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Apr 22, 2024
04/24
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really difficult water for tesla, tesla. really difficult water for tesla. very _ tesla. really difficult water for tesla, very road. _ tesla. really difficult water for tesla, very road. we _ tesla. really difficult water for tesla, very road. we also - tesla. really difficult water for tesla, very road. we also saw| tesla. really difficult water for | tesla, very road. we also saw a recall of the cyber track, clearly the price cut they did before a year ago really hasn't stipulated —— stimulated sales. as it loots, deliveries for 2024 likely to be flat compared to last year. i challenging environment, what is going on is that the market globally, growth is slowing, lots more competition. particularly from china can make electric vehicles are low—cost. if china can make electric vehicles are low-cost. , ., , ., ~ low-cost. if people are thinking about making — low-cost. if people are thinking about making a _ low-cost. if people are thinking about making a switch, - low-cost. if people are thinking about making a switch, given i low-cost. if people are thinking.
really difficult water for tesla, tesla. really difficult water for tesla. very _ tesla. really difficult water for tesla, very road. _ tesla. really difficult water for tesla, very road. we _ tesla. really difficult water for tesla, very road. we also - tesla. really difficult water for tesla, very road. we also saw| tesla. really difficult water for | tesla, very road. we also saw a recall of the cyber track, clearly the price cut they did before a year ago really hasn't stipulated ——...
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Apr 25, 2024
04/24
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tesla story has been about overcoming adversity. >> among the pioneers in electric vehicles, tesla has booming. >> now we have seen the company come back down to earth. >> now, layoffs, falling profits and recalls. >> more players in the ev game . so, can tesla recharge and get back on track? >> tesla does not sell hybrid so they have nothing else to fall back on at the moment. >>> this is cbs news bay area with elizabeth cook. >>> thank you so much for joining us today. over the next half hour, we are diving into the trouble at tesla. we know the company has a big presence in the bay area economy. an expert will help us examine what is behind the struggles right now and also look toward tesla's future and step back and look at the shift into electric vehicles overall. we will get well that in a few moments but first, here are today's news headlines. >>> police say four people were killed in a car crash in pleasanton. it happened that foothill road near stoneridge drive. it appears one of the victims was a student in the pleasanton unified school district. the district says it is provi
tesla story has been about overcoming adversity. >> among the pioneers in electric vehicles, tesla has booming. >> now we have seen the company come back down to earth. >> now, layoffs, falling profits and recalls. >> more players in the ev game . so, can tesla recharge and get back on track? >> tesla does not sell hybrid so they have nothing else to fall back on at the moment. >>> this is cbs news bay area with elizabeth cook. >>> thank you so...
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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 3, 2024
04/24
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so that's not just for tesla. for other ev players, all of these players from china, they are going to face similar challenges. a big question is, how well is demand going to stack up for the rest of the year? haidi: our asia transport reporter there with the latest on tesla. we will be getting more insights when it comes to those first quarter deliveries. big ms. from tesla. why they are keeping and outperforming rating on the ev giant despite those results. more to come on daybreak asia. this is bloomberg. ♪ paul: just want to bring you an update on the earthquake in taiwan. 7.5 magnitude earthquake. happened 21 kilometers southeast of taiwan. this is according to the u.s. geological survey. very strong shaking at that strength. that was felt widely in the taiwanese capital. a tsunami warning has also been issued for a number of those small japanese islands that you see there just to the northeast of taiwan. also a tsunami warning for japan's okinawa prefecture. local residents told to evacuate. tsunami waves
so that's not just for tesla. for other ev players, all of these players from china, they are going to face similar challenges. a big question is, how well is demand going to stack up for the rest of the year? haidi: our asia transport reporter there with the latest on tesla. we will be getting more insights when it comes to those first quarter deliveries. big ms. from tesla. why they are keeping and outperforming rating on the ev giant despite those results. more to come on daybreak asia. this...
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Apr 16, 2024
04/24
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on its website, tesla says safety is the most important part of every tesla. we design our vehicles to exceed safety standards. they should have done the right thing for so many times, for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for christina, who's currently in remission from her cancer. but there's no court date set yet. tesla is cutting thousands ofjobs — around 10% of its global workforce — as demand slows. billionaire owner elon musk said the decision was difficult, but "must be done." the world's largest automobile maker by market value is facing stiff competition from chinese ev makers. china will unveil its growth figures for the january to march quarter in the coming hours. retail sales and industrial production figures for march are also expected. there's been some optimism that the world's second largest economy is back on track. but there are still multiple headwinds — that's according to harry murphy cruise from moody's analytics. china is in this mismatch at the moment. parts doing
on its website, tesla says safety is the most important part of every tesla. we design our vehicles to exceed safety standards. they should have done the right thing for so many times, for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for christina, who's currently in remission from her cancer. but there's no court date set yet. tesla is cutting thousands ofjobs — around 10% of its global workforce — as demand slows. billionaire owner...
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Apr 22, 2024
04/24
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0ver tesla's strategy. their strategy has been about scale and cost, can they compete with the chinese? they have been aiming for a cheap, $25,000 car, that seems to have been postponed and they are going more into autonomy. investors aren't that convinced, _ going more into autonomy. investors aren't that convinced, i'm _ going more into autonomy. investors aren't that convinced, i'm looking - aren't that convinced, i'm looking at the numbers, shares down by 40% since the start of the year. do you think a price cut is enough to win back the confidence of consumers given the competition and people not having money?— having money? there is a huge cost of livin: having money? there is a huge cost of living squeeze _ having money? there is a huge cost of living squeeze that _ having money? there is a huge cost of living squeeze that is _ having money? there is a huge cost of living squeeze that is taking - of living squeeze that is taking place in many european countries, tesla have to cut prices, from the p
0ver tesla's strategy. their strategy has been about scale and cost, can they compete with the chinese? they have been aiming for a cheap, $25,000 car, that seems to have been postponed and they are going more into autonomy. investors aren't that convinced, _ going more into autonomy. investors aren't that convinced, i'm _ going more into autonomy. investors aren't that convinced, i'm looking - aren't that convinced, i'm looking at the numbers, shares down by 40% since the start of the year. do...
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Apr 9, 2024
04/24
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haslinda: in terms of tesla's future 10, five years down, where do you see tesla? it could be concentrating on ev's, but other projects as well. how do you see tesla in terms of growth? martin: what i would like to see is tesla succeeding to make ev's into the foreseeable future. i would like to see them continue to make ev's. whether they do it or not is not my say. haslinda: you were with volkswagen for quite some time. two years after you left tesla. yet when it comes to their ev strategy, they've not been able to replicate what tesla has done. why is that? martin: let's just say innovator's dilemma. volkswagen has been very successful, more successful than any other company making gasoline and diesel cars. it is hard for a company like that to push technology to suggest people buy cars other than the ones that have been making the money for years. caroline: the former tesla ceo martin eberhard, along with our own haslinda amin. let's come full circle with what tesla is at the moment and headed for perhaps vehicle sales declining in another quarter. after a surp
haslinda: in terms of tesla's future 10, five years down, where do you see tesla? it could be concentrating on ev's, but other projects as well. how do you see tesla in terms of growth? martin: what i would like to see is tesla succeeding to make ev's into the foreseeable future. i would like to see them continue to make ev's. whether they do it or not is not my say. haslinda: you were with volkswagen for quite some time. two years after you left tesla. yet when it comes to their ev strategy,...
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Apr 16, 2024
04/24
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you can look back _ tesla's development? you can look back at _ tesla's development? you can look back at the _ tesla's development? you can look back at the history - tesla's development? you can look back at the history of - tesla's development? you can look back at the history of the | look back at the history of the company and you will see every couple of years they do actually slash the workforce, you have seen it also across a number of different technology names over recent years. ultimately, if you look at what elon musk is saying, he is saying this is more attributed to streamlining after a period of growth and aligning towards a new period of growth. i would say this is more to do with them struggling against significant competition in china, mass of price gouging in china, mass of price gouging in china, tesla was not necessarily built for that, it was not built for the huge price walls we are seeing under way at the moment, while at the moment you can say what is the price wars in china happening, the chinese companies could be on our doorstep soon enough
you can look back _ tesla's development? you can look back at _ tesla's development? you can look back at the _ tesla's development? you can look back at the history - tesla's development? you can look back at the history of - tesla's development? you can look back at the history of the | look back at the history of the company and you will see every couple of years they do actually slash the workforce, you have seen it also across a number of different technology names over recent years....
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Apr 22, 2024
04/24
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annabelle: a focus on earnings kicking off with tesla. looking at this chart, the slide we have seen in the stock in the past five sessions, down nearly 10%. the losses this year totaling more than 40%. the ev maker is set to report its first-quarter earnings and price cuts are very much the focus, ramifications of those. we had more announced over the weekend in countries including china, where ev buyers are also awaiting a stimulus program that could include incentives aimed to encourage businesses and households to adopt greener technologies. let's discuss more with jean handling -- junheng li, founder and ceo at jl warren capital. we could get to beijing's trading in a moment, but the price cuts in china, are they going to be really substantial enough to boost demand? junheng: probably not. the core issue with tesla and certainly with china, is aging. tesla has not had a new product for the last three or four years per minute model 3 came to the market in 2017, model y, 2020. meanwhile, there are many made in china homegrown brands. t
annabelle: a focus on earnings kicking off with tesla. looking at this chart, the slide we have seen in the stock in the past five sessions, down nearly 10%. the losses this year totaling more than 40%. the ev maker is set to report its first-quarter earnings and price cuts are very much the focus, ramifications of those. we had more announced over the weekend in countries including china, where ev buyers are also awaiting a stimulus program that could include incentives aimed to encourage...
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Apr 23, 2024
04/24
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a lot riding on the tesla report. six names in particular tend to benefit when tesla shares go into reverse. cnbc pro subscribers can find out on cnbc.com/pro. >>> looking at apple, iphone sales fell 20% in the first quarter in china. the worse in the country since 2020. that's according to counter point research and comes despite the usual q1 lunar new year boost. the rival huawei saw sales climbing 70% in the same period. apple now ranks third in the country's market. >>> investors are eyeing tech stocks as four of the magnificent seven are due to report earnings this week with tesla as we just mentioned, kicking things off later today. >> it may be the mag six after this. >> we will see. we will see meta on wednesday and alphabet and microsoft set to release on thursday. speaking earlier to the channel, the norges bank ceo gave his view on the sector. >> if i look at what we can read from the current market, i would say there is clearly a lot of froth within the technology sector. we will get the answers later in t
a lot riding on the tesla report. six names in particular tend to benefit when tesla shares go into reverse. cnbc pro subscribers can find out on cnbc.com/pro. >>> looking at apple, iphone sales fell 20% in the first quarter in china. the worse in the country since 2020. that's according to counter point research and comes despite the usual q1 lunar new year boost. the rival huawei saw sales climbing 70% in the same period. apple now ranks third in the country's market. >>>...
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Apr 23, 2024
04/24
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if you look at the tesla numbers in the first quarter, tesla had an 11% market share. by the fourth quarter it was 6.7% which tells you how cheaply because in china 60% of ev's are cheaper than combustion and that will be exported. it is concerning the china overtook japan, germany and this is the context, but before i leave you, talking about energy and oil, this will displace 12 million barrels per day and not just be gas guzzling cars. tom: china brought tesla to suit up the market and they have managed. bloomberg's oliver, thank you. setting us up for a big day. novartis raising their guidance after reporting better first quarter response. we will dig into that story, what is propelling optimism next, this is bloomberg. ♪ >> we do personalization and you can tell me what you think but ai can help me analyze your face better than you could vocalize. helping to give people the equivalent is a great way to grow your business. cheating is not relevant. tom: that was trini speaking to bloomberg. the federal trade commission is seeking to stop a merger between fashion
if you look at the tesla numbers in the first quarter, tesla had an 11% market share. by the fourth quarter it was 6.7% which tells you how cheaply because in china 60% of ev's are cheaper than combustion and that will be exported. it is concerning the china overtook japan, germany and this is the context, but before i leave you, talking about energy and oil, this will displace 12 million barrels per day and not just be gas guzzling cars. tom: china brought tesla to suit up the market and they...
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Apr 29, 2024
04/24
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you can find more of our coverage of tesla on our website, bbc.com/news. it's the start of a brand—new week, so let's take a look at some of the key economic events to watch out for. on tuesday, we'll find out if china's manufacturing activity is continuing to expand when official pmi data is released. last month, factory activity picked up for the first time since september, beating economists�* forecast. on wednesday, the us federal reserve will be making its latest decision on interest rates in the world's largest economy. and staying in the us — on friday, jobs data for april will be released. katrina ell from research firm moody's analytics says she expects the pick up in china to continue. so we are expecting that it will remain above that 50 threshold. so we're looking for a 50.5 gain in april, so that's slightly weaker than the resurgence number that we saw in march, 50.8, but i think what's going to be really important is, if we dig deeper, to look at what those forward indicators are telling us. in march, we saw new orders and new export or
you can find more of our coverage of tesla on our website, bbc.com/news. it's the start of a brand—new week, so let's take a look at some of the key economic events to watch out for. on tuesday, we'll find out if china's manufacturing activity is continuing to expand when official pmi data is released. last month, factory activity picked up for the first time since september, beating economists�* forecast. on wednesday, the us federal reserve will be making its latest decision on interest...
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Apr 2, 2024
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then we have tesla. it is on slate to report its global first quarter numbers this weith the number of report of slowing sales and high interest rates. the consensus is for 457,000 deliveries in the period which could be the rip the band-aid quarter. that is according to dan ives. he had great turns of phrase. arjun, we have seen a number come out and cut share prices for tesla as well. it is not a smooth ride. >> it is a cnumber of factors facing tesla. the prices in the ev market which is sparked by tesla at the end of 2022. you are seeing the chinese players aggressively cutting prices. tesla margins are under pressure. teslas have high margins and done well. those are also under pressure. now you have increased competition. xiaomi and they priced that at $4,000 less than tesla's model 3. then the broader demand story. you look at tesla and china is the huge chunk of the deliveries. there is an issue with thecompe. all of that is hitting tesla and they are behind the price cuts. >> let's bring in the
then we have tesla. it is on slate to report its global first quarter numbers this weith the number of report of slowing sales and high interest rates. the consensus is for 457,000 deliveries in the period which could be the rip the band-aid quarter. that is according to dan ives. he had great turns of phrase. arjun, we have seen a number come out and cut share prices for tesla as well. it is not a smooth ride. >> it is a cnumber of factors facing tesla. the prices in the ev market which...
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Apr 16, 2024
04/24
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on its website, tesla says safety is the most important part of every tesla. "we design our vehicles to exceed safety standards." tesla would have done the right thing for so many times, for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for cristina, who's currently in remission from her cancer. but there's no court date set yet. zoe kleinman, bbc news. in other news... the administrators of the panama canal have announced an increase in the number of ships allowed to use the waterway every day from 2a to 31. it should ease congestion in one of the world's busiest trade routes, linking the atlantic ocean to the pacific. boeing has rejected claims that there are problems with its 787 jets, two days before a whistle—blower is due to testify to us lawmakers about what he describes as "catastrophic safety risks" in the way they're made. steve chisolm, boeing's chief engineer for mechanical and structural engineering, told reporters that the carbon fibre composites used to build the jet have successfully endur
on its website, tesla says safety is the most important part of every tesla. "we design our vehicles to exceed safety standards." tesla would have done the right thing for so many times, for so many years, and they didn't. it'll now be up to the california courts to decide the next chapter for cristina, who's currently in remission from her cancer. but there's no court date set yet. zoe kleinman, bbc news. in other news... the administrators of the panama canal have announced an...
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Apr 24, 2024
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he told one tesla bowls are rallying behind, if you believe that tesla can take where they are right now and improve, look at what he told people during the conference call yesterday -- he said they need to do something in terms of volume, improving over the next couple of years. he says we have more affordable models coming. he did not tell us what the affordable models will be, are they brand-new models were simply tweaks on current models? more models that are affordable which pushed the stock higher. he talked about robo taxi optimism at 2024 deliveries, not growing as fast as they did in 2023 at 30%, they are expected to go higher. last year, they delivered 1.81 million and the estimate now is for 1.9 million. elon musk was asked, will you get 1.81? he said yes, they expect to grow deliveries in 2024. shares of tesla, keep in mind revenue was down 9% in the first quarter, that is the biggest year-over-year decline in revenue for tesla since 2012. the story is something people embraced after hours. >> thank you for setting up for us as analysts have mixed feeling about the first-
he told one tesla bowls are rallying behind, if you believe that tesla can take where they are right now and improve, look at what he told people during the conference call yesterday -- he said they need to do something in terms of volume, improving over the next couple of years. he says we have more affordable models coming. he did not tell us what the affordable models will be, are they brand-new models were simply tweaks on current models? more models that are affordable which pushed the...
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Apr 24, 2024
04/24
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this is really important for tesla and its future growth story, in particular as around 2024, which tesla faces growth. therefore, having newer models, it helps potentially refresh a line that has become stale, also has become very small. investors are happier with this at a time like this with something that would happen at the end of next year in 2025 that could come as soon as this year or early next. this is potentially very, very positive. unfortunately, there is still a lot of details that have yet to be clarified by elon musk. he is saying, wait until august when we will have an announcement on something related to a robotaxi and whether that could involve things that could be low cost and help to drive and revive this slumping stock performance. tom: and it just comes down to implementation. the key question as to whether they can implement the sped up time. danny joining us out of beijing. competition out of china has been one of the key factors, key challenges for elon musk and tesla. what stood out to you? danny: i think just across the range of metrics we were looking at, ever
this is really important for tesla and its future growth story, in particular as around 2024, which tesla faces growth. therefore, having newer models, it helps potentially refresh a line that has become stale, also has become very small. investors are happier with this at a time like this with something that would happen at the end of next year in 2025 that could come as soon as this year or early next. this is potentially very, very positive. unfortunately, there is still a lot of details...
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Apr 23, 2024
04/24
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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 16, 2024
04/24
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KRON
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like we said, they were planning come here to the tesla factory. >> and will follow these tesla workers real quick that they're putting up a gate and it looks look at this. these are people who are not even part of the protests that are trying to drive through this road here. and it looks like that they're not only cutting off one way going westbound, but now they're cutting off the other way going eastbound. it's turning it to be quite a headache not sure what the coronation was here took place these gates up here. and as you can see through the fence, there are still some people looking to join this protest. people who are arriving a little bit later. again, this is a protest, a 50 or 60 different people. and now it looks like that the force of some of these people to turn around here. it looks like this roadway here is now being blocked by tesla workers. so we'll turn back around here in walked back with these tesla workers. and again, this is the main entrance here. the south, lot for the tesla factory based out of here in fremont. and this is when we talk with organizers for this p
like we said, they were planning come here to the tesla factory. >> and will follow these tesla workers real quick that they're putting up a gate and it looks look at this. these are people who are not even part of the protests that are trying to drive through this road here. and it looks like that they're not only cutting off one way going westbound, but now they're cutting off the other way going eastbound. it's turning it to be quite a headache not sure what the coronation was here...
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Apr 22, 2024
04/24
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tesla/is prices -- tesla slashes prices. eyes turn to the crucial earnings report. it is a big week in terms of the earnings story with u.s. tax. tesla reporting on tuesday but also european banks in focus for us today as well and we check in on the markets when there is a bit of relief. with the outside coming through for equities and a little bit of downside for those haven assets, the likes of gold, oil, and the u.s. dollar. futures pointing higher. the ftse 100 up in the session. we look at the energy story as well given that oil has come off a little to see how that feeds through in to the ftse 100. s&p futures above the 5000 level. nasdaq futures pointing higher by .5% after the worst week for the nasdaq 100 since november of 2022. looking to repair some of those losses at least gazed on the futures. let's focus on the treasury space. a big week in terms of options. the two-year above 5%. softness coming through for the bloomberg dollar or at least dropping .9%. and rita saying she -- let's turn to the invocations of this will. when it could mean for tiktok. t
tesla/is prices -- tesla slashes prices. eyes turn to the crucial earnings report. it is a big week in terms of the earnings story with u.s. tax. tesla reporting on tuesday but also european banks in focus for us today as well and we check in on the markets when there is a bit of relief. with the outside coming through for equities and a little bit of downside for those haven assets, the likes of gold, oil, and the u.s. dollar. futures pointing higher. the ftse 100 up in the session. we look at...
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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 29, 2024
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tesla has a major factor in ties with china. tesla has a majorfactor in shanghai and it is developing its most cutting—edge driving technology there. also, china is a key market for tesla, its second—largest market, but market has been dropping to about 7.5% because of intense competition from rivals like vy d, which is backed by warren buffett and has about 33% market share. but, clearly, elon musk is trying to drum up support by investors, trying to convince them it is a wedding proposition by existing ev market is a ai company and with talk of a plant oboe taxi service as well —— byd. talk of a plant oboe taxi service as well -- byd. and also he _ service as well -- byd. and also he has _ service as well -- byd. and also he has on _ service as well -- byd. and also he has on many - service as well -- byd. and i also he has on many occasions in his conversation with investors after earnings are released at the high interest rates the us are really hitting tesla sales. we have got the fed meeting this week, and now the
tesla has a major factor in ties with china. tesla has a majorfactor in shanghai and it is developing its most cutting—edge driving technology there. also, china is a key market for tesla, its second—largest market, but market has been dropping to about 7.5% because of intense competition from rivals like vy d, which is backed by warren buffett and has about 33% market share. but, clearly, elon musk is trying to drum up support by investors, trying to convince them it is a wedding...
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Apr 22, 2024
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really difficult water for tesla, tesla. really difficult water for tesla. very _ tesla. really difficult water for tesla, very road. _ tesla. really difficult water for tesla, very road. we _ tesla. really difficult water for tesla, very road. we also - tesla. really difficult water for tesla, very road. we also saw| tesla. really difficult water for | tesla, very road. we also saw a
really difficult water for tesla, tesla. really difficult water for tesla. very _ tesla. really difficult water for tesla, very road. _ tesla. really difficult water for tesla, very road. we _ tesla. really difficult water for tesla, very road. we also - tesla. really difficult water for tesla, very road. we also saw| tesla. really difficult water for | tesla, very road. we also saw a
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Apr 9, 2024
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it also claims tesla knew about the defective design. tesla has denied any liability in that crash attempts to reach a settlement between the attorneys for tesla and the family have fallen through a search underway in oakland tonight for the car involved in a hit and run that killed a person. >> happened just before 1 o'clock this morning at the intersection of 70th avenue and san leandro street. that's near the coliseum. bart station. police say when they got there, they found the victim dead. and no word tonight suspected car's description or the victim's name. but anybody with information about the crash is being asked to call oakland police. >> a man was arrested after police say he stole more than $1000 in merchandise and threatened employees with pepper spray at the san mateo ross store. it happened around one saturday afternoon at the store on kong car drive. police say on their way to ross. they found the suspect. 53 year-old james bell driving recklessly on highway 92. officers say they tried to pull him over but he led them on
it also claims tesla knew about the defective design. tesla has denied any liability in that crash attempts to reach a settlement between the attorneys for tesla and the family have fallen through a search underway in oakland tonight for the car involved in a hit and run that killed a person. >> happened just before 1 o'clock this morning at the intersection of 70th avenue and san leandro street. that's near the coliseum. bart station. police say when they got there, they found the victim...
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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 3, 2024
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drivers can use the tesla recharge stations with ford. consumer reports, meantime, out with a new issue that says tesla's interior is frustrating. but it still recommends the car. and "reuters" reports that polling by the firm caliber found a significant number of tesla buyers are turned off by the behavior of elon musk who has railed lately against diversity and inclusion. the percentage of people that trust the tesla brand at 31% down from highs of 70%. now, tesla still an innovative company with popular cars. the model y second best selling car in america according to kelly blue book and the best selling car in california. in fact, one out of every eight cars sold in the state every month is a tesla. back to you. >> thanks a lot, scott. i see them on the roads definitely. >>> well, april is stress awareness month. and a recent study found that people between the ages of 18 to 34 have the highest stress levels. according to the american psychological association, 82% say significant sources of stress for them were health related. 82% al
drivers can use the tesla recharge stations with ford. consumer reports, meantime, out with a new issue that says tesla's interior is frustrating. but it still recommends the car. and "reuters" reports that polling by the firm caliber found a significant number of tesla buyers are turned off by the behavior of elon musk who has railed lately against diversity and inclusion. the percentage of people that trust the tesla brand at 31% down from highs of 70%. now, tesla still an...
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Apr 28, 2024
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facilities, so there was a long road for tesla. he does have the good relationships with li qiang, but it is a big struggle to get that kind of approval immediately, but they sit on the right things. li qiang said china is always open to foreign companies and added that tesla is a successful example of u.s.-china cooperation and tesla was willing to deepen cooperation with china. you can kind of see elon musk's priorities. she was supposed to be in india eating with narendra modi. he wants to get into india. at dr a lot of tax issues of import taxes and the like in the indiana market. he also wants starlink in india, but china is elon musk's priority. all he obviously sees china as a more pressing matter right now. haidi: stephen engle with the details of the surprise visit. stick around for more insight into elon musk's weekend trip to beijing. wedbush securities at 11:40 a.m. sydney time. antony blinken is due in saudi arabia for talks with regional counterparts on the israel-hamas war. wrapping up two days of sometimes confronta
facilities, so there was a long road for tesla. he does have the good relationships with li qiang, but it is a big struggle to get that kind of approval immediately, but they sit on the right things. li qiang said china is always open to foreign companies and added that tesla is a successful example of u.s.-china cooperation and tesla was willing to deepen cooperation with china. you can kind of see elon musk's priorities. she was supposed to be in india eating with narendra modi. he wants to...
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Apr 29, 2024
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wild moves from tesla. shares last week on a ride after weeks sales and forecasted sales but shares are soaring again after approval in principle from chinese government officials to deploy its driver assisted system. ed ludlow joins me now. talk to us about what you saw from tesla's first set of guidance on delivering new cheaper ev's compared to what you see today with this reaction from the news from china. today's news is sending shares higher. ed: exactly right. investors vote with their feet as the old adage goes. we are up 16%. on track for the biggest jump since march 2020 one. that is in response to the news overnight. this -- the specifics are important, it is a tentative authorization for fsd in china and has clear stipulations. reaching an agreement with baidu for mapping is important. baidu is the domestic champion of that technology. data and privacy agreements because tesla has had a good relationship with china relative to other u.s. companies, it of late has been more tricky particularly in
wild moves from tesla. shares last week on a ride after weeks sales and forecasted sales but shares are soaring again after approval in principle from chinese government officials to deploy its driver assisted system. ed ludlow joins me now. talk to us about what you saw from tesla's first set of guidance on delivering new cheaper ev's compared to what you see today with this reaction from the news from china. today's news is sending shares higher. ed: exactly right. investors vote with their...
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Apr 23, 2024
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we will stick with tesla. investors are preparing for the earnings after the bell today as the company is facing pressure with the stock falling. the chart right there and the stock is at the lowest level since january of last year. down 50% the last two years. the stock down 40% this year. second worst performing in the s&p 500 with concerns of price cuts and product issues continue to mount. phil lebeau has more on what to watch with the results. >> reporter: when tesla reports after the bell today, the street is focused less on the specific number and more on the specispecific outlook for the robotaxi. they are expected to show a lower gross margin as well as a drop in operating profit. what is the guidance for the second quarter and the rest of the year and specifically what is the plan for rolling out the small car and robotaxi? tesla's full self-driving technology allows the driver to take the hands off the wheel, but it is a long way from autonomous driving. elon musk said tesla must change frequently a
we will stick with tesla. investors are preparing for the earnings after the bell today as the company is facing pressure with the stock falling. the chart right there and the stock is at the lowest level since january of last year. down 50% the last two years. the stock down 40% this year. second worst performing in the s&p 500 with concerns of price cuts and product issues continue to mount. phil lebeau has more on what to watch with the results. >> reporter: when tesla reports...
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Apr 5, 2024
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ed: tesla shares are down 4%, reuters reporting tesla scrapped their plans for a low-cost car. the idea that tesla will commit to his previous strategy of focusing on self-driving robotaxis in the original thesis is they would manage these fleas. eets. ♪ to me, harlem is home. but home is also your body. —last one everyone. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick—and—mortar in new york is not easy. chase ink has supported us from studio 1 to studio 3. when you start small you need some big help. and chase ink was that for me. earn up to 5% cash back on business essentials with the chase ink business cash card. make more of what's yours. ed: shares of tesla have dropped sharply in the last five minutes. reuters is reporting that tesla has scrapped plans for a lower cost ev. the reuters report says is that tesla wants to focus on building a robotaxi. joining us is craig trudell, for housekeeping, bloomberg is contacting tesla directly and all of our reporting to the tried to work out the validity of this report but
ed: tesla shares are down 4%, reuters reporting tesla scrapped their plans for a low-cost car. the idea that tesla will commit to his previous strategy of focusing on self-driving robotaxis in the original thesis is they would manage these fleas. eets. ♪ to me, harlem is home. but home is also your body. —last one everyone. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick—and—mortar in new york is not easy. chase ink has supported us from...
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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 29, 2024
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there has been so much tesla news recently, phil. tell us the latest >> well, courtney, the importance of this is because china has been so important and so lucrative to tesla and it hasn't been able to get full self-driving subscription revenue from that market that could be changing here are the details of the deal that was announced by tesla in china over the last 24 hours it will expand its autonomous drive technology, the ability to use more of its technology there in that country, and it doesn't immediately mean the fsd rollout, but it does clear the path for that to happen. and we've been told by sources that baidu is the company providing some technical details to support tesla, including mapping, which is critical in that country you mentioned that china is tesla's second-largest market, a lot of people refer to it as the largest market, with 33% of its sales coming in that market, and it has long had very successful cop rations there, but the key here, you want that monthly subscription, if at all possible, that's the allur
there has been so much tesla news recently, phil. tell us the latest >> well, courtney, the importance of this is because china has been so important and so lucrative to tesla and it hasn't been able to get full self-driving subscription revenue from that market that could be changing here are the details of the deal that was announced by tesla in china over the last 24 hours it will expand its autonomous drive technology, the ability to use more of its technology there in that country,...
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Apr 2, 2024
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tesla was the leader in this marketing using price as a lever. they cut prices and raised prices in the net end price is important but it wouldn't be surprising for them next quarter to also lower the price will raise the price particular wall rates remain higher. >> may be expect more price adjustments of courses as tesla plots a path forward. they actually beat on their delivery targets talking about much smaller numbers here than tesla. but still beating the stock is down right now. >> i know the company pretty well. for me this is a story about management team learning corporate guidance. in the last quarter's earnings they said deliveries will be down 10 to 15% and our production will be impacted because we are introducing new parts reestablishing our supply chain and they gave that guidance and quite comfortably beat it on deliveries. there is still constrained. they planned to downtime this year and like tesla there is a big demand. they go into production 2026, the market for $80,000 pickups and suvs it's not clear who is still buying tho
tesla was the leader in this marketing using price as a lever. they cut prices and raised prices in the net end price is important but it wouldn't be surprising for them next quarter to also lower the price will raise the price particular wall rates remain higher. >> may be expect more price adjustments of courses as tesla plots a path forward. they actually beat on their delivery targets talking about much smaller numbers here than tesla. but still beating the stock is down right now....
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Apr 29, 2024
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so, china has very much supported tesla when tesla needed it most. we are seeing u.s. companies pull back a bit from china, maybe at least derisk a little. apple did that in india. a similar move. it's clear that musk doesn't see the -- urgency to do that. ed: terrific reporting, thank you so much. another story close to this one, u.s. auto safety regulators investigating the ford a blue cruise assistance driver feature after a pair of fatal crashes involving the technology. the office of defect investigation opened a preliminary evaluation after receiving notice of two suvs that collided with stationary vehicles. we will continue to track that one. caroline: notable. coming up, look, got to turn our attention to another key stock on the move. paramount, announcing its own ceo ousting, potentially, a head of a potential purchase of the business. we will bring you more. this is "bloomberg technology." ♪ ed: talking tactic, the supreme court rejected an appeal from elon musk over the so-called twitter sitter, overseeing social media posts about tesla. without comment t
so, china has very much supported tesla when tesla needed it most. we are seeing u.s. companies pull back a bit from china, maybe at least derisk a little. apple did that in india. a similar move. it's clear that musk doesn't see the -- urgency to do that. ed: terrific reporting, thank you so much. another story close to this one, u.s. auto safety regulators investigating the ford a blue cruise assistance driver feature after a pair of fatal crashes involving the technology. the office of...
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Apr 1, 2024
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tesla offers to anna sedan. and then niche snx and a cyber truck so we need more types of ev's to meet the demand of the average consumer. katie: before i let you go, would tesla ever go for a hybrid? it seems that's where the consumer is now. ed: no, the hybrid has a role in this market but tesla is committed to factory electric technology and the bigger goal of advancing transition to sustainable energy. katie: great to see you in person. rumors say he will be here all week. we are back with nancy tengler. i want to debt i won't ask about tesla but i will ask you about home depot. you look at the stock performance and it's basically in-line with the s&p 500. what are you seeing around that name? >> the housing start members -- numbers were pretty optimistic as well as permits which tend to be a leading indicator. even though this stock shouldn't necessarily trade on new-home sales or housings starts, it does. it's been a pretty poor performer for the last three years and it's picked up recently. the latest tra
tesla offers to anna sedan. and then niche snx and a cyber truck so we need more types of ev's to meet the demand of the average consumer. katie: before i let you go, would tesla ever go for a hybrid? it seems that's where the consumer is now. ed: no, the hybrid has a role in this market but tesla is committed to factory electric technology and the bigger goal of advancing transition to sustainable energy. katie: great to see you in person. rumors say he will be here all week. we are back with...
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whether does apple or tesla. you know they are watching these developments closely. >> in terms of the stock price reaction, obviously, this comes on the heels of their earnings, i believe it was last week. just a prospect with these newer technologies. we got investors' attention. how did they look at today's news of 15% and think about how this will ultimately filter into their models and the revenue potential and all of that? >> most analyst notes have been positive. this is an important moment for tesla in the largest eb market. that cannot be disputed. you have analysts who are saying, this is fantastic. we are not sure exactly how much this will unlock in terms of revenue potential. this is what you want. it also is another example, playing off of last week analyst call. you have elon musk actively engaged in the next development with tesla. that was some of the narrative as the stock was trending lower people were saying, where is he? is he fully engaged with this company or is he busy doing a myriad of ot
whether does apple or tesla. you know they are watching these developments closely. >> in terms of the stock price reaction, obviously, this comes on the heels of their earnings, i believe it was last week. just a prospect with these newer technologies. we got investors' attention. how did they look at today's news of 15% and think about how this will ultimately filter into their models and the revenue potential and all of that? >> most analyst notes have been positive. this is an...
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Apr 23, 2024
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it's been a rocky road for tesla this it's been a rocky road for tesla this year. it's been a rocky road for tesla this year. interest 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—off, then on tuesday it reported its first quarter earnings. the company is anticipating lower deliveries this year compared to 2023 but investors have one bright spot to look to come announced it speeding up the launch of a lower—priced vehicle from affordable models —— models could be a boon for cash—strapped consumers, and worldwide like china and india. tesla's shares 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
it's been a rocky road for tesla this it's been a rocky road for tesla this year. it's been a rocky road for tesla this year. interest 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—off, then on...
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Apr 22, 2024
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look at tesla shares. they are down 3.3% right now on news that they are cutting prices of the best selling vehicles in the u.s. and in china. keep in mind, tesla shares are down 40% year to date. the company's faced a lot of pressure with the missing deliver numbers and that price war in china. facing pressure from companies like byd in the chinese market. a lot of questions of the future of tesla. investors answering that it is a car company. shares falling sharply right now on the price cut news. falling year to date on the fact they missed deliveries and other issues when it comes to demand. tesla shares down 3.3%. >>> coming up on the show, we will talk to you much more about what's going on. the u.s. house approves billions in aid in a rare saturday session. we will have the latest from washington coming up next. norman, bad news... i never graduated from med school. what? but the good news is... xfinity mobile just got even better! now, you can automatically connect to wifi speeds up to a gig on the
look at tesla shares. they are down 3.3% right now on news that they are cutting prices of the best selling vehicles in the u.s. and in china. keep in mind, tesla shares are down 40% year to date. the company's faced a lot of pressure with the missing deliver numbers and that price war in china. facing pressure from companies like byd in the chinese market. a lot of questions of the future of tesla. investors answering that it is a car company. shares falling sharply right now on the price cut...
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Apr 1, 2024
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that was ed ludlow previewing the tesla delivery numbers. tesla shares are off another 1.8% today. coming up, we will look at the next chapter for bridgewater on today's wall street beat. that's 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. when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh katie: this is bloomberg markets. it's time for today's wall street beat. we are looking at bridgewater's next chapter as it looks to move past ray dalio's reign. kathy burton is with us. it's been about 18 months for this idea, how's he doing? >> he has a mixed report card. he has tried to make a lot of changes at the firm to improve performance. there has been some perio of good performance including this yeard but last year, they hads one of their biggest losses. it's not entirely clear yet he has figure
that was ed ludlow previewing the tesla delivery numbers. tesla shares are off another 1.8% today. coming up, we will look at the next chapter for bridgewater on today's wall street beat. that's 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. when you automate sales tax with avalara, you don't...
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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 28, 2024
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i think a lot of investors in america would really like to see musk and tesla focus on new tesla models, more affordable models coming out. but a lot of people believe that he�*s kind of become a little bored with the card game and is really focused on autonomy and artificial intelligence and unlocking the key to self—driving. and that�*s really what he�*s trying to do here. as for how china sees it, who knows? i mean, i think that given how they�*ve rolled out the red carpet for him for this visit, i think it�*s possible they will reach some sort of agreement that will allow him to meet what he�*s after here in china. and tell us a bit about the challenges that tesla is facing in china. i mean, they have ambitions of their own eve makers i mean, they have ambitions of their own ev makers like byd among others. sure thing. first and foremost, on tesla�*s most recent earnings call, musk was adamant that he sees the future of that company is robotaxis, its full self—driving, its autonomy. i think that he�*s kind of down on the idea that cars should have steering wheels
i think a lot of investors in america would really like to see musk and tesla focus on new tesla models, more affordable models coming out. but a lot of people believe that he�*s kind of become a little bored with the card game and is really focused on autonomy and artificial intelligence and unlocking the key to self—driving. and that�*s really what he�*s trying to do here. as for how china sees it, who knows? i mean, i think that given how they�*ve rolled out the red carpet for him...
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Apr 20, 2024
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but in tesla's case, it's a little extra. also people want to know how many cybertrucks are out there, how many are coming in the next few months, and what may be on the horizon to sort of give this company a boost after suffering through a lower stock price, lower sales, and a lower delivery number. >> elon musk has a lot on his plate. it's remarkable really that he can run so many different companies, so many different high-profile companies at that. >> right. that's some of the criticism he gets is that perhaps he's not focusing enough on these cars. after all, tesla -- and its earned its valuation as a tech company. i get that. but ultimately, it runs and goes on how many cars it sells. and if that slows down, they've got to kick-start the company somehow. >> thank you for your insight. >> up next, a cal student about to make history on the berkeley city council. so why did she run? she's going to join us in just a minute. norman, bad news... i never graduated from med school. what? but the good news is... xfinity mobile
but in tesla's case, it's a little extra. also people want to know how many cybertrucks are out there, how many are coming in the next few months, and what may be on the horizon to sort of give this company a boost after suffering through a lower stock price, lower sales, and a lower delivery number. >> elon musk has a lot on his plate. it's remarkable really that he can run so many different companies, so many different high-profile companies at that. >> right. that's some of the...
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Apr 16, 2024
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we're not quite at the tesla headquarters yet. we're actually at the warm springs bart station here. this is where we heard where the protest was going to start today and through what we're hearing on social media was going to move from the warm springs park station here in fremont down to that tesla headquarters there. now, as you guys were saying, this is the 3rd major protests we've seen throughout the bay area today. first will be on the golden gate. then 80 near oakland and that now here at the bart station, the warm springs, bart station here in fremont now looking at social media post, people organizing this bay, we're going make their way down to the tesla headquarters. people have been gathering here at the parking lot at the warm springs, bart station for the last maybe about 45 minutes or numbering about maybe 2, 3, maybe 4 dozen people. and again, like i said, be working to make their way down to the tesla headquarters, we're going to be working to find out more information about the reasoning behind the tesla headquar
we're not quite at the tesla headquarters yet. we're actually at the warm springs bart station here. this is where we heard where the protest was going to start today and through what we're hearing on social media was going to move from the warm springs park station here in fremont down to that tesla headquarters there. now, as you guys were saying, this is the 3rd major protests we've seen throughout the bay area today. first will be on the golden gate. then 80 near oakland and that now here...
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Apr 29, 2024
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data security, tesla is american. they've been keeping data onshore in shanghai since 2021 or two, so they are complying. coincidentally or not, yesterday afternoon, the chinese administrative automobile manufacturing said the tesla model 3 in the model y past data security reviews done by chinese authorities. so maybe that is one hurdle for tesla. but they see china and india down the road as growth markets for tesla. that is why he is here, meeting his old acquaintance. annabelle: stephen engle there. you can get a roundup of stories to get your day going in daybreak. subscribers can find that on your terminals and it is available on mobile for bloomberg anywhere. customize the industries and assets that matter to you. this is bloomberg. ♪ annabelle: taking a look at major currency pairs, a little movement coming through. watching the yen closely. as we have been discussing, going to 160. which makes the risk of intervention in play. we're continuing to track that. japanese equity markets are shut. we are just see
data security, tesla is american. they've been keeping data onshore in shanghai since 2021 or two, so they are complying. coincidentally or not, yesterday afternoon, the chinese administrative automobile manufacturing said the tesla model 3 in the model y past data security reviews done by chinese authorities. so maybe that is one hurdle for tesla. but they see china and india down the road as growth markets for tesla. that is why he is here, meeting his old acquaintance. annabelle: stephen...
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okay, let's get to tesla. tesla's electric vehicle production declines for the first time since the covid pandemic. it's a rare drop and one major shareholder says one guy and one board are to blame. ceo elon musk and his board. up next, ross gerber, longtimeshare holder, is here on what tesla needs to do to get the world's second richest man and the stock back on track. we do have it down year to date -- well, that's intraday, down a 7b9 -- 5.33, and i believe year to date it's down about 30%. can't see. nobody's helping me in the booth with. okay. down about 33% if year to date. >>> all right, "the claman countdown" is coming right back with ross gerber in studio. ♪ than help you reach your goals. i can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about. not all caitlin clarks are the same. caitlin clark. city planner. just like not all internet providers are the same. don't
okay, let's get to tesla. tesla's electric vehicle production declines for the first time since the covid pandemic. it's a rare drop and one major shareholder says one guy and one board are to blame. ceo elon musk and his board. up next, ross gerber, longtimeshare holder, is here on what tesla needs to do to get the world's second richest man and the stock back on track. we do have it down year to date -- well, that's intraday, down a 7b9 -- 5.33, and i believe year to date it's down about 30%....
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Apr 29, 2024
04/24
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the performances tesla has been silenced, ? the performances tesla has been silenced,? ~ , , the performances tesla has been silenced,?— the performances tesla has been silenced,? ~ , , , ., ., silenced,? absolutely. tessa had had a rocky first — silenced,? absolutely. tessa had had a rocky first quarter _ silenced,? absolutely. tessa had had a rocky first quarter for _ silenced,? absolutely. tessa had had a rocky first quarter for saw _ silenced,? absolutely. tessa had had a rocky first quarter for saw sales - a rocky first quarter for saw sales drop, revenues drop. tesla, the leaderfor about 10% of drop, revenues drop. tesla, the leader for about 10% of its global workforce. you had problems with the cyber truck recall over an accelerator pedal that would get stock when it was depressed. kind of a rocky start for the mosques trip to china was a big win for them especially in the context of how bad the first quarter had been. == especially in the context of how bad the first quarter had been. -- musk. it sort of the first quarter had been. -- musk. it sort of bucks
the performances tesla has been silenced, ? the performances tesla has been silenced,? ~ , , the performances tesla has been silenced,?— the performances tesla has been silenced,? ~ , , , ., ., silenced,? absolutely. tessa had had a rocky first — silenced,? absolutely. tessa had had a rocky first quarter _ silenced,? absolutely. tessa had had a rocky first quarter for _ silenced,? absolutely. tessa had had a rocky first quarter for saw _ silenced,? absolutely. tessa had had a rocky first...
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Apr 24, 2024
04/24
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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...