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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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tesla stocks fit the whole year in with. however, when elon musk told a good story about cheap electric vehicles, and robo taxes people went nuts. in the stock shot up 12%. he did pull of berber real out of the head. musk is way to pitching these things. but, these winners feel like they are one-off to me. i don't know about you. there's no doubt in my mind if we get a sloppy treasury auction tomorrow so stocks will give up those games. i know that matters quarter were strong, but the guy was sweet. it could be an opportunity if he gets hit two. even though it's about my basis. i feel more bullish if the market were what we call oversold. but, my gauge will use is called the s&p oscillators for market edge. it's really oversold at -1.66. -5 means there's too much selling pressure. we are nowhere near that. we don't have that situation. that means. cash would be king if we were over. we can be that negative with the market. hence why cash is still rook. let's talk about matter. that's all you want to be talking about tomorrow
tesla stocks fit the whole year in with. however, when elon musk told a good story about cheap electric vehicles, and robo taxes people went nuts. in the stock shot up 12%. he did pull of berber real out of the head. musk is way to pitching these things. but, these winners feel like they are one-off to me. i don't know about you. there's no doubt in my mind if we get a sloppy treasury auction tomorrow so stocks will give up those games. i know that matters quarter were strong, but the guy was...
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., after tesla and elon musk. that's going to do it for us here at "overtime. >> “fast money” starts now. >>> live from the nasdaq market site in the heart of new york city's times square, this is "fast money. here's what's on tap tonight a meta meltdown. shares hitting levels not seen since late january, as revenue guidance comes in below expectations this is the beginning of the end for the megacap rally? >>> plus, not the only earnings report catching our eye today. from ford to chipotle to ibm, we're digging into all of tonight's results and bringing you the trades. >>> and later, believe the bounce shares of tesla putting in their best day since january of 2022 even after an earnings report that left many pretty unimpressed. is this a sign that the ev maker can get back on track, or will a different reality set in for the stock? i'm courtney reagan in this evening for melissa lee, coming to you live from studio b at the nasdaq on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami.
., after tesla and elon musk. that's going to do it for us here at "overtime. >> “fast money” starts now. >>> live from the nasdaq market site in the heart of new york city's times square, this is "fast money. here's what's on tap tonight a meta meltdown. shares hitting levels not seen since late january, as revenue guidance comes in below expectations this is the beginning of the end for the megacap rally? >>> plus, not the only earnings report catching...
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companies like apple and microsoft seldom even companies like tesla. all of these companies collect a huge amount of information about chinese citizens. so they could face blowback in china. but also there is a risk that other countries could borrow this same model to not only ban a foreign app but simply say, no, we would rather not band that you we just want to have you turned the keys over to someone local. we've seen a bit of that in russia since the invasion of ukraine. in the us who would buy it? there's a whole pile of regulation coming down the track. there are companies may be interested in buying tiktok if they have the technology and the financial clout. then you are talking about one of the big three orfour and then you're talking about one of the big three or four and then you're into questions about the monopolising of the market. w , questions about the monopolising of the market. , ., �* ., the market. exactly. you've got serious antitrust _ the market. exactly. you've got serious antitrust problems. - the market. exactly. you've got|
companies like apple and microsoft seldom even companies like tesla. all of these companies collect a huge amount of information about chinese citizens. so they could face blowback in china. but also there is a risk that other countries could borrow this same model to not only ban a foreign app but simply say, no, we would rather not band that you we just want to have you turned the keys over to someone local. we've seen a bit of that in russia since the invasion of ukraine. in the us who would...
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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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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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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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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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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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. >> so let's talk tesla bryn, i'll start with you. we made it our chart of the day, obviously, on the back of earnings it is higher it's not like the earnings report was great it was far from it but this idea of what musk talked about about the production of affordable new evs by early '25 is what has jump started the stock today, so you'll take the leader of this company at his word, i suspect the market seems to be >> yeah, well, you and i talked about this on "closing bell" yesterday, and i said, the sentiment and the bearishness on this stock, right, not the company, on the stock, was so loud, it was deafening if i was short the stock, which clearly i'm long, i would not be short this name going into the earnings print if they do even less, the stock is going to pop. that's exactly what happened i thought it was a very good earnings call. elon was like the adult in the room to me it was quintessential elon he had good analogies about elevators and horses and flip phones, and, to me, what i wanted to hear is, i don't want to hear a
. >> so let's talk tesla bryn, i'll start with you. we made it our chart of the day, obviously, on the back of earnings it is higher it's not like the earnings report was great it was far from it but this idea of what musk talked about about the production of affordable new evs by early '25 is what has jump started the stock today, so you'll take the leader of this company at his word, i suspect the market seems to be >> yeah, well, you and i talked about this on "closing...
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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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tesla had good numbers now tesla said they're going make a cheaper car soon. so interest rates have moved higher. and that's a big headwind for investments. it's easier to save money earned 4.6%. but it is to go out and go after stocks right now. >> to test was up 11% on a cheaper car note of you to over promise and under deliver. so way. why not put a face? you don't. i love the idea of a cheaper tesla. is that a bad move? what you're >> one month ago he said that he wasn't going to do it and now because he's a demand for evs is going down china's i'm not buying his cars he's getting looks the cybertrucks not working out terribly well, right is getting backlash from investors and now he says, oh, when will do this and we're all going to robot taxis. keep in mind, he's promised remote access for 6 years and full self-driving for like 10 and i and neither of them are here yet. so you can over promise under deliver. opened. >> i say, ok, so that's that's what the and you we just found out that there's all these job cuts coming to tesla to effect. a lot of bay ar
tesla had good numbers now tesla said they're going make a cheaper car soon. so interest rates have moved higher. and that's a big headwind for investments. it's easier to save money earned 4.6%. but it is to go out and go after stocks right now. >> to test was up 11% on a cheaper car note of you to over promise and under deliver. so way. why not put a face? you don't. i love the idea of a cheaper tesla. is that a bad move? what you're >> one month ago he said that he wasn't going...
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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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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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so tesla executives announced more than 2700 people are going to lose their jobs. they say a lot of those workers are going to be from the fremont and palo alto facilities. executives revealed their net income dropped more than 50% in the first part of the year. a transportation analyst said these cuts will save the money. they think about a couple billion dollars. and this comes google now is firing people that protested the israel-hamas war was last week. you may remember more than 20 pro palestinian workers were fired after holding sit-in protest at google offices in sunnyvale and new york. we brought that story to you. and now we're learning the company says additional employees have also been fired after an investigation unveiled the identities of the people who wore masks. a group representing the workers says more than 50 employees were fired in all. they say they were protesting the company's supplying israel with ai technology. >> it's 8.49 and the high cost of living in low wages are keeping a lot of people from going into teaching and it's actually forci
so tesla executives announced more than 2700 people are going to lose their jobs. they say a lot of those workers are going to be from the fremont and palo alto facilities. executives revealed their net income dropped more than 50% in the first part of the year. a transportation analyst said these cuts will save the money. they think about a couple billion dollars. and this comes google now is firing people that protested the israel-hamas war was last week. you may remember more than 20 pro...
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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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tesla reported last night. nothing quarter was great but it the outlook in terms of cheaper ev's being closer to the future. investors love the possibility of growth. microsoft and alphabet are coming up this week. meta tonight. that stock up 133% in the last year. katie: abigail doolittle, thank you so much. stay tuned. natural gas could hold the answer to the issue of access in the energy transition. that is next. this is bloomberg. ♪ how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. abigail: this is bloomberg markets. coming up, john lawler joins bloomberg tv at 4:00 p.m. new york time. this is bloomberg. ♪ katie: time for the daily wall street we conversation. energy has been among the more affected spaces as tensions have notched higher in the middle east and ukraine. in an interview with david westin, new fortress energy ceo wes e
tesla reported last night. nothing quarter was great but it the outlook in terms of cheaper ev's being closer to the future. investors love the possibility of growth. microsoft and alphabet are coming up this week. meta tonight. that stock up 133% in the last year. katie: abigail doolittle, thank you so much. stay tuned. natural gas could hold the answer to the issue of access in the energy transition. that is next. this is bloomberg. ♪ how am i going to find a doctor when i'm hallucinating?...
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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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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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. >> tesla executives announced more than 2700 employees will lose their jobs. they say thousands of them work in fremont and palo alto executives revealed their net income dropped more than 50% in the first part of this year. the transportation analyst said these cuts will save the company. a couple of billion dollars. and this all comes as google is also letting people go firing them after they protested the israel-hamas war last week. more than 20 pro palestinian workers were fired after holding sit-in protest at google offices in sunnyvale and new york. and now the company says that additional employees were fired after investigation revealed the identities of people who wore masks. a group representing the workers says more than 50 employees have been fired in all. they say they were protesting the company supplying the israeli government with ai technology. >> and no formal housing project is coming to oakland. this is at east 12th street and second avenue and the lake merritt, eastlake neighborhood. there will be 91 units, their designated as permanent su
. >> tesla executives announced more than 2700 employees will lose their jobs. they say thousands of them work in fremont and palo alto executives revealed their net income dropped more than 50% in the first part of this year. the transportation analyst said these cuts will save the company. a couple of billion dollars. and this all comes as google is also letting people go firing them after they protested the israel-hamas war last week. more than 20 pro palestinian workers were fired...
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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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tesla, they are laying off more people after an earnings report showed a steep decline in sales. tesla executives announcing more than 2700 people on the lose their jobs as 1000 of them work in fremont palo alto executive reveal their net income dropped by more than 50% in the first part of the year. a transportation analyst said these cuts rsa the company, a couple of billions of dollars. comes as google firing people after they protested the israel-hamas war. so last week, more than 20 pro palestinian workers are fired after they held a sit-in protest at google's office in sunnyvale and new york. now, the company says additional employees were fired after an investigation revealed the identities of the people who wore a mask, a group representing the workers says more than 50 employees or fired. they say they were protesting the company supplying the israeli government with ai technology. still ahead of the crowd, the morning news people in the south bay goodbye to a burger joint. that was in business since the 60's. >> many of customers say they are really sad to see it. go. w
tesla, they are laying off more people after an earnings report showed a steep decline in sales. tesla executives announcing more than 2700 people on the lose their jobs as 1000 of them work in fremont palo alto executive reveal their net income dropped by more than 50% in the first part of the year. a transportation analyst said these cuts rsa the company, a couple of billions of dollars. comes as google firing people after they protested the israel-hamas war. so last week, more than 20 pro...
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Apr 24, 2024
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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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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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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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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 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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the s&p coming off its best day inning two months. >>> 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
the s&p coming off its best day inning two months. >>> 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
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Apr 24, 2024
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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
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so, for tesla on an annualized basis. sales fell by almost 9%, and those of the chinese bit, although they grew by 13%, are significantly less than the increase compared to last year. and finally, the largest stock exchange in the world, new york, can switch to 24/7 stock trading. a survey for traders on their attitude to non-stop trading of shares on the stock exchange demonstrated the growing interest of investors in the possibility of trading at night from 20:00 to 4 in the morning. classic exchanges no longer keep up with modern trends, they say. experts us treasury bonds and futures for leading stock indices in budna have long been traded around the clock, and crypto exchanges do not have breaks even on weekends, and the new york stock exchange is still open only 16 hours a day, with a break until 4 a.m. new york time. by the way, the moscow exchange is also considering the possibility of conducting round-the-clock trading, since there are 11 time zones in russia and for traders in khabarovsk, for example, the main s
so, for tesla on an annualized basis. sales fell by almost 9%, and those of the chinese bit, although they grew by 13%, are significantly less than the increase compared to last year. and finally, the largest stock exchange in the world, new york, can switch to 24/7 stock trading. a survey for traders on their attitude to non-stop trading of shares on the stock exchange demonstrated the growing interest of investors in the possibility of trading at night from 20:00 to 4 in the morning. classic...
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Apr 24, 2024
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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
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. >> thousands of people will be laid off from tesla, including 2700 people here in the bay area. it is all part of the company's plan to terminate 10% of its workforce, or about 14,000 people. ktvu south bay reporter lamonica peters live now in fremont, near tesla's plant, with more about the layoffs and what it all means for the company, lamonica. >> julie, business experts that i spoke to say these layoffs are part of a transitional phase for this company. tesla is facing tougher competition and bringing in less money, and now they're making some changes, i believe, a attempt of tesla to get better. >> but i don't think that we've seen the last of it. >> 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. 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 als
. >> thousands of people will be laid off from tesla, including 2700 people here in the bay area. it is all part of the company's plan to terminate 10% of its workforce, or about 14,000 people. ktvu south bay reporter lamonica peters live now in fremont, near tesla's plant, with more about the layoffs and what it all means for the company, lamonica. >> julie, business experts that i spoke to say these layoffs are part of a transitional phase for this company. tesla is facing tougher...
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Apr 24, 2024
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be longer range to choose tesla. now it has to rely on things like the poor self—driving, rely on the performance specs, the battery life, offering consumers more entertainment while they charge, those sorts of ancillary products and services as a reason to buy tesla over other eby—brown speakers the ev market any luxury space where it operates is largely saturated with new players and incumbents so tesla no longer enjoys that sort of market dominance they once had. quickly, i concerned about elon musk still being in charge of tesla as the boss's ceo? there was a lot of conversation sometime ago where he bought x and the wrangling legally over x that he was not focused on tesla enough, he was busy with other things. tesla enough, he was busy with other things-— other things. elon musk confirmed _ other things. elon musk confirmed on _ other things. elon musk confirmed on the - other things. elon musk i confirmed on the earnings other things. elon musk - confirmed on the earnings call that he spends the majority
be longer range to choose tesla. now it has to rely on things like the poor self—driving, rely on the performance specs, the battery life, offering consumers more entertainment while they charge, those sorts of ancillary products and services as a reason to buy tesla over other eby—brown speakers the ev market any luxury space where it operates is largely saturated with new players and incumbents so tesla no longer enjoys that sort of market dominance they once had. quickly, i concerned...
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Apr 24, 2024
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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
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is the stage set for another battle between the tesla short-sellers and the tesla true believers? >> yeah. the true believers being the retail investors who believe in elon musk, believe in that story , particularly the robotaxi. therefore for someone like a tesla shareholder, it's been a beating as of late. as long as elon musk is focused on eking out those cost cuts, particularly with the job shedding last week, it is trying to pull itself forward onto products it thinks is going to help drive the stock forward. put it in a place where it can actually see the grounds that it doesn't have as much competition in. paul: danny lee in beijing. let's take a look at how we are shaping up in terms of u.s. futures. very much reflective of what we are seeing in asia right now. positive territory. s&p better by a third of 1%. the market will be looking to see if that big after-hours jump in tesla translates to a big jump at the u.s. open the next day as well. let's take a look at currency markets as well. softness going on in the moment. the dollar spot index pulling back attack. we are cl
is the stage set for another battle between the tesla short-sellers and the tesla true believers? >> yeah. the true believers being the retail investors who believe in elon musk, believe in that story , particularly the robotaxi. therefore for someone like a tesla shareholder, it's been a beating as of late. as long as elon musk is focused on eking out those cost cuts, particularly with the job shedding last week, it is trying to pull itself forward onto products it thinks is going to...
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Apr 24, 2024
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. >>> also, deep cuts at tesla. we're learning just how many people are being laid off here in the bay area. >>> plus, if you pay, it's a great perk to skip those airport security lines, but one california lawmaker is trying to get rid of services like clear. >>> and we're going to introduce you to an army of volunteers trying an old-school method to get people to vote. is it working? >>> good evening. this is "nbc bay area news tonight." i'm raj mathai. a lot happening at this hour. we want to start with some breaking news. the senate vote to possibly ban tiktok. this is a big deal that could impact millions of people. about 20 minutes ago, senators passed a bill that would force tiktok's parent company to sell if that chinese company doesn't sell, tiktok would be banned in the u.s. >> the yeas are 79. the nays are 18. the amendment is agreed to. >> overwhelmingly the bill passed by the senate, 79-18. both california senators, by the way, padilla and butler, voted in favor. so here's the deal. the potential ban is
. >>> also, deep cuts at tesla. we're learning just how many people are being laid off here in the bay area. >>> plus, if you pay, it's a great perk to skip those airport security lines, but one california lawmaker is trying to get rid of services like clear. >>> and we're going to introduce you to an army of volunteers trying an old-school method to get people to vote. is it working? >>> good evening. this is "nbc bay area news tonight." i'm raj...
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Apr 24, 2024
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so, the ceo, elon musk, announced tesla will lay off 10% of its global workforce. or 14,000 workers. state filings show 2200 jobs will be cut in fremont and 500 jobs in palo alto. the layoffs will start june 14th. >>> calling for a ceasefire in berkeley, they set up tents on the steps of the plaza. they are calling it a gaza solidarity encampment. they will remain here until the school divest from companies that have ties in the military. they want the school to stop the alleged repression of student protesters. so, we have a full team, hot lines, community members, ready to stand with us. they wrote, we will take the steps to make sure it does not disrupt the operations. there are no plans to change the university's investment policies and practices. >>> things got out of control. this is at cal poly. they clashed with protesters who barricaded themselves with furniture inside of a building. and in new york. protesters are spending a week occupying the quad at columbia university. they are demanding the ivy league school to divest from companies funding israel. ov
so, the ceo, elon musk, announced tesla will lay off 10% of its global workforce. or 14,000 workers. state filings show 2200 jobs will be cut in fremont and 500 jobs in palo alto. the layoffs will start june 14th. >>> calling for a ceasefire in berkeley, they set up tents on the steps of the plaza. they are calling it a gaza solidarity encampment. they will remain here until the school divest from companies that have ties in the military. they want the school to stop the alleged...
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Apr 24, 2024
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it's been a rocky road for tesla this year. interest rates are taking a bite out of purchasing power and pushing big purchases out of reach, competition with china especially rival vehicle maker byob is heating up, sales are falling and so is tesla's stock. it's fallen more than 40% this year, the company is cutting prices and announced lay—offs, then on tuesday it reported its first quarter earnings. missing expectations on earning and revenue. the company is anticipating lower deliveries this year compared to 2023 but investors have one bright spot to look, telsa announced it is speeding up the launch of a lower—priced vehicle and affordable models could be a boon for cash—strapped consumers, and a hit worldwide like china and india. despite those grim numbers of the earnings shares have soared in after—hours trade. asia editor for automotive news, hans greimel says investors are encourged by the introduction of more affordable models. investors were really bracing for some bad news in this earnings report, but while
it's been a rocky road for tesla this year. interest rates are taking a bite out of purchasing power and pushing big purchases out of reach, competition with china especially rival vehicle maker byob is heating up, sales are falling and so is tesla's stock. it's fallen more than 40% this year, the company is cutting prices and announced lay—offs, then on tuesday it reported its first quarter earnings. missing expectations on earning and revenue. the company is anticipating lower deliveries...
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Apr 24, 2024
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. >> tesla had a horrible quarter but it will be interesting watching tesla supplies. a busy day. annabelle: texas instruments could impact chipmakers. but at the start of the day, the nikkei coming online. you mentioned eco-data more than what economists had been expecting. tesla had a week quarter but still a good outlook, rising after hours more than 12%, going all in on autonomous vehicles. the bar was high for mega caps stocks. that is the state of play for japan, japanese yen holding close to the 155 mark. the yen is a question of how much it is helping versus hindering. consumer stocks are weaker, a catch-22 for the boj, yen week. boj needs to curb that. holding steady will give traders incentive to push past 155. let's change to korea, the kospi online up more than 1.5%. small caps are in the green, texas instruments is a another name with a solid forecast. come back in demand so chipmakers, the korean won is weaker against the dollar. paul: in australia, staggered open. pre-much flat in the aussie dollar was showing strength relatively speaking, knocking on the door of $.
. >> tesla had a horrible quarter but it will be interesting watching tesla supplies. a busy day. annabelle: texas instruments could impact chipmakers. but at the start of the day, the nikkei coming online. you mentioned eco-data more than what economists had been expecting. tesla had a week quarter but still a good outlook, rising after hours more than 12%, going all in on autonomous vehicles. the bar was high for mega caps stocks. that is the state of play for japan, japanese yen...
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Apr 23, 2024
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paul: tesla fast tracking cheaper models. annabelle: apples china sales plunged 19%, putting it third in a key market. paul: what's take a look at trades, risk on day. gold prices eased. gold etf could suffer, new zealand in positive territory. interesting day. numbers out of australia are critically, those numbers are using down from 4.1, big improvement outside the target band. bank of indonesia decision, consensus is a hold. we gave futures saw positive territory. bank of japan will focus on weakening the yen. were at 144 .77 and keeping our eyes on tesla suppliers. stocks surging following the call. annabelle: that's right. the company has slumped, but u.s. futures looking toward future gains but the story is focused on earnings. what else we were tracking was optimism and a bullish forecast. some of those are coming from goldman sachs. company that closed at a record high, first record highs since 2021, first quarter earnings came through including a process -- profit beat. apple posting gains which was surprising. china
paul: tesla fast tracking cheaper models. annabelle: apples china sales plunged 19%, putting it third in a key market. paul: what's take a look at trades, risk on day. gold prices eased. gold etf could suffer, new zealand in positive territory. interesting day. numbers out of australia are critically, those numbers are using down from 4.1, big improvement outside the target band. bank of indonesia decision, consensus is a hold. we gave futures saw positive territory. bank of japan will focus on...
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Apr 23, 2024
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let's jump back in on tesla. the stock is higher than we were before, by more than 9% as this conference call continues. gene munster is with us again to dig into the details gene, tell us what you've been hearing. >> elon started the call by saying the timing, to giving more context on the timing of this next generation vehicle, still unclear if it is -- has a steering wheel or a robo-taxi, but he said expect it early in 2025, or potentially late this year i think late this year, the probability of that is slim to none, but that did cause shares to move from being up about 8% to up about 9.5%, so, the market liked that quick context, again, there was talk a few weeks ago that this whole initiative was going to be paused, and now they're talking about this being accelerated, and so, i think that has been the pivotal point on the call so far. >> all right, giving us a timeline, though maybe unbelievable you got the believers out there. thank you, gene. >> thank you. >>> moving onto pulte group. the home builder be
let's jump back in on tesla. the stock is higher than we were before, by more than 9% as this conference call continues. gene munster is with us again to dig into the details gene, tell us what you've been hearing. >> elon started the call by saying the timing, to giving more context on the timing of this next generation vehicle, still unclear if it is -- has a steering wheel or a robo-taxi, but he said expect it early in 2025, or potentially late this year i think late this year, the...
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tomorrow we're going to be all over tesla earnings. remember they have, they're going to be reporting after the bell. [closing bell rings] stay tuned because "kudlow" starts right now. ♪. larry: hello, folks, welcome to "kudlow," i'm larry kudlow. well a growing avenue the anti-semitism on college campuses, school presidents and their woke culture are reaping what they have sown. former trump advisor stephen miller will weigh in on the whole story. somebody has to tell me how you can retroactively steal an election in 2016 by making undisclosed payments in 2017? ask alvin bragg, i guess owe will know. my pal kevin hassett on new currency wars with japan and china. the planet is getting cleaner and biden greenies are having a bad earth day. senator john hoeven on that. first jacqui heinrich with the latest on rising anti-semitism across the u.s. jacqui, what have you got? >> reporter: since saturday columbia university decided to offer virtual classes for the rest of the semester to insure the safety of students. new england patriots
tomorrow we're going to be all over tesla earnings. remember they have, they're going to be reporting after the bell. [closing bell rings] stay tuned because "kudlow" starts right now. ♪. larry: hello, folks, welcome to "kudlow," i'm larry kudlow. well a growing avenue the anti-semitism on college campuses, school presidents and their woke culture are reaping what they have sown. former trump advisor stephen miller will weigh in on the whole story. somebody has to tell me...
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up next, teslas moment of truth. first quarter earnings are out in ot, requisite capital has been talking and owns that stock, which is why we get her take, next. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. trade brilliantly with schwab. my name is teresa barber. i was in the united states navy and i served overseas in the middle east and africa. early on in my career i had a commander that taught our suicide prevention training on a friday after
up next, teslas moment of truth. first quarter earnings are out in ot, requisite capital has been talking and owns that stock, which is why we get her take, next. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with...
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tomorrow we're going to be all over tesla earnings. remember they have, they're going to be reporting after the bell. [closing bell rings] stay tuned because "kudlow" starts right now. ♪. larry: hello, folks, welcome to "kudlow," i'm larry kudlow. well a growing avenue th
tomorrow we're going to be all over tesla earnings. remember they have, they're going to be reporting after the bell. [closing bell rings] stay tuned because "kudlow" starts right now. ♪. larry: hello, folks, welcome to "kudlow," i'm larry kudlow. well a growing avenue th
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. >>> and tesla, the stock hitting a 52-week low yesterday. but one shareholder finding a few silver linings and a vote of confidence for elon musk what has her bullish, coming up. >>> before we get to that, let's get to dom chu for a check on the market action. >> oh a strong folio lineup to yesterday's rally, a solid 2% above the levels that we saw just on friday so a two-day bounceback for the markets overall. the dow up about 240 points, half of 1%, 38,480 the s&p 500 is at 5,066, up 56 points, north of 1% gain, and it's been a positive day even at the lows, we were up 17 points in the s&p, up roughly 61 at the highs so tilting toward the higher end of that range. the nasdaq composite, pacing the advance off 1.5%, 225 points, or 15,675, the last level for the nasdaq index three earnings movers headlines, among the many two generals out there general motors first, up 5%. the automaker comes out with better profits, better revenues and boosts its full-year revenue forecast thanks to better sales of trucks and suvs the other general we're wat
. >>> and tesla, the stock hitting a 52-week low yesterday. but one shareholder finding a few silver linings and a vote of confidence for elon musk what has her bullish, coming up. >>> before we get to that, let's get to dom chu for a check on the market action. >> oh a strong folio lineup to yesterday's rally, a solid 2% above the levels that we saw just on friday so a two-day bounceback for the markets overall. the dow up about 240 points, half of 1%, 38,480 the...