A ceo of ak to security firm. And lyft, peloton, all went public. We will have a recap of it all. Tesla shares said a new record high, 420. Elon musk claimed tesla would go private last year. Earlier today, he tweeted the stock price is so high, lol. Our bloomberg reporter. What is driving it for tesla this time around . Allrter the momentum is about china, taylor. One . 4t, tesla group billion from financing and local banks and much welcome cash injection. That built momentum from last week, where in november, new vehicle registrations for tesla in china hit a five month. Youll remember those vehicles are subject to a 25 import duty. If tesla can get that shanghai run up and running, they can offer vehicles that are more competitive priced, and the unit costs will be lower. They will be able to get deeper into the market in china. That is really where recent momentum has been driving the stock for tesla. Taylor i want to come and show a chart i am showing here inside my terminal. It i
Security firm proofpoint. And 2019 ushered in some of the biggest tech ipos ever, as pinterest, peloton, uber, and lyft all went public. Wework, however, stumbled to debut. We will have a recap of it all. First, to our top story. Tesla shares set a new record high and reached that infamous 420 mark. You will remember 420 was the price ceo elon musk claimed tesla would go private at last year. Earlier today, musk tweeted, woah, the stock price is so high. Lol. Joining us to discuss is our Bloomberg News reporter, ed ludlow. Another day, another record high. What is driving it for tesla this time around . Reporter the momentum is all about china, taylor. Overnight, tesla secured 1. 4 billion in financing from local banks and much welcomed cash injection. That built momentum from last week, where in november, new vehicle registrations for tesla in china hit a five month high. Youll remember those vehicles are subject to a 25 import duty. The logic follows that if tesla get the plant can s
Proved to be the new Magic Kingdom while the apple kingdom apple card cant shake its controversy. First its all about our top story, we work. Theyre set to face the securities and exchange inquiry into possible rules violation into the runup of its failed ipo. The agencys review was said to be preliminary and may not lead to an enforcement case. The company at one point was worth 47 billion dollars before it fell out of favor and needed a bailout from softbank. More outlets bring in congratulations on the story. What we know so far about the inquiry . An inquirythere is happening. It is early, preliminary, we dont know what might come of it. We do know that we work has taken steps to respond to it. They have hired who used to be the head of the Sec Enforcement Division who now works in private practice coming on to help them respond to this. This is also coming from the Sec Enforcement Division, the part of the sec you dont want to hear from. Although we dont know exactly what is promp
A march like we saw last week and theres been no indications of that just yet thats mainly because thats when the protest organizers can get more people out because theres no school and a lot of people dont work we havent seen anything about that and nor has the Legislative Council announce when theyre going to take their next step with this very controversial legislation that has brought tens of thousands of people out on the streets of hong kong houssam all right scott thanks very much. Mollys Prime Minister has declared 3 days of National Mourning for the victims of sundays attack on a village dozens of people from doggoned the doggone ethnic group were killed in violence between the medics herders and doggone farmers has killed hundreds of people in recent months more attacks are reported in the multi region Nicholas Hawk reports from the capital bamako. Barely visible mali and soldiers helicopters from the Un Peacekeeping force hovering over days after sundays deadly attack in Sec
Can only say that im very upset. Or be given this label that im betraying. I will not do anything that is not in the interest of hong kong i will not shy away from my responsibility in introducing a piece of legislation. We are very convinced of the justification said causing this. Public outcry and all of these 30 this it in this instance it. But sometimes as a political leader you cannot shy away from difficult decisions or score higher has more from hong kong. A much calmer scene here thursday around the Legislative Council building here in Central Hong Kong are still pockets of protesters small pockets of protesters around Police Presence still very heavy what weve seen the Police Action with the protesters on thursday a couple of searches we know that at one stage protesters were gathering some of the material they used on wednesday during those massive and violent protests zip ties and sailing solution to squirt their eyes once theyve been tear gas they were collecting that what