tesla motors will rollout after the bell today. companies reported an adjusted loss to spending as it prepares to grow and investors also looking for more information about tesla's model suv and details on when the production will start. as far as tesla is concerned, 55,000 deliveries of vehicles are less than halfway to pump out more than 25,000 by the end of the year and some big believers which is worth noting. sandra: severe storms in the central plains. let's get a look at the forecast that fox meteorologist maria molina. reporter: we are tracking several areas across the nation in parts of the northeast that mysterious looking at a beautiful day out there but across parts of arkansas, missouri and further north and west across the northern plains you'll be looking at risk for severe weather with a small area across parts of northern new england scenes severe storms later this afternoon and this evening and even flash flooding being the main concern in the race continues for many areas. flash flooding will be a concern through

tesla motors is based in silicon valley. he splits his time every week going back and forth between the two, and then he is one of those people who keep to themselves, very much married to silicon valley and the tech lifestyle. supposed to be this tony stark type figure. he is more of a celebrity ceo. >> who is tallulah riley? >> his 2nd wife. this gets a little complicated. she is a british actress. i understand they are back together again.again. his 1st wife he had five boys with. he met her around 2,008. his companies were going through tough financial times. >> 's relationship currently with justine? >> they share custody of the kids and it is strained. >> you describe your book as before new line and after elon. >> i did a cover story and had gone to him and asked him. he told me he would not participate. he would do his own book were not cooperate. enough people were pursuing the book anyway and over time they go back and ask if he will talk. one day i get a phone call from him at home. i'm either going to participate

. >>> investors will be watching more earnings reports today, including time warner and tesla motors. the dow lost 47 points on tuesday. the s&p 500 was down 4. the nasdaq fell 9 points. >>> shares of apple stocks fell for the fifth straight day on tuesday. the slump is due to investor worries on whether apple can keep growing at a rapid price in china. the price of apple stock is at its lowest price in over six months. >>> nieman marcus is going public. they've filed for an initial public offering. the dallas company has 41 locations. it expects to raise $100 million from the ipo. in its last fiscal year nieman marcus had $4.8 billion in revenue. >>> two liquor makers in china are under investigation for spiking alcoholic drinks. the companies are accused of adding viagra to its liquor. it's illegal in china. >> something to rev you up and slow you down in one shot. sounds questionable. hena daniels at the new york stock exchange. thank you, hena. >>> it is not easy being green. a shocking celebrity split. under the helmet, rams running back todd gurley takes us inside training camp

tesla motors is boosting its stock offering to 2.7 million shares., they 2.1 million shares to raise $500 million. the net proceeds of $642 million. as well as giving itself a bit more breathing room as it repairs to sell the model x suv. crude oil is headed for the longest weekly decline since january. it has dropped 4.3% since august 7, bringing prices to their lowest level. he talked about electric cars. >> they have an interesting future long-term. it is a bit of a distraction for the oil market. you'll probably have more electric cars but the bigger impact today and in the years ahead, rising fuel economy standards. bigger impact on demand today and in the years ahead. mark: the market surplus will last through 2016. volkswagen is recalling 420,000 vehicles in the united states because of a problem with its front airbag. models including the jetta, the sought -- passat and tiburon models. recalling chevy cobalt in the u.s. and canada. prevent wiring could the driver-side airbag from deploying after a crash. those are your top stories in this hou

drive with a test tesla motors, and attend a session and visit the many exhibitors to learn about new and exciting products. it remains for me to take all of you for getting up extra early and joining us for this program. please join me in thanking our counsel. [applause] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national cable satellite corp. 2015] up, chris christie and then rick perry speaks at the state fair. later the discussion of the supreme court under john roberts. retired uss cole commander on the iran nuclear deal and his combat islamts to terrorism. then a look at the auto industry. later jason williamson talks about efforts to reform practices across the u.s. you can join with phone calls and comments. live every morning at 7 a.m. eastern. jimmy carter announced he has cancer. .ur coverage , the graveday night hunter documents his adventures visiting the grave site of every u.s. president and vice president. >> the one gravesite everyone has trouble getting t

and tesla motors, his electric car company where he's also the ceo, is based in silicon valley. they have an office in palo alto and also have a factory in fremont, california. so is he splits his time every week going back and forth between the two. and then he's kind of this, you know, most of the silicon valley ceos kind of keep to themselves, they, they're very much married to silicon valley and kind of the tech lifestyle. elon's a little more of like a hollywood kind of guy. he enjoys hanging out with celebrities. he's supposed to be sort of this tony stark type figure from the "iron man" shows, and he kind of revels in that a little bit. he's more of a celebrity ceo than we've seen in a long time. >> host: who is ta lula reilly? >> guest: well,, the -- this gets a little complicated. he's been married and divorced and remarried and divorced from her. she's a british actress, and then now i understand that elon and talulah are back together again. his first wife he had five boys with, and then ta ta lula is his second wife. he met her around 2008 when his companies were kin

tesla motors hopes to raise another $500 million with the sale of 2 million shares. the palo alto-based company says it needs the cash to accelerate the growth of its business. >>> on wall street, the dow rose a small amount and nasdaq fell less than a percentage point. >>> a six-year low on oil, the price fell below $42 per bashl r barrel today. and analysts say there is more oil than the world knows what to do with right now. >>> everest airline is announcing a flight from dubai to panama city, taking 17 hours and 35 minutes. the flight will begin in february. >>> a bay area research team is on t on the trail of a technique they can hope can rejuvenate >>> millions rely on drugs, surgery, or a heart transplant. but what if there is a way to rejuvenate a failing heart? for the last several years, this team has been using stem cells to create living heart tissue in the lab. but using those cells to bolster damaged hearts proved difficult in animal testing. >> we've had a lot of trouble in getting those to survive. >> now, the team turned to a new technology showing e

allison: steve: tesla motors can brag about being good drivers, the best score given to this car, it doesn't come cheap, it cost $127,000 and it's quite a status symbol. allison: you could get a call from clint eastwood's production team. they are looking to have a place to shoot for the new movie, sully. it depicts sully sullenberger landed his plane safely on the hudson. steve: zac efron is playing a dj in his new movie. our reporter spoke to him about getting ready for the role. reporter: he's an aspiring djs searching for his voice. >> what would it take for each of you to find your own creative voices. >> i started doing theater auditions and playing piano and dancing and doing tap class and things like that. all that was perceived to be really ridiculous to my friends. >> that commitment paid off when the world got to know him in high school musical. >> what kind of challenges did you face. >> i took a step back and i tried not to jump into anything too soon. i really wanted to work with directors. >> and this creative evolution continues. >> it's like, i have to think back. >>

. >>> tesla motors is planning new stock offering hoping to raise $500 million. tesla says it needs the cash to accelerate the growth of the business. the third vehicle model x suv goes on sale in a few weeks and working on a lower cost electric car and is building a battery factory in nevada. >>> big bird, bert and ernie heading to hbo. the nonprofit behind the 45-year classic children's show partnered to air the next five seasons. the collaboration gives sesame street critical funding. it will allow for nearly twice as much new content each season. the program will still be available to pbs which has aired it since 1969. >>> a big announcement for fans of the movie "inside out." disney and pixar announced the movie will be available october 13th and will have a short called riley's first date. >> is riley here? >> red alert! boy, boy, boy. >> the short features the reaction of riley and her family as the young boy shows up the front door for what could be riley's first date. an exclusive preview aired on good morning america today and we have a link. disney is t

sandra: big names with earnings after the bell including tesla motors in the premarket trading sessionafter the electronic carmaker will produce 12,000 vehicles in the quarter. alsos guidance with deliveries for the company reported a narrower than expected loss for the second quarter and better than expected adjusted revenue. fitbit tumbling 13% in after-hours trading after set margins fell in the second order due to higher spending on new products. the maker of wearable fitness tracking devices added that it does not ask its margins to improve for the rest of the year. that is overshadowing results in the first quarterly report of a public company. fitbit ceo will be a guest on "varney & company" at 10:45 a.m. eastern. curate green martin coffee plunging 30% and the premarket session. thirty-two dollars drop we see. the company forecast for adjusted earnings per share will come in sharply below forecasts. it also plans to cut its workforce by 5% for the estimate. planet fitness gearing up to go public. lauren has a preview. lauren: planet fitness will start today. it also gives you f

tesla motors hopes to raise another $500 million with the sale of 2 million shares. alto-based company says it needs the cash to accelerate the growth of its business. >>> on wall street, the dow rose a small amount and nasdaq fell less than a percentage point. >>> a six-year low on oil, the price fell below $42 per bashl r barrel today. and analysts say there is more oil than the world knows what to do with right now. >>> everest airline is announcing a flight from dubai to panama city, taking 17 hours and 35 minutes. the flight will begin in february. >>> a bay area research team is on t on the trail of a technique they can hope can rejuvenate hearts. >>> millions rely on drugs, surgery, or a heart transplant. but what if there is a way to rejuvenate a failing heart? for the last several years, this team has been using stem cells to create living heart tissue in the lab. but using those cells to bolster damaged hearts proved difficult in animal testing. >> we've had a lot of trouble in getting those to survive. >> now, the team turned to a new technology showing ea

. ♪ alix: tesla motors reporting today after the close. marginally as wall street expects it to reported quarterly loss of $.59. edward niedermayer joins us now with a preview. what's the number we ought to focus on? edward: anyone who focuses too much on just a profit number in this stage of the company's growth, doesn't understand. what investors should probably be looking at with tesla is their deliveries and generally their ability to introduce new models and to scale up. now, tesla is behind on its goal to meet 55,000 deliveries this year. that is a real cause for concern. it shows there are real challenges with scaling up. alix: and the total for the year is just over 20 thought -- 21,000 so far. what pressure is this putting on the back half meet the 55,000 will? edward: i think it's huge. tesla says this is an issue of production constraint. i think they think that is a positive spin on the situation because it implies that there is more demand for their vehicles. but i actually think that is a warning sign. scaling up production w

netflix was hit pretty hard, their shares down 7%'s tesla motors fell 5% and is now more than 20% off its high. >>> an apology today from the people who run the napa wine train, coming after a woman's book club was booted for allegedly being too loud. they triggered their hash tag. >> in all these years this black woman's club has been together they say they have never been asked to leave an establishment. >> we are a group, we have been respectful. we go to fine dining establishments, which is what some people want to call the napa wine train. >> she said they were about as loud as any group of 11 people would be if they were having fun on a saturday. so they were shocked to be escorted off the train and be met by police at the st. helena station. and they were shocked to see this facebook page from the wine train now deleted. it read, following verbal abuse towards staff it was necessary to get the police involved. >> that is absolutely untrue. >> the pr consultant sam singer has been hired as a spokesperson for the napa valley wine train. he said that post was a mistake, saying tha

. >> he created spacex, the private rocket company, and launched tesla motors, one of the world's first all-electric sports cars. musk is married to a model, and when he's not busy being one of the world's greatest living inventors, he spends his time jet setting and dabbling in other extreme sports like kite boarding. he shared his day with the wing walking team in hampshire, i think land, and one very supportive wife. she even took this photo, which musk posted to. it said, "went for a nice wing walk. what could possibly go wrong? ". >> and we have rockets on our docket. a high school science lesson that really took off. and a live look from the tam cam, showing you some sparse clouds still there on the horizon. lisa argen will be along shortly with the full accuweather forecast. >> a dancer in miami is not letting rejection get him down. take a look. that is keith wilson, the only man to try out this year for the miami heat dancing squad. his audition is an online sensation. wilson, who is also a dance instructor, said for him it's not about breaking social stereotypes, it's about hi

. >> and tesla motors, take a look at that stock, liz, up almost 2%. company going to sell what?llion worth of stock? >> $50 million worth of shares. now, the market decides that it sort of likes this news, tesla, the hot electronic car country run about elon musk. but you have to look deeper into this and that's exactly what we're going to do in the top of the hour and the next hour we're going to do a full debate. but this is one of the most enjoyable car companies to follow and watch because there's never a shortage of news and controversy. >> yeah. $500 million worth of stock, elon musk says i'm going to dive in the water first. i'll buy $20 million of it. >> that's going to be a really good debate, liz, because some people love him, some hate him, there's both sides of the aisle on that one. >> he's an innovator, he's here in america, he's doing it here, he's employing people, we shall see. people get upset about the tax breaks, but we shall see. >> yeah. we'll see you at the top of the hour and that's just ten minutes away. >> coming up after the break, jeff flock is talkin

african canadian american business magnate has created a private plane company, paypal and launched tesla motors. musk is married to a model and when he's not busy being one of the greatest living inventors, he spends his time jet setting. on saturday, the daredevil/mogul, sharing his latest death-defying day off with the wingwalking team in ham shire, england. the wife took this photo, which musk posted to instagram, went for a nice wing walk, what could possibly go wrong? i enjoy a little stomach rush, a little crazy roller coaster. sitting on the outside of the plane is one of the last things i'll ever do. >> are you sure? >> even jumping from it is more fun than sitting on it. >> ron. >> got to be some connection between his desire for thrills and his business success. >> you're always looking for something. >> it's out of boredom. >> you're very successful. >> she is. >>> and as we said yesterday, rob marciano has the weekend off. we once again welcome julie durda back from our miami station. >> we're expecting severe storms yet again for a place that does not need anymore. reports of 80 mo

so you can easily master the way you bank. 134 tesla motor showed off video of what could be the chargerhow charger of the future. it shows a snake like contraption that could automatically plug itself that an electrical vehicle. escapey isn't it. the video was posted on tesla twitter account. entire process requires no human effort. tesla ceo musk announced in december that his team was working on this gizmo. no word yet on when you can buy the slithering charger. >> coming for news yes. >> all right. time for check on our weather. what a light show outside. >> getting some really great shots now. time lapse from the morgan hill area about an hour ago. >> video courtesy of p tz tv and web cam. here's sandhya. i just saw lightning on our mount cam tam and show you copler 7 hd and reports of lightning from pleasanton area to san jose. i take you closer here. there are numerous lightning strikings right around the mount hamilton area. as a matter of fact as i just clear this i show you how many strike 45 striking so far and really the cluster of thunderstorms are holding together heading p

different way of exciting than donald trump, but disappointing to tesla motor investors because he said electric car company won't deliver as many new cars for the entire year as previously thought. yeah, i wore the dress to match the car. but is the street overreacting? is tesla still the car company of the future, just going through a slight blip on the radar screen? we take it up next on countdown with the one guy who downgraded the stock in advance of the bad news. how did he know? ♪ ♪ ♪ ♪ liz: 46 minutes before the closing bell rings. unlucky 13, fitbit dropping 13% right now, nearly 24 hours after reporting its first earnings as a publicly-traded company. the wearable fitness favorite reporting its highest quarterly revenue in the company's eight-year history, that's amazing, right? why is the stock selling off? because the company reported narrower margins than a year ago. this is classic of people who want it immediately. this company's going to be around, right? so you've got to give it time. not today. and even worse, look at the coffee turning cold over at cure rig green moun

the question of what happens long-term, plays into the business model of tesla motors and elon musk. fact we have gas under $3 a gallon for the next couple of years does that put the kibosh own tesla's plans for mid-sized car. $100,000 cars made be okay but mid-sized cars. cheryl: lori, her mic is up and running. we're good to go. talk to me about the model x and talk about the numbers and can he do it really quickly? >> second quarter only projected 10 and 11,000. elon musk said we'll do 55,000 vehicle sales. less than halfway through the year, not looking promising. the share price is up 20% year-to-date. we're looking for third consecutive quarterly loss, a loss of 60 cents. little changed changed in afters ahead of this report. a lot of people are anxious to hear this. this in a lot of way as make-or-break quarter. you recall in the spring, elon musk announced power wall, unveiling of backup batteries for your home, business, green revolution. 270 is close. a little lighter. there was a big volume burst on shares at 2:00 eastern. there was some talk, question whether there was ear

. >> catherine: >> pam: tesla motors has a grander plan beyound electric cars.when kron 4 news ♪ ♪ ♪ it took serena williams years to master the two handed backhand. but only one shot to master the chase mobile app. technology designed for you. so you can easily master the way you bank. check this out. with xfinity home we get 24/7 professional monitoring and video monitoring we can watch on our own tv. that's way better than our old security system. [metal clanking] [chip crunching] [baby crying] don't be old fashioned. xfinity customers, add xfinity home for $29.95 a month for 12 months. plus get a free security camera. call 1-800 xfinity or go online today. >> gary: role of the highlights explanation plant >> gary: they have to combat...hunter pence! >> gary:6th endings one run! >> gary:he thought the ending was over! >> gary:6'3! now i have to go to grant. he's watching the giants game. >> diane: >> gary:pam, its 6'3 ...6/3 giants >> gary: well, keep me updated! >> gary:he's off to a great start. a big fellaw name campbell. >> gary: he's goingto be a dominat

and 48% would actually be tesla motors.t's interesting to think that event projections in the most bullish scenario, this imaginary business which he says will be announced soon, it will be announced soon, is almost going to be as big as their core business. >> well, nobody gets more of a free pass than tesla in terms of stuff they might do in the future. that obviously is in terms of production first and foremost which is something i think is still out in the open. the stationary storage -- i've said this before. that was what got me a little more excited about the stock. it was something that added 25% on to the eps for a lost analysts by 2020. i think that's in the price. i think the stock after it gets this momentum out of the way is heading back to 220. >> i would just adheres a company that's got a $33 billion market cap and i think a lot of that is based on what they will do in the way off future. so to me if you have a very long-term time horizon i think you can envision a stock that's two times of what it is right

. >> the private rocket company, paypal and launched tesla motors one of the world's first all electric sports cars. musk is married to model tallulah riley and when he's not busy being one of the world's greatest living inventors he spends his time jet setting and dabbles in other extreme activities like kite boarding. on saturday, the daredevil /mogul sharing his latest bright wing wing walking team in england and one supportive wife. she even took this photo which musk posted casually writing went for a nice wing walk. what could possibly go wrong. sara haines, abc news, new york. >> that makes me nervous. >> i mean the guy is brilliant but if you're worth $13.2 billion, i'd be living in a bubble. >> i wouldn't go anywhere. wouldn't step out. >> certainly not like that. >> did you know that he divorced his wife and then remarried her a year later? he's used to wild rides. >> that's living on the edge. >> don't miss our updates on facebook. we'll be right back. >> don't miss our updates on [001:27:53;00]

complementary head shot and chat with the team for your technology questions and sign up for a drive with tesla motors and visit with the learning lab to learn about new and exciting legal products. thanks for getting up extra early for this fabulous panel. [applause] [inaudible conversations] it is really not making sense. why were we held hostage? i didn't go >> why were we held hostage? we did not go anywhere. why were we held hostage and not allowed to rescue our people? we have proof of its. why was that the case? day you know, what i am from the '60s called the police i will stop talking when i have the messages from my community that is the only reason i am here. i did not come here to represent me i did not come here to represent dyan french cole. but those who are sitting on the street right now around a brick made fireplace because that is the only key to we have in december when the hurricane happened in august. somebody needs to hear why are five and a thousand people spread over 50 states is a question my neighbors want to know. >> it is not for us to say if it should be rebuilt or not. i

tesla mobility could be something that will almost be as big as tesla motors, as adam jonas puts forth see it that way. i'll see what will drived stock, as what drives any stock, is the sales of the product as they roll out new models, as they have the model x coming, and future models, and sell more cars. whether it hack the self-driving or computer driving capabilities can be an option in that car, as it will probably be an option in many cars. i don't know if that's the pure driver, as much as it is the quality and the features and the performance of the car that is the driver or the seller of the cars. >> again you have a neutral on the stock. do you think investors could shook add this stock ahead of the model launch? >> i'm excited about it, i think it will be a great car and do very well. i think the stock is up today because they closed the financing for an amount greater than they originally wanted to go to market for. i think that's also positive. so people may have concerns, so the fact that they have can consist listenly raise more and more money is positive, and i think th

drive with a test tesla motors, and attend a session and visit the many exhibitors to learn about newnd exciting products. it remains for me to take all of you for getting up extra early and joining us for this program. please join me in thanking our counsel. on today's washington journal, retired commander kirk lippold on his criticism of the iran and deal interview on efforts to combat islamic terrorism. lunch, guest is not former missouri governor and american auto council president. and jason williamson from the aclu on his organization's efforts to reform police practice across the u.s.. last week former president jimmy carter announced that he has cancer. today he gives us an update on his condition. our live coverage starts at 10:00 a.m. eastern here on c-span. this weekend on the c-span network, politics, books, and american history. on c-span saturday, live coverage of the iowa state fair continues. we will year from republican governors chris christie at new, then bobby jindal at one of rpm. and sunday evening at 6:30, wisconsin republican governor scott walker holds a town

tesla motors is partnering with air b&b. the host will get the 750 $750 chargers for free, but have to pay the $900 inc. place cost. >>> if you have an iphone 6 plus and are taking blurry pictures, you're not alone. apple is recalling a bunch of phones over a defect with the eyesight camera. it affects phones sold between september and january. customers can have the cameras replaced for free. >>> one thing people in the garden state are not prices. some parts of new jersey, a gallon of regular now cost under $2! cbs 2's ilana gold explains. >> reporter: at this seven- because of this. >> what do you think when you saw this sign? >> that it was incorrect. >> reporter: at $1.99 a gallon both here and at the speedway across the street, they're not cringing. >> that's excellent because i $500 a week in gas. i got a company so this is very good news for me. >> i used to spend $100 a tank. now it's $50. it's wonderful. it makes it a pleasure to drive again. >> reporter: aaa says it's unusual for the prizest to be this low here, b

shares of tesla motors taking ahead. slicken the stock.kers posted a bigger than expected loss in its most recent quarter and lowering sales forecast through the rest of the year. keith mccullough and sandra today, sandra smith and his lack's most recent quarter. what does this tell us about electric cars or is this just a tesla problem? >> is an expectation problem. a lot of these stocks are big expectations stocks and that the end of the day you did in line by line, it says led didn't look at it but i assume stocks indicated down 9%, yesterday's was the biggest market cap loss for disney ever so people are really getting caught up in these charts and if they don't do something perfect than the stock falls. maria: disney has been up so long. looking at as law, robert w. baird spoke for the analyst community, this caught us by surprise. elon musk talking about the fact they are going to have 5,000 less cars in 2015 than forecasts, 5,000 less cars, that might not sound like a huge discrepancy or huge difference but it is calling into questi

visit with the aba team for answers to all of your tech questions, sign up for a test drive with tesla motorswhich sounds like, by far, the most enjoyable part of this, and attend a session in the aba learning lab and visit with the many exhibiters to learn about new and exciting legal products. >> thanks. >> so with that announcement, and it does say thanks, exclamation point, thank all of you for joining us for this fabulous program. and please join me in thanking our panel. [applause] >> while congress is on break this month, we're showing booktv programs normally seen weekends here on c-span2, and tonight it's books by presidential candidates. rick santorum discusses his book "blue collar conservatives: recommitting to to an america that works." also bernie sanders, his book, "the speech: a historic filly wasser on corporate greed and the decline of the middle class." we'll also hear from are jeb bush and "immigration wars." it's booktv in prime time tonight at eight eastern here on c-span2. >>> also coming up this evening, democratic presidential candidate vermont is senator bernie sande

tesla road. carnegie motor cross park has been evacuated as flames continue to spread, consuming more than 500 acresook at the flames and smoke coming off of it. we have seen one home on fire, and possibly other buildings burning within that thick smoke. fire broke out just before 3:00 and has been spreading quickly ever since. look at the huge flames there. now, we'll keep you updated on twitter on abc7 news bay area and here on the air, as well. if you're a safe distance and have photos or video do post witness hash tag abc7 news so we can find it. >> viewers are sharing their perspective by posting photo was the hash tag abc7 now. jody tweeted this photo from southeast livermore. you can see the smoke clearly from that neighborhood. thank you for sending it. here is a picture from brian, the neighborhood not too far from the fire. we appreciate brian tweeting this photo. >>> the state's top leaders came to oakland to rally for a plan to fix california's crumbling roads. jonathan bloom is live nearby with more. jonathan? >> reporter: as drivers sit in traffic on roads covered in cracks and pot hol

tesla road. carnegie motor cross park has been evacuated as flames continue to spread, consuming more than 500 acresook at the flames and smoke coming off of it. we have seen one home on fire, and possibly other buildings burning within that thick smoke. fire broke out just before 3:00 and has been spreading quickly ever since. look at the huge flames there. now, we'll keep you updated on twitter on abc7 news bay area and here on the air, as well. if you're a safe distance and have photos or video do post witness hash tag abc7 news so we can find it. >> viewers are sharing their perspective by posting photo was the hash tag abc7 now. jody tweeted this photo from southeast livermore. you can see the smoke clearly from that neighborhood. thank you for sending it. here is a picture from brian, the neighborhood not too far from the fire. we appreciate brian tweeting this photo. >>> the state's top leaders came to oakland to rally for a plan to fix california's crumbling roads. jonathan bloom is live nearby with more. jonathan? >> reporter: as drivers sit in traffic on roads covered in cracks and pot hol

: they are still going to spend $1.5 billion in 2015 on capex up, 15% of what general motors invest. yes, tom, teslaontinues to rack up losses. you said earlier you think that increasing the size of the share offering suggest investor appetite. i don't know. elon musk needs to spend a whole lot more money. lot more expensive than you would of thought. tom: what is tesla, a growth stock, a blue chip? quincy: no. it is a unique gem. i have to say with oil prices coming down and the expectation it could come down to 30, you have got to ask yourself come is it that exceptional that i'll buy tesla? john: it is a concept stock. [talking over each other] tom: outside the hospital waiting for olivia to get out, a blue tesla went by. and i said, so what? john butler. thank you on apple. well.la as coming back in our next hour, we will take a 65,000 feet view with ken feinberg. we will talk about his job on oil. we will talk about executive compensation. and i want to speak with ken feinberg about edward kennedy of massachusetts. stay with us on this friday. worldwide, this is bloomberg "surveillance" ♪ tom:

tesla. it is the craziest car. you try to figure where the motor is, and you can't find one. yet lady, what i want to tell you is i want to compliment you on carrying about this and coming here today. you know why? you have to stand for something. when you are fighting for a cleaner environment, you have more meaning in your life. and, you are onto something. i tell you, i'm committed to this. i have 15 year old girls. lake erie, we have to fight with everybody to make sure we didn't put manure in it to create algae blooms. cap to do it with reason, carefully, and consistent with people doing work. this is like the price is right. you were so excited. come on down. >> i am from new hampshire. john kasich: i was just there. >> my question is if you are pro-life, and you become president of the united states, what will you do to stop the holocaust that is happening in the united states right now in the killing the unborn and dismantling of the baby five? -- baby pot? john kasich: people are aghast at this. >> god bless you. john kasich: i have always been pro-life. i do believe

tesla -- the craziest car. we are trying to figure out where the motor is and there ain't one. but it only goes to hundred miles -- 200 miles before running out of fuel. young lady, i want to compliment you for coming today, because you have to stand for something. when you fight for a clean environment, you have more meaning in your life, don't you? that is why i'm proud of you for doing it. and you are onto something, and let me tell you, i'm committed to this, because -- i have 15-year-old girls. we are cleaning up late -- lake erie. we've got to fight everybody to make sure we didn't put maneuver on frozen ground that could create algae blooms. we are on all of this. but we've got to do it with reason, carefully, and consistent with people having work. yes, ma'am? this is like "the price is right." you are so excited. [laughter] down!ome on >> means a lot to me. i am from gary, sure. gov. kasich: i was just there. >> i saw you. gov. kasich: the school thing. that was fun. >> if you are pro-life and become president of the united states, what will you do to stop the holocaus

betty: and jeff con -- tesla was dominant as an auto company, but some of the other auto companies -- matt: i talked to people from ford and they were heading down. i'm sure general motorshe cto down there. it is pretty much the place to be now for businesses that are concerned about cyber security. and most of the biggest ones are, obviously. especially carmakers, because if you -- if computers are controlling steering, breaking, acceleration, ignition, you can control a car if you can hack into those systems. betty: and journalists keep track to do it and publish reports on it. that will be a big win for these auto companies. , you and i love talking about -- matt: even more exciting. betty: elon musk went for a lock on his vacation during the weekend. no ordinary stroll. they walked on the wing of a flying biplane. matt: his wife did, too? betty: yes. his caption on his instagram photo was " what could go wrong?" nothing. is fairly safely if they let anyone do it. it looks awesome. betty: looks very spider-man there. matt: i would definitely want to do that. betty: i would pass. if i was an investor in tesla, what would i say about this, that might ceo is wing walkin

tesla haters said aha, they're having problems with their p-85 d. not too many ratings, look at the rating they've given that car, a 100, mainly because the dual motorser performance and it means greater efficiency. here's jake fisher with "consumer reports" explaining why this car is so impressive. >> it really does almost everything better and it's something we all right used to seeing from cars at all. it's more like something you see in electronics. so it really kind of blew up our system, really. it scored actually above 100 before we actually had to make some changes to our scoring system to account for this car. >> actually scored 103 and then they had to modify the calculations. tesla when we notified them about this said the model s being the first car to receive 100 out of 100 points is a testament to our toward give our customers enhancements in range and performance and value and ultimately a better driving and ownership experience. you might be saying how many cars have rated close to 100? here are the top five models ever tested by consumer reports over the last 80 years. you see the two tesla models at the top there. followed by bmw 23

generally been holding up relatively well relating to general motors and the other stocks over the last couple weeks. even it is down 2% today. tesla, a pure momentum stock in many ways, down 9% in the last two days, down almost 3% today z it trades at $236. the one stock up is fiat chrysler. this stock has defied conventional wisdom, down on up days, up on down days. that's the case today. fiat chrysler up a little more than 1%. >> the dow is still down 270 points. but i want you folks to watch the russell 2000. that is a big index of mostly small cap and nearly entirely domestic u.s. stocks. it is down but only .3%. the dow is down 1.7%. if you're talking about a global route and currency concerns, many investors may be looking to those companies which sell and buy only right here in the good old usa. the res sell 3,000 or 2,000, it's only down .1%. could it tick higher? anything could happen. right now the dow is down 280 points. let's take a look at the s&p sectors as we go to break. it's a sea of red, but there is a little bit of a feeling of a comeback here as well. all in all it has been a heck of a week. after the break we'

motor company is betting big times on technology. >> yeah. they have been for a while. >> as he does in detroit, the consumer product show and all of that. you know, it's happening. >> i'm sure teslathey're a tech company as opposed to -- >> i call tesla a tech company. >> yeah. i'm sure they consider themselves a tech company. we've got to run for a while we've got plenty more and we'll get more on the panel to talk about these big issues that coming up. melissa. >> tropical storm erica hitting the caribbean island hard bringing in massive rain and flooding. the storm is expected to gain strength as it barrels north this weekend. florida's governor rick scott alerting his state to the potential impact. >> we're going to prepare for the -- hope for the best, prepare for the worst but get ready. make sure you have three days of food, water, make sure you have your medicine. think about each and every family member. >> fox news chief meteorologist rick is standing by in the weather center with the latest on erica's path. rick, i'm supposed to head to the bahamas on saturday. >> really? >> yeah. >> sorry. don't go. i hate to tell you. i wouldn't go. i don't even know that your flight

tesla model s p-85d. that is the high-performance version of the model s. because it has dual motors it can do so much more. it got the highest score ever according to "consumer reports." greater performance because of those dual motors. and extremely efficient. here's jake fisher with "consumer reports" talking about why this car is so special. >> let's be frank. this car is $130,000. this is not a vehicle that a lot of people are going to be able to buy. but what this is is this is a glimpse into the future of the automotive industry, a future where cars are going to be extremely energy efficient and extremely fast and extremely comfortable and roomy and give you all the features and safety features and electronic features you want. >> in short, "consumer reports" was blown way when they were testing this car. we had a chance to drive the p-85d last winter. the reason we drove it in the winter time is with the dual motors and all-wheel drive the performance is something else, especially in snow which a lot of people don't associate tweslas. it is thain sane mode that gets attention