a very good morning to you and welcome to your new day. i m amara walker. i m phil mattingly. a marathon session is under way. lawmakers pull an all nighter on capitol hill as democrats push toward final passage of the president s economic bill. we ll take you live to capitol hill for the latest. plus, albuquerque on edge. the fbi investigating the killings of four muslim men. and authorities trying to figure out if the same person could be responsible for their deaths. and lucky to be alive. that s what one source says about actress anne heche after she was involved in a fiery car crash. we ll have the latest on her condition. and the battle between twitter and elon musk heats up. now the tesla ceo firing back in a new public filing against the social media giant.
order to raise the cash, the $44 billion twitter bid. he did lose the first round in the twitter trial in the delaware court. it will be a five-day trial in of course. some say look, if he gets to walk away from buying twitter, he has to pay a few billion in damages, maybe the $1 billion breakup fee that is a plus for him. he will have extra cash with the selling of $10 billion of tesla stock last year just in case for the $44 billion deal. there s been an overhang on the stock, neil, about $100 billion or so to roughly around $100 per share because of the unknowns of this twitter deal. eventually he will have to sell more tesla stock to raise more cash for more loans in order to complete the purchase. i ve always wondered whether that was the reason, the collapse in that stock. a lot of other technology stocks, the currency for his deal might have had some role in
will elon musk be on it? he said he won t be on every quarter. he will be asked about twitter as well. 600,000 cars in the first half of the year and tesla is still gunning for 1.45 million vehicles to be made this year. they have to have a stellar back half of this year, the last six months, in other words to get to that guidance. neil: great overview, susan. it s been a rough week for the world s richest man. think about it. you know, the twitter battle not withstanding and a delaware court judge saying we re going to have this court case litigated in october. we re going to speed it, which is what twitter wanted. and then these troubles with foreign and asian production. it s been rough. they re s the thing also that we re talking about tesla, the fact that he has to sell around $10 billion. $4 billion more this year in
him walking back. we ll never know. you know, tesla stock is down 30% this year. if we see the first we might see the first stock decline in tesla since 2016. some say if he didn t launch this twitter bid, we wouldn t be here. you never know. neil: never know. he could say, well, look what is happening to the other technology companies. wild stuff. great reporting, susan li. if you don t get fox business, you should get it. it comes in handy, especially on days like this. all right. comes in handy to hear from the house majority leader what he makes of what the president wants to do right now to take some climate action. some say the timing is interesting, but his proposal is not. steny hoyer after this.