Dance i hope you dance good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan at the New York Stock Exchange jon fortt is live on the ground in vegas covering ces 2020 for us more from him in a few moments we begin with tesla and elon musk in china, the stock opening at an alltime high. Eunice yoon has more elon musk definitely showed his enthusiasm for the Chinese Market and perhaps investors are taking a cue from that today musk did a little dance at a shanghai event which marked the delivery of teslas model 3s made in china to ten customers, to the general public, for the first time he also made several announcements saying that for the model y production would begin for this suv in china. He also said that the model y demand he believed was likely more than all other tesla cars combined he sees future models made in china at this factory and aims to open a Design Center to create an original car for the global market. The plan is to raise the Product
and had promised as a benefit of leaving the european union. here s our global trade correspondent gharshini david with an explanation of what this means for britain. all hopes of that full trade deal which would have covered about a sixth of the uk puzzling over seed trade with the rest of the world with frankly some time ago because it was clear that the joe biden administration wasn t interested in pursuing that end and instead they have been noises for some time that we might get something that was more about an alliance against what was seen as external threats to economic security and also furthering ambitions of net zero. while this might seem like a bit of a pick and mix trade alliance if you like, little bit sheer when it comes to talking about protecting supply chains and a little bit here about making it easier to swap data between us and american firms and a little bit more here about green energy and nuclear. it s actually very much tied together and looking a
for a new age a kind that has never been agreed before that s how uk prime minister rishi sunak is billing the atlantic declaration he signed with president biden at the white house on thursday. it promises cooperation on advanced tech, clean energy and critical minerals. but it falls far short of the comprehensive free trade agreement with the us that the british government has been hoping for, and had promised as a benefit of leaving the european union. our north america business correspondent michelle fleury has been looking at the details. gone was the mention of an all encompassing trade deal promised in the wake of brexit. in its place, a commitment to co operate on defence, trade, a deal on data protection and ways to regulate new ai deal on data protection and ways to regulate new al to ology. the uk prime minister failed this approach is a better response to the challenges the two countries face. . ., ., . challenges the two countries face. ., . ., ., , , face.
But you did notice it was cooler for sure. Its chilly. Yeah. Rosemary is here to talk about your weather. Getting you ready for a tuesday. Rosemary. Yes. Good morning to both of you. A little bit of a chill in the air giving you a live look here over lake tahoe where you can see the snow capped mountains. Still at this time. And talking about a chill lake tahoe this morning, 38 degrees, but going to 70 in the afternoon. And with all that blue sky hard to tell that there may be a thunderstorm or two in the lineup for the afternoon over areas of lake tahoe today. Meanwhile, here at home, we are waking up with the gray skies over most of the coast as well as our bay side communities. 51 degrees right now in San Francisco, concord enjoying sunshine at 53 as well as oakland for your afternoon. Temperatures are going to be very much a seasonal for our coast as well as our bayside communities. 70 for oakland today, but our inland communities going to be a bit warm. Low 80s in santa rosa, live
I am olivia sterns. This is the pulse. Muskg up this hour, elon is betting the big and how he hopes the new model s will help the year. Span. Take you for a world cup kicks off in three days. Is brazil ready . Why the nation is not up to speed. That is later on the pulse. In the meantime, the top story. Jeanclaude junckers candidacy may be smothered today. David cameronand and dutch Prime Minister are in sweden to discuss who will take job. Us top hans nichols joins us from berlin. Junckers won the most seats in last months european elections. Can he waited it out and hope it will come to him . For the politicians are getting their Heads Together and it will be tougher . He cannot wait it out. Time is not on his side. Moreonger he waits, the opportunity for a replacement, additional compromise candidate. Christine lagarde said it would not be her. When you hear from the british and they are leaving this antijuncker charge, not so subtly, they really want to have a female and that top j