. >> up next, tesla sliding 6% this week after disappointing earnings report and that has dan grinning ear to ear. he'll tell you his next move after this break. more "options action" still ahead. ♪ guyhey nicole, happening here? this is my new alert system for whenever anything happens in the market. kid's a natural. but thinkorswim already lets you create custom alerts for all the things that are important to you. shhh. alerts on anything at all? not only that, you can act on that opportunity with just one tap right from the alert. wow, i guess we don't need the kid anymore. custom alerts on thinkorswim. only at td ameritrade. won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. and if you have more than one liberty mutual policy, you qualify for a multi-policy discount, saving you money on your car and home coverage. call for a free quote t

. >>> tesla sliding 6% this week after a disappointing earnings report and that has dan grinning ear to ear, we'll tell you more. ♪ guyhey nicole, happening here? this is my new alert system for whenever anything happens in the market. kid's a natural. but thinkorswim already lets you create custom alerts for all the things that are important to you. shhh. alerts on anything at all? not only that, you can act on that opportunity with just one tap right from the alert. wow, i guess we don't need the kid anymore. custom alerts on thinkorswim. only at td ameritrade. hi, i'm frank. i take movantik for oic, opioid-induced constipation. had a bad back injury, my doctor prescribed opioids which helped with the chronic pain, but backed me up big-time. tried prunes, laxatives, still constipated... had to talk to my doctor. she said, "how long you been holding this in?" (laughs) that was my movantik moment. my doctor told me that movantik is specifically designed for oic and can help you go more often. don't take movantik if you have a bowel blockage or a history of them. movantik may cause se

check out shares of tesla sliding more than 4% after goldman sachs downgraded saying shares could fallther 25% in the next six months. t shareholders suffered a major drop in the stock. a friend goldman sachs says is likely to repeat. you see the bands there. pretty reliable. >> he probably remembers the song by public enemy. don't believe the hype. when i think of tesla, they have major risks. financial risks, integration risks. the things about the attacks on the epa. getting at why a lot of people are buying the cars. so a choim had 76,000 in total deliveries now next year will be xlaming they'll do significantly more than in the model three. not in the model three. but we're get go development on deliveries in some of the different models. so what is this company, i know, at this point everybody is price in the perfection. >> i agree with the risks. the other risk is momentum risk in the stock. it is a significant fact or. i happened to look back. i think we have a chart. gm versus tesla. for the past year, a dollar in each he is worth within, i think, about 1%. a fascinate go char

and tesla shares sliding on thursday after investors digested the earnings reports showing the companyith their cash burn at a tremendous rate and continuing for the first half of the year. and the cfo is quitting. yet, tesla, shares trading closer to their all-time high. big believers in elon musk. considered part of the paypal mafia, which seems like, you know, it is not a real mafia. no whacking involved. tell me about him. how long did you work with him? keith: he had already been displaced when i joined the company. cory: so the online banking company, he briefly becomes the ceo at paypal and then departs, but not in gloriously. keith: i believe he is the largest shareholder at ipo, so it was a successful investment. we merged in 2000 and the market collapsed a couple days later. and he took over as ceo and stayed through august and then thiel came in, 2000 and september 5, really fixed the covenant. cory: what is he good at? keith: he shares of skills with steve jobs, being able to understand the business equation in a complicated area. and very few people can do that. there is b

. >> coming up, tesla's electric slide, the stock reversing much lower after last night's earnings report but is the dip a buying opportunity or a warning sign? >>> plus, president trump's treasury secretary making some very interesting comments about the stock market and it could have big implications for your portfolio. we'll tell you what he said. >>> and check out nvidia having their worst day in six years. why? because that man right there, the analyst at nmura downgraded the stock. he'll be here to tell you what has him suddenly so bearish. all ahead on a very busy "fast." join directv today starting at $35 a month. no extra monthly fees. it's your tv, take it with you. with directv and at&t, stream live tv anywhere data-free. join directv today starting at $35 a month. no extra monthly fees. >>> welcome back to "fast money." shares of tesla sinking more than 6% today, reversing its post-earnings game from last night. the reversal marks a two-week row for the electric car maker as investors digest the mixed quarterly results. is this reversal a warning sign after the stock's big run

time to talk winners and losers with our financial expert rob black loser: tesla shares slide more thaninc. shares fell more than 4% monday, after goldman sachs downgraded the stock to sell from neutral, citing near-term challenges including the launch of the mass-market sedan, the model 3. goldman is expecting the launch of the model 3 to be delayed and expects tesla shares to be pressured through the year by an accelerating free cash flow burn rate. loser: trump is already walking back his most important promise on the economy growing at 4% . . .donald trump rose to power in a surprise electoral victory promising a disaffected electorate that he could more than double the nation's rate of economic growth to 4%. barely a month into his presidency, trump's advisors have already downgraded that rather elevated forecast. loser: gop tax plans could eliminate popular tax breaks . . . when republicans say they want to lower taxes and get rid of loopholes to make up the lost revenue, they're talking about eliminating some very popular tax breaks enjoyed by millions of people. that's why makin

. >> reporter: nearby, a major mud slide is keeping the roads closed. on tesla road in livermore. >> this is probably the fourth time this year that they have closed tesla road. >> the road is closed down for flooding. >> reporter: this man left his home to get away from the flooding. residents are concerned but impressed by the water. >> i have lived here since 1955. a couple of times, it's gotten, not quite this high, but high. the rain keeps building and building. >> it's so much water. mother nature at her best. >> reporter: the canyon was closed just before 5:00 this afternoon. the water has come up to the roadway, there are also multiple small rock slides. >> so there is a flash flood warning in effect but you did not have any trouble finding people checking out the creek? >> reporter: they said that parts of the river are shored up. some of the homes in this area are higher on the mountain. but there is a concern about the road being next to the river through the canyon. that's where the concern is for flooding. >>> the largest reservoir in santa clara co

take -- has tesla taken an actual slide? >> to have. shares fell in aftermarket trading. e shares do well in an after earnings report. vonnie: we have a great chart. one of the stories about tesla's high being a new low because analysts say $48. thatmade be the first time has happened. certainly a record low for expectations. >> i think a lot of analysts feeling the stock is overvalued. obviously, since the election, elon musk has had a lot of meetings with donald trump. people are excited about the model three. a lot of investors want to hold onto the stock. vonnie: it is not seem to matter what analysts say. it is a wild stock. it is not trade like typical stocks. it is very much about the the company.ion of vonnie: what do you think will be to first question out of analysts mouth? short of saying what does solarcity me to your company, what hard data do they want? -- means your company, what hard data do they want? people will be digging through the analysts note and when the call happens it depends on what they say. they could say anything. people are going to ask abou

slides. and check out this giant sink hole in livermore. this is near tesla and cross roads. there is a massive sewer line that runs straight into a creek. >>> more road problems in the sierra. a portion of highway 50 near placerville is completely gone. juliette goodrich shows us. >> reporter: i'm standing on highway 50 westbound. the rain is now turned to snow. but directly behind me is where they are working on this hole in the road. 15 to 20 feet wide. it just buckled. now caltrans crews are keeping a watch on it for the past couple of weeks. overnight is when it crumbled and there are other parts of the roadway that could go as well. this could take several weeks, it could take several months to repair. so, right now, highway 50 is not shut down. just a portion of it is down to one lane in the eastbound and westbound lanes. so, for allover those skiers, the good news is that it is snowing but it will take some time to get there. along highway 50, i'm juliette goodrich, kpix5. >>> well, there is some good news tonight. chp santa cruz tweeted out this video shows traffic m

slides. >>> crews are working to repair a massive sink hole in livermore. it opened her tesla and crossroads. the hole exposed large sewer line that runs straight into a creek. no word yet when it will be fixed. >>> on the central coast, rushing waters have left people in big sur cut off from their communities and in a fix, some locals are paying for helicopter rides to get out. here's a dangerous scene at rocky creek. highway 1 is closed at the pfeifer canyon bridge. caltrans says that pfeifer canyon bridge will be tough to repair and those growing concerns -- there's growing concern that the trouble from the recent storms isn't over yet. >> there's maybe four culverts thanked wash out if they clog up and then we would see all -- welds be all trapped here. >> for those opting to escape big sur by helicopter, the price tag is $780 per ride to the monterey regional airport. >> this storm really affected all parts of the bay area with flooding, debris, mud slides. some breaks now. >> a little bit of a break. not only here in the bay area but along the central coast as well, thos

. >> reporter: nearby a major mud slide is keeping the road closed from niles canyon to caster valley as rocks continue to fall. on tesla road in livermore. >> this is actually probably the fourth time this year they have closed the road. >> reporter: the road is shut down between greenville and cross roads for flooding. cleaning out debris near his home to keep water flowing. >> we don't really get any flooding in this area, but we're fully saturated right now. >> reporter: residents near niles canyon are a bit concerned, but impressed with the deluge. >> like i said in 1955, at a couple of times it was not quite this high and not for so long. well with the continuing rain all the time it will keep building and building. >> it just seems like so much water. the road was shut down just before 5:00 this evening as they would rise onto the roadway with several small rock slides that needed to be cleaned up. in fremont cristina rendon ktvu fox 2 news. >>> a reminder now, you can download the free ktvu weather app in the very latest on the storm including live radar and an extended forecast for your neighborhood. >>> this i