Tesla plans to lay off more than 10% of workforce as sales slump
"It must be done," Tesla CEO Elon Musk said in a memo about the layoffs sent to employees on Sunday.
Watch CBS News
"It must be done," Tesla CEO Elon Musk said in a memo about the layoffs sent to employees on Sunday.
Tesla accounted for 80% of electric vehicle sales in the U.S. in 2020, but that figure fell to 55% last year.
The U.S. has a record 813 billionaires — the most of any country.
Elon Musk defended his use of the drug in an interview with Ex-CNN host Don Lemon, pointing to his leadership of Tesla.
Today's test flight of the SpaceX Super Heavy-Starship rocket follows two launches last year that were only partially successful.
Splashdown in the Gulf of Mexico closed out a 199-day mission spanning 3,184 orbits and 84.4 million miles.
Jeff Bezos has regained his spot as the richest person in the world, barely beating out now former No. 1 Elon Musk on the Bloomberg Billionaires Index.
SpaceX launched three Falcon 9 rockets within 20 hours, including two Monday just one hour and 50 minutes apart.
Lawsuit accuses OpenAI of abandoning its mission to benefit humanity in favor of pursuing its commercial interests.
The spacecraft's instruments will study how Earth's oceans, atmosphere and land masses interact and how that interaction impacts climate change.
Actress Gina Carano, with financial backing from Elon Musk, on Tuesday sued Lucasfilm and its parent The Walt Disney Co. over her 2021 firing from "The Mandalorian."
Factory workers at Tesla have been told to expect pay raises this year.
Labor officials allege SpaceX illegally dismissed workers who publicly condemned Elon Musk's tweets as an "embarrassment."
Steep price cuts helped electric vehicle maker Tesla Inc. increase its fourth-quarter vehicle sales by almost 20% as EV sales growth slowed across the industry.
Tesla founder has earmarked $100 million to start the institutions, which will initially launch as a primary and secondary school.
Alex Jones, the conspiracy theorist known for his fake news site InfoWars and his false denial of the Sandy Hook massacre, was permanently banned from Twitter in 2018.
The billionaire owner of X took a defensive tone, saying that "the whole world will know that those advertisers killed the company."
Entering contract talks with Detroit's three automakers, Shawn Fain set lofty expectations for what he could gain for his union members — and delivered on many of them.
Federal prosecutors have expanded investigations into Tesla beyond the electric vehicle maker's partially automated driving systems, and they have issued subpoenas for information instead of simply requesting it.
A group of rabbis, academics and activists said the behavior of owner Elon Musk has allowed "a new stage in antisemitic discourse" to "spread like wildfire" on the social media site.
Elon Musk said the monthly fee to use X, formerly known as Twitter, would be a "small amount of money."
The "iPhone of robots" could soon work alongside humans in warehouses and manufacturing plants, according to electronics maker Apptronik.
The social media platform also plans to gather information on users' jobs and education histories.
Tesla is letting some drivers use its Autopilot driver-assist system for extended periods without making them put their hands on the steering wheel, a development that has drawn concern from U.S. safety regulators.
Elon Musk says the rebranding will see Twitter evolving into payments, banking and commerce, to go along with messaging.
From Flint to freshman phenom, John McKenney II says his son is always ready when the lights are brightest.
Aside from the Detroit Tigers' home opener against the St. Louis Cardinals, it's sure to be a Final Four showdown on Saturday, as Michigan takes on Arizona.
Detroit police say the officer was at the Coleman A. Young Municipal Center when the firearm went off.
A Flint, Michigan, man accused of killing a 67-year-old man in 2019 was convicted of murder for a second time after a new trial.
The University of Michigan men's basketball team has made its way to the Final Four on Saturday for the first time since 2018.
Aside from the Detroit Tigers' home opener against the St. Louis Cardinals, it's sure to be a Final Four showdown on Saturday, as Michigan takes on Arizona.
A man walked into the Livonia police station lobby with a knife and threatened to kill everyone before stabbing an officer during a struggle, police say.
A neighbor called Michigan Humane after spotting a puppy in the chimney of an abandoned home with a crumbling foundation, prompting the fire department to step in.
From Flint to freshman phenom, John McKenney II says his son is always ready when the lights are brightest.
Former Detroit Mayor Kwame Kilpatrick accuses federal prosecutors of "bullying" in their attempt to collect money following his 2013 conviction.
Michigan Gov. Gretchen Whitmer has declared an energy emergency in eight Southeast Michigan counties amid rising gas prices across the state.
General Motors has announced that it's making another round of layoffs at its Factory Zero plant in Metro Detroit. The latest round, the second this year, impacts roughly 1,300 workers and is due to a readjustment of operations amid declining electric vehicle demand.
Cities in Michigan lose big tax revenue from pollution-control tax breaks, and many do not track what they give up.
Gas prices are currently hovering just below $4 a gallon in much of Michgan, AAA says.
Henry Ford introduced the moving assembly line, a system that reshaped industrial production and helped make automobiles more accessible to the public.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
The bag, called the "Gold Standard Cassette Tape," features a bold, nostalgic design inspired by classic cassette tapes.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
It's a sign that Metro Detroiters are ready to say goodbye to winter and welcome spring, and the Marche du Nain Rouge is a feast for the eyes.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Dillon Dingler homered, Framber Valdez pitched six shutout innings and the Detroit Tigers ended a four-game losing streak with a 4-0 win over the St. Louis Cardinals in their home opener.
Officials from 23 states and the District of Columbia filed a lawsuit seeking to block President Trump's executive order that aims to restrict mail voting.
A neighbor called Michigan Humane after spotting a puppy in the chimney of an abandoned home with a crumbling foundation, prompting the fire department to step in.
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted.
Prosecutors allege the dentist billed Medicaid for large numbers of unnecessary dental crown work on patients that was not provided.
According to the Michigan Department of Health and Human Services, there have been eight confirmed measles cases in the state in 2026.
A water services provider and its president are accused of falsifying water safety and discharge tests for private water systems serving mobile home communities in Michigan.
Michigan communities have received millions from a national opioid settlement, but some haven't spent any funds yet.
Paramedics and emergency medical technicians face a harsh reality in Michigan.
From Flint to freshman phenom, John McKenney II says his son is always ready when the lights are brightest.
The University of Michigan men's basketball team has made its way to the Final Four on Saturday for the first time since 2018.
Dillon Dingler homered, Framber Valdez pitched six shutout innings and the Detroit Tigers ended a four-game losing streak with a 4-0 win over the St. Louis Cardinals in their home opener.
The Detroit Tigers open their 2026 home schedule on Friday, April 3, against the St. Louis Cardinals with a three-game series.
Michigan starting point guard Elliot Cadeau has rejoined his teammates for the Final Four and said his allergic reaction that required hospitalization a day earlier was due to an accidental exposure to nuts.
There's a focus on Michigan's defense industry as a national convention comes to Detroit in a few weeks, with over 11,000 people expected at Huntington Place.
Dave Coulter updates Oakland County's move to its new offices in downtown Pontiac and when that might take place.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
Rose talks about a new TV series being filmed in Detroit called "South West High," which revolves around a fictional high school in the Motor City.
As Women's History Month kicks off, Donna Murray-Brown, the new president and CEO of Inforum, appears on Michigan Matters.
Some of Michigan's biggest fans are heading to Indianapolis to cheer on the Michigan Wolverines in the Final Four this weekend. However, no one will be cheering louder than the athletes' parents. CBS News Detroit spoke with the father of freshman Trey McKenney to learn about what led him to the Wolverines and the Final Four.
Dozens participate in the annual Walk for Hope to take a stand against gun violence.
While many Michigan Wolverine fans traveled to Indianapolis for the Final Four, many stayed in Ann Arbor. Police are now preparing for any planned celebrations in the area.
The Michigan Wolverines are less than 24 hours from competing in the Final Four against Arizona. It is the team's first time in the Final Four since 2018.
Detroit police made their presence Friday night as large crowds gathered around the downtown area. Police say it was in response after dozens of teens flooded the area Monday night.