coming up, tesla sales break records in the third quarter. we break down the numbers plus what it means for future demand of the model 3. "bloomberg technology" is live streaming on twitter weekdays at 5:00 in new york, 2:00 in san francisco. this is bloomberg. ♪ ♪ emily: now an update on tesla's vehicle deliveries in the third quarter. they shipped more than 26,000 cars and s.u.v.'s, including a record number of model s and x sedans. david, what do you make of the latest numbers? david: shares in the aftermarket atdes didn't -- did well first. i think people read the first paragraph of the press release and said great sales for model s and x. the shares shot up. as you read through, you see there are production bottlenecks for the model 3. that is the all-important car, the cheaper and high-volume car, it makes or breaks tesla going forward in terms of cash flow and profitability. i think investors looked at that and said, are we going to have another set of delays from tesla? they tend to miss production targets and scheduling. i think

. >>> meantime tesla shares also under pressure today over under certainty around whether the electric vehicle maker will be opening a new factory in china we're going to separate fact from fiction on this one. >>> and after the bell, soon you'll be able to order takeout directly from the amazon app the head of amazon payments will be joining us exculusively to talk about the e-commerce giant's latest announcement. everybody's getting into the payment system business right now apple pay, amazon pay. >> international, too. alibaba pay, ali pay. >> absolutely. >>> let's get to the top story out of washington. that would be tax reform and a major change being floated by republican lawmakers that could have a huge impact on your retirement savings cnbc's ylan mui is in washington with that story. ylan >> reporter: bill, a capitol hill source told me they were looking at lowering the limit on how much you can contribute to your 401(k) without paying taxes right away now right now, that cap is $18,000 but republicans are considering moving that down to just $2,400. and that would allow them

tesla was able to produce a few cars and more as expected and so overall the stock of tesla also gained here in the tubes this session court in new york thank you iran's economy is thirsting for investment and after signing the landmark nuclear deal with the west in twenty fifteen it looked like things could be improving for the second largest economy in the middle east but as the rhetoric between washington tear on has become fiercer recently bridging the gaps that they ran europe's former forum has become easier. the annual conference brings together government officials from around with businessmen bankers from around discuss deals with colleagues from germany or denmark due to recent developments the europe iran forum appears more important than ever in this its fourth year we're lucky to have european ambassadors senior officials from the european union and other figures from the policy world here in this event and bring these two communities closer together iran's political and economic ties with the west have been strained since donald trump became us president. the islamic repub

. >>> still ahead, tesla shrinks its staff. the carmaker has reportedly fired hundreds of workers amid its slow start of its model 3. ask if xeljanz xr is right for you. xeljanz xr is a once-daily pill for adults with moderate to severe ra for whom methotrexate did not work well. it can reduce pain, swelling and further joint damage, even without methotrexate. xeljanz xr can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections, lymphoma and other cancers have happened. don't start xeljanz xr if you have an infection. tears in the stomach or intestines, low blood cell counts and higher liver tests and cholesterol levels have happened. your doctor should perform blood tests before you start and while taking xeljanz xr, and monitor certain liver tests. tell your doctor if you were in a region where fungal infections are common and if you have had tb, hepatitis b or c, or are prone to infections. xeljanz xr can reduce the symptoms of ra, even without methotrexate. ask your rheumatologi

time now for a quick break but stick around because when we return the tesla brand faces a mom. star tax bill overseas is a punishment telling the what we're going to find out my guest former u.s. attorney mr maher chilton talks movies and money who can ignore the power machine behind ali what we take a look at how sex scandals are changing it as we go to break here are the numbers because. as you know in gears you know you go into are you going to. show you those are the you know mr wolf that is going. to go in another place or through that into the term that the that the. your the two of you are you really just do believe all of these blows the glad i. got burnt on the number that i can relate to the other take a look. at your mom got up out of the one that was going to go in the state you know and he's not above the strong room of the room the truth. is. he. become worthless. we all willingly accepted the risk of being shot wounded taken prisoner but new forced signed up to be friggin poisoned by our own people of seeing stuff that was nuclear biological and chemical products

at sfo, dan kerman kron 4news159/std (pam) three tesla employees have filed lawsuits against tesla in fremont.... they say, the workplace is so hostile to black workers it was - quote - "straight from the jim crow era." an engineer claims, she was cat-called on the factory floor ... and was terminated after she sued for gender discrimination. a total of four lawsuits (pam) 159/std4newskerman kron 4news 159/std (pam) three tesla employees have filed lawsuits against tesla in fremont.... they say, the workplace is so hostile to black workers it was - quote - "straight from the jim crow era." an engineer claims, she was cat-called on the factory floor ... and was terminated after she sued for gender discrimination. a total of four lawsuits have been filed. tesla released a statement saying, it takes all complaints seriously... but adds, there has never been a proven case of discrimination against the company in tesla's history. (steve) new a ten: rent prices in the bay area rising.... we have new numbers.. these are the most bay area expensive cities for a one bedroom apartment. in san f

this comes after hundreds of layoffs at tesla in each case tesla says it's letting poor performers go. tesla ceo elon musk was scheduled to show off a new truck today but they delayed that to concentrate on increasing the production of the model 3. hundreds of thousands of people have put down a deposit on model 3 but tesla hasn't made very many of them. tesla shares fell 3.5% on wednesday. watch twitter, the company says it's closer to making a profit. markets saw their worst day in two months yesterday and it's the bears fault. >> no. >> it is the bears fault right there. don't bring a bear to the market. >> how about a bull. >> all the bulls you want, never bears. rookie mistake. >> inks that, scott. >>> game on, baseball fans in game two of the world series last night houston evened things out one apiece with a wild 1 # 1 winning win, george spinner's home run capped eight home runs in a world series game. astros 7. rival giant fans could appreciate last night's first pitch which included legendary dodgers broadcaster vin gully. >> it's time for dodger baseball. >> isn't that grea

this comes after hundreds of workers at tesla lost their job, tesla said it's letting poor performers go. tesla ceo elon musk was scheduled to show off a new truck today but has delayed that to concentrate on increasing production of the model 3. thousands of people have put down a deposit for that new car, but tesla hasn't made very many of them. tesla has to explain itself to investors in its next quarterly report on november 1st. some good news out of twitter, the san francisco based company says it's closer to making a profit, shares are up 9% premarket. the company also says it's accidentally been overcounting its users. >>> uber has a credit card. it gives you money back on purchases which you can dump that money back into your uber account and get some free rides. now, what uber gets out of this is even more data about what you do, right? it knows you like to be dropped off at a certain place, a restaurant, whatnot. >> what you spend. >> now what you spend on top of that. there are a lot of cash back cards, compare t i'm not saying uber is better or worse, but go on a website l

synonymous with evs is tesla, owner of the world's biggest battery factory. due to hit peak production in 2020, the gigafactory aims to produce enough batteries to power after million new electric —— half a million new electric cars every year. tesla boss elon musk‘s ambitions go further than revolutionising our cars, though — he wants to rewire our homes too. enter the powerwall. the £6,000 home battery stores energy gathered from solar panels during the day and when the sun goes down sustainably powers your pad. it's very straightforward, really, not that complicated. from tesla to ikea, there seems to be a growing trend in companies creating home batteries to harness solar power. so how exactly does this work? tech enthusiastic terence has had solar panels for several years. more recently connecting them to a home battery, meaning he can use the power he generates and send excess back to the grid. the battery charged up 1.4 kilowatt hours, which it then used throughout the day, so that saved about 15% on energy bills. he's also using it to power h

times" reports that tesla is going to build a factory in shanghai, china. china leads the world in electric vehicle sales and the country is moving now to ban new cars powered by gas and diesel. the new factory would give lower production costs, but it's not likely to eliminate the 25% import tax. tesla isn't commenting, but said they are working with shanghai to establish a manufacturing facility there. >>> nasa has had success exploring a dwarf planet and the mission is being expanded. next year, "dawn" will fly just 120 miles from the surface. scientists want to know more about the atmosphere and surface ice. they believe solar flares are melting ice. it's a possible destination for humans to colonize one day. >>> oh, yeah, go ahead. >> just thinking about my house there on series. >> of course. >> when it comes to wine, rose is so passe. wine makers are uncorking a new color now. >> i wasn't sure because of the color. >> yeah, it's pretty interesting. we ale look at the new buzz in wine and why inthuzists say it's not for everyone. >>> and it's going to

tesla is expanding in fremont. more of the companies plan to continue growing. >>> a new warning about a trend in toothpaste. what dentists are now saying not to use on your teeth. >>> ♪ [ music ] this has to be in the 80s. those looking at the video for this. he was an awfully young man in this one. i requested -- a request from stacy on the twitter page. this is a special tom petty son. i play a request every friday morning. >> a new popular teeth whitening product could actually do more harm than good. >> it's expected the tubing hurricanes had a big impact on us jobs. pam cook is back in the studio with money business. >> we expected this. the september jobs report came in this morning and it shows 33,000 jobs lost. many of those due to the hurricane. the news are headed lower. there is some good news offsetting i will talk about that in a second. there's the opening bell can with an ipo. it is a company called switch based in vegas it is cloud services and they have clients of amazon and paypal. you can see

electric car tesla set to open up an auto factory in china. will the autocratic government over there screw everything up? this is what it's all about, jamie -- helping small businesses. damage your vehicle? we got you covered. [ glass shatters ] property damage? that's what general liability's for. what?! -injured employee? -ow. workers' comp helps you pay for a replacement. what's happening? this is carla. how's it going? and if anything comes up, our experts are standing by. ♪ boo! your bbut as you get older,ing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our exp

and the owner of tesla offered to help puerto rico as they remain without power. stay with us. >>> tesla ceo elan musk is offering to solve puerto rico's energy crisis and his solar power unity would be a way fix the energy grid and the governor tweeted back lets talk. he says that tesla helped many smaller islands with grids and is confident it can be done in puerto rico as well. >>> cigna one of the nation's largest health insurers will stop covering oxycontin next year. the brand for oxycodone. and cigna committed in 2016 by cutting the use by 25% over a three year period. the insurance giant will continue to cover oxycodonealitiestives. >>> and the "action news" team is out working on stories for 4:00. the proposal to bring faster free wifi and kiosks the to area. and the gift of music, a world renowned pianist visits philadelphia schools. and in the meantime, accuweather is next coming up at noon as we look live from sky 6 hd a pretty picture from cape may, new jersey. melissa magee has your seven-day forecast when we come right back. >>> meteorologist, melis

kris sanchez reached out to tesla. we are waiting to hear back. >>> teachers looking into a data breach. a rogue website posted names, gpas and class rankings for students at palo alto high school. the information was late. officials are trying to determine how much of the information is legitimate. at least some of it has been verified. >>> 6:58. live to the skies this morning. we are off to a cool and clear start in the south bay. it will start warming up into the weekend, no doubt. >> that's right. pretty warm out there. it's going to be warmer this afternoon. it starts out cold. it will have a wide range in temperatures from the morning to the afternoon. you have to be prepared for it all. in san francisco, highs reaching into the low 70s. then we'll see more 70s into next week. inland areas will feel more like summer starting today, continuing into tomorrow. it's going to be windy on sunday. high temperatures mid-80s and then those temperatures coming back down for the middle of next week. a lot of things going on

electric car tesla set to open up an auto factory in china. will the autocratic government over there screw everything up? liberty mutual saved us almost eight hundred dollars when we switched our auto and home insurance. with liberty, we could afford a real babysitter instead of your brother. hey. oh. that's my robe. is it? you could save seven hundred eighty two dollars when liberty stands with you. liberty mutual insurance. hi, i'm the internet! you knoarmless bowling.lt? ahhhhhhhh! you know what's easy? building your website with godaddy. get your domain today and get a free trial of gocentral. build a better website in under an hour. chevy, chevy, chevy trucks. we think it's because chevrolets are the most dependable dependable dependable trucks. built to last a long long time. with durable durability and rugged ruggedness. i like the extra power hauling power maxi power!!! and quality. seems they make them strong extra strong mile after mile after mile. ♪chevrolet! kennedy: tesla doesn't have a theme song, but if it did, it would proba

that would be hugely important to tesla and the broader growth of the chinese market. quickly on craft beer, boom pushes a number of brewer over 2,000, what is interesting is that 27 pubs close every week. yes. interesting contradiction. those who have complained gordon brown did nothing when he was chancellor can thank him for this. beer is good but they are not drinking it in pubs any more. we are hearing the music which is the bell for last orders or the equivalent. good to see you, good to see you too, we will be back soon. have a good day. bye. good morning. it is a cloudy and damp start to the day for many of us, outbreaks of rain but the good news is that rain will clear away to the east, so there will be drier and brighter weather coming through later on, even some sunshine across northern and western area, the cloud and rain, is this weather system, it is moving eastwards, so this afternoon it might stay cloudy and damp in the far east of england things are improving for many of us except cornwall and west devon where murky conditions for the middle part of th

but he took a shot at tesla because obviously tesla promotes itself as a very socially responsible. and he's saying well how are you socially responsible if you're laying off tons of people and it was not making any money yeah but maybe we'll hear more from next maybe some of them next week thank you so much boom bust down to fifty. thanks for watching be sure to catch her bus on directv united states you can find us in the three to one if you miss us on direct t.v. on youtube youtube dot com. thanks for watching see you next time. it'll. give equal. how does it feel to be a sheriff the greatest job in the world this is close to being a king as in the. business model helps to run a prison now we do or don't know b.o.b. is a page from i don't know why we don't have to serve them anymore is. going to give a damn if you do. i'm not actually paying us to put a mark in. the louisiana incarceration rate is twice as high as the us sam bridge what she could is behind such success. here's what people have been saying about redacted and i suspect it's full on awesome the only show i go out of

the nasdaq was up 14 to 6605. >>> tesla fired hundreds of workers in the past week. the list includes engineers, managers, sales people. tesla ceo elan musk says there have been bottlenecks in the production of the model 3 car. >>> amazon is in full effect and looking to take on a nike, underarmor and lululemon. reports the online retailer is working with suppliers and manufacturers in the sportswear market. it's in the very early stages. they haven't signed long term contracts and only ordering small batches of products for a trial run. >> maybe a new outfit will motivate me to work out, thank you. >>> new details this morning on the damage from the north bay fire storms. state senator mike mcguire is tweeting damage estimates topping $3 billion. about two-thirds of the damage is for portions of unincorporated sonoma county. another third or $1 billion covers the extensive damage to santa rosa. mcguire tweeting, he expects those numbers to climb. >>> kari continues to track the weather as the fires continue to burn in the north bay. >> today will be a very warm day.

time now for a quick break and stick around because when we return the tesla brand faces a mom. star tax bill ever sees in that country telling the electorate we're going to find out my guest former u.s. attorney mr march elton talks movies and money has been ignored the power machine behind hollywood we take a look at how sex scandals are changing it as we go to break here are the numbers because. i think the average viewer just after watching a couple of segments understands that we're telling stories there are critics can't tell me you know why because their advertisers won't let them. in order to create change you have to be honest you have to tell the truth parties able to do that every story is built on going after the back story to what's really happening out there to the american what's happening when a corporation makes a pharmaceutical chills people when a company in the environmental business ends up polluting a river that causes cancer and other illnesses they put all the health risk all the dangers out to the american public those are stories that we tell every week

lisa, thank you. >>> tesla has big plans to expand in fremont. the company is renovating two office buildings on dunbarton circle that can accommodate more than a thousand workers. but the move will actually impact both fremont and newark. >> reporter: it's another bay area city undergoing a rapid transformation. >> i've seen a lot of buildings, a lot of construction, a lot of new homes. it gets me worried. >> reporter: and in fremont, martha martinez worries about her family being pushed out of her home. >> the rent is going to go up higher. a year ago we moved out because our rent increased $500 in a month. >> reporter: call it a sign of the times, perhaps the new normal, as companies such as tesla make plans to relocate or set up in the city. >> we're part of silicon. we're part of the region now. we're no longer the little city outside. >> reporter: change is coming to this part of dumbarton circle. renovations have begun on these two buildings that will eventually house tesla as the company makes plans to build beyond its current factory in

buy into stocks like amazon and tesla not the boring old value stocks. yvonne: he is not the only hedge fund manager that has been lamenting this. is he waving the white flag too soon, given the rotation we saw? we did see more buying into the value stocks like the financials, they're are up 15% in september alone. going the other way. perhaps he is speaking too soon breaking outelds to 2.4 percent. could be adding fuel to the fire in this bank rally. betty: i would be curious to hear what the godfather of investing has to say about this, warren buffett. meantime we have blowout earnings reports from major u.s. industrials. rallyeld the wall street along this tuesday. ramy inocencio at the wall with the latest on the markets. >> this is where we stood at the close for today. the big thing to remember is, the dow rose 168 points, up 0.7%. this is a new record. the s&p and nasdaq closed up 0.2%. not records, but continuing to climb we have seen this year. let's take a look inside the bloomberg terminal at the mmr function, the member-ranked return function

tesla's production market is already the highest. >>> tyler perry's "boo 2" was a box office winner. "boo 2" took in the most ticket sales. the geostorm finished a disappointing second followed by "happy death day." and justin timberlake is playing the super bowl halftime show again. ♪ this will be his third halftime show since the now infamous wards roeb function with janet jackson 14 years ago. anne-marie? >> i'm sure all items of clothing will check and triple checked before he takes the stage. diane king hall at the new york stock exchange. thanks a lot, diane. >> all right. >>> still ahead, the jfk files. secret documents on the kennedy assassination are due to be released this week, but will they put to rest the conspiracy theories. whoo! i got my money! hard to contain yourself, isn't it? uh huh! let it go! whoo! get a dollar-for-dollar match at the end of your first year. only from discover. bob jimmy dean day breakfast sandwich. the real eggs, sausage, and cheese fill him up with goodness, so he gives his umbrella to nancy, which makes hank smile, which makes everyone's ri

the united autoworkers union has filed an official complaint against tesla. it claims unfair labor practices on behalf of fired workers. reuters reports, tesla fired about 400 employees this month from its plant in fremont, including associates, team leaders and supervisors. in a state, tesla said performance reviews can result in promotions and occasionally departures. it denies trying to unionize the employees. a hearing is set for next month. >>> the stolen gun was used. now more on his revelations in court today. >> we learned from the testimony. number one, more than just a gun was stolen from that park ranger's suv. number two, the gun was fully loaded. it had seven bullets in the clip and one in the chamber ready to go. now, toward the end of his testimony, the defense asked him, quote, do you bear any responsibility for what happened on pier 14? the prosecution objected. the judge. said sustained. a tobacco a fully loaded handgun was placed on the floor behind the driver's seat. that's what park ranger testified in court today. when he came back from

tesla has big plans to expand and finds out that not everyone likes a bigfoot print. >>> but first a live look outside. >>> a neighborhood near the oakland coliseum is about to undergo a major transformation. the city broke ground yesterday on coliseum connections, a mixed income development in the shadow of the coliseum b.a.r.t. station. the transit-friendly station was 17 years in the making. oakland mayor libby shaff believes it's a sign of good things to come. >> this is a phenomenal neighborhood. east oakland is revitalizing. what better place to live than right next to a b.a.r.t. station? >> roughly half the homes will be designated as affordable housing. the city expects it to be ready for occupancy by the end of next year. >>> meteorologist lisa argen is here tracking our bay area forecast. >> that's right, sunrise about 30 minutes away. we're down to 41 degrees in santa rosa, 55 in hayward and mt. tam, beautiful shot. typical october weather. we'll get into a strong offshore flow tomorrow. today is cooler. tomorrow even cooler. i have a look at a very fall-like looking seven

thankfully the tesla gets around it. however, it was a whole different scenario that was caught on their rear facing dashcam. >> come on, you can't do that. come on. you can't -- >> oh! holy -- >> what a disaster. >> what are they doing? >> right, that was a massive close call. from this angle and the description that we have, it doesn't look like any of those cars connected. >> that is impressive the amount of cars and how quickly they had to maneuver around each other. >> super close call. could have been a lot worst. now, this, have some courtesy, have some awareness. these two bone heads thought it would be a good idea to start juggling their soccer ball over this small road. i'll give them credit, they're not bad. >> they're not bad because they are a spanish and a brazilian soccer player that was in this small russian town for a beach championship soccer match. if you want to get rid of them, two things. you can hold up yellow cards at them or you can touch them, they'll pullover. >> this video is captured by viral

time now for a quick break and stick around because when we return the tesla brand faces a mom. is it. we're going to find out. movies and money who can ignore the power of the hollywood take a look at how sex scandals are changing it as we go to break here are the numbers because. why would you put up. with your biggest fear. of a big moment the right. board to show you the. quarterback. that's. so simple. about your sudden passing i phone leatrice learned you were yourself and taken your last term. to you as we all knew it would i tell you i'm sorry. so i write these last words in hopes to put to rest that i never got off my chest. i remember when we first met my life turned on each. but then my feeling started change you talked about more like it was again still some more fun to view those that didn't like to question our arc and i secretly promised to never be like it's one does not leave a funeral the same as one enters mind it's consumed with this. speech there are no other takers. claimed that mainstream media has met its make. out of all the countries in the world promot

tesla. their african-american men who claimed they were routinely subject to racially offensive language in racist graffiti by supervisors and other employees. this is the second lawsuit against tesla that alleges racial harassment. a spokesperson denies the charges and said the men never complained while they were employed. >>> the board of supervisors will consider a ban on delivery robots on city sidewalks. several tech companies want to use robots to make deliveries but opponents argue that sidewalks should only be for people. supporters prepare -- compare to a law that prohibits bicycles. several companies have pushed for regulation instead of imposing a ban. it's unclear if the mayor would support the legislation if the board of supervisors approved the ordinance today. >> what do you think? >> it seems that it could definitely be dangerous, especially to elderly people. >> it's interesting. >>> let's see what sal sees . >> tot -- stop talking about me, pam. i'm not elderly let. -- i'm

another the profits come ,nvestors divided over tesla crowning elon musk a good buy for someone. this is bloomberg. ♪

the trades for tesla have naalled but they have a way to mage their losses, they'll explain how when "options action" returns. i think it's terrific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer, it was too late. td ameritrade's elite service team can handle your toughest questions right away- with volatility, it's all about your risk distribution. good to know. >>thanks, mike. we got your back kate. >>does he do that all the time? oh yeah, sometimes he pops out of the couch. help from real traders. only with td ameritrade.

tesla confirmed they were in talks to build a factory in shanghai. cnbc reached out to the company for comment, but has not heard back. >>> coming up on "today in the bay," check out google. the changes being made to make it easier to pay mgts. >>> ready for the holidays? the discount target is offering. >> you cannot only hide the presents, but people are up and at them this monday morning. a live look outside at fremont. a warm day ahead. how warm? we'll check with kari coming up. >>> good morning, i'm landon dowdy at cnbc world headquarters. wall street looks to extend last week's gains. the dow, nasdaq and s&p 500 closing at record highs as investors reacted to the senate passing a budget blueprint po pave the way for possible tax cuts, housing, gdp and the busiest week of earnings season with more than 170 companies set to report. the dow rose to 23,328 and nasdaq gaining 23 to 6629. google wants to make it easier to pay with google. use the preferred card you use for google play, youtube, chrome or android pay. it has a security code. no reason

. >>> on the "cbs moneywatch" tesla reportedly strikes a deal in china, and the super bowl brings back justin timberlake. diane king hall is at the new york stock exchange with the and more. good morning, diane? good morning, anne-marie. let's start with this. yesterday president trump warned house republicans that next year would be a political failure if they do not overhaul the tax code. the president's plan has been a boost to the market and to that end for the week. the dow gained 154 pointss, the s&p 500 added 21. that and the dow ended the week logging a fifth record close in a reand the nasdaq finished the week 22 points higher. >>> tesla has reached an agreement to build a factory from in china. they would be able to build it in china's free trade zone. it would c tesla's production market is already the highest. >>> tyler perry's "boo 2" was a box office winner. "boo 2" took in the most ticket sales. the geostorm finished a disappointing second followed by "happy death day." and justin timberlake is playing the super bowl halftime show again. ♪ this will be his third halfti

tesla was able to produce a few cars and more as expected and so all overall the stock of tesla also gained here in the tubes this action against court in new york thank you iran's economy is thirsting for investment and after signing the landmark nuclear deal with the west in twenty fifteen it looked like things could be improving for the second largest economy in the middle east but as the rhetoric between washington terror on has become fiercer recently bridging the gaps that they ran europe former forum has become easier. the annual conference brings together government officials from around with businessmen bankers from around discuss deals with colleagues from germany or denmark due to recent developments the europe iran forum appears more important than ever in this its fourth year we're lucky to have european ambassadors senior officials from the european union and other figures from the policy world here in this event and bring these two communities closer together iran's political and economic ties with the west have been strained since donald trump became us president. the

this is the second lawsuit against tesla that alleges racial antagonism. a spokesman denies the charges and said they never complained while they were employed.>>> san jose city council will consider new rules requiring gun owners to lock up their weapons were not at home. it will go further than statewide gun control measures passed by lawmakers last year requiring gun owners to place their firearms in lot boxes left in vehicles and to report theft of guns to replete took -- to police within 48 hours. they will discuss it tomorrow night.>>> senate majority leader mitch mcconnell met with trump at the white house today. among the issues on the agenda was tax reform. something republicans say is a top priority. john roberts has the story.>> reporter: not long ago president trump said he was disappointed with mitch mcconnell. that was after he accused the president of having excessive expectations for what is possible in congress. today it was a cone by yacht moment. >> we have been friends for a long time. we are probably closer than ever before. the relati

thankfully the tesla gets around it. however, it was a whole different scenario that was caught on their rear facing dashcam. >> come on, you can't do that. come on. you can't -- >> oh! holy -- >> what a disaster. >> what are they doing? >> right, that was a massive close call. from this angle and the description that we have, it doesn't look like any of those cars connected. >> that is impressive the amount of cars and how quickly they had to maneuver around each other. >> super close call. could have been a lot worst. now, this, have some courtesy, have some awareness. these two bone heads thought it would be a good idea to start juggling their soccer ball over this small road. i'll give them credit, they're not bad. >> they're not bad because they are a spanish and a brazilian soccer player that was in this small russian town for a beach championship soccer match. if you want to get rid of them, two things. you can hold up yellow cards at them or you can touch them, they'll pullover. >> this video is captured by viral

time now for a quick break and stick around because when we return the tesla brand faces a mom. tax bill overseas is a punishment telling the electorate we're going to find out my guest former u.s. attorney commissioner bart chilton talks movies and money who can ignore the power sheen behind all what we take a look at how sex scandals are changing it as we go to break here are the numbers because. as you know with years you know you go into you going to church on easter those are the you know mr wolf that is going. to go into other things are true that in the interim that the that the. two of you are you really do believe both will do the blows the glad i wish to god but not the number that i can relate to the other take a look. at your mom got up out of the wind down. in the state you know and he's not a strong room of the room the truth. is. he and. somewhere. we all willingly accepted the real sick of being shot wounded taken prisoner but no signed up to be poisoned by our own people that was leaked or biological and chemical products said do not truck tires all types of sty

tesla said to customers it has not received reports of issues oi’ has not received reports of issues or accidents relating to the problem and they are making the changes as a preventative measure. another potential security issue emerged after the company revealed a data breach. 145 million people work on most. for more, i'mjoined by timothy mcdonald and the problems of equifax are indeed piling up. that is right, this particular security issue not a huge deal. the market didn't take it that seriously. they got a didn't take it that seriously. they gota rap didn't take it that seriously. they got a rap over the knuckles from investors and closed down around 1.596. investors and closed down around 1.5%. really, the issue is that equifax has form. as a credit agency, its sitting on a mountain of data. that makes people particularly sensitive when there is a security issue. voluntarily, it's the cost of having a credit card or loan. the credit card people are issuers. they keep it on files they can assess your creditworthiness later. it is not really information we give up happily. it i

time now for a quick break and stick around because when we return the tesla brand faces a mom. star tax bill overseas is a punishment telling the electorate we're going to find out my guest former u.s. attorney mr maher chilton talks movies and money who can ignore the power of the t.v. i nollywood we take a look at how sex scandals are changing it as we go to break here are the numbers because our. financial survival guide told fox news i promise you. almost find. a celeb some of my age in the future so crocker was kind of. i mean always gives you know you go into you as you go into the third shows are those are the you know mr welch for this job. to go into another of those other three that in the term that the that the. two of you are you really do believe all of these books are glad i wish had gone but the number that at the end seems nobody can take a look. at your mom got up out of that one down because you know i was going to call in the state of the impulse. not a strong room of the room the truth. of. who he is. somewhere. we all willingly accepted the risk of being sh

google, tesla and others top the list. missing is amazon and uber. >>> could the stanford cardinal win without its best player? i'm dennis o'donnell. marshawn lynch decides to play for another football team. that story straight ahead. you can e- ton to but first, what's cool about your school? email your nomination to us at coolschools@kp ix.com, and we may feature your school on the thursday morning show. play o' the day from the cbs eye on the community... presented by target. food has the power to transform lives. with the help of target, the san francisco marin food bank addresses hunger head-on in the community. our food pantries are vibrant. people feel welcomed, and they're being respected. it helps our team members see the work that they do in the store every day... how that actually relates to their communities. cbs eye on the community is sponsored by target. i am a first responder tor and i'emergencies 24 hours a day, everyday of the year. my children and my family are on my mind when i'm working all the time. m

. >>> a major expansion for tesla. they are leasing office space in fremont. kris sanchez is live with job that is could come with it. good morning, kris. >> reporter: good morning. we are talking enough office space for about 1,000 employees which would be good news for fremont. these are the properties we are talking about here. two office buildings on dumbarton circle according to alameda records. 200,000 square feet total. on the map, there's 11 miles from the tesla factory off 880 where we are this morning and not far from the palo alto headquarters. the factory already employs a lot of folks in fremont. the story broke following a paper trail from readying those buildings for use. we were intrigued and reached out to tesla and the development firm, but we haven't heard back. we will keep trying this morning. the good news is more jobs here at tesla mean more money for the local economy. the bad news, as we reported in a couple weeks, this stretch of i-880 is the worst commute in the bay area. with the good comes, perhaps a little not so good. kris sanche

billions, ford everybody is coming after tesla. >> okay. >> tesla's got finite production. >> gravity will strike tesla before amazon, that's basically what you're saying. >> i'm interpreting what everybody else is saying. >> do you agree with that? >> i think tesla is a 35% correction waiting to happen when somebody says bmw and gm with just as advanced. >> that's where i disagree with you. 35% won't be where it stops. it's going to go a lot lower. >> you're saying amazon is going to eventually succumb to gravity as well? >> no, i'm saying in order for it to come back to reality, in other words, we're giving this remarkable company, i agree with it, an incredible window now for over a decade where it doesn't have to make money or pay taxes and go out and crush everybody. >> it does pay tax it does make money. >> kevin, if i were to focus on one point that you've made where we differ is that for amazon this is the reality. >> but saying it's different this time. grown men weep saying that. >> first of all, it's different every single time. it's never not different. >> i'll put that st

tesla striking a deal in cnahi and the stock that's next on "power lunch." from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and. yeah, i got some financialbody guidance a while ago. how'd that go? he kept spelling my name with an 'i' but it's bryan with a 'y.' yeah, since birth. that drives me crazy. yes. it's on all your email. yes. they should know this? yeah. the guy was my brother-in-law. that's ridiculous. well, i happen to know some people. do they listen? what? they're amazing listeners. nice. guidance from professionals who take their time to get to know you. >>> hedge fund manager bill browder, a prominent critic of vladimir putin pushed for u.s. sanctions against russia is now being banned from entering the u.s. this comes after russia succeeded in placing him on an interpol wanted list after four previous tries you may recall browder's tax lawyer in russia, sergei magnitsky was taken in on what bro

but he took a shot at tesla because obviously tesla promotes itself as a very socially responsible. and he's saying well how are you socially responsible if you're laying off tons of people on his own not making any money yeah but maybe we'll hear more from next maybe some of them next week thank you so much from bus. thanks for watching be sure to catch him bus on directv united states you can find us on the r t channel three two one if you miss us on directv us on youtube youtube dot com slash. thanks for watching see you next time. mark so it's your job. to. see that what america is so divided. by corporate interests beat you down until you. we leave their fairy tales well here's a story for you it's called big and it's full of facts not fiction history. our culture is awash in lives dominated by streams of never ending electronic hallucinations that emerged fiction until they are indistinguishable we have become the most deluded society on politics as a species of endless and needless to little computer politicians more than just celebrity are two ruling parties are in reality o

mastercard, pfizer, under armour, apple, starbucks, and tesla. which should you buy let's get in the money dan is looking at a sleeper pick >> if you think about earnings season, it started off with bank stocks we moved into industrials last

tesla says the timing of the new claims is notable. the company is still in the midst of a lawsuit brought by a former employee who alleged that women experience unwanted and pervasive harassment. tesla has also been in the news since late last week after the company fired hundreds of staff in the united states. any of the laid-off employees say the firings have nothing to do with issues of performance. is swiss investor marc faber facing a strong backlash for his latest newsletter. in it, the man nicknamed "dr. doom" thank god white people populate america and not the blacks. faber was made famous by his appearances on business news channels. his newsletter also claimed america would look like zimbabwe had it been colonized by blacks. cnbc news and bloomberg have both decided they will no longer be booking marc faber. despite the backlash, the asia-based investor is sticking to his guns, saying if stating historical facts makes me a racist, i suppose that i am. not to another billionaire investor of a different kind. nearly $18ransfer

. >>> looking for tesla expands in the bay area. we'll show you where the new office space could be. >>> plus. >> do you know what this represents? maybe it's the calm before the storm. >> the calm before the storm. confusing words from the commander in chief during a military meeting. the questions that are being asked right now. >>> on this friday morning where slightly lower after president trump made comments about coming storm. then we have employment numbers showing that the american economy actually lost jobs for the first time since 2010. >>> well, major expansion for tesla could be on the horizon as the car maker leases office space for 1,000 more workers. on this map you can see two properties which are about 11 miles from the factory on 880. broke this story following the paper trail from the public documents to the development firm read inc. those buildings. we also have reached out to tesla lan the development firm, but have not heard back yet. >>> well, if you are wondering what it cost to build a modern day spaceship,

tonight on "fast," tesla is nearing a bear market, 8% from its 52-week high it could be flashing a major buy sign plus a slew of stocks reporting earnings next week one name the chart master says is gearing up for a breakout we'll tell you who is in the lead to win the coveted fed chair seat >>> first, the nasdaq hitting a record high as big tech goes parabolic, $151 billion added. amazon, alphabet, microsoft, and intel, their stocks are soaring. next week, apple and facebook report their earnings. can you expect more of the same? and will these giants turbo charge the tech rally, guys? >> it will be harder for a company like facebook, for example, to do what a microsoft did today or an intel did today

this comes after hundreds of layoffs at tesla, in fact, tesla says it's letting poorer performers go, both at tesla and it's solar city. uber, an yauber credit card. gives you money back on purchases and then you can dump that money into your uber kkts and kbruz it for free rides. now, that's what you get out of it. what uber gets is even more data about you, right? not only will it know you like to be dropped off say a certain bar on a friday night, it'll know how much you spent there before they pick you back up. back to you. >> oh, thanks, scott. >>> well continuing coverage now of our story, scott mcgrew first reported on today in the bay wednesday morning. we're talking about the amazon key, it's the company's way of et willing you unlock your door remotely to let the delivery person inside your home. this can only be used one. the reaction from many has been one of concern, of course over the safety. >>> sales of new homes in the u.s. have soared to the highest level in a decade. the commerce department says new home sales jumped 18.9% in september to adjust to 667,000. that's t