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Apr 24, 2024
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are winning, so meta, amazon, microsoft and nvidia have it, declining revenue of growth, apple and tesla are falling out of the favour, the mag seven being becoming a fab five. elsewhere, as we told you on newsday, president biden has signed into law a bill which gives tiktok�*s chinese owner, bytedance nine months to divest it or the social media app will be banned in the us. but tiktok has vowed to take legal action, saying in a statement that the us law is unconstitutional and that the company has gone to great lengths to ensure us user data is safe and free from outside manipulation. us plane—maker boeing reported its first revenue drop in almost two years. its manufacturing quality has come under scrutiny after a series of accidents involving its max 737 model. let's bring in aerospace consultant mark martin. i asked him what he made of boeing's results and his outlook for the playmaker. we know that boeing commercial aeroplanes the revenue is driving the entire financial performance of bowing down, revenues are done by 1.6 billion of what's alarming is that deliveries on the bo
are winning, so meta, amazon, microsoft and nvidia have it, declining revenue of growth, apple and tesla are falling out of the favour, the mag seven being becoming a fab five. elsewhere, as we told you on newsday, president biden has signed into law a bill which gives tiktok�*s chinese owner, bytedance nine months to divest it or the social media app will be banned in the us. but tiktok has vowed to take legal action, saying in a statement that the us law is unconstitutional and that the...
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Apr 24, 2024
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last year, he allegedly drove his tesla down 300 foot cliff near double slide with his wife and children inside the car. one survives. his wife claims he did it deliberately and he'd been depressed. patel pleaded not guilty and said he was actually pulling over to check a tire. today, the court heard from two witnesses on his mental state, but a final decision is not expected until next thursday. >>> sanford this go leaders came today to mark the opening of the renovated 911 dispatch centers. take a look. mayor bree and departments of the emergency management were on hand for the river cutting his ribbon-cutting today. they say it will boost the city's emergency response capabilities. includes five new dispatch workstations with room for additional expansion, a training room and a revamped break room. >> we had to get ready for our next generation 911 -- that we will be getting over the next two years and just, in general, make room for more advancement in technology so that we can expand as we grow and then we have all new furniture and new equipment. we have more workstation. >> at the
last year, he allegedly drove his tesla down 300 foot cliff near double slide with his wife and children inside the car. one survives. his wife claims he did it deliberately and he'd been depressed. patel pleaded not guilty and said he was actually pulling over to check a tire. today, the court heard from two witnesses on his mental state, but a final decision is not expected until next thursday. >>> sanford this go leaders came today to mark the opening of the renovated 911 dispatch...
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Apr 25, 2024
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just remember how tesla really helped to reinvigorate the markets with its plan. meta potentially spoiling the party. but we have the opening in korea. as you mentioned, those earnings from sk hynix seem to be working their way into the markets. it is not just about how the company seems to be doing well with their advantage because it is seen as a leader any high-end memory chip market cor
just remember how tesla really helped to reinvigorate the markets with its plan. meta potentially spoiling the party. but we have the opening in korea. as you mentioned, those earnings from sk hynix seem to be working their way into the markets. it is not just about how the company seems to be doing well with their advantage because it is seen as a leader any high-end memory chip market cor
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Apr 24, 2024
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. >>> tesla is planning to lay off more than 2700 employees. that includes more than 2200 jobs from fremont and 500 jobs in palo alto. the layoffs will begin june 14. tesla's first quarter profit plunged 55% from a year ago. >>> president joe biden has signed a bill that threatens to ban tiktok. that is, unless the company's chinese owner bytedance , sells the up in the next year. the chinese government is against a forced sale and tiktok is vowing to fight in court. california senator laphonza butler is urging president biden to assume the consequences of the sale of tiktok on the company's approximately 8000 employees, most of them based in california and new york. >>> onto our first alert weather now and there is wind coming our way. meteorologist darren peck is in our virtual view studio. >> we have a change in the weather coming our way. it will start tomorrow. take a look at the futurecast depiction of some rain coming down the coast. it does not really hold together to get here. it would not be until friday when we did that. there are a
. >>> tesla is planning to lay off more than 2700 employees. that includes more than 2200 jobs from fremont and 500 jobs in palo alto. the layoffs will begin june 14. tesla's first quarter profit plunged 55% from a year ago. >>> president joe biden has signed a bill that threatens to ban tiktok. that is, unless the company's chinese owner bytedance , sells the up in the next year. the chinese government is against a forced sale and tiktok is vowing to fight in court....
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Apr 24, 2024
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tesla is finding >>> tesla has laid off 27 employees in the bay area. that includes more than 2200 jobs in fremont and palo alto layouts will begin june 14. this comes as rising competition and electric vehicle markets sent tesla's first quarter profit plunging 55%. >> a year ago, they were extremely high. we were seeing sales rising by double-digit numbers year over year. that was very encouraging to companies like tesla whose entire lineup is made up of electric vehicles. they have nothing else to fall back on. now, we are starting to see some of the sales growth for. >> tesla has announced aggressive price cuts because of the slump in sales. the tesla model y, x will now sell for $2000 less. elon musk says the model y will cost after a federal rebate and gas savings. >>> millions of salaried employees will be eligible for overtime pay. the biden administration now said starting july 1, certain salaried workers who make less than $44,000 a year will be entitled to overtime pay. in 2025, that cap will rise to more than $58,000. new rules expand the eli
tesla is finding >>> tesla has laid off 27 employees in the bay area. that includes more than 2200 jobs in fremont and palo alto layouts will begin june 14. this comes as rising competition and electric vehicle markets sent tesla's first quarter profit plunging 55%. >> a year ago, they were extremely high. we were seeing sales rising by double-digit numbers year over year. that was very encouraging to companies like tesla whose entire lineup is made up of electric vehicles. they...
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Apr 24, 2024
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ktvu lamonica peters reports on the problems the car maker is facing now. >> on tuesday, tesla filed a warn notice announcing that it will lay off 2753 people at a dozen fremont locations and at five locations in palo alto. >> i believe, a attempt of tesla to get better, but i don't think that we've seen the last of it. >> tesla announced last week that it will lay off 10% of its more than 140,000 employees to reduce costs in their most recent earnings announcement, they, reported that their eps, their earnings per share fell below expectations, below the consensus of what analysts had expected and also their revenue had been decreasing for, the second year in a row. >> tesla also lowered prices by $2,000 in the u.s. on three of its models, facing more competition in the electric vehicle market from companies like byd in china, the car company has seen a drop in deliveries and lower demand for its cars in the first quarter of this year, specifically in china , where byd is now leading the charge, in terms of vehicles sold worldwide and, those vehicles come at lower cost than the aver
ktvu lamonica peters reports on the problems the car maker is facing now. >> on tuesday, tesla filed a warn notice announcing that it will lay off 2753 people at a dozen fremont locations and at five locations in palo alto. >> i believe, a attempt of tesla to get better, but i don't think that we've seen the last of it. >> tesla announced last week that it will lay off 10% of its more than 140,000 employees to reduce costs in their most recent earnings announcement, they,...
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Apr 24, 2024
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the tech-heavy composite, the nasdaq, has been buoyed by tesla. top of the index right now with an 11% gain. tesla are reported earnings, miss on eps and revenue expectations. they're trying to navigate slumping sales, falling demand for evs and, of course, competition from china, but promised investors it would speed up the development of new, more affordable vehicles. of course, looks like very happy to hear that. investors and analysts also flagging one quote from elon musk that claims tesla, it's not really an ev maker after all. >> i think cathie wood said it best, really we should be taught of as an a.i. robotics company. if you value tesla as an automobile company, you just have to fundamentally -- it's just the wrong framework. kelly: that could be something. well, susan li joins me to break down some of the other big strategic points musk unveil ised haas night. hi there, susan. >> so wall street already is going to be a pretty ugly quarter, and tesla did even worse than expected and yet take a look at the stock reaction, surging in respo
the tech-heavy composite, the nasdaq, has been buoyed by tesla. top of the index right now with an 11% gain. tesla are reported earnings, miss on eps and revenue expectations. they're trying to navigate slumping sales, falling demand for evs and, of course, competition from china, but promised investors it would speed up the development of new, more affordable vehicles. of course, looks like very happy to hear that. investors and analysts also flagging one quote from elon musk that claims...
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Apr 24, 2024
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driving a tesla the car plunged down a 300-foot cliff. his wife and two children in the car and all survaved. his wife claims he did it deliberately and had been depressed. patel pleaded not guilty saying he just pulled over to check a tire. two witnesses appeared in court. a final decision by the judge is not expected until may 2nd. >>> clouds in the skies, lots of them. bright days to look forward to. here's meteorologist kari hall with the weather. >> temperatures reach into the upper 60s for today. this is a little cooler than normal, but also had a lot of cloud cover. expecting peeks of sunshine for today. in hayward and free mont, high of 68. 69 antioch and upper 60s for much of the peninsula, palo alto, 67. half moon day also. san francisco mid-60s for today and mid-60s for the north bay. clear lake warmer spot high of 70 and a light wind. we're going to see this weather repeat over the next few days and then see a slight warm-up. take a look at our extended seven-day forecast coming up in about 30 minutes. >> thank you, kari. >>>
driving a tesla the car plunged down a 300-foot cliff. his wife and two children in the car and all survaved. his wife claims he did it deliberately and had been depressed. patel pleaded not guilty saying he just pulled over to check a tire. two witnesses appeared in court. a final decision by the judge is not expected until may 2nd. >>> clouds in the skies, lots of them. bright days to look forward to. here's meteorologist kari hall with the weather. >> temperatures reach into...
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Apr 24, 2024
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he told one tesla bowls are rallying behind, if you believe that tesla can take where they are right now and improve, look at what he told people during the conference call yesterday -- he said they need to do something in terms of volume, improving over the next couple of years. he says we have more affordable models coming. he did not tell us what the affordable models will be, are they brand-new models were simply tweaks on current models? more models that are affordable which pushed the stock higher. he talked about robo taxi optimism at 2024 deliveries, not growing as fast as they did in 2023 at 30%, they are expected to go higher. last year, they delivered 1.81 million and the estimate now is for 1.9 million. elon musk was asked, will you get 1.81? he said yes, they expect to grow deliveries in 2024. shares of tesla, keep in mind revenue was down 9% in the first quarter, that is the biggest year-over-year decline in revenue for tesla since 2012. the story is something people embraced after hours. >> thank you for setting up for us as analysts have mixed feeling about the first-
he told one tesla bowls are rallying behind, if you believe that tesla can take where they are right now and improve, look at what he told people during the conference call yesterday -- he said they need to do something in terms of volume, improving over the next couple of years. he says we have more affordable models coming. he did not tell us what the affordable models will be, are they brand-new models were simply tweaks on current models? more models that are affordable which pushed the...
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Apr 24, 2024
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in 2023 you may remember in a tesla plunged down the 300-foot cliff near devil's slide with his wyche and three children inside. all survived. did it deliberately and going through depression. he pleased not guilty claiming pulling over to check the tire. two witness are appearing in court today. >>> the final decision from the judge is not expected until the next hearing may 2nd. >>> happening today, mma fighter back in court facing attempted murder and other charges for shooting a man during a car chase through several south bay cities. he is accused of molesting a young family member of velasquezs. he has pleaded not guilty to all charges. >>> just into our newsroom california is remembering a trail blazer. delaine eastinserved from 1995 to 2003. resting counties in the state acceptably, also a council member in union city. a public celebration of life is being organized for this summer. >>> conversations surrounding abortions who can get them, when is it legal continue with the supreme court. hearing a challenge this morning to an idaho law which forbids doctors from performing em
in 2023 you may remember in a tesla plunged down the 300-foot cliff near devil's slide with his wyche and three children inside. all survived. did it deliberately and going through depression. he pleased not guilty claiming pulling over to check the tire. two witness are appearing in court today. >>> the final decision from the judge is not expected until the next hearing may 2nd. >>> happening today, mma fighter back in court facing attempted murder and other charges for...
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Apr 24, 2024
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tesla shares a big focus here. back over to you >> dom, thank you very much. sit a big week for the economy, with pce on friday, the gdp tomorrow, and critical to that gdp report will be a number that isn't even part of that report, it's the productivity number that has ignited a debate about whether or not the data signal a boom or a blip and steve liesman has the latest on that. a debate with the fed and economists you've got to love to see the fur fly. >> well, there are members of each side within each group, right? you have the fed folks who are optimists and pessimists and some economists, as well the growth in productivity is the biggest part in how the economy grows, and whether we're seeing a post pandemic noise in the data, or is it a real boom here's the data for the five years before the pandemic. productivity grew at a trend like 4.4%. through the first quarter of last year, it dropped to 1.3, followed by a really worrying decline. but it's come back the past three quarters have seen an off the chart number average of 3.7% chicago fed president au
tesla shares a big focus here. back over to you >> dom, thank you very much. sit a big week for the economy, with pce on friday, the gdp tomorrow, and critical to that gdp report will be a number that isn't even part of that report, it's the productivity number that has ignited a debate about whether or not the data signal a boom or a blip and steve liesman has the latest on that. a debate with the fed and economists you've got to love to see the fur fly. >> well, there are members...
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Apr 24, 2024
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tesla is up 15 bucks, 10%. "coast to coast" starts now. >> coming up this hour, defund the universities, that is the message from lawmakers who want to cut federal funding to schools who allow an anti-semitic protest. we'll get reaction from congressman pat fallon. growing migration of colleges down south could lead to boost and those cities. "coast to coast" starts right now. edward: i'm edward lawrence in nor neil in washington, d.c. as some senate republicans put schools on notice, cut the protests or we're cutting fund funding. fox business's hilary vaughn is at the white house digging deeper. >> reporter: edward, there are growing calls on capitol hill to have the president of columbia to resign. speaker johnson calling for that as well as new york congresswoman nicole malliotakis. that the president should resign of columbia. she will be with johnson at columbia today. mall she says not just the money but student loan forgiveness that president biden is handing out. >> president shafik cannot keep their s
tesla is up 15 bucks, 10%. "coast to coast" starts now. >> coming up this hour, defund the universities, that is the message from lawmakers who want to cut federal funding to schools who allow an anti-semitic protest. we'll get reaction from congressman pat fallon. growing migration of colleges down south could lead to boost and those cities. "coast to coast" starts right now. edward: i'm edward lawrence in nor neil in washington, d.c. as some senate republicans put...
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Apr 24, 2024
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tesla is eliminating about 6000 jobs in california and texas. about half ctors in fremont and palo alto. last week, tesla announced that it was laying off more than 10% of its 140,000 employees. financial experts say. tesla also recently cut prices by $2,000 to increase sales. >> i do believe that there is the possibility that we'll see more layoffs because musk has announced that he wants to launch hot and heavy into, more automated production robotic factories, probably a lot of ai in that as well. >> layoffs are expected to start in june, but tesla ceo elon musk says he has grand plans for tesla and wants to produce more affordable electric cars starting next year. >> new this morning, the department of transportation announced new rules on airline cancellations and delays. as griff jenkins reports, the new rules are meant to make sure that passengers get refunds when they're due. >> after major disruptions to air travel in recent years, the biden administration says it's following through with a promise to hold airlines accountable. new fede
tesla is eliminating about 6000 jobs in california and texas. about half ctors in fremont and palo alto. last week, tesla announced that it was laying off more than 10% of its 140,000 employees. financial experts say. tesla also recently cut prices by $2,000 to increase sales. >> i do believe that there is the possibility that we'll see more layoffs because musk has announced that he wants to launch hot and heavy into, more automated production robotic factories, probably a lot of ai in...
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Apr 24, 2024
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abigail: tesla, rallying in a massive way. up 10%. it has to do with not just of the quarter was really negative, as you mentioned. take a look at the chart. since last july it has been a trip -- downtrend. up 40% on the year. investors expecting the worst. from earnings they expected sales of 29 billion dollars, with adjusted profits it was down 53% on a year-over-year basis. speaking of, at this point the stock is about flat year-over-year, down 1.5 percent. earlier it had literally been flat as investors, cheered by what elon musk had said around the cheaper ev being likely, even by the end of this year. you mentioned a cash flow problem. take a look at that, down $2.5 billion, they burn through that in that quarter after so many quarters of positive cash flow. so, that is the big concern but that narrative around a cheaper ev being out sooner rather than later is helping out. meta over the last year, up 120 9% relative to earnings. investors looking at four dollars $.44 per share with 64% growth on the top line. 26% growth. a high
abigail: tesla, rallying in a massive way. up 10%. it has to do with not just of the quarter was really negative, as you mentioned. take a look at the chart. since last july it has been a trip -- downtrend. up 40% on the year. investors expecting the worst. from earnings they expected sales of 29 billion dollars, with adjusted profits it was down 53% on a year-over-year basis. speaking of, at this point the stock is about flat year-over-year, down 1.5 percent. earlier it had literally been flat...
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Apr 24, 2024
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and so many other things in this country, you know, this morning tesla stock is up 9%. despite the company seeing its biggest drop in revenue in 12 years. promises of an affordable evey by early next year alongside continuing investment in the future robotaxis fleet a really really big wins for investors of the bay area automobile company, you know, test the previously had said it's new ebs would come about late 2024. well, the good news for investors, cast a dark shadow for employees, a ceo elon musk announced that tesla is going to lay off 10%. its global workforce that is painful now more than 2700 employees set to lose their jobs starting in june, the bay area automotive company will lay off staff and texas and yes, right here in california that includes more than 2200 jobs from fremont and nearly 500. lost. and palo alto. there's a new rule that will make it easier for workers to quit their jobs. the federal trade commission voted to ban non compete agreements, so listen up if you have 1 of those this affects you. non competes, discourage employees or even bar empl
and so many other things in this country, you know, this morning tesla stock is up 9%. despite the company seeing its biggest drop in revenue in 12 years. promises of an affordable evey by early next year alongside continuing investment in the future robotaxis fleet a really really big wins for investors of the bay area automobile company, you know, test the previously had said it's new ebs would come about late 2024. well, the good news for investors, cast a dark shadow for employees, a ceo...
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Apr 24, 2024
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have you build up a stake in tesla? nancy: i don't think he wanted to -- i don't thing you want to chase the stock. it went up to $240 and we sold some and bought some back a little too early. i think what you want to look for is for most of us robotaxis sound crazy. i commute a third of a mile every day and coming and going icy a waymo in scottsdale. "anywhere without seeing they are ubiquitous. being second to that market is not a bad thing. i think elon and the company has been focused on improving that software. the software is slick and about 50% of drivers use it. the adoption rate will increase and the rest of us will come to the party at some point. ed: nancy, great to see you. i want to scratch a bit deeper at that, because it is completely black-and-white for musk. he could not be more clear to investors. if you don't believe in the autonomous driving vision, don't be an investor. what is interesting for institutional professional investors like you, somebody had an affordable ev at the heart of their thesis.
have you build up a stake in tesla? nancy: i don't think he wanted to -- i don't thing you want to chase the stock. it went up to $240 and we sold some and bought some back a little too early. i think what you want to look for is for most of us robotaxis sound crazy. i commute a third of a mile every day and coming and going icy a waymo in scottsdale. "anywhere without seeing they are ubiquitous. being second to that market is not a bad thing. i think elon and the company has been focused...
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Apr 24, 2024
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tesla is up 15 bucks, 10%. "coast to coast" starts now. >> coming up this hour, defund the universities, that is the message from lawmakers who want to cut federal funding to
tesla is up 15 bucks, 10%. "coast to coast" starts now. >> coming up this hour, defund the universities, that is the message from lawmakers who want to cut federal funding to
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Apr 24, 2024
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thousands of tesla workers in the bay area will be looking for new jobs, as tesla is eliminating some 6000 positions in california and texas. about half of them are at tesla factories in fremont and palo alto. last week, tesla announced it was laying off more than 10% of its 140,000 employees. financial experts say that tesla also recently cut prices by $2,000 on its vehicles , in an effort to increase sales. >> i do believe that there is the possibility that we'll see more layoffs, because musk has announced that he wants to launch hot and heavy into, more automated production robotic factories. probably a lot of ai in that as well. >> layoffs are expected to start in june. analysts say growing competition in the electric vehicle market and cooling demand for evs are among the factors that led to tesla's move. >> a measure to build a new road for busses in palo alto is headed to the november ballot. the goal to free up traffic near university avenue. >> the proposed project would directly improve congestion and safety for all modes of transportation in this key regional gateway. >> i
thousands of tesla workers in the bay area will be looking for new jobs, as tesla is eliminating some 6000 positions in california and texas. about half of them are at tesla factories in fremont and palo alto. last week, tesla announced it was laying off more than 10% of its 140,000 employees. financial experts say that tesla also recently cut prices by $2,000 on its vehicles , in an effort to increase sales. >> i do believe that there is the possibility that we'll see more layoffs,...
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Apr 24, 2024
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show me tesla please, we open the market, tesla stock, some green there, tesla stock is now up 15%, it added to the gains of "the opening bell". are you buying tesla? somebody is? >> good morning. our firm, we've got to is the of course and it was more of a minor share as things were having a hard start to the year but yeah, really excited here about the innovations that could happen, elana musk came through in the last minute with that call saying they were coming out with their $30,000 vehicle sooner than before but ultimately tesla has been this innovator for a long time and ultimately they can lead into the future which is what they have ultimately done. stuart: so you own it, you are keeping it, you' re not selling it, but it is getting a lot from here, next case, matter, they report after the closing bell this afternoon, what are you looking for? >> take a look at meta here, they had this year they were trimming the fat if you will and now getting some innovation, our hope to get a better deal in these chips because they've got massive expenses going out here over the next week.
show me tesla please, we open the market, tesla stock, some green there, tesla stock is now up 15%, it added to the gains of "the opening bell". are you buying tesla? somebody is? >> good morning. our firm, we've got to is the of course and it was more of a minor share as things were having a hard start to the year but yeah, really excited here about the innovations that could happen, elana musk came through in the last minute with that call saying they were coming out with...
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Apr 24, 2024
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he also added that tesla had trying to produce a lower cost electric car but admitted to shelving the product. >> they did finally confirm that the so-called $25,000 car, the next generation product. >> that they have been developing has been shelved for the time being. that was that was it stated was supposed to come out in the 2nd half of 2025. >> bottom line, the transportation expert says that all of these cuts are going to be saving the company. several billion dollars in capital expenditures here in fremont theresa kron. 4 news. >> well, this comes as google is also firing people after they protested the israel-hamas war last week as we reported more than 20 pro palestinian workers were fired after holding sit-in protests to google's offices and sunnyvale. and in new york. well, now the company says that additional employees have been fired as well after an investigation revealed the identities of those who were wearing masks, a group representing the workers say more than 50 employees were fired in all. they say they were protesting the company supplying the israeli government
he also added that tesla had trying to produce a lower cost electric car but admitted to shelving the product. >> they did finally confirm that the so-called $25,000 car, the next generation product. >> that they have been developing has been shelved for the time being. that was that was it stated was supposed to come out in the 2nd half of 2025. >> bottom line, the transportation expert says that all of these cuts are going to be saving the company. several billion dollars in...
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Apr 24, 2024
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. >> michael: questions about the future of tesla after a 55% drop in profit. some 14,000 recent layoffs and lackluster sales. elon musk tried to reassure investors during the conference call. tesla stock price climbed 10% after the call but it is now less than half of what it was at its peak 2 1/2 years ago. take a look at this dramatic rescue. two barbers in connecticut jumping into action as a little girl runs to a busy intersection. they dropped their scissors, caught up to the girl mere seconds before she reached a busy intersection. >> robin: oh, wow. >> michael: all the cars speeding by. the girl's mom said she was shocked and embarrassed but grateful at the same time. >> robin: quick thinking. >> michael: quick thinking. great job there. we got a lot more ahead including the new ftc ruling that could make a big difference for people looking to change jobs. that's all coming up, george. >> george: a moscow court rejected the latest appeal by wrongfully detained evan gershkovich. he was arrested a year ago, accused of spying. abc news was in the courtroom
. >> michael: questions about the future of tesla after a 55% drop in profit. some 14,000 recent layoffs and lackluster sales. elon musk tried to reassure investors during the conference call. tesla stock price climbed 10% after the call but it is now less than half of what it was at its peak 2 1/2 years ago. take a look at this dramatic rescue. two barbers in connecticut jumping into action as a little girl runs to a busy intersection. they dropped their scissors, caught up to the girl...
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Apr 24, 2024
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tesla. they've been waiting for this, but what are they waiting for? the app is cool. you summon it. i summoned on uber last night, and there was a person in it driving it i like that. if not, i may not have liked that given the fact that i was in san francisco during a time where you didn't want driverless >> he did saying version 12 was "profound. we have uber and lyft moving on this lyft is down a percent >> i think we're in one of these in interregnum periods. everything that was bad is now good it's frontsy/backsy. remember the movie, "bananas"? everybody must wear underwear, and to ensure it, you have to wear it on the outside people probably don't know who woody allen is >> he has a movie in theaters, like, right now. >> that's the bad woody allen. >> haven't been a lot of good ones lately. >> it's almost comical how much everybody loves a free cash flow story that's horrendous. >> if i'm not mistaken, "sleeper," there were autonomous automobiles >> there were all kinds of gadgets. >>
tesla. they've been waiting for this, but what are they waiting for? the app is cool. you summon it. i summoned on uber last night, and there was a person in it driving it i like that. if not, i may not have liked that given the fact that i was in san francisco during a time where you didn't want driverless >> he did saying version 12 was "profound. we have uber and lyft moving on this lyft is down a percent >> i think we're in one of these in interregnum periods. everything...
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Apr 24, 2024
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stuart: tesla's stock zooms. elon musk gave the outlook, and that's what investors were waiting for. he pointed the way for tesla to speed up the production of lower priced cars. that, he thinks, will bring in far more ev buyers. he's also all in on robotaxis. investors seemed to like the idea of kind of transforming the company. the stock is up 11%. that is huge. overall, stocks adding to some of the gains there from tuesday. the dow, though, down 65, s&p up 3. the nasdaq doing well thanks to tesla, that's up 86 points. interest rates pretty much in check. the 10-year treasury is just above, well, no, it's moving higher now, 4.65%. maybe that that's why some stocks are coming down just a little from their highs. the 2-year, it was well below 5%, it still is, 4.95% there. little movement on bitcoin. what happened to the halving event? bitcoin's been stuck around $66,000 for days. no are recovery for gold. it had hit well above $2400 last week with, now it's $2335 and and now $-- down $6. oil $83.20 right now. gas
stuart: tesla's stock zooms. elon musk gave the outlook, and that's what investors were waiting for. he pointed the way for tesla to speed up the production of lower priced cars. that, he thinks, will bring in far more ev buyers. he's also all in on robotaxis. investors seemed to like the idea of kind of transforming the company. the stock is up 11%. that is huge. overall, stocks adding to some of the gains there from tuesday. the dow, though, down 65, s&p up 3. the nasdaq doing well thanks...
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Apr 24, 2024
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tesla laid out 10%. it lost two major vacuums. on the conference call: the head of their investor department said he was leaving. by the way, i'm leaving. >> how long did we wait for those cyber trucks? >> at least seven years. >> since 2025. we all know that the express locations are set to close. the company announced a filing of bankruptcy. it includes two bay area express stores. one of them at bay street in emeryville. the company will also close all of its west stores which includes wanted santana row in san jose. closing sales are already underway. remember when you were in your younger 20s and party all night? that seems to be changing. >>> more young people are leaving the bustle of city life. >> millennial now heading to golf courses. not just duty up and also to live in. retirement communities. now we are living with our grandparents. from their late 20s to their early 40s according to wall street journal. the trend started during the pandemic and more golf rounds were played during the pandemic and last year than ever
tesla laid out 10%. it lost two major vacuums. on the conference call: the head of their investor department said he was leaving. by the way, i'm leaving. >> how long did we wait for those cyber trucks? >> at least seven years. >> since 2025. we all know that the express locations are set to close. the company announced a filing of bankruptcy. it includes two bay area express stores. one of them at bay street in emeryville. the company will also close all of its west stores...
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Apr 24, 2024
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. >>> all right, tesla troubles. the tough news for the company and the many bay area employees this morning. plus -- ♪ ♪ >>> we're not running bay from anything. we're circling back on the coverage of outside next. stop. you got it? let's go back to the beginning. are you... your electric future. customized. the fully-electric audi q4 e-tron. get exceptional offers at your local audi dealer. ♪ ♪ everyone needs a place to recharge. how we get there matters. get exceptional offers at your local audi dealer. nothing dims my light like a migraine. with nurtec odt, i found relief. the only migraine medication that helps treat and prevent, all in one. to those with migraine, i see you. for the acute treatment of migraine with or without aura and the preventive treatment of episodic migraine in adults. don't take if allergic to nurtec odt. allergic reactions can occur, even days after using. most common side effects were nausea, indigestion, and stomach pain. it's time we all shine. talk to a healthcare provider ab
. >>> all right, tesla troubles. the tough news for the company and the many bay area employees this morning. plus -- ♪ ♪ >>> we're not running bay from anything. we're circling back on the coverage of outside next. stop. you got it? let's go back to the beginning. are you... your electric future. customized. the fully-electric audi q4 e-tron. get exceptional offers at your local audi dealer. ♪ ♪ everyone needs a place to recharge. how we get there matters. get...
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Apr 24, 2024
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the cuts are part of tesla's effort to reduce its global workforce by 10. ceo elon musk first made the announcement last week. yesterday, tesla reported a 9% drop in revenue to $21.3 billion in the first quarter compared to a year ago. that's the biggest decline for the company in over a decade. new at six boeing is being criticized for allegedly retaliating against two of its engineers. the two employees were working on behalf of the faa to provide manufacturing oversight. a union representing those workers filed a complaint against boeing. they say the company retaliated against them after they insisted the company redo engineering work on planes to comply with new regulations. soon after, they say they received negative performance evaluations. boeing denies their claims. >> now it's your morning money report. if you're an american airlines flier, you may want to check those reward points guidelines. starting in july, the airline is changing the way you can earn rewards. people can earn points by booking flights only through american or its preferred cha
the cuts are part of tesla's effort to reduce its global workforce by 10. ceo elon musk first made the announcement last week. yesterday, tesla reported a 9% drop in revenue to $21.3 billion in the first quarter compared to a year ago. that's the biggest decline for the company in over a decade. new at six boeing is being criticized for allegedly retaliating against two of its engineers. the two employees were working on behalf of the faa to provide manufacturing oversight. a union representing...
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Apr 24, 2024
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stuart: tesla's stock zooms. elon musk gave the outlook, and that's what invest
stuart: tesla's stock zooms. elon musk gave the outlook, and that's what invest
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Apr 24, 2024
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back in 2023, he was driving his tesla and it plunged off 300 foot cliff near devil slide with his wife and two children in the car. all of them miraculously, survived the crash. his wife claims he did it on purpose, and he had been depressed. he pleaded not guilty and says he was pulling over to check a tire. findings from a mental health expert will be introduced at the hearing this morning. >>> also today, in east bay pastor accused of sexually assaulting young members of the congregation face as judge. he will have a preliminary hearing at 8:30 this morning. victor hernandez was a pastor at spanish language christian church and faces 16 charges varying from rain of a child over the age of 14, to kidnapping and molestation. he is being held on $10 million bond. he pleaded not guilty. >>> sonoma county sheriff office issuing a plea for help in solving cold case. detectives are trying to figure out what happened to this man. his name is jeffrey roofin and investigators say someone found a human skull off dunkin road in mont rio back in 2001. investigators determined the cause of death
back in 2023, he was driving his tesla and it plunged off 300 foot cliff near devil slide with his wife and two children in the car. all of them miraculously, survived the crash. his wife claims he did it on purpose, and he had been depressed. he pleaded not guilty and says he was pulling over to check a tire. findings from a mental health expert will be introduced at the hearing this morning. >>> also today, in east bay pastor accused of sexually assaulting young members of the...
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Apr 24, 2024
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. >> number four, tesla is laying off more than 3300 employees in california. more than 1300 of those people work at the fremont factory. several dozen others also work in palo alto. >> and number five, we have a cloudy morning out there, some coastal drizzle as well. it's a cool day today. will repeat that tomorrow before winds kick up here to finish out the week on friday and number six we're taking a look at drive times. >> you can see the typical slowdown tracy to dublin will take you 45 minutes. san rafael to san francisco 17 minutes and then antioch to concord 61 minutes. at number seven, today is the third annual hatch day celebration at the berkeley art museum. they'll be live streaming. andy the falcon's nest on their outdoor screen starting at 9 a.m. annie's two remaining eggs are predicted to hatch today. the event includes falcon experts and a live raptor. >> we just love annie. i'm glad to see that she's thriving next time you visit the lake tahoe area, you may notice a common item is missing. plastic water bottles are now banned in south lake taho
. >> number four, tesla is laying off more than 3300 employees in california. more than 1300 of those people work at the fremont factory. several dozen others also work in palo alto. >> and number five, we have a cloudy morning out there, some coastal drizzle as well. it's a cool day today. will repeat that tomorrow before winds kick up here to finish out the week on friday and number six we're taking a look at drive times. >> you can see the typical slowdown tracy to dublin...
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Apr 24, 2024
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car makers, including tesla, now cutting prices. the wall stree"wall street jour reporting people shying away from the company, after fiery comments made by musk about immigration and anti-smetemitis. >> i'll say what i want to say, and if the consequence of that is losing money, so be it. >> and our thanks to guad for that report. >>> still to come, a hollywood whodunit. a new studio is getting away with the rights to a new board game. the rights to a new board game. family. ahh! zevo is made with essential oils which attack bugs' biological systems. it wipes cleanly, plus is safe for use around people and pets. gotcha! zevo. people-friendly. bug-deadly. [tense music] one aleve works all day so i can keep working my magic. just one aleve. 12 hours of uninterrupted pain relief. aleve. who do you take it for? ...and for fast topical pain relief,try alevex. this isn't charmin! no wonder i don't feel as clean. here's charmin ultra strong. ahhh! my bottom's been saved! with its diamond weave texture, charmin ultra strong cleans better w
car makers, including tesla, now cutting prices. the wall stree"wall street jour reporting people shying away from the company, after fiery comments made by musk about immigration and anti-smetemitis. >> i'll say what i want to say, and if the consequence of that is losing money, so be it. >> and our thanks to guad for that report. >>> still to come, a hollywood whodunit. a new studio is getting away with the rights to a new board game. the rights to a new board game....
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Apr 24, 2024
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. >> coming up, tesla in trouble. the cheaper car that could come to its rescue. >> also ahead speaking of rescue, the two barber shop rescue, the two barber shop workers who saved a i would describe my mom as... incredibly nurturing and encouraging. honest! truly my rock. she's hilarious. —cheeky. —cheeky? yeah, you think you're funny. i am funny. she really truly makes me feel loved. i love that they're true romantics, in spite of it all. (giggles) the most authentic and real person in the world. thanks, dyl. yeah! i am who i am because she is who she is. diamonds for all mothers. pandora. lab-grown diamonds. mmm...rainbow sprinkles, jammy filling and frosting?! friends, pop-tarts, pastrymates! lend me your ears! —oh boy. we're going off the crust again. wait till i get warmed up. pop-tarts! crazy good. ( ♪ ♪ ) start your day with nature made. the #1 pharmacist recommended vitamin and supplement brand. if it's been a minute since you've been to panera, you might not want to wait a second longer. more new s
. >> coming up, tesla in trouble. the cheaper car that could come to its rescue. >> also ahead speaking of rescue, the two barber shop rescue, the two barber shop workers who saved a i would describe my mom as... incredibly nurturing and encouraging. honest! truly my rock. she's hilarious. —cheeky. —cheeky? yeah, you think you're funny. i am funny. she really truly makes me feel loved. i love that they're true romantics, in spite of it all. (giggles) the most authentic and real...
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Apr 24, 2024
04/24
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thousands of tesla workers in the bay area will now be looking for a new job. >> tesla is eliminating about 6000 jobs in california and texas. about half of those jobs are at the tesla factories in fremont and palo alto. last week, tesla announced it was laying off more than 10% of its 140,000 employees. tesla also recently cut prices in china and germany to increase sales. i do believe that there is the possibility that we'll see more layoffs because musk has announced that he wants to launch hot and heavy into, more automated production robotic factories. >> probably a lot of ai in that as well. >> layoffs are expected to start in june. tesla ceo elon musk is also speeding up the timeline for rolling out more affordable electric cars, starting next year. dunn-edwards paints adding 17 new stores in northern california, some good news about jobs. the company says the stores will fill a void left when kelly-moore paint stores closed in january. dunn-edwards says it has hired 125 people for the new stores, and almost all of them are former kelly-moore employees. ten of the 17 northern c
thousands of tesla workers in the bay area will now be looking for a new job. >> tesla is eliminating about 6000 jobs in california and texas. about half of those jobs are at the tesla factories in fremont and palo alto. last week, tesla announced it was laying off more than 10% of its 140,000 employees. tesla also recently cut prices in china and germany to increase sales. i do believe that there is the possibility that we'll see more layoffs because musk has announced that he wants to...
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Apr 24, 2024
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. >>> and can tesla still jolt the ev market after a brutal earnings report? >>> an amateur sleuth confronts a car thief after tracking him down using a tiny piece of tech. how you can protect your vehicle. and another night of nail-biters as the mavs even it up against the clippers in a huge game by luka. w wednesday's just tipping off. "early today" starts right now. good morning, i'm frances rivera. we begin with the fallout from the israeli war in gaza that's triggering mass anti-war protests on college campuses on a scale we have not seen since vietnam. at columbia university here in new york city, campus authorities in the last hour announcing progress in talks with student protesters are about encampment. extending conversations by 48 hours. among the terms is that newspaper-student protesters be evicted. outsiders have been blamed for harassment and intimidation. at new york university, more than a hundred people were arrested. the protest movements have condemned all anti-jewish bigotry and insists the demonstrations are peaceful. >> nyu has been enga
. >>> and can tesla still jolt the ev market after a brutal earnings report? >>> an amateur sleuth confronts a car thief after tracking him down using a tiny piece of tech. how you can protect your vehicle. and another night of nail-biters as the mavs even it up against the clippers in a huge game by luka. w wednesday's just tipping off. "early today" starts right now. good morning, i'm frances rivera. we begin with the fallout from the israeli war in gaza that's...
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Apr 24, 2024
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we've got meta after the bell, tesla is rallying, stock is up 12 and a quarter percent despite the company reporting the biggest revenue decline in more than 10 years. the word on wall street panel is here with expectations and what it means for markets. you're watching "mornings with maria" live on fox business. stay with us. ♪ everyone say space pod! (♪) meanwhile, at a vrbo... when other vacation rentals are just for likes, try one where you'll actually like. after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" bacon and eggs 25/7. you're darn right. solar stocks are up 20% with the additional hour in the day. [ clocks ticking ] i'm ruined. with the extra hour i'm thinking companywide power nap. let's put it to a vote. [ all snoring ] this is going to wreak havoc on overtime approvals. anything can change the world of work. from hr to payroll, adp designs forward-thinking solutions to take on the next anything. maria: welcome back. time for the word on wall street, top investors watching your money. joining me is
we've got meta after the bell, tesla is rallying, stock is up 12 and a quarter percent despite the company reporting the biggest revenue decline in more than 10 years. the word on wall street panel is here with expectations and what it means for markets. you're watching "mornings with maria" live on fox business. stay with us. ♪ everyone say space pod! (♪) meanwhile, at a vrbo... when other vacation rentals are just for likes, try one where you'll actually like. after last month's...
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Apr 24, 2024
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there was something happening at tesla. we try to put airhead around what tesla could be doing but it didn't make sense. the reality was the exact opposite from the way reuters presented the situation was the initiatives they came across a something that needed to be accelerated and not postponed or canceled. that's what elon musk told him in february. he said we are trying to sell 3 million units per year. at these price points, it's not going to happen. the demand is not large enough for that to happen. we need something like a model that comes in earlier to continue to grow and we plan for capacity for model 3 and model y that is too much because we will never sell 3 million units at that price point. let's take some of the project like the plans we have after the model -- next model generation and let's integrate innovations into the platform in order to be able to penetrate the market asap with less expensive cars. what i see coming through here, let's see how fast it comes in elon musk tends to want things to happen f
there was something happening at tesla. we try to put airhead around what tesla could be doing but it didn't make sense. the reality was the exact opposite from the way reuters presented the situation was the initiatives they came across a something that needed to be accelerated and not postponed or canceled. that's what elon musk told him in february. he said we are trying to sell 3 million units per year. at these price points, it's not going to happen. the demand is not large enough for that...
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Apr 24, 2024
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from big tech began tonight with meta out "after the bell" alphabet, microsoft reporting tomorrow, tesla on the move, after profits wound and ev news, all that coming out, europeans are higher, take a look at the year's only gains across the board. in asia overnight also move it across the board secretary of state anthony blinken arriving in shanghai for three day trip, the asian embassies higher, house speaker mike johnson in new york today to meet with jewish students at columbia university campus, protest still underway even faculty of columbia have joined into the protest. president trump blaming the nationwide protest on president biden who by the way gets to ride the campaign trail all week as true battles a gag order in a manhattan courtroom, joining to the conversation politics cofounder hannah cox back with us, the boosting global opinion writer and editorial board writer and bullseye american ingenuity fund manager adam johnson, "mornings with maria" is live right now ♪ ♪. maria: it's time for the hot topic of hour protest of columbia university happening through the night
from big tech began tonight with meta out "after the bell" alphabet, microsoft reporting tomorrow, tesla on the move, after profits wound and ev news, all that coming out, europeans are higher, take a look at the year's only gains across the board. in asia overnight also move it across the board secretary of state anthony blinken arriving in shanghai for three day trip, the asian embassies higher, house speaker mike johnson in new york today to meet with jewish students at columbia...
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Apr 24, 2024
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tesla earnings after the mark. gm did a triple beat, and they are getting through their production issues now ramping evs. whichy a think creates demand challenges for tesla, because there are so many now ev industries coming to market. so i think they are having to answer the pressure to have lower cost evs. >> right. >> same time, they're trying to move the story to the economy and the longer-term -- >> for the investors, though, today, speaking about tesla. do you have to think about it? he's made the case you have to think about it as an autonomous vehicle company long term,s to capture valuations where even tesla sits in terms of the stock price today >> yeah. a little, hey, look over here, when the core business is weak recast a different story i think a little bit of that going on for sure. because their core business is weak and straightforward about that i think, yeah. the support of a valuation you've got to believe in this recast, into autonomous. >> straight up do you believe it? >> i think there are al
tesla earnings after the mark. gm did a triple beat, and they are getting through their production issues now ramping evs. whichy a think creates demand challenges for tesla, because there are so many now ev industries coming to market. so i think they are having to answer the pressure to have lower cost evs. >> right. >> same time, they're trying to move the story to the economy and the longer-term -- >> for the investors, though, today, speaking about tesla. do you have to...
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Apr 24, 2024
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tesla shares have been down 40%. revenue is down 9%, and a lot of focus on a conference call that elon musk gave to investors about the future of the company. he is now indicating that tesla is going to make a cheaper vehicle, something on the order of 25,000, $30,000 vehicle. a lot of investors were looking and hoping that might be the case. the stock of tesla is still at a premium to almost every other auto maker in the world, and you almost have to believe if you are investing in tesla today, it's not just a car company but may become a robotaxi company, maybe a technology company and the like. he is still planning or says he's planning to develop automated vehicles, and the question of course is when. we're all going to be waiting for that. a lot of folks have been waiting for that for a very long time. >> we'll be watching. cnbc's andrew ross sorkin, thank you very much. >> thank you. >>> and coming up, we have reaction from capitol hill on the foreign aid bills, including mitch mcconnell's comments on who's to
tesla shares have been down 40%. revenue is down 9%, and a lot of focus on a conference call that elon musk gave to investors about the future of the company. he is now indicating that tesla is going to make a cheaper vehicle, something on the order of 25,000, $30,000 vehicle. a lot of investors were looking and hoping that might be the case. the stock of tesla is still at a premium to almost every other auto maker in the world, and you almost have to believe if you are investing in tesla...
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Apr 24, 2024
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. >>> a big boost coming thanks to tesla. shares firing on all cylinders ahead of the opening despite reporting its biggest drop in q1 revenue in more than a decade. we are going to dig into those results. >>> heading to the president's desk the senate signing off to sell the popular app, setting the stage for a big legal fight. plus this week's earnings parade meta takes the big tech baton. we're going to look at the key metrics you need to watch. boeing expected to report in just over two hours as the aerospace giant continues to face a bumpy road ahead around production issues and succession questions. it's wednesday, april 24th, 2024 and you're watching "worldwide exchange" right here on cnbc ♪ >>> good morning welcome to "worldwide exchange." we're coming to you live from cnbc london. thanks so much for being here with us. let's get you ready for the trading addai head we check on the tech stock futures with the s&p and nasdaq. the s&p has seen its best day since february the douceting its streak to four straight days.
. >>> a big boost coming thanks to tesla. shares firing on all cylinders ahead of the opening despite reporting its biggest drop in q1 revenue in more than a decade. we are going to dig into those results. >>> heading to the president's desk the senate signing off to sell the popular app, setting the stage for a big legal fight. plus this week's earnings parade meta takes the big tech baton. we're going to look at the key metrics you need to watch. boeing expected to report in...
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tesla reported a 9% decline in sales. tesla messing analyst estimates, and we know tesla is facing slower demand for evs as well as competition from chinese players. but the shares in tesla are trading higher after ceo elon musk said on the call the company plans production of new bottles in early 2025 even though late this ear after previously saying it would be in the second half of 2025. and they're making some models more affordable and on its current production lines without giving any specific details. >> and the cost of evs is definitely plummeting especially for tesla. cnbc's charlotte reed live from london, thank you very much. >>> and still ahead new polling finds donald trump leading joe biden in several key swing states. we'll break down those numbers and what it means for the president's re-election campaign. that's coming up next on "way too early". o early" bladder leak underwear has one job. i just want to feel protected! especially for those sudden gush moments. always discreet protects like no other. wit
tesla reported a 9% decline in sales. tesla messing analyst estimates, and we know tesla is facing slower demand for evs as well as competition from chinese players. but the shares in tesla are trading higher after ceo elon musk said on the call the company plans production of new bottles in early 2025 even though late this ear after previously saying it would be in the second half of 2025. and they're making some models more affordable and on its current production lines without giving any...
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Apr 24, 2024
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tesla will begin illuminating those jobs in june. the news comes as tesla released its earnings report this afternoon. the company reported a 9% drop in revenue. its biggest decline, since 2012. tesla shares have also plummeted more than 1% this year. >>> new at 11:00, just when you think you have seen gas prices as high as they can go, one local station is giving drivers some extreme sticker shock. take a look. this is the chevron in menlo park, charging more than seven dollars a gallon for regular. $7.69 right there as well. that is at least a dollar more than stations nearby, and well above the state average of $5.42. so, why such a dramatic variation in pricing? aaa says gas stations set their own prices and a lot depends on when they by their gas. >> if their parent company were the individual destination, when it was really expensive and gas is really expensive they will have to sell it at that price in order to make a profit. if gas price and oil prices drop after they bought their gas, sometimes you will be fined more expensi
tesla will begin illuminating those jobs in june. the news comes as tesla released its earnings report this afternoon. the company reported a 9% drop in revenue. its biggest decline, since 2012. tesla shares have also plummeted more than 1% this year. >>> new at 11:00, just when you think you have seen gas prices as high as they can go, one local station is giving drivers some extreme sticker shock. take a look. this is the chevron in menlo park, charging more than seven dollars a...
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Apr 24, 2024
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it�*s been a rocky road for tesla this year. higher interest rates are taking a bite out of consumers�* purchasing power and pushing big purchases out of reach. competition with china, especially rival electric vehicle maker byd, is heating up. sales have been falling and so has tesla�*s stock. it�*s down within 40% this year. the company has been cutting prices and announced lay—offs. and then on tuesday, the company reported its first quarter earnings, missing expectations on earnings and revenue, and the company is anticipating lower deliveries this year compared to 2023. but investors have one bright spot to look to. tesla announced it�*s speeding up the launch of a lower—priced vehicle. more affordable models could be a boon for cash—strapped us consumers and a hit in big competitive markets worldwide like china and india. around the world and across the uk, this is bbc news. it�*s now ten years since the publication of a major report into deaths caused by asthma in the uk, which made several recommendations
it�*s been a rocky road for tesla this year. higher interest rates are taking a bite out of consumers�* purchasing power and pushing big purchases out of reach. competition with china, especially rival electric vehicle maker byd, is heating up. sales have been falling and so has tesla�*s stock. it�*s down within 40% this year. the company has been cutting prices and announced lay—offs. and then on tuesday, the company reported its first quarter earnings, missing expectations on...
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Apr 24, 2024
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tesla has been under pressure because of a declining sales and stronger competition from other electric vehicle makers. >> it's been more than a year now since wnba basketball star brittney griner came home from a 16 month detention in a russian prison. now, griner is opening up about the arrest and the prison stay that she says changed her life. griner's arrest on a drug charge and ultimately her release, became an international political matter. in an emotional interview with abc's robin roberts, griner shares for the first time details about the swap that led to her release and her time as a russian prison inmate. here's a preview. >> the mattress had a huge blood stain on it. i had no soap, no toilet paper that was the moment where i just felt less than a human. >> roberts also speaks with griner's wife about her role in advocating for brittney's release. the 2020 special prisoner in russia. the brittney griner interview airs may 1st at 10 p.m. right here on abc seven. it will also be available on hulu the next day. we are learning more about just what it's going to take to bring a
tesla has been under pressure because of a declining sales and stronger competition from other electric vehicle makers. >> it's been more than a year now since wnba basketball star brittney griner came home from a 16 month detention in a russian prison. now, griner is opening up about the arrest and the prison stay that she says changed her life. griner's arrest on a drug charge and ultimately her release, became an international political matter. in an emotional interview with abc's...
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Apr 24, 2024
04/24
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tesla profits slump as the road gets rockier for the electric car industry. but a promise of new models recharges the share price.
tesla profits slump as the road gets rockier for the electric car industry. but a promise of new models recharges the share price.
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Apr 24, 2024
04/24
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tesla has been under pressure because of a declining sales and stronger competition from other electric vehicle makers. >> it's been more than a year now since wnba basketball star brittney griner came home from a 16 month detention in a russian prison. now, griner is opening up about the arrest and the prison stay that she says changed her life. griner's arrest on a drug charge and ultimately her release, became an international political matter. in an emotional interview with abc's robin roberts, griner shares for the first time details about the swap that led to her release and her time as a russian prison inmate. here's a preview. >> the mattress had a huge blood stain on it. i had no soap, no toilet paper that was the moment where i just felt less than a human. >> roberts also speaks with griner's wife about her role in advocating for brittney's release. the 2020 special prisoner in russia. the brittney griner interview airs may 1st at 10 p.m. right here on abc seven. it will also be available on hulu the next day. we are learning more about just what it's going to take to bring a
tesla has been under pressure because of a declining sales and stronger competition from other electric vehicle makers. >> it's been more than a year now since wnba basketball star brittney griner came home from a 16 month detention in a russian prison. now, griner is opening up about the arrest and the prison stay that she says changed her life. griner's arrest on a drug charge and ultimately her release, became an international political matter. in an emotional interview with abc's...
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Apr 24, 2024
04/24
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this is really important for tesla and its future growth story, in particular as around 2024, which tesla faces growth. therefore, having newer models, it helps potentially refresh a line that has become stale, also has become very small. investors are happier with this at a time like this with something that would happen at the end of next year in 2025 that could come as soon as this year or early next. this is potentially very, very positive. unfortunately, there is still a lot of details that have yet to be clarified by elon musk. he is saying, wait until august when we will have an announcement on something related to a robotaxi and whether that could involve things that could be low cost and help to drive and revive this slumping stock performance. tom: and it just comes down to implementation. the key question as to whether they can implement the sped up time. danny joining us out of beijing. competition out of china has been one of the key factors, key challenges for elon musk and tesla. what stood out to you? danny: i think just across the range of metrics we were looking at, ever
this is really important for tesla and its future growth story, in particular as around 2024, which tesla faces growth. therefore, having newer models, it helps potentially refresh a line that has become stale, also has become very small. investors are happier with this at a time like this with something that would happen at the end of next year in 2025 that could come as soon as this year or early next. this is potentially very, very positive. unfortunately, there is still a lot of details...
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Apr 24, 2024
04/24
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tesla profits slump as the road gets rockier for the electric car industry. but a promise of new models recharges the share price. also to come: could time soon be up for tiktok? the us senate passes a bill demanding its chinese owners sell up within months, orface a ban in the us. now the legal battle begins. plus: canals, gondolas, and art! venice hosts the 60th biennale — the olympic games for the global art industry. we'll be getting the lowdown from one artist who has just got back.
tesla profits slump as the road gets rockier for the electric car industry. but a promise of new models recharges the share price. also to come: could time soon be up for tiktok? the us senate passes a bill demanding its chinese owners sell up within months, orface a ban in the us. now the legal battle begins. plus: canals, gondolas, and art! venice hosts the 60th biennale — the olympic games for the global art industry. we'll be getting the lowdown from one artist who has just got back.
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Apr 24, 2024
04/24
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tesla says it is slashing 2700 jobs across its locations in fremont and palo alto. tesla says it plans to cut 10% of its workforce, or 14,000 people, in this first round of layoffs. the company has seen a drop in deliveries and demand so far this year. tesla reported today that its earnings plummeted 55% in the first quarter, but its stock price surged in after hours trading. >> the california senate transportation committee is considering a first of its kind proposal about us airport security. the proposed law would ban companies that allow passengers to fast track and skip tsa lines. if the company doesn't pay for its own tsa staff lane. this applies to companies including clear, which charges passengers close to $200 a year to verify their identity by letting them skip tsa checkpoints. now, travelers at oakland international, one place where clear is offered shared mixed feelings about the services. >> i do a lot of traveling in the summer, and my team has to come with me. photographer, manager and if we're all late for the flight or if we all need to be moving,
tesla says it is slashing 2700 jobs across its locations in fremont and palo alto. tesla says it plans to cut 10% of its workforce, or 14,000 people, in this first round of layoffs. the company has seen a drop in deliveries and demand so far this year. tesla reported today that its earnings plummeted 55% in the first quarter, but its stock price surged in after hours trading. >> the california senate transportation committee is considering a first of its kind proposal about us airport...
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Apr 24, 2024
04/24
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tesla's profits tumble after the ev giant introduces deep cost—cutting measures as it faces stiff competition. hello and welcome to asia business report. i'm mariko 0i. the united states that is voting on a bill to potentially ban tiktok, that show you live pictures at the legislation if approved would and the popular
tesla's profits tumble after the ev giant introduces deep cost—cutting measures as it faces stiff competition. hello and welcome to asia business report. i'm mariko 0i. the united states that is voting on a bill to potentially ban tiktok, that show you live pictures at the legislation if approved would and the popular