edic he testified he confronted rittenhouse after seeing the then 17-year-old shoot a man just feet away with an ar-15 style rifle. >> the defendant had re-racked his weapon with the rifle still aimed at me. >> reporter: he had a gun in his hands with his armed raised >> what was going through your mind at this particular moment >> that i was going to die. >> reporter: rittenhouse fired shooting him at the bicep. throughout the trial, prosecutors have showed the jury videos from multiple angles painting rittenhououse as a vigigilante. lookoking for trtrouble. >>>> part of m my job is if therere is somebobody hurt i'm running into harm's way. >> reporter: but today during cross-examination, the defense ripped into grosskreutz arguing he chased rittenhouse. >> you had said that you were looking for a non-lethal way to end this interaction >> that is correct, yes. >> yet, you pulled your gun out and began -- i'm going to use the word chase you began chasing or running after a man who was ru

ed: exactly. there were 164,303 encounters in the southern border and that's more than doubled from october of 2020. numbers like these, is that playing into -- it is playing in the president's approval rating. fox news poll shows 59% of registered voters disapprove about the president's handling of the voter. 59%. major failure of the federal government, how do you in your opinion quickly stop the caravans from coming? >> well, it's the messaging. i can tell you that right now. the messaging from day one from the federal government has been come to the border because you will be released into the country and that's why we are seeing the mass migration taking place. the numbers have not decreased. the data shows that. as long as the messaging is still out there and also the criminal organizations benefit from the messaging and they will continue telling illegal immigrants to make it to the border because you will be released into the country and when they see that, friends and family have made the

ed: it is bouncing around. there were some raised eyebrows and we got the price to opennet $120 a share. even at the $92 billion market cap, it makes rivian one of the largest in the world. that valuation climbs well above 100 million. visibility on the financials, sales growth, when will they achieve a profit? it seems distant. matt: i want to bring in joe saluzzi. we had you slated to talk about other market issues. what you think about this ipo going off that $108 when the shares come through? joe: i don't know anything about the company, but it is enough for the investors. it is always a balancing act on wall street. i don't think it has ever been figured out. that's what investment bankers get paid a lot of money. matt: i think opinions have changed over time. when i first started working at tucker anthony in the 1990's, you wanted to see a big pop. that was part of the ipo. it got everybody rallied. she has her finger on the pulse of investment banks. >> this last time morgan stanley saw an ipo this big.

cox and ed's sister, marianne. among her many gifts, tricia received her china, the blue tree pattern by lyness, her silver, eloquence from greenfield massachusetts, and her crystal, a cut glass pattern. prior to mrs. agnes party and informal shar was held on may 26. tricia wasn't the first white house bride-to-be to have a shower given in her honor by a member of the washington women's press corps. helen thomas was hostess of the party at which mrs. nixon, julie, and ed's mother were honored yet. other guests included members of mrs. nixon staff and women reporters. one of tricia is gifts from a lady of the press. to be an expression of sympathy for tricia and ed's desire for anonymity. to the movement of all, tricia donned her disguise. on friday evening june 4 at washington's beautiful anderson house, mrs. william rogers, wife of the secretary of state, hosted a reception for the diplomatic corps in honor of tricia and it. dean of the diplomatic corps led the way through the receiving line. the secretary of stat

ed: rivian is subject to litigation. the company has not been able to comment because they have cited the quiet period head of the listing. the first being a former employee and executive who has accused the company of gender discrimination and "a toxic bro culture." could you respond to that, please? rj: we are not able to comment on anything for prospective litigation, but the most important thing we are building for the company is our culture, the organization, and i spend a german dismount of time on. we really focus on making sure the organization and the people within the organization and our leaders across the organization are empathetic, open, have humility, drive collaboration, and of course, it is a diverse set of leaders. as you look across the business, we have diversity in various parts of the business, and it is really important to drive diverse points of view, to make sure that is wizened about the thousands of decisions we have to make every week, that there's different points of view, different backgroun

ed: investors are clearly not just doing this in correction territory. you have to remember why they buy. you mentioned the tina idea, there is no alternative, especially when you look at how the bond market reacted to the inflation print last week. retail investors piled into that because they are at the heart of this thesis. rivian is priced at $147 a share. how much of this is the retail investor buying in with fomo? lots of retail investors got left on the sideline with some of these stocks because it was priced too highly, and that resulted in stock split's. guy: which is going to be interesting because your thesis is therefore they are trying to get in. you have to have the stock split to gain access, so you want to buy now. ed: in case it runs away, right. guy: you had a definite in their, so let's go with the definite. alix: it's definitely something we are going to want to do. [laughter] i was going to say, i have friends calling me, asking about rivian. i feel like if that doesn't say something, i don't know what does. and this was after an ipo

ed and shannon invited me to their home for a special meal. almost 100 years ago their relative joe baits was murdered during the reign of terror. with gatherings like this they are able to bring his customs back. >> what are you cooking in here? >> this is -- meat gravy. pork. >> this is lotus fruit. >> the lily pads and pull the roots out. and beef with salt pork. >> so good. is up there frying up some brady? >> probably the most unhealthy thing for you, but that's what everybody wants to eat, including myself. >> ed is one of only a handful of osage who still know how to make these traditional foods. so this is something that has been practiced for? >> generations. generations. sol of pots we are using belonged to the ole people. >> is this something joe bates would have done? >> to me, this is nall his memory, to then continue on to my children and my grandchildren. >> it is just very important to have this going, because if we don't remember how to codo it, then nobody will. >> how do you know when it's done? >> you just do. [ laughter ]

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ed: it does have some similarities with the 1970's. in the 1970's everything that could go wrong seem to to go wrong. we crossed the bold window at the dollar took a dive which cost commodity prices to store, food went up. there was an issue with anchovies on the puzder of peru which had an impact on soybean prices. do not ask me how that worked, but it did. then we had two oil shocks and cost-of-living adjustments and all of those shocks went through into wages. we do not have cost-of-living adjustments anymore but we have the labor movement in control more than ever before. it is not a movement. it is a shortage of workers. wages are going up and the supply disruption explains why productivity dived in the third quarter. i think companies are responding anecdotally to the labor shortage. we are going to see a terminus amount of automation. tom: to the mortals at the fed risk a policy error? ed: they are mortals, so we have to start with that insight which you correctly point out. there is a view which i share that they are behind the

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. >> hi, ed. >> good morning. >> today, ed shares that secret with me. >> this story has been in our family since 1921, and it's been a part of my life my whole life. >> how was your great-grandfather killed? >> he was poisoned, my understanding, stricnine. >> it was during a night out on the town that somebody slipped poison into joe's whiskey. >> he came home, and he walked into the front door, and he fell over, and he started foaming at the mouth in front of his family. through research by other people, it was found that he was poisoned. >> joe left behind six children all under the age of 16. one of them was ed's grandmother, cora. >> they put my grandmother through hell. you're 7 years old, and you watch your father die the way he did in front of you. she didn't deserve that, and the pain's still here. all my relatives that are descendants are still feeling it today because they know the pain that their parent and grandparent went through. >> ed's daughter, shannon, the editor for the osage newspaper, went digging for answers. why had her great-great-grandfather been poisoned? s

ed: and if this was a covid shock. when we went into lockdown, global food supply chain shortages were all over the place. we have not quite been able to understand the demand, and also, we are still under covid restrictions with that impact on supply. guy: are people looking at other protein sources? ed: we have a chart of u.s. food price inflation. meat is a driver across the board. in europe, it is more muted. which is interesting, because they have the same problems. too many vegans. i spoke to the ceo of oceanspray. guy: it is a growing group. ed: cranberries, right? it is not the cranberries in short supply, it is the cans. guy: amazing. thank you very much, ed. talking about thanksgiving day dinner. that wraps things up for us. i hope you enjoyed the show. that was the close. this is bloomberg. ♪ this is elodia. she's a recording artist. 1 of 10 million people that comcast has connected to affordable internet in the last 10 years. and this is emmanuel, a future recording artist, and one of the millions of stud

ed often traveled with a guide who could describe the action to him. fellow sports writers were stunned over the years that ed could tell exactly where the ball had been hit based on the sound of the bat. he wrote for a number of publications over a long career spent covering the yankees mostly. he was known for his player interviews and the game's biggest stars would make a point to find ed on the field before a game. >> thank you. >> away from the stadium, ed raised money through his foundation for blind people who needed seeing eye dogs. in 2006, ed married his second wife alison at home plate in yankee stadium. the couple was set up by ed's longtime friend and yankee legend phil risutto. ed lucas wrote about the game he loved but could not see died last week in new jersey. he was 82 years old. staying up half the night searching for savings on your prescriptions? just ask your cvs pharmacist. we search for savings for you, from coupons to lower-cost options. plus, earn up to 50 dollars extrabucks rewards each year just for filling. at cvs pharmacy.

ed: good afternoon. we continue to say that european equities, for the first time in many years, technical considerations are positive against those headwinds. looking at the pmi surveys last week, they are likely to stay at levels consistent with continued earnings momentum. we got a very dovish european central bank. that eases pressures on valuations that might be felt elsewhere in the world. we also have less domestic pressure on inflation. but on the other hand, if we get an uptick on global yields and global inflation risk, europe's energy stocks will likely continue to do well. so there's a lot of positives at the moment. we are still overweight. alix: what do you do with the u.k.? u.k. has underperformed and has not hit the same kind of highs we have seen in the dax. ap morgan came out and they are positive on u.k. for the first time since brexit, and part because that deep discount. ed: valuations tend not to matter at the country or next level. this very little information about whether one cou

ed ludlow joins us for a breakdown. ed: tech is in the driving seat. the nasdaq is a tech heavy index. some options are expiring friday. don't forget about inflation. it doesn't go away just because we focused on other items. jp morgan joined the conversation on thursday about the idea we would get a rate hike in 2022. there was some selling in cryptocurrency. bitcoin is down below $57,000. the fifth day of declines. this is a correlation between tech stocks and bitcoin. it is basically zero. it raises the question, i heard you talk about inflation days, is bitcoin and inflation hedge? who knows, but it's behaving differently at the moment. caroline: there was selling pressure on other companies coming with earnings after hours. ed: applied materials, that's the company that makes the machines that manufacture the semiconductors. there was a lot of talk that they would benefit from investment in chip infrastructure. they are down because they are so hampered bite supply chain constraints. they're not able to make -- meet demands from the chipmakers. si

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ed ludlow has a breakdown on tesla. [laughter] ed: it is important to take stock of what has happened, quite literally. we are down from last week when tesla hit a record high. a lot. going on. elon musk saying -- asking twitter, should i sell 20% of my stake? we have michael burry tweeting that elon musk once to sell his stock because he is under pressure to meet his that obligations. a lot to unpack. let's look at this chart. michael got me thinking about short interest. it is 3.5% of the tesla's flute. you can see the yellow line, being that has less share price. short interest is not there anymore undershorts have not been successful historically when it comes to there. can we rule that out? hard to say. let's bring up a tweet from elon musk about whether or not he should sell 10% of his stake. some analysts say that it gives investors an excuse to sell. they may still believe in the long term thesis when it comes to tesla, but there has been a series of negative news, and a lot of people have ridden this stock to t

emily: ed, thanks for trying to unravel the musk mystery of the day. our ed ludlow. meantime, meta platform, parent company facebook, is closing down its facial recognition function. this comes after safety and privacy concerns continue to pile up on the social media giant. let's see if this will help with their reputation. here to discuss is bloomberg's own kurt wagner. this is the technology that would enable or alert users if a photo of he was uploaded. they could decide whether or not to tag themselves. facebook has been backing away from the future over the last couple of years. what's actually happening now? kurt: they are going to shut down their entire facial recognition software program here. so, as you pointed out, this was really big, especially in the early days of facebook, youv would upload a photo, tag other people in it, they would be alerted. they would probably want to share it themselves or comment on it. it was a great way for facebook. it also became a way for you to understand what are people uploading about me. did your friend upload this photo

ed: kriti got it spot on. the forecast for the coming quarter is well ahead of what analysts were expecting. this is the key story from nvidia. there is demand for their graphics chips, gpu's, and that is especially the case in data centers. revenue grew 55% year on year. they also boosted margins. frankly, they are selling their more expensive stuff, which is helping on the bottom line. i thought it was interesting, they said they had year on year revenue growth in crypto mining related products and chips, but sequentially calls from quarter, it did. they said they were susceptible to volatility in cryptocurrencies, lower volumes. wasn't it just last week we were talking about lower volumes in the crypto market? i thought that was an interesting tidbit. emily: volatility in the crypto market continues, apparently. talk to us about where they are not doing well. there are concerns about the slowness of the closing of this deal with arm. ed: you can see the stock and after hours up as much as 4.3%. they said in

ed sheeran about. we'll do that momentarily. >>> and then she was was the entertainer, a star in the kitchen, and now a new generation of fans is following the late, great julia child. she didn't start cooking until she was in her 40s we're going to talk to two incredible filmmakers that capture her rise to stardom. we're going to talk to them in just a minute. >> they made -- i cannot say it. >> they're in our new kitchen. >> we're going to have a sit-down with c.c. sabathia. he struggled with alcoholism over the years he talks about that, but he also talked about his will to turn his life around, even testing out that arm again with me in the batter's box. >> was it really a test? >> no. spoiler alert, didn't go well. he's still got it. >>> if you have holiday shopping, we're going to let you know how to get your hands on the hottest toys of the season. >>> let's get a check of the weather. >> starting off for our weekend, tomorrow, sunshine up and down the east coast, soaking rain, turning milder in

jen ed are these classes everybody takes. there is roughly about a third of the college experience for the typical students. that is your intro to english, intro to get a well-rounded education. over many, many decades they have accrued in such a way a lot of these classes in the way of content but we look at the book at some survey data where they ask incoming freshman basic questions about knowledge and critical thinking. two years later after the end of their sophomore they asked the same questions there's basically no difference on the amount of materials they learn paid no improvement at critical thinking skills. these are all from the years they spend in college taking the jen and classes. so he asked the question why are remaking students take multiple into tens of thousands of dollars taking mandatory classes for getting a degree and they aren't not learning much in those classes. they have figured a way to lobby the curriculum to make their classes mandatory what is that mean? you can hire more faculty, the english d

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. -- ed ludlow. ed: it has been a weird start to the week. the s&p 500 up by .2%, eking out a third straight day of gains. the nasdaq 100 had a late rally into the afternoon, closing up .4%, rising for a sixth straight day, its best streak of wins since june. wanted to point out ev related stocks. up 1.3%. tesla, such a massive story on monday, driving up the index. a pocket of weakness, broadly cryptocurrency, down more than 1%. bitcoin stumbled around the $60,000 mark. there was a pocket of the market in memes that was really strong monday. that blue line is a custom index that bloomberg tracks of the 35 most popular meme stocks. it was up by the most since august during monday's session, driven by gamestop which had an impressive showing monday. back in the studio, we talked about tesla, up 8.5%, a fresh record high, really a lot of momentum behind this stock trading in more than $1200 a share. on a day where there was broadly strength in tech stocks, you see big names like google, alphabet, and amazon down significantly. one stock that wa

katie g nelson and ed ou weather-— katie g nelson and ed ou weather. ., , ., , weather. how is it unlawful? you are unlawful! _ weather. how is it unlawful? you are unlawful! the - you are unlawful! the demonstrators - you are unlawful! the demonstrators were l you are unlawful! the demonstrators were calling for police accountability for another unarmed black man who was shot and killed by a brooklyn centre police officer during a routine traffic stop. people were really angry that this kept happening across our state and across our nation, and so they gathered him from the police station, first with signs and song than chanting, and then later in the evening, things got more challenging. more violent. the police would come out and shoot tear gas into crowds, the crowds would sometimes throw items across the fences towards the police officers, and there was a tit—for—tat going on between the two for the days following donte wright's death.- donte wright's death. nelson sent donte wright's death. nelson spent one _ donte wright's death. nelson spent one evening _ don

but from me and ed it's cop out. bye, everybody. bye — bye. hello. a windy friday will bring some rain at times, heaviest and most persistent in scotland. hello. with low pressure moving right across the uk, the week is coming to a windy end and there's the chance of rain as well. there will be some heavier bursts of rain, especially in scotland. and around this area of low pressure, plenty of mild air moving in on quite a strong wind, it has to be said, particularly across coastal parts of the north and west. here comes the low pressure, the centre of which will move across scotland as we go on through friday. it's in scotland we're going to see the heaviest rain. now, these are the temperatures to begin the day, so already very mild — 11 degrees in belfast and manchester, for example. the heaviest rain will be in scotland, a couple of pulses of that working on through, but heaviest and most persistent in hills in the west. and very wet for a time across much of northwest england. showery bursts of rain for northern ireland, for wales, across the

ed: exactly. guy: it may be down the road, and i understand the argument around making america more progressive, but not now. ed: and the fears of a dovish fed when we had dr. lael brainard saying i will deal with inflation. it is the focus. guy: it is nice to see you here. you are missing out on your thanksgiving dinner over in san francisco. ed ludlow, thank you very much, indeed. we will be counting you down to the close in europe. that is next. this is bloomberg. ♪ guy: thursday the 25th of november. european stocks are higher, but led by defensive sectors like food and beverage and utilities. we will talk more about why. the countdown to the close starts right now. >> the countdown is on in europe. this is "bloomberg markets: european close," with guy johnson and alix steel. ♪ guy: a is off todaylix -- alix is off today, enjoying thanksgiving. like volume here in europe. our equity markets are open. they are off the earlier lows. for a 1.65 is where we are trading on the stoxx 600. europe

ed: sarah, great to be with you. i normally wouldn't want to start on the shares when we are talking about this, but this is one of the biggest pops i've ever seen on one of these, about 40%. why is this happening? why are we seeing such a reaction? sarah: because they are very excited about our business. nextdoor is about neighborhoods. we believe we have a global opportunity on our hands. of course, we are doing it for the right reasons. we are all about purpose and about making it a kinder world, but we also know we have a great business on our hands. a lot of data that allows us to do an app sponsored model, and we are excited about where the business is going from here. ed: talk to us about what is going to be the first order of business. sarah: obviously it was a fundraising opportunity because we wanted to bolster the balance sheets. where we are going with that investment number one is to continue to build out for growth and engagement. more neighbors coming to the platform, and as they are coming to the plat

ed ludlow, thank you so much. meanwhile, cathie wood has chimed in and said china is not an investable. she says she sees a bit of an opening and she is waiting till the valuation test settles. she spoke with our bloomberg analyst, rebecca sin. >> one of the reasons we built our positions in china in 2020 is we saw china's response to the coronavirus crisis was much more responsible for me fiscal policy and monetary policy point of view than many countries around the world. without thought maybe china will become the new germany or switzerland, known for its monetary and fiscal discipline. but what happened in november of that year was somewhat startling. the episode with jack ma, and watching how he and many other executives who had created incredibly rapidly growing and exciting companies, they basically were told, and maybe there was some reason for it, that you are not welcome there anymore. go off and do some charitable work or whatever the message was. so that is what they are doing. we began -- we became co

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ed ludlow has a breakdown on tesla. [laughter] ed: it is important to take stock of what has happened, quite literally. we are down from thursday of last week, when tesla hit a record high. there is a lot going on. elon musk, asking twitter, should i sell 10% of my stake? you have michael burry tweeting that elon musk wants to sell his stock because he is under pressure to meet his debt meet -- meet his debt obligations. a lot to unpack. let's look at this chart. michael got me thinking about short interest. it is 3.5% of the tesla's float. you can see the yellow line being tesla's share price. the shorts have not been successful historically when it comes to that stock. can we rule that out as an option for what is happening with tesla stocks? hard to say. let's bring up a tweet from elon musk about whether or not he should sell 10% of his stake. some wall street analysts saying on tuesday it at least gives investors an excuse to sell. they may still believe in the long term thesis when it comes to tesla, but there has

, we heard sir ed davies... figs for that with her consultancy, we heard sir ed davies. . ._ for that with her consultancy, we heard sir ed davies... as one of the sons dirty dozen. — heard sir ed davies... as one of the sons dirty dozen, as _ heard sir ed davies... as one of the sons dirty dozen, as they _ heard sir ed davies. .. as one of the sons dirty dozen, as they call- heard sir ed davies... as one of the sons dirty dozen, as they call it. i sons dirty dozen, as they call it. yeah, he's earning quite a tiny sound. he it's personal circumstances. he's a carer, he's had a son with disabilities and he wants to earn money to pay for care and protect his long—term future. you always get these different reasons that make it more difficult to come up with a hard and fast rule. you'd give mps a pay rise? not many people can still pay them already what they earned now. and what would be the cut off point? to use editor the head teacher salary or who do you pay the salary to? will bad actually saw people comin

reaction now from former mcdonald's usa ceo ed renzi. ed, great to see you. what do you make of senator warren's attack on turkey farmers? >> she's a little bit late and a dollar short. justice department launched an investigation in 2016 on price fixing and settled the final amount with tyson's foods which denied any complicity in this in the early part of 2021. pilgrim's pride was at the nexus of that and was fined $105 million, and i think tyson was somewhere around $225 million. i know the supply chain very well, and i can tell you it is not as simple as elizabeth warren pretends it to be. food prices for chicken, poultry, turkey is up about 35% because of soybean shortage. additionally, diesel fuel prices are up 67%. we've got a shortage of rucks, shortage of workers -- shortage of workers, shortage of truck drivers, all that transportation plays into this, and i think warren's statements, desire and wishes for investigation is a deflection away from the severe, bad economic policy of joe biden. every move he makes is destroying this economy, and it's re

ed: certainly market analyst see it that way. it is an astonishing valuation for company that has built less than 200 trucks, delivered less than 200 and one only build 1200 this year. interesting to hear you talk about hertz. it is not easy for tesla decidedly deliver 100,000 vehicles to anyone. they are supplied constrained. that is the question about rivian. how can this be a $70 billion automaker when it will take them years to ramp up to a level of production or they are a meaningful player let alone seller to fleet companies like car rental companies. alix: analysts have been talking about the natural constraints reviewed will face. what is that? ed: they are going out after something that has been missing. electric vehicles today are sedans. americans do not drive sedans. they are driving pickup trucks and suvs. when rivia had this coming out moment, everyone was like finally, a bulky pickup that can compete. rivian is looking at european site particulate in the u.k. the opposite is true in the u.k. , people do not drive b

ed yardeni still with us ed, the indication from fed chair powell seemed to be that the 2020 play book would not be useful for a variant necessarily in 2021. >> right. >> but at the same time, there is the question of a faster taper and potential interest rate hike. so how much does this action that we're seeing cause you to want to revisit your play book overall? >> well, you know, we're in a real roller coaster ride right now. on friday, with the variant announcement, the market seemed to have been discounting the possibility the fed might slow the pace at which it was tapering now, because of his comments, the markets are thinking that, well, actually he might accelerate the pace of tapering and they might start raising interest rates before the middle of next year instead of the second half of next year so it's -- you can really get whiplashed here if you're not careful. but i would stay invested in the market i think what we're seeing here is the fed is indicating, powell is indicating that the fed is more spooked about inflation than they are about the pandemic situation and he b

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let's get to the micro with ed ludlow. ed: really and's -- revian's ipo chief among them. you can see the trading action we got. we don't normally do this on bloomberg technology. this is a snapshot in time. up toward $120 per share. we lost a little bit of steam toward the end of the day. really interesting to see retail traders buy into the debut of trading. we have doubled the buying orders of what tesla saw. i thought that was astonishing. this is a company that will make maybe 1200 vehicles by the end of the year. it has a market capitalization of almost $86 billion. on par with general motors. they built literally millions of vehicles every year. this includes options and restricted stock. that gets nearer to 100 billion. some movers in after-hours trading. disney. down 3.5%. they had been down as much as 5%. top and bottom line miss. it comes down to subscribers coming in. the street is always looking for more after that hot start. profit declining in the film and tv business. much to discuss. shery: disney's call -- emily: disney's call is underway right now. we wa

on conservative op-ede pages, including ones where he argued that covid really isn't so bad. you shouldn't, for example, wear a mask to try to avoid getting it. quote, wearing a mask has littl or no effect on respiratory virus transmission, he says. now that he's surgeon general of the state of florida, he does press conferences with governor desantis where he warns ominously about how unsafe the vaccines are because stranger around the country have told him so. >> the reality of what -- how safe these vaccines are is absolutely not public. it's not public because when n people -- and i know this for a fact because patients of mine, colleagues of mine, strangers around the country who have contacted me about their experiences and just, you know, healthy people who have had adverse reactions after the vaccines, there has been a concerted effort to prevent these types of stories, these experiences from receiving the attention that they obviously should receive. >> yeah, we definitely haven't had any attention in this country to anybody having an adverse event from a vaccine. de

joining us now is bloomberg's ed ludlow. this happens, and then you have confusion as to did hertz actually wanda buying and getting more tesla's, which is confusing everybody. ed: executives essentially saying the reason you haven't heard specifics, they commit to electric vehicles, but there was a little bit of shade thrown essentially at hertz and all of the communique going around with the deal with tesla. i would note as well that the data coming from s3 partners, avis is trending. historically, it is not a stock that has trended on some of the meme platforms, but it is currently. so there's a lot going on here. just take into account that the stock was already up in a massive way year to date as well before this morning's move. guy: is elon musk on board with a deal with hertz? ed: that is the most difficult question you could have asked me. what he was reiterating in his tweet was the idea that tesla is supply constrained. elon musk has mentioned on more than one occasion that he feels that they stock is valued too hi

ed durr is a truck driver. he spent $153.60 on donuts and coffee at dunkin' donuts for donuts and coffee volunteers. he beat the state new jersey $2 million in war chest. >> rachel: speaker, can i interrupt you to say we're going to have him on the show later on tonight. >> that's great. that's fabulous, the most interesting race of the whole country. whether it was lancaster, pennsylvania, whether it was san antonio, virginia, which you have been talking about, large -- the assembly and senate races in new jersey everywhere you turned including seattle electing a republican mayor and republican attorney in a huge shift, i mean, nobody would have bet that seattle would be going that way. and that leads me to believe that the signals are there for us to pick up between 40 and 70 seats in the house and at least four senate seats next year. people are fed up with big government socialism. it doesn't work. it doesn't work when you fill up your car and border and educate children. so the country is speaking as a fre

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ed durr. he heard. >> tomi: this is not a republican or a democrat issue. this is an american issue. americans struggle with kitchen-table issues brought to us by the biden administration and democrats everywhere. you will see these cropping up everywhere. what this victory says to me. two main points it tells me. it tells me that americans that are so frustrated with what's going on and they don't know what to do, they ask me how can we make a change. this goes to show you can step up, speak out and you can make a change. although donald trump is still very important to the america first platform it shows with donald trump not in the white house and donald trump not on facebook, we can still win even though he is not in power. two great things coming up for midterms. we're coming for our freedom and we're coming for the white house. >> harris: a nuanced look at the former president's influence in some places. the democrats are banking on that absence as you say, tomi. you know what else you make sure you need you have? a crged smart phone. what ed durr's c

right now we are at higher ed is financed through a lot of third party providers whether that is the government, student loans, or even something like your parents paying for a student to go to college. there really is not much of a financial connection between the students and the provider even in the classroom for the university itself. what that does is create soon to what you show the different players and stakeholders and university system are seeking a very different thing from the other. there's not really any feedback whether faculty are delivering the schools are delivering the kinds of degrees they want. you go back to adam schiff you look at a payment system that's connected to the actual content as direct between the students and the professor direct between students and the administrator to get some incentives reentered into the equation. that is the right signal of what it is providing. >> so in your view, is u.s. news & world report college somewhat our view of higher education? >> the ranking system was intended originally to be an information queue to allow students

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let's bring in ed ludlow. ed, the form comes in. what exactly did he sell and why? >> to hide -- the headline is $5 billion worth of shares. they are not all the same. about a billion dollars worth. they were tied to tax obligations that elon musk had on options. those expired next august. what did he do? he sold enough shares to meet those tax obligations. that leaves about $4 billion of other stock. there was nothing in the filings about whether he planned this. he just sold the remainder of stock. >> at least some of this share sale was planned. >> some of it. emily: is that twitter pole misleading -- poll misleading? >> when he tweeted that, he knew about this. he filed that on september 14. we have no idea about the remainder. almost $4 billion worth of stock that he sold tuesday and wednesday at a really elevated price. the shares had an incredible runoff. emily: he could still sell 10% of his sake. -- stake. >> if you are an investor in tesla, how often has yellen musk tweeted in a way that has affected the stock? if you go back to the tweet -- funding securi

neil: why is that, ed? >> well, the cost of production of green, leafy vegetables and that type of thing hasn't changed. in fact, costs have gone up a little bit because the supply of water in the western areas where a great amount of produce is produced. then you've got a huge issue of transportation. when biden got elected back in january before he was -- november before he was even inaugurated, he said he was going to shut down the pipeline and disrupt the oil industry. that means nothing but increases in prices of transportation. so cost of getting goods across the united states has gone up very, very quickly. the price of fuel is going crazy. even on cargo ships, the price of bunker seed to fire those boilers and keep those things moving has gone up. that's immediate, it's right now. and it's reflected in the price of the products when they finally get to your kitchen table or into a restaurant. neil: that's a very good point, especially if one of those products is your life blood. the festival owner i