David cuomo confirming that he has in fact been working behind the scenes over the past weeks to try to lure the tech giant back to manhattan making a personal plea to jeff bezos, reportedly guaranteeing support for the project, support that they didnt have, from very vocal critics, led by congresswoman alexandria ocasiocortez that of course is the first time around the governor is saying today that there are other ways that the state can get it done that could bypass these critics and so far amazon has shown no sense that they will reconsider, after being driven out of town, at this point, is this just embarrassing . Should new york just let all this go . What do you think . Well look, i think its a little bit embarrassing but i can understand after the crime weve been talking about for a couple weeks how disastrous this was for the economy of new york. Its not a killer, but look, they gave up millions of dollars in potential great jobs, a boom to that part of the new york city which is a little depressed but ill be honest with you, amazon i walk away and stay away forever. This has proven to be a toxic environment and you know the game theyre going to play. They will be all nice now. They will wait until theres shovels in the ground. They will wait until theres a building up at amazon, cant leave and then they will exert their muscle. Just like, you know, they did it in the old days, the unions will come in and say to shut everything down and amazon wont have a choice. I think that where i agree with gary is that amazon will not come back, because thats the way a big company like this behaves. Theyve taken the hit. Theyve taken the heat. They will walk away and go elsewhere. I dont, by the way, fault cuomo for trying. I think hes doing what someone in his position ought to do which is to give it more than the college try which appears thats what hes doing. I like garys bronx reference. Now you cant leave thats what its going to be like. Okay andrew cuomo is going overboard with it. They lost it, the deal is over. Focus on the next deal you dont have to name the Brooklyn Bridge the bezos bridge. Get the next 25,000 Smaller Companies to get 1,000 jobs each thatll replace the jobs that are lost. Look, new york city needs to sell itself and it needs to be a place for talent and business startups. This is an established business. We dont need to bend over backwards like a place that doesnt have as much talent needs to do. That said the city needs to get politicians in line so the next deal and they dont lose those after they make a deal. That was an embarrassment, politically miss managed. We also want new york to be cool , we dont want like amazon is launching a new Grocery Store type concept in l. A. They have a lot of really bad Grocery Stores from the 70s that its making the city not live able for the talent. You want to make it a cool place like l. A. And San Francisco not this old city. You do, you do want to make it a cool place but look, Long Island City is in need of the investment, not new york overall but a part of it in queens could use the investment. Theres not much there and although amazon may not come back, if theres just a glimmer of hope if theres just maybe a chance, i think Governor Cuomo is try to try and negotiate a deal. David what kills me is its simple math. Ocasiocortez famously said we dont want to give amazon all its money. Well it was a tax abatement, a 3 billion tax abatement for 28 billion in tax revenue over the same period of time. A return of investment of 28 billion on 3 billion even if it was giving amazon 3 billion is a question whether that was a give or not, but i mean, cant they just do the math . Well you know the problem with new york is the rent is too darn high and taxes are too darn high for everybody and you cant just give one giant company very profitable and valuable a break while everyone else suffers and thats i think where a lot of the animosity came from and its deserved. Get more housing, get better transportation possibly lower taxes. David but they were promising some of that. Amazon was promising to do some of that. There was very little infrastructure related to this as people have no subways, the worst its ever run in the citys history and theyre talking heli pads, it pitched bad to the people who have to ride that horrible train thats always delayed under construction. The seven train i took it for a few years. They got to fix these problems and google is here its a very expensive place to be but the talent is here they want to live here and thats great. Focus on those kind of deals keep it a good city for everyone else. I just want to go back to adam he said he agrees with me ive never ever heard of that before so please, adam. Cant possible be true. David i think you two have agreed before. You wonder whats going to happen in the future though. I mean, you know, they have have a whole with aoc there a whole new regime the left which dominates new york city starting to dominate a good part of the metropolitan areas of this country, want to extract their pound of flesh even before these companies lay the keystone in. Gary, i think youre missing the point here, because seriously im going to start of take your earlier joke line seriously and play it out. The left, the unionconnected left, never would have done Something Like this, they would have if they wanted to take their piece of the action, they would have taken their piece of the action. They said no, we dont want your action. All im saying is right or wrong i think it was a stand. Well then they played their cards wrong. They should have won a piece of the action after amazon cant go anywhere. They played their cards too early. David they did. Thats the mistake they made adam you cant deny this city has a flakey mayor. With bloomberg this never would have happened. Locally there was always a progressive element in new york he could get a lot of business and a lot of deals done for the city that benefited everybody. Granted its a little more left leaning in these rising stars but the mayor david i couldnt agree with you more and now what killed me about this mayor is hes a complete hypocrite. He was one of the guys who wrote amazon in on the deal. He was talking about how great it was until ocasiocortez came and all of his left buddies and then he flipped completely 180 degrees and amazon became the worst enemy so if he flips again and goes with cuomo, correct me if im wrong, guys but i think that this is really exposed the socalled progressive or progress ever socialistic left for what they are, complete and utter hypocrites who assad am was saying they dont have the same sensibility that the moderate left represented by the unions used to have so i think this might, maybe not the far left in new york city, but at least exposes them raw, doesnt it . Well you could say that this mayor is playing with the temperature reading and i dont think she ever would have been behind amazon or gotten into when this mayor thought it was politically advantageous for his future career to bring jobs to the city, he would go that way and then all of a sudden thins shift and it looks like you want to be a progressive star and then he wants to play that card. Thats the Hillary Clinton mentality where youre taking surveys all the time. I dont think aoc operates that way and doesnt mean its good for the city but shes at least consistent people believe in that honesty. David but you see this list i dont know if we have a full screen of it but you see the list of the letter that went out to amazon. It was kind of down on your knees all these liberal democrat s, they now are called moderate democrats i guess, because theyre not socialists but this is the letter that went to jeff bezos and as you go down you scroll down to the actual names, the list is long a group of old powerful Democratic Leaders in new york, you could see part of it there. Some of them are in politics some are in business, but it includes people like jeffly meek s and others. I think this is war on part of these moderate democrats against the socialists who want to keep business out of new york. Who wrote the letter to ocasiocortez though . Thats the person you got to be in war with. Thats the ultra liberal wing that throws amazon out. Look, i think this is fun and interesting to try to pit these groups against each other. Not fun for us living in new york. Go ahead. David this group, the letter of it that you just put up, they are more than anything else, they want the business, theyre asking for the business that they lost. I dont see it as ideological. David so are you saying theyre dead though, politically dead that they dont have power that it wont amount to anything oh, no they absolutely have power, i mean, it amounted to the influence of not having 25,000 jobs in Long Island City in new york, so i mean, whether alexandria ocasiocortez has power or not she has influence. David when people are standing up for the new yorkers who want amazon to be here and after all its the majority of new yorkers that wanted amazon to come in they are now disappointed by their representatives, ocasiocortez may be getting a lot of headlines but if she keeps going against the will of the people doesnt she pay a price . I mean, in this case, shes a lot like donald trump. Shes very focused on her base, and shes consistent with, and i think as jonas said quite well shes not inconsistent in what her values and what her principles are, and its similar to what trump does. David well i would suggest that trumps success political success has a lot to do with what he has donald actually changing the economy, but im just throwing that out there, adam weve got to move on. Its my time to respond i understand that. David listen you cant argue with the job situation right now meanwhile, democrats pushing governmentrun healthcare without a price tag. Well speak with one doctor who says this is the only plan to fix dysfunction in the Healthcare System. Well debate him, coming up next universal healthcare, ending private insurance, you know 180 million americans use private insurance . That would be gone under some of these crazy ideas. Ive got to tell you something important. Its not going to be easy. Quicksilver earns you unlimited 1. 5 cash back on every purchase, everywhere. Actually, thats super easy. My bad. Our grandparents checked zero times a day. Times change. Eyes havent. Thats why theres ocuvite. Screen light. Sunlight. Longer hours. Eyes today are stressed. But ocuvite has vital nutrients. To help protect them. Ocuvite. Eye nutrition for today. But when i started seeing things, i didnt know what was happening. So i kept it in. He started believing things that werent true. I knew something was wrong. But i didnt say a word. During the course of their disease around 50 of people with parkinsons may experience hallucinations or delusions. But now, doctors are prescribing nuplazid. The only fda approved medicine. Proven to significantly reduce hallucinations and delusions related to parkinsons. Dont take nuplazid if you are allergic to its ingredients. Nuplazid can increase the risk of death in elderly people with dementiarelated psychosis and is not for treating symptoms unrelated to parkinsons disease. Nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. Tell your doctor about any changes in medicines youre taking. The most common side effects are swelling of the arms and legs and confusion. We spoke up and it made all the difference. Ask your parkinsons specialist about nuplazid. 32 trillion, putting these people into a Healthcare System medicare which is already going bankrupt in 10 years medicare for all means medicare for none. David that was louisiana senator and medical doctor bill cassidy on our show yesterday criticizing for the new push by more than 100 democrats for medicare for all. Governmentrun health care. A bill that would transition the u. S. Healthcare system into a single payer program. Were joined now by another doctor with a very different perspective, adam gaffney, president of physicians for a Nation Health program. Doctor, you have been quoted as saying accept no substitutes only single payer medicare for all can fix the grave dysfunctions and in justices of the american Healthcare System, but the cost would be extraordinary would it not . Well i would argue that the cost is already much too much. I mean, we spend twice as much as other countries with other high income nations. Were spending well more than we need to, and reality is that single payer systems are in fact less costly, more efficient so we can actually save money by moving to a universal Healthcare System. We talked on the show theres a lot of pieces why we spend a lot here Drug Companies advertising that are different than other countries but your doctor, actually on the doctor side you sign with a lot of doctors i read some of your proposals. The salaries of doctors in america is higher than everywhere else except maybe luxembourg and it means theyre doing more testing because a lot of their salaries are based on how they get the bill going up they get cuts of that. How do you reduce that salary to levels of other countries to make this work and also relate that to how doctors in america have to borrow all of this money they come out of school i have a client with a huge loan portfolio, the cost from residency only now starting to make money how do you transition to a lower pay rate than youd have in another country. Two points first the biggest savings in moving to a single payer Healthcare System is eliminating or reducing the enormous amount of waste in our Health Insurance industry. The overhead of private insurers is greater than 10 , traditional medicare closer to 2 so thats the biggest sorgum of savings and the second biggest source of savings is as you said high pharmaceutical costs we spend twice as much on drugs than other high income nations. But the doctor piece that you deal with how do you address that . Frankly you could move to a single payer system in an affordable way and still pay doctors roughly comparable to what theyre being paid now. Its not necessary, you can argue whether its important, its not necessary to achieve universal health coverage. Youre saying the cuts are coming out of the health care, the drug costs, the hospital side not the doctor side. And the administrative side is the number one. It doesnt have to. So dr. Gaffney thats where it sounds like youd get the bulk of how to pay for this. George Mason University study estimates that a Bernie Sanders type of plan would cost over 32. 6 trillion so to put that into perspective it nearly doubles the size of our already bloated federal government right now, so dont we need more than just cutting back on those costs that you just mentioned in order to pay for this . So that study that you mentioned, it actually estimated that overall healthcare spending would be well under single payer actually 2 trillion less over 10 years. Yes more of the money would be going to the federal government but overall as a nation even according to that libertarian think tank study we would be spending less an overall healthcare expenditures which is what people care about. They care about how much overall spending in healthcare. Also let me just add we also have major problems that we have to fix. We have 29 Million People uninsured in this country. We have 44 Million People who are under insured which means they have insurance but theres gaps in the coverage so big as if they arent insured at all. 35 of americans go without needed care due to costs. I would argue that that is un affordable. This is Adam Lashinsky in San Francisco. Im going to ask the doctor a political question. Everything you have said on this program, so far, makes 110 sense to me. Its like brain dead obvious to me that everything youre saying is right. What do you think we have to do to get the people who dont see it that way, to agree with you . Well first of all a majority of the country already does agree with us. Every poll shows greater than 50 support from medicare for all, a poll late last year found 70 support. They dont know what that would entail. Even 50 support for republicans, so i think people love this idea, people dont like private Health Insurance very much they dont ticly like cigna, united health, they could careless if they no longer have those companies covering them but what they care about is who they can go to as a doctor, where they can go to in terms of hospitals. They care about their doctors and hospitals and drugs they need. They dont care about the private Insurance Company that happens to be their coverage. If the hospitals and the doctors all, if the hospitals go out of business and doctors all just no longer work because theyre not getting paid below marketrates it says will cut their pay by over 40 , i mean, then where are you going for care if that happens . Many nations have done this, none of them have had their hospitals close or their doctors flee. David thats not quite true, doctor. Its not quite true in the United Kingdom where there have been hospitals closed down. I would just add specifically one thing about the United Kingdom, a country i know very well because my wife was there for a month after a stroke that she had and supposedly the best brain Care Hospital they had, queen square hospital. It was filthy doctor, i was there for one month every single day. The equipment was falling apart. The medicine were inadequate to the diseases. The penicillin resistant diseases that all of the patients around my wife ended up getting led to some deaths in that ward. How can you guarantee that our quality of healthcare wont go down the way it has gone down in Great Britain as a result of their socialized system. I think theres three points id make. First of all i cant speak to your experience but overall the Healthcare Systems of these countries are quite high quality overall. They have higher life expectanc ies than we do. Lower infant mortality. David the number of penicillin resistant diseases they have in the United Kingdom is much greater than it is here. Much greater there. Ive been at multiple hospitals in the United States. These are problems that exist everywhere i cant speak to your experiences and im not trying to invalidate them but overall these nations achieve better results with less money. In fact in the uk people love their Healthcare System its like a national religion. David hold on a second gary go ahead. Dr. Gaffney first of all you were damn with think praise by adam if he was true to his word he would have been 125 behind this. [laughter] once youre over 100 why not ill take it. But here is my question. I am obviously going to be the opposite of adam on this and my question to you is why cant the free market work . Ill give you an example the only area inflation in the medical community where prices have actually come down is the only area where the market is allowed to work and thats plastic surgery. I would argue that the medical market is basically a monopoly or an ollie gop oily in that the market cannot work at all. Doctors like yourself cant advertise, i cant compare price s i cant go into a hospital and know what im going to pay before i go out if the market could work like it does with auto insurance, theres no one out there that lacks for auto insurance, no matter if theyre willing to pay for it. Why cant we do that in healthcare, why do you want to go to some centralized soviet run medicare for all that you know is going to be inflated cost . I dont know that itll be an inflated cost but a lower cost. A true free market in healthcare is something that no civilized nation would ever accept. You have people literally dying on the street because they couldnt afford the care. You cant have a free market in the healthcare when you think something is a right that everybody should have that people should have healthcare by virtue of being a human being that you cannot leave it to the free market that means that people who can afford it get it and everybody else suffers. I work in an intensive care unit ive seen people come in with life threatening complications because they couldnt afford care because they didnt have insurance. I dont want to see that any more and we need as a nation to decide that thats not going to be acceptable. Youre making a really strong moral argument. How are you going to get a million s to take a pay cut because a lot dont want to take medicaid or medicare because its lower reimbursement rates and they dont even take insurance at this point. How do you get so many to take a pay cut. Again, you can achieve hundreds of billions of dollars in administrative savings and pharmaceutical savings you actually dont need a major cut in the salaries of healthcare workers in order to make it happen. David one point of order the last inspector generals report of medicare showed theres a 10 waste in fraud not 2 that would add up to 60 billion a year, but doctor please come back again and we appreciate your point of view and arguing it here. Thank you for having me. David a rebel at apple Shareholder Meeting tries to get the company to admit its ideological bias. Were live in cuppertino, california with an update, coming up next. This is loma linda, a place with one of the highest life expectancies in the country. You see so many people Walking Around here in their hundreds. So how do you stay financially well for all those extra years . Well, you have to start planning as early as possible. We all need to plan, for 18 years or more, of retirement. I dont have a whole lot saved up, but im working on it now. I will do whatever i need to do. Plan your Financial Life with prudential. Bring your challenges. Ok look, if youre not the lead dog, the scenery never changes. Thats why this is the view for every other fullsize pickup. And this year, its deja vu all over again cuz only the ford f150 with its high strength, militarygrade Aluminum Alloy body gives you bestinclass torque, bestinclass payload. And you got it, baby. Bestinclass towing. Still leading the pack. This is the big dog this is the ford f150. It doesnt just raise the bar, pal. It is the bar. Im begging you. Take gasx. Ed beneath the duvet your tossing and turning isnt restlessness, its gas gasx relieves pressure, bloating and discomfort. Fast so we can all sleep easier tonight. David apples board of directors facing a challenge from an activist shareholder today claiming that the company lacks political diversity, and that it is a major risk for shareholders. Lets go straight to susan li shes outside the annual Shareholders Meeting in cuppertino, california a lot of action but lets focus on this what are the details, susan . Yeah, so it was supposed to be a Shareholders Meeting taking place here, outside the 5 billion apple campus in cuppertino, california. They did a bit of that. We did have a lot on the agenda today including approving the eight member board so yes, bob i ger is still there, tim cook, andrea jung formerly of the avon , the cosmetics company, and others as well but then really diverse diversified into a discussion about political view a 100 minute presentation on stage with tim cook taking a q a at the end of it and 30 minutes of the discussion really circulated and focused on this discussion of political views and whether or not theres an acceptance of different political views here in Silicon Valley. There was a controversial shareholder proposal that was voted upon today overwhelmingly rejected by 98 of shareholders, but what this proposal wanted was to have the board nominees basically tell everybody where their political leanings were, and then we had questions to tim cook, being asked again, what happens about conservatives that work at apple who feel their voices cant be heard and wont be accepted. Well tim cook says that look, you know, we are not political, we want, we dont want to polarized world and were open to different views and have this person come talk to me. Now lets not talk about the actual shareholder proposal and that conservative activist group that made this proposal and was accepted at this Shareholder Meeting needs to be voted upon that was already a success, and the sec, to try to block it and now there is ample evidence of the company and Silicon Valley generally operated in hedge money that conservative people, thoughts and values and as i mentioned again tim cook says that is not true. We havent donated one penny to any political campaign. Susan this is Adam Lashinsky im up in San Francisco welcome to california im sorry it wasnt former for you this week. Thank you. Look if its freezing where youre coming from, right . What i think is so interesting about this is that first of all, this is completely irrelevant to the business of the company. That said, this guy is basically right and tim cook has all of these extremely liberal views which are generally very popular at apple so what was the reaction in the room when he said well were not political, we would never be political. Well, he says were not political, we are capital itses but he does point out that we are proimmigration and we are let me get this right, pro environment as well, so i think he kind of hedged it a bit there are obviously liberal views especially in Silicon Valley, but as we know, tim cook savvy ceo of one of the Largest Companies in the world, so i think he actually i think hit the right tone when it comes to balance between both sides. Susan, jonas fare us here. Theres definitely a crazy bubble here with the space ship behind you that costs billions of dollars and they are controlling more of what everybody thinks and i see how everybody is staring at their phone all the time and your date on it, and your whole world surrounds around a world created by this one company and did that come up the power that they have over our behavior . Everything from sleeping to health, is that did that come up they dont want to talk about that when they talk about conservative versus liberal. Well okay, given that it is a Shareholders Meeting and they want to of course i would imagine want to increase shareholder value in the company and the stock holdings, you know , i think apple probably wants to control every aspect of your life, because they talked a lot about wearables and how theyre increased by 50 in sales last year and will push more into health and wellness and read your ecg reading so they can read your heart rates, et cetera et cetera, so i think apple in a business sense they really want to control more of your life more of your entertainment as well because they are talking about services being really the bumper for the company in the face of slowing iphone sales. Susan i do think thats where apple is headed since theyve really reached a point of saturation in their iphone sales and the Services Segment so for shareholders there in that meeting, there are rumors that apple is unveiling a fold able phone, or perhaps it can fold in thirds with a flexible screen, i mean, i dont know if you remember i love the flip phone. That way you dont accidentally hang up on anybody, or pick up a call that you may not want to, so any clarity on what apples doing with their new product regarding the iphone . Okay, i think youre talking about the foldable phone trend that we saw from huawei which offers that, 2,600, thats a pretty premium price and also samsung unveiled the first basically consumerready fold able device and thats selling at 2,000 as well, so we did have Goldman Sachs coming out ill tell you this it looks like apple and others at least when it comes to lenses and the camera displays they are about two years behind samsung so i dont think apple is ready to be honest to be coming out with a foldable phone in fact i think they are behind when it comes to 5g releases as well. Im going to throw this out there for everyone just to think about. I find it in going back to susan s original reporting, i find it disconcerting that even some of these, i think that its fine that the questions are coming up to cook about diversity and the political views, but i find it kind of disconcerting i think american businesses taking a track down the wrong road here, that they have to be so politically correct. If im a shareholder all i want apple to do is make as much money as possible. If im a customer, i just want apple to be as productive for me as possible. When they start having to worry about their political views, and is their Corporate Board balanced and things like that, i think it destroys the efficiency and the effectiveness of american business, but look, maybe i grew up in Corporate America in the 70s maybe im old school. I throw it out there for everyone. David well i would just say that 98 of the shareholders were at the meeting voted against mr. Dan, so people say that that number alone proves that maybe he did have a point that in fact if 98 of the people disagree with his views, perhaps he does have one. But gary would have voted against that too for the reasons he said even if he agreed with the guy. David its hard to avoid politics so teslas cheaper model 3coms with a catch. You can only order it online. Well debate elon musks latest strategy coming next. Might mean a trip back to the Doctors Office just for a shot. But why go back there when you can stay home with Neulasta Onpro . Strong chemo can put you at risk of serious infection. In a key study neulasta reduced the risk of infection from 17 to 1 , a 94 decrease. Neulasta onpro is designed to deliver neulasta the day after chemo and is used by most patients today. Neulasta is for certain Cancer Patients receiving strong chemotherapy. Do not take neulasta if youre allergic to it or Neupogen Filgrastim . An incomplete dose could increase infection risk. Ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries and capillary leak syndrome have occurred. Report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. In patients with sickle cell disorders, serious, sometimes fatal crises can occur. The most common side effect is bone and muscle ache. If youd rather be home, ask your doctor about Neulasta Onpro. Pay no more than 5 per dose with copay card. David the market did not respond well to the major announcements we reported on last night, chief among them, the news that tesla will be closing most stores, and moving their sales online. This is a move thats aimed at cutting costs so that the company can finally sell its base model 3 at the starting price of 35,000 bucks lets bring in car coach, lauren to answer if this is a smart move by elon musk. What do you think, lauren . It sounds like a pretty desperate move to me. Closing down stores which is the interface with consumers to see the vehicles and buy the vehicles, telling them they can only buy them online listen if you really look at the real numbers hes got to makeover 40,000, selling vehicles over 40,000 a car even to come close to breaking even. He takes a loss on every single vehicle. You can not have a loss and make it up in volume and it seems pretty desperate including the layoffs that are taking place, it is a pretty bold statement on what the situation is. Lauren this is gary smith. I completely agree with you. Another issue, i think, and i want your comments on this, is just the whole distribution model. First of all, living here in ver o beach i think id have to drive an hour to get my tesla service. I was just reading an article where norway is teslas biggest customer per capita and they have had myriad Service Problems people wait weeks until the problems accumulate and then put on a wait list. What do you think the impact of that is down the road . I think thats going to frustrate a lot of loyal customers people that purchase tesla expect good service. They purchased a car with the same expectations like he says hes a tech company whether you bought an apple iphone or a ford mustang if youve got a problem you want to be able to get it serviced quickly. Apple stores can do it, ford can do it why cant tesla do it so theyve obviously tried to beat that dealer model. And they failed. Lauren, i mean its a long term question lauren about is it really following the model t ford where he gets the cost down for electric cars that everybody has to buy one because it used to be a luxury purchase owning before a model t, but i know the whole internet is about disintermediation but like the Dealer Network is a Profit Center for Car Companies they make all the money on the trade ins they have the service arm like its not money any more dont forget the floor mats. Like why is that something you want out of the Business Model it seems like you want to grow that and trade in other cars at a low wholesale price like whats going on there they dont make money from these things . The dealer works in a franchisetype of thing like a honda dealership for example, those are local people, actually having they do make their money mostly on service and collision but they sell the vehicles and create a business relationship. Hes not looking to do that. He said from the beginning he wants to break the dealer model and that his long term goal is to have people buy all their vehicles online at a reasonable price. You have to remember there are already vehicles that are plug in hybrids available today. You can buy a nissan leaf thats a plugin hybrid, you can buy a chevy volt ev thats in that price point so hes already entering a price point that already has vehicles in that category, people buy teslas because theyre very loyal to its unique following. The problem is you lose those huge loyal followers, when you cant service the product that they pay for and expect to get. To be fair, this car is nice so lets put it in perspective. Well i dont know about that i have to say theres a really great product on the market ive driven the audi e, the bmw i8 ive just reviewed it i have to say really impressive product. Its 160,000 though lets be honest. Well for the i8 right but theres other vehicles coming out. You could buy a bmw i3. Its not profitable though. Lauren my question is none of them are profitable not even for tesla. Its not a Profitable Company in the big picture. Adam go he doesnt even use them. So we cant tell real numbers and he doesnt offer real number s. Here is what i hear you saying lauren. Tesla did well for quite a few years who has made a product that its customers love, but that the thing against tesla is it was always going to have a hard time making a leap to being a mass production company. You have to do things like have Customer Service and have reliability and so on. Youre saying theyre not going to make it, period. I dont know if they make it in the longhaul. Its hard to tell with elon musk i think hes doing great with this spacex project but when it comes to the car business its very hard to be successful. The amount of product that hes putting out versus the real number of sales for the month of february which is a little over 5,000 vehicles is not enough to keep any company afloat. Any regular car company would dump that product line and create Something Else but because hes as you say a really great word, type vehicle, i think hes got his followers and well see how long it lasts its not going to dye off tomorrow but he might sell it off too. David lauren fix we appreciate you coming in always its a pleasure to see you thank you very much. Well huaweis chief surf advisory it officer spoke exclusively to Maria Bartiromo today. 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David that was huawei technologys chief security officer, andy purdy speaking exclusively with our own Maria Bartiromo, saying that the companys being treated unfairly , because of tensions between the u. S. And china, so, gang, do you believe him . Not at all, david. Look, this is a Michael Cohen of companies, in a sense they started in the beginning, steal ing from nortel, and its continued youre stealing from everyone now saying please, trust us now, and theyre not a private company they have communists on their board and many ties to chain a so no, i do not believe them. Okay theyre basically both right in this interview. First of all, the robot would tell you if he could speak some day when he was Artificial Intelligence that they stole this technology that tmobile used with this robot they got from japan where it tests the phones and what is different is that now, the government is acting very aggressively against this sort of behavior thats been going on for decades from china so it is correct that because of the trade war were stepping this up at this point in the past they wouldnt have put anybody in prison over tappy the robot theft or whatever specific case this was so they are both rightist because of the trade war but because they let china getaway with ip theft for so long. Okay but were confusing things that are very confusing, there is a difference between stealing trade secrets on the one hand, lets just assume huawei and others have been guilty of that in the past, with being cybersecurity threats being National Cybersecurity threats in other words are they putting technology into their equipment that will allow the Chinese Government to snoop on the u. S. Government . There simply is no proof for that. Nobody disagrees that theres no proof of that. The question is are they capable of it yes. Will they do it, we dont know and by the way, heather, cisco probably has democrats and republicans on their board, so its really not meaningful that they have communists on their board. They are chinese. David republicans and democrat s are a little different from communist party members. Gang, we got to cut now this one short, are you happy with your home . A lot of millennials have some serious buyers regret. Were going to tell you why, coming next. 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Problems urinating, vision changes, or eye pain occur. Think your copd medicine is doing enough . Maybe you should think again. Ask your doctor about oncedaily. Co clock ticking bell ring its time. Time for a new kind of cloud. The ibm cloud. The cloud that proactively protects your business from threats, instead of just reacting to them. That lets you modernize and move more of your apps without rewriting. That unlocks insights from all your data and puts it to work with ai. Get a faster, more secure journey to the cloud. The ibm cloud. The cloud for smarter business. David homeownership is at its highest point since 2014. But 2 3 of millenial homebuyers say they regret buying a home citing maintenance costs and other hidden fees. I think the times they are a changing. My older daughter just bought a home in medford, massachusetts. It might as well have been San Francisco given how much she paid square foot for the place. But she is running into the same place. Millennials just want to be near work and the trendy bar. The whole idea of homeownership, the ongoing costs, i think its changing. I think homeownership is not like it was back in the 40s, 50s and 60s. Im sure your daughter doesnt fit with what im about to say. I think they dont want any adversity. They would like things to be perfect and easy for them all the time. Going up with what adam is saying, the snowflakes need to watch something other than the home shows that make it look like you are making money with a kitchen renovation. Saving money and the stock market. Most of millennials were old enough to remember what happened in 2008. Maybe there so is fear of home prices softening. But 61 homeownership, thats great for the economy. Even if there is regret. Telling me the American Dream is still alive and kicking. Day its a lot d. David its a lot of the middle aged folks that watch those Home Improvement shows on television. Youth is wasted on the young. David somebody once told me you should not buy a house unless you are planning on using it. Buying a home as an investment is not good. Adam summed up the socialist communist thing. He wants the suffering. He loves the suffering. David happy friday, everybody. I want to everybody in this room and your friends and neighbors. I want you to put socialism on trial. I dont want us to stand idly by. I dont want to let this stuff fester. I want it challenged. I want it debate. I want it rebutted and i want to convict socialists. Where do you want to base your second hand quarters . I know, new york city. You almost deserve th