26 Burst results for "Tesla Plant"
"tesla plant" Discussed on WTOP
"Your leadership and the sacrifices that come along with that. And please go on and continue to enjoy press conference. Okay. Thank you. I don't let them straight northwest, Chrissy king, WTO P news About 10,000 of prince George's counties more than 500,000 eligible voters have been sent an incorrect version of a sample ballot for Maryland's primary election. The board of elections says it'll print the correct ballots and mail them to voters who got the incorrect ones, the issue affects just the sample ballots, not the actual mail in early voting or election day ballots. A bloodhound named trumpet has won the Westminster kennel club dog show. It's the first time that breed has ever snared the most coveted best in show prize that competition drew more than 3000 purebred dogs. Money news at 25 and 55, employees of union kitchen have voted 22 11 to unionize. They work at 5 locations, including the store and restaurant on Wilson boulevard in Boston. In a statement local 400 of the united food and commercial workers called on the owner of union kitchen to come to the bargaining table, the workers said they decided to unionize because of pay cuts, lack of sick leave and staffing shortages. A black former Tesla worker has rejected a reduced award of $15 million in his suit against the company. Oh, and Diaz worked at the Tesla plant in Fremont California in 2015 and 2016 before quitting. He said he was harassed and abused with racist epithets and supervisors failed to stop the abuse. He was originally awarded almost $7 million in damages in almost a $130 million in punitive damages, which a judge caught by almost 90%. Diaz rejected the judge's decision, which could mean a new trial. Up a hand on WTO more on the decisions that are expected a couple of hours from now in at least some of the cases still to be announced before the end of the current Supreme Court term. It's 7 56
"tesla plant" Discussed on Bloomberg Radio New York
"Much We have this big Bond sell off and yet equities have really kind of eased their way up a little bit over the past couple of weeks pretty steady this morning nothing all that dramatic in terms of equity prices the nikkei is trading down four tenths of a percent The ASX 200 is up two tenths of 1% and we'll get a couple of other markets in a moment One of the big movers today is crude oil It fell down below $111 a barrel So down about 3% or so one ten 70 Part of that might be hit on demand in China as they're struggling pretty mightily there with the COVID outbreak And even having to resort to shutting down half of Shanghai over the next four days and then take care of the rest So maybe that's an indicator of what we'll see in terms of other risk assets Right now you've got the dollar is reasonably steady The ends week dalyan here one 22 23 And what else do you have another big mover in Bitcoin Bitcoin pushing up towards 47,000 And some technical indicators added getting into a much more positive framework once it passed 45,000 And so we're seeing that actually very firm this morning Otherwise most of the others like the Cosby is open down a little bit here in Seoul It's trading down about two thirds of 1% And sovereign yields jumping in Australia and New Zealand the yield on the Australian ten year now Up 7 basis points to 2.84% So that part of the trend is still very much intact Bonds down yields up Juliet back to you All right well the mounting uncertainty Brian around the fed and the war in Ukraine is putting one currency in focus and that is the Japanese yen We get more from Bloomberg's Garfield Reynolds So we have a haven motivation in the war in Ukraine But at the same time the BOJ's staying easy while everybody else is going tight So I think that's your explanation as to why in this situation the game is a haven just doesn't work because nobody's willing to go into a zero yield height and when you can instead go to places where you are going to get yields again has fallen nearly 6% this year and there could be worse to come if the bears are right Traders will get more insight into the fed's thinking this week with officials including fed president Patrick harker and Atlantic fed president Rafael bostic due to speak and we do have the dollar strengthening against the yen By about a tenth of 1% dollar yen one 22 spot two three Let's get to Elon Musk's Tesla plant in Shanghai which is slamming the brakes on production because of the government's COVID restrictions We get more from Bloomberg's Denise Pellegrini While production of the poem is being halted today as those COVID lockdowns intensify And the plant could be closed for days and then phase staffing shortages even with a reopen This is Tesla's first Gigafactory outside the U.S. and the second time this month it's had to suspend production there China is Tesla's second largest market And the plan also builds tens of thousands of cars a month for export Unlikely though that Musk would defy Chinese officials the way he did in California when he reopened the plant in the spring of 2020 and dared authorities to arrest him Denise Pellegrini Bloomberg deprecation It is four minutes passing out time for global news U.S. president Joe Biden and receiving criticism from Europe about saying that Vladimir Putin can not remain in power advance in.
Elon Musk: Tesla hiring 10,000-plus employees for Austin Gigafactory
"Tesla's CEO Elon Musk, says the new Tesla plant under construction close to Austin will hire more than 10,000 employees through next year. If that happens, it will be twice the number of new positions that Tesla has
TSLA is The Chosen One Says Morgan Stanley, Price Target to $810
"Everybody rob power here and today. We're talking about a new note on tesla's stock from morgan stanley. They have increased their price targets significantly. Today after hours. We also have some news on the full. Self-driving beta report on monowai gross margins from china and some news that riven may be raising some more capital taking a look at the stock tussle. Today finished up zero point seven percent to seven hundred and thirty five dollars eleven cents that actually did trail the nasdaq which was up about one percent. But hereafter hours worth. Things have started to get more interesting. After morgan stanley released their updated tussle note. Tesla has jumped by about ten to fifteen dollars. One and a half two percent to read around seven hundred fifty dollars per share otherwise news on tesla was fairly light today. So we're gonna spend most of our time here looking at that note. And as i always say when we look at analyst notes a lot of this is just contextual and it gives us good jumping off points for discussion and things like this also gives us good perspective and insight into the kind of information. That's being circulated around the street. So right off the bat here. This morgan stanley note comes with a great headline. They title the no quote the chosen. One tesla industrializes internet of cars target two eight hundred and ten dollars and quote. That is a huge fifty percent increase over the previous price. Target of five hundred and forty dollars per share. They write quote. We update our forecasts and long-term assumptions. Following better-than-expected cue for deliveries sixty one percent year over year growth and five billion dollar capris raising twenty thirty volume to five point. Zero million units versus three point eight million and taking the price target two hundred ten dollars. Tesla is richly valued for a reason reiterate overweight and quote. Okay so what has changed. Here with morgan stanley's assumptions that has led to this fifty percent price targeted increase while they say they had better than expected volume this year. You four specifically. There's been a significant capillaries. And of course tesla was added to the s. and p. five hundred. So they beat morgan stanley's projection. They have risked and they've been added the s. and p. five hundred which has reduced the float effectively reducing the supply of tesla shares as for the actual changes to their model driving this higher price target. They say that quote the majority of the price target increase comes from the impact of our higher volume assumptions in our model and quote as i said they have increased their twenty thirty delivery forecast from three point. Eight million vehicles to five point two million vehicles and they say that they have now added to factories to their forecast for twenty thirty bringing their total tesla. Plant count to ten. I think that factory count is actually probably pretty close but that would only be you know. Five hundred eighty thousand vehicles per factory by twenty thirty. But it's become very clear. That tesla actually has ambitions of producing two million vehicles or so per factory per year. At least in the case of texas and dig your berlin shanghai. They've said one million plus so even just those factories plus fremont if can hit their production targets in those factories. Gets you to more than five. Point two million that jonas projecting here for twenty thirty as for their earlier year forecasts for twenty twenty one they have increased their projection from seven hundred seventy eight thousand previously now to seven hundred ninety two thousand and as a reminder just as recently as july they had actually been projecting just six hundred and twenty thousand four twenty twenty one so they've actually up that by about thirty percent in just the last six months for twenty twenty two the forecasting one point one five million. I'm not sure what that was previously for. Twenty twenty three. Then they are up from one point. Three five million previously now to one point seven million the fun thing about these increased volume targets from morgan stanley. Is that a few months ago. They did what they called. A great tesla rating. They started including things like mobility services as a recurring revenue from autonomy in their price target. So they're sort of having this ongoing opera moment this year. That as they now add vehicle volume into their forecast they now have to add additional services and revenue margin as well and that is where the game changes in terms of valuation for tusla. And the thing is you. Don't even need a fully autonomous robot taxi type of service to start adding that services revenue in when tesla's starts offering full self driving as a subscription. I think that is going to open a lot. Of analyst is to how tesla's business model is structured and will be increasingly structured going forward leveraging software. It's already easy to say. As i've said in the past that if you want to compare valuations show me another automaker that is selling a ten thousand dollar software option then we can make those comparisons but because that is all sort of right now lumped into the same revenue the same margin line on tussles earnings. People just aren't willing to recognize that yet as a separate line of business when tesla's starts offering full self driving a subscription even if they don't break that out on their earnings that forces a change in how analysts are forecasting and modeling tesla they have to start forecasting recurring high-margin revenue right. Now that's basically all just being pulled forward into that simple ten thousand dollar option which is great but it also makes it easier to ignore the other factor making it easier to ignore right now. Is that a big portion of that is still currently deferred revenue. So it's not actually showing up in earnings. But as tessa delivers more features this year less of that is going to be deferred tussles valuation in and of itself is playing a role here too because it has become so massive analysts have to cover this. They have to cover well. They're getting more and more resources to cover it. They're getting more and more questions as tesla's been added to the s. and p. five hundred those benchmarked funds managers. They need to know what to do with the stock so the coverage is just getting more and more intense and again because the evaluation hide they're going to be a lot of analysts running numbers sort of back testing against that valuation. Saying okay to justify this. This is what needs to happen for the company.
"tesla plant" Discussed on KTOK
"It's the latest when you need it on demand from Fox News and Amazon, Alexa President elect Joe Biden continues to fend off allegations of wrongdoing by his son Hunter Calling at some kind of foul play. President elect Joe Biden continues to face questions about his son Hunter and the ongoing federal tax probe focused on the 50 year old. Some Republicans say the public and the press should demand more President Trump has repeatedly lashed out of the press and even outgoing Attorney General Bill Bar over the controversy. Bar is defending his decision not to make the pro public before the election, telling The Wall Street Journal The standard for investigating someone is low, so just gin up an investigation make it public affect every election bar is set to leave the Justice Department next week functions. Mark MEREDITH sources tell Fox News Investigation does not target Joe Biden. Meanwhile, Republicans in Congress continue to demand House Speaker Nancy Pelosi removed Democrat representative Eric Swalwell from the House Intelligence Committee amid allegations he may have been compromised by a Chinese spy. The California representative on Capitol Hill for Coach this week would not answer questions about the nature of his relationship with alleged Chinese by Christine Fong, who came to the U. S on a student visa in 2011 and allegedly targeted up and coming politician engaging in sexual or romantic relationship with that least two Midwestern mayor's before focusing on lawmakers in the Bay Area. Swalwell hasn't said how close to to work, but she was seen interacting with him at events for multiple years, according to Axios, helping with fund raising activities for his 2014 re election campaign and placing at least One intern in his office. The congressman cut ties with Fung and late 2014. Fox's Rick Leventhal. A German court ruled that auto maker Tesla has to stop clearing trees on some parts of a site near Berlin, where it's building the company's first European electric car factory. The court upheld an earlier temporary ban because areas on the fringes of the plant have protected species. I'm jokes, you fucking When it comes to news. Were there news radio 1000 Katie. Okay, Oklahoma's first use teachers are being moved into the second phase of Oklahoma's covert 19 vaccine distribution plan. Governor Kevin stood announced that kindergarten through 12th grade teachers, along with additional staff who interact with students. Will be in the same phases, first responders and residents over 65. The second phase of vaccinations is expected to begin next month. Students in the Tulsa School district who may be in need won't go hungry over the Christmas holidays. Brain, GAN reports. Also, public schools.
"tesla plant" Discussed on 600 WREC
"I recommended you don't bother try and it's hard and I have a lot of people around here that I'm learning to trust trying to trust. I have a tendency toward micromanagement because I like everything to be done My way and At a certain point. You have to let that go because I just don't have the time. It was too many little things that happen and big things that happened. But all in all, having said that I'm having a great time. It's a fantastic experience because anything intensity is good for me. And, um, here I am working away. Keep listening to I heart radio for more Daryl Hall and all your favorite artists. Ah, pleasant upside surprise for the US economy. Retail sales jumped almost 2% in September. That's triple the August improvement and about 60% better than the consensus forecast. Analysts say it's a combination of late spending on back to school and deferred spending after a tight fisted spring car sales were especially strong as commuters continue avoiding public transit. Overall motor vehicle sales jumped 3.6%. On the downside. Industrial production is slowing for the first time in four months, The Federal Reserve's index of all output from factories, mines and utilities fell 6/10 percent, and it's more than 7% below pre pandemic levels. Consumer sentiment is also far lower than it was before the Corona virus, but it did edge up at the beginning of this month. The University of Michigan's index ticked up to 81 point to the highest level since March, but it was 101 in February. It's not like Elon Musk can't afford it. But Tesla's new plant in Germany has failed to pay a basic bill. Correspondent bills in for explains the problem is that multi billionaire Elon Musk apparently isn't paying his water bill. Water company that supplies the plant outside of Berlin has turned off the water at the facility because of unpaid bills. The Tesla plant, which is still under construction, is the first such factory in Europe and would produce up to 500,000 electric vehicles a year. The company says the water will be turned back on when the bill is paid bills him for NBC News radio and a Texas businessman is charged in the largest tax cheating scheme ever. Prosecutors say Robert Brockman hid $2 billion over two decades through the use of offshore accounts over 20 years. Mr Brockman seemingly spent as much time covering up his tracks. As you did earn the money in the first place, a clear indication to me that he knew exactly what he was doing. Chief of IRS criminal investigations Jim Lee Ah grand jury has indicted Brockman on 39 counts, including tax and wire fraud, evidence tampering, money laundering and lying to investors. Consumer and business News. Joe McConnell, NBC NEWS radio radio..
"tesla plant" Discussed on NewsRadio KFBK
"Pleasant upside surprise for the US economy. Retail sales jumped almost 2% in September. That's triple the August improvement and about 60% better than the consensus forecast. Analysts say it's a combination of late spending on back to school and deferred spending after a tight fisted spring car sales were especially strong as commuters continue avoiding public transit. Overall motor vehicle sales jumped 3.6%. On the downside. Industrial production is slowing for the first time in four months, The Federal Reserve's index of all output from factories, mines and utilities fell 6/10 percent, and it's more than 7% below pre pandemic levels. Consumer sentiment is also far lower than it was before the Corona virus, but it did edge up at the beginning of this month. The University of Michigan's index ticked up to 81 point to the highest level since March, but it was 101 in February. It's not like Elon Musk can't afford it. But Tesla's new plant in Germany has failed to pay a basic bill, of course funded bills in for explains the problem is that multi billionaire Elon Musk apparently isn't paying his water bill. Water company that supplies the plant outside of Berlin has turned off the water at the facility because of unpaid bills. The Tesla plant, which is still under construction, is the first such factory in Europe and would produce up to 500,000 electric vehicles a year. The company says the water will be turned back on when the bill is paid bills him for NBC News radio and a Texas businessman is charged in the largest tax cheating scheme ever. Prosecutors say Robert brought bin hid $2 billion over two decades through the use of offshore accounts over 20 years. Mr Brockman seemingly spend as much time covering up his tracks as he did earn the money in the first place, a clear indication to me that he knew exactly what he was doing. Chief of IRS criminal investigations Jim Lee Ah grand jury has indicted Brockman on 39 counts, including tax and wire fraud, evidence tampering, money laundering and lying to investors. Consumer and business news. Joe McConnell, NBC NEWS radio I Heart radio goes one on one with Brad Paisley.
"tesla plant" Discussed on Newsradio 700 WLW
"Making money is the name of the game, so pay attention or live in shame. It's time for the Bloomberg market on 700 wlw because it is Jeff Bellenger. Jeff turns out BigLots did by odd lots. So that comes up when you're watching jeopardy now, you know All right. Your memory was better than mine. I was just guessing. All right. Job cuts are coming in the Coca Cola company. Why? We're not drinking it. Apparently not with soft drink maker is going to start by offering a voluntary separation program to about 4000 eligible employees. But it also expect some involuntary layoffs. The beverage industry has gone through. Some changes consumers cutting back on calories moving away from sugary drinks. That's one problem. There are also hurdles for the bottled water business, a Coca Cola because of environmental concerns. Whitemore pilot layoffs. United Airlines joining the other big carrier, saying it will start cutting pilots unless the industry gets more federal help to cover payrolls. United says as many as 2850 pilots could lose their jobs this year. Playoffs begin in October after the current round of funding from the cares act expires at a cyber criminal. Go after a Tesla plant. What were they able to do? Nothing that unfortunately the Tesla factory in Nevada was targeted by a hacker, but the attempted cyber attack was thwarted. Elon Musk has confirmed the attempt in a Twitter posting the Tesla, a new site, Tesla, Roddy reported that a Russian man tried to recruit a Tesla employee. Promising to pay $1 million if malware was planted on the company's computer network, But the employees helped the FBI to catch the would be attacker and he was arrested last week. Really in Russia. I don't know where they were. The arrest took place, but he has been arrested. OK, future's looked like what? Please looking good ahead of the Friday session s and P futures up 12 points. NASDAQ futures are up 11 and the Dow futures are up 155 from Bloomberg. I'm Jeff Allen. Jura news radio 700 wlw. Sam is 8 11.
"tesla plant" Discussed on KTOK
"But it's a little bit different than the moratorium that we saw earlier this year. This will also temporarily stop the collection of the payroll tax for some Americans, depending on how much money they make, and this will also provide for dollars. An additional unemployment insurance, but states this time we'll have to contribute 25% of that 400 roughly $100 the White House's tapping into its disaster relief fund and allowing $44 billion to go towards thes new checks. Despite rumors to the contrary, the president says Social Security will not be harmed by his payroll tax cut the payroll tax pays for Social Security and Medicare. But Trump says he would instead fund the nation's retirement system out of the general fund. Trump's order will let businesses opt out of deducting the payroll text from Workerspaychecks Take action quickly. If you're facing eviction because of covert 19 were really saving people from homelessness every day at the dock it if you just reach out for help, Attorney Jennifer Montana with legal aid says You should go legal aid immediately. If you are being evicted, she says outcomes are much better for tenants who have legal representation. And she says tenants Should also reach out for rental assistance. Oklahoma has 486 new cases of covert 19 that brings 2 43,566 the total number of confirmed cases in the state since the pandemic started. Oklahoma's death toll remains 603 0 you, chief covert officer, Dr Dale Brad Slur says for the first time in a long time, the seven day rolling average of Corona virus cases in Oklahoma is trending downward. Buddy says. People should not stop wearing masks. The one thing that I always Um, I'm reluctant to talk about we plateaus or the number of cases seems to be perhaps going down now is that people start Tio, Um, let their guard down. We can't do that, he says masks are the best intervention we have at the State Commerce Department is launching a new recruiting effort. Beth Myers reports. Oklahoma didn't snagged the coveted test, less cyber truck factory, But Governor Kevin Stitt says it's the perfect time to capitalize on the global exposure that Oklahoma received. As a finalist for the Tesla plant. The State Commerce Department now has created the Oklahoma Automotive Accelerator Program. Officials say it will focus on recruiting automotive parts manufacturers to Oklahoma, especially Cos that will be supplying the new Tesla plant in Austin. The FBI says it's getting more and more complaints about online shopping scans. It says an increasing number of victims are being directed to fraudulent websites that Offer low prices, but shoppers don't get what they ordered. Or they even receive face masks from China instead from the kinky Okay Weather Center and the forewarned storm team lots of sunshine today a high of 96 with a heat index toe 105 low tonight around 75 we could see some evening and overnight storms. I'm Jacqueline Scott News Radio. 1000 Katie..
"tesla plant" Discussed on KTOK
"Has been killed and they are using live ammunition on these demonstrators. This is very close to two Days explosion that killed more than 150 people here in Lebanon. Rescue crews are still searching for survivors. There are more than 60 people missing at this hour. The Lebanese prime Minister Hassan job trying to calm down the country tonight, saying it should go to parliamentary elections early. It doesn't appear these protesters are having it was Trey Yingst. The CDC reporting about 62,000 new cases of Corona virus for the nation, while the number of deaths has risen by 1347 day average for depth stands at 1043 the trend indicating more than 1000 people coming to the Corona virus every day for 11 consecutive days. A new forecast predicts that the number of deaths in the United States could reach 300,000 by December. That is nearly double what it is now. Boxes Claudia Count America is listing to function. From when it comes to news. Were there news radio 1000 Katie. Okay, Oklahoma's first views. Oklahoma didn't snagged the coveted Tesla's cyber truck factory with Governor Kevin Stitt says it's the perfect time to capitalize on the global exposure. Oklahoma received as a finalist for the Tesla plant. The State Commerce Department has created the Oklahoma Automotive Accelerator Program. Officials say it will focus on recruiting automotive parts manufacturers to Oklahoma, especially companies supplying the new Tesla plant in Austin. A fatal shooting Friday in southwest Oklahoma City. Here's Margot Murano police, a 19 year old Abraham Rodriguez and a friend were driving in the area of Southwest 23rd and Miller when they Changed words with a pedestrian. The pedestrian opened fire on their vehicle and Rodriguez was hit. Rodriguez and his friend managed to drive to a relative's house nearby for help. Rodriguez died at the scene. Bison at the.
$68 million tax breaks may go to put Tesla plant to Austin
"Tesla is said to be looking to open a new factory in either Texas or Oklahoma to make its new pick up and it says to be the New York Post says it's looking pretty generous tax breaks it plans to invest about a billion dollars in an assembly plant that would employ five thousand people work on the factory could start later this year Tesla has one U. S. plant in Fremont California CEO Ilan must battle with local officials about the factories reopening the plant has resumed
"tesla plant" Discussed on WTOP
"Their time inside Wall Street will try to wrap up the week with a winning session it may not be easy with investors worried about an escalation of US China tensions the market ended lower yesterday after president trump said he discussed China at a news conference today from the Bloomberg news room I'm Larry Kaski on W. T. O. P. are you time in Washington they're pursuing the impeachment which I will have investigations and questioning that are worthy of the constitution fast moving and politically intense I'm interested in any misconduct of the president there was definitely no quid pro quo I'm WTOP's Mitchell Miller with the week of the hill podcast No spin just the bottom line find it on WTOP apple podcast one iTunes or wherever you get your podcasts Tesla really move its operations out of California this is just over with the core chronicles that threat from CEO Ilan mosque during the recent spat over re opening the Tesla plant near San Francisco this is fascist this is not democratic this is god's the freedom test can't do anything right now says guide house insights analyst Sam Abuelsamid but it may reflect a long term strategy there's a reason why no one else builds cars in California most of the supply chain is elsewhere and it's it's an expensive place to do business Moscow has already had conversations with Texas governor Greg Abbott with the core principles nine Jeff Gilbert C. D. S. here is some good news to share Jennifer young of Jennifer young Holmes tells it was sixty year low interest rates well priced properties are still getting multiple offers that's good news this is Dave Johnson I've told you before about how Jennifer.
Tesla, county reach deal to allow automaker to reopen U.S. plant next week
"Week it looks like Tesla CEO Elon musk is not going to be arrested and will have his plant running after all Alameda county California is allowing his Tesla plant to resume building cars on Monday the company though has to deliver a new worker safety precautions that they agreed to musk reopen the plant this past Monday against the county's orders even tweeting that he should be arrested if
Trump Calls for California to Let Tesla Factory Open
"The lan musk's decision to restart production at Tesla's plant in Fremont California against local authorities orders has the backing of president trump the president tweeted today California should let Tesla and the lan must open the plant now it can be done fast and safely the Alameda county facility makes the company's top selling model three compact car Tesla shares were little changed
"tesla plant" Discussed on KOMO
"Else at twenty and fifty past the hour on come on here's your call will propel insurance money update stocks lost ground today with all the indexes falling about two percent a drop of more than four hundred fifty points in the case of the Dow Jones industrials the nasdaq composite down nearly one hundred ninety points had eight six session win streak snapped a few consumer staples did rise today General Motors shares gained two point eight percent and ConAgra brands moved up two point one percent the lan musk's decision to restart production at Tesla's plant in Fremont California against local authorities orders has the backing of president trump the president tweeted today California should let Tesla and the lan must open the plant now it can be done fast and safely the Alameda county facility makes the company's top selling model three compact car Tesla shares were little changed today that's your money now these are state surpasses seventeen thousand coronavirus positive some counties are being allowed to advance to phase two and as commerce Brian Calvert reports you can now eat at restaurants if you're willing to give up a little privacy under phase two restaurants are allowed to resume serving customers at tables with the expected cabbie outs dining rooms only half full tables spaced apart no more than five at a table plenty of sanitizer and then the rule that not many saw coming if eateries water resume in house dining they have to be willing to collect your name phone number email and the time of day you came in in order to eat in these restaurants customers must be willing to give up all that information the reason health officials want to be able to find you if they get word someone with covert nineteen eight where you ate and while many will comply to avoid another takeout meal there will be others who wonder if the breach of privacy is worth it all right this information collection is even legal Brian Calvert komo news traffic in.
Elon Musk restarts Tesla plant in California, disregarding order
"Tesla CEO Elon musk confirmed on Twitter that the company has restarted its California factory a move that defied local government orders involving measures to contain the corona virus musk said he would be on the assembly line and asked that he be arrested authorities take anyone into custody the plant in Fremont employs ten thousand workers and has been closed since March
"tesla plant" Discussed on KLIF 570 AM
"Corona virus update the house is working toward the next coronavirus stimulus bill and could vote on it as soon as this week Senate passage has been largely seen as unlikely Majority Leader Mitch McConnell on Monday slammed former president Obama for criticizing the trump administration's response to the corona virus pandemic we want to be early ready for the next month because clearly the Obama administration did not lead to this administration any kind of game plan or something along those resident trump says he's willing to work with Democrats in crafting more economic stimulus money I want the workers to be taken care of but we are talking about that we're negotiating with the Democrats will see what happens trump in comments yesterday says he isn't out ruling more stimulus money if certain conditions are met on Wall Street leading indices are higher I'm John trout Tesla CEO Elon musk confirms his company has restarted its California factory in violation of local government orders correspondent Dan Simon is that the Tesla plant in Fremont most usually critical of the stakeholders calling the fascist and over the weekend in another tweet said Tesla will now move its headquarters and future programs to Texas or Nevada medially if we retain Fremont manufacturing activity at all it will depend on how Tesla is treated in the future Tesla is the last car maker left in California the Supreme Court is taking up president trump's bid to keep his tax bank and financial records private the justices are set to hear arguments by telephone this morning in the case Dr Anthony Fauci a key member of the White House coronavirus task force will testify before a Senate committee today algae and other top U. S. health officials will appear before remotely as their self isolating I'm John trout maybe you can relate to this a lot of people think they're stuck with their health plan it costs too much for whatever reason I just don't like it the great news you're not stuck with it there is a choice it's called medi Cher and you could save so much the typical savings for a family is five hundred Bucks a month major.
"tesla plant" Discussed on KQED Radio
"A new book about Turner and CNN will join us that and all the latest news on code nineteen from around the world next time on here now here now coming your way at eleven AM here coming up in the next segment of morning edition we're going to learn about subpoenas in the trump administration we're gonna learn about marine hair cuts and a lot more stay with us coming up on for later on this morning at nine discussion of the shutdown between Tesla's L. lan musk in Alameda county officials or the showdown rather production resumed at Tesla's plant in Fremont yesterday despite shelter in place orders we'll find out what's the latest on that at nine o'clock at nine thirty a discussion about the devastating toll of the corona virus from the Navajo Nation and issues about crowding in access to water we're gonna hear from Navajo Nation president Jonathan ness and get the latest conditions there that is coming up on form at nine thirty and then at ten o'clock we'll talk about what it's like to fly right now and consider what the future holds for air travel with little direction from the federal government commercial airlines have been tasked with implementing their own coronavirus safety precautions what are they and what does it mean for you that's all coming up in the ten o'clock hour flying in the age of cove it on form with Michael Krasny and of course your phone calls coming up at noon today as is wont to do if governor governor Newsom has a press conference we will hold that live here on KQED public radio this press conference is happening at noon time now is three twenty one support for NPR comes from this station I'm from TI.
Elon Musk reopens Tesla plant in California, disregarding order
"Governor Gavin Newsom believes the dispute between Tesla and the county can be resolved and that the company will stay put he appeared unfazed by Tesla CEO Elon musk threat to move his company's assembly line out of California musky stewing Alameda county over the stay at home order that idols Tesla's Fremont manufacturing plant he opened as planned today against county orders I have more confidence moving forward in our ability to support a company that this state has substantively supported for now many many years and in return we have been beneficiaries of their incredible growth ingenuity and innovative spirit we look forward to many many decades of that relationship again governor Gavin Newsom saying this situation will likely be resolved musk tweeted today that he would be on the front line with his workers and if arrests were going to be made he asked only that it be
"tesla plant" Discussed on KGO 810
"Filling in for Nicky my Darling G. G. O. A. ten I understand that this process by which a microphone opens and you start coughing I think well I think for the White to open I'm like well I'm back well yes morning radio you're right we got a clear throat because we're all waking up together yeah that sounds very Californian Nikki is off as you heard she's on furlough this week so I mention her sitting in for him on the KGO morning show sitting for him it's late it's late in the show however we do have interesting things to talk about from the tweeting fingers of Ilan mosque who's been really interesting online of late cease to crying possessions so he's selling off adventure to his name his child some men explicable name that is hard to spell let alone say apparently he and the mother of the child pronouncing it two different ways relevant though to the bay area business picture is the fight over reopening the Tesla planted Fremont and on Saturday he tweeted out pictures of the filing that he put in for court that says that he ought to be able to now court is it the eight that he ought to be able to re open what's interesting about that is the mercury news is reporting that according to the county even though Alameda county supervisor Scott Haggerty said Sunday they were close to an agreement to reopen the plant this week anyway and apparently Lee's Ilan must have not been open it now so a matter of our seventy two hours difference it's just I don't know he's he's really going off on a rant lately but it well this morning to shift workers are being seen streaming out of the parking lots so they are doing it yeah looks like a a to some extent of re open the Tesla plant even though there's a shelter in place order and he's got he's got lawmakers really angry with them there is a representative from southern California in San Diego Lorena Gonzalez is tweeting because I'm nice if you on Monday yes yeah I have noticed that with Twitter L. in in our orbit now people are getting a lot more free even if they're holding elected office there's at the end it feels to come to me with his name is but there's a representative right now who just does not hold back he has no filter what he and he happens to be on the same political side of the spectrum is me but wow he just he doesn't hold back Iran must by the way has now appeared to to the top of his Twitter page a tweet that says replying to Lorena Gonzalez message received mmhm that's at the top of his face there's there's a lot of pettiness going there I think the larger issue is when you let someone of his caliber declare his own factory to be essential you're opening a pretty big can of worms we can all say that our work is essential I could say that my work here sitting in for Nicky **** or is so essential that I should be able to drive my car up to counties and show up at KGO and do not do the work in person I could say that you know we can all the clear ourselves essential but at some point you have to say don't you have a responsibility when you're in a position as influential as his that A. inside your own factor you're putting people at risk and beat your setting an example for companies big and small to like why say Hey I declared myself essential air go back to work it is responsible it's it's just it's irresponsible and you know what the world will not suffer if we can't buy a couple more tests for awhile representative Lorena Gonzalez apologized in a tweet afterwards saying California's highly subsidized a company that has always disregarded worker safety and wellbeing has engaged in union busting and bullies public servants I probably could have expressed my frustration in a less aggressive way of course no one would have cared if I tweeted that yes and you know what I should be she should the stuck to the first one anyway but that's just me I tend to be a little vulgar invite we used to say that you swear like a sailor but I wonder how many of us and he wore but for those of you with an old style twist yes I swear like a sailor when I'm not on the air and occasionally when I am on the air which gets me off the air very quickly I I do have to wonder if it's just you know Ilan mosque is a billionaire billionaire with the B. he does not need the money that comes from grinding out his vehicles that much faster he can take a break from earning money you could say that I've heard him say this you could say well he's putting his workers back to work for their own sake he's putting his workers at risk for their own sake and he told them Hey if you don't feel well are you don't feel safe you can stay home how realistic is that when you're working for a man of that character to say that I'm gonna stay home and I trust that my position is going to be there when I want to come back I mean how silly do you need to be to buy into that one if I sound angry I am I just eat you know there's if it comes down from the top in our country right now it comes down from the very White House that selfishness is good putting oneself first matters the most you know all of these lessons that that bird verge on you know all on the psychopathic on the sociopathic the ultimate selfishness and here's an example of it right now backyard I did hear some interesting conjecture underlined conjecture that you know this is just a way for him to move get more of his production overseas anyway which turns out to be a win for him but he's threatening to move the headquarters from Palo alto to Texas or to Nevada and then we got a text from the nine to five area code you can text in your thoughts or call as well four one five eight zero eight zero eight one zero on this texture says Ilan mosque is also the idiot that was predicting at the beginning of March said by the end of April we would have zero new cases a covert nineteen oh wow we could put him in the White House and see very little difference could weigh oh my god I wonder if he's setting himself up for a run for president I I do wonder I think you know this is been studied in a number of times there's not there's a long established science on this that for whatever reason within the American culture people with traces of sociopathy to rise to the top but there are certain elements in you know the A. type personality good the more hyper focused you are the less focused on that the care and feeding of the individual that these are the people who rise to the top and I think that I see a lot of parallels between must control I know you're you're a news man I'm not gonna ask you deposit on the same on the same line because your guy does the news and I don't want to drive or drag you into opinion on that my opinion for what it's worth is that it's just another example of the way that we reward and in some cases idolize people who are transparently at the very least selfish and if you want to look beyond that and if you consult with professionals might proclaim them to be somewhere within the DSM diagnostics that they show up on at least one of those pages in the DSM manual my thoughts you know what I do want to welcome our listeners to agree or disagree you are always welcome eight zero eight zero eight one zero if you wanna get a call in on this and maybe I'm being too harsh but I see you on mosque is incredibly selfish you know eighty eight noren hit the the possible health risks to his folks elevating the idea of what he manufactures to the idea of something essential when it clearly is not and ignoring the fact that he doesn't have the money he doesn't need the money he doesn't need to pick a fight with the county that was on the verge of negotiated again to open.
"tesla plant" Discussed on KLIF 570 AM
"That he can't re open his California Tesla plant until June CEO Ilan musk tweeted that this is the final straw what he said looking to move operations to Texas and or Nevada immediately tweet did not go unnoticed by Dallas officials including mayor Eric Johnson who tweeted Dallas bound I hope southern Dallas preferably and governor Greg Abbott quote tweeted musk's claim using the eyeballs emoji to date there have been no formal discussions with Texas leaders according to WFAA I'm sure Texas would love to get that factory can't live news time is seven oh nine let's get the latest business update now for Monday morning and the second largest network radio Spencer again morning Spencer good morning Amy well the Dow is down two hundred forty eight points giving back part of last week's rally that's poised open at twenty four thousand U. S. equity down one percent premarket West Texas intermediate crude just back below twenty four dollars after last week's rally twenty three ninety seven per barrel under armor says sales plummeted twenty three percent so they had a car rotavirus stole as well I guess people didn't buy new fitness outfits I'm Spencer McGowan president McGowan group networked radio dot com well as president is at work today what we got that cleared up and more cases of the corona virus found in the metroplex those stories coming up in cliff notes with much more to tell that's in six minutes KLIF news time now seven ten this.
Decade in Review: Tech and the Corner Office
"John is you wrote in your piece a decade ago. The world was waiting for the other shoe to drop. We had just experienced the financial crisis of two thousand eight and we were just getting back on our feet as an economy. What did the job of CEO look like back then? Yeah I think there was a lot more concern concern about just the general fragility of the economy. Could we trust regulators. Could we trust interest rates. Setters could we trust the SORTA heard of the fabric of what was holding together the global economy with what was going on the EU. There was general distrust of all of that ten years ago. I mean you didn't know if we were going to go through a double dip. Recession financial crisis had been just so traumatic and it did touch every industry that took several years to really emerged. Emerged from that with the sense of okay. This economies rolling we can begin to invest again begin to hire again and begin to think about innovation in leaps and bounds. mm several years versus just trying to make incremental innovation so investment started to roll sometime well after the financial crisis but yes definitely the beginning of the decade was was a given worrisome time for NCO energy industry. Well let's breakdown sort of piece by piece. The technological factors that have driven some of the intense change. We've seen in the corner corner office. First and foremost probably social media in two thousand nine. It was in its earliest stages. How is social media change? What we expect from CEOS? Yeah I don't I think we necessarily expect them all to be tweeting and on facebook and Instagram as much as we expect them to be responsive to how small and how fast the world has gotten with its response to crisis or trends or what's popular anything from the most recent examples with Peleton the exercise company and some of their ads. That didn't go over too well to earlier. This year with Boeing Definitely got into some real hot water with some of the technologies on on their planes and some of the fatalities that were related to not having everything in order there and then in front of that you had a lot of. CEO's being and pulled into a tumultuous time with the president of the United States who likes to tweet obviously and that creates a whole nother layer of communication and skill. Oh that the CEO didn't have to have you know five six seven ten years ago Slight miscalculation in the way the company presents itself on social doesn't communicate fast enough can lead to a barrage of criticism not just newspapers in in in in the marketplace but just in general arena of Public Opinion Union because it's all become so condensed on social media. Social media's also heightened this expectation of corporate social responsibility it allows companies to engage more directly with their customers customers and it pushes. CEO's to be Social Justice Warriors. Who have been some of the winners and losers in this arena? Yeah I think by all means in any company that has a strong front on issues like climate change gender equality issues. That are not always gonNA make a big difference in the ledger in in the dollars and cents but issues that are really near and dear to a particular millennials who are our shopping much more with their hearts than just their wallops these days. They're making decisions based on companies. They believe in you know one of the one of the interesting test. Cases Has Been Nike Shoe Company. That is ubiquitous that has been built on the strength of its affiliation with athletes in performance and recently they've had to make some tough decisions and this is obviously around on Colin Kaepernick An NFL player. WHO's not even playing anymore? But it's associated with the brand almost as much these days Michael Jordan not quite but He's on a level that very few athletes have been affiliated with Nike in the past. And that's because they've stood behind him. They've advertised in his favor. They've said that the steps that he took when he was on the football field kneeling the national anthem basically equating that to courageous I step on his part now. Recently the companies had to be very mindful of the the fact that not everybody clearly likes kneeling during the national anthem. They have a broad customer base and they need to be able to play in both the arena of understanding the sensitivity of of the part of its firebase. That doesn't agree with that. But the fact that most of its most loyal and passionate buyers will back Colin Kaepernick and so they've had to make business decisions that you know sometimes isolating ostracized. Part of. It's it's it's buyer base in order to continue to the edgy and continue to be progressive and continue to look like it's on the social edge versus being behind some of these issues so recently with a with a tennis shoe that Colin Kaepernick thought was offensive. The betsy rush you they. They had to pull that from the market again. I think it was about fearing backlash on social media. It wasn't worried necessarily worry about getting hit with boycotts and things like that. I mean social media is so powerful right now and. CEO's are are clearly very aware that they can be criticized heavily in a heartbeat. I'm talking with John. Stole of the Wall Street Journal Moving on here John. There's also a different kind of pressure. The rise of the Fang companies facebook Apple Amazon Netflix. Google the five most popular tech stocks out there. They've developed lt normal power. Can you tell us about their influence on business decisions. Yeah I think it's fascinating to talk about the in the in the context of the last decade or decade. Plus if you think think about ten twelve years these companies not apple necessarily but Amazon for sure facebook Netflix spotify. You go down the list of major her tech disruptors major tech companies which almost every customer now interacts with ten twelve years ago these companies were in their infancy. We didn't know the kind of influence they were going to have on marketplace or even a technology much less overall American life. Today they're ubiquitous. Everybody has netflix. Everybody streams their music. rarely early. Do you see physical copies of movies. And CDs and items like that. And meanwhile there's an increasing number of people shopping online through Amazon or now through their competitors every CEO has had to respond faster than they ever thought they would to these disruptive forces I had a session with number of CEO's last this week in Washington where some of these companies have very little technology built into the way that they do business they make nuts and bolts or which it's washing machines and things like that they aren't high tech features but they realize that it might be in the way that they talk to customers. It might be in the way. They manage their supply. Chains Fang. These facebook Amazon Apple Apple Netflix. Google had changed the way that just central businesses done. And I'll just give you a quick example if you think about Amazon and what we know them for which is an online bookseller now and online good seller their money machine is cloud computing and that is a completely different animal than what we associated Amazon with fifteen fifteen years ago but they've just changed the way that we store data and we moved at and Microsoft and IBM old blue chips have had to catch up. So you see this every day. Every every headline in the Wall Street Journal it seems that these companies are influencing the day to day business decisions across industries and across the company. What about artificial intelligence the mechanization tation of basic tasks? That's beginning to change. The makeup of the workforce as employers our companies had to adapt. Yeah this is. This is the megatrend to watch. I think for one employment base. The workforce is getting older. People are are waiting longer to get into the workforce because they're going to college longer. What have you and so the the basic complexion of who will worker is and what their skill set is what their mentality is is changing in walks artificial intelligence? We are not new to the story of automation. The Nineteen Eighty S and nineteen ninety S. A lot about the robot plants and making sure that you had as many robots as prudent to take out a lot of the human capital and increase efficiency. Now we're in an age when you know again much like the conversation that we're having about Amazon or facebook and they're they're they're wide influence over business artificial intelligence and the ability liberty to manipulate collect and analyze and apply data to the basic business operations of what you do it's table stakes if you're not using data whether it's customer data or logistics data or employees data your going to be caught short against competitors who are probably more nimble. They may not have as much capital but they're able to use artificial intelligible use the machine learning to create a better mousetrap. Now on the employment side I think this is about making workers better. I've done a lot of work on talking with employment economists who see a changing but not necessarily a shrinking workforce United States and if people are going to get older they're gonNA need more automated tasks if workers are are in general older if the workforce is more fifty five twenty five. You're GONNA need tasks where computers are really assisting in aiding being and keeping the momentum going where the people are further removed from education or further removed from their early even their prime years. You're going to see artificial intelligence. It's come in and do a big job there today. I think we're still in the early innings the very early innings of this. We hear a lot about automation in like an Amazon logistics. Six warehouse. Where you hear a lot about automation at Tesla? I've been to the Tesla plant. There are still thousands of people working and that doesn't mean that they're going to be replaced but the ability to efficiently recently moved products through a production system or through a supply chain. I think this is going to be over the next ten years. We're going to be having a conversation. Twenty thirty about rapid development and and major development. That's happened in that area over the decade to come John. It used to be that. CEO's could set a five year plan and work toward that goal with new technology advancing so quickly quickly in the public essentially reacting in real time through. Social media is a five year plan really possible anymore. It doesn't feel like it is and I think I think there's a couple of things that CEO's have told me Whether it's ingenuity ran Pepsi for many years or even Carlson running Houdini a small manufacturer of clothing and I talked to folks who are in the financial industry and a couple of do things are changing the ability to really look out five years because you had this kind of expectation on. CEO's many years ago to set out that five year plan then go meet them it could that'd be profit it could be revenue goals. EPS Return on capital investment. And that stuff. That pressure doesn't go away but it is becoming more difficult in one of the factors that is making it more difficult. Is this rapid change in technology. You really don't know what's going to happen in twenty twenty in terms of the rate of advancement and the size of innovation vacation. So Yeah I think ubiquitously I've got CEO saying it is very difficult to look one year out much less five. It doesn't take the pressure off. And they have to do it. But but boy you better be ready to rip those plans be Nimble and be responsive to consumer who are seemingly constantly demanding faster and better productivity out of their companies. This I guess this is related from where you sit right now. What do you expect that the biggest challenges will be for CEOS going into the next decade nature is for CEO's? I used to say talent there. Always is this concern about particularly with companies. That have big workforce's are they going to be able to staff them with types of people both in the C. Suite and white collar level and the blue collar level with folks that can come up with new ideas and execute on new ideas below. That is going to be the thing that we talk about with trying to resolve uncertainty. Uncertainty doesn't go away but with these inputs of of trade wars and sort of this regulatory guessing guessing game. That's going on. Those are things that will eventually become industry changes and so the companies that actually begin to adopt adopt new strategies new ideas new products companies. That we don't even know about today could be the next Amazon's the next facebook's next next one to ten I know Wall Street Journal reporter. John Stole John. Thanks a
"tesla plant" Discussed on Bloomberg Radio New York
"With them. It's gotta be right. It's got to include agriculture and so forth. He's been extremely cooperative. Japan's finance ministers expected to meet with US Treasury Secretary tomorrow in Washington. Well, m-mad China's a thirteen trillion dollar bond market is shaping up to be one of the big winners from the US China trade wool. Bloomberg's David English has moral mash, it's one of the less obvious beneficiaries to a resolution in the trade dispute. China has already chalked up record inflows into its local currency debt market. And now another hurdle might be about to fall if the deal actually goes through, and that's the provision on a stable you want exchange rate that would clear one of the biggest concerns for investors who want to add Chinese to their portfolios to Kong at Matthews Asia says a trade deal can only be positive for bond inflows into the mainland market. In Hong Kong. I'm David English. Bloomberg daybreak Asia. Well, Facebook shares gained about seven and a half percent in the US after hours session at shafter revenue rose better than expected twenty six percent user growth matched estimates. But Bloomberg's Selena Wang says that Facebook is also setting aside three billion dollars. That's because of an investigation by the Federal Trade Commission profit would have been when point eight nine dollars a share topped estimates. But with that money set aside earnings per share with far less than analysts had expected. Facebook also says some of its fastest growth is now in developing countries, and that's not as profitable as back home. Well, tesla reported a loss twice the amount expected by the strays on the positive side, tesla plants live between ninety and one hundred thousand vehicles these quota, and it expects to return to profitability to by quarter three. We spoke with avenue fund set the chief investment officer at Tigris financial. He says tesla may be getting ahead of itself. Tesla.
"tesla plant" Discussed on 760 KFMB Radio
"Twenty three and a half past the hour on first light, Monday morning money. Asian stock markets were mixed in their first day of the week trading. European markets open mixed and US stock futures lost ground in the early morning hours business reporter, Tom Busby. Also watching Wall Street. Good morning, Tom. Good morning, Michael. It's a new week on Wall Street. Stocks have been on a roll moving toward new all time highs, the NASDAQ and the s&p five hundred ending higher four weeks in a row over as a new feature to make sure writers get into the correct vehicle. That follows the death of a college student who got into the wrong car riders will get a notification that includes the driver's name photo, the vehicle make and model even a license plate. Tesla. Plants the show off its latest self driving technology today. We also get a look at the strength of the spring housing season with sales of new homes for the month of March and today's Earth Day celebrated in nearly two hundred countries to promote environmental awareness. All right. Thanks, Tom Busby. Kevin car is with us now or happy Monday morning, Kevin. Now, you've seen this new movie called the cursive, lia- Rono. This is the story of that old Mexican folk tale. About a ghost of a woman who drowned her kids in a river. She cries for them causing this fortune everywhere. She goes, well, it has fortune to simply because it's part of the conjuring universe. And it's a that's gives it something the hang its hat on something to connect to. You've got the conjuring and Annabel all this stuff kind of swirling around these do very very well at the box office. And so they're doing another spin off takes place in nineteen Seventy-three, Linda Cartolini plays a woman who's a widow and she's got two children, and they are being targeted by law. Your own who's ready to try and take her children away from her? It's not as complex as the conjuring movies. It doesn't go in as deep, and it doesn't have as many twists to the characters. But that's okay. Because it is kind of just a simple story of a ghost going after his family, and you have the very normal tropes that you see somebody coming in to help with the somewhat of an extra system. You've got spooky moments. You've got jump scares. You've got. Dark corners. You've got music stains and screaming and ghostly hands and everything. So if you enjoy that kind of stuff, that's what's going to draw you to the curse of lawyer on the I think that's what they're looking for. Because I looked at the trailer, and it was two minutes and thirty four seconds of nothing, but people jumping because things are jumping out at them. And to be fair. That's about kind.
"tesla plant" Discussed on KSFO-AM
"And he had a gun, and you didn't know how to help him. But there is one thing you can do remove the gun for now. Eighty five percent of suicide attempts with a gun or fatal. But without a gun less than five percent of suicide attempts are deadly. You can't always stop someone from hurting themselves. But a red flag order can temporarily prevent loved ones from accessing the most lethal form of suicide until the crisis passes giving them a second chance to get the help they need to learn more. Visit one thing to do dot org. Paid for by everytown for gun safety support fund now checking K guess F O traffic in Fremont, eighty northbound at the south Fremont boulevard off ramp reports of some kind of fire could becoming from near the tesla plant through this an old grade six eighty northbound between Sherman wrote in and draw day completely closed at least for a few more minutes as they are doing some scheduled roadwork should reopen shortly though, eighty northbound between twenty nine th avenue twenty-third avenue one of the four lanes in the northbound direction remains shut down as Cal trans does. Some work through the mon- pass five eighty westbound at grant line of bumper in the fast lane, no metering lights on the bay bridge. A high wind advisory though is in place there as it is on the San Mateo bridge with K SFO traffic. I'm Mel Baker. You're listening to Bob tandem in the garden on talk radio five sixty ks..
Tesla starts hiring for new $2 billion Shanghai plant
"Challenge, from democrat, Danny O'Connor looking someone in the eye on their doorstep here in. A restaurant I'm asking them what they're worried. About them it's, policy issues bread and. Butter stuff they talk about the trial. Against President Trump's former, campaign chairman Paul Manafort is continuing today, now legs, Andrea Virginia manafort's former, business partner Rick gates is on the stand for the second. Straight day And once prosecutors are done with him defense lawyers, will likely, post some tough questions the Mendocino complex fire in northern California is. Now in the record books as the largest. Wildfire in California, history it's chart two. Hundred ninety thousand acres so far with. Only thirty four percent, containment the first wave of US sanctions, on Iran, since the two thousand, fifteen nuclear agreements are in place Tom Roberts NBC News Radio While President Trump continues to push his America first agenda one American, automaker is, preparing for a huge project elsewhere tesla has begun hiring for a huge project. In China the automaker is, reportedly making preparations to build a two billion dollar plant in Shanghai they posted job openings for the project and hope to begin auto production two years after construction begins the plant would, double Tesla's global production totals and would. Be the first tesla plant outside of the United States mills Infor NBC. News Radio older Americans are increasingly turning to bankruptcy to help alleviate, their financial burdens reduced income increased healthcare, costs, and a lack of savings are all. Issues that are fueling the increase new research from the consumer bankruptcy project shows that those over sixty five are. Filing for bankruptcy at a rate three times more than thirty years ago and those nearing retirement age are also filing for bankruptcy in larger numbers the study points to a shift of, financial risk, from government, entity These. And employers to individuals who.