Another twist in the 2014 yahoo hack. U. S. Officials blame russian intelligence. Elon musk needs to raise 1. 15 billion to bring his model three to market. His believers could hardly be happier. Tesla shares rose on the news. Elon musks purchasing 25 million of common stock. The tesla model three is set to begin production in july. We caught up with a bullish analysts and bloombergs david welsh. Analysts are skeptical. We were still hearing that he will have to go back and get more money. One possible explanation is it will be a soft launch of the model three. They will be building production more quickly next year, when they need to come back for more money. Maybe early in 2018. Jamie from consumer edge research, are you convinced 1. 15 billion is enough . They are burning like mad. We saw almost 1 billion. Thank you for having me. I dont think it was enough. Im surprised it wasnt a bigger transaction. There is a lot of positive sentiment among the Investment Community looking ahead
First, our lead story. Elon musk needs to raise 1. 15 billion to bring his model three to market. His believers could hardly be happier. Tesla shares rose on the news. Elon musk is personally participating at purchasing 25 million of common stock. We caught up with a bullish analyst and bloombergs david welsh. Analysts are skeptical. Yesterday, after this, some think hes still going to have to go back and get more money. One possible explanation is it will be a soft launch of the model three. In other words, later in the year, we will not see a lot of production of the car, so they will not be building it so rapidly. They will be building production more quickly next year when they need to come back for more money. From the analyst perspective, jamie from consumer edge research, are you convinced 1. 5 billion is enough . They are burning like mad. Thank you for having me. I dont think it is enough. There is a lot of positive sentiment among the Investment Community looking ahead to the
First, our lead story. Elon musk needs to raise 1. 15 billion to bring his model three to market. His believers could hardly be happier. Tesla shares rose on the news. Elon musk is personally participating at purchasing 25 million of common stock. We caught up with a bullish analyst and bloombergs david welsh. Analysts are skeptical. Yesterday, after this, some think hes still going to have to go back and get more money. One possible explanation is it will be a soft launch of the model three. In other words, later in the year, we will not see a lot of production of the car, so they will not be building it so rapidly. They will be building production more quickly next year when they need to come back for more money. From the analyst perspective, jamie from consumer edge research, are you convinced 1. 5 billion is enough . They are burning like mad. Thank you for having me. I dont think it is enough. There is a lot of positive sentiment among the Investment Community looking ahead to the
Top shareholders. Chinas biggest coal miner jumped the most in eight years. 3. 6 billion dollars last year. The news was flagged in january but investors were surprised the dividend. It says that will be maintained in the foreseeable future. Mobileme, 24 hours a day, powered by more than 2600 morealists and analysts in than 120 countries. This is bloomberg. Let us take a look at the justts, afternoon trading, an getting underway. Hang seng up. 6 . Shanghai is relatively unchanged. Shenzhen down. 1 . Caroline i am caroline hyde. This is the best of Bloomberg Technology, where we bring you all of our top interviews from this week in tech. Coming up, elon musk is looking for money. He is out to raise 1 billion to bring his model three to the market. Plus, intel hit the ignition switch on its dream for the driverless car with its 15 billion acquisition. How mobileye went down. Another twist in a massive 2014 yahoo hack. U. S. Officials blame russian intelligence. First, to our lead. Elon m
Weekly tracking poll. Libertarian gary johnson gets 8 of likely voters, with the green partys jill stein at 4 . In a headtohead matchup, clinton leads trump 5143. Magazine is endorsing Hillary Clinton for president , the first time the fashion bible has endorsed a president ial candidate. The editors wrote we understand clinton has not always been a perfect candidate. Yet her fierce intelligence and considerable expense are reflected in policies and positions that are clear, sound, and hopeful. In belgium, authorities have indicted for people on terrorist activities including financing and recruiting fighters for the Islamic State in syria. As many as 15 people were detained earlier during searches in three cities. Photo Prosecutor Office says no weapons or explosives were found during the searches. And the u. S. State department is denying any involvement with wikileaks founder julian us on angeng in an julian ass losing Internet Access at the Ecuadorian Embassy in london. Secretary o