Stock court rules products made in israeli settlements destined for europe carry the made in israel label. Ive been fizzling placed to business tesla is set to build its 1st european factory on the outskirts of berlin c. O. V. The mosque announced the plan at an awards ceremony in the german capital for the new gigafactory will produce vehicles power trains and batteries must says tesla chose germany because of the countrys reputation for engineering prowess the new plant will create around 10000. 00 new jobs and will be faced if the linz new home till late portion. Of my colleague rob what is following this along with our financial correspondent chelsea de laney rob starting with you did anyone tell musk about that airport stuff up when it appears he does know about secrecy crux of the little joke about. He said that that construction project will have to happen a little bit quicker than the apple because its 13 is since they started building but im probably going to get well that see
Good thursday morning. Welcome to squawk alley. I am Carly Fiorina with Morgan Brennan and jon fortt. A busy day of earnings, some tech, some not to sort through today, microsoft, paypal, ebay and others on the tape two biggest movers going the opposite way, tesla is surging, twitter is tanking Julia Boorstin and phil will he be lebeau is with us. This is a stock having a rough day, one of the worst days ever as a public company, on pace for the worst month since july, 2018 shares down almost 19 lower despite growing the user base to 145 million active users. The reason it is tanking, revenue and earnings fell short of expectations as technical issues keep them from Fourth Quarter ads. Jack dorsey looked to reassure investors. Unfortunately we had some missteps in our map ads in july and august despite that, saw strong september results and good advertiser momentum. He stressed the commitment to clean up the platform and eliminate abuse. 2020 elections and integrity of the conversation
Defensive nature mike hanna aljazeera washington. Army well the head of irans revolutionary guard has warned that any country that launches an attack will become a battlefield zain he has more from a new exhibition which is showcasing Iranian Military night. 2 of the senior most figures in the Islamic Revolutionary guard corps were in attendance at a new military exhibit at the hands war museum the head of the i. R. G. C. Hussein salami and the head of the Aerospace Division i merely hide zazi both on hand to unveil an exhibit titled hunting vultures the vultures American Drones hunting them a not so subtle point that iran is no longer on the defensive when it comes to securing its own Strategic Interests in the region calling up a victim of the yes attack the bitter reality is there is american aggression into our land but the sweet reality is that there drones have been taken down this means that men under sanctions were able to take down examples of american might what were your dro
A new trade agreement with a night of states this week one that notably did not address u. S. President donald trump past complaints about a legit unfairness in terms of u. S. Japan trade on cars and auto parts the decision to accept some modest incremental progress for now leaves the auto issue to perhaps be revived in the future depending on the increasingly impulsive u. S. President here to situate that news and. The world is the car coach lauren fix welcome back lauren 1st thank you and yeah 1st on this many deal on trade thats sort of sets aside the 2 issues the japanese Prime Minister says the President Trump assured him that he will not carry out the threat to impose 25 percent tariffs on japanese exports to the u. S. But with mr trump becoming increasingly erratic you have to wonder how much that pledge is worth is this deal just pushing off a fight until later what is the new status quo on ottos between the u. S. And japan and how long will it hold. Well i think what were look
Progress for now leaves the auto issue to perhaps be revived in the future depending on the increasingly impulsive u. S. President here to situate that news and. The world is the car coach lauren fix. Welcome back lauren 1st you know 1st on this mini deal on trade that sort of sets aside the 2 issues the japanese Prime Minister says the president trying to shore to him mr b. That he will not carry out the threat to impose 25 percent tariffs on japanese exports to the u. S. But with mr trump becoming increasingly erratic you have to wonder how much that pledge is worth is this deal just pushing off a flight until later what is the new status quo on autos between the u. S. And japan and how long will it hold. Well i think what were looking at is a negotiation were trying to get them to purchase more of our goods and services and in japan on the other side theres a 2. 5 percent tariff on all vehicles and auto parts coming into the u. S. You know we do have a very large percentage of our v