally bound to purchase this car. what do the reservations actually mean? all analysts are saying it was a beat but that just means 100,000 plus people are willing to part with $1,000. >> well, that's a lot of money. that's not a small amount of money for a lot of people. it says that people want this car. it's a beautiful car. everybody that has them loves them. i have to say. the wealthy people i know that have them but this is interesting. you try to move into this market where it's more affordable. again it's not affordable for everybody but it's certainly moving into a space where tesla is trying hard to -- this is for their future they need to be in this larger space because you can't just sell these luxury cars. another part of it is theuper charger stations everywhere a how long these cars go. it's 215 miles that we reported that these things can go which is a tank of gas essentially. so a lot of the st

the washington post" reports that tesla wants the state's permission to open a story in the richmond area. they already have a store in tyson's corner, however, many caron't want to see a tesla dealer because of the law banning carmakers selling directly to customers. tesla has received special permission for a dealer's license. some of you have already spent money on the new tesla car, befe it last night. the company unveiled its model-3 electric car. it will cost $35,000 when it's released next year. compare that to some of tesla's other models which cost more than twice as much of that. >>> tesla, google, audi, lots of companies say they're working on self-driving cars, however, you may want to use a very long time to drive them. because not enough roads are in good enough condition for the cars to drive on. for example, faded yellow lines can confuse the company's self-driving cars. the companies say they are working on better sensors to handle all of the road conditions, but that takes a lot of time and it takes a lot of money. >>> it's april. a good time to clean out your house and maybe your phone, too? the average smartphone user has 95 apps i

. >> a recall tonight for a palo alto electric car maker tesla motors. the company is recalling the 2700 x model suvs but only the ones made before march 26th. the recliner in the third row collapsed during a crash test. meanwhile, better news for tesla, a make over for the model-s sedan is in the works, saying that it will offer new color choices, l.e.d. headlights

. >>> tesla car was debuted overnight it's time to pop the hood on that baby next in tech bytes. find fantasy shows. when it comes to the things you love, you want more. love romance? get lost in every embrace. into sports? follow every pitch, every play and every win. change the way you experience tv with x1 from xfinity. >>> good morning, everyone, taking a live look from our temple university camera at the ben franklin bridge. 66 degrees, so quite warm we are expecting rain throughout the day, maybe a stronger storm and getting up to a high in the mid 70s. so cancel all the rain it would be a great day. the rain spoiled everything. >>> instead my hair will just can you curl. let's talk about the traffic. >> reporter: we have disabled trucks out here giving us a delays, i wish this was a joke on this april fools day. this is the broken down truck at girard avenue and we're jammed southbound from the betsy ross bridge to girard and northbound between girard and allegheny. you want to think alternates, because these jams are not pleasant. 9-mile an hour. if you want to stay on ar

car? we have seen that with the other model tesla's or the average price is much higher than the basic list>> they have a choice, they can either have an affordable car that beats albany other competitors by every measure or , they can have a car that beats -- delivers a solid profit over the competition. they cannot have both of those things. the real question here with this launch, what we will look at, is which side of that equation are gecko --hey aired on erred on? are they going to continue to be the competition and build their brand by offering more for less or are they going to start generating profits at some point to support their ridiculously high valuation? i think you have to err to the latter. that threatens to disappoint consumers. >> the model s is so cool. even at $100,000 they lose money on every sale. what are they not going to put in this car? if you lose money on every sale, you cannot make it up in volume. despite the old saying. >> as great a product as the model s is, its reliability and quality has been like that. if you actually do the research on this vehicle, dri

car? >> yes. tesla'sceo is saying they need to rethink production planning. >> so many people have placed their orders for this, an incredible response. >> reporter: the numbers are extraordinary. 198,000 orders and going. the east bay economic development alliance says that means more jobs. >> a greater space. it's a car center now with parks. it's fantastic. >> the factory and showroom are in fremont. bill says at least 80 other companies throughout thefá bay area support tesla by making parts. >> the multiplier for every time a car is made by tesla is almost 2.2 to 2.5. >> other businesses across from the plant are happy to benefit from the employees who need a place to eat. >> we have been having people come in every day. now, it seems like everybody has been here, most of the factories here. >> it wasn't always like this in fremont. this day in 2010, the numi plant jointly owned by toyota and general motors closed. thousands were without jobs. tesla moved in and rehired some workers. the popularity o

it's being billed as tesla's most affordable electric car yet. it's similar to what you'd see at apple stores the day before a big iphone release. >> we probably had beginning when we got here about 3 to 400 people waiting in line. >> reporter: but this wait in downtown walnut creek is for a car. >> so people are lining up to actually buy the new tesla? okay. >> reporter: a vehicle they know almost nothing about and have never seen. >> nothing. i just came with my credit card and my checkbook. >> reporter: the model 3 doesn't go on sale until late 2017. but potential buyers like jared and his son were able to reserve the car with $1,000 deposit starting this morning. >> how long did it actually take to reserve the car? >> just a few minutes. >> reporter: with an estimated base price of $35,000 before government incentives, the model 3 is the most affordable electric car tesla has ever produced. about half the price of its current models. >> that's why this new model seems a little more friendly to us and our budget. >> the tesla price point vehic

. >> a lot of people have laid down $1,000 for a tesla car. the latest design i understand. >> it is supposed to bring technology to the masses and mark was there yesterday. we'll break that down. lots of coming up. julie is here to track your sunday weather forecast. yesterday turned out pretty nice. >> the day will be a little cooler. we do have an upper level trough moving in but maybe flirting with 90s for some spokes. starting out gray especially around the bay. temperatures near 50 for the most part as you head out the door. later on today, low clouds to start. partial clearing but cooler today. hot weather is on the way. if you're heading to the beach today, keep in mind coastal -- beach hazards advisory in effect for all coastal locations. keep in mind if you go into the water, there are strong rip currents and if you're anywhere near the waterings be possible of sneaker waves. >> >> temperature-wise today upper 50s along the coast. low 70s inland. i mentioned 90s coming later this week. we'll detail that in a bit. mark. >>> the search

from coast to coast electric ect car lovers stayed up late good tote the first look at tesla's s latestk at the new model three, four-door sedanedan and it was revealed ateale midnight.midnight. it's said to be tesla's car c for the masses.for th that's because the price tag pce is low, get this, for teslas,la just $35,000. >> only, yeah.>> >> and that's before possibleosl tax credits. credits tesla broadcast the first rideir in the periscope. that what you're seeing rightu' now -- that's whatre you're you seeing on the screen.ng on the e the model three is said to get t 215 miles on a single charge.glh >> wow. >> and that's about twice, getaw this, as much as tesla's main competitors the nissan leafisn f and the bmw i3. i it features two trunks for storage one in the front ande in one in the back.on even though the tesla modella three won't go into productionoc until next year, that's not yr,t stopping people from putting down $1,000 down payments to get the late of the new model. d would you do it? >> i can't because i can't fit f my whole crew in there. there. there's no way all five

car you have ever seen. but you know, it is a tesla and it is affordable. reporter: the model three hopes to compete in a lucrative mainstream electric car market that only keeps growing. in 2012, the market was worth around $84 billion. analysts predict that the revenue will grow to $270 billion by 2019. musk is facing stiff competition, however. leafn will release the later this year. general motors lunch the chevrolet volt, both in a similar price range could tesla expects to sell 85,000 cars this predictingalysts are maintenance issues would further operating losses. last year alone tesla burned through $1 billion in cash. last is banking on the model three to turn tesla's fortunes around. the company expects to sell half a million cars by 2020. markus: some economic news. the american recovery remains on track with the jobs market and manufacturing pointing in the right direction. the u.s. economy added 215,000 jobs in march, which seems to be a pretty solid figure, extending a good run in the past six months, as you can see right here. only in january

it is tesla's first car. production will not get under way until next year. eager buyers are lining up. josep guardiola went for a preview. >> the people in line behind me are not just fans, and are not here to see the cars. they are here to put done 1,000 in cash. they are not allowed to get another car for a year at least. it makes sense. it combeets with others at a starting price of $35,000. all of incentives and rebates, it is affordable. it guess you into the carpool lane. which is an enormous boom. >> for consumers, it's making sense. it represents the big challenge for this company. >> it marches through several models, and each one of those was a life or death proposition. this raises the states. getting by on a luxury segment of the market. and is trying to compete with regular automakers, and unlike the automakers that can sell boatload of cars. to fund the it. they do not have the luxury. basically it's trying to earn its place ranked among the highest valued automakers in the world. >>> the state department has apologised for what critical a tone

we will get behind the wheel to see what the car really means for tesla. ♪ . i am betty liu.nd i am caroline hyde. you're watching "bloomberg markets." let's check in with vonnie quinn. india sayscuers in there is no hope of finding any clearingivors after the rubble after the collapse a given overpass. 67 people were pulled from the debris alive and now the wreckage has been cleared. police are detaining five officials with the construction company hired to build the overpass. the world health organization says a new ebola case has been confirmed in liberia. the first case since january. it comes just days after officials say the outbreak the longer qualifies as an international health emergency. the deadliest people outbreak killed more than 11,000 people, mostly in sierra leone, liberia, and ginny. tensions ramping up between indonesia and china. indonesia will deploy fighters to the islands after chinese coast guard vessels clashed with indonesian boats in the area. other forces will be stationed as well. china claims 80% of the south china sea and that puts it in conflic