the location deliberate outside of a tesla store. >> we have the. >> power to break. >> tesla, which is where. >> most of. >> elon musk's wealth comes from. we have. >> the. >> power to. >> undo it. we have. >> the power to not. >> cooperate. >> the same day as that protest in san francisco, there was a really big protest outside the washington, dc headquarters of spacex of elon musk's space exploration company protesters blocking traffic and shutting down the streets there. >> hey hey ho ho! >> elon musk. >> has got to go. >> some new video tonight. as demonstrators marched to the. dc headquarters of elon. >> musk's spacex. >> protesting what they. >> call his takeover. >> of government, calling it a direct. >> attack on the american people. >> this is a look at the march towards. >> the spacex. headquarters in. >> dc. about two blocks away from the. >> wilson plaza. >> in downtown. and these protesters are chanting, right now, elon musk has got to. >> go again. that's just over the last couple of days in washington and in texas and in northern california. but the world headquarters

it's one of a lot of protests we have seen. >> at tesla. >> showrooms and tesla dealerships, both in in red states like texas and in blue states. this, for example, was wednesday this week in in san francisco, northern california. >> the message. >> for musk tonight, a protest. outside a. >> tesla showroom in san francisco. people frustrated and fearful. >> of the future. >> ready to stop what. >> they're calling. >> the looting of public services to. >> benefit the ultra rich. >> it is part of. >> a nationwide. effort to push. >> back and save services as layoffs and cuts continue in dc. nbc bay area's gia vang. >> is. >> in san francisco. >> this corner of van ness and o'farrell, taken over by federal workers and allies. the location deliberate outside of a tesla store. >> we have the power to. break tesla. >> which is where most of elon. >> musk's wealth comes from. we have the power to undo it. we have the power to not cooperate. >> the same. >> day as that protest in. >> san francisco, there was a really big protest outside the washington, d.c, headquarters of spacex of elon mus

which are legitimate opportunities for tesla.em but i live in santa monica and every day i drive there's wamo's doing well. they're driving perfectly, taking rides from uber. we will see this in uber's numbers which we now don't own uber because i think waymo is a wonderful opportunity for investors and it's way better driving than tesla. i would say with the decline in google today, that's an opportunity for investors because that's a reasonably priced stock with things like waymo that could be worth a ton of money in the future. they're launching in austin, it's almost like spitting in musk's face as he is pitching a robo taxi that doesn't work and waymo is successfully rolling out robo-taxis. this is a real competitor. caroline: we getting outlines frommal fa alphabet over how many rides. ross, great to catch up with you. thank you. coming up we will be joined by sarah guo of conviction. we will be discussing the state of a.i. investing. that's coming up next. this is "bloomberg technology." ♪ caroline: this is "bloomberg tech

back to elon musk and tesla. san jose state professor who specializes in tex, tells us that he expects tesla sales to drop here in the united states, according to the california new car dealers association, tesla sales dropped 11.6% in q4 of last year compared to the year before. and tesla sales in europe have declined sharply. we did reach out to tesla for comment, but have not yet received a response. reporting live here in dublin. bob redell, nbc, bay area news. all right, bob, thank you. and immigration institute of the bay area wants to make sure that you know your rights if you're detained or even questioned by ice. qr code there you see on your screen, it's going to take you to their red card, which you can print out. now they are available in eight different languages, including korean, farsi and spanish. all right, let's take a live look outside at san jose. there's some little cloud cover there, but it is not the kind of clouds that we had last week that were just, like, wringing us dry. yeah. so last w

we were here together. >> they tesla. reported earnings. >> margins were a disaster. >> the worst. >> margins in over five years. and i said to you that. >> night. >> if we had played the game. >> if you had told me last night this was going to happen, where's the stock? i said it would have been down $50. it was not. as a matter of fact, it got up to about 415 or so. now here's the $50 in the rear view mirror. i'm not sure why the market's deciding now to sort of punish them on what i think was the back of that quarter and some of these headlines. but i do think it's justified. and dan talks about round trip. yeah. maybe we stopped today at about the 150 day moving average. it's a normal place for us to bounce. but you know fundamentals matter. the fundamentals to me suggest lower tim. >> it's always been a story of we're betting on the concepts and we don't necessarily have delivery. i mean energy storage is another one of these things that the analyst community got really excited about. i mean, ultimately the revenue n

of course, tesla's a laggard a here.rly, in fact, it's the on pace for something like its 14th record close. so it's up 22% year-over-year. the rest are hind of not exactly beating the -- netflix is not a mag 7, is it? >> no, that's not. liz: yeah. okay. >> so if you -- yeah. i mean, if you look at the mag 7 in total, on average they're down for the year. the s&p's up 3%. five out of the seven of the magnificent seven are down for the year. so it's not like this is one or two years driving this down, it's pretty much most of them. and if it weren't for meta which is up over 20% year to date, it would look that much worse. and if as i've said many times, none of the mag 7 are on this list of my top five picks that i put out every year at the beginning of the year, but if i had to pick one or two, it would be meta and amazon. liz: okay. let me jump in here because you're not picking them, in fac- >> no, i'm not. liz: let's talk about cisco and ad track because it almost feels like they are a.i.-adjacent stocks in a way bec

the head of tesla, a man you. >> may have heard of named. >> elon musk. >> he unveiled the tesla cybertruck for the. >> first time. the whole world was getting a look at it. he unveiled it by regaling this whole big room of assembled journalists and tesla superfans. they're all going crazy for everything, he said. >> he regaled. >> them with. >> this story that one of the most amazing. >> and distinguishing. >> and totally unique things about. his electric. >> truck was. >> that it was basically indestructible. he explained. that tesla, in its. >> wisdom. >> had created an. armored exoskeleton for. >> the truck. >> what other truck has that? because it has this armored exoskeleton. basically nothing can harm this truck, he said. >> it was literally bulletproof. and then. he said he. >> would show everybody just. >> how indestructible. >> how. >> impermeable. how undeniable his. >> magic truck. >> was. >> how everything would just bounce. off it no matter what you threw at it. that was the big unveiling. >> of the tesla cybertruck. >> and here's how. >> that went. >> from. >> can you try to

that was the big unveiling of the tesla cybertruck. and here's how that went. >> from. >> can you try to break this glass, please? now. >> sure. >> yeah. oh my god. >> well. >> maybe that was a. >> little too hard. >> yeah. >> ha ha. oh my. oh, my effing god is what he says. maybe that was a little too hard. the guy who threw the thing at the window, that's the chief designer at tesla. this was the big rollout. the big armored glass rollout to show the whole world how nothing can break that glass. he throws the thing in the glass, just breaks. and then the designer guy, franz, he says, let me try again. he clearly has a lot of confidence in this vehicle. right? so he basically says to elon musk, let me try the other window. >> let's try the red. >> try that one. really? >> okay. >> sure. >> oh man. >> it didn't. >> go through. >> all right. >> not bad. >> room for improvement. >> yeah. >> that was elon musk's big rollout of the unbreakable armored glass of his electric truck. and you know, the truck has its fans just like everything mr

and maybe you don't care about tesla or the stock but your next guest says tesla.on the broader markets. find out why matt maley is saying that chief market strategist at miller tabak, founder of the maley report. i read the report this morning and i've said tesla is one of, if not the most important stocks in the world because of this. how does tesla potentially impact the macro market? >> well, brian, i mean, the. >> whole thing is that, you know. >> we've had. >> this situation where we had this, you know, the a musk mystique or a musk premium. >> that we've had for tesla. >> for a. >> long time. >> but of course it went to astronomical levels, you know, right. >> after the election. >> because of his. >> relationship with with president trump. >> and the. >> stock doubled. the problem is it got ridiculously. >> over overbought. and really the fundamentals aren't getting a whole lot better. i mean, robotaxi i mean that was. delayed coming out. and that was when he was, you know, really. >> focusing on on tesla now with them not focusing on. >> tesla, are these.

and then there were others at tesla showrooms throughout the country. to try to get people to stop them from buying musk's electric vehicles, to try to send them a message on the peninsula. a number of people held signs and stood on the sidewalk outside the tesla dealership in palo alto. president trump has appointed musk that lead the department of government efficiency, also known as doge, to cut what he and musk says is wasteful spending by the federal government. many people questioned musk's true intentions. they have criticized doge's lack of transparency, and they believe musk has access and continues to access the private, personal and financial information of american citizens. we're concerned about the coup, the ongoing administrative coup by the executive branch. that's president trump and elon musk coordinating together, basically to seize the entire financial power unconstitutionally and illegally away from congress. we've seen the reaction in europe. and, you know the behavior here. it's going to follow. it's a matter of time. that was a p

and that, of course, would be a huge deal for tesla. deal if the state department went ahead with that plan. it's an important thing to know about what tesla had been expecting. they might be in line for from the government in fiscal year 2025, particularly while the ceo of tesla is at this very moment moonlighting at a weird quasi governmental job in which he is cutting huge swaths of spending and the personnel that makes up what we call the us government. but the state department told us today that this procurement is now on hold, and that as of now, they have no plans to issue it. they did take down the reference to tesla once we reported on it last night. the state department also told us that it had been a mistake, that the entry in the prospectus included the brand name tesla. as we learn more about this, we'll let you know more. but, you know, on this subject of things the government spends money on. here's one that they're trying to ring the bell on today that you also ought to know about. in 2017, when donald trump was in his h

since he owns tesla. we talked last week about a seemingly impromptu protest at tesla charging stations in the bitter cold up in waterville, maine. well, now look there. they're starting to happen all over at a tesla dealership showroom thing in manhattan. sort of a big crowd turned out there with very good signage. stop. musk's coo, elon musk is not my president. this is a coup. take away the keys from elon. don't buy swastikas. also look in in in california and san luis obispo at a tesla dealership. there more of the same. stop the coup. stop musk. save our democracy. follow the rule of law. this is a pretty good one. bad doge. >> i've been. >> wondering if we should call. i mean, why do we say doge? right? like, why are we playing along with the joke? and they're framing of it like, there's just as much of a case that we should be calling it doggy. instead of doge. i don't know, that's a pretty compelling case. bad doge. another big protest at a tesla site, this one in ohio. in columbus, there's a whol

and tesla sales in europe have declined sharply. we did reach out to tesla for comment, but they have not given us a response as of yet. three more protests are planned outside tesla dealerships later this afternoon in san francisco, san jose and oakland, reporting live here in dublin, bob redell. today in the bay. all right, bob, thank you. and the immigration institute of bay area wants to make sure that you know your rights if detained or even questioned by ice officers. the qr code there on your screen, it's going to take you to a printout, which is a red card. that way you're going to be available in it's available, i should say, in eight different languages, includes. tagalog, korean, takala, korean and farsi. tomorrow you have a chance to meet the candidates vying to become oakland's next mayor. a special election candidate forum is scheduled, and it features former east bay congresswoman barbara lee, who was the runner up in the 2022 mayoral race. lauren taylor and ousted chief of staff for former oakland mayor sheng thao re

next, an update on tesla's robotaxi. the move the company just made that indicates driverless taxis are cing. stay with usom. i'm not happy with the way that pg&e handled the wildfires. yeah. yeah. i totally, totally understand. we're adding a ton of sensors. as soon as something comes in contact with the power line, it'll turn off so that there's not a risk that it's gonna fall to the ground and start a fire. okay. and i want you to be able to feel the improvements. we've been able to reduce wildfire risk from our equipment by over 90%. that's something i want to believe. [skateboard sounds] one on one are back open in brisbane. caltrans crews shut down lanes around 5:00 this morning after a truck crashed on the highway, spilling 160 gallons of fuel. since then, crews have been clearing up and repairing a damaged bridge railing. the crash wreaked havoc on the morning commute, causing a major traffic backup. the truck also knocked a fence into power lines, which caused power outages for caltrain from san francisco to sou

what's the reason for tesla? he had three great goals coming out of that corner of the bookstore, which was not as well led as politics and prose. and it was sort of dark thing. and he would read the sci fi sections he had three great missions in life that he especially in college, he focuses on. one is making a subspace ferrying civilization to a sustainable energy. basically batteries, solar roofs, power packs and of course electric vehicles. at this point in the early 2004 general motors, everybody gotten out of the electric vehicle. they're crushing this every bolt because they want to just get rid of it. and he's saying, no, we've got to do it. and the third one, which you can get to later, is he reads isaac asimov's robot series and he says, we have to have safe artificial intelligence, otherwise our robots will turn upon us. these are not the things i worried about in college and growing up in new orleans, not causing my palms to sweat. but okay, so the book is, among other things, something of an industri

tesla's been awful over the last month. all of those are signs of risk off for now. >> so i think all of those it's hard to generalize it. i think there's some leverage at play. i think there's some gross versus net dynamics that you're creating some de-growth. i think there's some crowding in some positions. what has worked people generally are in have gotten bigger positions in. and i think you're seeing some unwind of that. so i don't necessarily think it's a risk off. i think the markets need a cleansing. and i think you're going through that. and i think it's healthy, quite frankly, to get it. it's not a lot of fun, but i think it's healthy when you get that. >> well, because you've been here before where you were, i mean, you thought valuations had gotten a little unhealthy. yeah. right. that we were too stretched. >> yeah. >> and a lot of people had been focused on the valuations of the mega-caps, when in reality it's all these other stocks that went straight up into the right. yeah. and their valuations exploded. >>

he's destroying the tesla brand. tesla resale values are going down. in addition to dublin, protests took place in san francisco, berkeley, sunnyvale and san jose. we are following developing news out of the middle east, where hamas and israel exchang more hostages for prisoners today. three hostages, including an american, are back in israel after being released by hamas as part of the ceasefire deal. now the three were paraded on stage by hamas before being led to a red cross vehicles, where they made the 30 minute drive back into israel. in exchange, israel released 369 palestinian prisoners and detainees. a large celebratory crowd greeted the first bus carrying palestinians when it arrived today in the occupied west bank. our cameras were there to catch the emotional reunions of hostages with their families. you see one right here after 500 days apart. this is american israeli soggy chen. he was met by his wife, who was eight months pregnant. on october 7th, he left his wife and two daughters in a safe room to fight the attackers and was captured.

or somebody out there was telling me, i have a tesla and i love my tesla, but i'm embarrassed because it's elon musk's. so we have to be able to once again understand not only nuances, but that sometimes a darkness in somebody is something you can really decry, but you have to understand, and maybe not admire, but have to understand that people are more complex. it's not the cartoon heroes and villains that our cable tv age has turned people into. michael: walter isaacson, ladies and gentlemen. please join me in thanking him for coming. [applause] walter: that went fast. >> south dakota governor kristi noem was confirmed by the senate as president trump's -- >> in south dakota i think for a democrat to be elected and even for republicans, you need to be a little bipartisan and work together. south dakota's very populist. people think it's very conservative and it's really not. my last race when i ran for governor 3 1/2 years ago, i only won by three points and it was against a guy who was a bernie sanders supporter. it's very much a state that can go back and forth and tom was being -

what tesla rivals are benefiting from this lag?raig: it's kind of diffused in terms of who is benefiting. it's pretty consistent other manufacturers are seeing increases in the ev sales and that's probably no coincidence. we know in europe in 2025 everyone will have to meet a tougher co2 regulations. everyone has to put the pedal to the metal and sell more electric vehicles that means more competition for tesla this year in europe and that is also likely coming into play going to be a sort of lasting thing that has low have to face. >> it's a great story, thank you. elon musk's spacex is seeking to deploy satellites to upgrade the i.t. networks that support the federal aviation administration that's here in the u.s.. according to sources who say the latest effort raises questions about conflicts of interest for his business empire. allison is here with us for more. what exactly is the faa going to do with this -- with these terminals? allison: we know they are certain to test them out in atlantic city which is the air traffic contr

he's destroying the tesla brand. tesla resale values are going down. in addition to dublin, protests took place in san francisco, berkeley, sunnyvale and san jose. musk, of course, and president trump say doge or the department of government efficiency, is weeding out wasteful government spending and finding abuse and fraud in federal budgets. well, valentine's day, a valentine's day stabbing that is a santana row has turned deadly. it happened just after seven last night at santana row. police say the victim was taken to the hospital for treatment. they confirmed this morning that man has died. the stabbing shut down a section of santana row on a busy valentine's night. and police are still at the popular shopping center. this morning, we saw investigators going in and out of the cinemark theater at the near the crime scene that is. so far, sapd hasn't announced any arrests or released any details about what led up to the stabbing. a chp cruiser was told in a crash in gilroy this afternoon happened at around 115 on highway 101, near 152. no word yet o

is germany. >> in germany, tesla sales. >> are down 59%. in sweden, tesla sales are down. >> 44%. in norway. >> tesla sales are down 38%. >> in the netherlands, tesla. >> sales are down 42%. >> weird, right? >> i wonder why that. >> is here on this side of. >> the atlantic. >> new polling. >> from the economist and yougov looks at how americans feel about. the ceo of tesla, and. specifically his involvement in the. us government. now, after he spent so much money. >> to get donald trump elected. >> to the presidency, economist and yougov. >> took two polls, one right after the. >> election and another one. this week. now that trump's been in office for a couple of weeks. and look at this among republican. >> voters. >> specifically, the. proportion of people who wanted elon musk to. >> have. >> quote, a lot of influence in the us government since the election. >> it. >> has. >> plummeted by. >> 21 points. >> we're now down to only. >> about 1. >> in 4. >> republicans wants elon. >> musk to have. >> a lot. >> of involvement. >> in the us government that is just dropped. like a ston

in germany, tesla sales are down 59%. in sweden, tesla sales are down 44%. in norway, tesla sales are down 38%. in the netherlands, tesla sales are down 42%. weird, right? i wonder why that is here on this side of the atlantic. new polling from the economist and yougov looks at how americans feel about the ceo of tesla, and specifically his involvement in the us government. now, after he spent so much money to get donald trump elected to the presidency, economist and yougov took two polls, one right after the election and another one this week. now that trump's been in office for a couple of weeks. and look at this among republican voters, specifically, the proportion of people who wanted elon musk to have, quote, a lot of influence in the us government since the election, it has plummeted by 21 points. we're now down to only about 1 in 4. republicans wants elon musk to have a lot of involvement in the us government that has just dropped like a stone in a very quick period of time among all other americans who aren't republicans, the proportion of americans

>> china is a big player for tesla -- shanghai move.ily get the full approval for fully self-driving so, again, tesla has to be in china. getting this revamped model y back to mass production scale at the shanghai factory, a big win for the company. stuart: what is going on at southwest airlines? they just announced a huge, company-wide layoff. they're laying off choice. >> 1,750 people. it's about 15% of their work force, and southwest is saying that a it's one of the first ever sort of mass corporate layoffs that they've had to do. this is a company that, again, kevin may know has tried to veer in a turn-around plan. they don't have the assigned seats, then they came out with the premium brand last year where they tried to say if you wanted to get an assigned seat, you could. again, they're trying to find their way. the stock is up, i think the street likes the cost cutting. and a lot of this will hit leadership roles, and this is not necessarily pilots and all that. stuart: you've got to have a highly profitable first class and busin

tesla shares finished that day at $251.44.post—election gain in tesla's share price and some of elon musk�*s paper fortune is close to being wiped out altogether. and the uk dried up, falling 45% injanuary even as rivals' sales rose. one reason is increased competition from chinese in slashing us government spending. with the reality that elon musk�*s electric car first quarter. south korea's birth,,, ,, for the first time in a decade — according to the latest data just out. the figure in the uk or us. it is currently 0.75 — that's the average number of babies each women should expect to have in their lifetime. it's about a third of the rate a country needs to maintain its population. certainly a demographic one. people, those aged 65 and above make up about 20% of the total. forced to shut this year because there are not youngtae cho is professor in demography if we look at the fertility rate in south korea it is currently 0.75 — that's the average number of babies each women should expect to have in their lifetime. it's abou

we want him out of tesla, and we want somebody to run tesla as it was meant to be that vision of evs.> similar protests happened across the country. people rallied outside of tesla dealerships in pittsburgh and kansas city and also at a tesla store in boston. >>> well, still ahead tonight at 11:00, a robbery suspect leads police on a chase across several bay area cities. >>> and later, homeowners in l.a. catch a much-needed break as they continue to try to dig out from the storms earlier this week. >>> darren? >> and while it won't be anything like the rain we've had so far, there is a little more rain coming tomorrow morning. so we'll track the details on that. i'll show you what to expect from the showers. and then there's another one that gets here by the time we get to wednesday. forecast on that coming up next. >>> a robbery in rohnert park leads to a multi-agency chase ending with a crash in san francisco. surveillance video shows a moment a suspect got out of a black car, snatched a back from a person, and ran back to the car. this happened outside of a pep boys auto store on r

a tesla dealership in s.f.e to call for an end to the threat of mass deportations and other actions by the trump administration that they say are fascist, illegal and anti-democratic. and we're coming to see that it's much bigger than immigration, that we can't fight this issue by issue. and the trump 2025 is not just another administration coming to power. this is a whole fascist agenda and a remake of society. back to elon musk and tesla. san jose state professor who specializes in tech, expects tesla sales to drop here in the united states. as a matter of fact, according to the california new car dealers association, tesla sales dropped 11.6% in q4 of last year compared to the year before. and tesla sales in europe have declined sharply. we reached out to tesla for comment, but have not yet received a response. here in dublin, bob redell, nbc, bay area news. thank you bob. one person is in jail after an altercation with police that led to officers firing multiple rounds. it happened last night near san leand

then the reward the elon musk trump bromance has benefited tesla is up 45% since the election. market value wall street sees the trump administration facilitating the robo taxing business which is a big benefit to tesla like everything else you have to take the good with the bad and put everything in context. >> real quick math before we go this guy is enormously powerful, have we ever seen a businessperson with the kind of power that elon musk has in the white house. >> after go back to the early 1900s to find somebody like andrew mellon or j.p. morgan but even those folks really don't have a nearly a much influence as elon musk. >> is a big weekend for guacamole one restaurant changes hedging the avocado but can't control cilantro what's more expensive than white. in where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management [ car engine revving ] take your b

let's stay for now on tesla. and kind of the ramifications of everything that's going on with the auto fight and with elon musk's kind of attention elsewhere. what would you say to investors? >> well. >> i think it's going to be fascinating to see, because i think the tesla byd conversation will heat. >> up. >> as chinese tariffs and president trump continue to. >> see that. >> ratchet up. but what's fascinating to me is that tesla is just having a. pullback here. we are aggressively writing calls when it was above 400. so it's always been a volatile stock. so i think tesla is. >> still on track. >> but the competition, the deep sea conversation this is all going into the input. now what's fascinating to me is that nvidia is kind of not involved in this pull pullback here because of the fact that they're still buying chips. so i think we have to wait more here. but tesla is a name that i do own. i've owned it for a while. >> we will be adding. >> when it gets close to 300, because i think it has the ability to be

i'm talking about tesla, but lately, tesla has been the target of protests from coast to coast as people angry with musk and also doge are taking it out on tesla. police in suburban denver are accusing a woman of vandalizing tesla vehicles, marking some with the red x and tagging others with the word nazi. and some tesla owners, like singer sheryl crow, are going a step further, ditching their teslas and breaking up with the brand. so does musk have anything to worry about in terms of that business? let's bring in cnn chief data analyst harry enten, who is crunching the numbers for us. harry, tell me, what has been the impact of tesla's bottom line? ever since musk took on the role of what he called a special government employee. >> yeah. the stats here are pretty ugly for tesla. take a look at the stock. i mean, my goodness gracious. you know, you go back to december 17th. its peak. it's down 39%. holy toledo. it closed that day at about 480 bucks. it's now down to about 291 bucks per stock. and get this, get this. that cost elon musk. this total is astronomical. about $78 billion billi

tesla in. comparison to their competitors, they. >> were really not good. tesla down 11.5%.yd up 47.5. keep in mind. >> byd sells. >> not only electric vehicles. but a larger percentage of their sales are hybrid vehicles. nonetheless, they were up. >> 47.5% in. >> terms of the global ev sales race. yes, tesla. was number one. last year. not by a lot, but. >> still number one over byd. >> number three, way back at 880,000 is general motors. tesla also got some bad news yesterday. in terms of auto sales coming out of europe, in. particular germany. they were down 59%. >> in january. >> and as i said yesterday. >> courtney. >> one month does not. >> make a trend. >> but take all these numbers together. and it clearly shows that there may be a number of factors at play here, including the fact that some buyers might be waiting for the refreshed model y, which is just coming out. in china. so we could see these numbers. reverse in the months to come. >> but and as. >> you take a look at the eu auto imports, and you mentioned in the beginning that president trump may want to have.

dan ives of wedbush securities on tesla.g of doge, let's check out shares of iron mountain, which are lower on mixed results this morning. but they also got hit this week after elon musk mentioned one of the company's facilities as an example of government inefficiency. doge posted on x that federal employee retirements are processed using paper by hand in an old limestone mine in pennsylvania. 700 mine workers operate 230ft underground to process about 10,000 applications per month, which are stored in manila envelopes and cardboard boxes. now on iron mountain's earnings call today, the ceo actually said doge was a growth opportunity, saying they work for more than 200 federal government agencies. but the physical storage that was referenced accounts for half a percent of their total volume, and only about $10 million in revenue. while data center and digitization represents about $130 million in revenue. wells fargo is telling investors to relax and don't believe the doge noise. they view the recent decline as a big overre

that has downward pressure of $40 billion worth of tesla stock or might was $40 billion and used tesla price and if recovered and dance festivals and bench press laddish. liz: the redundancies and stuff we shouldn't. >> i'll say this, liz, it's known as soft power. u.s. exerts software and we want family in the places to appreciate mid-medicine. appreciate america. and adopt our ways and be friendly to our system of government. trade with us. he'll start from zero and crush everything and the administrative state was so out of control, particularly under joe biden is began a lot under barack obama and joe biden we were funding the most insane asinine things in the world and starting from zero. >> american public sits there, liz. what the hell is going on? i don't care if he's spending two sents. have you r ever read political pro? liz: no, i got to read something else. the intro to our count down closer from doge to dogs. monte, the gigantic snauzer binning best in show. he stepped up saying okay, give it to us, robert. >> thanks for having us, liz. the earning ands there's a lot of ta

if you really want to boost tesla's stock, there are people boycotting tesla and wanting to sell them because they don't appreciate what elon is doing politically. maybe it's -- look, i love elon musk so i don't want this taken the wrong way, but maybe time for him to step aside as ceo of tesla and time to name a successor and he's chairman of the board and all that and he's involved, but maybe from a imaging standpoint it could help tesla's stock. i'm a bit concerned about that. stuart: very interesting. lauren: elon musk has more than half of his wealth, fortune tied up in tesla so the losses, i mean, just yesterday his net worth, i don't think he cares and worth like 400 billion and dropped by 22 billion just like that because it's so concentrated but remember, he owns many companies and the other one is the government contractor spacex and star link. >> worth over $300 billion and x ai over 75 billion and he's got a lot of companies out there. one man can only do so much. stuart: he's a hand on guy. willing to step away from from tesla for this position? >> no, it was a hypothetic

then the reward the elon musk trump bromance has benefited tesla is up 45% since the election. market value wall street sees the trump administration facilitating the robo taxing business which is a big benefit to tesla like everything else you have to take the good with the bad and put everything in context. >> real quick math before we go this guy is enormously powerful, have we ever seen a businessperson with the kind of power that elon musk has in the white house. >> after go back to the early 1900s to find somebody like andrew mellon or j.p. morgan but even those folks really don't have a nearly a much influence as elon musk. >> is a big weekend for guacamole one restaurant changes hedging the avocado but can't control cilantro what's more expensive than white. in jack: it is super bowl weekend we should let viewers know our choice of red is not a call for the chiefs we will be neutral on that but while we're talking super bowl chipotle is hedging avocado but. >> they were talking in the earnings saying only half of the avocados come from mexico so they don't need to be th

i want to talk tesla first. >> yeah. go ahead. i mean, because. >> it's what there's. >> only more than 25% decline in a pretty short period of time. >> yeah. i mean there's only there's only one tesla. right. and i think that i said this earlier in the year on halftime that when it was up at 434, 44, 54, 60, while we see tesla fundamentals were actually deteriorating, you know, made made no economic sense. and so i sold calls. then i think that gravity in the stock market is just like in our is in real world. i think tesla 277 is the 200 day. i think this stock the technicals have broken down. the sentiment which we can all walk through is so negative for multiple reasons. i think until the new y comes out, until the new car, until that we have like twitter 2.0. this is today. we see elon focusing on this company, at least from a from a headline perspective, i think the stock is going to be under pressure. so to me, 277 is an important level. i think it hits that. and i don't think you actually get the stock. make a new uptrend u

meantime, a tesla store was vandalized twice. >> elon musk built his fortune on tesla and that he's using that to attack our democracy. >> the idea of people vandalizing vehicles. you know, if my kids are in the car or whatever, i think it's very problematic. >> in recent weeks, we've seen a number of protests outside tesla's showrooms here in the bay area. this comes as company sales are down. since musk became one of president trump's closest advisors. park rangers and visitors to the grand canyon and other national parks are increasingly concerned about staffing shortages. this all comes after president trump's decision to cut about 1000 jobs. there are already reports of long lines at the grand canyon, while other parks are experiencing dirty bathrooms. the trump administration argues these cuts to park staff will save the american taxpayer billions of dollars, making the system more cost effective and efficient. well, some visitors disagree. >> previous administrations have seen the value of america's national assets like this, and it'll be super unfortunate, if any, of what the park

it's not just tesla.o premier doug ford he has ripped up the province's contract with starlink, worth some 100. >> million cad. >> adding ontario. won't do business. >> with people hell. >> bent on destroying our economy. in response. >> musk posting on x. oh well. that was. >> just about. >> 30 minutes ago. >> now, to put. that number in context. >> it's. >> only about 68 million usd, a very. small amount for spacex. whose revenue is estimated to. >> be in the billions annually. >> but still a setback. for starlink, which has been embraced. >> by canadians in more. remote locations. >> that do struggle to get cheap. >> reliable internet access. >> it's also another instance where we're seeing the flip side of musk's cozy relationship with the trump administration. kelly mentioned tesla. >> as the fallout around these new tariffs. >> comes into focus. >> musk's universe, it is in the crosshairs. >> and it's not limited to canada either. on the. >> last earnings. >> call, tesla's cfo called out. uncertaint

so why not. >> buy teslas? >> you know, but if elon has control over that kind of spending or vast influence over it, is that ultimately a conflict of interest? if i'm ford, you know, and or other makers of armored vehicles, i say, you know, that's not fair. >> on the tariffs, eamon. it is. interesting that he's hosting. >> modi from. >> india today because i was looking. so india has the 10th biggest trade deficit with the us $35 billion. i mean they do also have high tariffs. so as far as a poster child for reciprocal tariffs, even in our interview yesterday with peter navarro, he mentioned europe and he mentioned india. so is that going to be awkward? >> i think it might be awkward, right? i mean, and the question is a lot of these countries, as they approach the trump administration, are trying to come here to the white house with some kind of peace offering, some kind of symbolic large gesture. so we'll see if modi has something like that planned. you know. >> maybe lowering. >> tariffs could be one of tho

in the tesla fallout continues. shares lower, elon musk's many detractors taking their anger out on the carmaker. but first, we are checking in on the markets. the power higher. oh by more than one percentage point in the nasdaq 100, and there's one key stuff that drives us higher on the point perspective. it is nvidia. 4:20 p.m. new york time today when we get the numbers, up 4.4% on the day, manning to wipe out yesterday's loss. we anticipate earnings will move up to a 73% increase in revenue, and what do they need in terms of forecasts? bloomberg gives here to break down what has been a torrid start of the year for nvidia. think about the selloff we got when deepseek was first unveiled, and we sort of thought, maybe we don't need these chips, but it has managed to push back slightly. carmen: yeah. we are not only coming with the deepseek select, we are down with the report, something it nvidia has not seen since 2022, and we are down year to date, even with today's games calling back what we saw yesterday, nvidia

in lots of places, there's a lot of tesla dealerships and tesla teslas around people that don't particularlyclosest example i could think of is a kind of very rich man in hungary who worked with viktor orban early on in orban's tenure, but he owed a lot of his wealth ultimately to orban himself. and he was never really a co-prime minister. musk is a kind of unique beast here, and tesla is, i think, probably the weak link. not only is it consumer facing in a way that something like spacex isn't really, but it also is, i think, musk's most important company, the thing that made him famous. and he also has a lot of money, a lot of his huge you know, some people are warning he might become a billionaire soon. a lot of that fortune is bound up in tesla stock. so if there could be some kind of concerted activist effort directed at tesla, or another thing i talk about in the piece is resistance inside organizations, either federal civil servants on jobs or people at tesla showing, hey, we're not on board with this either, right? individual workers, if you work for the company, you can think about w