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Transcripts For CNBC Mad Money 20160801

Were getting a sense that the longterm outlook, not the shorter median terrelm, the lon term has taken focus. Where the best longterm profits reside. What do i mean the long term . Lets start with tesla, solar city. Elon musk is trying to create a onestopshop for his incredibly popular cars. It can be summed up as im smarter than you, so i cant bother with you. And except a couple of things. With this deal, musk is not planning for this year or notex year or year after that. There are 50 million rooftops in this country. To musk, that means 50 million power plants. The notion that the electric fleet will look like it does now in further times is long. Why . Because its because of nuclear, coal and natural gas. But new Nuclear Plants cant be built, theyre to expensive. Coals too dirty. Natural gas is a bridge fuel. Heres the thinking that might be one Central Place. This is what his grand scheme really is. One Central Place where we build a j a gigantic solar field. Hes thinking in the

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