1 00:00:01,400 --> 00:00:04,040 Speaker 1: News when you wanted it with Bloomberg News Now, I'm 2 00:00:04,080 --> 00:00:07,840 Speaker 1: Brian Curtis in Hong Kong. Tesla's fourth quarter earnings came 3 00:00:07,880 --> 00:00:12,840 Speaker 1: in under charged today, failing to meet shareholder expectations. Tesla 4 00:00:12,920 --> 00:00:16,279 Speaker 1: warrened shareholders they should be expecting slower growth in the 5 00:00:16,320 --> 00:00:20,040 Speaker 1: coming year as well. CEO Elon Musk says the company 6 00:00:20,160 --> 00:00:23,560 Speaker 1: is focusing on building their next generation vehicle. 7 00:00:23,640 --> 00:00:26,720 Speaker 2: That will be a challenger production ramp. Like as I 8 00:00:26,680 --> 00:00:30,200 Speaker 2: can't ansis sleeping online practically and PRCT not practically, we 9 00:00:30,200 --> 00:00:34,480 Speaker 2: will be, but I am confident that once it is going, 10 00:00:34,720 --> 00:00:38,040 Speaker 2: it will be head and shoulders above any other manufacturing 11 00:00:38,080 --> 00:00:40,040 Speaker 2: technology that exists anywhere in the world. 12 00:00:40,200 --> 00:00:44,159 Speaker 1: It's next level, Tesla's CEO Elon Musk. Tesla has not 13 00:00:44,320 --> 00:00:47,040 Speaker 1: set a delivery date for the new model yet. The 14 00:00:47,080 --> 00:00:49,560 Speaker 1: company's shares traded down around five and a half percent 15 00:00:49,640 --> 00:00:52,280 Speaker 1: in late trading. Donald Trump is set to take the 16 00:00:52,320 --> 00:00:55,560 Speaker 1: witness stand today in the defamation suit brought by e 17 00:00:55,760 --> 00:00:58,880 Speaker 1: Gene Carroll. Bloomberg's Ed Baxter has the story. 18 00:00:58,720 --> 00:01:01,440 Speaker 3: This comes two days after his New Hampshire victory, and 19 00:01:01,520 --> 00:01:04,760 Speaker 3: he'll be in front of a jury. Carol contends his 20 00:01:04,840 --> 00:01:08,040 Speaker 3: denials of her rape claim have hurt her reputation. It 21 00:01:08,040 --> 00:01:10,679 Speaker 3: gives Trump a chance in the witness box to repeat 22 00:01:10,720 --> 00:01:14,840 Speaker 3: the denials. This could be very contentious. Judge Lewis Kaplan 23 00:01:14,840 --> 00:01:18,800 Speaker 3: has already held Trump liable for defamation, and if Trump 24 00:01:18,840 --> 00:01:21,640 Speaker 3: ignores the judicial restraints on what he can say, as 25 00:01:21,640 --> 00:01:24,480 Speaker 3: he has in the past, it could lead to fireworks. 26 00:01:25,040 --> 00:01:28,560 Speaker 3: Last week, remember Caplan threatened to bar him from the courtroom, 27 00:01:28,640 --> 00:01:32,720 Speaker 3: saying he couldn't control himself. Ed Baxter Bloomberg Radio. 28 00:01:32,959 --> 00:01:36,080 Speaker 1: No deal reached in the Senate yet on immigration reforms 29 00:01:36,120 --> 00:01:39,160 Speaker 1: in foreign aid, and some lawmakers are saying if there 30 00:01:39,200 --> 00:01:42,080 Speaker 1: are no big policy changes, then it will be dead 31 00:01:42,120 --> 00:01:44,800 Speaker 1: on arrival. Bloomberg's Nancy Lyons has an update. 32 00:01:44,959 --> 00:01:47,440 Speaker 4: The details of the agreement have not yet been released, 33 00:01:47,440 --> 00:01:50,880 Speaker 4: but some Republican senators are already criticizing the bones of 34 00:01:50,880 --> 00:01:52,560 Speaker 4: the deal, like you tas Mike Lee. 35 00:01:52,680 --> 00:01:55,120 Speaker 5: I have great respect for colleagues who are working hard 36 00:01:55,120 --> 00:01:57,680 Speaker 5: trying to fix the problem, and I'm sure they are 37 00:01:57,720 --> 00:02:00,400 Speaker 5: coming up with some provisions that might help certain things. 38 00:02:00,880 --> 00:02:04,320 Speaker 5: But from what I'm hearing, this could cause as many 39 00:02:04,360 --> 00:02:06,360 Speaker 5: problems as it's sold. 40 00:02:06,400 --> 00:02:09,919 Speaker 4: The bill being drafted would reportedly grant humanitarian parole to 41 00:02:10,000 --> 00:02:14,600 Speaker 4: five thousand undocumented immigrants a day. These GOP lawmakers say 42 00:02:14,800 --> 00:02:17,560 Speaker 4: that's a magnet that will draw more people to our border. 43 00:02:17,720 --> 00:02:19,960 Speaker 4: In Washington, Nancy lyons Bloomberg Radio. 44 00:02:20,240 --> 00:02:23,440 Speaker 1: IBM vice chair Gary Cohne says recent data does not 45 00:02:23,520 --> 00:02:26,480 Speaker 1: offer a clear picture on the direction of the US economy. 46 00:02:26,840 --> 00:02:29,600 Speaker 1: Cohn served as the top economic advisor in the Trump 47 00:02:29,639 --> 00:02:32,200 Speaker 1: White House. He spoke earlier on Bloomberg. 48 00:02:32,080 --> 00:02:34,519 Speaker 6: The compounding effect of inflation because we don't have a 49 00:02:34,600 --> 00:02:38,800 Speaker 6: zero baseline basket, is really what's affecting people's mentality. The 50 00:02:38,840 --> 00:02:41,640 Speaker 6: second part of the equation is people are working harder. 51 00:02:41,639 --> 00:02:44,760 Speaker 6: They're working more jobs to be able to buy what 52 00:02:44,800 --> 00:02:48,280 Speaker 6: they want to buy. The savings from the pandemic is gone. 53 00:02:48,440 --> 00:02:52,440 Speaker 1: IBM's Gary Cohne was a guest on Bloomberg's Surveillance Well 54 00:02:52,480 --> 00:02:55,320 Speaker 1: four years after the COVID pandemic. The world might not 55 00:02:55,400 --> 00:02:58,360 Speaker 1: be ready for the next global health crisis. That's the 56 00:02:58,400 --> 00:03:02,520 Speaker 1: finding of a new report from the International Pandemic Preparedness Secretariat. 57 00:03:03,000 --> 00:03:06,640 Speaker 1: It says there aren't enough vaccines, tests, and drugs for 58 00:03:06,760 --> 00:03:10,160 Speaker 1: most of the pathogens. Pathogens that could cause the next 59 00:03:10,200 --> 00:03:14,560 Speaker 1: pandemic Bloomberg's health reporter Ashley Furlong says it doesn't end there. 60 00:03:15,080 --> 00:03:18,320 Speaker 7: There is some optimism in the report that there you know, 61 00:03:18,360 --> 00:03:23,200 Speaker 7: there is research funding. It's very heavily focused and reliant 62 00:03:23,280 --> 00:03:26,400 Speaker 7: on the US, which obviously means that you know, political 63 00:03:26,400 --> 00:03:30,440 Speaker 7: whims might might change that. And there is investment, and 64 00:03:30,480 --> 00:03:35,360 Speaker 7: we we have seen dramatic investment into into COVID therapeutics 65 00:03:35,360 --> 00:03:38,560 Speaker 7: and COVID vaccines which could help with other diseases. So 66 00:03:38,600 --> 00:03:44,720 Speaker 7: there's some optimism there, and there's a hope that you 67 00:03:44,760 --> 00:03:47,400 Speaker 7: know that the that there's still there's still sort of 68 00:03:48,040 --> 00:03:51,560 Speaker 7: some time to to to fix the problem. But I 69 00:03:51,600 --> 00:03:53,200 Speaker 7: think there's a disappointment as well. 70 00:03:53,440 --> 00:03:57,760 Speaker 1: Bloomberg's actually Furlong reporting from London. In sports news, Jim 71 00:03:57,800 --> 00:04:00,040 Speaker 1: Harbaugh has been hired as the head coach of the 72 00:04:00,040 --> 00:04:04,080 Speaker 1: Los Angeles Chargers. Harbaugh leaves Michigan right after the college's 73 00:04:04,120 --> 00:04:08,440 Speaker 1: first national championship since nineteen ninety seven. AP sources say 74 00:04:08,680 --> 00:04:11,960 Speaker 1: Harbaugh has signed a five year deal. A late night 75 00:04:12,040 --> 00:04:14,040 Speaker 1: legend is returning to the airwaves. 76 00:04:14,560 --> 00:04:16,719 Speaker 3: This is the Daily Show with Charms to. 77 00:04:19,520 --> 00:04:21,880 Speaker 1: John Stewart is returning to the Daily Show after a 78 00:04:22,000 --> 00:04:25,040 Speaker 1: nine year absence. To lead the satirical news program through 79 00:04:25,080 --> 00:04:29,760 Speaker 1: the twenty twenty four US presidential election cycle. Starting February twelfth, 80 00:04:29,960 --> 00:04:33,000 Speaker 1: Stuart will host the Comedy Central program every Monday night, 81 00:04:33,080 --> 00:04:36,000 Speaker 1: with a rotating lineup of performers anchoring the rest of 82 00:04:36,040 --> 00:04:39,360 Speaker 1: the week. The network says Stuart will also serve as 83 00:04:39,400 --> 00:04:43,400 Speaker 1: executive producer. That's news when you want it with Bloomberg 84 00:04:43,440 --> 00:04:46,279 Speaker 1: News Now. I'm Brian Curtis. This is Bloomberg