it's not just the normal players of the vw's. it's also lucid, rivian.will continue to take market shares, does that mean that there's not enough space for all these carmakers that were getting into evm startups? philippe: not everybody is going to win in these conditions. keep in mind, this is what we call a zero-sum game. for traditional carmakers, we are replacing traditional combustion engines with electric vehicles. when you sell ev's, you sell fewer. when you are tesla, there's no trade up. it's pure incremental growth. i think when you think about tesla, are we starting to talk about tesla market share or are we talking about tesla's share of the electric market? again, their share is still around 80% of the u.s. market in battery ev's. this is going to shrink over time. and has to shrink or otherwise there's no growth. manus: very well-made point there. you've had time to think about those questions on value, demand, pricing. do you want silverado, a 150, or a hummer? [laughter] philippe: ford and gm. that's part of my answer. ford has not been o

thai do fee into t parameters thathe sta needs apart of s masteplan. , you kw, i juswanted t gi you a vw of whathe salt marshearound here lo like. you canee that ere's mah oriles in at direcon. marss prove a lot buffer frm storm ergy, sohey' a buffebetween r human vilition andhe sea, the storation involvepuing sedint into marsh li this to raisehe elevaon to low it to bter keep pace with sea level re and toill in aas that haveroded. so thiss the bua dove struure, whi is one the major fldgates ithe rganza the gullevee syste with a vee, o questionhat you ve is ho'inse and o is ouside e lev system.y drawin is wall the mar, you're channg the eironmentbut yo'ralso setng down series princips of who lives wre and t kindsf chices thathese counities face inhe yearshead, so of which e going be veryvery tou choices bert p. quin: th area used tbe lover' lane beuse there s treeall overhe placeyou could get ihere a go hide ck thereso w'd listen music a hang ou with ur girliend. y'al do't md if i s that, h? all rit. i wasorn and ised right hre, in he ta grass rightere. i gss it reresent wre all omy anes

so younow, i jt wantedo gi you a vw of whathe salt marshes ound here lo like. you canee that ere's mah oriles in at direcon. mahes prove a lot buffer frm storm ergy, sohey' a buffebetween r human vilition andhe sea, the storation involvepuing sedint into marsh li this to rai the eletion tallow it toetter keep pace with sea level re and toill in aas that haveroded. so thiss the bua dove struure, whi is one the major fldgatesn the morganzto the gf levee syste with a vee, o questionhat you ve is ho'insid and whis outde the lev system.y drawin this walin the msh, you're channg the eironmentbut yo'ralso setng down series princips of who lives wre and t kindsf chices thathese counities face inhe years ahead, me of which e going be veryvery toughhoices alrt p. nain: thisrea used tbe lover' lane cause therwas treeall overhe lace. u cou get in re and go hide ck thereso we'd listen music a hang ou with ur girliend. y'al do't md if i s that, h? all rit. i wasorn and ised rightere, ithe tall grass rightere. i gss it reresent wre all omy anestors w born anraised and dd, and

they loved vw hands. they loved the products, the kind of consumer products of industrial society. and what they wanted to do was take those consumer products and re purpose them, turn them into the foundations of a new kind of society. a society built on shared experiences, personal ambition, consumption, consumption for the, the communal lists was going to be the foundation of a consciousness oriented society. ah, there is james all down through here. pollen is the larry over here. so your cancer, always a little nicer than this is evidence of absolute poverty, despair. people in our city and other cities all across america are living like this. where at the original eden village that opened up in 2018. and right now there's 31 homes on the property. it's a little over 4 acres with 31 homes and a community center. unfortunately, a lot of people don't make it out of edition more homelessness, ally, and i'm just really happy. it made it. oh, dad you with oh, oh oh, is your media a reflection of reality a in a world transformed what will make you feel safe? isolation, whole communit

they loved vw hands, they love the products, the kind of consumer products of industrial society. and what they wanted to do was take those consumer products and re purpose them, turn them into the foundations of a new kind of society. a society built on shared experiences, personal ambition, consumption, consumption for the, the communal lists was going to be the foundation of a consciousness oriented society. ah, ah, ah, nose incidents of havana syndrome, as you mentioned before, things like difficulty concentrated insomnia memory problems. they're so big asked to be experienced by just about everyone who has ever lived in any given week bright. and so now people all over the world who are military personnel, or intelligence officers or diplomats working for the american government, are now on the lookout for these anomalous health incidence. and literally people are getting up in the morning and sneezing and attributing it to a syndrome me because it's so back to what we've got to do is identify the threats that we have. it's crazy confrontation, let it be in arms. race is on o

they loved vw hands, they love the products, the kind of consumer products of industrial society. and what they wanted to do was take those consumer products and re purpose them, turn them into the foundations of a new kind of society. a society built on shared experiences, personal ambition, consumption, consumption for the, the communal lists was going to be the foundation of a consciousness oriented society. ah, ours in l zante el salvador, big claim, ph. hyper bitcoin ization countries made big claim legal tender. it's one of the fastest growing countries of the world now, and things happen in a good way when you go all the way mid quarter and there is champs all down through here, calling this larry over here. so your camps are always a little nicer than this. this is evidence of absolute poverty, despair. people in our city and other cities all across america are living like this. we're at the original eden village that opened up in 2018 right now. there's 31 homes on the property. it's a little over 4 acres with 31 homes and a community center. unfortunately, a lot of peopl

they loved vw vans, they love the products, the kind of consumer products of industrial society. and what they wanted to do was take those consumer products and re purpose them, turn them into the foundations of a new kind of society. a society built on shared experiences, personal ambition, consumption, consumption for the, the communal lists was going to be the foundation of a consciousness oriented society. ah, banks, either my national delilah. no, they say my that the girl i wanted to read it is a central bag support. donna gonna call them right now and say stop the madness. a with the president of croatia stage, his country will withdraw troops from nato. if there's a conflict between russia come to the west, frank saw it's a military presence in the region over a ledge. clowns buying moscow to invade its neighbor a. your gas tank closures with police in the ukrainian capital. has people take to the streets up here to demand economic reforms also ahead.

for vw, it is not a matter of compliance, the fact that the matter is wholeheartedly embracing electricpanies, whether tesla, arabian, for they made a vehicle. it is the case that it will be excused if you are not making electric vehicles as profitable as combustion cars come up with the market want to see is you pushing into electric vehicles improving you can give elon musk a run for his money. francine: over the christmas holidays, we saw one tesla -- because they look so different, everyone wants a piece. >> with the technology, it has taken a bit of time to bring that update capability. full swag and has stumbled with that out of the gate. they wanted to bring that in immediately. when it was first coming out, they had a software test that you had to drive into the dealer for. i think that is why you still see the market giving more to tesla's technology advantage. it is an open question on whether they will catch up. tom: [indiscernible] this is bloomberg. ♪ and there you have it. woah. wireless on the most reliable network nationwide. wow. big deal. we get unlimited for just 30 b

fun trivia about nick, he and his girlfriend raised fun by selling belts with seashells out of their vw. they sold seashells by the seashore. "press: here" will be right back. we learn about covid-19, the more questions we have. the biggest question now, what's next? what will covid bring in six months, a year? if you're feeling anxious about the future, you're not alone. calhope offers free covid-19 emotional support. call 833-317-4673, or live chat at calhope.org today. >>> that's our show for this week. a look back at 400 episodes of "press: here" over the course of more than ten years. back when we could invite people into the studio and things were normal. let's hope that ahead in 2022, things get normal. to that end, get vaccinated, get boosted, and a very happy new year. and welcome to "comunidad del valle." i'm damian trujillo. i've been saying that for 25 years. today, we're going to look back at 25 years of your "comunidad del valle." ♪♪♪ damian: i started working here at the kntv back on june 10th of 1996, and 2 months later my news director, terry mcelhatton, asked me if i w

actually presenting to vw's board.hat's that they have one third the tack time of vw why look at the model y. tesla has a huge advantage here in terms of ability to manufacture. one third that time. so as we look at berlin and austin, neither of which are in our model and we look at having to ramp those numbers i think across the board will have to rise. >> jed, either traditional automakers or the new teslas if we want to call them that the real threat to tesla's share price over 12 months or really market multiples and whether people alter what that should be >> yeah. looking from a pure stock perspective i think the market and the macro has a bigger influence than newcomers into the marketplace. longer term probably has a more meaningful impact. remember tesla wept through a lot of bumps in the road before they enjoy the success that they now enjoy in terms of size and scale and it's other companies will have to go through that learning curve. >> thank you so much >> thank you. >> tesla up 13% as we speak. >>> after

, literally they have said tesla's takt time is one third of vw.ird the amount of time to produce a vehicle than vw, and it's showing up in the margins, which are far higher than the traditional companies. so i get the reason to be -- some people want to be negative just to be negative, but i don't see that in this sector. >> jed, here's the thing, and i don't want to speak for gordon here, and i'm a huge fan of tesla, i don't think the metrics you're talking about are the issue. i think the question is simply one of valuation, which is to say is tesla at $910 given the market cap, is that an appropriate valuation really active to the other automakers that's the one and only question >> can i jump in to address some of those points? >> can i answer this one point asked of me about valuation? >> yes, please. >> i come back to rate of growth growth is accelerating here, not decelerating and as a result, if you're looking when to get bearish or take profits or become negative, you typically want to see things that are peaking and on a decline. we're n

good, but you can't turn on the tv or internet without seeing an ad from a competitor like audi or vw there a real tesla competitor, or is it really in auto terms, car terms, its own asset class? >> i think carmakers are launching or about to launch very strong competitors itself what's not clear is those can generate profitability for tesla. the tesla story goes well beyond the car. so, of course, the cars are in a way, the first unique edge that is going away b we still have batteries designed to manufacture, the loss of manufacturing, the direct selling. all of those challenges are still putting tesla well ahead of the industry. but, yes, there is knowledge to the consumer we have a choice we may not have had four or five years ago. >> philippe houchois of jeffries i know you have a long day ahead of you we appreciate you taking the time thank you. >> thank you. >> you're very welcome. >>> with coming up, what the booming demand for semi-conductors may mean for you and your money. as we take a quick break, here are some other headlines american manufacturers and other companies are

dan: there is an arms race, gm, ford, vw, china, the u.s., and others. 3% of of autos today are ev. 30% by 2030. the moat tesla has besides the brand and model, the battery technology and distribution, that is why austin is so important in terms of that buildout. that 4680 is the differentiator into 2022. emily: continuing to listen into the apple call. cook saying the supply chain is doing very well considering the shortages. doesn't see any need for fundamental changes to the supply chain. what are you watching to see in terms of apple, tesla, and how all of these companies manage this continuing issue? dan: just to show you, i probably got 10 emails from into institutional investors on those comments. apple is going to be the best barometer for the supply chain. tim cook's viewpoint is key for broader supply chain across technology. we are starting to see some improvement. i think right now the street is saying it's going to last through 2022. cook saying not so fast. very important in terms of broader tech and apple. emily: dan ives of weber bush securities. thank you. another s

with disaster looming, vw held one crisis meeting off to the next vin to con himself faced deming. testimony from his confidant band got vice vendor columbus jungle food, when vinegar called me i told him that we'd been cheating. thus that the cars had a device that could differentiate between test bench and road. brassel decided ventercore would lay to challenge that accounts. while confirming the cool had taken place, he denied he'd been given such a warning. not long after that phone call a 3rd and crucial decision was made. on july 20 seventh's 2015, the v w headquarters involves book was the scene of a product failure analysis meeting at which martin ventercore and finally sat down with the engine designers for the 1st time, reportedly on the agenda. what would they to do about the u. s. diesel engines? what about the authorities? as for the rest of the meeting, one story with various narratives. oliver schmidt was among those present it as a milady flock of us. what i didn't, chavez, tish walton. what it was discussed at the meeting was to have cars off amazon does often and was submit

it is when you get down to the bread-and-butter vw brand that they had a difficult year.was a strategy on the part of the carmakers to devote chips to higher value models as long a supply was going to be really tight, and also to electric vehicles, obviously for compliance purposes, but also because those are in demand and there is real support for them in this market. you saw ev's early takeoff this year for some of these manufacturers. obviously it is off of a low base, but every expectation is that this shortage is going to continue for some time, and that this playbook will be something that will see the car companies follow for months to come. guy: they have seen what is happening here. they can seen the -- they have seen that can make money and good margins with this kind of model. is this something that will persist? roland: you hear some of the car companies talking about that. they like to think they will be more disciplined on the other end of this. but obviously, there are also headlines about market share losses or compensation tied to how you are doing versus

a different story for volkswagen vw delivers dropped 8.1% last year to just under 4.9 million back over to you >> julianna tatelbaum, you can see a mixed trade there. thank you very much. >>> back home here, the white house unveiling a new covid testing push this morning. it is all part of another effort to keep schools open for teachers and students. this as over 3,000 public schools, mostly here in the northeast and in hicago, have gone virtual or shut down. that's according to the latest data all of this comes after the white house spent 12 billion taxpayer dollars last march to ramp up testing and reopen schools. many no doubt wondering where the money went >> breaking right now, the biden administration is taking new actions to increase access to covid-19 testing with the aim of increasing the number of tests available to schools by 10 million per month. this as part of the effort the white house plans to deliver 5 million free rapid tests to k through 12 schools goldman sachs is cutting its 2022 forecast for chinese economic growth to 4.3%, down from an earlier 4.8% estimate. gold

while the girls finish getting ready, greg remember going back and forth in the, health loading up his vwgirl's car seats, an overnight bags. >> we got at the car, rearranging's little, bit put them in them, make sure the gate was closed, drove off, i want to a party. by >> the time gregory at his chat with the detectives, the autopsy report and delimited him as a viable suspect. said, kit was killed during pm hours, on saturday. gregory had already taken the girls to a birthday party by then. so, if not gregory, then who? police wanted to know if gregory had seen anything unusual that day, could somebody have been lurking, waiting for him to drive off? was anybody else there at the time? >> no. >> okay, you went back out to your car in front? >> put the kids in, but the presence and. >> and what did you do? >> then i close the k, and left. >> you didn't go back into the house at that time or anything? >> now. >> they had made an agreement about that before they separated, said great agree. >> -- >> police poked around the crime scene. the only thing was, it seemed somehow staged. no phys

we're going to try to do it on the train or talking to vw about an electric camper van. have to film that. it sounds like a realility seri. >> no, don't think i'd work well on a reality series. >> all right. so maybe no reality show. but ed's album "equals" is available wherever you get your music, and we'll see if he gets the grammy later this month. our big thanks to hounds tooth pub for hosting our conversation you can find the podcast on apple podcast or wherever you get yours. >>> and next week on the sunday of the golden globe awards, we revisit one of our very favorite sunday sit-downs with steve martin and martin short. both nominated before a globe for their performance in the hit series "only murders in the bu >>> cold temperatures continue this morning with 20s and 30s in the north bay valleys, tri-valley and areas near san josÉ, even mid-30s around oakland for the morning. it's the interior valleys that continue with the freeze warnings up and purple here through 9:00 this morning. highs, 40s and 50s with increasing clouds as we head through the afternoon. th

company and a very advanced manufacturer it was surprising over the last few days to hear the ceo of vwhey've clearly overcome that, and they're much more than a car company now. >> so how do you kind of sort out the winners and the losers when it comes to the ev market alone? what does it take to be somebody who's going to survive any potential shakeout >> i think there might be a shakeout coming because tesla appears to be pulling away from competition, but there are others doing a great job, too. "a" in a long-term perspective there is enormous growth here. evs are only 3% of car sales now. as they become close to 50% some of these companies can become 15 times their current size but to win you have to have three things you have to have an attractive product, ability to produce and a quality product that has to work gm right now if you look at them, they have the ability to produce but there's real questions about the attractiveness of their product and really their equality. they had to recall all their bolts last year because the battery tech last year didn't work you look at ford,