Expensive stock. 30 float being shorted. Absolutely. This is marketing home run. This is the pr, fantastic thing by elon musk but i mean were fundamental investors. So you start with, if i were a buyer of a selfdriving car, would i rush out and buy it today . Hardware is there but where is the software . Where is the validation of software . Will it pass our regulatory muster . When will this be available . You just dont know. The highend buyer changes car every two years. He may want to wait a cycle before actually buying f we cant get comfortable underlying consumer will brace this today, then as investor, how does this change the game . Liz mike, i feel remiss if i didnt bring this up. Barely five months since we had a situation where driver was killed in florida. That was in may. This driver had been using autopilot feature. A truck came parallel to it. There was bright sun. One camera didnt see it. With this new system, elon musk putting in eight cameras. Are all the problems in the rear view mirror so to speak for tesla . Not at all. There is investigation by the national highway Traffic Safety administration. As you probably noticed well have a new president by january 20th. This is the end of the obama administration. Nhtsa undoubtedly will try to get that investigation done before january 20th. And probably do something about what happened with that crash with autopilot. There is a new version of autopilot, 8. 0, elon musk says would have prevented crash with new radar. They have warnings if you take your hands off the wheel. Problem is definitely not in the rear view mirror yet, no. Liz david, to the actual stock as an investment right now, this will not be cheap. Right now i guess autonomous part of it, if you want it activateed three grand. This new version, eight grand. Does that pile in revenue protell the stock higher . Is this something you say maybe it starts to really work we should individual in our portfolio . Start with a company, 102 times earnings negative cash flow. We dont know what the Capital Requirements are going to be in order for them to ultimately validate the software and get regulatory approvals. Of course the big 800pound gorilla for the stock what are they doing with solarcity and why . I see extra 8,000 it can charge consumers. Real question how many consumers will raise the hand to pay extra 8,000 . There are more questions than answers. If you bought tesla long time ago youre up 600 . Yearoveryear down 4 . Well continue to watch it. David dietze, and wall street journal auto reporter, mike spector. See you next time. Thanks. Liz closing bell, 15 minutes away. Up next we got new video of president obama is he on the campaign trail for Hillary Rodham clinton. He is pushing obamacare. Well hear what he had to say coming up. Adam shapiro live in miami, on what obama needs to say to help hrc. Live from the Sunshine State next on countdown. 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As premiums continue to rise and insurers drop out of the program, many exchanges are closing, leaving some states with fewer or no choices at all. The of the offered his prescription for fixing law. We have this sound in, any remedies will be left to his successor. Fox businesss adam shapiro, has what president obama just said. He is in miami guard gardens as well. Adam. Reporter key in florida, you used to have in 2013, 18 Different Insurance Companies offering insurances. Today only five being offered through the obama care exchanges. That is a problem. Republican likes to point out 400,000 floridians will lose their insurance because of the cost of obamacare going up so drastically. The Heritage Foundation said premiums gone up on average 900. The president is trying to save his legislation, obamacare, the Affordable Care act, saying that perhaps states need to shift more people to medicaid and use expected savings to offer more tax credits to middleclass americans, or in the case floridians here, to afford more expensive premiums. In other words it is a big problem that has to be addressed. Here is what he told the crowd just about an hour ago in miami. Instead of repealing the law, i believe the next president , and the next congress should take what weve learned over the past sucks years and in a serious way, analyze it, figure out what needs to get done and make the Affordable Care act and better and cover even more people. But the president s also talking about what he calls a public plan fallback, simply translated, singlepayer option. A lot of people dont like that idea. But here in florida, that is what theyre now talking about, at least the president is. Back to you. Liz adam shapiro on the trail in key battleground state of florida. If you missed any action at last nights president ial debate just go to fox business, special rebroadcast of that debate will be this weekend. We are going to rerun it saturday and sunday night at 8 00 p. M. Eastern. Look at this, the dow still down about 20 point. We stand at 18,182, with the closing bell ringing in nine minutes. Keeping with the world series baseball theme, were in the 8th inning of the president ial showdown. If youre still unsure what too do with your money ahead of the big election, my next guest has got you covered. Eddie perkins joins us with his road map for your portfolio straight ahead. He has a sharp wit. A winning smile. And no chance of getting an athletic scholarship. And that is why you invest. The best returns arent just measured in dollars. Td ameritrade. Liz dow down. Microsoft has been beaten bottom line seven out of last eight quarters. The dow component reveals earnings. That is imminent. Lori on the floor with what we should look for, lori. The street is it looking for virtually what microsoft reported this time last year, but what will be interesting for microsoft is not only how it does with windows and Office Business but also the Cloud Computing. Azure Cloud Computing unit. Amazon has a huge Cloud Computing business. These are competitors to microsoft. This is the wave of the future. The wave of now, if you will. This will being, i believe the driving force how microsoft shares perform postearnings release. Shares, liz, are down half a percent ahead of it, back to you. Liz i have a tshirt intel gave me. Today is so yesterday. It is true. Always going to be true. Exactly. So very now. Lori, great to see you. Thank you very much. Microsoft coming out after the bell. With just 19 days to go to the election day, investors scratching their heads which path to take with their portfolio ahead of rally. My next guest says he has perfect road map for your money. We have chief investment officer, eddie per kins. 300 billion in assets. Walk us through both scenarios. I want to start first with hypothetically, a trump victory. What does it mean for the markets and for investors . I think initial reaction of the market would be to sell off. Wall street doesnt like uncertainty. That would be unexpected. There would be fears after trade war. Fears of what it meant for the dollar. Road map would be brexit, you get a short selloff. Money would come into the market and want to buy the market at that point. I think long term his proposals might be pretty good for the market. Corporate tax reform, Infrastructure Spending that would be good for economy. Liz glad you brought up brexit analogy. We had horrifying day postbrexit. Since then the ftse hit multiple highs. British stocks have not done that poorly. Turn to Hillary Clinton, imagine that presidency our investors would see. How should they play that. Depends margin of victory and whether she pulls house of representatives with her victory. If a split house, the republicans are check on more progressive positions. Largely the status quo what weve become used to over last several years liz there are so many other issues that could hit the markets. Earnings, crude oil, on any given day controls what happens with the markets. Econ know data right and left. Existing home sales today were better than expected. We saw first time jobless claims ticking slightly higher. That is not great. Which ones of those issues really tend to work for or against the portfolio . The main thing in all that there are all these conflicting data points. You have to set them aside and look out over longer term what we try to do at eaton vance. So were focusing on companies that can win over full market cycle. We Like Companies in the industrials sector. We like wellcapitalized banks with good value. Dont want to get hung up on a data point. Look through the noise for longer term outlook. Liz one of the picks was rockwell automation. It is up 12 yearoveryear. Has a great dividend 2 1 2 . Youre getting paid. Good dividend. Growing. High return on invested capital. Real intellectual property in their business. Play on Capital Spending missing from the economy. I think at some point we get that. Liz this is very interesting bank that does highend, really good vip treatment for a lot of their customers. With the backdrop of wells fargo not doing that, First Republic you say is the one . Thats right. Theyre a midcap regional bank. They Service Higher end of the market. Theyre high touch, high service. Pristine credit quality. Wellcapitalized. It had a good run but pulled back recently on earnings. For longterm investment its a good one. Liz markets pulling back slightly. With the dow down 30 points, good to see you, eddie perkin, eaton vance. Good to be here. Liz set to stop a twoday win streak and microsoft may move the markets. David and melissa after the bell with morning soft earnings and more. [closing bell rings] melissa major averages all ending the day in the red. Im melissa francis. David im david asman. This is after the bell. First here is what else we have for you this hour. Donald trump back on the campaign trail today, clarifying what he said last night. Melissa well david had mainstream mead you yaw going crazy, literally, about whether or not he would accept the outcome of the election. Did he make the sale . New batch of leaked emails from Hillary Clintons Campaign Chairman appears to encourage voter fraud by detailing how Illegal Immigrants can vote. After already paying iran 1. 7 billion in cash for what manyav