Elon Musk plans to cut 10% of Tesla workforce
Billionaire businessman and Tesla CEO Elon Musk is reportedly considering cutting 10% of Tesla's workforce after having a "super bad feeling" about the current state of the economy.
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Billionaire businessman and Tesla CEO Elon Musk is reportedly considering cutting 10% of Tesla's workforce after having a "super bad feeling" about the current state of the economy.
Tesla CEO says employees who don't show up to the electric car maker's offices will be assumed to have resigned.
News alleviates investor doubts over billionaire's resolve, sending Twitter stocks up 5.5% in after-hours trading.
Tesla founder says his $44 billion purchase of the social media giant is being held up by questions over spam and fake accounts.
Musk said Twitter's permanent suspension of Trump in the days following the January 6 attack "was morally wrong and flat out stupid."
The world's richest man tweeted that he doesn't intend to sell any more Tesla shares.
The campaign has raised questions over the legitimacy of his run for Senate, or if it's primarily a grounds for O'Dowd to attack his competitor in Tesla. CBS Political Reporter Tom Wait spoke with the Santa Barbara tech millionaire, who clarified why he's entered the race, despite declining to campaign against any other competitors, or touch on any other issues.
Social media company is a "digital town square where matters vital to the future of humanity are debated," billionaire says.
Social media company's board is set to accept Musk's bid to buy the company for $43 billion, according to media reports.
The social media company said the plan doesn't prohibit an acquisition if it is in the "best interests of Twitter and its shareholders."
Billionaire founder of Tesla launches hostile bid for the social media company, saying it "needs to be transformed."
Despite becoming a 9.2% shareholder in Twitter, Elon Musk has reportedly opted not to join their board after discussing the matter with CEO Parag Agarawal.
Twitter's CEO Parag Agarawal announced the decision Sunday evening.
Tesla CEO, who has raised questions about the social media platform's policies, is purchasing 9.2% of Twitter's shares.
Despite the ongoing supply chain crisis, electric vehicle manufacturer Tesla reported a 68% increase in production in the same time in 2021, delivering over 300,000 vehicles in the first quarter of 2022.
To meet rising demand, SpaceX plans three rideshare missions per year to give small satellites access to space.
Elon Musk has been named Time Magazine's "Person of the Year."
Tesla joined the likes of Facebook, Amazon and Google on Monday, becoming the sixth American business to join the Trillion Dollar Club.
Musk made it clear last year that he was frustrated with pandemic-related closures and protocols that forced Tesla to pause production in Fremont, California.
Tesla is under fire after some customers reportedly had payments withdrawn twice.
California-based electric car company Tesla on Monday announced that it bought $1.5 billion in bitcoin.
After a string of last-minute delays and scrubbed missions, Hawthorne-based SpaceX successfully launched 60 internet satellites into orbit from Florida's Cape Canaveral on Tuesday.
She's gracing the covers of magazines, walking glamorous runways around the world, and landing national modeling contracts -- and at age 71, this inspiring supermodel is only getting started.
Hawthorne-based SpaceX set a record Tuesday for the reuse of its workhorse Falcon 9 rockets when it launched another batch of internet satellites into orbit.
Two astronauts who were part of a historic launch to the International Space Station are expected to return to Earth on Sunday, weather permitting.
After his son died while hiking Mount Baldy, Kenneth Muensch Casanova called on Angeles National Forest officials to require permits on the dangerous mountain.
Police said the casino was evacuated for an active investigation, but did not specify.
The westbound 10 Freeway near Sawtelle was closed after a pursuit suspect surrendered to Los Angeles police.
The Los Angeles Police Department was in pursuit of a narcotics suspect near Boyle Heights.
The Los Angeles County Sheriff's Department was in pursuit of a possible reckless driver near downtown.
After his son died while hiking Mount Baldy, Kenneth Muensch Casanova called on Angeles National Forest officials to require permits on the dangerous mountain.
Police said the casino was evacuated for an active investigation, but did not specify.
The westbound 10 Freeway near Sawtelle was closed after a pursuit suspect surrendered to Los Angeles police.
The Los Angeles Police Department was in pursuit of a narcotics suspect near Boyle Heights.
Firefighters said that flames from the boarded-up business were threatening the four-story apartment building next door, prompting evacuations for residents.
After his son died while hiking Mount Baldy, Kenneth Muensch Casanova called on Angeles National Forest officials to require permits on the dangerous mountain.
Police said the casino was evacuated for an active investigation, but did not specify.
The westbound 10 Freeway near Sawtelle was closed after a pursuit suspect surrendered to Los Angeles police.
The Los Angeles Police Department was in pursuit of a narcotics suspect near Boyle Heights.
The Los Angeles County Sheriff's Department was in pursuit of a possible reckless driver near downtown.
After his son died while hiking Mount Baldy, Kenneth Muensch Casanova called on Angeles National Forest officials to require permits on the dangerous mountain.
A Santa Ana community scrambled to ensure their 101-year-old neighbor wasn't left behind when a fire broke out in her condo.
Orange County prosecutors said the suspect was allegedly sex trafficking a 17-year-old girl in Anaheim.
Irvine police are looking for a woman who left a Bible on a doorstep after stealing a package in Irvine.
The abandoned Westminster Mall has turned into a hotspot for vandalism since shuttering in late 2025, according to police who are attempting to raise awareness about the issue.
After his son died while hiking Mount Baldy, Kenneth Muensch Casanova called on Angeles National Forest officials to require permits on the dangerous mountain.
"If you don't have the training or the right equipment, you will end up like I did," said Manny Vasquez, who fell 300 feet while hiking up Mount Baldy.
The San Bernardino County Board of Supervisors approved the fee waivers to eligible property owners, primarily in Wrightwood, Lytle Creek, Phelan, Piñon Hills, Hesperia, and areas near Mt. Baldy.
A driver who was possibly driving under the influence triggered a deadly wrong-way crash on the 215 Freeway in Riverside early Wednesday morning, according to California Highway Patrol officers.
Firefighters said that the woman suffered severe burns when she escaped from the burning mobile home at around 11 a.m on Tuesday.
Kyle Tucker has agreed to a $240 million, four-year contract with the Los Angeles Dodgers, bolstering the franchise's chance for a third consecutive World Series championship.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
California Gov. Gavin Newsom says he is blocking Louisiana's effort to extradite a California doctor accused of mailing abortion pills out of state.
An Immigration and Customs Enforcement officer shot a man Wednesday night in north Minneapolis after allegedly being attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Four space station Crew 11 fliers splashed down off the Southern California coast at 3:41 a.m. ET, closing out a 167-day stay in space cut short by a medical issue.
President Trump and California Gov. Gavin Newsom are both pitching plans to restrict corporations from buying single-family homes.
An Immigration and Customs Enforcement officer shot a man Wednesday night in north Minneapolis after allegedly being attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
The State Department announced it will stop giving out visas to nationals of dozens of countries who are seeking to move to the U.S. permanently.
A panel for the U.S. Central District Court of California ruled Democrats can proceed in using their redrawn congressional maps for the 2026 midterm elections.
The FBI's search is part of a probe into a federal employee suspected of mishandling classified information, Attorney General Pam Bondi said.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
With the help of her daughter and her 5th-grade class, CBS News California (KCAL) Investigative reporter Julie Watts investigates "Sephora Kids" concerns.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.
At least 11 people have contracted Salmonella linked to powder supplements sold at Sam's Club stores nationwide, health authorities said.
About 30% of San Francisco was without power at the height of the outage, according to utility provider PG&E.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
California is set to join a growing list of states banning the practice of cat declawing, under a new law taking effect in January.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Waymo has begun offering autonomous robotaxi service using freeways for the first time in select cities in California and Arizona, the company announced.
Kyle Tucker has agreed to a $240 million, four-year contract with the Los Angeles Dodgers, bolstering the franchise's chance for a third consecutive World Series championship.
Authorities said the alleged scheme involved 39 players, 17 different NCAA Division I men's basketball teams and 29 games.
FIFA says it has received over 500 million ticket requests for 2026 World Cup matches in the U.S., Canada and Mexico— with prices as high as $8,680.
Mark Stone scored 25 seconds into overtime, Jack Eichel had three assists and the Vegas Golden Knights beat the Los Angeles Kings 3-2 on Wednesday night.
Kawhi Leonard scored 33 points and James Harden added 22 points as the Los Angeles Clippers extended their winning streak to four games with a 119-105 victory over the Washington Wizards.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Mayor Sharona Nazarian is the first Iranian American woman to serve as Beverly Hills' mayor. About 20% of residents in her city are Iranian American.
The Bell Gardens Police Department said the suspect called the casino, claiming they planted a bomb and were coming to the resort with a firearm. Officers said around 500 people were evacuated from the casino. Lauren Pozen reports.
Backers say a City of Los Angeles sales tax increase would allow LAFD to hire more firefighters, build and repair fire stations, acquire more engines, trucks, and ambulances, as well as more tools and equipment. Tom Wait reports.
After his son died while hiking Mount Baldy, Kenneth Muensch Casanova called on Angeles National Forest officials to require permits on the dangerous mountain. Nicole Comstock reports.
Mayor Sharona Nazarian is the first Iranian American woman to serve as Beverly Hills' mayor. About 20% of residents in her city are Iranian American.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
