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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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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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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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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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now the cheapest tesla is about 39. turkish airlines has stopped selling. tickets from russia to mexico for the next 3 months. it is currently impossible to find tickets on the airline’s website with departures before july 31 from moscow and st. petersburg or kazan to mexico city or cancun. as the association of tour operators of russia clarifies , airlines offered all tickets departing from 23 april to july 31 or return or change the route in them. since march , messages began to arrive that turkish airlines in istanbul was canceling flights. russia, having spent years in immigration , are returning home, why and what does not suit them in the west, i tried to find out the nakhit babaev, but there will be no money to be made, sazon cards, there will be money, now you can easily get up to 300,000 rubles to spend it for any purpose. anywhere, with a sazon card, there will always be money, start the path to your dream with sber, open a free account for business and connect to the program sberbusiness loyalty, thank you,
now the cheapest tesla is about 39. turkish airlines has stopped selling. tickets from russia to mexico for the next 3 months. it is currently impossible to find tickets on the airline’s website with departures before july 31 from moscow and st. petersburg or kazan to mexico city or cancun. as the association of tour operators of russia clarifies , airlines offered all tickets departing from 23 april to july 31 or return or change the route in them. since march , messages began to arrive that...
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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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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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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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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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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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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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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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. >> 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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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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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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build your dreams is the big brand which not tesla off the big brand which not tesla off the top spot for global sales in november had caught the headlines. they are not the only brand coming to the uk and other european markets from china. it's notjust a question of cheaper prices, it's also that the chinese market, they have been really established in electric cars for ten years and they have cornered not only the product but the batteries, metal processing, mining, so they have the whole supply chain secured, and they have vast economies of scale, which means they are bringing products that are not petrol and diesel products that have got a battery shoehorned in, which is what a lot of legacy brands have been doing, building and designing electric cars from the brand up, brands like kia and hyundai, at this which are innovating electric cars. if you are asking the consumer to spend a lot of money on going electric, they want a cool car with cool tech and design.— electric, they want a cool car with cool tech and design. thank you. we will discuss — cool tech and design. thank y
build your dreams is the big brand which not tesla off the big brand which not tesla off the top spot for global sales in november had caught the headlines. they are not the only brand coming to the uk and other european markets from china. it's notjust a question of cheaper prices, it's also that the chinese market, they have been really established in electric cars for ten years and they have cornered not only the product but the batteries, metal processing, mining, so they have the whole...
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Apr 24, 2024
04/24
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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
04/24
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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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. >>> 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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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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by word that tesla still plans to roll out a lower priced model next year. stocks were higher across the board on wall street today. the dow was up 263 points. nasdaq added 245 points for a gain of 1.6, and the s&p was up 59. well, a first of its kind bill passed the senate transportation committee today. >> the law addresses concerns about expedited airport screening services that allow travelers to pay to cut ahead in tsa lines. the committee passed the bill in an 8 to 4 vote. it would require fast track services, including clear, to pay for their own tsa staffed lanes at airport security. if the identity screening companies do not comply, they will be banned from the state. one state senator says the services can actually create more security issues. >> there've been lots of incidents over the last couple of years where, you know, we're unauthorized. travelers have used clear as a way of breaching tsa security. >> supporters of the bill say the service creates hundreds of jobs, serves more than a million americans, and shares over $13 million in annual re
by word that tesla still plans to roll out a lower priced model next year. stocks were higher across the board on wall street today. the dow was up 263 points. nasdaq added 245 points for a gain of 1.6, and the s&p was up 59. well, a first of its kind bill passed the senate transportation committee today. >> the law addresses concerns about expedited airport screening services that allow travelers to pay to cut ahead in tsa lines. the committee passed the bill in an 8 to 4 vote. it...
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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
04/24
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tesla workers expected to lose their jobs. why the company is making those job cuts. >> anything that helps curtail that the drug. >> trade and drug activity on our streets you know something worth. >> the new initiative to try and increase safety in the city's tenderloin district wide. some local businesses, though, are not on board. when fun time from the bay area's local news station. you're watching kron. 4 news. good evening. thanks for joining us for kron for news at 10. i'm ken wayne and i'm vicki liviakis. our top story tonight, san francisco mayor london breed. >> wants to crack down on illegal activity surrounding late night corner stores in the tenderloin. but some people who live and work there not on board with the mayor's plan. kron 4 sarah stinson joins us in the studio after visiting the neighborhood. sarah. >> tonight, it ended event aimed at celebrating the tenderloin, but in front of all, was the open drug market. people who live in work in this neighborhood say they deal with this every single night making
tesla workers expected to lose their jobs. why the company is making those job cuts. >> anything that helps curtail that the drug. >> trade and drug activity on our streets you know something worth. >> the new initiative to try and increase safety in the city's tenderloin district wide. some local businesses, though, are not on board. when fun time from the bay area's local news station. you're watching kron. 4 news. good evening. thanks for joining us for kron for news at 10....
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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
04/24
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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
04/24
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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
04/24
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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
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
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tesla shares have also plummeted more than 30%. tesla has a plan to get people to buy it's cars. it's cut the prices on three of its models and also -- the company also announced today an initiative to produce more affordable cars by 2025. tesla stock is up 13% in after- hours trading. overall, stocks finish tire for the second day in a row. dow jones climb 263 points, the nasdaq gained 245. the s&p end of the day up 59 points. mother big wins, spotify surged 11%. >>> we are hearing from princess kate again , but this time in form of a happy birthday shut out, prince louis. >> the couple posted this picture on x. the captain said happy six birthday, prince louis, and they gave the credit to kate middleton. the first personal photo the account has uploaded since march. that is when kate shared she is undergoing treatment since -- >> happy birthday. he looks just like prince george. the forget, you can watch our newscast 24 seven on roku. >>> here's what we are working on. getting through those -- may take you longer if a new
tesla shares have also plummeted more than 30%. tesla has a plan to get people to buy it's cars. it's cut the prices on three of its models and also -- the company also announced today an initiative to produce more affordable cars by 2025. tesla stock is up 13% in after- hours trading. overall, stocks finish tire for the second day in a row. dow jones climb 263 points, the nasdaq gained 245. the s&p end of the day up 59 points. mother big wins, spotify surged 11%. >>> we are...
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Apr 24, 2024
04/24
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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 24, 2024
04/24
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. >>> tesla layoffs are said to the bay area hard. state filing showed that 27 bay area jobs are on the chopping block including more than 2200 workers in fremont. nearly 500 in palo alto, plus an additional 500 in the san joaquin county . layoffs will begin june 14th. the company is also cutting nearly 2700 jobs at its head quarters in austin, texas. last week, ceo elon musk announced haslett would cut 10% of its global workforce, that is about 14,000 total jobs. in the meantime, a group of former tesla employees are suing the company, saying it failed to give them enough of advance notice about this layoffs. that is occurring to a complaint obtained by bloomberg. they claim tesla violated blog law might not giving a warning at least 60 days ahead of the layoffs but this comes as tesla's first quarter earnings report showed a 55% drop in net income . revenue was also down 9% last year, experts say that is mainly because of the growing competition in the electric vehicle market and lower demand for ev's in general. today, tesla's stoc
. >>> tesla layoffs are said to the bay area hard. state filing showed that 27 bay area jobs are on the chopping block including more than 2200 workers in fremont. nearly 500 in palo alto, plus an additional 500 in the san joaquin county . layoffs will begin june 14th. the company is also cutting nearly 2700 jobs at its head quarters in austin, texas. last week, ceo elon musk announced haslett would cut 10% of its global workforce, that is about 14,000 total jobs. in the meantime, a...
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Apr 24, 2024
04/24
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, as well as job cuts still ahead tonight. >> what tesla is accused of failing to do while laying off more than 10,000 employees, plus the violence in gaza, igniting more protests on us college campuses. >> how universities in the bay area and beyond are responding to their demands, and should fliers be allowed to pay to cut the line at security after the break? >> why some california lawmakers want a ban clear from the airport. >> our warm weather stretch is now history. a big drop off in temperatures for today. here's our live camera looking out towards san francisco. solid cloud over and the cooldown make their way through security checkpoints. >> the law would require companies such as clear to either set up and pay for their own dedicated tsa staff, security lanes, or be banned from california airport. >> ktvu tom vacar live tonight at oakland international, one of nine california airports where that clear service is available. tom >> well, you know, as the travel season now begins to pick up, that's going to create a lot of tensions, a lot of tempers, and probably a lot of probl
, as well as job cuts still ahead tonight. >> what tesla is accused of failing to do while laying off more than 10,000 employees, plus the violence in gaza, igniting more protests on us college campuses. >> how universities in the bay area and beyond are responding to their demands, and should fliers be allowed to pay to cut the line at security after the break? >> why some california lawmakers want a ban clear from the airport. >> our warm weather stretch is now...
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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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Apr 23, 2024
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plus, tesla just announced massive layoffs. how many people in the bay area will be losing their jobs? and the group leading the effort to recall alameda county district attorney pamela price issuing a demand the board of supervisors. station. >> he's calling for news 2. >> thank you for joining us here on kron. 4 news at to i'm just involvement and happening right now. there are protests at u.s. educational institutions. it's all happening today and students at uc berkeley are demanding a cease-fire in gaza and for the university to and connections with companies that are linked to israel. kron 4 s charles clifford joins us now live from uc berkeley with the latest here. thanks for joining us. >> well, good protest or nothing unusual here in the cal campus. but today a group people upset with the conflict in israel and gaza has created a sit in in the main plaza. >> for cal berkeley's sproul hall tuesday morning, protesters had set up dozens of tents along with banners and signs of support for the people of gaza and palestine.
plus, tesla just announced massive layoffs. how many people in the bay area will be losing their jobs? and the group leading the effort to recall alameda county district attorney pamela price issuing a demand the board of supervisors. station. >> he's calling for news 2. >> thank you for joining us here on kron. 4 news at to i'm just involvement and happening right now. there are protests at u.s. educational institutions. it's all happening today and students at uc berkeley are...
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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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Apr 23, 2024
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a former employee claims tesla violated state law by failing to provide the required advanced 60 day notice. the suit, filed in state court in san jose, accuses tesla of acting intentionally and with deliberate interference, indifference and conscious disregard to the rights of its employees. tesla and ceo elon musk have yet to comment. >> a ruling is expected by late june from the us supreme court in a landmark case on homelessness. more than a quarter of the nation's unhoused residents are here in california. san francisco leaders will be watching this ruling closely, as ktvu christian captain reports, it's expected to impact the city's own legal battle over how to address homeless encampments. >> the supreme court of the united states heard oral arguments over how cities manage the issue of homelessness, while the case in question came from grants pass, oregon. the case is drawing attention here in the bay area. homeless advocates marched and rallied in front of san francisco's federal court building and through the streets of the city, advocates saying the case will get to the he
a former employee claims tesla violated state law by failing to provide the required advanced 60 day notice. the suit, filed in state court in san jose, accuses tesla of acting intentionally and with deliberate interference, indifference and conscious disregard to the rights of its employees. tesla and ceo elon musk have yet to comment. >> a ruling is expected by late june from the us supreme court in a landmark case on homelessness. more than a quarter of the nation's unhoused residents...
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shorting tesla, though, that's been risky bears have lost a total $52.5 billion, shorting tesla since inipo, only two years have been profitable for short sellers this is on track to be one of them the shorts are up $9 billion this year, guys. >> how do we know how much shorts, as an agoraget, have made or lost, across these names that you mentioned i'm just wondering, how do you determine that >> so, thanks to s3 partners, great about sending us some of this data, this is mostly hedge funds, by the way. i should mention this is not a lot of retail interest they measure this based on how much is being borrowed, which they can see sort of the percentage of the float that's shorted. so, they calculate that. it sounds like they have sort of a proprietary model. i've asked that myself, tyler. they're good with coming out with some of the tyler there's a variety of different data points. the percentage of the float, so echbl though these tech names are the most widely shorted, you see certain stocks with a i hooer percentage of the float, meaning there's more short interest in those partic
shorting tesla, though, that's been risky bears have lost a total $52.5 billion, shorting tesla since inipo, only two years have been profitable for short sellers this is on track to be one of them the shorts are up $9 billion this year, guys. >> how do we know how much shorts, as an agoraget, have made or lost, across these names that you mentioned i'm just wondering, how do you determine that >> so, thanks to s3 partners, great about sending us some of this data, this is mostly...