Elon Musk Settles SEC Fraud Suit For $20M, To Step Down As Chair Of Tesla Board
Musk had been accused of misleading investors when he tweeted that he was thinking of taking Tesla private.
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Musk had been accused of misleading investors when he tweeted that he was thinking of taking Tesla private.
U.S. securities regulators have filed a complaint against Tesla CEO Elon Musk alleging that he made false and misleading statements about plans to take the company private in August.
Los Angeles Mayor Eric Garcetti expressed support Friday for Elon Musk and said he wants the city to keep pursing several large-scale projects with the tech tycoon's companies despite his eyebrow raising behavior lately.
Tesla stock tumbled Tuesday after the U.S. Department of Justice announced it will investigate the company over a statement made by CEO Elon Musk about taking Tesla private.
Tesla chief executive Elon Musk, already under scrutiny for his public outbursts, appeared to smoke marijuana during a live interview with comedian Joe Rogan.
Passengers would ride in skates, which would travel 125 to 150 mph. A ride would cost $1.
The purpose of Dugout Loop is to help reduce traffic in Los Angeles by providing a clean and efficient public transportation option to Dodger Stadium, the company said in a statement.
Where robots fail, humans thrive. A quick look at Elon Musk's battle to save Tesla from excessive automation.
Doing so would remove Tesla from Wall Street scrutiny, eliminating the requirement for Musk to explain himself to shareholders.
On Saturday, Musk tweeted a screenshot of potter Tom Edwards' website reading "Copyright Issue: RESOLVED!"
The controversy began when caver Vernon Unsworth described Musk's attempt to help save the stranded boys with a "kid-size submarine" as a PR stunt.
A Colorado potter is in an argument with Elon Musk over a farting unicorn.
Electric car maker Tesla Inc. is laying off about 3,600 white-collar workers as it slashes costs in an effort to become profitable.
Getting from Dodger Stadium to LAX in 10 minutes? Sold.
He said he was largely inspired by the "soul-sucking traffic on the 405."
If the Hawthorne demo is successful, Musk is hoping to follow it up with a 2.7-mile tunnel which will run parallel to Sepulveda Boulevard, from West L.A. south to Culver City.
Last week, Elon Musk showed "CBS This Morning" co-host Gayle King the couch he sleeps on when he works late at his Tesla Model 3 factory. The internet was not pleased with the piece of furniture.
Musk said he plans to test the high-speed pod to see if it can reach half the speed of sound, or about 400 miles per hour, and then brake in three-quarters of a mile.
Elon Musk is lending his considerable social media voice to the "#DeleteFacebook" campaign.
The space giant is headquartered in Hawthorne — and its mission to Mars could expand in the South Bay, according to a new report.
Southland residents could be treated to another Elon Musk-sponsored light show on Wednesday as Hawthorne-based SpaceX launches a mission from Vandenberg Air Force Base.
Elon Musk's decision to sell flamethrowers is coming under fire from local fire experts.
The proposed tunnel would run from Sherman Oaks to Long Beach and transport electric cars underneath Los Angeles.
The company also said Monday it had reached speeds of 387 km per hour, or roughly 240 miles per hour.
L.A. Councilman Paul Koretz says he's in favor of the tunnels because they have a chance to relieve traffic headaches for millions of people in the region.
os Angeles Metro said there will be no service between South Pasadena and Highland Park stations due to the incident.
The LA County Fair's theme this year is Play Your Way, which aims at celebrating recreation, imagination and different ways to let loose.
CBS News California Investigates obtained data from the LAFD that show 24,503 of the 25,461 patients who received naloxone doses since 2022 survived their overdose, about 96%.
The Pasadena Unified School District, citing structural concerns, announced that it will demolish the beloved tower at Eliot Arts Magnet.
It's been a month since the 1.2 million square-foot Kimberly-Clark paper goods warehouse in Ontario was engulfed in flames after it was allegedly set on fire by an arson suspect. Even now, some residents say they're afraid to return home due to the still-smoldering remains of the paper goods once stored in the building.
os Angeles Metro said there will be no service between South Pasadena and Highland Park stations due to the incident.
The LA County Fair's theme this year is Play Your Way, which aims at celebrating recreation, imagination and different ways to let loose.
The Pasadena Unified School District, citing structural concerns, announced that it will demolish the beloved tower at Eliot Arts Magnet.
It's been a month since the 1.2 million square-foot Kimberly-Clark paper goods warehouse in Ontario was engulfed in flames after it was allegedly set on fire by an arson suspect. Even now, some residents say they're afraid to return home due to the still-smoldering remains of the paper goods once stored in the building.
Culver City said it will not issue fines to residents who fail to follow state regulations for trash sorting during the annual garbage inspection.
os Angeles Metro said there will be no service between South Pasadena and Highland Park stations due to the incident.
The LA County Fair's theme this year is Play Your Way, which aims at celebrating recreation, imagination and different ways to let loose.
CBS News California Investigates obtained data from the LAFD that show 24,503 of the 25,461 patients who received naloxone doses since 2022 survived their overdose, about 96%.
The Pasadena Unified School District, citing structural concerns, announced that it will demolish the beloved tower at Eliot Arts Magnet.
Culver City said it will not issue fines to residents who fail to follow state regulations for trash sorting during the annual garbage inspection.
Some light showers could pass through Southern California overnight on Monday and Tuesday.
Following the Orange County death of victim Ed Ashman on Thursday, new charges of involuntary manslaughter for the teen's mother were announced by the DA on Friday.
Ocean experts say to expect more shark sightings through the summer. "It is gearing up to be a sharky summer," said Chris Lowe, the director of the Shark Lab at California State University, Long Beach.
The redesignation of All American Way to Charlie Kirk Way is "in honor of slain activist Charlie Kirk," according to Westminster City Council documents. The name change was approved by the city council in a 4–1 vote last fall.
The crash happened at around 11:50 a.m. near Newland Street, police said.
It's been a month since the 1.2 million square-foot Kimberly-Clark paper goods warehouse in Ontario was engulfed in flames after it was allegedly set on fire by an arson suspect. Even now, some residents say they're afraid to return home due to the still-smoldering remains of the paper goods once stored in the building.
Deputies say that the 52-year-old Oxnard man was allegedly driving under the influence when he ran a stop sign and collided with a vehicle, killing two people and severely injuring another.
It is unclear what events led up to the shooting, but officials said they will be reviewing body-worn camera footage and privately recorded video shared on social media.
An 18-year-old man died on Sunday after losing control of his car and crashing on Highway 74 in Riverside County during a rainstorm on Sunday, according to the California Highway Patrol.
A downtown Riverside bar reopened on Tuesday after being closed for two weeks due to the damage caused by flooding when a vandal stole copper pipe from their plumbing system.
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
The last time a horse won the Triple Crown was in 2018.
A proposed $250 million settlement would compensate millions of consumers who bought the iPhone 16, iPhone 15 Pro or iPhone 15 Pro Max.
In a new lawsuit, two California residents allege that Cento Fine Foods doesn't use real San Marzano tomatoes in one of its products.
Ted Turner built a media empire that included cable channels CNN, TBS and TNT, and he owned the Atlanta Braves for 20 years.
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
The 81-year-old former New York City mayor has been hospitalized for pneumonia, his spokesperson said.
Los Angeles mayoral candidate Spencer Pratt lashed out at his opponents in a new attack ad.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
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.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
LA County public health officials issued a bacteria warning at several beaches as a potentially record-breaking heat wave arrives in Southern California.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
A home-based food movement has been heating up in California, with home cooks turning their beloved family recipes into small businesses.
More than a dozen cities and counties across California were given a "final warning" from state officials Wednesday, saying they have failed to properly plan for additional new homes amid the state's lack of affordable housing.
Beckett Sennecke, Leo Carlsson and Jansen Harkins scored for the Ducks and Lukas Dostal came 5.6 seconds from his first career playoff shutout as Anaheim defeated the Vegas Golden Knights 3-1 to even their series at a game apiece.
Toluca has qualified for the CONCACAF Champions Cup final with a 4-0 win over LAFC, advancing 5-2 on aggregate.
Travis d'Arnaud hit a three-run homer, Walbert Ureña threw six innings of two-hit ball, and the Los Angeles Angels defeated the Chicago White Sox 8-2.
Andy Pages set career highs with three homers and six RBIs and Shohei Ohtani broke out of a slump with two hits to lead the Los Angeles Dodgers to a 12-2 rout of the Houston Astros Wednesday.
The last time a horse won the Triple Crown was in 2018.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
Just a week after the two-weekend Coachella Music Festival left Indio, the Empire Polo Club grounds were flooded by country music fans for Stagecoach. Police arrested 119 people during the three-day event, most of whom were arrested for possession of alcohol under 21 years of age.
The Stagecoach Music Festival was evacuated on Saturday night due to extreme winds blowing in the area.
Brandi Bakewell, executive vice president of Bakewell Media, talks about one of the LA Sentinel’s lead stories which is about CBS LA anchor Amy Johnson. The piece gives a behind-the-scenes look into Johnson’s life and family.
Saddie Murray, the Go-To Girlfriend, shares some last-minute Mother’s Day gift ideas.
Celebrity party planner Marley Majcher shares ideas for Mother’s Day tea parties. She says that you can use a lot of items you might have at home already.
Emily Kaufman, The Travel Mom, talks about different trips to celebrate America’s 250th birthday.
Isaac Hale, assistant professor of politics at Occidental College, discusses the first LA mayoral debate. He said the candidates were not shy about throwing gabs at each other.
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.
