ashlee: i think elon called that aspirational. elon terms isn even more dramatic for other people. it is a huge bar. not only do you have to prove that these things can sit in your head for a long period of time, which has been a huge question and what has slowed down the science, that your brain rejects these probes. your brain moves and disrupts them, but then you have to prove that this can actually do something therapeutic. like you were saying, yes, we can read these signals and we know something about what's going on, but can you actually translate that into someone who is paralyzed, or that has parkinson's, or that has lost their sight. this is a huge open question where you would have to do trials and find out. if they get the fda trials next year, that would be a miracle, i think. emily: talk to us about the bigger vision that musk has that is fascinating but frightening , as always with elon musk, that humans have some sort of mbiosis withy ai, coming from a guy who said we should all be afraid of the ai apocalypse. >> that is a hard one to square. onstage at the event la

ashlee: i think elon called that aspirational. aspirational in elon terms is usually even more dramatic for other people. it is a huge bar. not only do you have to prove that these things can sit in your your head for a long period of time, which has been a huge question and what has slowed down the science, that your brain rejects these probes. your brain moves and disrupts them, but then you have to prove that this can actually do something therapeutic. like you were saying, yes, we can read these signals and we know something about what's going on, but can you actually translate that into someone who is paralyzed, or that has parkinson's, or that has lost their sight. this is a huge open question where you would have to do trials and find out. if they get the fda trials next year, that would be a miracle, i think. emily: talk to us about the bigger vision that musk has that is fascinating but frightening, as always with elon musk, that humans have some sort of symbiosis with ai, coming from a guy who said we should all be afrai

and elon musk, being elon musk just let the monkey out of the , bag, i guess. the whole team was standing behind him, they were shocked. i'm sure they were planning to announce this down the road. there are these huge questions. it is like ok you can do this on , a rodent, but what happens when you get to a primate, when you get to a human? we know now that they are farther along than we thought. and to be doing this after two and a half years is pretty impressive. emily: so, how realistic is it to think that they could get approvals from the fda for human trials early next year? ashlee: i mean, you know, i think elon called that aspirational. aspirational in elon terms is usually even more dramatic for other people. i mean it is a huge bar. , not only do you have to prove that these things can sit in your head for a long period of time, which has been a huge question. that has really been what has slowed down the science, that your brain rejects these probes. your brain moves and disrupts them, but then you have to prove that this can actually do something the

ashlee: i think elon called that aspirational. even in elon terms its even more dramatic for other people. it is a huge bar. not only do you have to prove that this thing can sit in your head for a long period of time, which has been a huge question and what has slowed down the science, that your brain rejects these probes. then you have to prove that this can actually do something therapeutic. like you were saying, yes, we can read these signals and we know something about what's going on, but can you actually translate that into someone who is paralyzed, or that has parkinson's, for that has lost their sight. this is a huge open question where you would have to do trials and find out. if they get the fda trials next year, that would be a miracle, i think. emily: talk to us about the k has thation that mus is fascinating but frightening that humans have some sort of symbiosis coming from a guy who said we should all be afraid of the ai apocalypse. >> that is a hard one to square. onstage at the event last night, his argument was

ashlee: i think elon called that aspirational. even in elon terms its even more dramatic for other people. it is a huge bar. not only do you have to prove that this thing can sit in your head for a long period of time, which has been a huge question and what has slowed down the science, that your brain rejects these probes. then you have to prove that this can actually do something therapeutic. like you were saying, yes, we can read these signals and we know something about what's going on, but can you actually translate that into someone who is paralyzed, or that has parkinson's, for that has lost their sight. this is a huge open question where you would have to do trials and find out. if they get the fda trials next year, that would be a miracle, i think. emily: talk to us about the bigger vision that musk has that is fascinating but frightening that humans have some sort of symbiosis coming from a guy who said we should all be afraid of the ai apocalypse. >> that is a hard one to square. onstage at the event last night, his arg

elon being elon just kind of let the monkey out of the bag. the whole theater standing shocked.on was i'm sure they were planning to let this out down the road. there were these huge questions like you can do this to a rodent, but what happens when you get to a primate, when you get to a human? we know now they are farther along than we thought and to be doing this after two and a half years is actually pretty impressive. emily: how realistic is it to think they could get approval for human trials early next year? >> i think elon called that aspirational. aspirational in elon's terms is even more dramatic for other people. it is a huge bar because not only do you have to prove these things considered your hand for a long he would of time, which has been a huge question -- what has slowed down a lot of the sciences that your brain moves and disrupts these probes, but then you can do something therapeutic. can you were saying, we read the signals and know what is going on, but can you actually translate that into something that helps someone who

.>> has elon musk created a medical miracle? the brain implant he said can help stroke victims and quadriplegics. >>> that evening. in tonight for ken. a billionaire and the son of one both in san francisco tonight holding dueling campaign events in the 2020 race. the newest democratic hopeful, tom stier hit up the mission district while joe vazquez caught donald trump junior and an old money part of town.>> reporter: it was a fundraiser for the president in this posh residence on hill. the main gas was the presidents own son donald trump junior . >> wonderful day back in san francisco. >> he attended with his girlfriend who is of course the former first lady of san francisco now governor newsom's ex-wife. they left the event without taking questions. we are told by attendees that they both spoke at the fundraiser hosted by prominent san francisco socialite didi willsey and attendees say there were about 50 or so people in the room. we asked some of the donors what they thought of the presidents recent remarks telling some membe

.>> has elon musk created a medical miracle? the brain implant he said can help stroke victims and quadriplegics. >>> that evening. in tonight for ken. a billionaire and the son of one both in san francisco tonight holding dueling campaign events in the 2020 race. the newest democratic hopeful, tom stier hit up the mission district while joe vazquez caught donald trump junior and an old money part of town.>> reporter: it was a fundraiser residence on hill. the main gas was the presidents own son donald trump junior . >> wonderl insan htendedth hi girlfriend who sawith taking questions. we are told by attendees that they both spoke at the fundraiser hosted by prominent san francisco socialite didi willsey and attendees say there were about 50 or so people in the room. we asked some of the donors what they thought of the presidents recent remarks telling some members of congress to go back to their home countries. statements that have been criticized for being racist. >> i think it is controversy that is not worth discussing. peop

straubel, who has really been with the company all the way from the beginning, basically elon musk's right-hand man, he is moving into an advisory capacity he will step aside as chief technology officer so for tesla bulls out there, they're looking at this and saying, look, they're reaffirming guidance, but carl, you've got to look at these automotive gross margins and you can't underestimate the importance of j.b. straubel. even though he will still be an adviser at the company, he will not be the chief technology officer. carl >> phil, thanks so much. good picture of the quarter. we'll talk about it in a moment. but i do want to get to bertha coombs at the nasdaq and the opening of this new ipo. >> we just had livongo open for trade, the stock price at $28 a share. that was above the initial range of $20 to $23. just opened up 45% above $41 a share. that's going to give them a valuation today of about $2.8 billion or so, give or take a few hundred thousand dollars this is a company that does digital health management. they are famous for helping people manage their diabetes in fact

and elon musk wants to merge human brains with computers by next year. we will have the details on his latest venture. startedet's get you with a quick check of the markets. the s&p 500 falling for a second consecutive session, industrials leading the decline lower. it is now below the 3000 level. of earningsed bag and lingering trade tensions between the u.s. and china that are dampening sentiment. the dow was also down .2%. the dow transportation average is also seeking to five-month lows, and we follow that index to gauge economic performance around the world. we will get another snapshot in about half an hour when we get the fed beige book. in the meantime, we are getting some numbers out of europe with car sales again dropping. in fact, the biggest drop of the year, when you take up a look -- take a look at the month of june. we could be heading for a second consecutive year of declines, amber. amber: and we have certainly seen that from a number of automakers, who have lamented that very fact. you mentioned a moment ago bank of america -- let's tak

sprinting higher, the s&p up 16 points and sitting just four points shy of the 3000 now let's go to elon moy with the fed minutes. >> the members agree the risk to the outlook had intensified as of the june meeting and that many members believed additional accommodation could be warranted if uncertainty to the outlook continued. that view was shared by the broader group of fed participants many felt the balance of risk was now weighted to the down side there also appears to have been a very robust discussion of the arguments for a rate cut in the near-term. some felt that a cut could be justified to cushion the economy against future adverse shocks. some felt that a cut could be w warranted in order to shore up inflation expectations and a couple participants -- james bullard, one of them, wanted to acut rates to allay concerns about inflation the minutes show officials felt the increase in uncertainty was a relatively recent phenomenon and there had been staff discussion about the sensitivity of markets to the trade fights with mexico and several officials felt they wanted to wait for m

it is always an adventure with elon. i got to go to the neuralink offices and several of their laboratories before the event. i actually saw a mouse that had gone through the procedure that elon is talking about. they drill this small hole in the skull of the mouse that i saw, then they have a computer chip at the top, then they call these wires threads pact with electrodes that go into the brain. for humans, it would be the same thing with the first human patients they want to drill for holes into your skull, then you would have a device that connects to the device behind your ear. ist device behind your year like your iphone app.. reads your thoughts. -- app. it basically reads your thoughts. they: how do they know what rat is thinking or that they are recording what the rat is thinking is indeed what the rat is thinking? neuro: that is well-known science. people have been monitoring animal trains and human brains for many decades. what they are really tracking is these electrical impulses that happen in your brain. it

how big is it for the outside shareholder to criticize elon musk? >> he has done this three times now in a year. you heard him reference in his conference a year ago, he used the phrase peace and execution as something he would like to see out of tesla. this was just after elon had made headlines for calling the cave diver in thailand a pedophile. and going after analysts on an earnings call. to his credit, tesla managed that. they had a great second half of last year. they got the model three going. but they did not have peace. it was just a few weeks later that he tweeted that he was considering taking the company private. unpacking what he said yesterday, he talked about setting these potential unrealistic targets. and setting precise deadlines for them. he very much has done that. he talked about the idea that there will be one million self driving teslas on the road by next year. he has had the sudden shifts and approaches to policy at tesla. -- most notably the retail approach. he suddenly set we are going to close on most all of our stores. w

elon musk is brilliant. but when people start to freak out they have a lot of debt. , and they have billions in debt due, some of it is convertible and could get paid off, but if all of a sudden the street looks , at the downside reasons to fear tesla rather than being optimistic, the stock will get pounded pretty hard. caroline: coming up, half of the year is already in the bag and we have seen 22 tech companies hit the public market. will the momentum continue? we discuss. this is bloomberg. ♪ caroline: 2019 has been quite the year for tech ipos with big names going public. but there is a significant shadow or two hanging over these newly traded companies. both google and amazon have a significant hold in a number of the tech companies that hit public market. on monday, we spoke about the interesting story. >> lyft spent $90 million on google ads in a single year. last year. those people went to an apple app,tore, downloaded the and when they opened it, google apps was powering the maps behind it. all of

is it elon musk's tweets? is it profitability? is it the fact that they need to go out and raise more cash? is it demand headwinds? what do you see as the biggest left-side tail risk event? >> probably two things. one is just general economic risk, and that applies to any company, really, in any industry, just the business cycle. we are late cycle for auto sales, for example. but that's a new product. but the other point would be a bigger, longer term happening of what happened in late may and early june when the sentiment and the fear started to get into this name. this is a name that's always traded more on option value and what is it going to look like in 2025 and 2030? and elon is awesome and all that and a brilliant guy. but when all of a sudden people start to freak out and say oh, they actually have a lot of debt -- and they have about $3 billion in debt due between now and 2022, some of it is convertible so it could get paid off, but if all of a sudden the street looks at more of the downside reasons to fear tesla rather t

and also jeff be so's with space x and elon musk. he may be more of the celebrity type although jeff has three working rocket designs. than the one that puts people into orbit and then the armstrong and that's what you could carry interplanetary to the moon or elsewhere. so this is very exciting. do you know robert bigelow? and in 2001 he invited a group of 15 or 20 space geeks here to las vegas and said he made a billion dollars in his hotels and that i will spend half of that on private space stations and i want to make sure i don't run afoul. so we had two or three days to talk about how to do that and of course what he came up with was right up the road here in las vegas are these inflatable modules which he hopes to use as orbiting hotels honeymoon suites and i moon base and what is interesting he set up with these modules now there is a test module on the international space station if you can't beat them join them so nasa contracted out to end up on the station is very exciting. so to talk about mars elon musk said famously i

it has always been elon is awesome. he is a brilliant guy, but if all of a sudden, they start to freak out and say look at the debt. it could get paid off, but if all the sudden the street looks at the more downside reasons to fear tesla rather than be optimistic about tesla, the stock will get pounded pretty hard. caroline: coming up half of the , year is already in the bag and we have seen 22 tech companies hit the public market. will the momentum continue? we discuss. this is bloomberg. ♪ caroline: 2019 has been a big quite the year for tech ipos but there has been a shadow hanging two hanging over newly traded companies. there is a significant shadow hanging over these newly traded companies that have hit the market. -- companies. google and amazon have a significant hold on many tech companies that have hit the market. on monday, we spoke with our guests about this. >> lyft spent $90 million on google ads in a single year. those people went to an apple app store and downloaded the lyft app and google maps was pow

new york times, elon musk taking baby steps to wiring brains to the internet. explain this. elon musk is a pioneer of all things new in the field of technology and he is identifying it should be perfectly possible, as has already been demonstrated, you could have a small touch on your head that allows signals to be downloaded into your brain, allows your brain to communicate with other parts of the body. fabulously useful for disabled people, people who have to deal with prosthetic limbs. elon musk is saying we might be able to download languages. fascinating! the mind boggles. bye—bye. the weather turns more unsettled from today onwards. quite a bit of rain in the forecast, welcome rain for sun rain in the forecast, welcome rain forsun in the rain in the forecast, welcome rain for sun in the south—east. it will move on from the west today but further east still sunny spells. this mass of cloud here, that is the rain bearing weather system moving in you can see the weather fronts bringing the rain mainly across parts of northern ireland and it will continue to move east.

it has always been that elon is awesome and everything. but when people start to think, they have a lot of debt. once the street looks at the downside reasons to fear tesla rather than being optimistic, the stock will get pounded pretty hard. taylor: wonderful roundtable dissecting all things tesla. thank you to david, max, and craig for joining me. bitcoin resumed its fall today before stabilizing around $10,000. we speak with the billionaire investor about the slump,. --. this is bloomberg. ♪ taylor: bitcoin stabilized at around the $10,000 level after a selloff erased much of the monster gain from last week. meanwhile, a battle over bitcoin has erupted on twitter. bloomberg's rishaad salamat caught up with both in taipei. >> it has been around for 10 years. what are the killer apps in this space? there are none. crypto, casino games. rishaad: he was questioning your finances and you got rather fragrant with him, didn't you? >> he's a hater. he's a no-coiner. someone who doesn't have any bitcoin and watched the price rocket in their fa

it has always been that elon is awesome and everything. but when people start to think, they have a lot of debt. once the street looks at the downside reasons to fear tesla rather than being optimistic, the stock will get pounded pretty hard. taylor: wonderful roundtable dissecting all things tesla. david, max, and craig for joining me. bitcoin resumed its phone today before stabilizing around -- resumed its fall today before stabilizing around $10,000. this is bloomberg. ♪ stabilized atn around the $10,000 level after a selloff erased much of the monster gain from last week. meanwhile, a battle over bitcoin has erupted on twitter. bloomberg's rishaad salamat con up with both in taipei. >> it has been around for 10 years. what are the killer apps in this space? there are none. games. casino rishaad: he was questioning your finances and you got rather frightened -- rather fragrant with him, didn't you? >> he's a hater. he's a no-coiner. someone who doesn't have any bitcoin and watched the price rocket in their face. rishaad: a bit harsh,

it has always been that elon is awesome and everything. but when people start to think, they have a lot of debt. and they have billions in debt due, some of it is convertible could get paid off, but if all of a sudden the street looks at the downside reasons to fear tesla rather than being optimistic, the stock will get pounded pretty hard. caroline: coming up, half of the year is already in the bag and we have seen 22 tech companies hit the public market. will the momentum continue? we discuss. this is bloomberg. ♪ caroline: 2019 has been quite the year for tech ipos with big names going public. but there is a significant shadow or two hanging over these newly traded companies. both google and amazon have a significant hold in a number of companies that hit public market. about the we spoke interesting story. spent $90 million on google ads in a single year. those people went to an apple app store, download the, and when they opened it, google apps was powering the maps behind it. all of this was posted on amazon servers which has a $30

this is what needs to happen with rockets. >> elon musk is it not the only billionaire thinking big. richard branson's gall actic for commercial space flights for tourists and amazon has blue origin in hopes of building space colonies. >> i think it's good what he's doing. >> and musk isn't only thinking big, he's thinking fast. >> regular trips to the space station. >> to launch a crew to the space station my guess is about six months. >> how about the moon? >> this is going to sound pretty crazy but certainly with an uncrewed vehicle i believe he could land on the moon in two years. >> but always on his horizon, the planet mars. >> sending crews to mars in four years sounds pretty doable. internally we'd aim for two years and reality might be four. >> one day he even imagines cities on the red planet. >> to have a self-sustaining city, how you going to get a million tonnes to mars. >> that's serious pay load. >> yeah. >> in the long run no telling what lies ahead for inhabitants of our planet earth but elon musk says he wants to humanity to survive wherever we make our home. >> you

host: elon musk's name coming up when you think of space. who are the astronauts or people who have top name recognition and what about these billionaires like elon musk and jeff bezos and their attempts to get to space? guest: i wonder if he has seen our pole. basically ask a series of questions on familiarity with astronauts and non-astronauts and individuals linked to space exploration. number 1 and 2 are neil armstrong and buzz aldrin. less known, mark kelly, a more recent astronaut superstar. all fairly well known, but especially that first moonwalk burned into the american imagination. 52%. at 57% and musk at cognitively,st that cognitive map americans are, cognitive figures there front and center. host: you mentioned privatization versus government involvement. the trump administration wants to get back by 2024. this initiative to create a space force. i want to show our viewers what the president had to say in february announcing this directive to create a u.s. space force. [video clip] >> america must be fully equipped to protect ou

elon musk's star link program plans to propel 12,000 into orbit. jeff bezos's company has asked the fcc's to approve 3200. and another company oneweb wants , to launch a month by the goal september. is to bring broadband access to the roughly 4 billion people on earth who don't yet have it. >> going forward, access to broadband is going to be close to being a fundamental human need. goal may seemhat noble, these satellites are designed to fly lower, it living to number is concerned it will interfere with the observation of distant galaxies. then there is the cost. the first string of satellites cost $1 million each to produce, they cost as much as $16.5 million just for space x to launch 60 satellites into orbit. still, investors are rocketing forward. $1.7 billion was invested in space companies in this year 's first quarter alone, according to the vc firm, space angels, and that is double the amount invested a quarter earlier. with satellites, the space economy, so to speak, appears ready for takeoff. we continue our look with one of satellites c

is this good news for elon musk? >> any time you blow estimates out of the water you have to look at it as a win. coming into the end of this quarter, you had sort of two concerns, one with demand and the other logistics. could tesla literally get these cars to people in a timely and cost-effective manner? on the logistics piece they are performing well despite some acknowledged difficulties. on the demand side, as craig says, the real question is what happens in the long run. you obviously have consumers in the u.s. are rushing to buy these model threes and take advantage of the tax incentive. that will shrink. you also have people not buying more expensive cars. we don't know how this will shake out. tesla is still a relatively new brand. it will be interesting to see what happens if and when they refresh these luxury lines. that could be just the thing that causes people who are model three buyers to want to trade up. >> that tax credit, as it shrinks, how much of a headwind was that this quarter -- i should say t

. >>> why the brother of infamous drug lord pablo escobar maybe hurling a legal fireball at elon musk. >>> and the weather department, it is warming up as we head into the weekend. yet there is relief and size, we will have a complete forecast when we come back. in >>> new at 6, many brick and mortar stores, malls across the country are struggling. but in the south bay, a company is spending hundreds of millions of dollars on what they hope will be the mall of the future. devin fehely explains. >> reporter: if you are like most people you are probably buying more and more of the things you want and need online, and that trend has definitely hurt some brick and mortar stores any people thought that malls might soon share that fate. but, valley fair mall behind me is making a $1 million investment, and some with a gamble, on the future of retail shopping. once complete, the $1.1 billion renovation will feature more than 100 new stores and more than 2 million square feet of retail. making valley fair mall the largest mall anywhere in northern california. >> i think it is interesting they

roberto escobar is suing elon musk claiming he stole his flamethrower idea. after meeting with one of his engineers a couple of years ago, you can see the similarities, both are being sold online. today, must responded to the controversy and sarcastically tweeted it is not a flamethrower mr. mr. escobar. >>> a company known for using hundreds of high tech robot is now investing in the exact opposite. >>> forget robot amazon says it is investing in its human workforce. >> it wants to spend $700 million to train 100,000 workers with new tech skills. the idea is to help them move into higher-paying jobs. a different move because in recent years amazon has invested tons of money and robotics. maybe a trend? we will see. >>> thank you for watching at 7. >> will be back at 11 for more news. in the meantime kpix.com. ia's. the romeros. patels. the wahh-the-wahh wolanske's. right. no one is going to have internet like this. xfinity makes keeping up with the joneses simple. easy. awesome. want gig-speed internet? we've got you covered. or check out our other amazing s

elon musk's star link program plans to propel 12,000 into orbit. jeff bezos' project kuiper has asked the fcc to approve 3200. and another company, oneweb wants to launch 30 satellites a month by september. the goal for most of these devices, to bring broadband access to the roughly 4 billion people on earth who don't yet have it. >> i think you can see going forward but internet -- access to broadband is going to be close to being a fundamental human need. emily: while that goal may seem noble, these satellites are designed to fly lower, living -- leaving astronomers concerned it will interfere with the observation of distant galaxies. and then there is the cost. the first string of satellites cost nearly $1 million each to produce. they cost as much as $16.5 million just for spacex to launch 60 satellites into orbit. still, investors are rocketing forward. $1.7 billion was invested into space companies in the first quarter of this year alone, according to the vc firm space angels. that is double the amount invested a quarter earlier. with satelli

elon, we love talking about elon musk, is clearing a major pothole with tesla's second quarter delivery numbers but dan ives is warning the ride ahead is anything but smooth. the tech insider heading into our set right now. he's doing that nice strut down the hallway. the sinkholes he still sees in tesla's road. plus his latest call on uber's lyft -- uber/lyft race. that's going to be next. "countdown" will be right back. r to invest in all the things that move us forward. every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ wanna take your xfi now you can with xfi advantage. giving you enhanced performance and protection. when devices are connected to your home's wifi, they're protected. helping keep outsiders from getting inside. and if someone tries, we'll let you know. so you can stream, surf and game all you want, with confidence you can get coverage where you need it most. that's xfi advantage. make your xfi even better. upgrade today. call, click o

elon musk's star link program plans to propel 12,000 into orbit. jeff bezos' project kuiper has asked the fcc's to approve 3200. and another company, oneweb wants to launch a month by -- launch 30 satellites a month by september. the goal is to bring broadband access to the roughly 4 billion people on earth who don't yet have it. >> i think you can see going forward, internet to -- access to broadband is going to be close to being a fundamental human need. emily: while that goal may seem noble, these satellites are designed to fly lower, living astronomers concerned it will interfere with the observation of distant galaxies. then there is the cost. the first string of satellites cost $1 million each to produce, they cost as much as $16.5 million just for spacex to launch 60 satellites into orbit. still, investors are rocketing forward. $1.7 billion was invested into space companies in this year's first quarter alone, according to the vc firm space angels. that is double the amount invested a quarter earlier. with satellites, the space economy, so t

said, elon musk has people see the satellite 0% of the time. what about concerns about space pollution? adrian: the most important thing is collisions and be responsible. our satellites are at a higher altitude, 1200 kilometers versus theirs, 550. hours are not visible. the other thing you have to pay attention to -- ours are not visible. we want to make sure the satellite disintegrates when it comes back into the atmosphere so you do not harm anyone. if we get into a collision on the street with our car, we walk away from that. if you get satellites colliding up there, they will fragment and pollute the area. it is very important to be responsible in space. that does it for this edition of "best of bloomberg technology," we will bring you the latest in tech throughout the week. tune in every day. we are livestreaming on twitter. check us out and follow our global breaking news network on twitter. this is bloomberg. ♪ jonathan: from new york city for our audience worldwide, i'm jonathan ferro. bloomberg "real yield" starts right now. ♪ comi

the eccentric billionaire elon musk rolling out his plan to connect your brain to something he calls neweurolink? what is that? find out next on "the claman countdown." >> if someone has broken their neck, broken their spine, we can solve that with a chip. this is something that i think most people don't quite understand yet. from fidelity. a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity. you need decision tech. my body is truly powerful. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for people with type 2 diabetes. it's not insulin. i take it once a week. it starts acting in my body from the first dose. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call you

is this good news for elon musk? >> any time you blow estimates out of the water you have to look at it as a win. coming into the emd of this quarter you had concerns with demand and logistics. could tesla literally get these cars to people in a timely and cost-effective manner? on the logistics piece they are performing well despite some acknowledged the difficulties. acknowledged difficulties. the question is what happens in the long run. consumers in the u.s. are rushing to buy these model threes and take advantage of the tax incentive. also have people not buying more expensive cars. we don't know how this will shake out. tesla is still a relatively new brand. it will be interesting to see what happens if and when they refresh these luxury lines. that could be just the thing that causes people who are model three buyers to want to trade up. that tax credit, as it shrinks, how much of a headwind was that this quarter -- tailwind. with that tailwind removed how much do car sales slow? >> that will be the big questi

and this is not new technology elon musk is talking about here. this has actually been going on for some time and it has been particularly used, as i understand, in military and they have been piloting and testing this out many years ago for pilots. they have had perhaps rather clunky headgear that pilots war but they we re headgear that pilots war but they were actually able to detect the signals from the brain and make the plane move either to the left, go up, plane move either to the left, go up, go plane move either to the left, go up, go down, just by reading the signals from the brain. so this isn't new but i think a sort of sign that we should all perhaps go back and look at those creative movie writers or the people that wrote those and came up with those ideas for the science—fiction movies. what is going to be the next thing that we should look out for? i am sure somebody has already thought about it. and of course the indications of this for people who have suffered injuries and cannot move their limbs. the impact for them could be li

beyond meat is a cold stock like tesla however there is one big difference elon musk doesn't want to hear anything you have to say, he dismisses anyone that disagrees with him as a moron or commuter simulation musk doesn't offer anyone gladly brown, he's exact opposite he wants to hear what you have to say he wants to hear your objections so he can be better informed and produce a superior product i grabbed a bugger wirger with beyond meat taco and beyond meat sausa sausage. he told me it's one gigantic work in progress great line no arrogance there ethan is trying to make the best taking meatless burger imaginable he wants all the flavor with any of the sigma of eating a dead cow. he's doing a terrific job we but there is a reason there is no arguing or accounting for taste. when i rate it on my column, critics who seem to outweigh supporters because they don't like the taste another cohort prefers their competition and some believe nestle will steam roll when they roll out their burger. some say plant-based are worse than red meat. taste is subjective. numbers are 20% year over yea

i think the bulls will say, hey, guys, elon, he's predicting profits some day elon is so elusive he wasn't arrogant at all. although, he does have some nut jobs on the call he has these people, like, hey, let's have so-and-so from car nut. a guy says, hey, tesla, it's fabulous and musk says, yeah. then let's have the guys that guy says, hey, you know what, my tesla is fabulous it is a very unusual conference call he's so funny, elon. he's hilarious >> hey, jim -- >> i miss him in twitter so bad. >> well, the new twitter try him out on new twitter see if it's any different. >> definitely. he and the president >> jim, see you in a few minutes. thank you. >> exciting times. >> it is definitely watch for the gary love interview coming up in a little bit don't miss the ceo triple header tonight on "mad money. jim has the heads of royal electric power, royal caribbean, and align technology that's 6:00 m.p. eastern time. stay tuned we'll be right back. >>> a final check on the markets. we are now -- we've pared some of the gains to 51 points now on the dow. we were up almost triple digits. the na

now that elon musk can't tweet under the order of the government, we'll have to wait for the quarter to learn how the company is doing tesla is the ultimate battle ground and bad news dogs it but doesn't destroy it anymore as there are too many short sellers. the trade is what we call too crowded. people get mad because i won't talk a stand and it's a cold stock and cold stocks are hard to gain so why should i try doing money when money of my themes is easing money facebook, congress is raking them over the coals and crypto currency i think facebook will deliver a good quarter, very good. a year ago was the darkest time for facebook the company is getting hammered and had a nasty short fall but in the end, i don't think facebook's business is hurt at all because the ad vertizers love it because the readers love it and that's called journalism or at least some form of journalism i'm liberal using the term dan will trace out the next phase of the payment company's growth but the stock tends to stall after earnings when it's had a big run going into the quarter as it has this time. if y

spacex won the lease for this site, by the way, over the protests of blue origin, in 2014, elon musk's upstart signed a 20-year lease. and since then, has invested hundreds of millions of dollars into this launch pad and made some history of its own. it really speaks to the rise of commercial space, when we talk about then, apollo 50 years ago, and now and this entrepreneurial space age that we are on the cusp of entering we're going to talk about that throughout "squawk alley" over the next hour. it's something you don't want to miss so stay tuned >> all right, morgan can't wait when we come back in the meantime, elon musk, jeff bezos, richard branson, what about the space billionaires that you've never heard of morgan will tell us about them, so do not go anywhere. dow's up5. 7 of savings and service. whoa. travis in it made it. it's amazing. oh is that travis's app? it's pretty cool, isn't it? there's two of them. they're multiplying. no, guys, its me. see, i'm real. i'm real! he thinks he's real. geico. over 75 years of savings and service. >>> while elon musk's spacex and jeff bez

>> elon musk. >> tucker: is it elon musk? i love the name. >> elon musk wants to hook up your brain to a -- >> imbrant chips into your brain? so it helps you function better. to battle artificial intelligence. >> no thank you. >> tucker: not creepy at all. elon musk sounds like he's in touch -- okay. this is crazy, final question, also two points, jesse watters, okay. you ready? >> yeah. . the game show commission billings, montana want us to end with an animal. people in chicago were messerized when an alligator was seen in the city park. they tried to catch the gator. the reptile became so popular he received his own nickname. allie the alligator. b, changes the snapper. or c, rock rock the crock. >> oh, man, my buzzer! >> tucker: rick. >> chance the snapper. >> tucker: was it chance the snapper? >> back now with the search for the alligator on the loose, first spotted a week ago. >> the gator so popular it has a nickname, chance the snapper. not taking any chances. bringing in an expert from florida to find and catch the c

>> elon musk. >> i knew that. >> tucker: is it elon musk? i love the name. >> tesla's chief elon musk wants to hook up your brain. >> he says why not implant chips in your brain so it helps you function better and to battle the artificial intelligence coming your way. >> tucker: that's not creepy or anything, not at all. elon musk sounds like he's in touch. okay. this is crazy. final question, also two points. jesse watters, okay. are you ready? the game show commission in billings, montana, would like us to end on an animal related multiple-choice and so we are. here it is. people in chicago were mesmerized under the alligator was seen hanging out in a city park there. authority spent the better part of a week trying to catch the gator. the reptile became so popular, he received his own nickname. was his nickname a, allie the alligator. b, chancey stamper. c, rock the crock. >> my buzzer! >> chance the snapper. >> tucker: was it chance the snapper question marks to go the alligator on the loose in the chicago park first spotted a week ago.

go a bit better >> thank you space has become the new battlefield for billionaires richard branson, elon musk, jeff bezos all trying to become the winner branson making a big move today. we'll tell you all about it when "power lunch" returns. it all started under this buttonwood tree. twenty-four people came together to sign an agreement that created the stock exchange. just the right elements coming together. it started when scores more people came together, just down the street and traded bonds that helped pay for the revolution, and the nation it created. it started in an office on the corner where the right people witnessed the telegraph and brought information and humanity together forever. it started with the markets, bringing together steel and buildings and silicon and medicine and rockets. we believe the possibilities of life and investing are greater when we come together. it's why for eighty years we've connected ideas with technology, data with inspiration, investors with solutions. so that every day together, it all starts again. ♪ >>> it's a very, very, very exciting time

. >> plus, is this elon musk's wildest idea yet? his new mechanism straight out of science fiction. >> and netflix, the mark it missed that sent stocks tumbling. . >> three arrests, years in the making. police track down the men they say are behind this deadly robbery. tonight at 11 p.m. the employee who survived the shooting tells his story. . >>> here is what you missed, president trump hit the campaign in north carolina. in greenville the president again lashed out at one of the four democratic congress woman. congresswoman ilhan omar accused her of supporting america's enemies. the crowd chanted send her back. >> and obiantly and importantly omar has a history of launching vicious anti-semitic -- >> send her back. send her back. >> today when asked about the controversy house speaker nancy pelosi said democrats want to move on. >>> a family in utah is dealing with an unimaginable tragedy tonight. a father took his six-year-old daughter golfing and hit her in the head with a ball while teeing off. the girl was in a golf cart at t

an elon musk urge them to go out and break the record. i think it comes down to how they did over the weekend. a lot of analysts put out their note before the weekend and there was a lot of deliveries. they could have made it. we are waiting to find out if they made it and if they beat the record by how much. caroline: you have a great story showing how tesla's double-edged sword in terms of deliveries. but even if they sell the number of model 3's they are pushing out, some of the buyers, maybe not as lucrative as they had hoped. dana: the number of deliveries is super important. if tesla can show they rebounded from a dismal first quarter and broke a record, that would do a lot. the big question is margin and mix. if they sold a lot of lower end model 3's, that will impact growth margins. there is concerned model 3 is cannibalizing the model s, which has been the more expensive car. i spoke to one owner that is waiting for the model s refresh and decided to get a model 3 instead. it will be interesting to see what percentage of the cars

elon musk is one of the -- but he left the board last year. how involved is elon musk? greg: he is no longer involved. he had to leave due to a conflict with tesla. emily: if you are the ones moving ai forward -- greg: ai technology is becoming very powerful. amazingns there are benefits and amazing applications. imagine a personalized tutor that can really understand you and is available free to every person on the planet. that's the kind of system we want to create. you also have to ask, what are the risks? some already have bad implications in the world, and how we -- how do we maximize the benefits and reduce the downside? we have to make sure we keep it safe and secure to mitigate the downside. emily: how is that a conflict with tesla? greg: they are also working on ai. emily: where will ai take us in five years? greg: the timeline is hard to predict. previousing at 1878ological e asians, in thomas edison announce he was -- britisheate parliament put together a committee of distinguished excellence and said it would not work. it's hard to predict what the future wi

. >> elon musk's next big idea. new details his brain to machine interface. >> the device is cutting edge, a thread-like device thinner than a human hair gets insrted through the skull and on it it are thousands of electrodes which monitor brain unusualons and transmit that data back. they are looking to create symbiosis with art pigs intelligence. >> i think even in a benign ai scen ar why we will be left behind. but i think with a high band weu9d interface i think we can go along for the ride. and we can feajtively have-- effectively have the option of merging with ai. >> trevor: okay, what? elon musk is saying that because ai is abouting it to wipe out humans in the future, humans should just make ourselves computers before computers wipe us out? is this a trap? it it feels like a trap. you can't escape something by doing it to yourself. that would be like crashing and jump without eye par chute, i'm not being to die in a plane crash, yeah, are you going to day next to a plane crash t will be the plane crash and

elon musk wants to make that a reality pretty soon for tesla owners. he announced on twitter this weekend that the company will soon allow video streaming from services like netflix, youtube Ãdrivers could watch videos on their touchscreen display. he added that this could arrive soon as august, but drivers will not be able to watch videos on the go, only when they are part. yeah, right. >>> a close call from patrol officers in alaska. this captures the moment that the cruiser nearly missed hitting the moose and her calf. police say that mama moose and her baby are both okay. >>> speaking of luck, one lottery ticket owner in the east bay has a big payday coming their way. the fantasy five ticket was sold yesterday official gas station in any act. the prize just over $161,000. the winning numbers seven 21 24 29 and 38. >>> kevin durant may have left the warriors. >> but his impact on the community lives on. today the recreation park department celebrated the opening of the playground. this multicolored surface for the basketball court was originally fu