Tesla CEO Elon Musk Overtakes Amazon's Jeff Bezos To Become World's Richest Person, $191B Net Worth
Elon Musk, CEO of Bay Area electric carmaker Tesla, edged past Amazon founder Jeff Bezos to grab the title of world's richest person.
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Elon Musk, CEO of Bay Area electric carmaker Tesla, edged past Amazon founder Jeff Bezos to grab the title of world's richest person.
Shares of the Bay Area-based electric carmaker fell more than 5% in early trading Monday, dipping along with the broader market because of concerns about a new variant of Covid-19 and some disappointment over the relatively small stimulus deal reached in Washington.
The market value of the electric car maker, led by Elon Musk, has soared to around $600 billion, making it the largest company ever to be added to the S&P 500.
Tesla said Tuesday it is looking to raise up to $5 billion in capital through a stock offering. The announcement came on the same day CEO Elon Musk said he has moved his home to Texas from California.
Police in Fremont have released the results of a pilot program involving a Tesla added to its fleet, saying the electric vehicle can withstand the rigors of police use, while requiring less maintenance.
Bay Area electric car manufacturer Tesla will join the S&P 500 Index, effective December 21, according to a Monday announcement from S&P Global.
Tesla has become the most valuable and (by some measures) the most profitable automaker in the world. But a short while ago, the Bay Area based manufacturer of electric vehicles nearly toppled into bankruptcy.
Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter.
Bay Area electric vehicle maker Tesla's third-quarter sales jumped 44% as global demand for its vehicles outpaced that of most other automakers.
On Monday, Wheeler sent Newsom a letter questioning how the state could add millions of electric vehicles despite having "a record of rolling blackouts."
Uber plans to offer rides exclusively in electric vehicles by 2030 in US, Canadian and European cities, and be entirely free of emissions by 2040.
Elon Musk is worth $96 billion, making him the fourth-richest man in the world.
The city of Richmond announced a partnership late last week with the company Volta Charging to place electric vehicle charging stations near the Richmond BART station parking garage at no taxpayer cost.
Tesla has filed suit in a California court against its potential rival Rivian, alleging that the Michigan-based electric truck maker poached its employees and instructed at least one employee to steal trade secrets.
Tesla is trying to assure its 55,000 employees that there hasn't been a big coronavirus outbreak at company facilities worldwide.
Tesla is scrapping plans for a bargain Model Y SUV because of its short range on a single charge, CEO Elon Musk said.
At the end of May Tesla granted CEO Elon Musk stock options worth $1.8 billion today. Now, the Bay Area electric car company is about to do that again.
Tesla says it delivered more electric vehicles worldwide in the second quarter than it did in the first.
Elon Musk's Bay Area-based electric car business exceeds the value of almost every company in the S&P 500, including some iconic American companies.
J.D. Power released its annual quality study and it's terrible news for Bay Area-based Tesla.
Electric automaker Tesla has dropped its lawsuit against Alameda County over the shelter in place order that shuttered its factory in Fremont.
Tesla has picked Austin, Texas, and Tulsa, Oklahoma, as finalists for its new U.S. assembly plant, a person briefed on the matter said Friday.
Tesla's stock price dropped sharply Friday, minutes after CEO Elon Musk tweeted "Tesla stock price is too high, IMO."
Tesla and SpaceX CEO Elon Musk is railing against stay-at-home orders meant to slow the coronavirus pandemic.
Tesla is rolling out a new feature of its partially automated driving system designed to spot stop signs and traffic signals.
There are plenty of different answers, which is understandable, considering how new the technology is to society. Some people use it every day for work; others use it every day without even realizing they're using it.
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
Former EDD Director and Counsel at Duane Morris LLP Michael Bernick says that while tech layoffs continue to happen, data indicates people can't directly point the finger at AI.
A 9-year-old boy crossing a Santa Rosa street on Tuesday night was struck by a passing vehicle, leaving him with significant injuries, aurhorities said.
A man and a young child died while two others were critically hurt in a house fire in Richmond that was intentionally set on Tuesday night by the man's son, pollce said.
There are plenty of different answers, which is understandable, considering how new the technology is to society. Some people use it every day for work; others use it every day without even realizing they're using it.
CBS News medical correspondent Dr. Céline Gounder, who has had melanoma herself, said Moderna's experimental trial is "a big win for mRNA vaccines against cancer."
Former EDD Director and Counsel at Duane Morris LLP Michael Bernick says that while tech layoffs continue to happen, data indicates people can't directly point the finger at AI.
A 9-year-old boy crossing a Santa Rosa street on Tuesday night was struck by a passing vehicle, leaving him with significant injuries, aurhorities said.
A man and a young child died while two others were critically hurt in a house fire in Richmond that was intentionally set on Tuesday night by the man's son, pollce said.
There are plenty of different answers, which is understandable, considering how new the technology is to society. Some people use it every day for work; others use it every day without even realizing they're using it.
Former EDD Director and Counsel at Duane Morris LLP Michael Bernick says that while tech layoffs continue to happen, data indicates people can't directly point the finger at AI.
A man suspected in a 2008 cold case murder in San Francisco was arrested after he was found to be living in Las Vegas, authorities said.
Economists caution that large regional estimates do not necessarily show how much money reached individual neighborhood businesses or whether the gains continued after visitors left.
On Aug. 7, Badlands and Toad Hall announced it would pause its use of PatronScan and would check ID's manually.
State Sen. Aisha Wahab holds a narrow lead over BART director Melissa Hernandez in the race to replace former Rep. Eric Swalwell in California's 14th Congressional District.
A good Samaritan was wounded in a shooting in an Alameda shopping center parking lot on Saturday, police said.
But these days, she's also planting something that's taken her cooking to new heights, and maybe her mood too.
A proposed AI and technology hub in downtown Oakland is drawing sharp opposition from residents, and now the councilmember who represents the district says she's working to de-escalate hostile rhetoric surrounding the project.
Oakland cleanup crews have a new tool in the city's ongoing battle against illegal dumping: a giant mechanical claw designed to quickly remove large, bulky piles of trash.
Mayor Matt Mahan said this year is consequential due to an updated housing zoning element.
Two adults and four teens in a stolen vehicle were arrested in Santa Cruz after colliding with a patrol vehicle and leading police and highway patrol officers on a chase, authorities said.
After nearly a month in U.S. Immigration and Customs Enforcement detention, Alevtina Soboleva and her daughter emerged through the doors at SFO Sunday morning.
San Jose and Santa Cruz's last 8 p.m. sunset was Aug. 14. San Francisco's last 8 p.m. sunset is Aug. 16. And Santa Rosa's is Aug. 18.
A Bay Area woman and Russian immigrant who is seeking political asylum was released on bond Friday after being detained by U.S. Immigration and Customs Enforcement last month.
A 9-year-old boy crossing a Santa Rosa street on Tuesday night was struck by a passing vehicle, leaving him with significant injuries, aurhorities said.
Villa Marin is self-governed by its residents, who own their apartments and pay an average of $6,000 a month in HOA fees. That includes housekeeping, paddle courts, a library, a salon, and a fully equipped health center with on-site medical staff.
San Jose and Santa Cruz's last 8 p.m. sunset was Aug. 14. San Francisco's last 8 p.m. sunset is Aug. 16. And Santa Rosa's is Aug. 18.
Santa Rosa kicked off a pilot program Friday night to bring life back into the downtown area. The goal is to help local businesses keep their doors open and flourish. But it's also an opportunity to bring community back to the city.
A blues virtuoso and a wayward Southern belle living in the Bay Area are sharing their recipe for comfort and joy.
The Golden State Valkyries, fresh off clinching their second playoff slot in just their second year, will test their playoff mettle in a matchup against the first-place Minnesota Lynx on Wednesday.
The 2027 WNBA All-Star Game will be hosted at Chase Center in San Francisco, the league announced Tuesday.
Gabby Williams had 23 points and seven rebounds, Veronica Burton added 16 points and five assists, and the Golden State Valkyries clinched a playoff berth by beating the Dallas Wings 78-70 for their sixth straight victory.
Adael Amador and Brett Sullivan each hit a three-run home run to help the Colorado Rockies beat the San Francisco Giants 13-7.
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
A man and a young child died while two others were critically hurt in a house fire in Richmond that was intentionally set on Tuesday night by the man's son, pollce said.
A man suspected in a 2008 cold case murder in San Francisco was arrested after he was found to be living in Las Vegas, authorities said.
An inmate ran out of a preliminary hearing at the Fairfield Courthouse Tuesday afternoon, knocking down a deputy district attorney and making it out of the courtroom before he was quickly apprehended, the Solano County Sheriff's Office said.
Two adults and four teens in a stolen vehicle were arrested in Santa Cruz after colliding with a patrol vehicle and leading police and highway patrol officers on a chase, authorities said.
A good Samaritan was wounded in a shooting in an Alameda shopping center parking lot on Saturday, police said.
There are plenty of different answers, which is understandable, considering how new the technology is to society. Some people use it every day for work; others use it every day without even realizing they're using it.
Former EDD Director and Counsel at Duane Morris LLP Michael Bernick says that while tech layoffs continue to happen, data indicates people can't directly point the finger at AI.
On Aug. 7, Badlands and Toad Hall announced it would pause its use of PatronScan and would check ID's manually.
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by deliberately designing features that addict children to its platforms.
A proposed AI and technology hub in downtown Oakland is drawing sharp opposition from residents, and now the councilmember who represents the district says she's working to de-escalate hostile rhetoric surrounding the project.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Multiple unpermitted street food vendors in Fairfield were cited for violations last week after inspections found them selling food unsafe for public consumption, authorities said.
After weeks of uncertainty, students at Richmond's John F. Kennedy High School will start their classes on schedule after weeks after toxic chemicals were found underneath the campus.
Sunnyvale police raided smoke shops across the city and seized thousands of illegal products over the past two months, the city's Department of Public Safety said.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
Mayor Matt Mahan said this year is consequential due to an updated housing zoning element.
For California's craft distilleries, the ability to ship directly to customers has become an important way to reach consumers beyond their tasting rooms and local restaurants.
The Justice Department is planning to deploy a record 1,000 federal monitors to polling places throughout the U.S. for the midterm elections.
State Sen. Aisha Wahab holds a narrow lead over BART director Melissa Hernandez in the race to replace former Rep. Eric Swalwell in California's 14th Congressional District.
California lawmakers are weighing whether to take action after videos surfaced showing an electric-shock glove that may soon be used as part of federal immigration enforcement.
California Attorney General Rob Bonta has joined a coalition of 19 attorneys general in supporting a federal lawsuit challenging Idaho's law that bars transgender students from using school restrooms and other sex-separated facilities that align with their gender identity.
Berlin police did not identify the suspect, who is still at large, by name but said that he was already known to police and is from Berlin.
LGBTQ+ communities have significantly higher rates of unemployment than the general population. Kelsi Thorud reports on how the City of Oakland is empowering LGBTQ+ job seekers during Pride Month.
The fallout over the opposition by a handful of San Francisco Giants players against the team's Pride Night celebrations has prompted an investigation of Major League Baseball by the Trump administration.
Major League Baseball has warned players about writing on their uniforms after San Francisco starter Landen Roupp and two other pitchers added Bible verses to their Pride Night caps on Friday night.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
A blues virtuoso and a wayward Southern belle living in the Bay Area are sharing their recipe for comfort and joy.
Becky G spoke exclusively with "CBS Mornings" co-host Gayle King about her rise to fame, being the breadwinner of the family at a young age and her new music.
While Outside Lands in San Francisco was expected to attract a quarter million people to San Francisco, another event in the Bay Area also offered music, food and dancing, but with an island flair.
A California lawmaker wants to address the rising cost of event tickets by limiting how much some tickets can be marked up on the resale market.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Juliette Goodrich reports.
Katie Nielsen reports.
with Darren Peck.
Max Darrow reports.
Max Darrow reports.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.