Tesla Offers $2B In Additional Shares, Stock Dips Slightly
Shares of Tesla Inc. fell just over 1 % in early trading Thursday after the electric vehicle and solar panel maker announced it would sell more than $2 billion worth of additional shares.
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Shares of Tesla Inc. fell just over 1 % in early trading Thursday after the electric vehicle and solar panel maker announced it would sell more than $2 billion worth of additional shares.
An Apple engineer who died when his Tesla Model X hit a concrete barrier on a Silicon Valley freeway had complained before his death that the SUV's Autopilot system would malfunction in the area where the crash happened.
Tesla's stock soared on Tuesday, continuing a remarkable rally in which the stock has soared for days, weeks and months.
Tesla posted its first annual profit, easily topping Wall Street's forecasts in the final three months of 2019.
The meteoric rise of Tesla shares that recently pushed the Bay Area company's value over $100 billion could turn into a supercharged payday for CEO Elon Musk.
Tesla is disputing claims by a California man that all three models of the company's cars can suddenly speed up on their own without the driver touching the accelerator pedal.
The U.S. government's auto safety agency is looking into allegations that all three of Tesla's electric vehicles can suddenly accelerate on their own.
Elon Musk is getting close to the first big payday from his massive stock package.
Wall Street's current love for Tesla has lifted its shares to a level never before achieved by a US automaker.
The outlandish Tesla CEO danced like nobody was watching in front of a very large crowd.
Tesla's global deliveries rose more than 50% last year, meaning the Bay Area-based electric car company surpassed the low end of its sales goals for 2019.
Three crashes involving Teslas that killed three people have increased scrutiny of the company's Autopilot driving system.
Fifteen employees of the Bay Area-based electric carmaker become the first customers to receive Model 3s produced in China
Tesla CEO Elon Musk once said he had a buyer that would take Tesla private at $420 a share.
Elon Musk's reimagined electric version of the pickup truck, the Cybertruck, has captured a tremenous amount of internet attention — and even some pre-orders, even though it won't hit roads until 2021.
Ford unveiled its all-electric Ford Mustang Mach-E crossover SUV on Sunday, and Tesla CEO Elon Musk sent out a congratulatory tweet.
Tesla's delivery numbers fell short of the 100,000 cars CEO Elon Musk hoped to deliver for the three months ending in September.
Bay Area electric carmaker Tesla has a shot at selling 100,000 cars this quarter, a first for the company, according to an email that CEO Elon Musk has sent to his employees.
A Tesla electric patrol car by the Fremont Police ran low on electricity in the middle of a pursuit, after the department said someone forgot to plug the vehicle into a charger.
A Delaware judge has denied Tesla's request to dismiss a shareholder lawsuit over a compensation plan that could net CEO Elon Musk more than $50 billion over the next decade.
The Model 3 is only the second all-electric vehicle to receive the award.
A federal safety regulator demanded last fall that Tesla stop claiming the Model 3 is the safest car ever tested. But Tesla has stood by the claim.
Tesla suffered a loss of $408 million during its latest quarter as the company continues to struggle to prove it can make money while producing electric cars at prices that a mass market can afford.
Bay Area-based electric car company Tesla overcame logistics problems to set a quarterly record for deliveries from April through June.
"This will be a better truck than an F-150 in terms of truck-like functionality," Tesla CEO Elon Musk said.
The House and Senate have now passed a 10-day extension for the controversial warrantless surveillance law.
The Ford station wagon thought to belong to the Martin family was found in 2024 by a diver who had been looking for it for several years.
A sea lion turned heads in San Francisco's Outer Sunset after wandering out of the ocean and onto a neighborhood street.
Carnival Cruise Line has been ordered by a Florida jury to pay $300,000 to a Sacramento woman who, according to a federal lawsuit, crewmembers served 14 tequila shots before she fell down a stairwell and was injured.
Macklin Celebrini had a goal and two assists to break Joe Thornton's San Jose record for points in a season with 115, helping the Sharks rout the Winnipeg Jets 6-1 on Thursday night in the finale for both teams.
The House and Senate have now passed a 10-day extension for the controversial warrantless surveillance law.
The Ford station wagon thought to belong to the Martin family was found in 2024 by a diver who had been looking for it for several years.
A sea lion turned heads in San Francisco's Outer Sunset after wandering out of the ocean and onto a neighborhood street.
Carnival Cruise Line has been ordered by a Florida jury to pay $300,000 to a Sacramento woman who, according to a federal lawsuit, crewmembers served 14 tequila shots before she fell down a stairwell and was injured.
After polling around 3% last month, former state attorney general Xavier Becerra jumped to 10% after Eric Swalwell dropped out of the California governor's race.
A sea lion turned heads in San Francisco's Outer Sunset after wandering out of the ocean and onto a neighborhood street.
San Francisco's iconic Fisherman's Wharf, which draws tourists from around the globe, has been garnering some mixed reactions from visitors.
San Francisco is modernizing its communications systems to ensure that nothing hinders first responders in the event of a disaster.
Prosecutors in San Francisco charged a man with murder, alleging he struck and ran over an elderly pedestrian in a fit of road rage.
The celebration for San Francisco's 176th birthday was held at the East Cut, and the annual event, organized by Empire, brought together Bay Area artists, vendors and residents in a showcase of community pride.
An 83-year-old woman's idea to share kindness is in full bloom in the East Bay.
Police in Berkeley are seeking help from the public as they search for a 28-year-old man who has been missing for nearly two weeks.
Bay Area Rapid Transit said the system is recovering after an issue involving a train in San Francisco led to major delays early Wednesday morning.
The gift is for graduating students who didn't qualify for free tuition and involves 181 students who owed a range from $2 to close to $1,000.
Just after 5 p.m., BART said there was an equipment problem on the track between 19th Street and MacArthur, and that it was creating a 20-minute delay. It was soon upgraded to a major delay, and by 6 p.m., BART had notified riders that A/C transit and Muni service were available.
Three San Jose residents filed a class-action lawsuit against the city over its network of ALPR cameras, alleging that the program violates their constitutional rights.
After four Palo Alto High School students used railroad crossings to take their own lives in the last two years, a proposal was brought to city council to close the Churchill Avenue crossing, which is right next to the school.
Two sea otters that were rescued off the Central California coast made their debuts at the Monterey Bay Aquarium on Tuesday.
Bay Area Rapid Transit said the system is recovering after an issue involving a train in San Francisco led to major delays early Wednesday morning.
A San Jose man has been arrested on multiple counts of assault in connection with a series of unprovoked attacks primarily targeting elderly men.
In 2019, a company called Catalyst Properties approached the city of Larkspur with an idea. They convinced the city to pair up with a newly formed organization to create tax-free bonds as a way to purchase apartment complexes, turning them into middle-income housing.
A woman wielding a knife allegedly threatened people outside a supermarket in Santa Rosa before officers used less-than-lethal devices to immobilize her and take her into custody, police said on Monday.
A homeowner in Fairfield armed with a shovel fought off an intruder during a confrontation caught on video, police said.
Multiple teens were injured during a crash early Saturday morning in Novato, police said. One of them died, and the others remain in critical condition.
Local leaders say Southwest's arrival will significantly increase the number of travelers flying in and out of the airport this year, a development they call a major step forward for both convenience and economic growth.
Macklin Celebrini had a goal and two assists to break Joe Thornton's San Jose record for points in a season with 115, helping the Sharks rout the Winnipeg Jets 6-1 on Thursday night in the finale for both teams.
Landen Roupp allowed one hit in six innings and Matt Chapman had an RBI double to spark a three-run rally in the seventh and help the San Francisco Giants beat the Cincinnati Reds 3-0.
Stephen Curry scored 27 of his 35 points in the second half, Al Horford hit four 3-pointers during Golden State's electrifying fourth-quarter comeback and the Warriors advanced in the NBA's play-in tournament with a 126-121 victory over the Los Angeles Clippers.
The final countdown is on for the Golden State Valkyries second season and fans are already itching to get back into Ballhalla.
FIFA President Gianni Infantino reiterated his stance Wednesday that Iran will participate in the World Cup "for sure" despite its war with the U.S.
Three LA County residents will spend their weekends in jail for dressing up as a bear and trashing luxury cars for insurance money.
Prosecutors in San Francisco charged a man with murder, alleging he struck and ran over an elderly pedestrian in a fit of road rage.
A San Francisco toddler's fatal overdose due to fentanyl poisoning earlier this year has resulted in murder charges against the child's parents, the district attorney announced on Wednesday.
A San Jose man has been arrested on multiple counts of assault in connection with a series of unprovoked attacks primarily targeting elderly men.
Police in San Francisco arrested a suspect in a hit-and-run crash that killed a pedestrian on Monday, the department said.
The interactive gaming platform Roblox, popular among children and teens, has reached an over $12 million agreement with the state of Nevada over its protections for young users.
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.
Could powerful AI models like Anthropic's Mythos give cybercriminals and other bad actors a roadmap for exploiting tech systems?
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
The Computer History Museum is more than a walk through the past; it is a reflection of how rapidly technology continues to shape everyday life.
Health officials in San Francisco announced Wednesday that an infant who recently traveled outside the United States has tested positive for measles.
A dead bat found at a Fremont home earlier this week has tested positive for the deadly rabies virus, according to authorities.
An East Bay woman is using the sport of pickleball to help find a cure for Parkinson's disease.
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.
The early-season heat wave gripping the Bay Area also means the allergy season is already kicking into high gear.
The House and Senate have now passed a 10-day extension for the controversial warrantless surveillance law.
After polling around 3% last month, former state attorney general Xavier Becerra jumped to 10% after Eric Swalwell dropped out of the California governor's race.
But underground construction work on a presidential bunker underneath the ballroom can continue, the judge said.
Few Republicans have been willing to distance themselves from the president as the war's end remains uncertain.
It was the fourth time Democrats in the Senate had forced a vote on the issue since the war began on Feb. 28.
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
Philz Coffee's move to remove the Pride flag and all other flags from their stores is brewing up some strong reaction.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
The Trump administration has given San Jose State University 10 days to change its policy on transgender athletes or face legal action and possibly lose federal funding.
A man has been arrested and accused of a hate crime after a San Francisco church was vandalized over the weekend, police said.
Pop star Britney Spears has voluntarily checked into rehab following her DUI arrest in Ventura County in March, a representative for the singer told CBS LA.
Adrian Arias's work, entitled "Layers of the Mission: A Celebration of Memory and Resilience," is intended to bring attention to who he describes as real-life neighborhood heroes.
City leadership recently passed legislation that they say will help established event activators plan and execute at a much faster pace.
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.
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.
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.
A sea lion turned heads in San Francisco's Outer Sunset after wandering out of the ocean and onto a neighborhood street.
The Emperor Penguin and the Antarctic Fur Seal now face an ominous uphill climb.
In San Francisco's Civic Center, a nearly 100-year-old building is getting a major upgrade.
Kara St. Cyr breaks down the numbers.
San Francisco's iconic Fisherman's Wharf is evolving and seeking to shed some long-held views of being a "tourist trap." Sooji Nam 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.