good morning to you. i m jessica dean in washington. jim sciutto is off today. we re following several major stories this morning. overnight ukraine rocked by a barrage of russian missiles. the defense minister saying it s the most massive missile attack since the invasion began in februariment we know power is out in several regions including parts of the capital kyiv. we ll be live on the ground ahead. plus, the u.s. reinstating covid tests for travelers coming from china as beijing drops its own restrictions despite an overwhelming surge in cases. a fresh apology from southwest airlines today, plus new steps the airline is taking to reimburse passengers whose holiday travel was ruined. still more than 2,300 southwest flights canceled today. we re told the scheduling nightmare could end as soon as tomorrow. let s begin this morning on the ground in ukraine. cnn senior international correspondent ben wedeman is in kyiv. ben, you saw firsthand some of this damage. tell us
Stock futures higher with eyes on China risk; Goldman Sachs prepping jobs cuts as Fed weighs on growth; TSMC begins new high-tech chip production in Taiwan; Elon Musk urges Tesla employees to ignore stock market craziness and Solana extends slump as FTX collapse taints upstart token.
the value this year on track for the worst year ever. this is because of concerns about demand for tesla vehicles and concern about elon musk being distracted by his ownership of twitter. and elon, he addressed this issue in a memo to employees yesterday. obtained by cnbc and reuters, don t be bothered by stock market craziness. long-term i believe that tesla will be the most valuable company on earth. another bold claim there from elon. now his company, tesla, has lost almost $800 billion in market value so far this year. just a staggering amount of money. and tesla is not alone. more than $800 billion wiped out from alphabet, which owns google and $900 billion for amazon and for apple, just enormous losses. clearly markets are pricing in a