We will check with two rising players as they get ready to go headtohead with apple music and spotify. With aaking reservations massmarket vehicle on the third 35,000 model three. People put down a 1000 reservation on the car. It will not be available until 2018. His master plan to enter the highend of the market and then drive down the market as fast as possible to higher volume and lower prices with each successive model. William explains why tesla needs the model three to sell like hotcakes. The model three is arguably the companys most important vehicle yet. The new car will not launch fully until next year at the earliest will be priced more for the massmarket. With massmarket comes competition. Their success today mean s competitors like gm and bmw are working hard to catch up. Just five years ago, there were only four electric models in the u. S. By the end of next year, there are expected to be almost 60. As any car dealer knows, the more people you are up against, the harder t
15 an hour. The increase would take effect by 2022. Toernor brown is expected sign the measure. Global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. Im Mark Crumpton. Bloomberg west is next. Cory im cory johnson, in for emily chang. This is bloomberg west. Thousands lining up to drop a grand on the car they still have not seen. We will look at the review of the tesla model 3. Fitbit shares up today. Interesting data about how people are using their fitbit. Problems, and title is definitely one. First in the league, tesla taking reservations for its massmarket vehicle. People around the world lined up down 1000e to put on a reservation. They would not take reservations online, only in lines, until after the close. The car will not be in full production until 2018. They are still taking those deposits. Out musks master plan laid a decade ago, to enter the market on the high end, then drive down the market as fast as possible to highe
Headtohead with apple music and spotify. Tesla taking reservations with a massmarket vehicle on the third 35,000 model three. People put down a 1000 reservation on the car. It will not be available until 2018. His master plan to enter the highend of the market and then drive down the market as fast as possible to higher volume and lower prices with each successive model. William explains why tesla needs the model three to sell like hotcakes. The model three is arguably the companys most important vehicle yet. The new car will not launch fully until next year at the earliest will be priced more for the massmarket. With massmarket comes competition. Their success today mean s competitors like gm and bmw are working hard to catch up. Just five years ago, there were only four electric models in the u. S. By the end of next year, there are expected to be almost 60. As any car dealer knows, the more people you are up against, the harder to make a sale. The more you have to spend to promote a
Mind today. To jeff flock in San Bernardino with the latest foray pushback in this press conference. What is the latest. Reporter you and your producers earlier, who influenced whom but first the headline, you can seen numerous cameras pushback three hours as a result of fastmoving developments, namely that Tashfeen Malik, one of the two gunmen apparently posted to facebook using some sort of alias not using her real name but posted allegiance to the leader of isis either during the shooting or just before or just after. Apparently this was recovered from the hard drives of the computer that was seized from their residence, they said specifically how they did that, apparently even though the two tried to hide their tracks, didnt happen but we are perched over here, and burn it goes to the question you began asking earlier today, was this act influenced by Tashfeen Malik or was it by the other one around, at this point we dont know but the big question remains, was there anyone else inv
About 15 minutes on iselle. But right now want to show you our satellite and radar. Weve got the high clouds that are streaming from West Virginia in towards southwestern virginia and these are starting to encroach upon us as well. And well be watching that through the day. Fog not really a factor today. Like it has been although warrentons visibility is a mile and a quarter. The air is too dry and thats allowed for some coolness this morning with some mid 50s in the shenandoah valley. Still 70 at Reagan National but really 50s and 60 red zone the rule this morning 60s are the rule this morning monika . Dont jinx it. Dont jinx it when you say that things happen but im thinking that this friday morning things are going to remain quiet. Its friday morning light. Many people out of town and if you are planning to head out of town, youre going to be in good shape as well to the bay bridge and that in just a minute. Coming in from manassas to the beltway on i66 look at that. Its 19 minutes.