Unrest in America Portland rorked by violent protest overnight. President trump trying to bring safety and security back to america cities announcing surge in federal Law Enforcement. Coming up at 7 30 a. M. Eastern this morning, former new York City Police commissioner ray kelly is here live. Market this is morning pointing to higher opening this morning earnings driving story take look dow futures right now, up 123 points and nasdaq up 98 and s p up 14 and a half. This after hopes of a new stimulus plan and optimism over Coronavirus Vaccine, fuel market yesterday. Dow industrials were up 165 points at the close yesterday. Nasdaq up 25 and s p 500 up 18. Play ball baseball openingday today the game without fans in attendance on this openingday 2020. Plus it is day four of a week long look at instagram stars today an detective that is blowing up online. Gaining popularity with destructive art. Mornings with maria is live right now. Global markets taking a look at thed s p up 40 points and dax index in germany higher by 86 in asia overnight markets were mixed. Nikkei average closed in japan for a holiday but others as you can say fractionally moving overnight. Some of the top sthiers we are watching this morning right now, a new coronavirus release bill clearing major hurlings. Senate republicans reportedly set to release their one trillion dollar plan later today. After reaching tentative agreement with the bhows. The bill includes 16 billion for testing. 105 billion for helping to reopen schools, money for ppe, and another round of stimulus checks coming up. One key Sticking Point among republicans, President Trump push for a payroll tax cut. The extra 600 in jobless benefit running out just days from now. Unrest in america to report, President Trump announcing his administration is sending more federal agents to several u. S. Cities to stop a growing outbreak of violence. It is called operation legend named for a fouryearold boy who was shot and killed while he slept in his Kansas City Missouri home last month. Program now expanding to places like chicago and albuquerque. The effort to shut down policing in their own communities has led to a shocking explosion of shootings, killings, murders, and heinous creams of violence. This bloodshed must stand this bloodshed will end. Meanwhile port land has filed a temporary restraining order against federal agents already in the city. Accusing those agents of detaining protesters without probable cause. New york city is threatening to file a federal suit if agents are sent to new york. The fbi is now accusing china of harboring piewj teff at a San Francisco consulate. The biology researcher at the university of california did now charged with lying about her link to Chinese Military. Mean wheel mike pompeo demanding closure of china consulate in houston to take place tomorrow. This comes after workers there reportedly burned secret documents in consulate courtyard. Now to the coronavirus crisis, three midwestern states issuing managedder to masks, mandates, residents in indiana, minnesota, and ohio will be required to cover up while inside any public or Business Building. Washington, d. C. Also reenforces mac policy and signing exec it have order which would impose a crime of up to 1,000 for those not requiring required mask in spots. It is ohming day funnelly Major League Baseball beginning its 60game season tonight leading off with defensing world series champs Washington Nationals against the new york yankees should be quite a game followed by Los Angeles Dodgers. Facing rival sphrifng giants noen pass in attendance. And all players will be Wearing Masks league is reportedly discussing plans to expand the playoff field from 10 to 16. And one football return prepare to mask up there as well at nfl games spokesperson confirming League Policy saying all fans required to coffer their faces at gap this is season. Tesla Second Quarter earnings beat expectations on both top and bottom line that makes four straight quarter of profit. But now this exclusive this week we learn elon musk is rich etion on planet so why isnt he playing his rent that display tesla cars. Sources say in exclusive musk tried to range a deferment of rent at some of the his 80 show room here is in the United States at least one of them in new york, said no we cannot defer the rent but instead of paying the full 700,000 dollars in rent, a month in the last four months, muck is only paid half of that every mongt for last four months. Apparently promises to pay it off in august. Some speculating it is a scheme to save as many millions as possible the last three months so that tesla can show a profit for the Fourth Quarter in a row. This past quarter, and eligible for inclusion in the s p 500. Tesla needs to show four straight quarters of profit for its stock to be eligible in inclusion of the s p 500. But land lords are fuming because they want to be paid. We will see if he pays up by august or face a lawsuit from tesla land lords. Half a million here and half a million there move the needle on earnings and net income last night 104 Million Dollars in gap earnings. Tesla also reported its first full year of profitability on a gap basis, and that means it can now be considered for inclusion in the s p 500 index all of this has the stock up dearn it is up 280 this year. Joining me right now to talk more about all of that is ark invest analyst also joining conversation this morning fox business Dagen McdowellStrategic Wealth partner ceo mark, and fox news political analyst author of taken for graduated. Caldwell great to see everybody this morning. Thanks so much for joining us this morning. Great to see you. Maria lets get into tesla and ipts i want to get your take, touch on this story that we broke this morning elon musk saying he wants to defer the rent he hasnt paid full rent in four months did that impact earnings in your view. Is that why were seeing 104 Million Dollars in net earnings . Yeah. So i think back in april we have heard sort of some early discussions of, you know, a couple was in talks about their rent baskly negotiating on cost during the coronavirus period. You know wheel theyre trying to manage cost and be careful on that side. I think, you know, ill watch story as it goes. This isnt first too many that tesla is accused of fudging numbers past claims have been proven, you know, to be false basically. Ill say one thing that you can look at is delivery. Right, so we know that delivery on the quarter by nearly 20,000 cars ahead of expectations around 90,000 cars and in their Investor Report that they published tesla showed this graph of of, you know, deliveries and first half of the year compared to other automakers. And you know, i think you really cant take away the points that theaf been delivering cars while, you know, everyone else has been much more impacted by the shutdown. Were also seeing tesla gaining market share. Their market share was about 26 in new york today as of may, as opposed to 22 last year. So i think you really cant take those numbers away from the company. I mean theyre Economic Company thats why the industry is going. Is there a growth story beyond cars at tesla . Yes. In fact last night on the call, i was excited that elon musk talked so much about fully autonomist drive. You know maria weve been talking about this for year when is ive come on on the past. I think this is a plarnlg opportunity for tesla it is what gets us to our bull prize target of 15,000 by 2024, and i think what was really interesting about last night eetion call is that musk has been more measured on these earnings calls you can tell hes sort of he hedges statementing saying stuff like in my opinion and reach future complete with the selfdriving platform he said that he almost get from his house to work fully autonomistly. This is huge opportunity that totally changes Business Model it becomes a software as a Service LightBusiness Model with a software of service like margin this is a reoccurring revenue stream opposed to a one off sale right now that tesla gets to other vehicles. Weaves done some analysis to say they could launch ride hailing this year with human drivers even before full autonomy. And this could be extremely profitable for tesla because they baskly have a cost advantage over uber and lyft. It is cheaper to operate and they can integrate finance and insurance so we think they can be, you know, of really you know a competitor to watch out for. And that is even before they reach full autonomy so were excited for that. Well look the Company Elon Musk elon musk also sad that Company Latest factory built in austin, texas and 15 minutes from downtown austin. Dagen mcdowell clearly wall street sees real growth story in tesla. But he has not paid a full months rent for some of these show room it is in four months. Maria it would be a very different quarter if he paid his rent. Dagen it would be a couple of things a lot of Companies Whose businesses were shut down retailers, of negotiated on rent or didnt pay their rent remember back in april, equinox owned by related the giant Property Company . Said were not paying that rent. So related wants their tenant to pay but this is a pass but to your point in wall street journal column poingts out that profits did not actually come from selling more automobiles. In the most recent quarter, revenue was actually down 4 and the 6 billion in revenues that tesla reported, included 428 Million Dollars from a regulatory credit sale to help these manufactures meet missions mandates. So in the numbers if youre thinking about jumping into this high flying stock you have got to break down what road ahead looks like but tesla does have firm ground to stand on in this way. My father and i both have purchased or leased new cars in last six months. One from an american automanufacture not a tesla and one from a foreign automanufacture and they both broke down my dad twice in six months mine broke down after ten days of ownership. So reliability is key and if tesla can deliver on that he can eat business. Eat business from these other automanufactures. Maria are you telling me your beamer broke down . Dagen after ten days. Yes. [laughter] maria my goodness. Dagen leased a bmw and broke down after ten days it was compressor on air conditioner broke in 100 degree heat so i drove eight hours back to new york city on sunday with no airconditioning driving on i95, new jersey turnpike with no air conditioner. Theyre taking care of it they say Maria Bartiromo. Maria tasha final word here the stock is up 280 year to date you want to buy this stock right here even though hes not paying rent. Half of the rent for last nowrnghts he said hes going pay up in august but land lords are getting ready to sue him tasha. Yeah. I think you know this is never been a stock that is free of controversy. So you know i look forward to seeing this story develop. But again we think that theres still a lot of room for this stuff. Especially if they reach full autonomy this is a huge Business Opportunity and really overlooked by the market. Maria all right we will leave it there tasha good to see you as always well keep watching tesla stock is up as is the plarkt. Stay with us. Well be right back. Ive always been fascinated by about whats next. And still going for my best. Even though i live with a higher risk of stroke due to afib. Not caused by a heart valve problem. So if theres a better treatment than warfarin, i want that too. Eliquis. Eliquis is proven to reduce stroke risk better than warfarin. Plus has significantly less major bleeding than warfarin. Eliquis is fdaapproved and has both. Whats next . Reeling in a nice one. Dont stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. While taking eliquis, you may bruise more easily and it may take longer than usual for any bleeding to stop. 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Biology researchers at university of california davis accused of falsely of her denying connections to the Chinese Military to obtain a visa into the country. Meanwhile secretary of state mike pompeo doubling down and ordering china to close its houston consulate by tomorrow. This comes after workers there reportedly burn secret documents in the consulate courtyard yesterday. Joining me now is author of coming collapse of china and tech war gordon and it is wonderful to see you this morning. Thanks so much for joining us. Lets talk first about this most recent this latest comment from pompeo on the San Francisco consulate what are these consulates front or Something Else . They certainly are. Theres a list of things that you can do if you run a consulate and what harboring fugitives from thecan say t misd within 24 hours. Or you have 72 hours to close the consulate and wheel were talking about closing consulates, lets talk about the consulate in the city where you are. New york, there was a diplomat from the new york consulate along with China Ambassador to United States who were caught in connecticut trying to elicitly recruit a microbiologist to steal information for china. I dont understand why the Chinese Ambassador is still in this country and why we have this diplomat in new york still running free. This is unbelievable gordon, i mean, these consulates are end up, they are spy headquarters, and this Espionage Program coming out of china seems to be bigger and bigger than anybody expected. It is not just cyber intrusions it is also getting graduate students and identifying people to steal information. Where is this partnership between the u. S. And china going in your view . Well, it is certainly becoming more tense. You know, on this issue of intellectual property theft we have talked to chinese officials for about three decades about this. You know, we had the agreement with chinese leader xi ping and palm announced in rose garden in sepght 2015 not to hack for commercial purposes. Well that didnt work either. And then we have the section 301 tariff it is that are meant to be a ram did i for theft of u. S. Intellectual property they havent deterred comiens so yes lets close the consulate in houston but maybe we should be closing other consulates as well because although this is unfortunate maria were not driving this. The chinese are. Yeah let me show this disturbing footage which you tweeted about footage showing shackled muslims blind folded herded on to trains. Gordon when you tweeted this out, i retweeted i was really happy that you had found this video. I want to point out this video was shot in 2018 so not new video but it was shot in 2018 an it was broadcasted 2019 but it clearly shows this group of individuals blind folded and led and walking somewhere. These weeker muslims are locked up in camps tell me about this and whether or not you think people understand whats going on in in this part of china with these camps. Yeah. This footage is authentic some people think it actually kale from the Chinese Government although thats unverified. But we know couple things. We know that somewhere between 1. 3 to 3. 2 million and other muslim majority, muslim adherence are deterred in essentially concentration camps. We know that the Chinese Government has run a program that meets the definition of genocide thats forced Birth Control and sterilization forced abortions, and in addition to all of that, other muslims are being transported around china to work in factories that suggest slavery. And unfortunately, theres about 83 chinese and International Brands that have taken advantage of this slave labor including Company Called nike. Unbelievable its it is unbelievable to see these pictures and then hear Global Investors want to go and invest there and open up their operations there. With no mention whatsoever of these horrible human right abuses. Gordon thanks very much for being on this story for as long as you have been and tha