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Grasso states his claim: Tesla

5:15 PM ET Mon, 12 Aug 2013

Tesla CEO Elon Musk is unveiling something called a "Hyperloop," reports CNBC's Phil LeBeau, and Musk says he may be open to building a prototype. The "Fast Money" traders take their positions. Also, stock picks for investors to weather a pullback, with Don Hodges of Hodges Capital.